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NYSE:SWX

Southwest Gas (SWX) Stock Price, News & Analysis

$77.59
+2.40 (+3.19%)
(As of 05/31/2024 ET)
Today's Range
$75.28
$77.70
50-Day Range
$72.27
$78.31
52-Week Range
$56.17
$78.46
Volume
503,311 shs
Average Volume
299,011 shs
Market Capitalization
$5.56 billion
P/E Ratio
29.06
Dividend Yield
3.20%
Price Target
$75.00

Southwest Gas MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
3.3% Downside
$75.00 Price Target
Short Interest
Healthy
3.92% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-8.87
Upright™ Environmental Score
News Sentiment
0.40mentions of Southwest Gas in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$200,812 Sold Last Quarter
Proj. Earnings Growth
19.30%
From $3.42 to $4.08 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.74 out of 5 stars

Utilities Sector

43rd out of 90 stocks

Gas Transmission & Distribution Industry

3rd out of 6 stocks

SWX stock logo

About Southwest Gas Stock (NYSE:SWX)

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. As of December 31, 2023, it had 2,226,000 residential, commercial, industrial, and other natural gas customers. Southwest Gas Holdings, Inc. was incorporated in 1931 and is headquartered in Las Vegas, Nevada.

SWX Stock Price History

SWX Stock News Headlines

Southwest Gas Holdings, Inc. Q1 Income Advances
Southwest Gas: Q1 Earnings Snapshot
Southwest Gas Holdings Inc.
Centuri Holdings: Not Electrified About This IPO
Centuri jumps 13% in IPO debut (update)
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Ex-Dividend for 6/3 Dividend
5/14/2024
Today
6/02/2024
Dividend Payable
6/03/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Gas transmission & distribution
Sub-Industry
Gas Utilities
CUSIP
84489510
Employees
2,371
Year Founded
1931

Price Target and Rating

Average Stock Price Target
$75.00
High Stock Price Target
$77.00
Low Stock Price Target
$73.00
Potential Upside/Downside
-3.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$150.89 million
Pretax Margin
4.17%

Debt

Sales & Book Value

Annual Sales
$5.43 billion
Cash Flow
$9.50 per share
Book Value
$46.83 per share

Miscellaneous

Free Float
71,389,000
Market Cap
$5.56 billion
Optionable
Optionable
Beta
0.36

Social Links

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Key Executives

  • Ms. Karen S. Haller (Age 60)
    President, CEO & Director
    Comp: $2.48M
  • Mr. Randall P. Gabe (Age 54)
    Senior VP & Chief Administrative Officer of Southwest Gas Holdings, Inc.
    Comp: $748.42k
  • Mr. Justin Lee Brown (Age 51)
    President of Southwest Gas Corporation
    Comp: $1.14M
  • Raied N. Stanley
    VP of Information Services & Chief Information Officer
  • Mr. Justin S. Forsberg
    Vice President of Investor Relations & Treasurer
  • Catherine Mazzeo
    VP, General Counsel and Risk, Safety & Compliance Officer
  • Albert L. Taylor
    Vice President of Human Resources
  • Ms. Julie M. Williams (Age 51)
    Senior Vice President of Continuous Improvement & Optimization
    Comp: $647.25k
  • Amy L. Timperley (Age 47)
    Senior VP and Chief Regulatory Strategy & Planning Officer
  • Laura Nelson
    Vice President of Sustainability & External Affairs

SWX Stock Analysis - Frequently Asked Questions

Should I buy or sell Southwest Gas stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southwest Gas in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SWX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SWX, but not buy additional shares or sell existing shares.
View SWX analyst ratings
or view top-rated stocks.

What is Southwest Gas' stock price target for 2024?

2 analysts have issued 12-month target prices for Southwest Gas' stock. Their SWX share price targets range from $73.00 to $77.00. On average, they anticipate the company's share price to reach $75.00 in the next twelve months. This suggests that the stock has a possible downside of 3.3%.
View analysts price targets for SWX
or view top-rated stocks among Wall Street analysts.

How have SWX shares performed in 2024?

Southwest Gas' stock was trading at $63.35 on January 1st, 2024. Since then, SWX stock has increased by 22.5% and is now trading at $77.59.
View the best growth stocks for 2024 here
.

