Southwest Gas Holdings, Inc. (SWX)

NYSE: SWX · IEX Real-Time Price · USD
77.38
+2.48 (3.31%)
Aug 12, 2022 4:00 PM EDT - Market closed
3.31%
Market Cap 5.19B
Revenue (ttm) 4.39B
Net Income (ttm) 147.97M
Shares Out 67.01M
EPS (ttm) 2.93
PE Ratio 26.41
Forward PE 16.78
Dividend $2.43 (3.14%)
Ex-Dividend Date Aug 12, 2022
Volume 759,981
Open 75.50
Previous Close 74.90
Day's Range 75.50 - 77.61
52-Week Range 62.58 - 95.62
Beta 0.13
Analysts Buy
Price Target 100.47 (+29.8%)
Earnings Date Aug 9, 2022

About SWX

Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. The company operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. It also provides trenching, installation, and replacement of underground pipes, as well as maintenance services for energy distribution systems. As of December 31, 2021, it had 2,159,000 residential, commercial, industrial, and other natural gas customers. Southwest Gas Holdings, Inc. was incorp... [Read more...]

Industry Gas Utilities
Founded 1931
Employees 12,720
Stock Exchange NYSE
Ticker Symbol SWX
Full Company Profile

Financial Performance

In 2021, SWX's revenue was $3.68 billion, an increase of 11.57% compared to the previous year's $3.30 billion. Earnings were $200.78 million, a decrease of -13.58%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for SWX stock is "Buy." The 12-month stock price forecast is 100.47, which is an increase of 29.84% from the latest price.

Price Target
$100.47
(29.84% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Southwest Gas (SWX) Q2 Earnings Miss, Revenues Beat Estimates

Southwest Gas' (SWX) second-quarter earnings miss estimates. Southwest Gas updates its capital expenditure guidance range for 2022.

Southwest Gas (SWX) Lags Q2 Earnings Estimates

Southwest Gas (SWX) delivered earnings and revenue surprises of -56.60% and 13.41%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Southwest Gas Holdings, Inc. Reports Second Quarter 2022 Financial Results

Record Twelve-Month Natural Gas Distribution Margin and Utility Infrastructure Revenues 2022 Guidance Update Reflects Near-Term Macroeconomic Pressures and Increased Operating Expenses Optimizing Southw...

7 Undervalued Income Stocks to Buy for Safety

With tough times come tough measures, which helps to explain why a number of companies have initiated job cuts. However, organizations that already pay their shareholders dividends are reluctant to cut ...

Other symbols: CLXEMNLAMRMANPSXSMG

UGI Earnings Miss Estimates and Revenues Rise Y/Y in Q3

UGI's fiscal third-quarter earnings are lower than expected. UGI expects its long-term earnings per share to expand in the range of 6-10%.

Other symbols: DHEUGI

Southwest Gas stock sinks after decision to not sell the company

Shares of Southwest Gas Holdings Inc. SWX, -0.81% sank 8.4% in premarket trading Wednesday, after the Nevada-based gas and electric utility determined that the best way to maximize shareholder value is ...

Southwest Gas Holdings, Inc. to Report Second Quarter 2022 Results on August 9, 2022

Company to Host Earnings Conference Call on August 10, 2022 LAS VEGAS , Aug. 3, 2022 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today announced that it w...

Southwest Gas Board Determines Best Path to Maximize Stockholder Value: Conclude Strategic Alternatives Review Proces...

LAS VEGAS , Aug. 3, 2022 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today provided an update on the Company's ongoing strategic alternatives process that...

Southwest Gas (SWX) Earnings Expected to Grow: What to Know Ahead of Q2 Release

Southwest Gas (SWX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Southwest Gas (SWX) Gains on Investments & Customer Addition

Southwest Gas (SWX), with strategic investments and an expanding customer base, is poised for growth. However, its dependence on the interstate pipeline and cyber-based security risks are headwinds.

Why Is Southwest Gas (SWX) Up 4.1% Since Last Earnings Report?

Southwest Gas (SWX) reported earnings 30 days ago. What's next for the stock?

Billionaire Carl Icahn Is Buying More Southwest Gas (SWX) Stock

Shares of SWX stock are in the spotlight following a massive 2.19 million share purchase from billionaire Carl Icahn. The post Billionaire Carl Icahn Is Buying More Southwest Gas (SWX) Stock appeared fi...

Southwest Gas Holdings Chief Financial Officer Gregory J. Peterson to Retire

LAS VEGAS, May 27, 2022 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today announced Senior Vice President and Chief Financial Officer Gregory J. Peterson'...

Vice President of Sustainability and Public Policy Joins Southwest Gas

Laura S. Nelson, Ph.D., oversees sustainability efforts, including ESG, as well as government and community affairs LAS VEGAS , May 11, 2022 /PRNewswire/ -- Southwest Gas Corporation (NYSE: SWX) proudly...

Southwest Gas (SWX) Q1 Earnings Miss, Revenues Beat Estimates

Southwest Gas' (SWX) first-quarter earnings miss estimates. Southwest Gas announces its five-year capital expenditure plan.

Southwest Gas (SWX) Q1 Earnings Lag Estimates

Southwest Gas (SWX) delivered earnings and revenue surprises of -13.86% and 20.10%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Southwest Gas Holdings, Inc. Announces First Quarter 2022 Financial Results

Reaffirms 2022 Guidance and Confidence in Long-Term Growth Prospects Moving Forward Expeditiously with Strategic Alternatives Review Process LAS VEGAS , May 9, 2022 /PRNewswire/ -- Southwest Gas Holding...

Carl Icahn Shakes Up This Utility's Board and Ousts CEO

The American financier has built his illustrious career by going to war with companies he believes could be run better.

Are You Looking for a High-Growth Dividend Stock? Southwest Gas (SWX) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Southwest Gas (SWX) have what it takes?

Top 5 Picks to Boost Portfolio Amid Wall Street's Free Fall

We have narrowed our search to five utility stocks with strong potential for 2022. These are: WTRG, NFG, AEE, SWX and VST.

Other symbols: AEENFGVSTWTRG

Icahn Enterprises Announces Extension and Amendment of Southwest Gas Tender Offer

SUNNY ISLES BEACH, Fla., May 9, 2022 /PRNewswire/ -- IEP Utility Holdings LLC, an affiliate of Icahn Enterprises L.P.

Other symbols: IEP

Southwest Gas settles boardroom battle with Icahn, replaces CEO

Southwest Gas Holdings reached a settlement on Friday with Carl Icahn that will replace the company's chief executive and hand as many as four board seats to the billionaire investor.

Southwest Gas Reschedules Annual Meeting to May 19, 2022

LAS VEGAS , May 6, 2022 /PRNewswire/ --Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today announced that it is rescheduling its 2022 Annual Meeting of Stockholders (the "A...

Southwest Gas Holdings, Inc. to Announce First Quarter 2022 Earnings on May 9, 2022

LAS VEGAS , May 6, 2022 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas" or the "Company") today announced that it will report first quarter 2022 financial results following mar...

Southwest Gas Announces Settlement with Carl Icahn

Up to Four New Directors to Join Board: Andrew W. Evans, H. Russell Frisby, Jr., Henry P.