Atmos Energy (NYSE:ATO – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 7.050-7.250 for the period, compared to the consensus EPS estimate of 7.140. The company issued revenue guidance of -. Atmos Energy also updated its FY25 guidance to $7.05-7.25 EPS.
Analysts Set New Price Targets
A number of research analysts have recently commented on the company. Jefferies Financial Group began coverage on Atmos Energy in a report on Wednesday, October 2nd. They set a “hold” rating and a $155.00 price target for the company. LADENBURG THALM/SH SH increased their target price on shares of Atmos Energy from $144.00 to $150.50 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. JPMorgan Chase & Co. upped their price target on Atmos Energy from $134.00 to $144.00 and gave the company an “overweight” rating in a report on Thursday, August 15th. Barclays boosted their price objective on Atmos Energy from $129.00 to $144.00 and gave the company an “equal weight” rating in a research report on Monday, October 7th. Finally, Morgan Stanley raised their target price on Atmos Energy from $128.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 25th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $143.94.
View Our Latest Research Report on Atmos Energy
Atmos Energy Price Performance
Atmos Energy (NYSE:ATO – Get Free Report) last released its earnings results on Wednesday, August 7th. The utilities provider reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.03. The company had revenue of $701.55 million during the quarter, compared to the consensus estimate of $924.75 million. Atmos Energy had a return on equity of 8.92% and a net margin of 25.09%. During the same quarter in the previous year, the company posted $0.94 earnings per share. Equities research analysts predict that Atmos Energy will post 7.16 EPS for the current fiscal year.
Atmos Energy Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, December 9th. Shareholders of record on Monday, November 25th will be paid a $0.87 dividend. This is a positive change from Atmos Energy’s previous quarterly dividend of $0.81. The ex-dividend date of this dividend is Monday, November 25th. This represents a $3.48 annualized dividend and a yield of 2.41%. Atmos Energy’s dividend payout ratio is presently 46.87%.
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.
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