What is Zacks Research's Forecast for ONE Gas Q3 Earnings?

ONE Gas, Inc. (NYSE:OGS - Free Report) - Equities research analysts at Zacks Research increased their Q3 2025 earnings per share estimates for shares of ONE Gas in a report released on Tuesday, July 8th. Zacks Research analyst R. Department now anticipates that the utilities provider will earn $0.42 per share for the quarter, up from their prior estimate of $0.40. The consensus estimate for ONE Gas' current full-year earnings is $4.26 per share.

A number of other research firms have also weighed in on OGS. Wall Street Zen upgraded shares of ONE Gas from a "sell" rating to a "hold" rating in a report on Wednesday, May 14th. Jefferies Financial Group raised ONE Gas from a "hold" rating to a "buy" rating and increased their price objective for the stock from $76.00 to $84.00 in a research note on Monday, April 7th. Guggenheim raised their price objective on ONE Gas from $69.00 to $73.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Wells Fargo & Company upped their target price on shares of ONE Gas from $82.00 to $89.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 7th. Finally, LADENBURG THALM/SH SH upgraded shares of ONE Gas to a "hold" rating in a report on Friday, May 9th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $77.64.

ONE Gas Stock Down 0.8%

OGS traded down $0.61 during trading on Friday, hitting $73.08. 397,873 shares of the company's stock were exchanged, compared to its average volume of 467,505. ONE Gas has a fifty-two week low of $65.18 and a fifty-two week high of $82.25. The stock has a market cap of $4.38 billion, a P/E ratio of 17.65, a PEG ratio of 3.09 and a beta of 0.80. The business's 50 day moving average is $74.02 and its two-hundred day moving average is $73.34. The company has a quick ratio of 0.54, a current ratio of 0.59 and a debt-to-equity ratio of 0.74.

ONE Gas (NYSE:OGS - Get Free Report) last issued its earnings results on Monday, May 5th. The utilities provider reported $1.98 earnings per share for the quarter, topping analysts' consensus estimates of $1.85 by $0.13. ONE Gas had a return on equity of 8.15% and a net margin of 10.75%. The company had revenue of $935.19 million for the quarter, compared to analyst estimates of $882.31 million. During the same period in the prior year, the firm earned $1.75 earnings per share. ONE Gas's revenue for the quarter was up 23.3% on a year-over-year basis.

ONE Gas Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Monday, May 19th were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.67%. The ex-dividend date was Monday, May 19th. ONE Gas's payout ratio is 64.73%.

Hedge Funds Weigh In On ONE Gas

Several institutional investors have recently added to or reduced their stakes in the stock. Coppell Advisory Solutions LLC purchased a new position in ONE Gas in the fourth quarter valued at about $26,000. UMB Bank n.a. lifted its stake in ONE Gas by 69.1% in the first quarter. UMB Bank n.a. now owns 629 shares of the utilities provider's stock valued at $48,000 after purchasing an additional 257 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new position in ONE Gas during the fourth quarter valued at $50,000. Farther Finance Advisors LLC grew its holdings in ONE Gas by 195.6% during the first 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 during the period. Finally, Parallel Advisors LLC increased its position in ONE Gas by 20.1% in the second quarter. Parallel Advisors LLC now owns 910 shares of the utilities provider's stock worth $65,000 after buying an additional 152 shares during the last quarter. Institutional investors own 88.71% of the company's stock.

About ONE Gas

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.