Southwest Gas Holdings, Inc. (NYSE:SWX) to Post Q1 2025 Earnings of $1.81 Per Share, Zacks Research Forecasts

Southwest Gas Holdings, Inc. (NYSE:SWX - Free Report) - Equities research analysts at Zacks Research decreased their Q1 2025 earnings per share (EPS) estimates for shares of Southwest Gas in a note issued to investors on Tuesday, April 9th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings per share of $1.81 for the quarter, down from their previous 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 - Get Free Report) last announced its earnings results on Wednesday, February 28th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.16. The business had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.27 billion. Southwest Gas had a return on equity of 7.28% and a net margin of 2.78%.

Several other research analysts have also weighed in on SWX. Citigroup lifted their price objective 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 Trading Down 2.3 %

Shares of SWX stock traded down $1.75 during mid-day trading on Wednesday, hitting $73.41. The company's stock had a trading volume of 622,406 shares, compared to its average volume of 458,017. The company's fifty day simple moving average is $68.00 and its 200-day simple moving average is $63.18. Southwest Gas has a 52 week low of $53.79 and a 52 week high of $76.75. 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 company has a market cap of $5.26 billion, a PE ratio of 34.63, a P/E/G ratio of 3.70 and a beta of 0.36.

Southwest Gas Announces Dividend

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

Institutional Trading of Southwest Gas

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SWX. Kapitalo Investimentos Ltda boosted its stake in Southwest Gas by 4.2% during the 4th quarter. Kapitalo Investimentos Ltda now owns 4,234 shares of the utilities provider's stock valued at $268,000 after purchasing an additional 171 shares during the last quarter. Wellington Management Group LLP boosted its stake in Southwest Gas by 24.4% during the 4th quarter. Wellington Management Group LLP now owns 1,059,348 shares of the utilities provider's stock valued at $67,110,000 after purchasing an additional 207,798 shares during the last quarter. V Square Quantitative Management LLC acquired a new position in Southwest Gas during the 4th quarter valued at about $239,000. Price T Rowe Associates Inc. MD boosted its stake in Southwest Gas by 5.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 55,506 shares of the utilities provider's stock valued at $3,517,000 after purchasing an additional 2,717 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new position in Southwest Gas during the 4th quarter valued at about $981,000. 92.77% of the stock is owned by institutional investors.

About Southwest Gas

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.