ONE Gas (NYSE:OGS - Get Free Report) posted its quarterly earnings data on Wednesday. The utilities provider reported $1.34 EPS for the quarter, meeting analysts' consensus estimates of $1.34, Zacks reports. ONE Gas had a net margin of 10.70% and a return on equity of 7.70%. The company had revenue of $630.70 million for the quarter, compared to analyst estimates of $973.58 million. ONE Gas updated its FY 2025 guidance to 4.200-4.320 EPS.
ONE Gas Stock Up 1.1 %
Shares of ONE Gas stock traded up $0.79 during trading hours on Friday, reaching $73.08. The company's stock had a trading volume of 569,761 shares, compared to its average volume of 420,955. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.37 and a current ratio of 0.64. ONE Gas has a one year low of $57.74 and a one year high of $78.89. The company has a market capitalization of $4.14 billion, a P/E ratio of 18.69, a P/E/G ratio of 3.64 and a beta of 0.72. The stock's fifty day simple moving average is $70.19 and its two-hundred day simple moving average is $71.54.
ONE Gas Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 21st will be issued a dividend of $0.67 per share. This is an increase from ONE Gas's previous quarterly dividend of $0.66. The ex-dividend date of this dividend is Friday, February 21st. This represents a $2.68 annualized dividend and a yield of 3.67%. ONE Gas's dividend payout ratio is presently 67.52%.
Analyst Ratings Changes
OGS has been the subject of several research analyst reports. StockNews.com raised ONE Gas from a "sell" rating to a "hold" rating in a research report on Thursday. LADENBURG THALM/SH SH downgraded ONE Gas from a "buy" rating to a "neutral" rating and set a $75.50 target price for the company. in a report on Friday, December 6th. Jefferies Financial Group cut their price target on ONE Gas from $79.00 to $76.00 and set a "hold" rating on the stock in a report on Tuesday, January 28th. Wells Fargo & Company lowered their price objective on shares of ONE Gas from $82.00 to $81.00 and set an "overweight" rating for the company in a research note on Wednesday, November 6th. Finally, Stifel Nicolaus boosted their target price on shares of ONE Gas from $73.00 to $74.00 and gave the company a "hold" rating in a research report on Friday, December 6th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, ONE Gas presently has a consensus rating of "Hold" and an average price target of $72.31.
Read Our Latest Stock Analysis on ONE Gas
About ONE Gas
(
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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.
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