Atmos Energy CorporationNYSE: ATO
Utilities · Gas Utilities
$188.83
-0.61%
Vol: 709K
Research Digest
Friday, May 1, 2026
Atmos Energy on track for Q2 fiscal earnings May 8 with expected 10.9% EPS growth driven by customer demand and infrastructure investments.
Atmos Energy Corporation is positioned for growth with Q2 fiscal earnings expected May 8 showing projected EPS of $3.36 (up 10.9% YoY) driven by increased customer demand and infrastructure investments. The companys natural gas distribution business serves 3.4 million customers across eight states with 76,000 miles of mains. Board declared quarterly dividend of $1.00 per share (annual $4.00). Recent analyst moves include Bank of America raising target to $206 from $177 and Morgan Stanley lowering to $195 from $197.
Previous Market Intelligence
13 daysApr 30Atmos Energy outperforming utilities with 12.7% YTD gain and strong dividend growthPositive▶
Atmos Energy outperformed utility peers with 12.7% YTD gain vs. sector 10.3%. Q2 2026 earnings call scheduled May 7. February quarter EPS was $2.44, beating consensus $2.41 by $0.03. Projected Q2 EPS of $3.36 reflects 10.9% YoY growth. BofA raised price target to $206 from $177; Morgan Stanley cut target to $195 from $197. Company boasts 2.16% dividend yield with 14.9% annual increase. Stock market cap is $30.72B with P/E of 24.11. Vanguard increased holdings by 1.3% in Q4.
Apr 29Atmos Energy 14.5% profit rise on strong distribution demand; Q2 earnings May 7Positive▶
Atmos Energy reported 14.5% first-quarter profit increase benefiting from strong demand for gas distribution and pipeline facilities. Stock up 12.7% YTD outperforming utilities sector (10.3% gain). Company hosting Q2 2026 earnings call May 7. Recent analyst adjustments: BofA raised target to $206 from $177, Morgan Stanley lowered to $195 from $197. Projected EPS of $3.36 reflects 10.9% YoY growth. Company recognized as solid dividend stock: 2.16% yield with 14.9% annual dividend increase. Focused on infrastructure investment despite legal scrutiny from gas explosion lawsuit. Vanguard holds 5.62% stake.
Apr 16Barclays raises price target to $184 with equal weight rating; Sumitomo Mitsui trim stake as solid earnings drive institutional activity.Positive▶
Atmos Energy demonstrated strong Q1 earnings performance that beat analyst expectations, prompting Barclays to increase its price target from $167 to $184 while maintaining an equal weight rating on April 8. Institutional investors showed mixed sentiment with Patton Fund Management boosting holdings by 48.7% and Sumitomo Mitsui trimming stake by 2.6% in 13F filings dated April 14-15. The company continues delivering on its safety-driven organic growth strategy supporting 6-8% EPS and dividend growth through 2030, with 24 consecutive years of EPS growth and 42 years of dividend increases. Stock trades with stable analyst support.
Apr 15Barclays raises Atmos Energy price target to $184 from $167; stock rallies 79.6% over past 3 months.Positive▶
Atmos Energy has rallied 79.6% over the past three months. Barclays increased its price target from $167 to $184 on April 8, maintaining equal-weight. The company serves 3.3 million distribution customers across eight states. Q2 FY2026 earnings scheduled for May 7, 2026.
Apr 14Atmos Energy reports 14.5% first-quarter profit increase; Barclays raises price target to $184.Positive▶
Atmos Energy reported 14.5% year-over-year rise in first-quarter profit. Barclays raised price target from $167 to $184 on April 8. Stock rose 8.29% over past month and 27.81% year-over-year. Institutional investors trimmed stakes. Next earnings report May 13.
Apr 13Atmos Energy maintains mixed analyst outlook; Barclays raised price target to $184 while company faces lawsuit over Lake Dallas gas line explosion.Neutral▶
Barclays maintained Equal-Weight rating while raising price target to $184 from $167 on April 8. UBS raised target to $174 while Morgan Stanley downgraded to $172. Consensus among five analysts is Hold with average target of $182.00. Company faces pending lawsuit following Lake Dallas home explosion linked to a gas main. Regulated natural gas utility operating in eight states.
