Southwest Gas (NYSE:SWX - Get Free Report) is expected to post its quarterly earnings results before the market opens on Wednesday, February 26th. Analysts expect Southwest Gas to post earnings of $1.21 per share and revenue of $1.35 billion for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.
Southwest Gas Trading Down 0.2 %
Shares of NYSE:SWX traded down $0.16 during trading hours on Friday, hitting $76.92. 522,747 shares of the company's stock traded hands, compared to its average volume of 345,807. The business has a fifty day moving average price of $72.81 and a 200-day moving average price of $73.47. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.85 and a quick ratio of 0.85. Southwest Gas has a 1 year low of $60.88 and a 1 year high of $80.29. The firm has a market capitalization of $5.52 billion, a P/E ratio of 31.01, a price-to-earnings-growth ratio of 3.19 and a beta of 0.44.
Southwest Gas Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 3.22%. The ex-dividend date is Thursday, May 15th. Southwest Gas's dividend payout ratio is presently 100.00%.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on SWX shares. Bank of America reaffirmed an "underperform" rating and set a $73.00 price target on shares of Southwest Gas in a research note on Friday, December 13th. JPMorgan Chase & Co. reduced their price objective on shares of Southwest Gas from $76.00 to $72.00 and set a "neutral" rating for the company in a research note on Tuesday, January 28th. LADENBURG THALM/SH SH raised shares of Southwest Gas to a "strong-buy" rating in a research note on Friday, January 24th. Finally, Jefferies Financial Group assumed coverage on shares of Southwest Gas in a research note on Tuesday, January 14th. They issued a "hold" rating and a $73.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Southwest Gas presently has a consensus rating of "Hold" and an average target price of $73.80.
Check Out Our Latest Analysis on SWX
Southwest Gas Company Profile
(
Get Free Report)
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.
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