ONE Gas (NYSE:OGS) Releases FY 2025 Earnings Guidance

ONE Gas (NYSE:OGS) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 4.340-4.400 for the period, compared to the consensus estimate of 4.360. The company issued revenue guidance of -.

ONE Gas Trading Up 0.5%

ONE Gas stock opened at $81.93 on Wednesday. The business has a 50 day moving average price of $78.84 and a two-hundred day moving average price of $76.05. The company has a quick ratio of 0.42, a current ratio of 0.52 and a debt-to-equity ratio of 0.74. The stock has a market cap of $4.92 billion, a price-to-earnings ratio of 19.10, a price-to-earnings-growth ratio of 3.22 and a beta of 0.85. ONE Gas has a 12 month low of $66.38 and a 12 month high of $83.39.

ONE Gas (NYSE:OGS) last posted its quarterly earnings results on Monday, November 3rd. The utilities provider reported $0.44 EPS for the quarter, meeting the consensus estimate of $0.44. ONE Gas had a return on equity of 8.07% and a net margin of 10.76%.The firm had revenue of $379.13 million during the quarter, compared to analysts’ expectations of $404.19 million. During the same quarter in the prior year, the firm posted $0.34 EPS. The company’s revenue for the quarter was up 11.4% on a year-over-year basis. ONE Gas has set its FY 2025 guidance at 4.340-4.400 EPS. As a group, equities analysts forecast that ONE Gas will post 4.26 EPS for the current year.

ONE Gas Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 14th will be issued a $0.67 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.3%. ONE Gas’s dividend payout ratio is presently 63.96%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Morgan Stanley restated an “outperform” rating and set a $72.00 price target on shares of ONE Gas in a research report on Wednesday, October 22nd. Jefferies Financial Group increased their price target on ONE Gas from $89.00 to $99.00 and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. Mizuho upgraded ONE Gas from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $77.00 to $86.00 in a research report on Friday, September 26th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of ONE Gas in a research report on Wednesday, October 8th. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, ONE Gas has a consensus rating of “Moderate Buy” and a consensus target price of $80.69.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Empowered Funds LLC lifted its stake in shares of ONE Gas by 9.8% in the 1st quarter. Empowered Funds LLC now owns 5,848 shares of the utilities provider’s stock valued at $442,000 after purchasing an additional 522 shares during the period. Osaic Holdings Inc. lifted its stake in shares of ONE Gas by 12.7% in the 2nd quarter. Osaic Holdings Inc. now owns 5,698 shares of the utilities provider’s stock valued at $410,000 after purchasing an additional 643 shares during the period. Daiwa Securities Group Inc. acquired a new position in shares of ONE Gas in the 2nd quarter valued at $50,000. Thrivent Financial for Lutherans lifted its stake in shares of ONE Gas by 6.2% in the 2nd quarter. Thrivent Financial for Lutherans now owns 14,111 shares of the utilities provider’s stock valued at $1,014,000 after purchasing an additional 828 shares during the period. Finally, The Manufacturers Life Insurance Company raised its stake in ONE Gas by 1.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 65,143 shares of the utilities provider’s stock worth $4,681,000 after buying an additional 835 shares during the period. 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.