Atmos Energy (ATO) Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Atmos Energy in the last twelve months. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ATO shares.
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9 Wall Street analysts have issued 1-year price targets for Atmos Energy's stock. Their ATO share price forecasts range from $115.00 to $137.00. On average, they anticipate the company's stock price to reach $125.25 in the next twelve months. This suggests a possible upside of 17.6% from the stock's current price.
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Atmos Energy's stock was trading at $112.07 at the start of the year. Since then, ATO shares have decreased by 5.0% and is now trading at $106.46.
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Atmos Energy saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 4,260,000 shares, an increase of 5.2% from the August 15th total of 4,050,000 shares. Based on an average daily volume of 707,800 shares, the days-to-cover ratio is presently 6.0 days.
View Atmos Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our ATO earnings forecast.

Atmos Energy Co. (NYSE:ATO) announced its earnings results on Thursday, August, 3rd. The utilities provider reported $0.94 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.97 by $0.03. The utilities provider had revenue of $662.73 million for the quarter, compared to the consensus estimate of $959.54 million. Atmos Energy had a net margin of 19.02% and a trailing twelve-month return on equity of 8.38%. The firm's quarterly revenue was down 18.8% on a year-over-year basis. During the same quarter last year, the company earned $0.92 EPS.
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Atmos Energy announced a quarterly dividend on Wednesday, August 2nd. Investors of record on Monday, August 21st will be given a dividend of $0.74 per share on Tuesday, September 5th. This represents a $2.96 annualized dividend and a dividend yield of 2.78%. The ex-dividend date of this dividend is Friday, August 18th.
Read our dividend analysis for ATO.

ETFs with the largest weight of Atmos Energy (NYSE:ATO) stock in their portfolio include Virtus Reaves Utilities ETF (UTES), Tortoise North American Pipeline Fund (TPYP), First Trust EIP Carbon Impact ETF (ECLN), Invesco Dorsey Wright Utilities Momentum ETF (PUI), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), Invesco S&P 500 Equal Weight Utilities ETF (RYU), American CenturyFocused Large Cap Value ETF (FLV) and First Trust Utilities AlphaDEX Fund (FXU).

Atmos Energy (NYSE:ATO) pays an annual dividend of $2.96 per share and currently has a dividend yield of 2.68%. The company has been increasing its dividend for 39 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 50.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ATO will have a dividend payout ratio of 45.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ATO.

Atmos Energy updated its FY 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of $6.00-$6.10 for the period, compared to the consensus earnings per share estimate of $6.06. The company issued revenue guidance of -.

70 employees have rated Atmos Energy Chief Executive Officer Kim R. Cocklin on Glassdoor.com. Kim R. Cocklin has an approval rating of 91% among the company's employees. This puts Kim R. Cocklin in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Atmos Energy investors own include Johnson & Johnson (JNJ), AT&T (T), Procter & Gamble (PG), Chevron (CVX), Abbott Laboratories (ABT), Cisco Systems (CSCO), AbbVie (ABBV), Pfizer (PFE), Walmart (WMT) and McDonald's (MCD).

Atmos Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATO."

Atmos Energy's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.12%), State Street Corp (7.18%), Aristotle Capital Management LLC (6.15%), Geode Capital Management LLC (2.16%), Bank Julius Baer & Co. Ltd Zurich (1.08%) and Northern Trust Corp (1.03%). Insiders that own company stock include Christopher T Forsythe, Diana J Walters, J Matt Robbins, Kim R Cocklin, Richard A Sampson and Richard M Thomas.
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Shares of ATO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ATO stock can currently be purchased for approximately $106.46.

Atmos Energy (NYSE:ATO) has a market capitalization of $15.81 billion and generates $4.20 billion in revenue each year. The utilities provider earns $774.40 million in net income (profit) each year or $5.84 on an earnings per share basis.

The company employs 4,791 workers across the globe.

Atmos Energy's mailing address is THREE LINCOLN CENTRE SUITE 1800 5430 LBJ FREEWAY, DALLAS TX, 75240. The official website for the company is www.atmosenergy.com. The utilities provider can be reached via phone at (972) 934-9227, via email at investorrelations@atmosenergy.com, or via fax at 972-855-3040.