NYSE:SWXSouthwest Gas Stock Price, Forecast & News

Southwest Gas' stock was trading at $61.93 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SWX stock has increased by 23.2% and is now trading at $76.29. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southwest Gas in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Southwest Gas.

Southwest Gas is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Southwest Gas.

Southwest Gas Holdings Inc (NYSE:SWX) posted its quarterly earnings results on Thursday, May, 7th. The utilities provider reported $1.31 earnings per share for the quarter, missing analysts' consensus estimates of $1.53 by $0.22. The utilities provider had revenue of $836.32 million for the quarter, compared to analysts' expectations of $538.75 million. Southwest Gas had a return on equity of 8.37% and a net margin of 6.14%. The company's revenue was up .3% on a year-over-year basis. During the same period in the prior year, the business posted $1.77 earnings per share. View Southwest Gas' earnings history.

Southwest Gas declared a quarterly dividend on Friday, May 8th. Shareholders of record on Monday, August 17th will be given a dividend of $0.57 per share on Tuesday, September 1st. This represents a $2.28 annualized dividend and a dividend yield of 2.99%. The ex-dividend date of this dividend is Friday, August 14th. View Southwest Gas' dividend history.

Southwest Gas updated its FY20 earnings guidance on Thursday, May, 7th. The company provided EPS guidance of $3.75-4.00 for the period, compared to the Thomson Reuters consensus estimate of $3.87.

6 equities research analysts have issued 1-year target prices for Southwest Gas' stock. Their forecasts range from $72.00 to $96.00. On average, they anticipate Southwest Gas' share price to reach $81.50 in the next twelve months. This suggests a possible upside of 6.8% from the stock's current price. View analysts' price targets for Southwest Gas.

Headlines about SWX stock have been trending extremely negative on Wednesday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Southwest Gas earned a media sentiment score of -4.0 on InfoTrie's scale. They also gave press coverage about the utilities provider a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the immediate future. View the latest news aboutSouthwest Gas.

Some companies that are related to Southwest Gas include ONEOK (OKE), Atmos Energy (ATO), UGI (UGI), National Fuel Gas (NFG), New Jersey Resources (NJR), South Jersey Industries (SJI), Northwest Natural (NWN) and Chesapeake Utilities (CPK). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Southwest Gas investors own include Honeywell International (HON), Home Depot (HD), Verizon Communications (VZ), Cisco Systems (CSCO), Procter & Gamble (PG), Thermo Fisher Scientific (TMO), CVS Health (CVS), AT&T (T), Alibaba Group (BABA) and Altria Group (MO).

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

Southwest Gas' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (13.80%), State Street Corp (3.27%), Invesco Ltd. (2.66%), Janus Henderson Group PLC (2.51%), Gabelli Funds LLC (2.08%) and Franklin Resources Inc. (1.82%). Company insiders that own Southwest Gas stock include Eric Debonis, Jane Lewis-Raymond, John P Hester, Justin L Brown, Kenneth J Kenny, Paul M Daily, Robert L Boughner and Thomas E Chestnut. View institutional ownership trends for Southwest Gas.

SWX stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, APG Asset Management N.V., APG Asset Management N.V., Nuveen Asset Management LLC, Bank of New York Mellon Corp, AQR Capital Management LLC, and Principal Financial Group Inc.. Company insiders that have sold Southwest Gas company stock in the last year include Eric Debonis, John P Hester, and Kenneth J Kenny. View insider buying and selling activity for Southwest Gas.

SWX stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Fuller & Thaler Asset Management Inc., Invesco Ltd., Franklin Resources Inc., Rothschild & Co. Asset Management US Inc., BlackRock Inc., OLD Republic International Corp, and Cramer Rosenthal Mcglynn LLC. Company insiders that have bought Southwest Gas stock in the last two years include Eric Debonis, Jane Lewis-Raymond, John P Hester, Justin L Brown, Paul M Daily, and Robert L Boughner. View insider buying and selling activity for Southwest Gas.

Shares of SWX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of SWX stock can currently be purchased for approximately $76.29.

Southwest Gas has a market capitalization of $4.21 billion and generates $3.12 billion in revenue each year. The utilities provider earns $213.94 million in net income (profit) each year or $3.94 on an earnings per share basis. Southwest Gas employs 2,295 workers across the globe.

The official website for Southwest Gas is www.swgasholdings.com.

Southwest Gas' mailing address is 5241 SPRING MOUNTAIN ROAD PO BOX 98510, LAS VEGAS NV, 89193. The utilities provider can be reached via phone at 702-876-7237.