Brokers Offer Predictions for Southwestern Energy’s FY2017 Earnings (SWN)

Southwestern Energy (NYSE:SWN) – Investment analysts at B. Riley issued their FY2017 earnings per share (EPS) estimates for shares of Southwestern Energy in a report issued on Monday. B. Riley analyst R. Rashid expects that the energy company will earn $0.53 per share for the year. B. Riley currently has a “Neutral” rating and a $5.00 target price on the stock. B. Riley also issued estimates for Southwestern Energy’s Q4 2017 earnings at $0.22 EPS, Q1 2018 earnings at $0.36 EPS, Q2 2018 earnings at $0.24 EPS, Q3 2018 earnings at $0.17 EPS, Q4 2018 earnings at $0.35 EPS, FY2018 earnings at $1.11 EPS, Q1 2019 earnings at $0.41 EPS, Q2 2019 earnings at $0.26 EPS, Q3 2019 earnings at $0.18 EPS, Q4 2019 earnings at $0.40 EPS and FY2019 earnings at $1.25 EPS.

SWN has been the subject of a number of other reports. Barclays increased their price target on shares of Southwestern Energy from $5.00 to $6.00 and gave the stock an “equal weight” rating in a research report on Monday, October 30th. BMO Capital Markets set a $9.00 price target on shares of Southwestern Energy and gave the stock a “buy” rating in a research report on Tuesday, November 14th. Cowen set a $8.00 price target on shares of Southwestern Energy and gave the stock a “buy” rating in a research report on Thursday, January 18th. Mizuho lowered shares of Southwestern Energy from a “buy” rating to a “neutral” rating in a research report on Tuesday, November 21st. Finally, Goldman Sachs Group lowered shares of Southwestern Energy from a “neutral” rating to a “sell” rating in a research report on Thursday, February 1st. Eight equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and five have assigned a buy rating to the stock. Southwestern Energy currently has a consensus rating of “Hold” and an average price target of $8.58.

Shares of Southwestern Energy (NYSE:SWN) opened at $3.64 on Thursday. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 2.66. The stock has a market cap of $1,870.00, a P/E ratio of 5.87 and a beta of 0.96. Southwestern Energy has a 52-week low of $3.59 and a 52-week high of $9.17.

A number of large investors have recently added to or reduced their stakes in SWN. Ameriprise Financial Inc. increased its holdings in Southwestern Energy by 85.6% in the second quarter. Ameriprise Financial Inc. now owns 1,570,697 shares of the energy company’s stock worth $9,550,000 after buying an additional 724,639 shares during the last quarter. Thrivent Financial For Lutherans increased its holdings in Southwestern Energy by 462.6% in the second quarter. Thrivent Financial For Lutherans now owns 102,670 shares of the energy company’s stock worth $624,000 after buying an additional 84,420 shares during the last quarter. California Public Employees Retirement System increased its holdings in Southwestern Energy by 6.2% in the second quarter. California Public Employees Retirement System now owns 1,027,500 shares of the energy company’s stock worth $6,247,000 after buying an additional 60,400 shares during the last quarter. Parametric Portfolio Associates LLC increased its holdings in Southwestern Energy by 31.7% in the second quarter. Parametric Portfolio Associates LLC now owns 1,783,369 shares of the energy company’s stock worth $10,843,000 after buying an additional 428,840 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky increased its holdings in Southwestern Energy by 50.1% in the second quarter. Teachers Retirement System of The State of Kentucky now owns 84,200 shares of the energy company’s stock worth $512,000 after buying an additional 28,100 shares during the last quarter. Hedge funds and other institutional investors own 77.27% of the company’s stock.

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Southwestern Energy Company Profile

Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production. The Company operates through two segments: Exploration and Production (E&P) and Midstream Services. Its operations in northeast Pennsylvania are primarily focused on the unconventional natural gas reservoir known as the Marcellus Shale.

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

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