Zacks Research Analysts Lower Earnings Estimates for ONE Gas

ONE Gas, Inc. (NYSE:OGS) – Research analysts at Zacks Research decreased their Q1 2026 earnings per share (EPS) estimates for ONE Gas in a research report issued on Monday, November 24th. Zacks Research analyst Team now anticipates that the utilities provider will earn $2.07 per share for the quarter, down from their prior forecast of $2.10. The consensus estimate for ONE Gas’ current full-year earnings is $4.26 per share. Zacks Research also issued estimates for ONE Gas’ Q1 2027 earnings at $2.12 EPS and Q2 2027 earnings at $0.58 EPS.

A number of other brokerages also recently issued reports on OGS. Morgan Stanley reiterated an “underperform” rating and set a $75.00 price objective on shares of ONE Gas in a research note on Thursday, November 20th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ONE Gas in a report on Wednesday, October 8th. Mizuho increased their price target on shares of ONE Gas from $86.00 to $87.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 18th. UBS Group raised shares of ONE Gas from a “sell” rating to a “neutral” rating and lifted their price objective for the company from $66.00 to $86.00 in a research note on Tuesday, November 18th. Finally, Jefferies Financial Group upped their target price on ONE Gas from $89.00 to $99.00 and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Five research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $81.72.

ONE Gas Stock Up 0.7%

Shares of NYSE OGS opened at $83.51 on Thursday. The stock has a market capitalization of $5.01 billion, a P/E ratio of 19.47, a PEG ratio of 3.07 and a beta of 0.85. The stock’s fifty day moving average is $80.84 and its 200 day moving average is $76.44. ONE Gas has a 52 week low of $66.38 and a 52 week high of $83.66. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.33 and a current ratio of 0.47.

ONE Gas (NYSE:OGS) last announced its quarterly earnings data on Monday, November 3rd. The utilities provider reported $0.44 earnings per share for the quarter, meeting the consensus estimate of $0.44. The firm had revenue of $379.13 million during the quarter, compared to analysts’ expectations of $404.19 million. ONE Gas had a return on equity of 8.06% and a net margin of 10.76%.The company’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.34 EPS. ONE Gas has set its FY 2025 guidance at 4.340-4.400 EPS.

ONE Gas Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 14th will be paid a $0.67 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $2.68 annualized dividend and a yield of 3.2%. ONE Gas’s dividend payout ratio is presently 62.47%.

Institutional Trading of ONE Gas

A number of hedge funds and other institutional investors have recently modified their holdings of OGS. Alliancebernstein L.P. lifted its stake in shares of ONE Gas by 1,393.0% in the 2nd quarter. Alliancebernstein L.P. now owns 1,597,487 shares of the utilities provider’s stock valued at $114,795,000 after acquiring an additional 1,490,492 shares during the last quarter. Norges Bank acquired a new position in ONE Gas in the 2nd quarter worth about $47,922,000. Nuveen LLC bought a new position in ONE Gas in the first quarter valued at about $29,697,000. Squarepoint Ops LLC raised its position in ONE Gas by 187.1% in the second quarter. Squarepoint Ops LLC now owns 550,521 shares of the utilities provider’s stock valued at $39,560,000 after purchasing an additional 358,779 shares during the last quarter. Finally, Marshall Wace LLP boosted its stake in shares of ONE Gas by 1,811.7% during the second quarter. Marshall Wace LLP now owns 256,498 shares of the utilities provider’s stock valued at $18,432,000 after purchasing an additional 243,081 shares in the last quarter. Institutional investors 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.