Southwest Gas (SWX) Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Southwest Gas in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SWX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SWX, but not buy additional shares or sell existing shares.
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5 Wall Street research analysts have issued 1 year target prices for Southwest Gas' stock. Their SWX share price forecasts range from $63.00 to $100.00. On average, they anticipate the company's share price to reach $77.00 in the next twelve months. This suggests a possible upside of 26.4% from the stock's current price.
View analysts price targets for SWX or view top-rated stocks among Wall Street analysts.

Southwest Gas' stock was trading at $61.88 at the beginning of the year. Since then, SWX shares have decreased by 1.5% and is now trading at $60.93.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our SWX earnings forecast.

Southwest Gas Holdings, Inc. (NYSE:SWX) released its quarterly earnings results on Tuesday, November, 9th. The utilities provider reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.12. The utilities provider had revenue of $888.70 million for the quarter, compared to analyst estimates of $814.82 million. Southwest Gas had a negative net margin of 4.79% and a positive trailing twelve-month return on equity of 6.24%. During the same quarter in the previous year, the business posted $0.32 EPS.

Southwest Gas announced a quarterly dividend on Wednesday, May 3rd. Investors of record on Tuesday, August 15th will be paid a dividend of $0.62 per share on Friday, September 1st. This represents a $2.48 dividend on an annualized basis and a yield of 4.07%. The ex-dividend date of this dividend is Monday, August 14th.
Read our dividend analysis for SWX.

ETFs with the largest weight of Southwest Gas (NYSE:SWX) stock in their portfolio include LeaderShares Activist Leaders ETF (ACTV), Invesco Dynamic Building & Construction ETF (PKB), Inspire Faithward Mid Cap Momentum ETF (GLRY), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Ecofin U.S. Renewables Infrastructure Trust (RNEW), Tortoise North American Pipeline Fund (TPYP), Burney U.S. Factor Rotation ETF (BRNY) and ProShares Russell 2000 Dividend Growers ETF (SMDV).

Southwest Gas (NYSE:SWX) pays an annual dividend of $2.48 per share and currently has a dividend yield of 4.14%. SWX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for SWX.

13 employees have rated Southwest Gas Chief Executive Officer John P. Hester on Glassdoor.com. John P. Hester has an approval rating of 68% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Southwest Gas investors own include Johnson & Johnson (JNJ), Procter & Gamble (PG), Verizon Communications (VZ), Cisco Systems (CSCO), AT&T (T), Home Depot (HD), Pfizer (PFE), Raytheon Technologies (RTX) and Walmart (WMT).

Southwest Gas trades on the New York Stock Exchange (NYSE) under the ticker symbol "SWX."

Southwest Gas' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (15.05%), State Street Corp (3.19%), Geode Capital Management LLC (1.86%), Channing Capital Management LLC (1.97%), Bank of New York Mellon Corp (1.80%) and Principal Financial Group Inc. (1.80%). Insiders that own company stock include Carl C Icahn, Eric Debonis, Jose Luis Esparza Jr, Justin L Brown, Lori L Colvin and Paul M Daily.
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Shares of SWX 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 SWX stock can currently be purchased for approximately $60.93.

Southwest Gas (NYSE:SWX) has a market capitalization of $4.35 billion and generates $4.96 billion in revenue each year. The utilities provider earns $-203,290,000.00 in net income (profit) each year or ($3.79) on an earnings per share basis.

The company employs 2,351 workers across the globe.

Southwest Gas' mailing address is 5241 SPRING MOUNTAIN ROAD PO BOX 98510, LAS VEGAS NV, 89193. The official website for the company is www.swgasholdings.com. The utilities provider can be reached via phone at (702) 876-7237, via email at ken.kenny@swgas.com, or via fax at 702-876-7037.