Southwest Gas (SWX) Projected to Post Quarterly Earnings on Tuesday

Key Points

• Q1 2026 earnings: Southwest Gas will report results before the open on Tuesday, May 5 (conference call 11:00 AM ET); analysts expect $2.02 EPS and $695.52 million revenue, and the company has set FY2026 guidance at 4.170–4.320 EPS.
• Dividend increase: The board raised the quarterly dividend to $0.645 (from $0.62), with an ex-dividend date of May 15 and payment on June 1, implying a $2.58 annualized payout and a ~2.7% yield.
• Recent results showed a miss in the prior quarter (Feb. 25) with $1.36 EPS vs. $1.40 expected and revenue down 13.1% year-over-year; Wall Street consensus is a "Moderate Buy" with a $88.40 price target while the stock trades near its 52-week high (~$94) and a ~$6.8B market cap.

Southwest Gas (NYSE:SWX - Get Free Report) is expected to be releasing its Q1 2026 results before the market opens on Tuesday, May 5th. Analysts expect the company to announce earnings of $2.02 per share and revenue of $695.52 million for the quarter. Southwest Gas has set its FY 2026 guidance at 4.170-4.320 EPS. Investors can find conference call details on the company's upcoming Q1 2026 earning report page for the latest details on the call scheduled for Tuesday, May 5, 2026 at 11:00 AM ET.

Southwest Gas (NYSE:SWX - Get Free Report) last announced its earnings results on Wednesday, February 25th. The utilities provider reported $1.36 EPS for the quarter, missing analysts' consensus estimates of $1.40 by ($0.04). Southwest Gas had a net margin of 14.77% and a return on equity of 6.62%. The company had revenue of $480.74 million for the quarter, compared to analyst estimates of $587.01 million. During the same quarter last year, the company posted $1.39 EPS. Southwest Gas's quarterly revenue was down 13.1% compared to the same quarter last year. On average, analysts expect Southwest Gas to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Southwest Gas Trading Up 2.5%

Shares of SWX stock opened at $94.17 on Friday. Southwest Gas has a twelve month low of $66.93 and a twelve month high of $94.41. The company has a market capitalization of $6.81 billion, a price-to-earnings ratio of 14.33, a PEG ratio of 2.36 and a beta of 0.60. The firm has a 50-day moving average price of $88.72 and a 200 day moving average price of $84.08. The company has a current ratio of 1.28, a quick ratio of 1.18 and a debt-to-equity ratio of 0.87.

Southwest Gas Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be issued a $0.645 dividend. This is a boost from Southwest Gas's previous quarterly dividend of $0.62. The ex-dividend date is Friday, May 15th. This represents a $2.58 annualized dividend and a yield of 2.7%. Southwest Gas's payout ratio is presently 37.75%.

Institutional Investors Weigh In On Southwest Gas

Several institutional investors and hedge funds have recently modified their holdings of SWX. Millennium Management LLC raised its holdings in shares of Southwest Gas by 74.7% during the 1st quarter. Millennium Management LLC now owns 209,934 shares of the utilities provider's stock valued at $15,073,000 after buying an additional 89,761 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Southwest Gas by 14.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 190,852 shares of the utilities provider's stock valued at $13,703,000 after acquiring an additional 24,688 shares in the last quarter. M&T Bank Corp purchased a new stake in shares of Southwest Gas during the second quarter valued at approximately $213,000. Arrowstreet Capital Limited Partnership lifted its position in shares of Southwest Gas by 70.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 36,647 shares of the utilities provider's stock worth $2,726,000 after purchasing an additional 15,127 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in Southwest Gas by 2.6% during the 2nd quarter. Invesco Ltd. now owns 393,080 shares of the utilities provider's stock valued at $29,241,000 after purchasing an additional 10,122 shares in the last quarter. Hedge funds and other institutional investors own 92.77% of the company's stock.

Wall Street Analyst Weigh In

SWX has been the subject of a number of recent analyst reports. Mizuho set a $96.00 price objective on Southwest Gas in a research report on Wednesday, February 11th. Wall Street Zen lowered shares of Southwest Gas from a "hold" rating to a "sell" rating in a research report on Saturday, April 18th. Finally, Citigroup raised shares of Southwest Gas from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $82.00 to $99.00 in a research note on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $88.40.

About Southwest Gas

Southwest Gas Corporation NYSE: SWX is a publicly traded natural gas utility that provides regulated gas distribution services to residential, commercial, industrial and electric generation customers. The company's core activities include the transportation, distribution and sale of natural gas through an extensive network of pipelines, service lines and metering facilities. Southwest Gas also offers related services such as system maintenance, pipeline safety inspections, emergency response and line extensions to support customer growth and ensure reliable gas delivery.

Founded in 1931 in southern Nevada, Southwest Gas has grown through strategic acquisitions and organic expansion to become one of the nation's larger natural gas utilities by customer count.

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