Atmos Energy (NYSE:ATO) Updates FY25 Earnings Guidance

Atmos Energy (NYSE:ATO) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $7.05-7.25 for the period, compared to the consensus earnings per share estimate of $7.13. Atmos Energy also updated its FY 2025 guidance to 7.050-7.250 EPS.

Atmos Energy Trading Up 1.9 %

Shares of ATO stock traded up $2.75 during mid-day trading on Friday, reaching $144.19. The stock had a trading volume of 801,744 shares, compared to its average volume of 709,664. The firm has a market capitalization of $22.38 billion, a PE ratio of 20.98, a price-to-earnings-growth ratio of 2.77 and a beta of 0.68. Atmos Energy has a 52-week low of $110.40 and a 52-week high of $145.27. The stock’s 50-day moving average price is $138.29 and its two-hundred day moving average price is $126.80. The company has a current ratio of 1.73, a quick ratio of 1.57 and a debt-to-equity ratio of 0.65.

Atmos Energy (NYSE:ATO) last announced its quarterly earnings data on Wednesday, August 7th. The utilities provider reported $1.08 EPS for the quarter, beating the consensus estimate of $1.05 by $0.03. Atmos Energy had a return on equity of 8.92% and a net margin of 25.09%. The business had revenue of $701.55 million during the quarter, compared to analyst estimates of $924.75 million. During the same quarter last year, the firm posted $0.94 earnings per share. Equities analysts expect that Atmos Energy will post 7.16 earnings per share for the current fiscal year.

Atmos Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 9th. Shareholders of record on Monday, November 25th will be paid a dividend of $0.87 per share. This is a positive change from Atmos Energy’s previous quarterly dividend of $0.81. This represents a $3.48 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date of this dividend is Monday, November 25th. Atmos Energy’s dividend payout ratio (DPR) is currently 46.87%.

Wall Street Analysts Forecast Growth

ATO has been the topic of a number of research reports. LADENBURG THALM/SH SH raised their price target on Atmos Energy from $144.00 to $150.50 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. Morgan Stanley increased their target price on Atmos Energy from $128.00 to $140.00 and gave the company an “overweight” rating in a research report on Wednesday, September 25th. Wells Fargo & Company lifted their price target on Atmos Energy from $145.00 to $156.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 16th. StockNews.com upgraded Atmos Energy from a “sell” rating to a “hold” rating in a research report on Thursday. Finally, Barclays raised their price objective on Atmos Energy from $129.00 to $144.00 and gave the company an “equal weight” rating in a research note on Monday, October 7th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Atmos Energy currently has an average rating of “Moderate Buy” and an average price target of $143.94.

Atmos Energy Company Profile

Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states.