Southwest Gas (SWX) Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Southwest Gas in the last twelve months. There are currently 1 sell rating and 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" SWX shares.
View SWX analyst ratings or view top-rated stocks.

4 Wall Street analysts have issued 1 year target prices for Southwest Gas' shares. Their SWX share price forecasts range from $63.00 to $95.00. On average, they expect the company's stock price to reach $72.40 in the next twelve months. This suggests a possible upside of 16.1% 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 2023. Since then, SWX shares have increased by 0.8% and is now trading at $62.36.
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Southwest Gas saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 2,180,000 shares, a drop of 28.8% from the August 15th total of 3,060,000 shares. Based on an average trading volume of 416,100 shares, the short-interest ratio is currently 5.2 days.
View Southwest Gas' Short Interest.

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

Southwest Gas Holdings, Inc. (NYSE:SWX) released its quarterly earnings results on Wednesday, August, 9th. The utilities provider reported $0.47 EPS for the quarter, topping analysts' consensus estimates of $0.39 by $0.08. The utilities provider had revenue of $1.29 billion for the quarter, compared to analysts' expectations of $1.12 billion. Southwest Gas had a positive trailing twelve-month return on equity of 6.89% and a negative net margin of 4.01%.

Southwest Gas announced a quarterly dividend on Wednesday, September 20th. Investors of record on Wednesday, November 15th will be paid a dividend of $0.62 per share on Friday, December 1st. This represents a $2.48 annualized dividend and a yield of 3.98%. The ex-dividend date is Tuesday, November 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), Inspire Faithward Mid Cap Momentum ETF (GLRY), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), VanEck Green Infrastructure ETF (RNEW), Tortoise North American Pipeline Fund (TPYP), Invesco S&P MidCap Low Volatility ETF (XMLV), ProShares Russell 2000 Dividend Growers ETF (SMDV) and Burney U.S. Factor Rotation ETF (BRNY).

Southwest Gas (NYSE:SWX) pays an annual dividend of $2.48 per share and currently has a dividend yield of 3.98%. 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), RTX (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 a variety of institutional and retail investors. Top institutional investors include Icahn Carl C (15.17%), BlackRock Inc. (13.57%), State Street Corp (3.12%), Geode Capital Management LLC (1.89%), Gabelli Funds LLC (1.74%) and Bank of New York Mellon Corp (1.68%). 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.
View institutional ownership trends.

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 $62.36.

Southwest Gas (NYSE:SWX) has a market capitalization of $4.46 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 ($3.29) 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.