Analysts Anticipate Southwestern Energy (NYSE:SWN) Will Post Earnings of $0.31 Per Share

Equities research analysts forecast that Southwestern Energy (NYSE:SWN) will announce earnings of $0.31 per share for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Southwestern Energy’s earnings, with the highest EPS estimate coming in at $0.47 and the lowest estimate coming in at $0.21. Southwestern Energy posted earnings per share of $0.08 during the same quarter last year, which would indicate a positive year-over-year growth rate of 287.5%. The company is scheduled to issue its next earnings report on Thursday, November 4th.

On average, analysts expect that Southwestern Energy will report full-year earnings of $1.20 per share for the current financial year, with EPS estimates ranging from $0.93 to $1.77. For the next financial year, analysts forecast that the company will post earnings of $1.37 per share, with EPS estimates ranging from $0.97 to $1.95. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that cover Southwestern Energy.

Southwestern Energy (NYSE:SWN) last released its quarterly earnings data on Wednesday, July 28th. The energy company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.02). The business had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $884.62 million. Southwestern Energy had a positive return on equity of 135.54% and a negative net margin of 35.41%.

SWN has been the topic of a number of recent research reports. Susquehanna upgraded shares of Southwestern Energy from a “neutral” rating to a “positive” rating in a report on Monday, July 26th. Wolfe Research upgraded shares of Southwestern Energy from a “peer perform” rating to an “outperform” rating and upped their target price for the company from $5.00 to $7.00 in a report on Thursday, July 22nd. Wells Fargo & Company reduced their target price on shares of Southwestern Energy from $8.00 to $7.00 and set an “equal weight” rating on the stock in a report on Monday, August 23rd. Morgan Stanley increased their price objective on shares of Southwestern Energy from $5.00 to $6.00 and gave the stock an “equal weight” rating in a report on Friday, June 18th. Finally, Raymond James increased their price objective on shares of Southwestern Energy from $6.50 to $7.00 and gave the stock an “outperform” rating in a report on Tuesday. Two research analysts have rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $5.56.

NYSE:SWN opened at $5.22 on Wednesday. The firm has a market cap of $5.30 billion, a price-to-earnings ratio of -2.63 and a beta of 1.44. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 4.80. The company’s 50-day moving average is $4.78 and its two-hundred day moving average is $4.79. Southwestern Energy has a 12-month low of $2.18 and a 12-month high of $5.85.

A number of large investors have recently modified their holdings of SWN. Rafferty Asset Management LLC purchased a new position in shares of Southwestern Energy during the 2nd quarter valued at approximately $7,966,000. Mutual of America Capital Management LLC boosted its stake in shares of Southwestern Energy by 219.7% during the 2nd quarter. Mutual of America Capital Management LLC now owns 2,120,213 shares of the energy company’s stock valued at $12,022,000 after buying an additional 1,456,997 shares during the last quarter. Virtu Financial LLC purchased a new position in shares of Southwestern Energy during the 1st quarter valued at approximately $1,915,000. Oppenheimer & Co. Inc. boosted its stake in shares of Southwestern Energy by 13.9% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 479,894 shares of the energy company’s stock valued at $2,721,000 after buying an additional 58,438 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its stake in shares of Southwestern Energy by 17.7% during the 2nd quarter. Alliancebernstein L.P. now owns 1,012,520 shares of the energy company’s stock valued at $5,741,000 after buying an additional 152,450 shares during the last quarter. 93.17% of the stock is owned by institutional investors.

About Southwestern Energy

Southwestern Energy Co is a holding company, which engages in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs). It operates through the Exploration and Production (E&P), and Marketing segments. The E&P segment includes operations in northeast Pennsylvania, West Virginia, and southwest Pennsylvania, The Marketing segment deals in the marketing and transportation of natural gas, oil and NGLs primarily produced in E&P.

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Earnings History and Estimates for Southwestern Energy (NYSE:SWN)

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