ONE Gas (OGS) Projected to Post Quarterly Earnings on Wednesday

ONE Gas (NYSE:OGS - Get Free Report) is projected to issue its quarterly earnings data after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $1.34 per share and revenue of $973.58 million for the quarter. Parties that wish to register for the company's conference call can do so using this link.

ONE Gas Price Performance

OGS stock traded down $0.70 during trading on Friday, hitting $71.51. 441,198 shares of the company's stock traded hands, compared to its average volume of 409,942. ONE Gas has a 52 week low of $57.74 and a 52 week high of $78.89. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.37 and a current ratio of 0.50. The business has a fifty day simple moving average of $70.06 and a 200 day simple moving average of $71.36. The stock has a market capitalization of $4.05 billion, a price-to-earnings ratio of 18.62, a P/E/G ratio of 3.58 and a beta of 0.72.

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 given a dividend of $0.67 per share. The ex-dividend date is Friday, February 21st. This represents a $2.68 annualized dividend and a yield of 3.75%. This is a positive change from ONE Gas's previous quarterly dividend of $0.66. ONE Gas's dividend payout ratio (DPR) is 68.75%.

Analysts Set New Price Targets

OGS has been the subject of several research reports. Stifel Nicolaus increased their price objective 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. Bank of America assumed coverage on shares of ONE Gas in a research report on Friday, December 13th. They set a "buy" rating and a $77.00 price objective for the company. StockNews.com lowered shares of ONE Gas from a "hold" rating to a "sell" rating in a report on Saturday, January 18th. LADENBURG THALM/SH SH lowered shares of 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. Finally, Jefferies Financial Group lowered their target price on shares of ONE Gas from $79.00 to $76.00 and set a "hold" rating for the company in a report on Tuesday, January 28th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, ONE Gas presently has a consensus rating of "Hold" and an average target price of $72.31.

ONE Gas Company Profile

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.