Atmos Energy (NYSE:ATO – Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 7.050-7.250 for the period, compared to the consensus earnings per share estimate of 7.180. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
ATO has been the topic of a number of research reports. Argus upgraded Atmos Energy from a “hold” rating to a “buy” rating and set a $150.00 price target on the stock in a research report on Friday, December 20th. Morgan Stanley decreased their price objective on Atmos Energy from $145.00 to $143.00 and set an “overweight” rating on the stock in a report on Friday, November 22nd. StockNews.com raised Atmos Energy from a “sell” rating to a “hold” rating in a research note on Thursday, November 7th. Mizuho lifted their price target on shares of Atmos Energy from $148.00 to $165.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 27th. Finally, Bank of America initiated coverage on shares of Atmos Energy in a report on Friday, December 13th. They issued a “buy” rating and a $156.00 price objective for the company. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $148.75.
Atmos Energy Trading Down 0.6 %
Atmos Energy (NYSE:ATO – Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The utilities provider reported $2.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.20 by $0.03. Atmos Energy had a net margin of 25.04% and a return on equity of 8.83%. As a group, sell-side analysts predict that Atmos Energy will post 7.18 EPS for the current year.
Atmos Energy Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Tuesday, February 25th will be given a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a dividend yield of 2.44%. Atmos Energy’s dividend payout ratio is currently 50.66%.
Insider Activity at Atmos Energy
In other Atmos Energy news, Director Edward Geiser purchased 2,500 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The stock was bought at an average cost of $144.89 per share, for a total transaction of $362,225.00. Following the purchase, the director now directly owns 2,602 shares in the company, valued at $377,003.78. The trade was a 2,450.98 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.48% of the stock is currently owned by company insiders.
About Atmos Energy
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.
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