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Southwest Gas Holdings, Inc. (SWX)

Utilities | Utilities - Regulated Gas | Las Vegas, United States | NYSE
89.01 USD +0.99 (1.125%) ⇧ (June 12, 2026, 4 p.m. EDT)
After hours: 89.01
Short-term:★★★☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take ↕ | June 12, 2026, 9:56 p.m. EDT

Southwest Gas presents a classic utility dilemma: stable cash flows and a reliable dividend mask a shrinking core business. The 21% revenue decline is concerning, even if earnings are growing via cost management or regulatory adjustments. The technicals are lagging, trading below the 50-day average, while the options market is pricing in more downside risk than upside potential. However, the analyst community sees significant value in the upcoming grid upgrades and regulatory tailwinds, pushing the target price nearly 12% higher. For a defensive portfolio, the dividend and low beta offer shelter, but the lack of top-line growth warrants caution on the long-term hold.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_97 ✓0.020794
MSTL_47_970.027777
MSTL0.028057
AutoTheta0.028207
AutoETS0.029062
AutoARIMA0.029062
MSTL_470.029690

Forecast horizon: 60 days | Selected: MSTL_97

Forecast Reliability
Score 52%
H-stat 1.97
Ljung-Box p 0.000
Jarque-Bera p 0.792
Excess Kurtosis -0.38
Attribute Value
Sector Utilities
Ex Dividend Date 2026-05-14
Last Dividend Date 2026-05-14
Debt to Equity Ratio 85.549
Revenue per Share 24.617
Market Cap 6,442,087,424
Trailing P/E 26.97
Forward P/E 18.20
Beta 0.58
Profit Margins 26.10%
Website https://www.swgasholdings.com

As of June 12, 2026, 9:56 p.m. EDT: Speculators are positioning for a range-bound outcome with a distinct bias toward downside protection. The implied volatility skew is pronounced, with puts trading at a premium relative to calls for the June 2026 expiration, suggesting fear of a drop below the $85 strike. Open interest clusters indicate a floor around $85 and a ceiling near $100, with the majority of open interest concentrated out-of-the-money on both sides.

