Zacks Research Has Positive Estimate for 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) - Investment analysts at Zacks Research upped their Q1 2026 earnings per share estimates for shares of ONE Gas in a research report issued to clients and investors on Wednesday, September 10th. Zacks Research analyst Team now expects that the utilities provider will post earnings of $2.08 per share for the quarter, up from their prior 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.

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

Other analysts have also recently issued research reports about the company. Morgan Stanley set a $71.00 price objective on ONE Gas and gave the company an "outperform" rating in a research report on Thursday, August 21st. Wall Street Zen raised ONE Gas from a "sell" rating to a "hold" rating in a research report on Wednesday, May 14th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, ONE Gas has a consensus rating of "Moderate Buy" and a consensus target price of $77.64.

ONE Gas Stock Performance

Shares of ONE Gas stock opened at $74.91 on Thursday. The stock has a market cap of $4.49 billion, a PE ratio of 17.88, a price-to-earnings-growth ratio of 3.09 and a beta of 0.85. The business has a fifty day simple moving average of $74.36 and a 200-day simple moving average of $74.59. The company has a quick ratio of 0.42, a current ratio of 0.52 and a debt-to-equity ratio of 0.74. ONE Gas has a 12 month low of $66.38 and a 12 month high of $82.25.

ONE Gas Announces Dividend

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

Hedge Funds Weigh In On ONE Gas

Several institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in ONE Gas by 2.3% during the first quarter. Vanguard Group Inc. now owns 6,417,990 shares of the utilities provider's stock valued at $485,136,000 after buying an additional 147,186 shares in the last quarter. Wellington Management Group LLP raised its holdings in ONE Gas by 1.0% during the first quarter. Wellington Management Group LLP now owns 3,397,926 shares of the utilities provider's stock valued at $256,849,000 after buying an additional 33,210 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its holdings in ONE Gas by 1.3% during the first quarter. T. Rowe Price Investment Management Inc. now owns 2,151,670 shares of the utilities provider's stock valued at $162,645,000 after buying an additional 26,742 shares in the last quarter. Alliancebernstein L.P. raised its holdings in ONE Gas by 1,393.0% during the second quarter. Alliancebernstein L.P. now owns 1,597,487 shares of the utilities provider's stock valued at $114,795,000 after buying an additional 1,490,492 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in ONE Gas by 6.0% during the second quarter. Geode Capital Management LLC now owns 1,478,961 shares of the utilities provider's stock valued at $106,290,000 after buying an additional 84,296 shares in the last quarter. 88.71% of the stock is currently owned by 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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