SWX - Southwest Gas Holdings Inc Stock Price, Fair Value and News

75.78USD-0.51 (-0.67%)Market Closed

Market Summary

USD75.78-0.51

Market Closed

-0.67%

SWX Stock Price

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SWX RSI Chart

SWX Valuation

Market Cap

5.4B

Price/Earnings (Trailing)

28.18

Price/Sales (Trailing)

EV/EBITDA

10.03

Price/Free Cashflow

14.92

SWX Price/Sales (Trailing)

SWX Profitability

EBT Margin

4.17%

Return on Equity

5.74%

Return on Assets

1.62%

Free Cashflow Yield

6.7%

SWX Fundamentals

SWX Revenue

Revenue (TTM)

5.4B

Rev. Growth (Yr)

-1.39%

Rev. Growth (Qtr)

15.61%

SWX Earnings

Earnings (TTM)

192.7M

Earnings Growth (Yr)

91.1%

Earnings Growth (Qtr)

20.4%

Breaking Down SWX Revenue

Last 7 days

1.6%

Last 30 days

0.0%

Last 90 days

29.7%

Trailing 12 Months

35.9%

How does SWX drawdown profile look like?

SWX Financial Health

Current Ratio

1.04

Debt/Equity

1.39

Debt/Cashflow

0.27

SWX Investor Care

Dividend Yield

3.27%

Dividend/Share (TTM)

2.48

Shares Dilution (1Y)

0.47%

Diluted EPS (TTM)

2.69

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	5.4B	0	0	0
2023	5.3B	5.4B	5.5B	5.4B
2022	4.1B	4.4B	4.6B	5.0B
2021	3.3B	3.4B	3.5B	3.7B
2020	3.1B	3.2B	3.2B	3.3B
2019	3.0B	3.0B	3.1B	3.1B
2018	2.6B	2.8B	2.8B	2.9B
2017	2.4B	2.4B	2.4B	2.5B
2016	2.5B	2.5B	2.5B	2.5B
2015	0	0	0	2.5B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Southwest Gas Holdings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 02, 2024	timperley amy l.	acquired	-	-	2,308	svp/chief reg. & fin. planning
May 02, 2024	colvin lori l	acquired	-	-	1,515	vp/controller/cao
May 02, 2024	williams julie m.	acquired	-	-	2,934	svp/cont. improvement and opt.
May 02, 2024	stefani robert j	acquired	-	-	10,879	svp/chief financial officer
May 02, 2024	gabe randall p.	acquired	-	-	2,862	svp/chief administrative ofc
May 02, 2024	moran thomas e.	acquired	-	-	1,685	vp/general counsel/corp. sec
May 02, 2024	haller karen s	acquired	-	-	34,403	president and ceo
May 02, 2024	brown justin l	acquired	-	-	6,658	president/southwest gas corp.
Mar 05, 2024	brown justin l	sold (taxes)	-107,862	63.35	-1,702	president/southwest gas corp.
Mar 05, 2024	colvin lori l	sold (taxes)	-32,576	63.35	-514	vp/controller/cao

Which funds bought or sold SWX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	Inspire Investing, LLC	reduced	-22.17	-24,846	359,562	0.04%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-73.36	-1,241,990	584,831	-%
May 07, 2024	O'Dell Group, LLC	sold off	-100	-7,919	-	-%
May 07, 2024	Empowered Funds, LLC	reduced	-28.22	-336,002	2,108,800	0.02%
May 07, 2024	Swiss National Bank	reduced	-19.82	-324,603	8,595,080	0.01%
May 07, 2024	Illinois Municipal Retirement Fund	unchanged	-	123,000	731,000	0.01%
May 07, 2024	SEI INVESTMENTS CO	reduced	-2.58	1,906,330	13,074,900	0.02%
May 07, 2024	Arizona State Retirement System	reduced	-21.3	-68,652	1,197,140	0.01%
May 07, 2024	ASSETMARK, INC	reduced	-11.99	11,506	211,185	-%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	added	0.75	3,636,000	20,895,000	0.03%

Are Funds Buying or Selling SWX?

