ONE Gas (OGS) Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ONE Gas in the last year. There are currently 6 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" OGS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OGS, but not buy additional shares or sell existing shares.
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6 brokers have issued 12-month target prices for ONE Gas' stock. Their OGS share price forecasts range from $71.00 to $83.00. On average, they anticipate the company's share price to reach $78.33 in the next twelve months. This suggests a possible upside of 12.0% from the stock's current price.
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ONE Gas' stock was trading at $75.72 at the beginning of 2023. Since then, OGS stock has decreased by 7.7% and is now trading at $69.91.
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ONE Gas saw a decrease in short interest in September. As of September 15th, there was short interest totaling 3,060,000 shares, a decrease of 18.4% from the August 31st total of 3,750,000 shares. Based on an average trading volume of 432,800 shares, the short-interest ratio is currently 7.1 days.
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The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023.
View our OGS earnings forecast.

ONE Gas, Inc. (NYSE:OGS) posted its earnings results on Monday, July, 31st. The utilities provider reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by $0.01. The utilities provider earned $398.11 million during the quarter, compared to analysts' expectations of $397.88 million. ONE Gas had a net margin of 8.67% and a trailing twelve-month return on equity of 8.75%. ONE Gas's revenue was down 7.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.59 EPS.

ONE Gas declared a quarterly dividend on Monday, July 17th. Stockholders of record on Wednesday, August 16th will be given a dividend of $0.65 per share on Friday, September 1st. This represents a $2.60 annualized dividend and a dividend yield of 3.72%. The ex-dividend date of this dividend is Tuesday, August 15th.
Read our dividend analysis for OGS.

ETFs with the largest weight of ONE Gas (NYSE:OGS) stock in their portfolio include Invesco Dorsey Wright Utilities Momentum ETF (PUI), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Tortoise North American Pipeline Fund (TPYP), First Trust EIP Carbon Impact ETF (ECLN), JPMorgan Active Small Cap Value ETF (JPSV), First Trust North American Energy Infrastructure Fund (EMLP), Invesco S&P MidCap 400 Pure Growth ETF (RFG) and FCF US Quality ETF (TTAC).

ONE Gas (NYSE:OGS) pays an annual dividend of $2.60 per share and currently has a dividend yield of 3.56%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 63.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OGS will have a dividend payout ratio of 60.47% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OGS.

ONE Gas issued an update on its FY 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share guidance of $4.02-$4.26 for the period, compared to the consensus EPS estimate of $4.13. The company issued revenue guidance of -.

18 employees have rated ONE Gas Chief Executive Officer Pierce Norton on Glassdoor.com. Pierce Norton has an approval rating of 100% among the company's employees. This puts Pierce Norton in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other ONE Gas investors own include ONEOK (OKE), SilverBow Resources (SBOW), Realty Income (O), AbbVie (ABBV), AT&T (T), Gilead Sciences (GILD), Johnson & Johnson (JNJ), Verizon Communications (VZ), Abbott Laboratories (ABT) and Mastercard (MA).

ONE Gas trades on the New York Stock Exchange (NYSE) under the ticker symbol "OGS."

ONE Gas' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.68%), State Street Corp (10.53%), Goldman Sachs Group Inc. (2.42%), Victory Capital Management Inc. (2.36%), Geode Capital Management LLC (2.03%) and Boston Trust Walden Corp (1.83%). Insiders that own company stock include Eduardo A Rodriguez and Michael G Hutchinson.
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Shares of OGS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of OGS stock can currently be purchased for approximately $69.91.

ONE Gas (NYSE:OGS) has a market capitalization of $3.88 billion and generates $2.58 billion in revenue each year. The utilities provider earns $221.74 million in net income (profit) each year or $4.09 on an earnings per share basis.

The company employs 3,800 workers across the globe.

ONE Gas' mailing address is 15 EAST FIFTH STREET, TULSA OK, 74103. The official website for the company is www.onegas.com. The utilities provider can be reached via phone at (918) 947-7000 or via email at ir@onegas.com.