FY2026 Earnings Forecast for ONE Gas Issued By Scotiabank

ONE Gas, Inc. (NYSE:OGS) – Stock analysts at Scotiabank issued their FY2026 EPS estimates for ONE Gas in a research note issued on Thursday, October 1st. Scotiabank analyst I. Rapp forecasts that the utilities provider will post earnings of $4.88 per share for the year. Scotiabank currently has a “Sector Outperform” rating and a $86.00 price objective on the stock. The consensus estimate for ONE Gas’ current full-year earnings is $4.91 per share. Scotiabank also issued estimates for ONE Gas’ FY2027 earnings at $4.98 EPS.

Several other research firms have also recently weighed in on OGS. Wells Fargo & Company upgraded ONE Gas from a “strong sell” rating to an “equal weight” rating and set a $85.00 price target on the stock in a report on Thursday, August 6th. BTIG Research reiterated a “buy” rating and issued a $96.00 price objective on shares of ONE Gas in a report on Thursday, July 23rd. Capital One Financial set a $93.00 target price on shares of ONE Gas in a research report on Friday, June 12th. Truist Financial reduced their target price on shares of ONE Gas from $89.00 to $87.00 and set a “buy” rating on the stock in a report on Thursday, August 13th. Finally, Wall Street Zen upgraded shares of ONE Gas from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Eight investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $88.71.

ONE Gas Price Performance

ONE Gas stock opened at $72.68 on Monday. The company has a current ratio of 0.48, a quick ratio of 0.37 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $4.57 billion, a PE ratio of 15.66, a P/E/G ratio of 2.00 and a beta of 0.64. ONE Gas has a 12 month low of $70.37 and a 12 month high of $90.78. The stock has a 50-day moving average price of $77.80 and a two-hundred day moving average price of $80.77.

ONE Gas (NYSE:OGS) last announced its quarterly earnings results on Tuesday, August 4th. The utilities provider reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.19. ONE Gas had a return on equity of 8.81% and a net margin of 12.47%.The company had revenue of $411.64 million during the quarter, compared to analysts’ expectations of $410.29 million. During the same period in the prior year, the company earned $0.53 EPS. ONE Gas’s revenue was down 2.8% compared to the same quarter last year. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS.

ONE Gas Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Monday, August 17th were paid a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, August 17th. ONE Gas’s dividend payout ratio is currently 58.62%.

Institutional Investors Weigh In On ONE Gas

Several large investors have recently modified their holdings of the company. BlackRock Inc. acquired a new position in shares of ONE Gas during the 2nd quarter valued at $701,266,000. Energy Income Partners LLC acquired a new stake in ONE Gas in the second quarter worth $135,948,000. Norges Bank acquired a new stake in ONE Gas in the fourth quarter worth $70,767,000. Bank of New York Mellon Corp bought a new stake in ONE Gas in the second quarter valued at $56,308,000. Finally, Bank of America Corp DE bought a new stake in ONE Gas in the second quarter valued at $44,011,000. 88.71% of the stock is currently owned by institutional investors and hedge funds.

About ONE Gas