ONE Gas (NYSE:OGS – Get Free Report) released its quarterly earnings data on Tuesday. The utilities provider reported $0.82 EPS for the quarter, beating the consensus estimate of $0.63 by $0.19, Zacks reports. ONE Gas had a return on equity of 8.45% and a net margin of 11.77%.The company had revenue of $411.64 million for the quarter, compared to analysts’ expectations of $410.29 million. During the same period last year, the firm posted $0.53 earnings per share. ONE Gas’s revenue was down 2.8% compared to the same quarter last year. ONE Gas updated its FY 2026 guidance to 4.830-4.950 EPS.
ONE Gas Price Performance
Shares of OGS traded up $2.11 during mid-day trading on Wednesday, reaching $79.44. The stock had a trading volume of 175,296 shares, compared to its average volume of 549,461. The business has a fifty day moving average of $78.13 and a 200 day moving average of $82.56. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.48 and a current ratio of 0.57. The firm has a market cap of $4.99 billion, a price-to-earnings ratio of 17.93, a PEG ratio of 2.58 and a beta of 0.66. ONE Gas has a 12 month low of $71.71 and a 12 month high of $90.78.
ONE Gas Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be issued a dividend of $0.68 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $2.72 annualized dividend and a yield of 3.4%. ONE Gas’s payout ratio is currently 61.40%.
Institutional Inflows and Outflows
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on the stock. Wall Street Zen cut shares of ONE Gas from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Morgan Stanley increased their price target on ONE Gas from $80.00 to $81.00 and gave the company an “equal weight” rating in a report on Friday, July 17th. BTIG Research reissued a “buy” rating and issued a $96.00 target price on shares of ONE Gas in a report on Thursday, July 23rd. Truist Financial cut their price target on ONE Gas from $95.00 to $89.00 and set a “buy” rating for the company in a research note on Wednesday, July 22nd. Finally, Mizuho reduced their price target on shares of ONE Gas from $94.00 to $89.00 and set an “outperform” rating for the company in a research report on Tuesday, June 9th. Five research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, ONE Gas has a consensus rating of “Hold” and a consensus price target of $89.70.
View Our Latest Research Report on ONE Gas
ONE Gas Company Profile
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.
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