SWX — Southwest Gas Holdings Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Southwest Gas Holdings Inc

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. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$89.20
Market Cap$6.43B
Float71.9M
Shares Outstanding72.4M
P/E (Forward)21.74
P/E (TTM)26.94
Price/Sales (TTM)3.62
vs. Analyst Target+12.1% to analyst PT
Profit Margin26.10%
Operating Margin (TTM)37.86%
Revenue (TTM)$1.78B
Earnings Growth (YoY)20.90%
Dividend Rate2.6%
Analyst Target Price$100.00 (8 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $3.30B $232M $818M $748M
2021 $3.68B $201M $821M $737M
2022 $4.96B -$203M $995M $440M
2023 $5.43B $151M $1.02B $931M
2024 $5.11B $199M $1.01B $977M
2025 $1.94B $440M $568M $865M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $1.12B -$12.9M
Sep 2025 $317M $270M
Dec 2025 $481M $68.4M
Mar 2026 $585M $138M

Ownership & Float

Insider Ownership0.6%
Institutional Ownership92.0%
Short Float2.1%
% of All Funds Holding4.48%
Number of Funds Holding368

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$90.05Near-term / short-term trend
Weekly40-Week SMA$83.90Medium-term trend
Weekly80-Week SMA$78.99Cyclical trend (business cycle)
Weekly200-Week SMA$71.97Secular trend (multi-year)
Monthly10-Month SMA$84.19Near-term monthly trend
Monthly20-Month SMA$79.11Medium-term monthly trend
Monthly40-Month SMA$72.53Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$83.00 support 1.87x 2 months ago
$75.00 support 1.15x 9 months ago
$68.00 support 1.03x 25 months ago

Historical Earnings Reactions (121 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.04% 0.00% 46.28% 3.01% -5.67%
1 Day -0.45% -0.42% 42.98% 10.51% -6.79%
1 Week 0.06% 0.26% 53.72% 10.08% -16.16%
2 Weeks -0.22% 0.34% 52.89% 12.00% -26.43%
1 Month 1.04% 0.17% 52.50% 15.02% -19.02%

Next earnings: July 24, 2026 (57 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan2.6%62.7%51
Feb-1.0%43.1%51
Mar2.4%60.8%51
Apr1.4%60.8%51
May-0.5%50.0%50
Jun1.5%56.0%50
Jul0.7%52.0%50
Aug-1.3%42.0%50
Sep0.2%48.0%50
Oct0.9%52.0%50
Nov-0.3%40.0%50
Dec0.4%49.0%51

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.02% 42.7% 2384
Tuesday 0.04% 43.5% 2586
Wednesday 0.02% 40.9% 2587
Thursday 0.03% 43.4% 2537
Friday 0.04% 42.8% 2524

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 92.0%

Insider Transactions — Smart Summary

Total insider ownership: 0.6%

12-Month Insider Activity Summary

Total Filings5
Net Value-$770,510.24
Net Shares Change-20,333,504
% of Float-28.3%
C-Suite Filings2
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Southwest Gas Holdings, Inc. -$367M 1 1 sell
ICAHN CARL C -$117M 1 1 sell
Stefani Robert J SVP/CFO/Controller -$525,000 1 1 sell
Brown Justin L President/Southwest Gas Corp. -$245,510.24 1 N/A
Sandoval Brian E +$1,885.68 1 1 buy

Significant Filings

DateInsiderTitleNet ValuePrice After
2025-09-11 Sandoval Brian E +$1,885.68 Transaction at $78.57, now +13.5%
2025-06-30 Stefani Robert J SVP/CFO/Controller -$525,000 Transaction at $75.00, now +18.9%
2025-09-26 ICAHN CARL C -$117M Transaction at $77.91, now +14.5%
2025-08-12 Southwest Gas Holdings, Inc. -$367M Transaction at $19.50, now +357.4%
2026-01-13 Brown Justin L President/Southwest Gas Corp. -$245,510.24 Transaction at $81.08, now +10.0%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Southwest Gas Holdings Inc (SWX) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for SWX on Trend Edge →