Q1 2025 EPS Estimates for Southwest Gas Holdings, Inc. Lowered by Zacks Research (NYSE:SWX)

Southwest Gas Holdings, Inc. (NYSE:SWX) – Equities research analysts at Zacks Research dropped their Q1 2025 earnings per share estimates for Southwest Gas in a research note issued on Tuesday, April 9th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings of $1.81 per share for the quarter, down from their prior forecast of $1.94. The consensus estimate for Southwest Gas’ current full-year earnings is $3.41 per share. Zacks Research also issued estimates for Southwest Gas’ FY2025 earnings at $4.17 EPS, Q1 2026 earnings at $1.87 EPS and FY2026 earnings at $4.43 EPS.

Southwest Gas (NYSE:SWX) last announced its earnings results on Wednesday, February 28th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.16. Southwest Gas had a return on equity of 7.28% and a net margin of 2.78%. The business had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.27 billion.

A number of other analysts have also issued reports on the company. Citigroup lifted their target price on Southwest Gas from $64.00 to $73.00 and gave the stock a “neutral” rating in a research report on Thursday, February 29th. StockNews.com raised Southwest Gas from a “sell” rating to a “hold” rating in a research report on Wednesday, December 27th.

Southwest Gas Stock Down 2.3 %

Shares of NYSE SWX opened at $73.41 on Wednesday. Southwest Gas has a 1 year low of $53.79 and a 1 year high of $76.75. The firm has a market cap of $5.26 billion, a price-to-earnings ratio of 34.63, a PEG ratio of 3.70 and a beta of 0.36. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.12 and a current ratio of 1.12. The stock’s 50-day simple moving average is $68.00 and its 200-day simple moving average is $63.18.

Southwest Gas Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be issued a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 3.38%. The ex-dividend date of this dividend is Tuesday, May 14th. Southwest Gas’s dividend payout ratio is currently 116.98%.

Institutional Trading of Southwest Gas

Several hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. grew its holdings in shares of Southwest Gas by 4.5% during the first quarter. BlackRock Inc. now owns 10,117,342 shares of the utilities provider’s stock valued at $631,828,000 after purchasing an additional 436,206 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Southwest Gas by 1.7% during the third quarter. Vanguard Group Inc. now owns 6,770,373 shares of the utilities provider’s stock valued at $472,233,000 after purchasing an additional 114,397 shares during the last quarter. State Street Corp grew its holdings in shares of Southwest Gas by 3.1% during the first quarter. State Street Corp now owns 2,277,553 shares of the utilities provider’s stock valued at $142,233,000 after purchasing an additional 67,936 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Southwest Gas by 5.6% during the first quarter. Geode Capital Management LLC now owns 1,324,858 shares of the utilities provider’s stock valued at $82,737,000 after purchasing an additional 70,444 shares during the last quarter. Finally, River Road Asset Management LLC grew its holdings in Southwest Gas by 0.6% in the 4th quarter. River Road Asset Management LLC now owns 1,183,049 shares of the utilities provider’s stock worth $74,946,000 after buying an additional 7,143 shares in the last quarter. 92.77% of the stock is owned by institutional investors.

Southwest Gas Company Profile

Southwest Gas Holdings, Inc, through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. The company operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. It also provides trenching, installation, and replacement of underground pipes, as well as maintenance services for energy distribution systems.