Southwest Gas - SWX Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Southwest Gas in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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.
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3 Wall Street research analysts have issued 12-month target prices for Southwest Gas' shares. Their SWX share price forecasts range from $65.00 to $100.00. On average, they predict the company's share price to reach $79.33 in the next twelve months. This suggests a possible upside of 19.3% from the stock's current price.
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Southwest Gas' stock was trading at $61.88 on January 1st, 2023. Since then, SWX shares have increased by 7.5% and is now trading at $66.52.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 7th 2023.
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Southwest Gas Holdings, Inc. (NYSE:SWX) issued its quarterly earnings results on Wednesday, November, 9th. The utilities provider reported ($0.05) earnings per share (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 net margin of 3.18% and a trailing twelve-month return on equity of 6.51%.

Southwest Gas declared 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 annualized dividend and a yield of 3.73%. 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 3.70%. The company has been increasing its dividend for 16 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 60.49% 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 River Road Asset Management LLC (1.27%), ProShare Advisors LLC (0.93%), Vaughan Nelson Investment Management L.P. (0.77%), Peregrine Capital Management LLC (0.25%), Natixis Advisors L.P. (0.12%) and Hennessy Advisors Inc. (0.11%). Insiders that own company stock include Eric Debonis, Jane Lewis-Raymond, John P Hester, Jose Luis Esparza Jr, Justin L Brown, Lori L Colvin, Paul M Daily and Robert L Boughner.
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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 $66.52.

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