Research Analysts Set Expectations for ONE Gas Q3 Earnings

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

A number of other brokerages have also issued reports on OGS. Jefferies Financial Group raised shares of ONE Gas from a "hold" rating to a "buy" rating and increased their price objective for the company from $76.00 to $84.00 in a report on Monday, April 7th. 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. Guggenheim raised their target price on shares of ONE Gas from $69.00 to $73.00 and gave the company a "neutral" rating in a report on Wednesday, May 7th. Finally, Wells Fargo & Company raised their target price on shares of ONE Gas from $82.00 to $89.00 and gave the company an "overweight" 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.com, the company currently has an average rating of "Hold" and an average target price of $77.64.

ONE Gas Trading Up 0.7%

Shares of OGS opened at $73.68 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.59 and a quick ratio of 0.54. ONE Gas has a 1 year low of $63.69 and a 1 year high of $82.25. The company has a 50 day simple moving average of $74.12 and a two-hundred day simple moving average of $73.31. The firm has a market cap of $4.42 billion, a P/E ratio of 17.80, a price-to-earnings-growth ratio of 3.07 and a beta of 0.80.

ONE Gas (NYSE:OGS - Get Free Report) last announced its quarterly earnings data 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. ONE Gas had a net margin of 10.75% and a return on equity of 8.15%. The business had revenue of $935.19 million during the quarter, compared to analyst estimates of $882.31 million. During the same period last year, the firm posted $1.75 EPS. The company's revenue was up 23.3% on a year-over-year basis.

ONE Gas Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Monday, May 19th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 3.64%. The ex-dividend date of this dividend was Monday, May 19th. ONE Gas's payout ratio is 64.73%.

Institutional Trading of ONE Gas

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Coppell Advisory Solutions LLC purchased a new stake in shares of ONE Gas during the fourth quarter valued at $26,000. UMB Bank n.a. lifted its holdings in ONE Gas by 69.1% during the 1st quarter. UMB Bank n.a. now owns 629 shares of the utilities provider's stock valued at $48,000 after buying an additional 257 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in ONE Gas in the 4th quarter valued at about $50,000. Farther Finance Advisors LLC grew its stake in ONE Gas by 195.6% in the 1st quarter. Farther Finance Advisors LLC now owns 801 shares of the utilities provider's stock worth $61,000 after acquiring an additional 530 shares in the last quarter. Finally, Parallel Advisors LLC increased its position in shares of ONE Gas by 20.1% during the second quarter. Parallel Advisors LLC now owns 910 shares of the utilities provider's stock worth $65,000 after acquiring an additional 152 shares during the period. 88.71% of the stock is owned by hedge funds and other institutional investors.

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.

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