Zacks Research Has Bearish Estimate for ONE Gas Q3 Earnings

ONE Gas, Inc. (NYSE:OGS) – Equities research analysts at Zacks Research lowered their Q3 2026 EPS estimates for ONE Gas in a research report issued to clients and investors on Wednesday, September 10th. Zacks Research analyst Team now expects that the utilities provider will earn $0.57 per share for the quarter, down from their previous estimate of $0.59. The consensus estimate for ONE Gas’ current full-year earnings is $4.26 per share.

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

ONE Gas Price Performance

Shares of OGS opened at $75.73 on Friday. ONE Gas has a fifty-two week low of $66.38 and a fifty-two week high of $82.25. The company has a market capitalization of $4.54 billion, a price-to-earnings ratio of 18.07, a price-to-earnings-growth ratio of 3.15 and a beta of 0.85. The firm has a 50-day simple moving average of $74.48 and a 200-day simple moving average of $74.60. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.42 and a current ratio of 0.52.

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

ONE Gas Announces Dividend

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

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in OGS. UMB Bank n.a. increased its holdings in ONE Gas by 69.1% in the first quarter. UMB Bank n.a. now owns 629 shares of the utilities provider’s stock valued at $48,000 after buying an additional 257 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in ONE Gas in the fourth quarter valued at about $50,000. Daiwa Securities Group Inc. purchased a new position in ONE Gas in the second quarter valued at about $50,000. Avalon Trust Co purchased a new position in ONE Gas in the second quarter valued at about $51,000. Finally, Farther Finance Advisors LLC increased its holdings in ONE Gas by 195.6% in the first quarter. Farther Finance Advisors LLC now owns 801 shares of the utilities provider’s stock valued at $61,000 after buying an additional 530 shares in the last quarter. 88.71% of the stock is owned by hedge funds and other institutional investors.

ONE Gas Company Profile

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.