Southwest Gas - SWX Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Southwest Gas in the last year. There are currently 2 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.
View SWX analyst ratings or view top-rated stocks.

3 analysts have issued 12-month price objectives for Southwest Gas' stock. Their SWX share price forecasts range from $65.00 to $100.00. On average, they expect the company's stock price to reach $77.00 in the next year. This suggests a possible upside of 10.7% 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 $70.05 at the beginning of the year. Since then, SWX stock has decreased by 0.7% and is now trading at $69.54.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 7th 2023.
View our SWX earnings forecast.

Southwest Gas Holdings, Inc. (NYSE:SWX) released its earnings results on Wednesday, November, 9th. The utilities provider reported ($0.05) EPS for the quarter, missing the consensus estimate of $0.28 by $0.33. The utilities provider earned $1.13 billion during the quarter, compared to the consensus estimate of $1.09 billion. Southwest Gas had a trailing twelve-month return on equity of 6.51% and a net margin of 3.18%.

Southwest Gas announced a quarterly dividend on Thursday, November 17th. Shareholders of record on Wednesday, February 15th will be paid a dividend of $0.62 per share on Wednesday, March 1st. This represents a $2.48 dividend on an annualized basis and a yield of 3.57%. The ex-dividend date is Tuesday, February 14th.
Read our dividend analysis for SWX.

Southwest Gas (NYSE:SWX) pays an annual dividend of $2.48 per share and currently has a dividend yield of 3.59%. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 101.22%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SWX will have a dividend payout ratio of 58.22% next year. This indicates that the company will be able to sustain or increase its dividend.
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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.90%), Vanguard Group Inc. (10.09%), State Street Corp (3.15%), Nomura Holdings Inc. (2.72%), Alliancebernstein L.P. (2.10%) and Gabelli Funds LLC (1.72%). Insiders that own company stock include Eric Debonis, Jane Lewis-Raymond, John P Hester, Jose Luis Esparza Jr, Justin L Brown, Kenneth J Kenny, Lori L Colvin, Paul M Daily and Robert L Boughner.
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.
Compare Top Brokerages Here.

One share of SWX stock can currently be purchased for approximately $69.54.

Southwest Gas (NYSE:SWX) has a market capitalization of $4.66 billion and generates $3.68 billion in revenue each year. The utilities provider earns $200.78 million in net income (profit) each year or $2.45 on an earnings per share basis.

The company employs 2,286 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.