Atmos Energy CorporationNYSE: ATO
Utilities · Gas Utilities
$169.61
-4.42%
Vol: 35K
Research Digest
Monday, June 15, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21Atmos Energy beat Q2 with $3.47 EPS, raised FY26 guidance to $8.40-$8.50 and hiked dividend 14.9%Positive▶
Atmos Energy reported strong fiscal Q2 2026 results with adjusted EPS of $3.47, beating consensus of $3.37 and up 14.5% YoY. The company raised its fiscal 2026 EPS guidance to $8.40-$8.50 and announced a $1.00 quarterly dividend with ex-date May 26, putting annual payout on pace for a 14.9% increase. Operating income rose 21.6% to $764.8M aided by a 16.1% drop in O&M expenses. TD Cowen raised its price target to $196 while Truist lowered theirs to $187. The company is funding a $4.2B capital plan. Risk: shares have eased 4.3% over the past month despite strong fundamentals, suggesting valuation concerns.
May 20Atmos Energy raises FY26 EPS guidance to $8.40-$8.50 after Q2 beat with $3.47 adjusted EPS.Positive▶
Atmos Energy posted strong fiscal Q2 2026 results, with adjusted EPS of $3.47 vs Zacks consensus $3.37, up 14.5% year over year. Operating income rose 21.6% to $764.8M, helped by a 16.1% drop in O&M expenses to $195.8M. The company raised FY26 EPS guidance to $8.40-$8.50 (from $8.15-$8.35) and reaffirmed $4.2B capex guidance, with over 85% directed toward safety and reliability. The board declared a $1.00/share quarterly dividend (up 14.9% YoY) with an ex-date of May 26. Financial position remains strong with 60.9% equity capitalization and $4.1B liquidity. Analyst response: TD Cowen raised its target to $196 from $193 (Hold), Citi raised to $191 from $182 (Neutral); the 1-month share price is down 4.30%.
May 19Atmos Energy lifts FY2026 EPS guidance to $8.40-$8.50 after Q2 beat; TD Cowen raises PT to $196Positive▶
Atmos Energy posted fiscal Q2 2026 adjusted EPS of $3.47 (vs. $3.43 estimate), up 14.5% YoY, with operating income up 21.6% to $764.8M and net income up 19.8% to $581.9M. The utility raised its FY2026 EPS guidance to $8.40-$8.50 (from $8.15-$8.35) and increased its quarterly dividend ~14.9% to $1.00 per share, ex-date May 26, 2026. Capital expenditure guidance for FY2026 stands at approximately $4.2 billion, with over 85% directed at safety and reliability. TD Cowen raised its price target to $196 from $193, maintaining a Hold rating. Risk: revenue of $1.96B missed the $2.12B consensus, and questions about share dilution remain even as guidance moves higher.
May 18Atmos Energy beat Q2 FY26 EPS at $3.47 (vs $3.43 est), raised FY26 guidance to $8.40-$8.50, and hiked dividend 14.9% to $1.00/quarterPositive▶
Atmos Energy reported fiscal Q2 2026 adjusted EPS of $3.47, beating consensus of $3.43, up 14.5% YoY from $3.03. Operating income rose 21.6% to $764.8M aided by a 16.1% drop in O&M expenses. Revenue of $1.96B missed estimates by ~$160M. Net income climbed 19.84% to $581.9M. The company raised fiscal 2026 EPS guidance to $8.40-$8.50 from $8.15-$8.35 and declared a $1.00/share quarterly dividend, up 14.9%. Stock trades near 52-week high around $181. TD Cowen raised PT to $196 (Hold) and Citi raised PT to $191 (Neutral).
May 15Atmos Energy raises FY2026 EPS guidance to $8.40-$8.50 after Q2 blowout as BofA hikes price target to $206Positive▶
Atmos Energy delivered a major Q2 fiscal 2026 beat in early May with EPS of $5.92 vs $3.38 forecast and revenue of $2.06B vs $1.89B estimate, prompting management to raise FY26 EPS guidance to $8.40-$8.50 from $8.15-$8.35. YTD fiscal 2026 net income reached $985M on $2B of capex, of which 89% targeted distribution, transmission, and underground storage safety/reliability. The company added 51,000+ new customers in the trailing 12 months (39,000+ in Texas) and increased its dividend 14.9%. Bank of America raised its price target to $206 from $177 (Neutral) and Citi lifted its target to $191 from $182 (Neutral). Shares slipped 2.88% after-hours to $181.86 on the print but ATO is up 12.7% YTD vs sector's 10.3%. A gas explosion lawsuit remains a legal overhang.
