Atmos Energy Corp

Morgan Stanley lowered its price target on Atmos Energy to $183 from $195, maintaining an Equalweight rating. Texas remains central to the company's growth strategy.

Atmos Energy lifted its fiscal 2026 earnings outlook to $8.40-$8.50 per share and hiked its quarterly dividend to $1.00, a 14.9% annual increase, driven by robust Q2 results and Texas expansion.

Atmos Energy is set to report fiscal Q2 earnings on May 6, with analysts expecting a 10.9% EPS jump driven by rate increases and infrastructure investments. Zacks projects $3.36 per share on $2.22 billion revenue, while MarketBeat sees lower revenue.

Atmos Energy has extended $3 billion in credit facilities to 2029 and 2031, reinforcing liquidity while navigating a safety investigation and upholding its $4.2 billion fiscal 2026 capital expenditure target.