Nama's AI scorecard currently rates Southwest Gas Hold (5.2 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.

What is SWX's P/E ratio?

Southwest Gas trades at a trailing price-to-earnings ratio of 23.3.

When does SWX report earnings?

Southwest Gas's next scheduled report is on Feb 24, 2027. Analysts expect EPS of $1.78.

What is the SWX price target?

The median analyst price target from 9 analysts is $103.00, with a range of $93.00 – $107.00.

Is SWX Shariah compliant?

Nama's AAOIFI-style screen reads Southwest Gas as Not Shariah Compliant. At least one of the three ratios or the industry test failed.

Does SWX pay a dividend?

Yes — Southwest Gas's dividend yield is 2.8%.

Nama Insights

Southwest Gas (SWX)

Utilities · Utilities Regulated Gas · NYSE

Southwest Gas (SWX) is a Utilities company in the Utilities Regulated Gas industry. It has a market capitalization of $6.62B, a trailing price-to-earnings ratio of 23.3 and a free-cash-flow yield of -3.8%. Over the most recent reported fiscal year, revenue declined 21.6% and free cash flow per share fell 149.2%. Nama's AI scorecard rates it Hold, 5.2 out of 10. On 12-month momentum it ranks in the middle band of its market.

AI scorecard

Hold · 5.2/10

The sections balance. As of Nov 7, 2026.

Momentum

Middle · +4.6% over 12 months ex. last

Middle fifth of its market on the past year's move.

Shariah screen

Not Shariah Compliant

At least one of the three ratios or the industry test failed.

Off its high

-4.5%

How far the last close sits under the highest price of the past five years.

Market cap	$6.62B
Trailing P/E	23.3
Price / book	1.6
Price / sales	3.8
FCF yield	-3.8%
Dividend yield	2.8%
Gross margin	54.0%
Operating margin	29.1%
Net margin	29.8%
Revenue growth (YoY)	-21.6%
Revenue growth (3-yr annual)	-26.9%
EPS growth (YoY)	+13.9%
FCF/share growth (YoY)	-149.2%
Beta	0.6
Exchange	NYSE
Sector	Utilities
Industry	Utilities Regulated Gas

SWX earnings

Next report: Feb 24, 2027 (Q4 2026, EPS estimate $1.78). Beat the EPS estimate in 2 of 4 recent quarters.

Quarter	Reported	EPS	Estimate	Surprise	Revenue
Q3 2026	Nov 4, 2026	$0.20	$0.15	+33.3%	$298.18M
Q2 2026	Aug 5, 2026	$0.45	$0.44	+2.3%	$358.15M
Q1 2026	May 5, 2026	$1.91	$2.07	-7.7%	$585.12M
Q4 2025	Feb 25, 2026	$1.36	$1.38	-1.4%	$480.74M

SWX analyst price target

Median target $103.00 from 9 analysts, ranging $93.00 – $107.00.

Utilities Regulated Gas peers

Ticker	Company	Market cap	P/E
ATO	Atmos Energy	$29.27B	20.4
NI	NiSource	$21.18B	22.1
UGI	UGI	$7.94B	12.7
BKH	Black Hills	$6.47B	19.7
NJR	New Jersey Resources	$5.51B	14.9
SR	Spire	$5.25B	18.5
OGS	ONE Gas	$5.09B	16.6
BIPC	Brookfield Infrastructure	$4.88B	—

Explore live SWX data on Nama Insights →

Recent Congressional trades

Southwest Gas trades disclosed by members of the US House and Senate under the STOCK Act. See the full Congress trades board →

Member	Chamber	Trade	Amount	Disclosed
Michael Patrick Guest	House	Buy	$1,001 - $15,000	Aug 23, 2023

SWX FAQ

Is SWX a buy?: Nama's AI scorecard currently rates Southwest Gas Hold (5.2 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is SWX's P/E ratio?: Southwest Gas trades at a trailing price-to-earnings ratio of 23.3.
When does SWX report earnings?: Southwest Gas's next scheduled report is on Feb 24, 2027. Analysts expect EPS of $1.78.
What is the SWX price target?: The median analyst price target from 9 analysts is $103.00, with a range of $93.00 – $107.00.
Is SWX Shariah compliant?: Nama's AAOIFI-style screen reads Southwest Gas as Not Shariah Compliant. At least one of the three ratios or the industry test failed.
Does SWX pay a dividend?: Yes — Southwest Gas's dividend yield is 2.8%.