Atmos Energy Corp. Declares Quarterly Dividend of $0.37 (ATO)
Atmos Energy Corp. (NYSE:ATO) declared a quarterly dividend on Tuesday, February 4th, Stock Ratings Network.com reports. Stockholders of record on Monday, February 24th will be given a dividend of 0.37 per share on Monday, March 10th. This represents a $1.48 dividend on an annualized basis and a yield of 3.16%.
ATO has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Atmos Energy Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, November 27th. They now have a $50.20 price target on the stock. Analysts at Barclays raised their price target on shares of Atmos Energy Corp. from $46.00 to $50.00 in a research note to investors on Wednesday, November 13th. They now have an “equal weight” rating on the stock.
Shares of Atmos Energy Corp. (NYSE:ATO) traded up 0.19% during mid-day trading on Tuesday, hitting $46.80. 711,223 shares of the company’s stock traded hands. Atmos Energy Corp. has a 1-year low of $37.22 and a 1-year high of $48.38. The stock’s 50-day moving average is $45.81 and its 200-day moving average is $43.. The company has a market cap of $4.255 billion and a price-to-earnings ratio of 17.67.
Atmos Energy Corp. (NYSE:ATO) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.88 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.86 by $0.02. During the same quarter in the prior year, the company posted $0.74 earnings per share. Analysts expect that Atmos Energy Corp. will post $2.78 EPS for the current fiscal year.
Atmos Energy Corporation (NYSE:ATO) is engaged primarily in the regulated natural gas distribution and transmission and storage businesses, as well as other nonregulated natural gas businesses.
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