Southwest Gas (SWX) Expected to Announce Earnings on Wednesday

Key Points

• Southwest Gas is set to announce its Q2 2025 earnings on August 5th, with expectations of $0.43 earnings per share and $1.17 billion in revenue.
• The company plans to pay a quarterly dividend of $0.62 per share on September 2nd, reflecting an annualized yield of 3.19%.
• An increasing number of analysts have upgraded their ratings on Southwest Gas, with the average target price now at $77.25.

Southwest Gas (NYSE:SWX - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.43 per share and revenue of $1.17 billion for the quarter.

Southwest Gas (NYSE:SWX - Get Free Report) last released its quarterly earnings data on Monday, May 12th. The utilities provider reported $1.65 EPS for the quarter, beating the consensus estimate of $1.61 by $0.04. The company had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.50 billion. Southwest Gas had a return on equity of 6.76% and a net margin of 4.66%. The firm's revenue was down 18.0% compared to the same quarter last year. During the same period last year, the company posted $1.37 earnings per share. On average, analysts expect Southwest Gas to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Southwest Gas Stock Down 0.4%

Shares of NYSE:SWX traded down $0.33 during mid-day trading on Friday, hitting $77.81. 423,496 shares of the company traded hands, compared to its average volume of 432,943. The firm's 50 day simple moving average is $74.60 and its 200 day simple moving average is $73.74. The firm has a market cap of $5.60 billion, a P/E ratio of 25.02, a PEG ratio of 2.00 and a beta of 0.48. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.79 and a current ratio of 0.79. Southwest Gas has a 52-week low of $64.31 and a 52-week high of $80.29.

Analyst Upgrades and Downgrades

SWX has been the topic of a number of recent research reports. Jefferies Financial Group raised shares of Southwest Gas from a "hold" rating to a "buy" rating and boosted their target price for the stock from $74.00 to $82.00 in a research report on Tuesday, July 8th. Bank of America raised shares of Southwest Gas from an "underperform" rating to a "neutral" rating and upped their price objective for the company from $69.00 to $74.00 in a research report on Friday, May 23rd. JPMorgan Chase & Co. lowered their target price on Southwest Gas from $79.00 to $75.00 and set a "neutral" rating for the company in a research note on Wednesday, May 28th. LADENBURG THALM/SH SH raised Southwest Gas to a "strong-buy" rating in a report on Friday, May 9th. Finally, Wall Street Zen upgraded Southwest Gas from a "hold" rating to a "buy" rating in a report on Friday, June 27th. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $77.25.

Hedge Funds Weigh In On Southwest Gas

A hedge fund recently raised its stake in Southwest Gas stock. Millennium Management LLC grew its position in shares of Southwest Gas Corporation (NYSE:SWX - Free Report) by 74.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 209,934 shares of the utilities provider's stock after buying an additional 89,761 shares during the period. Millennium Management LLC owned about 0.29% of Southwest Gas worth $15,073,000 as of its most recent SEC filing. 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.