Zacks Research Has Positive Estimate for ONE Gas Q3 Earnings

ONE Gas, Inc. (NYSE:OGS - Free Report) - Investment analysts at Zacks Research upped their Q3 2025 earnings estimates for ONE Gas in a research note issued to investors on Tuesday, July 8th. Zacks Research analyst R. Department now forecasts that the utilities provider will earn $0.42 per share for the quarter, up from their previous forecast of $0.40. The consensus estimate for ONE Gas' current full-year earnings is $4.26 per share.

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

OGS has been the subject of several other reports. Wells Fargo & Company increased their price target on shares of ONE Gas from $82.00 to $89.00 and gave the stock an "overweight" rating in a report on Wednesday, May 7th. LADENBURG THALM/SH SH raised shares of ONE Gas to a "hold" rating in a report on Friday, May 9th. Morgan Stanley reissued an "underperform" rating on shares of ONE Gas in a report on Wednesday, June 18th. Wall Street Zen raised shares of ONE Gas from a "sell" rating to a "hold" rating in a report on Wednesday, May 14th. Finally, Guggenheim increased their price target on shares of ONE Gas from $69.00 to $73.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $77.64.

ONE Gas Stock Performance

Shares of OGS traded up $0.88 during mid-day trading on Friday, hitting $74.00. 444,871 shares of the company's stock were exchanged, compared to its average volume of 542,759. ONE Gas has a fifty-two week low of $65.18 and a fifty-two week high of $82.25. The firm has a market capitalization of $4.43 billion, a P/E ratio of 17.87, a P/E/G ratio of 3.07 and a beta of 0.80. The business's 50 day moving average is $74.02 and its two-hundred day moving average is $73.38. The company has a current ratio of 0.59, a quick ratio of 0.54 and a debt-to-equity ratio of 0.74.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in OGS. Coppell Advisory Solutions LLC acquired a new stake in shares of ONE Gas in the fourth quarter valued at approximately $26,000. UMB Bank n.a. grew its position in shares of 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. acquired a new stake in shares of ONE Gas in the fourth quarter valued at approximately $50,000. Farther Finance Advisors LLC grew its position in shares of ONE Gas by 195.6% in 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 last quarter. Finally, Parallel Advisors LLC grew its position in shares of ONE Gas by 20.1% in the second quarter. Parallel Advisors LLC now owns 910 shares of the utilities provider's stock valued at $65,000 after purchasing an additional 152 shares during the last quarter. 88.71% of the stock is owned by hedge funds and other institutional investors.

ONE Gas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Monday, May 19th were issued a $0.67 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a $2.68 dividend on an annualized basis and a yield of 3.62%. ONE Gas's dividend payout ratio (DPR) is presently 64.73%.

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.