NYSE:SWX

Southwest Gas (SWX) Stock Forecast, Price & News

$60.41

+0.61 (+1.02%)

(As of 09/29/2023 ET)

Compare

Today's Range: $60.14
▼
$61.58
50-Day Range: $59.76
▼
$67.43
52-Week Range: $53.79
▼
$74.44

Volume: 473,284 shs
Average Volume: 511,821 shs
Market Capitalization: $4.32 billion

P/E Ratio: N/A
Dividend Yield: 4.11%
Price Target: $72.40

Southwest Gas MarketRank™ Forecast

Analyst Rating: Reduce
1.75 Rating Score
Upside/Downside: 19.8% Upside
$72.40 Price Target
Short Interest: Healthy
2.74% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -8.87
Upright™ Environmental Score
News Sentiment: 1.02
Based on 15 Articles This Week
Insider Trading: Acquiring Shares
$6.94 M Bought Last Quarter
Proj. Earnings Growth: -6.80%
From $3.38 to $3.15 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.94 out of 5 stars

Utilities Sector

73rd out of 88 stocks

Gas Transmission & Distribution Industry

3rd out of 6 stocks

1.9

Analyst's Opinion

Consensus Rating
Southwest Gas has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on no buy ratings, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $72.40, Southwest Gas has a forecasted upside of 19.8% from its current price of $60.41.
Amount of Analyst Coverage
Southwest Gas has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.74% of the outstanding shares of Southwest Gas have been sold short.
Short Interest Ratio / Days to Cover
Southwest Gas has a short interest ratio ("days to cover") of 4.6.
Change versus previous month
Short interest in Southwest Gas has recently decreased by 10.09%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Leadership
Southwest Gas is a leading dividend payer. It pays a dividend yield of 4.11%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Southwest Gas has been increasing its dividend for 16 years.
Dividend Sustainability
Based on EPS estimates, Southwest Gas will have a dividend payout ratio of 78.73% in the coming year. This indicates that Southwest Gas may not be able to sustain their current dividend.

0.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Southwest Gas has received a -83.64% net impact score from Upright. The largest negative impact of Southwest Gas in category "GHG emissions" seems to be driven mostly by its "Natural gas distribution services", "Natural gas pipes", and "Natural gas trade" products. See details.
Environmental Sustainability
The Environmental Impact score for Southwest Gas is -8.87.

2.8

News and Social Media Coverage

News Sentiment
Southwest Gas has a news sentiment score of 1.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 15 news articles for Southwest Gas this week, compared to 4 articles on an average week.
MarketBeat Follows
Only 2 people have added Southwest Gas to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Southwest Gas insiders have bought more of their company's stock than they have sold. Specifically, they have bought $6,943,362.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.32% of the stock of Southwest Gas is held by insiders.
Percentage Held by Institutions
90.98% of the stock of Southwest Gas is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Southwest Gas are expected to decrease by -6.80% in the coming year, from $3.38 to $3.15 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Southwest Gas is -18.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Southwest Gas is -18.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Southwest Gas has a PEG Ratio of 3.58. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Southwest Gas has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Southwest Gas (NYSE:SWX) Stock

Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. It operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. The company also provides trenching, installation, and replacement of underground pipes, as well as maintenance services for energy distribution systems. As of December 31, 2022, it had 2,197,000 residential, commercial, industrial, and other natural gas customers. The company was incorporated in 1931 and is headquartered in Las Vegas, Nevada.

SWX Price History

30 days | 90 days | 365 days | Advanced Chart

SWX Stock News Headlines

October 1, 2023 | americanbankingnews.com

Carl C. Icahn Acquires 1,400 Shares of Southwest Gas Holdings, Inc. (NYSE:SWX) Stock

September 29, 2023 | benzinga.com

10% Owner At This Utilities Company Buys $367K of Stock

October 1, 2023 | Chaikin Analytics (Ad)

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September 29, 2023 | finance.yahoo.com

Is Southwest Gas Holdings (SWX) Too Good to Be True? A Comprehensive Analysis of a Potential ...

September 27, 2023 | americanbankingnews.com

Southwest Gas (NYSE:SWX) Lowered to Sell at StockNews.com

September 26, 2023 | benzinga.com

2.74M Reasons To Be Bullish On Southwest Gas Hldgs Stock

September 26, 2023 | americanbankingnews.com

Southwest Gas Holdings, Inc. (NYSE:SWX) Major Shareholder Carl C. Icahn Buys 600 Shares

September 26, 2023 | americanbankingnews.com

Southwest Gas Holdings, Inc. (NYSE:SWX) Major Shareholder Carl C. Icahn Acquires 27,466 Shares

October 1, 2023 | Chaikin Analytics (Ad)

Buy This Stock for AI Tidal Wave (not NVDA)

The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.

