Zacks Research Has Positive Estimate for ONE Gas Q1 Earnings

ONE Gas, Inc. (NYSE:OGS) – Research analysts at Zacks Research lifted their Q1 2026 earnings per share (EPS) estimates for ONE Gas in a report issued on Wednesday, September 10th. Zacks Research analyst Team now anticipates that the utilities provider will post earnings per share of $2.08 for the quarter, up from their previous forecast of $2.00. The consensus estimate for ONE Gas’ current full-year earnings is $4.26 per share. Zacks Research also issued estimates for ONE Gas’ Q2 2026 earnings at $0.52 EPS, Q4 2026 earnings at $1.34 EPS, Q1 2027 earnings at $2.16 EPS, Q2 2027 earnings at $0.52 EPS and FY2027 earnings at $4.66 EPS.

ONE Gas (NYSE:OGS) last released its quarterly earnings results on Tuesday, August 5th. The utilities provider reported $0.53 EPS for the quarter, hitting the consensus estimate of $0.53. ONE Gas had a return on equity of 8.07% and a net margin of 10.63%.The business had revenue of $423.70 million during the quarter, compared to analyst estimates of $432.69 million. During the same period last year, the business posted $0.48 earnings per share. The company’s quarterly revenue was up 19.7% on a year-over-year basis. ONE Gas has set its FY 2025 guidance at 4.320-4.420 EPS.

Separately, Morgan Stanley set a $71.00 price target on ONE Gas and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $77.64.

ONE Gas Trading Up 1.5%

OGS opened at $76.02 on Thursday. ONE Gas has a 52 week low of $66.38 and a 52 week high of $82.25. The business has a fifty day simple moving average of $74.42 and a 200-day simple moving average of $74.60. The firm has a market cap of $4.56 billion, a P/E ratio of 18.14, a P/E/G ratio of 3.10 and a beta of 0.85. The company has a quick ratio of 0.42, a current ratio of 0.52 and a debt-to-equity ratio of 0.74.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Osaic Holdings Inc. grew its stake in ONE Gas by 12.7% during the 2nd quarter. Osaic Holdings Inc. now owns 5,698 shares of the utilities provider’s stock worth $410,000 after purchasing an additional 643 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in ONE Gas by 6.2% during the 2nd quarter. Thrivent Financial for Lutherans now owns 14,111 shares of the utilities provider’s stock worth $1,014,000 after purchasing an additional 828 shares in the last quarter. State of Wyoming acquired a new position in ONE Gas during the 2nd quarter worth $437,000. CANADA LIFE ASSURANCE Co grew its stake in ONE Gas by 14.3% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 80,098 shares of the utilities provider’s stock worth $5,760,000 after purchasing an additional 10,035 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in ONE Gas by 226.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 9,228 shares of the utilities provider’s stock worth $663,000 after buying an additional 6,403 shares during the last quarter. 88.71% of the stock is owned by institutional investors and hedge funds.

ONE Gas Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 3rd. Investors of record on Monday, August 18th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Monday, August 18th. ONE Gas’s payout ratio is presently 63.96%.

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.