ONE Gas (NYSE:OGS – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 4.200-4.320 for the period, compared to the consensus EPS estimate of 4.210. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
Several research firms recently commented on OGS. Stifel Nicolaus increased their price objective on ONE Gas from $73.00 to $74.00 and gave the company a “hold” rating in a research note on Friday, December 6th. 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 research note on Friday, December 6th. Jefferies Financial Group cut their target price 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. Bank of America initiated coverage on ONE Gas in a research note on Friday, December 13th. They issued a “buy” rating and a $77.00 target price for the company. Finally, StockNews.com downgraded ONE Gas from a “hold” rating to a “sell” rating in a research note on Saturday, January 18th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $72.31.
Read Our Latest Research Report on OGS
ONE Gas Trading Down 2.5 %
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 analysts’ consensus estimates of $1.34. ONE Gas had a return on equity of 7.71% and a net margin of 10.52%. The company had revenue of $630.70 million during the quarter, compared to analysts’ expectations of $973.58 million. As a group, sell-side analysts forecast that ONE Gas will post 3.89 EPS for the current fiscal year.
ONE Gas Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 21st will be issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 3.80%. This is a boost from ONE Gas’s previous quarterly dividend of $0.66. The ex-dividend date of this dividend is Friday, February 21st. ONE Gas’s dividend payout ratio (DPR) is 69.79%.
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.
Further Reading
- Five stocks we like better than ONE Gas
- When to Sell a Stock for Profit or Loss
- Tesla: 2 Reasons to Buy, 1 Reason to Run
- Stock Splits, Do They Really Impact Investors?
- Should You Hold NVIDIA Stock for the Long Haul or Trade It?
- 3 Warren Buffett Stocks to Buy Now
- Humana Gains Despite Medicare Advantage Losses—What’s the Catch?
Receive News & Ratings for ONE Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ONE Gas and related companies with MarketBeat.com's FREE daily email newsletter.