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You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the ATO quote. The company serves natural gas distribution customers from the Blue Ridge Mountains in the East to the Rocky Mountains in the West. The company operates miles of transmission and distribution lines as well as miles of interstate pipelines.

The Atmos Energy 52-week high stock price is 121.92, which is 6.8% above the current share price. For the last reported quarter, it was expected that Atmos would post earnings of $1.93 per share when it actually produced earnings of $1.91, delivering a surprise of -1.04%. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 , 2 or 3 .

Kim R. Cocklin has an approval rating of 91% among the company’s employees. This puts Kim R. Cocklin in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. In the past three months, Atmos Energy insiders have sold more of their company’s stock than they have bought.

However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -0.63%. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 or 5 . You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.

Represents the company’s profit divided by the outstanding shares of its common stock. The Company is engaged primarily in the natural gas utility business as well as other natural gas nonutility businesses. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Recent stocks from this report have soared up to +178.7% in 3 months – this month’s picks could be even better. The consensus EPS estimate for ONE Gas has been revised 1.1% lower over the last 30 days to the current level.

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Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. So, this combination makes it difficult to conclusively predict that Atmos will beat the consensus EPS estimate.

On the other hand, the what is capital currently carries a Zacks Rank of #3. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time. Verify your identity, personalize the content you receive, or create and administer your account. Upgrade to MarketBeat All Access to add more stocks to your watchlist. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

• Favorable rate regulation and large infrastructure investment opportunities have driven strong earnings growth and steady dividend increases for Atmos Energy.
• This represents a $2.96 annualized dividend and a dividend yield of 2.59%.
• This puts Kim R. Cocklin in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
• By Sarina Isaacs Investing.com – Here are the companies raising their dividend payouts this week, all first covered on InvestingPro+ – with several hikes predicted by data from StreetInsider…
• To calculate, start with total shares outstanding and subtract the number of restricted shares.
• That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success.

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Join thousands of traders who make more informed decisions with our premium features. Real-time quotes, advanced visualizations, backtesting, and much more. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns.

Reasons to Add Atmos Energy (ATO) to Your Portfolio Right Now

“Following recent market rumors about a potential transaction involving Atos, the Company… Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 3. By Sarina Isaacs Investing.com – Here are the companies raising their dividend payouts this week, all first covered on InvestingPro+ – with several hikes predicted by data from StreetInsider… To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. We’d like to share more about how we work and what drives our day-to-day business.

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This quarter’s revenue is expected to be $836.55 million, down 13.9% from the year-ago quarter. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. Over the last four quarters, the company has beaten consensus EPS estimates two times.

Specifically, they have bought $0.00 in company stock and sold $1,464,250.00 in company stock. This payout ratio is at a healthy, sustainable level, below 75%. Atmos Energy pays a meaningful dividend of 2.60%, higher than the bottom 25% of all stocks that pay dividends. Atmos Energy has a short interest ratio (“days to cover”) of 7.9.

4 people have added Atmos Energy to their MarketBeat watchlist in the last 30 days. 13 people have searched for ATO on MarketBeat in the last 30 days. This is an increase of 550% compared to the previous 30 days. MarketBeat has tracked 8 news articles for Atmos Energy this week, compared to 4 articles on an average week.

These utilities feature low payout ratios, solid investment opportunities, and constructive regulatory environments–though they’re not cheap. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.

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For Atmos, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company’s earnings prospects. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model’s predictive power is significant for positive ESP readings only. Estimate revisions ahead of a company’s earnings release offer clues to the business conditions for the period whose results are coming out.

• Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they’ve reported.
• Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate.
• The consensus EPS estimate for the quarter has been revised 3.02% higher over the last 30 days to the current level.
• To see all exchange delays and terms of use please see Barchart’s disclaimer.
• Data may be intentionally delayed pursuant to supplier requirements.

The Pipeline and Storage segment includes pipeline and storage operations of Atmos Pipeline-Texas division and natural gas transmission operations. The company was founded in 1983 and is headquartered in Dallas, TX. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.27% per year. These returns cover a period from January 1, 1988 through April 3, 2023.

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The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. Real-time analyst ratings, insider transactions, earnings data, and more. Based on earnings estimates, Atmos Energy will have a dividend payout ratio of 46.11% next year. This indicates that Atmos Energy will be able to sustain or increase its dividend. According to analysts’ consensus price target of $123.25, Atmos Energy has a forecasted upside of 8.0% from its current price of $114.14. The Atmos Energy 52-week low stock price is 97.71, which is 14.4% below the current share price.

Atmos Energy Corp. engages in the provision of natural gas services. It operates under the Distribution, and Pipeline and Storage business segments. The Distribution segment is involved in regulated natural gas distribution and related sales operations.

Value https://1investing.in/ frequently look for companies that have low price/book ratios. Atmos Energy issued an update on its FY 2023 earnings guidance on Tuesday, February, 7th. The company provided EPS guidance of $5.90-$6.10 for the period, compared to the consensus EPS estimate of $6.00. As of April 15th, there was short interest totaling 6,530,000 shares, an increase of 6.5% from the March 31st total of 6,130,000 shares. Based on an average daily volume of 826,700 shares, the short-interest ratio is presently 7.9 days. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 .

ATO Stock – Frequently Asked Questions

ATO has a forward dividend yield of 2.58%.SeeATO’s full dividends and stock split historyon the Dividend tab. In a post-pandemic world, most utilities’ dividends offer investors an attractive income alternative. 70 employees have rated Atmos Energy Chief Executive Officer Kim R. Cocklin on Glassdoor.com.

The largest negative impact of Atmos Energy in category “GHG emissions” is driven by its “Natural gas distribution services” product. 4.56% of the outstanding shares of Atmos Energy have been sold short. Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next days. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

More value-oriented stocks tend to represent financial services, utilities, and energy stocks. Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2023. This widely-known consensus outlook gives a good sense of the company’s earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. Intraday Data provided by FACTSET and subject to terms of use.

This segment distributes natural gas to approximately 3.3 million residential, commercial, public authority, and industrial customers. As of September 30, 2022, it owned 73,243 miles of underground distribution and transmission mains. The Pipeline and Storage segment engages in the pipeline and storage operations. As of September 30, 2022, it owned 5,652 miles of gas transmission lines. Atmos Energy Corporation was founded in 1906 and is headquartered in Dallas, Texas.