Southwest Gas (SWX) Stock Price, News & Analysis

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Southwest Gas in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research 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.

2 brokers have issued 1-year target prices for Southwest Gas' shares. 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 year. This suggests that the stock has a possible downside of 1.6%.
View analysts price targets for SWX or view top-rated stocks among Wall Street analysts.

Southwest Gas' stock was trading at $63.35 at the beginning of 2024. Since then, SWX stock has increased by 20.3% and is now trading at $76.19.
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Southwest Gas saw a increase in short interest in April. As of April 15th, there was short interest totaling 3,000,000 shares, an increase of 20.5% from the March 31st total of 2,490,000 shares. Based on an average daily trading volume, of 494,600 shares, the short-interest ratio is presently 6.1 days.
View Southwest Gas' Short Interest.

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

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

Southwest Gas declared a quarterly dividend on Friday, May 3rd. Stockholders 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 yield of 3.26%. The ex-dividend date is Thursday, August 15th.
Read our dividend analysis for SWX.

Southwest Gas (NYSE:SWX) pays an annual dividend of $2.48 per share and currently has a dividend yield of 3.26%. 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 60.34% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SWX.

ETFs with the largest weight of Southwest Gas (NYSE:SWX) stock in their portfolio include Aztlan Global Stock Selection DM SMID ETF (AZTD), LeaderShares Activist Leaders ETF (ACTV), Invesco Building & Construction ETF (PKB), Ecofin U.S. Renewables Infrastructure Trust (RNEW), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Tortoise North American Pipeline Fund (TPYP), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB) and ProShares Russell 2000 Dividend Growers ETF (SMDV).

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.

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).

Southwest Gas' stock is owned by many different retail and institutional investors. Top institutional investors 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.
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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.
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