ONE Gas, Inc. (NYSE:OGS) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• ONE Gas has a “Moderate Buy” consensus rating among 12 analysts, split evenly between six buy and six hold recommendations. The average 12-month price target is approximately $88.95, above the reported share price of $74.37.
• The company reported quarterly EPS of $0.82, beating the $0.63 consensus estimate, while revenue of $411.64 million slightly exceeded expectations. Revenue nevertheless declined 2.8% year over year.
• ONE Gas maintains a quarterly dividend of $0.68 per share, equal to a $2.72 annualized payout and a 3.7% yield. Institutional investors and hedge funds own 88.71% of the company’s stock.

Shares of ONE Gas, Inc. (NYSE:OGS - Get Free Report) have earned an average rating of "Moderate Buy" from the twelve research firms that are currently covering the company, MarketBeat reports. Six investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $88.9545.

Several analysts have recently commented on the stock. Capital One Financial set a $93.00 price objective on shares of ONE Gas in a research report on Friday, June 12th. Morgan Stanley cut their target price on shares of ONE Gas from $82.00 to $79.00 and set an "equal weight" rating on the stock in a research note on Friday. Wall Street Zen upgraded shares of ONE Gas from a "sell" rating to a "hold" rating in a report on Saturday, August 8th. Mizuho reduced their price target on shares of ONE Gas from $94.00 to $89.00 and set an "outperform" rating for the company in a report on Tuesday, June 9th. Finally, LADENBURG THALM/SH SH raised shares of ONE Gas from a "neutral" rating to a "buy" rating and set a $85.50 price target for the company in a research note on Thursday, August 13th.

ONE Gas Stock Performance

OGS stock opened at $74.37 on Tuesday. The firm has a market cap of $4.67 billion, a PE ratio of 16.03, a price-to-earnings-growth ratio of 2.07 and a beta of 0.67. The company has a current ratio of 0.48, a quick ratio of 0.37 and a debt-to-equity ratio of 0.66. The stock has a 50-day moving average price of $79.26 and a 200-day moving average price of $81.81. ONE Gas has a 1-year low of $74.28 and a 1-year high of $90.78.

ONE Gas (NYSE:OGS - Get Free Report) last announced its earnings results on Tuesday, August 4th. The utilities provider reported $0.82 EPS for the quarter, beating the consensus estimate of $0.63 by $0.19. The company had revenue of $411.64 million for the quarter, compared to analyst estimates of $410.29 million. ONE Gas had a return on equity of 8.81% and a net margin of 12.47%.The firm's revenue for the quarter was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.53 EPS. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. As a group, equities research analysts expect that ONE Gas will post 4.92 earnings per share for the current year.

ONE Gas Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Monday, August 17th were paid a $0.68 dividend. The ex-dividend date was Monday, August 17th. This represents a $2.72 annualized dividend and a dividend yield of 3.7%. ONE Gas's dividend payout ratio (DPR) is currently 58.62%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Amundi lifted its position in ONE Gas by 189.7% in the 1st quarter. Amundi now owns 20,117 shares of the utilities provider's stock valued at $1,733,000 after acquiring an additional 13,174 shares in the last quarter. Energy Income Partners LLC bought a new stake in ONE Gas during the 2nd quarter worth approximately $135,948,000. BlackRock Inc. purchased a new stake in shares of ONE Gas in the second quarter worth approximately $701,266,000. Fifth Third Bancorp lifted its holdings in shares of ONE Gas by 2,807.9% in the first quarter. Fifth Third Bancorp now owns 20,355 shares of the utilities provider's stock valued at $1,753,000 after purchasing an additional 19,655 shares in the last quarter. Finally, ExodusPoint Capital Management LP lifted its holdings in shares of ONE Gas by 314.3% in the fourth quarter. ExodusPoint Capital Management LP now owns 210,820 shares of the utilities provider's stock valued at $16,286,000 after purchasing an additional 159,934 shares in the last quarter. 88.71% of the stock is owned by institutional investors and hedge funds.

ONE Gas Company Profile

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