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Snam S.p.A. (SNMRY) Stock Price & Analysis

Snam S.p.A. (SNMRY) — price $12.59 (+1.45%), as of the Oct 2, 2026 trading session; market cap $21.1B.

Educational signal · not a buy or sell recommendation · How to read this

$12.59 +$0.18 (+1.45%) Market Cap $21.1B

Snam S.p.A. · SNMRY · Utilities · Regulated Gas

Snam S.p.A., together with its subsidiaries, engages in the operation of natural gas transport and storage infrastructure. It operates through Natural gas transportation; Natural gas storage; LNG regasification; and Market solutions segments.

Price as of Oct 2, 2026

Key Statistics

MoonshotScore is not published for this security.

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$12.59
Change on the day+1.45%
52-week range$11.72 – $16.01
Market capitalisation$21.1B
Price / earnings (trailing)16.51
Shares traded on the day28
Beta (volatility vs the S&P 500)0.61
Dividends per share (last 12 months)$0.69
Dividend yield (last 12 months)5.51%

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 2, 2026: low $12, high $16, latest $13. 1 reported quarter marked. 1 other dated event marked. $16 $12 high $16 May 6, 2026 · Earnings results · no recorded estimate to compare · close $151Jul 29, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $132 Sep 5, 2025 Oct 2, 2026 · $13 $12Sep 5, 2025$12Sep 19, 2025$12Oct 3, 2025$12Oct 17, 2025$12Oct 31, 2025$13Nov 14, 2025$13Nov 28, 2025$13Dec 12, 2025$13Dec 26, 2025$14Jan 9, 2026$13Jan 23, 2026$14Feb 6, 2026$15Feb 20, 2026$15Mar 6, 2026$15Mar 20, 2026$15Apr 2, 2026$15Apr 17, 2026$16May 1, 2026$14May 15, 2026$14May 29, 2026$15Jun 12, 2026$14Jun 26, 2026$14Jul 10, 2026$14Jul 24, 2026$13Aug 7, 2026$13Aug 21, 2026$13Sep 4, 2026$13Sep 18, 2026$13Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results
  • · Earnings call · management outlook

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Management outlook

As of

  • As for the full year 2026, we expect the change in working capital to remain broadly stable at around EUR 600 million.

    Luca Passa · Statement from

  • Clearly, we will expect next year to understand whether there is additional need for additional capacity.

    Luca Passa · Statement from

Statement dates identify the earnings call, not a deadline. Management expectations can change.

Source records

Other perspectives

Council score for Snam S.p.A. (SNMRY): perspectives

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Legends Council

3 lenses, 0 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Englander-style lens (simulated) Izzy Englander Unfavorable read
Klarman-style lens (simulated) Seth Klarman Unfavorable read
Moon AI lens (model) Neutral read

Read on: Oct 1, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Neutral
Margin of Safety Fairly Valued
Profit Margin Strong
Revenue Growth Neutral
Debt/Equity Negative
ROE Moderate
Gross Margin Strong

Read on: Oct 1, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Oct 1, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.

Readings on this page are from Oct 5, 2026, except a card that shows its own read date.

Watch the SNMRY film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Snam S.p.A. (SNMRY), and what does it report?

Short answer · as of

Snam S.p.A., together with its subsidiaries, engages in the operation of natural gas transport and storage infrastructure. It operates through Natural gas transportation; Natural gas storage; LNG regasification; and Market solutions segments. Snam S.p.A. (SNMRY) is classified as Utilities / Regulated Gas. SEC filing business address: 120 Broadway, 32ND Floor, NEW York, NY, 10271. It employs 4,008 people and is led by Agostino Scornajenchi. In Q2 FY2026 it reported revenue of $2.30B and net income of $746M. The market values it at $21.1B.

2 · Latest results

What do the latest results show for Snam S.p.A. (SNMRY)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $2.30B.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$1.17B May 6, 2026
Latest report · revenue estimate
$1.20B May 6, 2026
Latest report · revenue vs estimate
Below estimate May 6, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
May 6, 2026$1.17B$1.20B$0.6340Not available
Jul 30, 2025$1.09B$917.66M$0.2590Not available
May 8, 2025$928.83M$978.33M$0.1905Not available
Mar 19, 2025$2.85B$1.33B$0.4086Not available

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter (converted from EUR)
PeriodRevenueNet incomeEPS
Q2 FY2026$2.30B$746M$0.44 (diluted)
Q4 FY2025$1.12B$1.02B$0.61 (diluted)
Q2 FY2025$1.04B$413M$0.25 (diluted)
Q4 FY2024$1.01B$346M$0.21 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Snam S.p.A. (SNMRY)?