September 26, 2023 | americanbankingnews.com

Carl C. Icahn Purchases 27,466 Shares of Southwest Gas Holdings, Inc. (NYSE:SWX) Stock

September 23, 2023 | markets.businessinsider.com

Southwest Gas : Centuri Confidentially Submits Draft Registration Statement For Proposed IPO

September 22, 2023 | finance.yahoo.com

Southwest Gas Holdings Announces That Centuri Has Confidentially Submitted Draft Registration Statement for Proposed Initial Public Offering

September 20, 2023 | finance.yahoo.com

Southwest Gas Holdings Declares Fourth Quarter 2023 Dividend

September 13, 2023 | finance.yahoo.com

10% Owner Carl Icahn Buys 127,731 Shares of Southwest Gas Holdings Inc

September 13, 2023 | benzinga.com

Southwest Gas Hldgs Insider Trades Send a Signal

September 12, 2023 | msn.com

Southwest Gas Holdings: Should Handle Weakening Consumers, But Valuation High

September 8, 2023 | finance.yahoo.com

Southwest Gas (SWX) Down 8.1% Since Last Earnings Report: Can It Rebound?

September 6, 2023 | finance.yahoo.com

Southwest Gas (SWX) Rides on Investments, Expanding Customer Base

August 15, 2023 | finance.yahoo.com

Keeley-Teton Advisors, LLC: Q2 2023 13F Filing Analysis

August 10, 2023 | finance.yahoo.com

Q2 2023 Southwest Gas Holdings Inc Earnings Call

August 9, 2023 | nasdaq.com

Southwest Gas Q2 Results Top Estimates

August 9, 2023 | finance.yahoo.com

Southwest Gas (SWX) Q2 Earnings and Revenues Beat Estimates

August 9, 2023 | finance.yahoo.com

Southwest Gas (SWX) Q2 Earnings & Revenues Outpace Estimates

August 9, 2023 | seekingalpha.com

Southwest Gas Holdings, Inc. 2023 Q2 - Results - Earnings Call Presentation

August 9, 2023 | finance.yahoo.com

Southwest Gas Holdings, Inc. to Report Second Quarter 2023 Results on August 9, 2023

August 9, 2023 | finance.yahoo.com

Southwest Gas Holdings, Inc. Reports Second Quarter 2023 Financial Results

August 4, 2023 | finance.yahoo.com

Telephone & Data Systems (TDS) Reports Q2 Loss, Misses Revenue Estimates

See More Headlines

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SWX Company Calendar

Last Earnings: 8/09/2023
Ex-Dividend for 9/1 Dividend: 8/14/2023
Dividend Payable: 9/01/2023
Today: 10/01/2023
Next Earnings (Estimated): 11/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Gas transmission & distribution
Sub-Industry: Gas Utilities
Sector: Utilities
Current Symbol: NYSE:SWX
CUSIP: 84489510
CIK: 92416
Web: www.swgasholdings.com
Phone: (702) 876-7237
Fax: 702-876-7037
Employees: 2,351
Year Founded: 1931

Price Target and Rating

Average Stock Price Forecast: $72.40
High Stock Price Forecast: $95.00
Low Stock Price Forecast: $63.00
Forecasted Upside/Downside: +19.8%
Consensus Rating: Reduce
Rating Score (0-4): 1.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.29)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 17.87
P/E Growth: 3.58
Net Income: $-203,290,000.00
Net Margins: -4.01%
Pretax Margin: -5.01%
Return on Equity: 6.89%
Return on Assets: 1.79%

Debt

Debt-to-Equity Ratio: 1.62
Current Ratio: 2.12
Quick Ratio: 2.12

Sales & Book Value

Annual Sales: $4.96 billion
Price / Sales: 0.87
Cash Flow: $9.95 per share
Price / Cash Flow: 6.07
Book Value: $45.61 per share
Price / Book: 1.32

Miscellaneous

Outstanding Shares: 71,480,000
Free Float: 71,248,000
Market Cap: $4.32 billion
Optionable: Optionable
Beta: 0.30

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Key Executives

Ms. Karen S. Haller (Age 59)
Pres, CEO & Director
Comp: $1.29M

Mr. Robert J. Stefani (Age 49)
Sr. VP & CFO
Comp: $689.53k

Mr. Justin L. Brown (Age 50)
Sr. VP & Gen. Counsel of Southwest Gas Corp.
Comp: $841.37k

Mr. Paul M. Daily (Age 66)
Pres & CEO of Centuri Group, Inc.
Comp: $953.09k

Ms. Lori L. Colvin (Age 55)
VP, Chief Accounting Officer & Controller

Justin S. Forsberg
VP of Investor Relations

Mr. Thomas E. Moran (Age 58)
VP, Gen. Counsel & Corp. Sec.

