3 days Ago By ABMN Staff
ONE Gas, Inc. ( NYSE:OGS – Free Report ) – Stock analysts at Zacks Research lowered their Q1 2026 earnings per share estimates for ONE Gas in a research note issued to investors on Friday, September 13th. Zacks Research analyst R.
Department now expects that the utilities provider will earn $1.86 per share for the quarter, down from their prior forecast of $1.91.
The consensus estimate for ONE Gas’ current full-year earnings is $3.84 per share. Zacks Research also issued estimates for ONE Gas’ Q2 2026 earnings at $0.
72 EPS. OGS has been the topic of a number of other research reports. Morgan Stanley lowered their price target on ONE Gas from $61.
00 to $58.00 and set an “equal weight” rating on the stock in a research report on Monday, June 24th. Mizuho increased their price target on ONE Gas from $64.
00 to $65.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 5th. Wells Fargo & Company upgraded ONE Gas from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $71.
00 to $80.00 in a research report on Wednesday, September 11th. Finally, StockNews.
com cut ONE Gas from a “hold” rating to a “sell” rating in a report on Saturday, July 20th. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $64.
64. ONE Gas Stock Performance Shares of OGS stock opened at $72.66 on Monday.
The company has a market capitalization of $4.12 billion, a P/E ratio of 17.94, a P/E/G ratio of 3.
68 and a beta of 0.66. The business’s 50 day moving average is $68.
10 and its two-hundred day moving average is $64.53. The company has a current ratio of 0.
41, a quick ratio of 0.32 and a debt-to-equity ratio of 0.76.
ONE Gas has a 12-month low of $55.50 and a 12-month high of $75.89.
ONE Gas ( NYSE:OGS – Get Free Report ) last issued its quarterly earnings results on Monday, August 5th. The utilities provider reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.
49 by ($0.01). The business had revenue of $354.
14 million for the quarter, compared to analysts’ expectations of $362.06 million. ONE Gas had a return on equity of 8.
04% and a net margin of 10.83%. The business’s revenue for the quarter was down 11.
0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.58 EPS.
ONE Gas Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Wednesday, August 14th were issued a dividend of $0.66 per share.
The ex-dividend date was Wednesday, August 14th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 3.
63%. ONE Gas’s payout ratio is currently 65.19%.
Hedge Funds Weigh In On ONE Gas A number of hedge funds have recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of ONE Gas in the fourth quarter valued at approximately $30,395,000. Energy Income Partners LLC increased its holdings in shares of ONE Gas by 52.
9% in the first quarter. Energy Income Partners LLC now owns 1,058,680 shares of the utilities provider’s stock valued at $68,317,000 after purchasing an additional 366,363 shares during the last quarter. American Century Companies Inc.
increased its holdings in shares of ONE Gas by 6.3% in the second quarter. American Century Companies Inc.
now owns 4,598,114 shares of the utilities provider’s stock valued at $293,590,000 after purchasing an additional 272,923 shares during the last quarter. Zimmer Partners LP acquired a new stake in shares of ONE Gas in the first quarter valued at approximately $16,939,000. Finally, Earnest Partners LLC acquired a new stake in shares of ONE Gas in the second quarter valued at approximately $12,594,000.
Institutional investors and hedge funds own 88.71% of the company’s stock. About ONE Gas ( Get Free Report ) 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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