ONE Gas (NYSE:OGS) Posts Earnings Results, Beats Expectations By $0.13 EPS

ONE Gas (NYSE:OGS - Get Free Report) released its quarterly earnings data on Monday. The utilities provider reported $1.98 EPS for the quarter, beating analysts' consensus estimates of $1.85 by $0.13, Zacks reports. The firm had revenue of $935.19 million for the quarter, compared to analysts' expectations of $882.31 million. ONE Gas had a return on equity of 7.70% and a net margin of 10.70%. The firm's quarterly revenue was up 23.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.75 earnings per share. ONE Gas updated its FY 2025 guidance to 4.200-4.320 EPS.

ONE Gas Stock Down 3.3 %

ONE Gas stock traded down $2.67 during mid-day trading on Friday, reaching $77.04. 2,829,550 shares of the company's stock were exchanged, compared to its average volume of 433,686. The company has a quick ratio of 0.37, a current ratio of 0.64 and a debt-to-equity ratio of 0.77. ONE Gas has a twelve month low of $58.31 and a twelve month high of $82.25. The company has a market cap of $4.62 billion, a P/E ratio of 19.70, a P/E/G ratio of 3.64 and a beta of 0.86. The company has a fifty day moving average of $75.61 and a 200-day moving average of $73.33.

ONE Gas Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 3rd. Investors of record on Monday, May 19th will be issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.48%. The ex-dividend date is Monday, May 19th. ONE Gas's dividend payout ratio (DPR) is currently 64.73%.

Wall Street Analysts Forecast Growth

OGS has been the subject of a number of research analyst reports. Jefferies Financial Group upgraded ONE Gas from a "hold" rating to a "buy" rating and increased their price target for the stock from $76.00 to $84.00 in a report on Monday, April 7th. Morgan Stanley set a $74.00 target price on shares of ONE Gas and gave the company an "outperform" rating in a research report on Wednesday, April 23rd. StockNews.com lowered shares of ONE Gas from a "hold" rating to a "sell" rating in a research note on Tuesday. LADENBURG THALM/SH SH raised shares of ONE Gas to a "hold" rating in a research note on Monday, March 17th. Finally, Wells Fargo & Company increased their price objective on shares of ONE Gas from $82.00 to $89.00 and gave the stock an "overweight" rating in a research report on Wednesday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $76.44.

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.