Short answer

The distress and quality screens read Altman Z 0.94 · Piotroski F 4. Trailing ratios: ROE 13.1% · ROA 3.0% · current ratio 0.76 · earnings yield 6.1% · free-cash-flow yield 2.9%.

The records behind this page

Who holds the shares?

Institutional ownership reported through 13F filings.

Institutional ownership
0.0% Period end Jun 30, 2026
Previous quarter · ownership
0.0% Prior to period end Jun 30, 2026
Reporting holders
4 Period end Jun 30, 2026
Previous quarter · holders
3 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
Rhumbline Advisers10,509
Gamma Investing LLC3,333
Wellington-Altus Usa INC.3,197
Salomon & Ludwin, LLC495

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

What has been published about Snam S.p.A. (SNMRY)?

Read these with our analysis →

Snam S.p.A. Utilities Stock: Key Questions Answered

Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.

How does Snam earn from its gas transport network?

Snam provides transportation and dispatching through an extensive network spanning Italy and several international markets. Demand for access to that infrastructure, rather than direct retail gas sales, is the relevant business mechanism.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy)

Why do Snam’s storage concessions matter?

The concessions link underground deposits, wells, treatment facilities, compression plants and dispatching systems into an integrated storage service. They let Snam earn from the need to hold and manage gas as well as move it.

Sources (as of 2026-09-12): Business description

What role does LNG regasification play at Snam?

Snam owns and manages plants that convert imported LNG for entry into the gas system. Capacity use and any need for added capacity can therefore affect infrastructure activity, although management is still assessing future requirements.

Sources (as of 2026-09-12): Business description; Management outlook — dated call excerpts

What is the SNMRY stock price today?

The last price recorded on this page for Snam S.p.A. (SNMRY) is $12.59, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

Does SNMRY pay a dividend?

Yes. Snam S.p.A. (SNMRY) shows a trailing 12-month dividend yield of 5.51%, as of Oct 2, 2026, in the data on this page. Payout ratio and cash-flow coverage decide whether it can last, and past dividends do not guarantee future payments.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources — records for every figure on this page (42 figures)

The 42 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 2 facts from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsLuca Passa (Jul 29, 2026): As for the full year 2026, we expect the change in working capital to remain broadly stable at around EUR 600 million. Luca Passa (Jul 29, 2026): Clearly, we will expect next year to understand whether there is additional need for additional capacity. Luca Passa (Jul 29, 2026): In terms of financial expected for the full year, notwithstanding an higher average net debt for the full year and the new guidance on EUR 18.9 billion, we confirm our guidance for financial expenses of EUR 335 million for the full year, which is a combination of higher financial expenses on debt for EUR 30 million and higher financial expenses not from debt for about EUR 27 million.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.
id.hqSEC filing business address120 Broadway, 32ND Floor, NEW York, NY, 10271OFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "Via Vezza d'Oglio, 6, Milan, MI, 20139, IT". The FMP company description names Milan, Italy as the headquarters; this page uses the address in this row.

FMP — 34 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.lastLatest provided price$12.59FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T20:54:56.236Z.
px.changeChange on the day+1.45%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$21.1BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:00.000Z. Captured from FMP at 2026-10-04T20:54:54.993Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
id.business_summaryBusiness description (FMP excerpt)Snam S.p.A., together with its subsidiaries, engages in the operation of natural gas transport and storage infrastructure. It operates through Natural gas transportation; Natural gas storage; LNG regasification; and Market solutions segments.FMPFinancial Modeling Prep (FMP) company profile — Deterministic excerpt derived from id.description; source and date describe the input fact, not a new provider observation
px.change_absChange on the day, in dollars+$0.18FMPFinancial Modeling Prep (FMP) · quote
px.pePrice / earnings (trailing)16.51FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day28FMPFinancial Modeling Prep (FMP) · quote
px.betaBeta0.61FMPFinancial Modeling Prep (FMP) company profile
id.sectorSector / industry (provider taxonomy)Utilities / Regulated GasFMPFinancial Modeling Prep (FMP) company profile
id.employeesEmployees4,008FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveAgostino ScornajenchiFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
fin.q_revenueRevenue, Q2 FY2026$2.30BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
fin.q_incomeNet income, Q2 FY2026$746MFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
earn.history.depth.2026-05-06.revenue_actualRevenue · reported — report date 2026-05-06$1.17BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-06.revenue_estimatedRevenue · estimate — report date 2026-05-06$1.20BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-06.eps_actualEPS · reported — report date 2026-05-06$0.6340Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-07-30.revenue_actualRevenue · reported — report date 2025-07-30$1.09BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-07-30.revenue_estimatedRevenue · estimate — report date 2025-07-30$917.66MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-07-30.eps_actualEPS · reported — report date 2025-07-30$0.2590Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-05-08.revenue_actualRevenue · reported — report date 2025-05-08$928.83MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-05-08.revenue_estimatedRevenue · estimate — report date 2025-05-08$978.33MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-05-08.eps_actualEPS · reported — report date 2025-05-08$0.1905Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-03-19.revenue_actualRevenue · reported — report date 2025-03-19$2.85BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-03-19.revenue_estimatedRevenue · estimate — report date 2025-03-19$1.33BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-03-19.eps_actualEPS · reported — report date 2025-03-19$0.4086Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
own.institutions.depth.ownership_pctInstitutional ownership0.0%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.ownership_pct_previous_quarterPrevious quarter · ownership0.0%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.institutions.depth.holdersReporting holders4FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders3FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesRhumbline Advisers — shares in provider snapshot10,509FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesGamma Investing LLC — shares in provider snapshot3,333FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesWellington-Altus Usa INC. — shares in provider snapshot3,197FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesSalomon & Ludwin, LLC — shares in provider snapshot495FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 3 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.range5252-week range$11.72 – $16.01UNRECORDEDStored company-profile observation — Captured 2026-10-03
fin.scoresDistress and quality screensAltman Z 0.94 · Piotroski F 4UNRECORDEDStored financial-scores observation — Captured 2026-10-04
fin.ratiosReturn and yield ratios (trailing twelve months)ROE 13.1% · ROA 3.0% · current ratio 0.76 · earnings yield 6.1% · free-cash-flow yield 2.9%—UNRECORDEDStored key metrics — Date unknown

