Southwest Gas (SWX)
NYSE:SWX
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SWX Stock Chart & Stats
$90.99
-$1.06(-1.50%)
At close: 4:00 PM EST
$90.99
-$1.06(-1.50%)
Day’s Range― - ―
52-Week Range$70.03 - $94.43
Previous CloseN/A
Volume54.22K
Average Volume (3M)468.22K
Market Cap
$6.23B
Enterprise Value$9.26B
Total Cash (Recent Filing)$484.75M
Total Debt (Recent Filing)$3.51B
Price to Earnings (P/E)13.4
Beta0.29
Next Earnings
Aug 11, 2026EPS Estimate
0.43Next Dividend Ex-DateN/A
Dividend Yield3.07%
Share Statistics
EPS (TTM)6.42
Shares Outstanding72,374,870
10 Day Avg. Volume432,372
30 Day Avg. Volume468,219
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)1.46
Price to Sales (P/S)2.98
P/FCF Ratio-22.93
Enterprise Value/Market Cap1.49
Enterprise Value/Revenue3.70
Enterprise Value/Gross Profit10.44
Enterprise Value/Ebitda9.82
Forecast
1Y Price Target
$102.67Price Target Upside12.83% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)4.26
Revenue Forecast (FY)$1.98B
Bulls Say, Bears Say
Bulls Say
Regulated Utility Model With PassthroughsSouthwest Gas’s regulated distribution model and purchased-gas adjustment mechanisms structurally limit commodity-price exposure and shift fuel cost volatility to customers. Over months this supports more predictable distribution margins and cash flows, making long-term planning and rate-base investing more stable.
Recovered Profitability And Healthy MarginsA durable recovery to an ~18.5% TTM net margin and improved returns signals stronger operating performance and regulatory recovery. Sustained margins improve internal funding capacity, support allowed returns in rate cases, and increase resilience to modest cost swings over the 2–6 month horizon.
Leverage Trending Down And Stronger ROEA declining debt stock alongside a TTM ROE near 12.2% improves financial flexibility and credit profile versus prior years. This trend reduces interest burden risk and eases access to capital for regulated capex, supporting sustainable investment in distribution infrastructure over coming months.
Bears Say
Negative Free Cash Flow And Weak Cash ConversionPersistent negative free cash flow and OCF covering ~60% of net income indicate earnings are not fully converting to distributable cash. Over 2–6 months this pressures the firm’s ability to self-fund capex, maintain dividends, or absorb regulatory timing mismatches without raising external capital.
Volatile And Declining Revenue BaseMarked revenue volatility and a sharp TTM decline undermine predictability of rate-base growth and margin sustainability. For a regulated utility, uneven throughput and top-line swings complicate rate-case outcomes and near-term investment planning, increasing execution risk over the medium term.
Capital Structure Still Reflects Meaningful DebtAlthough leverage has improved, the company still carries meaningful debt that limits flexibility. Elevated debt levels can raise financing costs and reduce room to absorb adverse regulatory rulings or unexpected capex needs, constraining strategic options over the next several months.
Southwest Gas News
SWX FAQ
What was Southwest Gas’s price range in the past 12 months?
Southwest Gas lowest stock price was $70.03 and its highest was $94.42 in the past 12 months.
What is Southwest Gas’s market cap?
Southwest Gas’s market cap is $6.23B.
When is Southwest Gas’s upcoming earnings report date?
Southwest Gas’s upcoming earnings report date is Aug 11, 2026 which is in 68 days.
How were Southwest Gas’s earnings last quarter?
Southwest Gas released its earnings results on May 05, 2026. The company reported $1.91 earnings per share for the quarter, missing the consensus estimate of $2.02 by -$0.11.
Is Southwest Gas overvalued?
According to Wall Street analysts Southwest Gas’s price is currently Undervalued.
Does Southwest Gas pay dividends?
Southwest Gas pays a Quarterly dividend of $0.62 which represents an annual dividend yield of 3.07%. See more information on Southwest Gas dividends here
What is Southwest Gas’s EPS estimate?
Southwest Gas’s EPS estimate is 0.43.
How many shares outstanding does Southwest Gas have?
Southwest Gas has 72,374,870 shares outstanding.
What happened to Southwest Gas’s price movement after its last earnings report?
Southwest Gas reported an EPS of $1.91 in its last earnings report, missing expectations of $2.02. Following the earnings report the stock price went up 0.645%.
Which hedge fund is a major shareholder of Southwest Gas?
Currently, no hedge funds are holding shares in SWX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Southwest Gas Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$102.67 (12.83% Upside)
$102.67 (12.83% Upside)
Blogger Sentiment
Bullish
SWX Sentiment 70%
Sector Average 74%
Sector Average 74%
Hedge Fund Trend
Decreased
By 6.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.5%
Last 30 Days ▲ 15.5%
Last 30 Days ▲ 15.5%
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.73%
12-Months-Change
Fundamentals
Return on Equity
11.86%
Trailing 12-Months
Asset Growth
-13.82%
Trailing 12-Months
Company Description
Southwest Gas
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 incorporated in 1931 and is headquartered in Las Vegas, Nevada.
SWX Company Deck
SWX Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a predominantly positive outlook anchored by successful strategic simplification (Centuri sale), strong 2025 utility performance (19% EPS increase from continuing operations and 8.7% adjusted net income growth), upgraded credit ratings, ample liquidity, constructive regulatory developments in Arizona and Nevada, and a material growth runway driven by the Great Basin expansion (800 MMcf/d commitments; $215M–$245M incremental margin). Risks were acknowledged but largely framed as manageable: higher O&M, increased D&A and interest costs, near-term earnings moderation during project construction, regulatory/permitting/legal timing uncertainty, and a planned use of HoldCo cash that will reduce year-end HoldCo balances. Overall, highlights substantially outweigh lowlights, supporting a positive sentiment for the company’s transition to a pure regulated utility and its forward-looking growth plan.View all SWX earnings summariesSWX Stock 12 Month Forecast
Average Price Target
$102.67
▲(12.83% Upside)
Technical Analysis
Ownership Overview
9.06% Insiders
27.10% Mutual Funds
26.08% Other Institutional Investors
11.12% Public Companies and
Individual Investors