Zacks Research Issues Positive Outlook for ONE Gas Earnings

ONE Gas, Inc. (NYSE:OGS - Free Report) - Equities researchers at Zacks Research upped their FY2025 EPS estimates for ONE Gas in a research report issued on Monday, May 26th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings per share of $4.29 for the year, up from their previous forecast of $4.24. The consensus estimate for ONE Gas' current full-year earnings is $4.26 per share. Zacks Research also issued estimates for ONE Gas' Q1 2026 earnings at $1.93 EPS, FY2026 earnings at $4.43 EPS and Q1 2027 earnings at $2.02 EPS.

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

Other equities analysts also recently issued reports about the company. LADENBURG THALM/SH SH raised ONE Gas to a "hold" rating in a research report on Friday, May 9th. Guggenheim upped their target price on ONE Gas from $69.00 to $73.00 and gave the company a "neutral" rating in a research report on Wednesday, May 7th. Morgan Stanley decreased their price target on ONE Gas from $74.00 to $69.00 and set an "equal weight" rating for the company in a research note on Thursday, May 22nd. Wells Fargo & Company boosted their price target on ONE Gas from $82.00 to $89.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 7th. Finally, Jefferies Financial Group upgraded shares of ONE Gas from a "hold" rating to a "buy" rating and upped their price objective for the company from $76.00 to $84.00 in a report on Monday, April 7th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, ONE Gas has a consensus rating of "Hold" and a consensus target price of $75.81.

ONE Gas Stock Down 0.3%

Shares of NYSE OGS traded down $0.22 during mid-day trading on Thursday, reaching $74.54. 386,699 shares of the company were exchanged, compared to its average volume of 459,851. ONE Gas has a 1 year low of $59.74 and a 1 year high of $82.25. The firm has a 50-day moving average of $75.81 and a 200 day moving average of $73.48. The stock has a market cap of $4.47 billion, a price-to-earnings ratio of 19.07, a P/E/G ratio of 3.64 and a beta of 0.86. The company has a quick ratio of 0.37, a current ratio of 0.64 and a debt-to-equity ratio of 0.77.

Institutional Trading of ONE Gas

A number of large investors have recently modified their holdings of the stock. Coppell Advisory Solutions LLC purchased a new stake in shares of ONE Gas during the 4th quarter worth approximately $26,000. Crews Bank & Trust acquired a new stake in ONE Gas during the 4th quarter valued at $35,000. UMB Bank n.a. lifted its stake in shares of ONE Gas by 69.1% during the 1st quarter. UMB Bank n.a. now owns 629 shares of the utilities provider's stock worth $48,000 after purchasing an additional 257 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of ONE Gas in the 4th quarter worth about $50,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of ONE Gas by 195.6% in the 1st quarter. Farther Finance Advisors LLC now owns 801 shares of the utilities provider's stock valued at $61,000 after purchasing an additional 530 shares in the last quarter. Hedge funds and other institutional investors own 88.71% of the company's stock.

ONE Gas Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 3rd. Shareholders of record on Monday, May 19th will be paid a $0.67 dividend. The ex-dividend date of this dividend is Monday, May 19th. This represents a $2.68 annualized dividend and a dividend yield of 3.60%. ONE Gas's dividend payout ratio (DPR) is 64.73%.

ONE Gas Company Profile

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.