Zacks Research Has Negative Forecast for ONE Gas Q2 Earnings

ONE Gas, Inc. (NYSE:OGS - Free Report) - Investment analysts at Zacks Research decreased their Q2 2025 earnings estimates for ONE Gas in a research note issued to investors on Monday, May 26th. Zacks Research analyst R. Department now forecasts that the utilities provider will earn $0.51 per share for the quarter, down from their previous forecast of $0.55. The consensus estimate for ONE Gas' current full-year earnings is $4.26 per share. Zacks Research also issued estimates for ONE Gas' Q3 2025 earnings at $0.40 EPS, Q3 2026 earnings at $0.49 EPS and Q4 2026 earnings at $1.43 EPS.

A number of other research firms also recently issued reports on OGS. Morgan Stanley lowered their price target on ONE Gas from $74.00 to $69.00 and set an "equal weight" rating for the company in a research report on Thursday, May 22nd. Jefferies Financial Group raised ONE Gas from a "hold" rating to a "buy" rating and lifted their target price for the stock from $76.00 to $84.00 in a research report on Monday, April 7th. LADENBURG THALM/SH SH upgraded shares of ONE Gas to a "hold" rating in a research note on Friday, May 9th. Wells Fargo & Company lifted their price objective on shares of ONE Gas from $82.00 to $89.00 and gave the stock an "overweight" rating in a report on Wednesday, May 7th. Finally, Wall Street Zen upgraded ONE Gas from a "sell" rating to a "hold" rating in a research report on Wednesday, May 14th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $75.81.

ONE Gas Trading Up 0.6%

Shares of ONE Gas stock traded up $0.48 during trading hours on Wednesday, reaching $74.81. 1,099,886 shares of the company's stock were exchanged, compared to its average volume of 460,788. The firm has a market capitalization of $4.48 billion, a price-to-earnings ratio of 19.13, a price-to-earnings-growth ratio of 3.64 and a beta of 0.86. The company has a fifty day moving average of $75.81 and a 200-day moving average of $73.50. ONE Gas has a 52-week low of $59.72 and a 52-week high of $82.25. The company has a current ratio of 0.64, a quick ratio of 0.37 and a debt-to-equity ratio of 0.77.

ONE Gas (NYSE:OGS - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The utilities provider reported $1.98 EPS for the quarter, topping analysts' consensus estimates of $1.85 by $0.13. The company had revenue of $935.19 million during the quarter, compared to the consensus estimate of $882.31 million. ONE Gas had a net margin of 10.70% and a return on equity of 7.70%. ONE Gas's quarterly revenue was up 23.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.75 EPS.

ONE Gas Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 3rd. Investors of record on Monday, May 19th will be given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 3.58%. The ex-dividend date is Monday, May 19th. ONE Gas's dividend payout ratio (DPR) is presently 64.73%.

Institutional Trading of ONE Gas

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Arizona State Retirement System raised its holdings in shares of ONE Gas by 0.9% in the fourth quarter. Arizona State Retirement System now owns 16,442 shares of the utilities provider's stock valued at $1,139,000 after buying an additional 152 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of ONE Gas by 0.3% in the 4th quarter. Ameriprise Financial Inc. now owns 61,011 shares of the utilities provider's stock valued at $4,225,000 after acquiring an additional 154 shares during the period. State of Alaska Department of Revenue boosted its position in shares of ONE Gas by 2.7% during the first quarter. State of Alaska Department of Revenue now owns 6,638 shares of the utilities provider's stock worth $501,000 after purchasing an additional 175 shares in the last quarter. Oppenheimer Asset Management Inc. grew its stake in ONE Gas by 0.9% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 21,615 shares of the utilities provider's stock valued at $1,497,000 after acquiring an additional 187 shares during the period. Finally, State of Michigan Retirement System grew its position in shares of ONE Gas by 1.5% in the 1st quarter. State of Michigan Retirement System now owns 13,604 shares of the utilities provider's stock valued at $1,028,000 after purchasing an additional 200 shares during the period. Institutional investors own 88.71% of the company's stock.

About ONE Gas

ONE Gas, Inc, together with its subsidiaries, operates as a regulated natural gas distribution company in the United States. The company provides natural gas distribution services to approximately 2.3 million customers in Oklahoma, Kansas, and Texas. It serves residential, commercial, and transportation customers.