Are funds buying SWX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SWX

No. of Funds

Unveiling Southwest Gas Holdings Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.17%	7,251,928	SC 13G/A
Jan 23, 2024	blackrock inc.	13.0%	9,297,238	SC 13G/A
Nov 27, 2023	icahn carl c	6.43%	4,599,021	SC 13D/A
Oct 23, 2023	corvex management lp	5.8%	4,153,717	SC 13D
Mar 28, 2023	icahn carl c	6.14%	4,380,866	SC 13D/A
Mar 17, 2023	icahn carl c	5.66%	4,034,270	SC 13D/A
Mar 10, 2023	icahn carl c	5.26%	3,724,746	SC 13D/A
Feb 14, 2023	price t rowe associates inc /md/	0.1%	62,672	SC 13G/A
Feb 09, 2023	vanguard group inc	10.36%	6,928,868	SC 13G/A
Jan 23, 2023	blackrock inc.	14.4%	9,681,136	SC 13G/A

Recent SEC filings of Southwest Gas Holdings Inc

View All Filings

Date Filed	Form Type	Document
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
May 07, 2024	8-K	Current Report
May 07, 2024	8-K	Current Report
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading

Peers (Alternatives to Southwest Gas Holdings Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CPK	2.5T	698.2M	6.21%	-12.74%	25.4K	3.5K	3.29%	8.78%
AEP	47.8B	19.3B	7.51%	-0.55%	16.95	2.47	-2.13%	41.75%
AWK	25.9B	4.3B	10.75%	-10.12%	27	6.01	10.78%	15.26%
AEE	19.8B	7.3B	1.19%	-16.47%	17.15	2.73	-10.88%	5.77%
ATO	18.2B	4.1B	3.64%	1.75%	18.2	4.48	-11.13%	20.48%
NRG	15.8B	28.5B	2.74%	142.27%	9.62	0.55	-9.05%	188.86%
AGR	14.1B	8.3B	1.56%	-10.69%	15.77	1.7	0.05%	30.98%
AES	13.8B	12.5B	5.85%	-12.35%	-2.1K	1.1	-3.77%	98.49%
MID-CAP
PNW	8.7B	4.7B	3.43%	-4.05%	16.14	1.85	4.84%	12.15%
ALE	3.6B	1.9B	3.92%	0.54%	14.64	1.92	19.68%	30.53%
AVA	2.9B	1.9B	6.15%	-15.06%	15.66	1.57	9.47%	35.66%
SMALL-CAP
CWCO	446.1M	180.2M	8.12%	64.80%	15	2.48	91.50%	388.02%
CDZI	158.3M	2.0M	-5.98%	-47.56%	-5.03	78.74	33.96%	-26.84%
VIA	35.4M	415.8M	1.11%	0.55%	1.49	0.09	-11.16%	525.10%
CREG	8.2M	-	-24.82%	-38.69%	-10.98	12.3	-88.45%	83.25%