When is Southwest Gas' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our SWX earnings forecast
.

How were Southwest Gas' earnings last quarter?

Southwest Gas Holdings, Inc. (NYSE:SWX) posted its quarterly earnings data on Wednesday, May, 8th. The utilities provider reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.70 by $0.33. The utilities provider earned $1.58 billion during the quarter, compared to analyst estimates of $1.38 billion. Southwest Gas had a net margin of 3.56% and a trailing twelve-month return on equity of 6.71%. The firm's revenue for the quarter was down 1.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.69 earnings per share.

How often does Southwest Gas pay dividends? What is the dividend yield for Southwest Gas?

Southwest Gas announced a quarterly dividend on Friday, May 3rd. Investors of record on Thursday, August 15th will be given a dividend of $0.62 per share on Tuesday, September 3rd. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date is Thursday, August 15th.
Read our dividend analysis for SWX
.

Is Southwest Gas a good dividend stock?

Southwest Gas (NYSE:SWX) pays an annual dividend of $2.48 per share and currently has a dividend yield of 3.20%. The company has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 92.88%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SWX will have a dividend payout ratio of 60.78% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SWX.

What is John P. Hester's approval rating as Southwest Gas' CEO?

13 employees have rated Southwest Gas Chief Executive Officer John P. Hester on Glassdoor.com. John P. Hester has an approval rating of 68% among the company's employees.

What other stocks do shareholders of Southwest Gas own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Southwest Gas investors own include Johnson & Johnson (JNJ), Procter & Gamble (PG), Verizon Communications (VZ), Cisco Systems (CSCO), AT&T (T), Home Depot (HD), Pfizer (PFE), RTX (RTX) and Walmart (WMT).

Who are Southwest Gas' major shareholders?

Southwest Gas' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.99%), Gabelli Funds LLC (1.71%), Principal Financial Group Inc. (1.67%), Gamco Investors INC. ET AL (1.24%), ProShare Advisors LLC (0.88%) and Kennedy Capital Management LLC (0.24%). Insiders that own company stock include Carl C Icahn, Eric Debonis, Justin L Brown, Lori L Colvin and Paul M Daily.
View institutional ownership trends
.

How do I buy shares of Southwest Gas?

Shares of SWX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Southwest Gas have any subsidiaries?
The following companies are subsidiares of Southwest Gas: CVTech Holding Inc., Canyon Pipeline Construction Inc., Canyon Special Projects LLC, Canyon Traffic Control LLC, Carson Water Company, Centuri Canada Division Inc., Centuri Group Inc., Centuri Oil & Gas Group LLC, Centuri Power Group LLC, Centuri Services Group LLC, Centuri U.S. Division Inc., Dominion Energy Overthrust Pipeline LLC, Dominion Energy Questar Pipeline LLC, Dominion Energy Questar Pipeline Services Inc., Drum Parent LLC, Electric T&D Division LLC, Electric T&D Holdings LLC, Great Basin Gas Transmission Company, Intellichoice Energy LLC, Intellichoice Energy of California LLC, Linetec Services LLC, Meritus Electric T&D Division LLC, Meritus Oil & Gas Division LLC, Meritus Services Division LLC, MountainWest Pipelines Holding Company, NAPEC Inc., NPL Canada Ltd., NPL Construction Co., NPL East LLC, NPL Great Lakes LLC, NPL Mid-America LLC, NPL West LLC, National Barricade LLC, National Powerline LLC, Neuco Equipment LLC, New England Utility Constructors Inc., Oil & Gas Division LLC, QPC Holding Company LLC, Questar Energy Services Inc., Questar Field Services LLC, Questar Southern Trails Pipeline Company, Questar White River Hub LLC, Riggs Distler & Company Inc., Services Division LLC, Shelby Mechanical LLC, Shelby Plumbing LLC, Southwest Administrators Inc., Southwest Gas Corporation, Southwest Gas Holdings Inc., Southwest Gas Transmission Company, Southwest Gas Utility Group Inc., The Southwest Companies, Utility Financial Corp., VRO Construction Partners 1 LLC, W.S. Nicholls Construction Inc., W.S. Nicholls Western Construction Ltd., White River Hub LLC, and and Utility Financial Corp..
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This page (NYSE:SWX) was last updated on 6/2/2024 by MarketBeat.com Staff

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