Equities Analysts Offer Predictions for ONE Gas Q4 Earnings

ONE Gas, Inc. (NYSE:OGS) – Equities research analysts at Zacks Research increased their Q4 2024 earnings estimates for ONE Gas in a research report issued to clients and investors on Monday, November 25th. Zacks Research analyst R. Department now expects that the utilities provider will earn $1.29 per share for the quarter, up from their prior forecast of $1.21. The consensus estimate for ONE Gas’ current full-year earnings is $3.88 per share. Zacks Research also issued estimates for ONE Gas’ Q3 2025 earnings at $0.50 EPS, FY2025 earnings at $4.20 EPS and FY2026 earnings at $4.55 EPS.

OGS has been the subject of several other research reports. Morgan Stanley increased their target price on shares of ONE Gas from $63.00 to $69.00 and gave the company an “equal weight” rating in a research note on Wednesday, September 25th. StockNews.com cut shares of ONE Gas from a “hold” rating to a “sell” rating in a research note on Wednesday, November 13th. Finally, Wells Fargo & Company reduced their target price 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. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, ONE Gas has an average rating of “Hold” and an average price target of $68.10.

ONE Gas Stock Down 2.2 %

OGS stock opened at $76.99 on Wednesday. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.50 and a quick ratio of 0.37. The company has a 50-day moving average of $73.69 and a two-hundred day moving average of $68.31. ONE Gas has a 52-week low of $55.50 and a 52-week high of $78.89. The stock has a market capitalization of $4.36 billion, a price-to-earnings ratio of 20.05 and a beta of 0.67.

ONE Gas (NYSE:OGS) last released its quarterly earnings results on Monday, November 4th. The utilities provider reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.05). ONE Gas had a net margin of 10.52% and a return on equity of 7.71%. The firm had revenue of $340.40 million for the quarter, compared to the consensus estimate of $287.48 million. During the same quarter last year, the company earned $0.45 earnings per share. The firm’s revenue was up 1.4% on a year-over-year basis.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Transcendent Capital Group LLC lifted its stake in ONE Gas by 266.0% during the third quarter. Transcendent Capital Group LLC now owns 366 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 266 shares during the period. Rothschild Investment LLC bought a new position in ONE Gas during the second quarter worth about $30,000. EverSource Wealth Advisors LLC lifted its stake in ONE Gas by 150.4% during the second quarter. EverSource Wealth Advisors LLC now owns 581 shares of the utilities provider’s stock worth $40,000 after purchasing an additional 349 shares during the period. GAMMA Investing LLC lifted its stake in ONE Gas by 75.2% during the third quarter. GAMMA Investing LLC now owns 608 shares of the utilities provider’s stock worth $45,000 after purchasing an additional 261 shares during the period. Finally, Wilmington Savings Fund Society FSB bought a new position in ONE Gas during the third quarter worth about $45,000. Institutional investors own 88.71% of the company’s stock.

ONE Gas Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Tuesday, November 19th will be paid a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a yield of 3.43%. The ex-dividend date is Tuesday, November 19th. ONE Gas’s dividend payout ratio is 68.75%.

About ONE Gas

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.