Atmos Energy (ATO)
NYSEUtilitiesUtilities - Regulated GasSnapshot 2026-07-07
$177.62+2.18%
Close 2026-07-07 · 1-day change
Reading ATO? This analysis is rebuilt every market day. Get it tracked free. No credit card.
Track ATO free→NYSEUtilitiesUtilities - Regulated GasSnapshot 2026-07-07
Reading ATO? This analysis is rebuilt every market day. Get it tracked free. No credit card.
Track ATO free→Atmos Energy plans to spend about $4.2 billion on capital in 2026. It aims for earnings per share near $8.45 this year. The company raised its dividend to $4.00 per share. It has a strong track record of beating earnings estimates.
The company cut its guidance recently, showing some trouble ahead. Utility sector valuations are falling, which could hurt the stock price. Rising debt from recent bond sales may pressure finances.
The stock price is about 9% above our fair value of $163. Analysts expect 15% revenue growth, which is priced in. Our fair value is 12% below the Street median, so the market may be optimistic.
Breaks if: Capital expenditure falls below $3.7 billion in FY26
Atmos Energy plans to increase its capital expenditure to approximately $4.2 billion for fiscal 2026.
Stated in 3 of last 3 quarters. Capital expenditure guidance for fiscal 2026 is set at approximately $4.2 billion. This represents a significant increase from the fiscal 2025 guidance of $3.7 billion, indicating a strong commitment to infrastructure investment. The trajectory is delivering on the stated priority.
Standing thesis, reviewed periodically — not a price target or advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Fiscal 2026 capital expenditure guidance expected to be approximately $4.2 billion.”
“Fiscal 2026 capital expenditure guidance expected to be approximately $4.2 billion.”
“Fiscal 2026 capital expenditure guidance expected to be approximately $4.2 billion.”
Breaks if: Dividend falls below $3.48 per share in FY26
Raise the quarterly dividend to enhance shareholder returns.
Atmos Energy has increased its annual dividend to $4.00 per share for fiscal 2026.
Stated in 2 of last 2 quarters. The annual dividend for fiscal 2026 was increased to $4.00, up 14.9% from $3.48 in fiscal 2025. This increase aligns with Atmos Energy's capital allocation strategy and reflects a commitment to returning value to shareholders.
Breaks if: EPS guidance falls below $7.35 in FY26
Atmos Energy aims to maintain its EPS guidance for fiscal 2026 in the range of $8.40 to $8.50.
Stated in 3 of last 3 quarters. EPS guidance for fiscal 2026 was raised to $8.40 - $8.50, up from the previous range of $8.15 - $8.35. This reflects a positive outlook and consistent delivery on growth targets, with EPS reaching $2.44 in 2026-Q1.
“Fiscal 2026 earnings per diluted share guidance raised to the range of $8.40 - $8.50.”
“Fiscal 2026 earnings per diluted share guidance affirmed in the range of $8.15 - $8.35.”
“Fiscal 2026 earnings per diluted share guidance expected to be in the range of $8.15 - $8.35.”
Affirm earnings per diluted share guidance for fiscal 2026.
“The indicated annual dividend for fiscal 2026 is $4.00, a 14.9% increase over fiscal 2025.”
“The indicated annual dividend for fiscal 2026 is $4.00, which represents a 14.9% increase over fiscal 2025.”