Zacks Research Has Optimistic Outlook of ONE Gas Q1 Earnings

Key Points

• Zacks Research has raised its Q1 2026 earnings estimate for ONE Gas to $2.08 per share, up from $2.00, while the full-year earnings forecast is set at $4.26 per share.
• ONE Gas recently announced a quarterly dividend of $0.67 per share, representing a yield of 3.6% and a payout ratio of 63.96%.
• Institutional investors hold 88.71% of ONE Gas stock, with significant increases in holdings from firms like Vanguard and AllianceBernstein in recent quarters.

ONE Gas, Inc. (NYSE:OGS - Free Report) - Analysts at Zacks Research lifted their Q1 2026 EPS estimates for ONE Gas in a research note issued to investors on Wednesday, September 10th. Zacks Research analyst Team now anticipates that the utilities provider will post earnings per share of $2.08 for the quarter, up from their previous forecast of $2.00. The consensus estimate for ONE Gas' current full-year earnings is $4.26 per share. Zacks Research also issued estimates for ONE Gas' Q2 2026 earnings at $0.52 EPS, Q4 2026 earnings at $1.34 EPS, Q1 2027 earnings at $2.16 EPS, Q2 2027 earnings at $0.52 EPS and FY2027 earnings at $4.66 EPS.

Separately, Morgan Stanley set a $71.00 target price on shares of ONE Gas and gave the stock an "outperform" rating in a research report on Thursday, August 21st. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, ONE Gas currently has a consensus rating of "Moderate Buy" and a consensus price target of $77.64.

ONE Gas Stock Down 1.0%

Shares of OGS traded down $0.79 on Thursday, hitting $75.19. 70,510 shares of the stock traded hands, compared to its average volume of 511,724. The company has a market capitalization of $4.51 billion, a PE ratio of 17.95, a P/E/G ratio of 3.14 and a beta of 0.85. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.42 and a current ratio of 0.52. The business has a 50 day simple moving average of $74.54 and a 200 day simple moving average of $74.61. ONE Gas has a one year low of $66.38 and a one year high of $82.25.

ONE Gas (NYSE:OGS - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The utilities provider reported $0.53 earnings per share for the quarter, meeting the consensus estimate of $0.53. The company had revenue of $423.70 million during the quarter, compared to the consensus estimate of $432.69 million. ONE Gas had a net margin of 10.63% and a return on equity of 8.07%. The firm's quarterly revenue was up 19.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.48 earnings per share. ONE Gas has set its FY 2025 guidance at 4.320-4.420 EPS.

ONE Gas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 3rd. Investors of record on Monday, August 18th were paid a dividend of $0.67 per share. The ex-dividend date was Monday, August 18th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.6%. ONE Gas's payout ratio is 63.96%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. UMB Bank n.a. lifted its stake in shares of 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 worth $50,000. Daiwa Securities Group Inc. purchased a new stake in ONE Gas in the 2nd quarter worth $50,000. Avalon Trust Co purchased a new stake in ONE Gas in the 2nd quarter worth $51,000. Finally, Farther Finance Advisors LLC lifted 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 purchasing an additional 530 shares in the last quarter. Hedge funds and other institutional investors own 88.71% of the company's stock.

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.