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 Wall Street research analysts have issued twelve-month price objectives for Atmos Energy's shares. Their ATO share price forecasts range from $113.00 to $132.00. On average, they expect the company's share price to reach $122.00 in the next year. This suggests a possible upside of 5.1% from the stock's current price.
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Atmos Energy's stock was trading at $112.07 at the beginning of the year. Since then, ATO stock has increased by 3.5% and is now trading at $116.04.
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Atmos Energy saw a decrease in short interest in the month of December. As of December 30th, there was short interest totaling 7,350,000 shares, a decrease of 8.9% from the December 15th total of 8,070,000 shares. Based on an average daily trading volume, of 912,600 shares, the days-to-cover ratio is presently 8.1 days.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
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Atmos Energy will be holding an earnings conference call on Wednesday, February 8th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Atmos Energy Co. (NYSE:ATO) announced its earnings results on Wednesday, November, 9th. The utilities provider reported $0.51 earnings per share for the quarter, topping analysts' consensus estimates of $0.45 by $0.06. The utilities provider earned $722.70 million during the quarter, compared to analyst estimates of $659.68 million. Atmos Energy had a trailing twelve-month return on equity of 8.61% and a net margin of 18.43%. The firm's revenue was up 27.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.37 earnings per share.

Atmos Energy announced a quarterly dividend on Wednesday, November 9th. Investors of record on Monday, November 28th will be paid a dividend of $0.74 per share on Monday, December 12th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date of this dividend is Friday, November 25th. This is an increase from the stock's previous quarterly dividend of $0.68.
Read our dividend analysis for ATO.

Atmos Energy (NYSE:ATO) pays an annual dividend of $2.96 per share and currently has a dividend yield of 2.49%. 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 52.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ATO will have a dividend payout ratio of 46.18% 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 Friday, December, 9th. The company provided earnings per share (EPS) guidance of $5.90-$6.10 for the period, compared to the consensus earnings per share estimate of $5.95. 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 many different institutional and retail investors. Top institutional investors include ProShare Advisors LLC (1.16%), Pendal Group Ltd (0.85%), Sfmg LLC (0.83%), Sumitomo Mitsui Trust Holdings Inc. (0.38%), Dearborn Partners LLC (0.27%) and M&G Investment Management Ltd. (0.26%). Insiders that own company stock include Christopher T Forsythe, Frank H Yoho, J Matt Robbins, Richard A Sampson, 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 $116.04.

Atmos Energy (NYSE:ATO) has a market capitalization of $16.36 billion and generates $4.20 billion in revenue each year. The utilities provider earns $774.40 million in net income (profit) each year or $5.66 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.