ATO Stock Recent News

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

Atmos (ATO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

ATO stock is a good pick in the utility space, given its growth prospects, debt management and ability to increase shareholders' value.

5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (January 2025)

Atmos Energy just hiked its dividend for the 41st consecutive year. The gas utility plans on investing $24 billion in capex over the next five fiscal years. Atmos Energy possesses an A- credit rating from S&P on a stable outlook.

Atmos Energy has shown moderate performance in 2024, gaining 19%, but lagging behind the market rally due to its less cyclical, regulated utility nature. The company's secure cash flow supports stable dividends, though EPS growth is slower due to necessary debt and equity issuance for capital programs. Atmos targets 7.4% EPS growth in 2025, driven by a significant capital spending plan and favorable regulatory environments, particularly in Texas. I view this as credible.

Since my buy article in June, Atmos Energy has nearly tripled the total returns of the S&P 500 index. The natural gas utility continues to possess a healthy growth outlook. Atmos Energy's balance sheet is A-rated by S&P.

Here is how Atmos Energy (ATO) and Entergy (ETR) have performed compared to their sector so far this year.

DALLAS--(BUSINESS WIRE)--Atmos Energy Corporation (NYSE: ATO) will host a conference call on Thursday, November 7, 2024, at 10 a.m. Eastern to review the company's Fiscal 2024 year-end and fourth quarter financial results. Atmos Energy will release these results on Wednesday, November 6, 2024, following the market close. To listen to the conference call, please dial either the toll-free or international number provided below. You may also listen to the call on the Atmos Energy website at www.at.

This strategy equates to a 3.6% return, or 28% on an annualized basis.