NYSE:SWXSouthwest Gas Stock Price, Forecast & News

Southwest Gas' stock was trading at $61.93 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SWX stock has increased by 22.6% and is now trading at $75.95. 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) issued 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 earned $836.32 million during the quarter, compared to analyst estimates of $538.75 million. Southwest Gas had a return on equity of 8.37% and a net margin of 6.14%. The firm's revenue was up .3% compared to the same quarter last year. During the same period in the previous year, the company 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 dividend on an annualized basis and a yield of 3.00%. The ex-dividend date is Friday, August 14th. View Southwest Gas' dividend history.

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

6 brokerages have issued twelve-month target prices for Southwest Gas' stock. Their forecasts range from $72.00 to $96.00. On average, they anticipate Southwest Gas' stock price to reach $81.50 in the next year. This suggests a possible upside of 7.3% from the stock's current price. View analysts' price targets for Southwest Gas.

Media stories about SWX stock have trended somewhat negative this week, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by analyzing 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 five, with scores nearest to five being the most favorable. Southwest Gas earned a news impact score of -1.4 on InfoTrie's scale. They also gave news stories about the utilities provider a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the stock'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 shareholders 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 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 $75.95.

Southwest Gas has a market capitalization of $4.19 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.