What is Scotiabank's Estimate for ONE Gas FY2026 Earnings?

Key Points

• Scotiabank raised its FY2026 EPS estimate for ONE Gas to $4.89 from $4.88 and maintained a Sector Outperform rating with an $87 price target. Its FY2027 estimate is $5.00 per share.
• ONE Gas reported quarterly EPS of $0.53, beating the $0.48 consensus, while revenue rose 3.2% year over year but fell short of estimates; the article also reports 2026 guidance of $4.95–$5.01 per share.
• The company declared a quarterly dividend of $0.68 per share, or $2.72 annualized. Analysts’ consensus rating is Moderate Buy, with an average price target of $87.12.

ONE Gas, Inc. (NYSE:OGS - Free Report) - Equities research analysts at Scotiabank boosted their FY2026 earnings per share estimates for ONE Gas in a research report issued to clients and investors on Monday, November 2nd. Scotiabank analyst I. Rapp now expects that the utilities provider will post earnings of $4.89 per share for the year, up from their prior forecast of $4.88. Scotiabank currently has a "Sector Outperform" rating and a $87.00 price target on the stock. The consensus estimate for ONE Gas' current full-year earnings is $4.91 per share. Scotiabank also issued estimates for ONE Gas' FY2027 earnings at $5.00 EPS.

Several other analysts have also recently commented on the stock. Weiss Ratings raised shares of ONE Gas from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, October 23rd. Wall Street Zen raised shares of ONE Gas from a "sell" rating to a "hold" rating in a report on Sunday. LADENBURG THALM/SH SH upgraded shares of ONE Gas from a "neutral" rating to a "buy" rating and set a $85.50 price objective for the company in a research report on Thursday, August 13th. Wells Fargo & Company upped their price objective on ONE Gas from $85.00 to $86.00 and gave the stock an "equal weight" rating in a report on Wednesday. Finally, BTIG Research reaffirmed a "buy" rating and set a $95.00 price objective on shares of ONE Gas in a report on Wednesday. Seven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $87.12.

ONE Gas Trading Up 1.4%

OGS opened at $82.16 on Thursday. ONE Gas has a 1-year low of $70.37 and a 1-year high of $90.78. The stock has a market capitalization of $5.16 billion, a PE ratio of 17.52, a PEG ratio of 2.14 and a beta of 0.62. The company has a current ratio of 0.58, a quick ratio of 0.37 and a debt-to-equity ratio of 0.76. The firm has a 50-day moving average price of $76.26 and a two-hundred day moving average price of $80.86.

ONE Gas (NYSE:OGS - Get Free Report) last issued its quarterly earnings results on Monday, November 2nd. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.05. ONE Gas had a net margin of 12.61% and a return on equity of 8.80%. The business had revenue of $391.31 million for the quarter, compared to the consensus estimate of $398.23 million. During the same quarter in the prior year, the company earned $0.44 EPS. The firm's quarterly revenue was up 3.2% on a year-over-year basis.

ONE Gas Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Monday, November 16th will be paid a $0.68 dividend. This represents a $2.72 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Monday, November 16th. ONE Gas's dividend payout ratio (DPR) is 58.00%.

Institutional Investors Weigh In On ONE Gas

Several institutional investors have recently modified their holdings of OGS. Bessemer Group Inc. grew its holdings in ONE Gas by 61.0% during the first quarter. Bessemer Group Inc. now owns 549 shares of the utilities provider's stock valued at $47,000 after purchasing an additional 208 shares during the period. State of Wyoming bought a new stake in ONE Gas in the second quarter valued at approximately $60,000. Versant Capital Management Inc raised its holdings in ONE Gas by 219.3% in the second quarter. Versant Capital Management Inc now owns 878 shares of the utilities provider's stock worth $68,000 after purchasing an additional 603 shares during the period. Northwestern Mutual Wealth Management Co. acquired a new stake in ONE Gas in the second quarter worth $77,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in ONE Gas in the second quarter worth $89,000. Institutional investors and hedge funds own 88.71% of the company's stock.

Trending Headlines about ONE Gas

Here are the key news stories impacting ONE Gas this week:

• Positive Sentiment: BTIG raised its price target to $95. Scotiabank also increased its target, to $87, and reiterated a “sector outperform” rating. BTIG price target article Scotiabank rating information
• Positive Sentiment: ONE Gas reported Q3 EPS of $0.53, ahead of the $0.48 consensus, with revenue up 3.2% year over year on new rates and customer growth. It raised its 2026 EPS guidance to $4.95–$5.01, above the $4.91 consensus. Q3 earnings and guidance article
• Positive Sentiment: Shares crossed above their 200-day moving average, a potentially encouraging technical signal for investors. 200-day moving average article
• Neutral Sentiment: The company declared a quarterly dividend of $0.68 per share, equivalent to $2.72 annually and a stated yield of 3.4%. Revenue, however, came in below analysts’ estimates.

About ONE Gas

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