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Zacks Research Weighs in on ONE Gas' Q3 Earnings (NYSE:OGS)

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ONE Gas, Inc. (NYSE:OGS - Free Report) - Research analysts at Zacks Research decreased their Q3 2026 earnings per share estimates for ONE Gas in a report issued on Monday, March 10th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings per share of $0.53 for the quarter, down from their previous forecast of $0.55. The consensus estimate for ONE Gas' current full-year earnings is $4.26 per share. Zacks Research also issued estimates for ONE Gas' Q4 2026 earnings at $1.35 EPS and FY2027 earnings at $4.64 EPS.

ONE Gas (NYSE:OGS - Get Free Report) last announced its earnings results on Wednesday, February 19th. The utilities provider reported $1.34 EPS for the quarter, meeting the consensus estimate of $1.34. ONE Gas had a return on equity of 7.70% and a net margin of 10.70%. The business had revenue of $630.70 million during the quarter, compared to the consensus estimate of $973.58 million.

Other equities research analysts also recently issued reports about the company. Stifel Nicolaus increased their price objective on ONE Gas from $73.00 to $74.00 and gave the stock a "hold" rating in a research note on Friday, December 6th. StockNews.com raised ONE Gas from a "sell" rating to a "hold" rating in a research note on Wednesday. LADENBURG THALM/SH SH downgraded ONE Gas from a "buy" rating to a "neutral" rating and set a $75.50 price objective for the company. in a research note on Friday, December 6th. Jefferies Financial Group reduced their price objective on ONE Gas from $79.00 to $76.00 and set a "hold" rating for the company in a research note on Tuesday, January 28th. Finally, Bank of America initiated coverage on ONE Gas in a research note on Friday, December 13th. They set a "buy" rating and a $77.00 price target for the company. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, ONE Gas has a consensus rating of "Hold" and a consensus target price of $72.31.

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Check Out Our Latest Stock Report on ONE Gas

ONE Gas Trading Down 1.6 %

Shares of NYSE OGS opened at $73.60 on Wednesday. ONE Gas has a 12 month low of $58.31 and a 12 month high of $78.89. The company has a market cap of $4.41 billion, a price-to-earnings ratio of 18.82, a P/E/G ratio of 3.64 and a beta of 0.66. The company has a quick ratio of 0.37, a current ratio of 0.64 and a debt-to-equity ratio of 0.77. The business has a fifty day simple moving average of $71.42 and a 200-day simple moving average of $72.15.

ONE Gas Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Friday, February 21st were given a $0.67 dividend. This is an increase from ONE Gas's previous quarterly dividend of $0.66. The ex-dividend date was Friday, February 21st. This represents a $2.68 annualized dividend and a yield of 3.64%. ONE Gas's payout ratio is presently 68.54%.

Hedge Funds Weigh In On ONE Gas

Several institutional investors have recently bought and sold shares of the business. Arizona State Retirement System increased its stake in shares of ONE Gas by 0.9% in the 4th quarter. Arizona State Retirement System now owns 16,442 shares of the utilities provider's stock valued at $1,139,000 after buying an additional 152 shares during the period. Ameriprise Financial Inc. grew its stake in shares of ONE Gas by 0.3% during the fourth quarter. Ameriprise Financial Inc. now owns 61,011 shares of the utilities provider's stock worth $4,225,000 after purchasing an additional 154 shares during the period. Crossmark Global Holdings Inc. grew its stake in shares of ONE Gas by 4.4% during the third quarter. Crossmark Global Holdings Inc. now owns 3,734 shares of the utilities provider's stock worth $278,000 after purchasing an additional 159 shares during the period. Oppenheimer Asset Management Inc. grew its stake in shares of ONE Gas by 0.9% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 21,615 shares of the utilities provider's stock worth $1,497,000 after purchasing an additional 187 shares during the period. Finally, Nomura Asset Management Co. Ltd. grew its stake in shares of ONE Gas by 42.0% during the third quarter. Nomura Asset Management Co. Ltd. now owns 710 shares of the utilities provider's stock worth $53,000 after purchasing an additional 210 shares during the period. Institutional investors own 88.71% of the company's stock.

About ONE Gas

(Get Free Report)

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.

See Also

Earnings History and Estimates for ONE Gas (NYSE:OGS)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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