ONE Gas, Inc. (NYSE:OGS – Get Free Report) has earned a consensus rating of “Hold” from the thirteen analysts that are presently covering the firm, MarketBeat.com reports. Seven analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $86.46.
OGS has been the topic of a number of recent analyst reports. LADENBURG THALM/SH SH raised ONE Gas from a “neutral” rating to a “buy” rating and set a $85.50 price objective on the stock in a research note on Thursday, August 13th. Scotiabank started coverage on ONE Gas in a research note on Tuesday, September 29th. They set a “sector outperform” rating and a $86.00 target price for the company. Wells Fargo & Company upgraded ONE Gas from a “strong sell” rating to an “equal weight” rating and set a $85.00 target price for the company in a report on Thursday, August 6th. Truist Financial dropped their price target on ONE Gas from $89.00 to $87.00 and set a “buy” rating on the stock in a research note on Thursday, August 13th. Finally, Wall Street Zen raised ONE Gas from a “sell” rating to a “hold” rating in a research note on Saturday.
Check Out Our Latest Report on OGS
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of OGS. Caitong International Asset Management Co. Ltd increased its stake in ONE Gas by 495.7% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 560 shares of the utilities provider’s stock valued at $43,000 after purchasing an additional 466 shares in the last quarter. Bessemer Group Inc. boosted its position in shares of ONE Gas by 61.0% during the 1st quarter. Bessemer Group Inc. now owns 549 shares of the utilities provider’s stock worth $47,000 after purchasing an additional 208 shares in the last quarter. State of Wyoming bought a new position in shares of ONE Gas during the 2nd quarter worth about $60,000. Versant Capital Management Inc boosted its position in shares of ONE Gas by 219.3% during the 2nd quarter. Versant Capital Management Inc now owns 878 shares of the utilities provider’s stock worth $68,000 after purchasing an additional 603 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in shares of ONE Gas in the 2nd quarter valued at about $77,000. Institutional investors and hedge funds own 88.71% of the company’s stock.
ONE Gas Trading Down 0.3%
NYSE:OGS opened at $78.01 on Friday. ONE Gas has a 52 week low of $70.37 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’s fifty day moving average is $76.47 and its 200-day moving average is $79.69. The firm has a market cap of $4.90 billion, a P/E ratio of 16.81, a P/E/G ratio of 2.15 and a beta of 0.64.
ONE Gas (NYSE:OGS – Get Free Report) last announced its earnings results on Tuesday, August 4th. The utilities provider reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.19. The business had revenue of $411.64 million during the quarter, compared to the consensus estimate of $410.29 million. ONE Gas had a net margin of 12.47% and a return on equity of 8.81%. ONE Gas’s quarterly revenue was down 2.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.53 earnings per share. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. Equities analysts expect that ONE Gas will post 4.91 earnings per share for the current year.
ONE Gas Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Stockholders 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 dividend yield of 3.5%. ONE Gas’s payout ratio is currently 58.62%.
ONE Gas Company Profile
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