ONE Gas (NYSE:OGS) Stock Price Crosses Above 200-Day Moving Average - Here's Why

Key Points

• ONE Gas shares moved above their 200-day moving average of $80.84, reaching $82.06 intraday and last trading at $80.91.
• Third-quarter adjusted EPS was $0.53, beating the $0.48 estimate and rising from $0.44 a year earlier; revenue grew 3.2% year over year but missed expectations. The company also raised its 2026 adjusted EPS guidance to $4.95–$5.01.
• ONE Gas declared a quarterly dividend of $0.68 per share, or $2.72 annually, implying a 3.4% yield. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $86.46.

ONE Gas, Inc. (NYSE:OGS - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $80.84 and traded as high as $82.06. ONE Gas shares last traded at $80.9120, with a volume of 974,179 shares changing hands.

ONE Gas News Roundup

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

• Positive Sentiment: ONE Gas reported third-quarter adjusted earnings of $0.53 per share, beating the $0.48 consensus estimate and rising from $0.44 a year earlier. Revenue increased 3.2% year over year, with new rates and customer growth contributing. ONE Gas Q3 Earnings Beat Estimates on New Rates, Revenues Rise Y/Y
• Positive Sentiment: The company raised its 2026 adjusted EPS guidance to $4.95–$5.01, above its prior range and the $4.91 analyst consensus. ONE Gas Announces Third Quarter 2026 Financial Results and Raises Guidance
• Positive Sentiment: ONE Gas declared a quarterly dividend of $0.68 per share, equivalent to $2.72 annually and a 3.4% indicated yield. The dividend is payable December 3 to shareholders of record November 16.
• Negative Sentiment: Third-quarter revenue of $391.3 million missed analysts’ $398.2 million estimate, tempering the earnings beat.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Wall Street Zen raised ONE Gas from a "sell" rating to a "hold" rating in a research note on Sunday. Jefferies Financial Group downgraded ONE Gas from a "buy" rating to a "hold" rating and decreased their price objective for the company from $103.00 to $80.00 in a research report on Wednesday, October 7th. Morgan Stanley lowered their price objective on ONE Gas from $79.00 to $78.00 and set an "equal weight" rating for the company in a research note on Wednesday, October 21st. Truist Financial dropped their target price on ONE Gas from $89.00 to $87.00 and set a "buy" rating for the company in a report on Thursday, August 13th. Finally, Scotiabank initiated coverage on ONE Gas in a research report on Tuesday, September 29th. They set a "sector outperform" rating and a $86.00 target price on the stock. Seven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $86.46.

ONE Gas Price Performance

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 company has a market capitalization of $5.09 billion, a PE ratio of 17.25, a price-to-earnings-growth ratio of 2.11 and a beta of 0.62. The stock's 50-day moving average is $76.23 and its two-hundred day moving average is $80.84.

ONE Gas (NYSE:OGS - Get Free Report) last announced its quarterly earnings data 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 8.81%. The business had revenue of $391.31 million during the quarter, compared to the consensus estimate of $398.23 million. During the same quarter last year, the firm earned $0.44 earnings per share. The firm's quarterly revenue was up 3.2% compared to the same quarter last year. On average, equities analysts predict that ONE Gas, Inc. will post 4.91 EPS for the current year.

ONE Gas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Monday, November 16th will be issued a dividend of $0.68 per share. The ex-dividend date is Monday, November 16th. This represents a $2.72 dividend on an annualized basis and a yield of 3.4%. ONE Gas's payout ratio is presently 58.62%.

Institutional Trading of ONE Gas

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in shares of ONE Gas in the 2nd quarter valued at about $701,266,000. Energy Income Partners LLC acquired a new stake in shares of ONE Gas during the second quarter worth $135,948,000. Bank of New York Mellon Corp lifted its holdings in shares of ONE Gas by 2.2% during the first quarter. Bank of New York Mellon Corp now owns 763,877 shares of the utilities provider's stock worth $65,793,000 after purchasing an additional 16,697 shares during the period. Bank of America Corp DE acquired a new stake in ONE Gas during the 2nd quarter worth about $44,011,000. Finally, Legal & General Group Plc purchased a new position in shares of ONE Gas during the 2nd quarter valued at approximately $23,103,000. Hedge funds and other institutional investors own 88.71% of the company's stock.

ONE Gas Company Profile

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