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.74% 3.02% 3.42% 3.48%
Dividend History
Date Dividend Yield %
2026-05-15 0.645 0.735462
2026-02-17 0.620 0.702629
2025-11-17 0.620 0.778601
2025-08-15 0.620 0.800103
2025-05-15 0.620 0.896213
2025-02-18 0.620 0.795382
2024-11-15 0.620 0.810563
2024-08-15 0.620 0.878436
2024-05-14 0.620 0.835467
2024-02-14 0.620 1.063647
2023-11-14 0.620 1.011254
2023-08-14 0.620 0.954874
2023-05-12 0.620 1.101243
2023-02-14 0.620 0.967390
2022-11-14 0.620 0.978227
2022-08-12 0.620 0.801241
2022-05-13 0.620 0.680123
2022-02-14 0.595 0.908120
2021-11-12 0.595 0.855254
2021-08-13 0.595 0.832401
2021-05-14 0.595 0.851703
2021-02-12 0.570 0.921883
2020-11-13 0.570 0.810004
2020-08-14 0.570 0.808167
2020-05-14 0.570 0.841080
2020-02-14 0.545 0.685535
2019-11-14 0.545 0.705684
2019-08-14 0.545 0.622715
2019-05-14 0.545 0.651992
2019-02-14 0.520 0.665813
2018-11-14 0.520 0.616552
2018-08-14 0.520 0.656400
2018-05-14 0.520 0.710965
2018-02-14 0.495 0.738255
2017-11-14 0.495 0.598549
2017-08-11 0.495 0.609982
2017-05-11 0.495 0.622172
2017-02-13 0.450 0.543019
2016-11-10 0.450 0.631579
2016-08-11 0.450 0.618727
2016-05-12 0.450 0.650383
2016-02-11 0.405 0.675338
2015-11-12 0.405 0.732634
2015-08-13 0.405 0.739186
2015-05-13 0.405 0.775862
2015-02-12 0.365 0.626287
2014-11-13 0.365 0.633351
2014-08-13 0.365 0.733226
2014-05-13 0.365 0.694973
2014-02-13 0.330 0.615672
2013-11-13 0.330 0.616247
2013-08-13 0.330 0.664786
2013-05-13 0.330 0.666667
2013-02-13 0.295 0.655264
2012-11-13 0.295 0.724638
2012-08-13 0.295 0.681923
2012-05-11 0.295 0.691514
2012-02-13 0.265 0.630202
2011-11-10 0.265 0.682638
2011-08-11 0.265 0.763249
2011-05-12 0.265 0.676538
2011-02-11 0.250 0.652742
2010-11-10 0.250 0.715308
2010-08-12 0.250 0.791640
2010-05-13 0.250 0.768994
2010-02-11 0.238 0.883445
2009-11-12 0.238 0.917502
2009-08-13 0.238 0.943321
2009-05-13 0.238 1.218638
2009-02-11 0.225 0.915006
2008-11-13 0.225 0.868391
2008-08-13 0.225 0.762712
2008-05-13 0.225 0.732899
2008-02-13 0.215 0.744976
2007-11-13 0.215 0.740358
2007-08-13 0.215 0.731541
2007-05-11 0.215 0.566834
2007-02-13 0.205 0.517415
2006-11-13 0.205 0.557823
2006-08-11 0.205 0.636053
2006-05-11 0.205 0.723870
2006-02-13 0.205 0.777104
2005-11-10 0.205 0.762649
2005-08-11 0.205 0.762649
2005-05-12 0.205 0.836735
2005-02-11 0.205 0.798598
2004-11-10 0.205 0.823624
2004-08-12 0.205 0.885147
2004-05-13 0.205 0.935219
2004-02-12 0.205 0.864979
2003-11-13 0.205 0.907080
2003-08-13 0.205 0.953045
2003-05-13 0.205 1.005395
2003-02-13 0.215 1.046229
2002-11-13 0.205 0.917226
2002-08-13 0.205 0.927602
2002-05-13 0.205 0.858100
2002-02-13 0.205 0.885529
2001-11-13 0.205 0.964706
2001-08-13 0.205 0.887446
2001-05-11 0.205 0.977587
2001-02-13 0.205 0.929705
2000-11-14 0.205 1.037975
2000-08-14 0.205 1.138889
2000-05-15 0.205 1.034700
2000-02-14 0.205 1.154930
1999-11-12 0.205 0.863158
1999-08-12 0.205 0.709957
1999-05-13 0.205 0.717724
1999-02-11 0.205 0.790361
1998-11-12 0.205 0.918768
1998-08-18 0.205 0.959064
1998-05-13 0.205 0.918768
1998-02-12 0.205 0.993939
1997-11-13 0.205 1.115646
1997-08-13 0.205 1.100671
1997-05-13 0.205 1.233083
1997-02-12 0.205 1.108108
1996-11-13 0.205 1.078947
1996-08-13 0.205 1.233083
1996-05-13 0.205 1.233083
1996-02-13 0.205 1.179856
1995-11-13 0.205 1.251908
1995-08-11 0.205 1.355372
1995-05-09 0.205 1.504587
1995-02-09 0.205 1.464286
1994-11-08 0.205 1.322581
1994-08-10 0.205 1.138889
1994-05-10 0.195 1.218750
1994-02-10 0.195 1.068493
1993-11-08 0.195 1.155556
1993-08-10 0.195 1.172932
1993-05-10 0.175 0.979021
1993-02-09 0.175 1.238938
1992-11-06 0.175 1.359223
1992-08-10 0.175 1.272727
1992-05-11 0.175 1.359223
1992-02-10 0.175 1.458333
1991-11-04 0.175 1.573034
1991-08-05 0.175 1.555556
1991-05-06 0.350 2.058824
1991-02-04 0.350 2.434783
1990-11-05 0.350 2.772277
1990-08-06 0.350 2.153846
1990-05-04 0.350 1.944444
1990-02-05 0.350 2.074074
1989-11-06 0.350 2.028986
1989-08-04 0.350 1.842105
1989-05-04 0.335 1.848276
1989-02-06 0.335 1.887324
1988-11-04 0.335 1.644172
1988-08-04 0.335 1.604790
1988-05-04 0.335 1.707006
1988-02-04 0.335 1.505618
1987-11-04 0.335 1.675000
1987-08-04 0.320 1.299492
1987-05-05 0.320 1.422222
1987-02-04 0.320 1.551515
Additional Data
dividendRate 2.58
dividendYield 2.9
exDividendDate 2026-05-15
trailingAnnualDividendRate 2.48
trailingAnnualDividendYield 0.028175415
lastDividendValue 0.645
lastDividendDate 2026-05-15
dividendDate 2026-06-01

