NYSE: SWX

Southwest Gas (SWX) Stock Analysis & Forecast

Sep 28 close

$81.87−0.57 (−0.7%)

Gekko Brief

AI summary

Southwest Gas resumed its dividend after a three-year hiatus this week, marking its transition to a pure-play regulated utility following last year's Centuri divestiture. Coverage points to a $6.3 billion capital plan for 2026-2030, including the Great Basin 2028 Expansion Project, as the basis for projected earnings growth, alongside commentary that recent selling has left the stock in oversold territory with analysts revising earnings estimates higher.

Shares closed at $81.87, down 0.7%, sitting between the 50-day average of $89.13 and the 200-day average of $87.55, with one-month and three-month returns of -8.4% and -8.7% respectively against a 5% one-year return. The GekkoIndex reads 73.8, placing SWX in the Buying zone, and the price stands 13.5% below Gekko Fair Value of $94.68.

The next earnings report is set for 4 November 2026, 36 days out and beyond a typical 20-trading-day hold, with the prior quarter showing an EPS miss of $1.36 against a $1.40 estimate and a 0.5% reaction. No insider, Congress or unusual options activity appears in the respective 90-day and 30-day windows, and billionaire holders stand at zero. Seasonality over the next 20 trading days has averaged -0.2% across 5 years, rising in 3 of them, a mixed backdrop worth noting alongside the four analyst firms currently rating the stock a buy.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Southwest Gas price vs fair value

$94.68$81.87Sep ’25Mar ’26Sep ’26
Close $81.87200-day averageGekko Fair Value $94.68

Southwest Gas quick facts

Market cap
$5.93B
P/E ratio
21.2
Forward P/E
17.4
EPS, TTM
$3.84
Revenue, TTM
$1.74B
Profit margin
31.4%
Dividend yield
3.04%
Beta
0.56
Volume
644,530 avg 760,027
1-year return
+5.0%
Typical daily move
±2%
Typical 20-day move
±3.9%
50-day average
$89.13
200-day average
$87.55
Next earnings
Nov 4
Shares outstanding
72.45M
52-week range
$76.74$94.47

Southwest Gas swing-trade checklist

Southwest Gas scores 3 supportive, 2 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive2 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $81.87 sits between the 50-day ($89.13) and 200-day ($87.55) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    73.8, Buying

    Reading 73.8 is in the Buying zone.

    See the GekkoIndex
  • Fair valuesupportive

    13.5% below

    Price is 13.5% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 36 days

    Next report Nov 4, 2026, 36 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    −0.2% on average

    From this point in the calendar, the next 20 trading days averaged −0.2% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Southwest Gas stock chart and price history

Southwest Gas closed at $81.87 on Sep 28, 2026, +5.0% over the past year, inside a 52-week range of $76.74 to $94.47.

Close50-day average200-day averageVolume
Southwest Gas share price, past year, with 50-day and 200-day moving averages and volume$75$80$85$90$95NovDecJan 2026FebMarAprMayJunJulAugSep81.87

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−8.4%
3 months
−8.7%
6 months
−5.6%
1 year
+5.0%
The full SWX chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open SWX in Gekko

Follow Southwest Gas through every session

Put SWX on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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About Southwest Gas

Southwest Gas supplies and moves natural gas to homes and businesses across Arizona, Nevada, and California. Its subsidiaries handle the physical delivery of gas as well as related underground infrastructure work, such as digging trenches and laying or swapping out buried pipelines, alongside upkeep of the broader distribution network. The company is recognized for combining everyday gas utility service with this kind of infrastructure support work.

The business is divided into three areas: Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage. Through these segments it reaches a wide mix of customers, including households, companies, industrial operations, and other natural gas users, with a customer count that stood at 2,159,000 as of the end of 2021.

Southwest Gas traces its founding to 1931 and runs its main offices out of Las Vegas, Nevada. Its shares trade on the NYSE under the ticker SWX.

Listed
NYSE
Sector
Utilities
Industry
Gas distributors
Website
swgasholdings.com

Southwest Gas GekkoIndex: the smart money zone

Southwest Gas’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 73.8, in the Buying zone, down 0.9 points over five sessions.

010073.8Buying

Down 0.9 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying (current zone)21+0.9%+1.6%+6.0%+15.8%
Accumulation164+0.5%+1.5%+3.0%+4.8%
Neutral474+0.2%+0.2%+0.5%+1.6%
Distribution120.0%+1.5%+2.9%+5.0%
Selling1Too few readings yet

Average SWX share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.

Buying zone: Smart money likely accumulating heavily. About the five zones →

See every daily GekkoIndex reading plotted over the SWX price, zone by zone.Track SWX in Gekko

Is Southwest Gas stock overvalued? Gekko Fair Value

Southwest Gas trades 13.5% below Gekko Fair Value of $94.68, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Southwest Gas shares are worth, recalculated every trading day.

$94.68

Gekko Fair Value, Sep 26, 2026

13.5% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open SWX in Gekko

Southwest Gas insider and Congress trading

No open-market insider purchases were filed for Southwest Gas, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for SWX in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every SWX insider filing, plotted on the chart in Gekko.Open SWX in Gekko

Congress trades last 90 days

No trades in SWX were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for SWX, plotted on the chart in Gekko.Open SWX in Gekko

Hedge funds and billionaires quarter ended Mar 31

0of the funds Gekko tracks hold SWX.

0added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

Southwest Gas earnings: next date and track record

Southwest Gas reports on Nov 4, 2026 (36 days away), and beat the EPS estimate in 3 of its last 8 reports.

