Southwest Gas (NYSE:SWX) Updates FY 2026 Earnings Guidance

Southwest Gas (NYSE:SWX) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 4.170-4.320 for the period, compared to the consensus EPS estimate of 4.220. The company issued revenue guidance of -.

Southwest Gas Stock Performance

Shares of NYSE SWX traded up $0.63 during mid-day trading on Wednesday, hitting $89.68. The stock had a trading volume of 431,242 shares, compared to its average volume of 578,900. The firm has a market cap of $6.49 billion, a PE ratio of 12.99, a PEG ratio of 2.13 and a beta of 0.57. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.32 and a current ratio of 1.45. The company has a 50 day moving average of $89.62 and a two-hundred day moving average of $88.40. Southwest Gas has a twelve month low of $75.75 and a twelve month high of $94.46.

Southwest Gas (NYSE:SWX) last issued its quarterly earnings results on Wednesday, August 5th. The utilities provider reported $0.45 earnings per share for the quarter, hitting the consensus estimate of $0.45. Southwest Gas had a net margin of 19.95% and a return on equity of 6.95%. During the same period in the prior year, the firm posted ($0.18) EPS. The company’s quarterly revenue was down 9.6% compared to the same quarter last year. Southwest Gas has set its FY 2026 guidance at 4.170-4.320 EPS. Research analysts predict that Southwest Gas will post 4.27 EPS for the current fiscal year.

Southwest Gas Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be issued a $0.645 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $2.58 dividend on an annualized basis and a yield of 2.9%. Southwest Gas’s payout ratio is presently 37.39%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on SWX shares. Wells Fargo & Company started coverage on Southwest Gas in a research report on Monday, May 11th. They set an “overweight” rating and a $105.00 target price on the stock. Wall Street Zen upgraded Southwest Gas from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Citigroup lifted their price target on shares of Southwest Gas from $99.00 to $106.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. raised shares of Southwest Gas from a “neutral” rating to an “overweight” rating and set a $100.00 price target for the company in a report on Thursday, May 7th. Finally, Mizuho upped their price objective on shares of Southwest Gas from $96.00 to $98.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 9th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $97.29.

Institutional Trading of Southwest Gas

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Corient Private Wealth LLC lifted its holdings in shares of Southwest Gas by 38.7% in the 4th quarter. Corient Private Wealth LLC now owns 5,273 shares of the utilities provider’s stock worth $422,000 after acquiring an additional 1,472 shares during the last quarter. First Citizens Bank & Trust Co. boosted its position in shares of Southwest Gas by 2.1% during the fourth quarter. First Citizens Bank & Trust Co. now owns 10,934 shares of the utilities provider’s stock worth $875,000 after buying an additional 224 shares during the period. State of Tennessee Department of Treasury boosted its position in shares of Southwest Gas by 33.5% during the fourth quarter. State of Tennessee Department of Treasury now owns 32,577 shares of the utilities provider’s stock worth $2,698,000 after buying an additional 8,168 shares during the period. Empowered Funds LLC purchased a new stake in shares of Southwest Gas in the 4th quarter valued at $174,000. Finally, Zacks Investment Management acquired a new position in Southwest Gas during the 4th quarter worth about $298,000. 92.77% of the stock is owned by institutional investors and hedge funds.

About Southwest Gas

Southwest Gas Corporation (NYSE: SWX) is a publicly traded natural gas utility that provides regulated gas distribution services to residential, commercial, industrial and electric generation customers. The company’s core activities include the transportation, distribution and sale of natural gas through an extensive network of pipelines, service lines and metering facilities. Southwest Gas also offers related services such as system maintenance, pipeline safety inspections, emergency response and line extensions to support customer growth and ensure reliable gas delivery.

Founded in 1931 in southern Nevada, Southwest Gas has grown through strategic acquisitions and organic expansion to become one of the nation’s larger natural gas utilities by customer count.