May 14Atmos Energy raises FY2026 EPS guidance to $8.40-$8.50 after Q2 EPS beat of $3.47 and 14.9% dividend hikePositive▶
Atmos Energy reported fiscal Q2 2026 adjusted EPS of $3.47 vs. $3.37 estimate (up 14.5% YoY) on May 6, with operating income up 21.6% to $764.8M. Management raised FY2026 EPS guidance to $8.40-$8.50 from $8.15-$8.35 and declared a $1.00 quarterly dividend, up 14.9%. Citi raised its price target to $191 from $182, maintaining Neutral. Stock trading near $183 close to its 52-week high. The utility benefits from regulated rate-base growth and consistent gas distribution demand.
May 13No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 12Atmos Energy raises FY26 EPS guidance to $8.40-$8.50 after Q2 beat, hikes dividend 14.9% to $1.00 quarterlyPositive▶
Atmos Energy raised fiscal 2026 EPS guidance to $8.40-$8.50 (from $8.15-$8.35) after fiscal Q2 (ended March 31) EPS of $3.47 beat $3.43 consensus on $1.96B revenue (missed $2.12B estimate). Management cited rate increases, customer growth, Texas regulatory tailwinds, and stronger Atmos Pipeline-Texas through-system revenue. The board declared a $1.00 quarterly dividend, a 14.9% increase—marking its 170th consecutive quarterly payout. Capital expenditures were $2.0B with over 85% focused on safety and reliability. Stock is up 7.9% YTD, outpacing the 5.2% utilities sector average.
May 11Atmos Energy raises FY2026 EPS guidance to $8.40-$8.50 after Q2 beat and announces 170th consecutive dividendPositive▶
On May 6, 2026, Atmos Energy reported Q2 fiscal 2026 EPS of $3.47 vs $3.43 estimate but revenue of $1.96B missed $2.12B estimate. Management raised full-year EPS guidance to $8.40-$8.50 from $8.15-$8.35, with Texas Rule 7.7102 expected to drive $155M-$165M pretax impact. The company declared a $1.00 quarterly dividend (up 14.9% YoY), payable June 8 to shareholders of record May 26 - its 170th consecutive quarterly dividend. Fiscal 2026 capex guidance remains $4.2 billion with 85%+ for safety/reliability. Citi raised PT to $191 from $182 keeping Neutral.
May 8Atmos Energy raised fiscal 2026 EPS guidance to $8.40-$8.50 after Q2 earnings beat with $5.92 EPS.Positive▶
Atmos Energy reported Q2 fiscal 2026 earnings of $5.92 per diluted share on net income of $984.9 million, exceeding expectations with 75.15% EPS surprise and 8.99% revenue surprise. The company raised fiscal 2026 guidance from $8.15-$8.35 to $8.40-$8.50 per share. The Board declared a $1.00 quarterly dividend, marking the 170th consecutive quarterly dividend. Capital expenditures totaled $2.0 billion with over 85% focused on safety and reliability. Analyst BofA raised price target to $206 from $177 on April 27, 2026.
May 7Atmos Energy raised fiscal 2026 EPS guidance to $8.40-$8.50 and increased quarterly dividend by 14.9% on May 6, 2026.Positive▶
Atmos Energy reported Q2 fiscal 2026 EPS of $5.92 and raised full-year 2026 EPS guidance from $8.15-$8.35 to $8.40-$8.50. The company declared a quarterly dividend of $1.00 per share (up 14.9%), marking the 170th consecutive quarterly dividend. Capital expenditure guidance increased to $4.2 billion. Strong balance sheet with 60.9% equity capitalization and $4.1 billion in available liquidity.
May 6Atmos Energy reports Q1 2026 earnings beat $1.28 EPS (vs $1.17 forecast), reaffirms 2026 guidancePositive▶
Atmos Energy delivered Q1 2026 net income of $357 million, or $1.28 EPS, beating consensus estimate of $1.17 by $0.11. Company reaffirmed 2026 earnings guidance of $5.25-$5.45 per share. Over $1.5 billion deployed for infrastructure improvements, avoiding 4.3 million outage minutes. Bowling Green Energy Center (50 MW) online in March, Split Rail Center (300 MW) in commissioning. BofA raised price target to $206 from $177 on April 27; Morgan Stanley lowered to $195 from $197. AI data center demand and infrastructure modernization support growth, though gas explosion litigation and regulatory scrutiny present downside risks.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| ATOATMOS | $169.61 | -4.42% | -0.6% | 19.9x | 0.65 | $29.6B |
| NEENEXTERA | $85.63 | -4.53% | +0.7% | 20.4x | 0.72 | $187.1B |
| SOSOUTHERN | $93.62 | -0.66% | +0.6% | 19.2x | 0.36 | $106.2B |
| CEGCONSTELLATION | $260.28 | -8.94% | +9.1% | 21.1x | 1.16 | $103.2B |
| DUKDUKE | $124.93 | +0.22% | +1.5% | 17.4x | 0.40 | $97.2B |
| AEPAMERICAN | $128.54 | -0.83% | +1.5% | 18.9x | 0.55 | $70.5B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.