Southwest Gas Holdings Inc News

Latest updates

Southwest Gas Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	15.6%	1,581	1,368	1,169	1,294	1,603	1,421	1,126	1,146	1,267	1,084	889	821	886	914	791	757	836	848	725	713	834
Costs and Expenses	15.7%	1,423	1,229	1,109	1,209	1,468	1,709	1,076	1,100	1,099	971	865	762	712	761	737	690	688	710	687	658	693
EBITDA Margin	3.6%	0.18*	0.17*	0.09*	0.09*	0.08*	0.09*	0.18*	0.18*	0.19*	0.20*	0.22*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-2.7%	72.00	74.00	72.00	69.00	77.00	77.00	64.00	53.00	48.00	-	31.00	26.00	24.00	28.00	28.00	26.00	28.00	29.00	27.00	27.00	26.00
Income Taxes	76.8%	17.00	10.00	-1.27	5.00	29.00	-93.95	-1.52	-4.30	24.00	5.00	-1.82	6.00	31.00	24.00	7.00	9.00	26.00	21.00	3.00	6.00	26.00
Earnings Before Taxes	25.6%	105	83.00	3.00	35.00	76.00	-371	-12.84	-10.38	121	76.00	-11.11	32.00	150	129	28.00	49.00	99.00	113	10.00	29.00	121
EBT Margin	14.8%	0.04*	0.04*	-0.05*	-0.05*	-0.06*	-0.06*	0.04*	0.04*	0.05*	0.07*	0.09*	-	-	-	-	-	-	-	-	-	-
Net Income	20.4%	88.00	73.00	3.00	29.00	46.00	-280	-12.31	-6.57	96.00	70.00	-11.58	25.00	117	104	18.00	38.00	73.00	92.00	5.00	22.00	95.00
Net Income Margin	28.2%	0.04*	0.03*	-0.04*	-0.04*	-0.05*	-0.04*	0.03*	0.03*	0.04*	0.05*	0.07*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	213.6%	323	103	-39.61	-21.68	-404	-142	-204	-128	24.00	-149	-118	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.2%	11,888	11,870	11,836	11,951	11,810	13,197	13,103	12,923	13,249	12,765	10,370	9,039	8,929	8,736	8,430	8,426	8,093	8,170	7,840	7,667	7,569
Current Assets	-5.4%	1,780	1,881	1,998	2,240	2,258	3,708	1,710	1,644	2,047	1,615	1,393	1,007	1,001	871	733	867	673	860	765	752	830
Cash Equivalents	329.9%	458	107	105	221	82.00	123	175	216	625	223	187	48.00	92.00	83.00	24.00	200	61.00	50.00	28.00	38.00	97.00
Goodwill	-0.3%	787	790	787	790	787	787	1,743	1,750	1,774	1,781	792	348	347	345	340	338	334	343	340	346	364
Current Liabilities	2.0%	1,719	1,685	1,053	1,057	1,610	3,423	1,314	2,350	2,630	3,112	1,355	1,272	1,036	912	839	918	980	1,080	782	727	974
Short Term Borrowings	2.5%	644	629	58.00	16.00	468	1,543	381	1,463	1,474	1,909	272	318	310	107	54.00	58.00	67.00	211	30.00	-	188
Long Term Debt	0.8%	4,649	4,610	5,236	5,285	4,578	4,403	5,866	4,588	4,560	4,116	3,574	2,479	2,697	2,732	2,686	2,639	2,310	2,300	2,462	2,373	2,106
LT Debt, Current	0.5%	43.00	43.00	42.00	42.00	42.00	45.00	41.00	41.00	291	297	297	319	67.00	40.00	45.00	172	170	164	38.00	37.00	35.00
LT Debt, Non Current	-100.0%	-	4,610	5,236	5,285	4,578	4,403	5,866	4,588	4,560	4,116	3,574	2,479	2,697	2,732	2,686	2,639	2,310	2,300	2,462	2,373	2,106
Shareholder's Equity	1.4%	3,356	3,310	3,239	2,534	743	3,059	2,283	69.00	68.00	1,824	62.00	61.00	1,660	1,068	2,144	1,524	1,080	1,039	2,424	56.00	2,347
Retained Earnings	5.8%	782	739	669	697	743	747	1,111	1,156	1,191	1,114	1,080	1,108	1,112	1,068	1,054	1,086	1,080	1,039	977	1,002	1,010
Additional Paid-In Capital	0.2%	2,547	2,542	2,540	2,534	2,525	2,287	2,283	2,279	2,274	1,824	1,824	1,734	1,660	1,609	1,560	1,524	1,470	1,467	1,438	1,410	1,333
Shares Outstanding	0.1%	72.00	72.00	72.00	71.00	71.00	67.00	67.00	64.00	60.00	59.00	59.00	59.00	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.45
Float	-	-	-	-	4,549	-	-	-	5,835	-	-	-	3,911	-	-	-	3,861	-	-	-	4,868	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	75.0%	544	311	186	198	-185	104	40.00	77.00	187	60.00	50.00	54.00	-52.46	138	113	104	272	122	100	90.00	188
Share Based Compensation	301.0%	1.00	-0.48	3.00	2.00	3.00	2.00	1.00	3.00	4.00	2.00	2.00	2.00	4.00	1.00	1.00	2.00	3.00	1.00	1.00	2.00	3.00
Cashflow From Investing	3.1%	-199	-206	-250	-228	836	-234	-238	-211	-154	-1,721	-993	-176	-144	-183	-203	-213	-200	-240	-230	-273	-207
Cashflow From Financing	107.5%	8.00	-103	-52.11	169	-714	102	159	-274	369	1,697	1,082	78.00	206	104	-84.31	249	-59.03	140	121	124	31.00
Dividend Payments	-100.0%	-	44.00	44.00	44.00	42.00	42.00	42.00	41.00	36.00	36.00	35.00	35.00	33.00	32.00	32.00	31.00	30.00	30.00	30.00	29.00	28.00

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SWX Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating revenues:
Regulated operations revenues	$ 2,534,696	$ 2,199,682	$ 1,521,790
Utility infrastructure services revenues	2,899,276	2,760,327	2,158,661
Total operating revenues	5,433,972	4,960,009	3,680,451
Operating expenses:
Net cost of gas sold	1,253,269	799,060	430,907
Operations and maintenance	544,082	636,766	473,146
Depreciation and amortization	440,908	470,455	371,041
Taxes other than income taxes	88,751	93,383	80,343
Utility infrastructure services expenses	2,617,402	2,529,318	1,955,467
Goodwill impairment and loss on sale	71,230	455,425	0
Total operating expenses	5,015,642	4,984,407	3,310,904
Operating income (loss)	418,330	(24,398)	369,547
Other income and (expenses):
Net interest deductions	(292,286)	(242,750)	(119,198)
Other income (deductions)	71,305	(6,189)	(3,499)
Total other income and (expenses)	(220,981)	(248,939)	(122,697)
Income (loss) before income taxes	197,349	(273,337)	246,850
Income tax expense (benefit)	41,832	(75,653)	39,648
Net income (loss)	155,517	(197,684)	207,202
Net income attributable to noncontrolling interests	4,628	5,606	6,423
Net income (loss) attributable to Southwest Gas Holdings, Inc.	$ 150,889	$ (203,290)	$ 200,779
Earnings (loss) per share:
Basic (in USD per share)	$ 2.13	$ (3.10)	$ 3.39
Diluted (in USD per share)	$ 2.13	$ (3.10)	$ 3.39
Weighted average shares:
Basic (in shares)	70,787	65,558	59,145
Diluted (in shares)	70,990	65,558	59,259

