Southwest Gas Holdings stock
SWXNYSESouthwest Gas Holdings, Inc., UtilitiesISIN US8448951025
46Score 46 out of 100, Weak
We are checking this figure against the original source: debt.
Price and trend
63 / 100
Price history
+14% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 4.6% above it.
Since October 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 58).
The price is 1.5% below its 52-week high. Largest decline in 20 years: 56% (February 2007 to March 2009).
Chart figures for advanced users
- SMA 50$87.34
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$88.57
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)58
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$79.02
- The lowest closing price of the last twelve months.
- Resistance$94.05
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Southwest Gas Holdings, Inc. belongs to the Regulated Gas industry (United States) and, with a market value of $6.72B, is number 15 of 27 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $1.94B (down 62% year on year) and earnings of $439.83M (up 121.2%).
- MEQIRI Score 46 out of 100 (Weak): rank 170 of 201 in Utilities, median 54.
Show more
- The P/E is 25.7 (Regulated Gas median 19.6, own median of recent years 20.7).
- Our model puts fair value at $72.18, with the price 28% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Reliable dividendNo dividend cut for 35 years.
- Analysts expect strong earnings growthUp 15.1% a year through 2028 (estimates from 6 analysts).
Weaknesses
- DilutionShare count up 29% since 2020.Capital allocation 26
- Margin may fall backOperating margin 24.4%, average of the prior years 9.5%, which ranged from −0.5% to 12.8%. After peaks like this, the margin was more than a quarter lower two years later in 44 of 100 cases, against 24 of 100 for other companies with high margins.Profitability 53
- Revenue shrinkingRevenue down 10.1% a year since 2020.Growth 20
Its standout strength is momentum, while capital allocation and growth hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among smaller stocks.
From 2016 to 2025, 20 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- weak fundamentals
What lowers it
- low growth grade (crashed less often in the backtest)
- price near its 52-week high
Valuation
Valuation signal
Significantly overvaluedIn our model the price counts as cheap below $60.15 and expensive above $90.23 (uncertainty low, based on the price swings of the past year).
The two parts of the fair value come to $73.62 (cash-flow model) and $70.74 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is above both.
Calculated with a cost of equity of 7.4%. At 8.4% the fair value would be $64.12, at 6.4% it would be $86.52.
Valuation metrics
Half from the dividend model, half from earnings times the industry P/E (19.6).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue fell 57% on the twelve months before. Revenue has changed sharply in recent years: $1.94B in 2025 after $5.43B in 2023.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 29%, operating 24%, net not measured.
Debt & balance sheet
latest quarterDebt is moderate, but interest coverage is weak. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 24 Feb 2027in 104 days
- Last reported
- 4 Nov 2026EPS reported $0.20 (expected $0.14)above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $4.26−0.1%
- Revenue
- $1.94B−0.4%
- Earnings per share
- $5.02+0.2%
- Revenue
- $2.06B+0.3%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: +3.8%2026 and long-term guidance reaffirmed, with higher capital spending and rate base expected only in the February planning refresh.
“We plan to incorporate these updates into our long-term capital expenditures, rate base and earnings guidance expectations as part of our annual 5-year planning refresh, which typically concludes in February.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 5 Aug 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. One insider sold, $204,519 in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
- Williams Julie M.Sale
28 Sept 2026, SVP/Cont. Improvement and Opt.
- Shares
- 2,500
- Price
- $81.81
- Value
- $204,519
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Southwest Gas Holdings
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
201 rated companies in Utilities
- This company
- 46
- Sector median
- 54
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Regulated Gas
The next larger and next smaller companies by market value
- ENN Natural Gas600803.SS $9.61B62
- UGIUGI $8.05B55
- ENN Energy Holdings2688.HK $7.03B59
- Adani Total GasATGL.NS $6.83B51
- Black HillsBKH $6.65B58
- New Jersey ResourcesNJR $5.56B56
- SpireSR $5.22B51
- EnagásENG.MC $5.19B51
ETFs that hold Southwest Gas Holdings
Held by 19 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares Dow Jones U.S. Select Dividend UCITS ETF (DE)EXX5 | 0.49% | 0.31% | €415.03M |
| Xtrackers Russell 2000 UCITS ETF 1CXRS2 | 0.23% | 0.30% | €2.17B |
| State Street SPDR Russell 2000 U.S. Small Cap UCITS ETF (Acc)ZPRR | 0.23% | 0.30% | €4.22B |
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| iShares Global Infrastructure UCITS ETF Accum USDCBUX | 0.20% | 0.65% | €217.04M |
| State Street SPDR S&P 400 U.S. Mid Cap UCITS ETF (Acc)SPY4 | 0.19% | 0.30% | €5.27B |
| iShares MSCI USA Small Cap CTB Enhanced ESG UCITS ETFSXRG | 0.16% | 0.43% | €2.48B |
| WisdomTree US High Dividend UCITS ETF AccWTD9 | 0.16% | 0.29% | €182.46M |
| WisdomTree US Equity Income UCITS ETF EUR Hedged AccWTDY | 0.15% | 0.35% | €204.34M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 27 Oct 2026)
- Valuation signal Overvalued since 7 Nov 2026, previously Fairly valued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.