ONE Gas (OGS) Stock Price, News & Analysis

Company Overview

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. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma.

Key Stats

• Today's Range: $77.38 to $78.21
• 50-Day Range: $69.97 to $76.85
• 52-Week Range: $55.50 to $78.21
• Volume: 263,235 shs
• Average Volume: 406,375 shs
• Market Capitalization: $4.41 billion
• P/E Ratio: 20.28
• Dividend Yield: 3.39%
• Price Target: $68.10
• Consensus Rating: Hold

ONE Gas Stock Analysis - MarketRank™

ONE Gas scored higher than 67% of companies evaluated by MarketBeat, and ranked 57th out of 92 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

ONE Gas has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

ONE Gas has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.25%

Earnings Growth

Earnings for ONE Gas are expected to grow by 8.25% in the coming year, from $3.88 to $4.20 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of ONE Gas is 20.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of ONE Gas is 20.28, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 102.47.

Price to Book Value per Share Ratio

ONE Gas has a P/B Ratio of 1.57. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.93% of the outstanding shares of ONE Gas have been sold short.

Short Interest Ratio / Days to Cover

ONE Gas has a short interest ratio ("days to cover") of 9.5.

Change versus previous month

Short interest in ONE Gas has recently decreased by 2.61%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

ONE Gas pays a meaningful dividend of 3.45%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

ONE Gas does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of ONE Gas is 68.75%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, ONE Gas will have a dividend payout ratio of 62.86% next year. This indicates that ONE Gas will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.9 / 5
• Environmental Score: -7.67

Percentage of Shares Shorted

5.93% of the outstanding shares of ONE Gas have been sold short.

Short Interest Ratio / Days to Cover

ONE Gas has a short interest ratio ("days to cover") of 9.5.

Change versus previous month

Short interest in ONE Gas has recently decreased by 2.61%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.84

News Sentiment

ONE Gas has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for ONE Gas this week, compared to 4 articles on an average week.

Search Interest

2 people have searched for OGS on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, ONE Gas insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.38% of the stock of ONE Gas is held by insiders.

Percentage Held by Institutions

88.71% of the stock of ONE Gas is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

OGS Stock Analysis - Frequently Asked Questions

How have OGS shares performed this year?

ONE Gas' stock was trading at $63.72 at the beginning of 2024. Since then, OGS stock has increased by 22.2% and is now trading at $77.87.
View the best growth stocks for 2024 here.

How were ONE Gas' earnings last quarter?

ONE Gas, Inc. (NYSE:OGS) announced its quarterly earnings results on Monday, November, 4th. The utilities provider reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.39 by $0.05. The business's quarterly revenue was up 1.4% on a year-over-year basis.

Who are ONE Gas' major shareholders?

Top institutional shareholders of ONE Gas include Wellington Management Group LLP (6.13%), State Street Corp (5.19%), Geode Capital Management LLC (2.39%) and Victory Capital Management Inc. (1.92%). Insiders that own company stock include Michael G Hutchinson and Eduardo A Rodriguez.
View institutional ownership trends.

How do I buy shares of ONE Gas?

Shares of OGS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of ONE Gas own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ONE Gas investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), JPMorgan Chase & Co. (JPM), Chevron (CVX), Visa (V) and Advanced Micro Devices (AMD).

Company Calendar

• Ex-Dividend for 8/30 Dividend: 8/14/2024
• Dividend Payable: 8/30/2024
• Last Earnings: 11/04/2024
• Ex-Dividend for 12/4 Dividend: 11/19/2024
• Today: 11/22/2024
• Dividend Payable: 12/04/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/19/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Natural gas distribution
• Sub-Industry: Utilities
• Current Symbol: NYSE:OGS
• CUSIP: N/A
• CIK: 1587732
• Web: www.onegas.com
• Phone: (918) 947-7000
• Fax: N/A
• Employees: 3,900
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $68.10
• High Stock Price Target: $81.00
• Low Stock Price Target: $61.00
• Potential Upside/Downside: -12.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.84
• Trailing P/E Ratio: 20.28
• Forward P/E Ratio: 20.07
• P/E Growth: N/A
• Net Income: $231.23 million
• Net Margins: 10.52%
• Pretax Margin: 12.46%
• Return on Equity: 7.71%
• Return on Assets: 2.76%

Debt

• Debt-to-Equity Ratio: 0.85
• Current Ratio: 0.50
• Quick Ratio: 0.37

Sales & Book Value

• Annual Sales: $2.06 billion
• Price / Sales: 2.14
• Cash Flow: $9.38 per share
• Price / Cash Flow: 8.30
• Book Value: $49.65 per share
• Price / Book: 1.57

Miscellaneous

• Outstanding Shares: 56,655,000
• Free Float: 55,873,000
• Market Cap: $4.41 billion
• Optionable: Optionable
• Beta: 0.67