COMPUTED — 3 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
div.ttm_per_shareDividends per share, last 12 months (split-adjusted)$0.69COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history — Sum of 2 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-04, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate.
div.ttm_yieldDividend yield, last 12 months5.51%COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate.
earn.history.depth.2026-05-06.revenue_actual.comparisonLatest report · revenue vs estimateBelow estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($1.17B) with the recorded estimate ($1.20B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

Fact-family notes

  1. Earnings-history note. Source series as of 2026-05-06. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-05-06.revenue_actual, earn.history.depth.2026-05-06.revenue_estimated, earn.history.depth.2026-05-06.revenue_actual.comparison, earn.history.depth.2026-05-06.eps_actual, earn.history.depth.2025-07-30.revenue_actual, earn.history.depth.2025-07-30.revenue_estimated, earn.history.depth.2025-07-30.eps_actual, earn.history.depth.2025-05-08.revenue_actual, earn.history.depth.2025-05-08.revenue_estimated, earn.history.depth.2025-05-08.eps_actual, earn.history.depth.2025-03-19.revenue_actual, earn.history.depth.2025-03-19.revenue_estimated, earn.history.depth.2025-03-19.eps_actual.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-12

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Business description
Snam S.p.A., together with its subsidiaries, engages in the operation of natural gas transport and storage infrastructure. It operates through Natural gas transportation; Natural gas storage; LNG regasification; and Market solutions segments. The company offers natural gas transportation and dispatching services; and owns and manages liquified natural gas (LNG) regasification plants. It also provides natural gas storage services through an integrated group of infrastructure comprising deposits, wells, gas treatment and compression plants, and the operational dispatching systems; and operates storage concessions located in Lombardy, Emilia-Romagna, and Abruzzo. In addition, the company offers energy efficiency solutions for companies, condominiums, tertiary, and public administration sectors; and invests, constructs, develops, and operates biogas and biomethane plants. Further, the company provides technical consulting services; and sells automotive compressed natural gas (CNG) compressors. It operates a natural gas transportation network of approximately 38,000 kilometers in Italy, Austria, the United Arab Emirates, France, Greece, and the United Kingdom. The company was formerly known as Snam Rete Gas S.p.A. and changed its name to Snam S.p.A. in January 2012. Snam S.p.A. was founded in 1941 and is headquartered in Milan, Italy.
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Sector / industry (provider taxonomy)
Utilities / Regulated Gas
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Management outlook — dated call excerpts
Captured record · 3 entries
  • Call of 2026-07-29 — Quote: As for the full year 2026, we expect the change in working capital to remain broadly stable at around EUR 600 million., Speaker: Luca Passa
  • Call of 2026-07-29 — Quote: Clearly, we will expect next year to understand whether there is additional need for additional capacity., Speaker: Luca Passa
  • Call of 2026-07-29 — Quote: In terms of financial expected for the full year, notwithstanding an higher average net debt for the full year and the new guidance on EUR 18.9 billion, we confirm our guidance for financial expenses of EUR 335 million for the full year, which is a combination of higher financial expenses on debt for EUR 30 million and higher financial expenses not from debt for about EUR 27 million., Speaker: Luca Passa

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-07-29OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.