Info Dump

Attribute Value
52 Week Change 0.23060966
Address1 8,360 S. Durango Dr.
All Time High 95.62
All Time Low 6.25
Ask 95.31
Ask Size 500
Audit Risk 10
Average Analyst Rating 1.1 - Strong Buy
Average Daily Volume10 Day 514,330
Average Daily Volume3 Month 486,369
Average Volume 486,369
Average Volume10Days 514,330
Beta 0.576
Bid 82.86
Bid Size 300
Board Risk 1
Book Value 54.844
City Las Vegas
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 2
Country United States
Crypto Tradeable 0
Currency USD
Current Price 89.01
Current Ratio 1.449
Custom Price Alert Confidence HIGH
Date Short Interest 1,780,012,800
Day High 89.215
Day Low 88.025
Debt To Equity 85.549
Display Name Southwest Gas
Dividend Date 1,780,272,000
Dividend Rate 2.58
Dividend Yield 2.9
Earnings Call Timestamp End 1,777,993,200
Earnings Call Timestamp Start 1,777,993,200
Earnings Growth 0.209
Earnings Quarterly Growth 0.215
Earnings Timestamp 1,777,984,200
Earnings Timestamp End 1,785,933,000
Earnings Timestamp Start 1,785,933,000
Ebitda 831,451,008
Ebitda Margins 0.46735
Enterprise To Ebitda 11.385
Enterprise To Revenue 5.321
Enterprise Value 9,466,264,576
Eps Current Year 4.22247
Eps Forward 4.88954
Eps Trailing Twelve Months 3.3
Esg Populated 0
Ex Dividend Date 1,778,803,200
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 89.6762
Fifty Day Average Change -0.66619873
Fifty Day Average Change Percent -0.0074289357
Fifty Two Week Change Percent 23.060966
Fifty Two Week High 94.43
Fifty Two Week High Change -5.419998
Fifty Two Week High Change Percent -0.057396993
Fifty Two Week Low 71.68
Fifty Two Week Low Change 17.330002
Fifty Two Week Low Change Percent 0.241769
Fifty Two Week Range 71.68 - 94.43
Financial Currency USD
First Trade Date Milliseconds 99,153,000,000
Five Year Avg Dividend Yield 3.41
Float Shares 71,881,276
Forward Eps 4.88954
Forward P E 18.204166
Free Cashflow -294,657,376
Full Exchange Name NYSE
Full Time Employees 2,453
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,780,531,200
Gross Margins 0.51233
Gross Profits 911,473,984
Has Pre Post Market Data 1
Held Percent Insiders 0.00605
Held Percent Institutions 0.92125
Implied Shares Outstanding 72,374,873
Industry Utilities - Regulated Gas
Industry Disp Utilities - Regulated Gas
Industry Key utilities-regulated-gas
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,778,803,200
Last Dividend Value 0.645
Last Fiscal Year End 1,767,139,200
Long Business Summary Southwest Gas Holdings, Inc., through its subsidiary, Southwest Gas Corporation, purchases, distributes, and transports natural gas for residential, commercial, and industrial customers in Arizona, Nevada, and California in the United States. The company offers tariff sales and transportation services. It also operates a pipeline transmission system, including an LNG storage facility. As of December 31, 2025, the company served approximately 2,281,000 customers with 1,224,000 in Arizona, 849,000 in Nevada, and 208,000 in California. Southwest Gas Holdings, Inc. was founded in 1931 and is headquartered in Las Vegas, Nevada.
Long Name Southwest Gas Holdings, Inc.
Market us_market
Market Cap 6,442,087,424
Market State CLOSED
Max Age 86,400
Message Board Id finmb_304227
Most Recent Quarter 1,774,915,200
Net Income To Common 238,884,992
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 6,442,087,445
Number Of Analyst Opinions 8
Open 88.32
Operating Cashflow 426,943,008
Operating Margins 0.37862998
Overall Risk 3
Payout Ratio 0.7515
Peg Ratio 2.18
Phone 702 876 7237
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 89.01
Post Market Time 1,781,299,293
Previous Close 88.02
Price Eps Current Year 21.08008
Price Hint 2
Price To Book 1.622967
Price To Sales Trailing12 Months 3.6210155
Profit Margins 0.26099002
Quick Ratio 0.994
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.11111
Region US
Regular Market Change 0.990005
Regular Market Change Percent 1.12475
Regular Market Day High 89.215
Regular Market Day Low 88.025
Regular Market Day Range 88.025 - 89.215
Regular Market Open 88.32
Regular Market Previous Close 88.02
Regular Market Price 89.01
Regular Market Time 1,781,294,402
Regular Market Volume 313,465
Return On Assets 0.027509999
Return On Equity 0.06079
Revenue Growth -0.216
Revenue Per Share 24.617
Sand P52 Week Change 0.23177934
Sector Utilities
Sector Disp Utilities
Sector Key utilities
Share Holder Rights Risk 5
Shares Outstanding 72,374,873
Shares Percent Shares Out 0.02
Shares Short 1,449,413
Shares Short Previous Month Date 1,777,507,200
Shares Short Prior Month 1,515,701
Short Name Southwest Gas Holdings, Inc.
Short Percent Of Float 0.026199998
Short Ratio 3.02
Source Interval 15
State NV
Symbol SWX
Target High Price 106.0
Target Low Price 94.0
Target Mean Price 99.25
Target Median Price 98.5
Total Cash 484,752,000
Total Cash Per Share 6.698
Total Debt 3,508,929,024
Total Revenue 1,779,083,008
Tradeable 0
Trailing Annual Dividend Rate 2.48
Trailing Annual Dividend Yield 0.028175415
Trailing Eps 3.3
Trailing P E 26.972729
Trailing Peg Ratio 2.1763
Triggerable 1
Two Hundred Day Average 83.9303
Two Hundred Day Average Change 5.0797043
Two Hundred Day Average Change Percent 0.06052289
Type Disp Equity
Volume 313,465
Website https://www.swgasholdings.com
Zip 89,113