Apr 10Barclays raises Atmos Energy price target to $184; analyst maintains Equal-Weight rating on April 8.Neutral▶
Barclays analyst Nicholas Campanella raised Atmos Energy's price target from $167 to $184 on April 8 while maintaining an Equal-Weight rating. UBS raised its price target to $174, while Morgan Stanley set target at $172. Q2 2026 earnings conference call on May 7 with results released May 6 after market close.
Apr 9Atmos Energy reports 14.5% first-quarter profit rise; affirms 2026 guidance with $4.2B capex planNeutral▶
Atmos Energy reported earnings per diluted share of $2.44 on net income of $403.0 million for first fiscal quarter. Company affirmed 2026 EPS guidance of $8.15-$8.35 per diluted share and capital expenditure guidance of $4.2 billion, with 85% focused on safety and reliability. Stock rose 0.96% in past 24 hours and 2.24% over previous week. UBS raised price target to $174 while Morgan Stanley downgraded to $172. Barclays maintains Equal-Weight with target increased to $184. Average 12-month target of $180.14 from 10 analysts.
Apr 8Atmos Energy Q1 2026 profit up 14.5%; UBS raises target to $174, Morgan Stanley at $172Positive▶
Atmos Energy reported 14.5% rise in Q1 2026 profit driven by strong natural gas distribution and pipeline demand. Board declared quarterly dividend of $1.00/share; indicated annual dividend $3.48 with November dividend increase to $0.87/quarter. Recent credit facility extension (March 30) boosts liquidity. UBS raised price target to $174 while Morgan Stanley maintains $172. Current stock price $187.87 (up 0.96% daily) reflects strong fundamentals and dividend growth trajectory. Atmos Energy represents defensive natural gas utility exposure with improving profitability.
Apr 7Atmos Energy Q1 FY2026 EPS $2.44 beat; affirmed FY2026 guide; $4.2B capex plan.Neutral▶
Atmos Q1 FY26 EPS $2.44 beat $2.41. Net income $403M, $1.0B capex (85% safety/reliability). Affirmed FY26 EPS $8.15-8.35 and capex $4.2B. Dividend +14.9% to $1.00. $26B 5-year investment plan. 9 analysts Hold at $173.63.
Apr 6Atmos Energy Extends Credit Facilities; Morgan Stanley Raises Target to $197Positive▶
Atmos Energy (ATO) extended its revolving credit facilities on March 30, boosting liquidity for operations. Morgan Stanley raised its price target to $197 from $192 on March 23, signaling confidence in the company's dividend growth and earnings trajectory. UBS raised its target to $174 while another analyst downgraded the rating. Current stock price stands at $187.87, up 0.96% in the last 24 hours. The company continues to position itself as a defensive utility play amid economic uncertainty.
Apr 3Atmos Energy extends $3B credit lines amid Texas blast scrutiny; proposed 42% rate increase suspended by Burnet.Negative▶
Atmos Energy extended revolving credit facilities (two $1.5B lines to 2029 and 2031). A gas leak from 1970s-era pipe caused a Lake Dallas explosion injuring a resident. Atmos proposed a 42% rate increase in Burnet (suspended by city). Morgan Stanley raised PT to $197 from $192. Declared quarterly dividend of $1.00/share with 2.1% dividend yield.
Apr 2Atmos Energy faces Lake Dallas house explosion lawsuit; stock at $185.49; UBS raised PT to $174 while Morgan Stanley holds Underweight at $172.Negative▶
Atmos Energy officials addressed Lake Dallas house explosion from March 19 in public meeting April 2, confirming natural gas leak from 1970-era gas line as cause of blast that injured a resident and destroyed a home. Lawsuit filed against company claiming woman was buried alive. Stock trading at $185.49. UBS raised price target to $174 while Morgan Stanley maintains Underweight at $172. Company extended revolving credit facilities on March 30 to boost liquidity.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| ATOATMOS | $188.83 | -0.61% | +1.2% | 21.4x | 0.69 | $31.4B |
| NEENEXTERA | $97.22 | -0.67% | +5.5% | 22.3x | 0.73 | $204.1B |
| CEGCONSTELLATION | $308.34 | -1.49% | +13.8% | 22.8x | 1.19 | $113.4B |
| SOSOUTHERN | $97.02 | +0.33% | -0.3% | 19.6x | 0.41 | $109.0B |
| DUKDUKE | $128.89 | -0.51% | -1.4% | 18.1x | 0.45 | $100.8B |
| AEPAMERICAN | $137.20 | +0.06% | +3.6% | 19.9x | 0.57 | $74.5B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.