Atmos Energy (ATO) Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Atmos Energy in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ATO shares.
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8 brokers have issued 1-year target prices for Atmos Energy's stock. Their ATO share price forecasts range from $115.00 to $137.00. On average, they expect the company's share price to reach $124.71 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price.
View analysts price targets for ATO or view top-rated stocks among Wall Street analysts.

Atmos Energy's stock was trading at $112.07 on January 1st, 2023. Since then, ATO stock has increased by 4.7% and is now trading at $117.30.
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Atmos Energy saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 5,870,000 shares, a drop of 6.4% from the April 30th total of 6,270,000 shares. Based on an average trading volume of 859,000 shares, the days-to-cover ratio is presently 6.8 days.
View Atmos Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our ATO earnings forecast.

Atmos Energy Co. (NYSE:ATO) issued its earnings results on Thursday, May, 4th. The utilities provider reported $2.48 EPS for the quarter, beating the consensus estimate of $2.47 by $0.01. The utilities provider had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.73 billion. Atmos Energy had a trailing twelve-month return on equity of 8.57% and a net margin of 18.18%. Atmos Energy's revenue for the quarter was down 6.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.37 earnings per share.
Read the conference call transcript.

Atmos Energy declared a quarterly dividend on Wednesday, May 3rd. Stockholders of record on Monday, May 22nd will be given a dividend of $0.74 per share on Monday, June 5th. This represents a $2.96 annualized dividend and a yield of 2.52%. The ex-dividend date is Friday, May 19th.
Read our dividend analysis for ATO.

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

Atmos Energy (NYSE:ATO) pays an annual dividend of $2.96 per share and currently has a dividend yield of 2.53%. 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 50.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ATO will have a dividend payout ratio of 46.11% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ATO.

Atmos Energy issued an update on its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided EPS guidance of $6.00-$6.10 for the period, compared to the consensus estimate of $6.02. 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. (9.45%), State Street Corp (7.34%), Aristotle Capital Management LLC (6.42%), Wellington Management Group LLP (6.08%), Deutsche Bank AG (2.91%) and American Century Companies Inc. (2.45%). Insiders that own company stock include Christopher T Forsythe, Diana J Walters, Frank H Yoho, J Matt Robbins, Kim R Cocklin, Richard A Sampson, Richard A Sampson and Richard M Thomas.
View institutional ownership trends.

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 $117.30.

Atmos Energy (NYSE:ATO) has a market capitalization of $16.95 billion and generates $4.20 billion in revenue each year. The utilities provider earns $774.40 million in net income (profit) each year or $5.82 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.