Analysts Set ONE Gas, Inc. (NYSE:OGS) PT at $89.23

Shares of ONE Gas, Inc. (NYSE:OGSGet Free Report) have received a consensus rating of “Moderate Buy” from the twelve ratings firms that are presently covering the company, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $89.2273.

Several analysts recently issued reports on OGS shares. Wolfe Research assumed coverage on ONE Gas in a research note on Tuesday, May 26th. They set a “peer perform” rating on the stock. BTIG Research reaffirmed a “buy” rating and set a $96.00 price objective on shares of ONE Gas in a report on Thursday, July 23rd. Weiss Ratings cut shares of ONE Gas from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, July 10th. LADENBURG THALM/SH SH raised shares of ONE Gas from a “neutral” rating to a “buy” rating and set a $85.50 target price on the stock in a report on Thursday, August 13th. Finally, Morgan Stanley dropped their target price on shares of ONE Gas from $86.00 to $82.00 and set an “equal weight” rating for the company in a research report on Friday, August 21st.

Read Our Latest Report on ONE Gas

ONE Gas Trading Up 0.7%

Shares of OGS stock opened at $80.51 on Friday. ONE Gas has a 52-week low of $74.06 and a 52-week high of $90.78. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.37 and a current ratio of 0.48. The firm has a market capitalization of $5.06 billion, a PE ratio of 17.35, a PEG ratio of 2.20 and a beta of 0.67. The stock has a fifty day simple moving average of $79.37 and a two-hundred day simple moving average of $82.53.

ONE Gas (NYSE:OGSGet Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $0.82 EPS for the quarter, beating the consensus estimate of $0.63 by $0.19. ONE Gas had a return on equity of 8.81% and a net margin of 12.47%.The business had revenue of $411.64 million for the quarter, compared to the consensus estimate of $410.29 million. During the same period in the previous year, the business earned $0.53 earnings per share. The business’s revenue was down 2.8% on a year-over-year basis. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. On average, analysts predict that ONE Gas will post 4.91 EPS for the current fiscal year.

ONE Gas Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 17th were paid a $0.68 dividend. The ex-dividend date was Monday, August 17th. This represents a $2.72 annualized dividend and a yield of 3.4%. ONE Gas’s payout ratio is presently 58.62%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Triumph Capital Management lifted its position in shares of ONE Gas by 247.0% in the fourth quarter. Triumph Capital Management now owns 347 shares of the utilities provider’s stock worth $27,000 after buying an additional 247 shares in the last quarter. Garner Asset Management Corp purchased a new position in ONE Gas during the 4th quarter valued at approximately $29,000. Torren Management LLC bought a new stake in ONE Gas in the 4th quarter worth approximately $31,000. Quarry LP increased its stake in ONE Gas by 188.0% in the 4th quarter. Quarry LP now owns 409 shares of the utilities provider’s stock worth $32,000 after acquiring an additional 267 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in shares of ONE Gas by 85.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 441 shares of the utilities provider’s stock worth $34,000 after acquiring an additional 203 shares in the last quarter. Hedge funds and other institutional investors own 88.71% of the company’s stock.

About ONE Gas

(Get Free Report)

ONE Gas, Inc is a publicly traded natural gas utility company focused on the regulated distribution of natural gas to residential, commercial and industrial customers. Headquartered in Tulsa, Oklahoma, the company owns and operates an integrated system of transmission and distribution pipelines, storage facilities and compressor stations designed to deliver safe, reliable energy to end users. Its operations are governed by state utility commissions, which set rates and service standards in the markets the company serves.

The company’s service territory spans three states: Oklahoma, Kansas and the Texas Panhandle.

See Also

Analyst Recommendations for ONE Gas (NYSE:OGS)

Receive News & Ratings for ONE Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ONE Gas and related companies with MarketBeat.com's FREE daily email newsletter.