Mr. Kenneth J. Kenny (Age 60)
VP of Fin. & Treasurer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SWX Stock - Frequently Asked Questions

Should I buy or sell Southwest Gas stock right now?: 4 Wall Street 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 research analysts is that investors should "reduce" SWX shares.
View SWX analyst ratings or view top-rated stocks.
What is Southwest Gas' stock price forecast for 2023?: 4 equities research analysts have issued 12-month price objectives for Southwest Gas' stock. 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 year. This suggests a possible upside of 19.8% from the stock's current price.
View analysts price targets for SWX or view top-rated stocks among Wall Street analysts.
How have SWX shares performed in 2023?: Southwest Gas' stock was trading at $61.88 at the beginning of 2023. Since then, SWX stock has decreased by 2.4% and is now trading at $60.41.
View the best growth stocks for 2023 here.
Are investors shorting Southwest Gas?: Southwest Gas saw a drop in short interest during 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 presently 5.2 days.
View Southwest Gas' Short Interest.
When is Southwest Gas' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our SWX earnings forecast.
How were Southwest Gas' earnings last quarter?: Southwest Gas Holdings, Inc. (NYSE:SWX) issued its quarterly earnings data on Wednesday, August, 9th. The utilities provider reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.08. The utilities provider earned $1.29 billion during the quarter, compared to analysts' expectations of $1.12 billion. Southwest Gas had a negative net margin of 4.01% and a positive trailing twelve-month return on equity of 6.89%.
How often does Southwest Gas pay dividends? What is the dividend yield for Southwest Gas?: Southwest Gas declared a quarterly dividend on Wednesday, September 20th. Stockholders 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 4.11%. The ex-dividend date is Tuesday, November 14th.
Read our dividend analysis for SWX.
What ETFs hold Southwest Gas' stock?: 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).

Is Southwest Gas a good dividend stock?: Southwest Gas (NYSE:SWX) pays an annual dividend of $2.48 per share and currently has a dividend yield of 4.11%. 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.
What is John P. Hester's approval rating as Southwest Gas' CEO?: 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.
What other stocks do shareholders of Southwest Gas own?: 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).
What is Southwest Gas' stock symbol?: Southwest Gas trades on the New York Stock Exchange (NYSE) under the ticker symbol "SWX."
How do I buy shares of Southwest Gas?: 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.
Compare Top Brokerages Here.
What is Southwest Gas' stock price today?: One share of SWX stock can currently be purchased for approximately $60.41.
How much money does Southwest Gas make?: Southwest Gas (NYSE:SWX) has a market capitalization of $4.32 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.
How many employees does Southwest Gas have?: The company employs 2,351 workers across the globe.
Does Southwest Gas have any subsidiaries?: The following companies are subsidiares of Southwest Gas: CVTech Holding Inc., Canyon Pipeline Construction Inc., Canyon Special Projects LLC, Canyon Traffic Control LLC, Carson Water Company, Centuri Canada Division Inc., Centuri Group Inc., Centuri Oil & Gas Group LLC, Centuri Power Group LLC, Centuri Services Group LLC, Centuri U.S. Division Inc., Dominion Energy Overthrust Pipeline LLC, Dominion Energy Questar Pipeline LLC, Dominion Energy Questar Pipeline Services Inc., Drum Parent LLC, Electric T&D Division LLC, Electric T&D Holdings LLC, Great Basin Gas Transmission Company, Intellichoice Energy LLC, Intellichoice Energy of California LLC, Linetec Services LLC, Meritus Electric T&D Division LLC, Meritus Oil & Gas Division LLC, Meritus Services Division LLC, MountainWest Pipelines Holding Company, NAPEC Inc., NPL Canada Ltd., NPL Construction Co., NPL East LLC, NPL Great Lakes LLC, NPL Mid-America LLC, NPL West LLC, National Barricade LLC, National Powerline LLC, Neuco Equipment LLC, New England Utility Constructors Inc., Oil & Gas Division LLC, QPC Holding Company LLC, Questar Energy Services Inc., Questar Field Services LLC, Questar Southern Trails Pipeline Company, Questar White River Hub LLC, Riggs Distler & Company Inc., Services Division LLC, Shelby Mechanical LLC, Shelby Plumbing LLC, Southwest Administrators Inc., Southwest Gas Corporation, Southwest Gas Holdings Inc., Southwest Gas Transmission Company, Southwest Gas Utility Group Inc., The Southwest Companies, Utility Financial Corp., VRO Construction Partners 1 LLC, W.S. Nicholls Construction Inc., W.S. Nicholls Western Construction Ltd., White River Hub LLC, and and Utility Financial Corp..
Read More
How can I contact Southwest Gas?: 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.

This page (NYSE:SWX) was last updated on 10/1/2023 by MarketBeat.com Staff

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Southwest Gas (SWX) Stock Forecast, Price & News

Southwest Gas MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Southwest Gas (NYSE:SWX) Stock

SWX Price History

SWX Stock News Headlines

SWX Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

SWX Stock - Frequently Asked Questions

Overall MarketRank^™