ONE Gas (NYSE:OGS) Research Coverage Started at Scotiabank

Posted by Francis Steltz on Oct 2nd, 2026

Scotiabank began coverage on shares of ONE Gas (NYSE:OGS – Free Report) in a report published on Tuesday morning, Marketbeat Ratings reports. The brokerage issued a sector outperform rating and a $86.00 target price on the utilities provider’s stock.

Several other equities analysts also recently weighed in on OGS. Mizuho decreased their price target on shares of ONE Gas from $94.00 to $89.00 and set an “outperform” rating on the stock in a research note on Tuesday, June 9th. Weiss Ratings raised shares of ONE Gas from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, September 21st. LADENBURG THALM/SH SH upgraded shares of ONE Gas from a “neutral” rating to a “buy” rating and set a $85.50 price objective for the company in a report on Thursday, August 13th. Wells Fargo & Company raised shares of ONE Gas from a “strong sell” rating to an “equal weight” rating and set a $85.00 target price on the stock in a research note on Thursday, August 6th. Finally, BTIG Research restated a “buy” rating and set a $96.00 target price on shares of ONE Gas in a report on Thursday, July 23rd. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, ONE Gas currently has an average rating of “Moderate Buy” and an average price target of $88.71.

Get Our Latest Stock Report on OGS

ONE Gas Stock Down 0.2%

NYSE OGS opened at $71.69 on Tuesday. The business has a fifty day moving average price of $78.10 and a 200 day moving average price of $80.98. ONE Gas has a one year low of $70.37 and a one year 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 company has a market cap of $4.51 billion, a P/E ratio of 15.45, a P/E/G ratio of 1.97 and a beta of 0.64.

ONE Gas (NYSE:OGS – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $0.82 earnings per share 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 for the quarter, compared to analyst estimates of $410.29 million. During the same quarter last year, the firm posted $0.53 EPS. The firm’s revenue for the quarter was down 2.8% on a year-over-year basis. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. Research analysts anticipate that ONE Gas will post 4.92 EPS for the current fiscal year.

ONE Gas Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Monday, August 17th were given a dividend of $0.68 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $2.72 annualized dividend and a dividend yield of 3.8%. ONE Gas’s payout ratio is presently 58.62%.

Institutional Investors Weigh In On ONE Gas

Several hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of ONE Gas in the 2nd quarter valued at $701,266,000. Energy Income Partners LLC purchased a new stake in ONE Gas in the 2nd quarter valued at about $135,948,000. Goldman Sachs Group Inc. lifted its position in ONE Gas by 37.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,398,440 shares of the utilities provider’s stock valued at $108,029,000 after buying an additional 380,668 shares during the last quarter. Norges Bank acquired a new position in ONE Gas in the fourth quarter valued at about $70,767,000. Finally, Bank of New York Mellon Corp boosted its stake in ONE Gas by 2.2% during the first quarter. Bank of New York Mellon Corp now owns 763,877 shares of the utilities provider’s stock worth $65,793,000 after buying an additional 16,697 shares during the period. 88.71% of the stock is currently owned by institutional investors and hedge funds.