US Capital Advisors Research Analysts Lift Earnings Estimates for Southwestern Energy (NYSE:SWN)

Southwestern Energy (NYSE:SWN) – Equities researchers at US Capital Advisors upped their Q2 2019 earnings per share estimates for shares of Southwestern Energy in a research report issued on Wednesday, March 27th, Zacks Investment Research reports. US Capital Advisors analyst C. Horwitz now forecasts that the energy company will earn $0.25 per share for the quarter, up from their prior estimate of $0.24. US Capital Advisors also issued estimates for Southwestern Energy’s Q3 2019 earnings at $0.26 EPS, Q4 2019 earnings at $0.29 EPS, Q2 2020 earnings at $0.21 EPS, Q3 2020 earnings at $0.21 EPS, Q4 2020 earnings at $0.24 EPS, FY2020 earnings at $0.94 EPS and FY2021 earnings at $0.81 EPS.

Several other equities analysts also recently commented on the stock. Bank of America downgraded shares of Southwestern Energy from a “neutral” rating to an “underperform” rating in a research note on Friday, January 4th. Mitsubishi UFJ Financial Group dropped their price target on shares of Southwestern Energy to $5.00 and set a “neutral” rating for the company in a research note on Friday, February 8th. Morgan Stanley set a $4.00 price target on shares of Southwestern Energy and gave the company a “sell” rating in a research note on Tuesday, January 29th. B. Riley set a $7.00 price target on shares of Southwestern Energy and gave the company a “buy” rating in a research note on Friday, January 18th. Finally, MKM Partners reaffirmed a “neutral” rating and set a $4.00 price target on shares of Southwestern Energy in a research note on Wednesday, January 16th. Five analysts have rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $5.61.

NYSE:SWN traded down $0.31 on Thursday, hitting $4.15. The company had a trading volume of 31,266,170 shares, compared to its average volume of 16,253,995. The company has a market cap of $2.25 billion, a price-to-earnings ratio of 4.07 and a beta of 1.31. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.13 and a quick ratio of 1.13. Southwestern Energy has a 52 week low of $3.23 and a 52 week high of $6.23.

Southwestern Energy (NYSE:SWN) last issued its quarterly earnings data on Thursday, February 28th. The energy company reported $0.31 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by ($0.03). The company had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1 billion. Southwestern Energy had a net margin of 13.90% and a return on equity of 26.15%.

Several institutional investors and hedge funds have recently bought and sold shares of SWN. FMR LLC increased its position in shares of Southwestern Energy by 216.5% during the third quarter. FMR LLC now owns 49,012,660 shares of the energy company’s stock worth $250,454,000 after buying an additional 33,527,802 shares during the period. Dimensional Fund Advisors LP grew its holdings in Southwestern Energy by 78.7% in the third quarter. Dimensional Fund Advisors LP now owns 26,092,943 shares of the energy company’s stock worth $133,337,000 after purchasing an additional 11,494,799 shares during the period. Norges Bank acquired a new stake in Southwestern Energy in the fourth quarter worth $29,967,000. BlackRock Inc. grew its holdings in Southwestern Energy by 9.7% in the third quarter. BlackRock Inc. now owns 67,902,435 shares of the energy company’s stock worth $346,981,000 after purchasing an additional 6,031,138 shares during the period. Finally, Key Group Holdings Cayman LTD. grew its holdings in Southwestern Energy by 62.3% in the third quarter. Key Group Holdings Cayman LTD. now owns 13,799,075 shares of the energy company’s stock worth $70,513,000 after purchasing an additional 5,294,395 shares during the period. Institutional investors own 94.61% of the company’s stock.

Southwestern Energy Company Profile

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. It operates through two segments, Exploration and Production, and Midstream. The company focuses on the development of unconventional natural gas reservoirs located in Pennsylvania and West Virginia.

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

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