3 of 8reports beat the EPS estimate
±2.2%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

+0.9%May ’24−1.0%Aug ’24−0.3%Nov ’24−4.6%Feb ’25+4.7%May ’25−1.1%Aug ’25−4.3%Nov ’25+0.5%Feb ’26

Last earnings call, Feb 25, 2026 AI summary

What they said
SWX completed its transformation to a fully regulated natural gas business with Centuri disposition in September 2025, paying down holding company debt and strengthening the balance sheet. Full year 2025 adjusted net income exceeded guidance with 8.3% adjusted ROE, driven by utility optimization and regulatory outcomes. CEO Karen Haller announced retirement with Justin Brown succeeding as CEO effective May 8. Board approved 4% dividend increase for Q2 2026.
Guidance
Company initiated 2026 adjusted EPS guidance of $4.17-$4.32 from continuing operations. Expects significant 12-14% annual EPS growth from 2025-2030, front-loaded in first three years with higher growth through 2028-2029.
ReportedEPSSurpriseRevenueSurpriseMove
Feb 25, 2026$1.36
est $1.40
−2.9%$480.7M
est $587.0M
−18.1%+0.5%
Nov 5, 2025$0.06
est $0.09
−33.3%$316.9M
est $586.7M
−46.0%−4.3%
Aug 6, 2025$0.53
est $0.42
+26.2%$1.12B
est $1.10B
+1.5%−1.1%
May 6, 2025$1.65
est $1.49
+10.4%$1.30B
est $1.50B
−13.3%+4.7%
Feb 26, 2025$1.39
est $1.23
+13.5%$1.27B
est $1.35B
−5.7%−4.6%
Nov 6, 2024$0.09
est $0.15
−40.0%$1.08B
est $1.27B
−15.2%−0.3%
Aug 6, 2024$0.31
est $0.48
−35.4%$1.18B
est $1.20B
−1.3%−1.0%
May 8, 2024$1.37
est $1.42
−3.5%$1.58B
est $1.38B
+14.5%+0.9%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Southwest Gas stock forecast and analyst price targets

Analysts’ average 12-month price target for Southwest Gas is $102.71, +25.5% from the last close, from 4 firms rating the stock in the last 90 days.

$102.71consensus 12-month target, +25.5% from the last close
Low $98High $105
Buy4
Hold0
Sell0

Each firm’s latest rating in the last 90 days: 4 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 11J.P. MorganBuy, maintained$102+24.6%
Aug 6Mizuho SecuritiesBuy, maintained$103+25.8%
Jul 22J.P. MorganBuy, maintained$102+24.6%
Jul 22Wells FargoBuy, maintained$105+28.3%
Jun 30Argus ResearchBuy, maintained$98+19.7%
+6.0%average 20-day move after past Buying readings
−0.2%average move over the next 20 trading days in the last 5 years
±2%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Southwest Gas seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Southwest Gas averaged −0.2% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

+1.0%2021+0.9%2022−5.7%2023+1.3%2024+3.8%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−1.5%2 of 5
Next 10 trading days−2.8%0 of 5
Next 15 trading days−1.2%1 of 5
Next 20 trading days−0.2%3 of 5
Next 30 trading days−1.3%3 of 5

For scale, SWX’s typical 20-trading-day move in either direction is about 3.9%.

Southwest Gas market cap and key statistics

Southwest Gas’s market cap is $5.93B, with a P/E ratio of 21.2 and revenue of $1.74B over the last twelve months.

Valuation

Market cap
$5.93B
P/E ratio
21.2
Forward P/E
17.4
EPS, TTM
$3.84
Gekko Fair Value
$94.68

Trading

Volume
644,530
Avg volume, 20 days
760,027
52-week high
$94.47
52-week low
$76.74
Shares outstanding
72.45M

Financials

Revenue, TTM
$1.74B
Profit margin
31.4%
Return on equity
6.8%
Quarterly earnings growth, YoY
+20.9%

Risk and income

Beta
0.56
Typical daily move
±2%
Typical 20-day move
±3.9%
Dividend yield
3.04%

Southwest Gas stock news this week

4 headlines about Southwest Gas from the past week, newest first, each linking to the publisher.

Southwest Gas peers

Southwest Gas’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
TRGPTarga Resources−1.2%Accumulation7.3% below
SRESempra−1.3%Buying16.1% below
CQPCheniere Energy Partners−1.1%Accumulation33.9% below
ATOAtmos Energy−0.3%Buying10.4% below
NINiSource−0.7%Buying5.1% above
BKHBlack Hills−1.1%Accumulation10.9% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Southwest Gas stock FAQ

What is Southwest Gas’s market cap?

Southwest Gas’s market cap is $5.93B at the Sep 28, 2026 close of $81.87, with 72.45M shares outstanding. The shares trade on a P/E ratio of 21.2.

What is the Southwest Gas stock forecast?

The consensus analyst 12-month price target for Southwest Gas is $102.71, +25.5% from the last close. Of the 4 firms that rated the stock in the last 90 days, 4 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Southwest Gas stock overvalued or undervalued?

On Gekko’s estimate Southwest Gas is undervalued: the Sep 28, 2026 close of $81.87 is 13.5% below Gekko Fair Value of $94.68. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Southwest Gas report earnings next?

Southwest Gas is expected to report on Nov 4, 2026 (36 days away). Analysts expect earnings of $0.17 per share on revenue of $347.0M. Southwest Gas beat the earnings estimate in 3 of its last 8 reports, moving 2.2% on average across the report.

What is Southwest Gas’s 52-week high and low?

Southwest Gas’s 52-week high is $94.47 and its 52-week low is $76.74; it closed at $81.87 on Sep 28, 2026, +5.0% over the past year. Over the last five years the shares peaked at $95.62 on May 27, 2022.

Is Southwest Gas stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and earnings risk), 2 as mixed (trend and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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