Southwestern Energy (NYSE:SWN) – Research analysts at Mitsubishi UFJ Financial Group lifted their Q1 2019 earnings per share estimates for Southwestern Energy in a report released on Monday, March 4th. Mitsubishi UFJ Financial Group analyst M. Mcallister now expects that the energy company will post earnings of $0.41 per share for the quarter, up from their previous forecast of $0.37. Mitsubishi UFJ Financial Group has a “Neutral” rating and a $5.00 price target on the stock. Mitsubishi UFJ Financial Group also issued estimates for Southwestern Energy’s Q2 2019 earnings at $0.16 EPS, Q3 2019 earnings at $0.22 EPS, Q4 2019 earnings at $0.15 EPS, FY2019 earnings at $0.94 EPS, Q1 2020 earnings at $0.36 EPS, Q2 2020 earnings at $0.19 EPS, Q3 2020 earnings at $0.25 EPS, Q4 2020 earnings at $0.18 EPS and FY2020 earnings at $0.99 EPS.
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SWN has been the topic of a number of other research reports. Zacks Investment Research lowered Southwestern Energy from a “buy” rating to a “hold” rating in a report on Wednesday, February 13th. Morgan Stanley set a $4.00 price objective on Southwestern Energy and gave the stock a “sell” rating in a report on Tuesday, January 29th. B. Riley set a $7.00 price objective on Southwestern Energy and gave the stock a “buy” rating in a report on Friday, January 18th. MKM Partners reaffirmed a “neutral” rating and set a $4.00 price objective on shares of Southwestern Energy in a report on Wednesday, January 16th. Finally, Bank of America lowered Southwestern Energy from a “neutral” rating to an “underperform” rating in a report on Friday, January 4th. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has given a buy rating to the company. Southwestern Energy currently has an average rating of “Hold” and an average price target of $5.64.
NYSE:SWN opened at $4.42 on Wednesday. The company has a market capitalization of $2.46 billion, a PE ratio of 4.33 and a beta of 1.30. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 1.62. Southwestern Energy has a 12-month low of $3.23 and a 12-month high of $6.23.
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Mutual of America Capital Management LLC boosted its holdings in Southwestern Energy by 13.9% in the third quarter. Mutual of America Capital Management LLC now owns 501,142 shares of the energy company’s stock valued at $2,561,000 after purchasing an additional 61,327 shares during the last quarter. Teachers Advisors LLC lifted its holdings in Southwestern Energy by 0.3% during the 3rd quarter. Teachers Advisors LLC now owns 1,325,094 shares of the energy company’s stock worth $6,771,000 after buying an additional 3,486 shares during the last quarter. Courier Capital LLC bought a new position in Southwestern Energy during the 4th quarter worth approximately $48,000. PNC Financial Services Group Inc. lifted its holdings in Southwestern Energy by 1,723.1% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,516,216 shares of the energy company’s stock worth $7,747,000 after buying an additional 1,433,049 shares during the last quarter. Finally, Meeder Asset Management Inc. lifted its holdings in Southwestern Energy by 31.2% during the 4th quarter. Meeder Asset Management Inc. now owns 38,837 shares of the energy company’s stock worth $133,000 after buying an additional 9,240 shares during the last quarter. Institutional investors own 95.55% 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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