Zacks Research Issues Negative Forecast for ONE Gas Earnings

ONE Gas, Inc. (NYSE:OGS - Free Report) - Investment analysts at Zacks Research decreased their Q4 2025 EPS 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 $1.38 per share for the quarter, down from their prior estimate of $1.40. The consensus estimate for ONE Gas' current full-year earnings is $4.26 per share. Zacks Research also issued estimates for ONE Gas' Q1 2026 earnings at $1.96 EPS, Q2 2026 earnings at $0.58 EPS, FY2026 earnings at $4.47 EPS and Q2 2027 earnings at $0.64 EPS.

OGS has been the subject of a number of other reports. LADENBURG THALM/SH SH upgraded shares of ONE Gas to a "hold" rating in a report on Friday, May 9th. Morgan Stanley reaffirmed an "underperform" rating on shares of ONE Gas in a research report on Wednesday, June 18th. Jefferies Financial Group raised shares of ONE Gas from a "hold" rating to a "buy" rating and upped their price objective for the company from $76.00 to $84.00 in a research report on Monday, April 7th. Guggenheim upped their price objective on shares of ONE Gas from $69.00 to $73.00 and gave the company a "neutral" rating in a research report on Wednesday, May 7th. Finally, Wall Street Zen raised shares of ONE Gas from a "sell" rating to a "hold" rating in a research report on Wednesday, May 14th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $77.64.

ONE Gas Stock Performance

OGS stock traded down $0.61 during mid-day trading on Thursday, reaching $73.08. 397,873 shares of the stock traded hands, compared to its average volume of 467,747. 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 has a 52 week low of $65.18 and a 52 week high of $82.25. The business has a 50-day moving average of $74.02 and a two-hundred day moving average of $73.36. The firm has a market capitalization of $4.38 billion, a PE ratio of 17.65, a P/E/G ratio of 3.07 and a beta of 0.80.

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

ONE Gas Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 3rd. Investors of record on Monday, May 19th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 3.67%. The ex-dividend date of this dividend was Monday, May 19th. ONE Gas's dividend payout ratio (DPR) is presently 64.73%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. KBC Group NV raised its position in ONE Gas by 21.6% in the first quarter. KBC Group NV now owns 2,697 shares of the utilities provider's stock worth $204,000 after purchasing an additional 479 shares in the last quarter. Teacher Retirement System of Texas raised its position in ONE Gas by 369.2% in the first quarter. Teacher Retirement System of Texas now owns 20,172 shares of the utilities provider's stock worth $1,525,000 after purchasing an additional 15,873 shares in the last quarter. GAMMA Investing LLC raised its position in ONE Gas by 102.7% in the first quarter. GAMMA Investing LLC now owns 1,346 shares of the utilities provider's stock worth $102,000 after purchasing an additional 682 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of ONE Gas by 3.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 783,238 shares of the utilities provider's stock worth $54,239,000 after buying an additional 24,860 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of ONE Gas by 9.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,254 shares of the utilities provider's stock worth $322,000 after buying an additional 367 shares in the last quarter. Institutional investors and hedge funds 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.