SWX Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Regulated operations plant:
Gas plant	$ 10,140,362	$ 9,453,907
Less: accumulated depreciation	(2,822,669)	(2,674,157)
Construction work in progress	200,549	244,750
Net regulated operations plant	7,518,242	7,024,500
Other property and investments, net	1,266,340	1,281,172
Current assets:
Cash and cash equivalents	106,536	123,078
Accounts receivable, net of allowances	886,549	866,246
Accrued utility revenue	93,000	88,100
Income taxes receivable, net	1,935	8,738
Deferred purchased gas costs	552,885	450,120
Prepaid and other current assets	218,832	433,850
Current assets held for sale	21,377	1,737,530
Total current assets	1,881,114	3,707,662
Noncurrent assets:
Goodwill	789,729	787,250
Deferred income taxes	463	82
Deferred charges and other assets	414,008	395,948
Total noncurrent assets	1,204,200	1,183,280
Total assets	11,869,896	13,196,614
Capitalization:
Common stock, $1 par (authorized – 120,000,000 shares; issued and outstanding – 71,563,750 and 67,119,143 shares)	73,194	68,749
Additional paid-in capital	2,541,790	2,287,183
Accumulated other comprehensive loss, net	(43,787)	(44,242)
Retained earnings	738,839	747,069
Total Southwest Gas Holdings, Inc. equity	3,310,036	3,058,759
Redeemable noncontrolling interests	104,667	159,349
Long-term debt, less current maturities	4,609,838	4,403,299
Total capitalization	8,024,541	7,621,407
Commitments and contingencies (Note 10)
Current liabilities:
Current maturities of long-term debt	42,552	44,557
Short-term debt	628,500	1,542,806
Accounts payable	346,907	662,090
Customer deposits	48,460	51,182
Income taxes payable, net	817	2,690
Accrued general taxes	58,053	67,094
Accrued interest	36,605	38,556
Other current liabilities	522,953	369,743
Current liabilities held for sale	0	644,245
Total current liabilities	1,684,847	3,422,963
Deferred income taxes and other credits:
Deferred income taxes and investment tax credits, net	752,997	682,067
Accumulated removal costs	458,000	445,000
Other deferred credits and other long-term liabilities	949,511	1,025,177
Total deferred income taxes and other credits	2,160,508	2,152,244
Total capitalization and liabilities	$ 11,869,896	$ 13,196,614

About Southwest Gas Holdings Inc

Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. It operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. The company also provides trenching, installation, and replacement of underground pipes, as well as maintenance services for energy distribution systems. As of December 31, 2022, it had 2,197,000 residential, commercial, industrial, and other natural gas customers. The company was incorporated in 1931 and is headquartered in Las Vegas, Nevada.

CEO	Ms. Karen S. Haller
WEBSITE	swgasholdings.com
INDUSTRY	Utilities Regulated Electric
EMPLOYEES	13359

Southwest Gas Holdings Inc Frequently Asked Questions

What is the ticker symbol for Southwest Gas Holdings Inc? What does SWX stand for in stocks?

SWX is the stock ticker symbol of Southwest Gas Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Southwest Gas Holdings Inc (SWX)?

As of Wed May 08 2024, market cap of Southwest Gas Holdings Inc is 5.43 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SWX stock?

You can check SWX's fair value in chart for subscribers.

What is the fair value of SWX stock?

You can check SWX's fair value in chart for subscribers. The fair value of Southwest Gas Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Southwest Gas Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SWX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Southwest Gas Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether SWX is over valued or under valued. Whether Southwest Gas Holdings Inc is cheap or expensive depends on the assumptions which impact Southwest Gas Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SWX.

What is Southwest Gas Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, SWX's PE ratio (Price to Earnings) is 35.96 and Price to Sales (PS) ratio is 1. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SWX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Southwest Gas Holdings Inc's stock?

In the past 10 years, Southwest Gas Holdings Inc has provided 0.061 (multiply by 100 for percentage) rate of return.