ONE Gas, Inc. (NYSE:OGS) Stock Has Consensus Price Target of $87.12

ONE Gas, Inc. (NYSE:OGS) has been assigned an average recommendation of “Hold” from the thirteen brokerages that are covering the company, MarketBeat.com reports. Seven analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $87.12.

Several research analysts have recently issued reports on the company. LADENBURG THALM/SH SH raised ONE Gas from a “neutral” rating to a “buy” rating and set a $85.50 price target for the company in a research note on Thursday, August 13th. Truist Financial lowered their price objective on shares of ONE Gas from $89.00 to $87.00 and set a “buy” rating on the stock in a research note on Thursday, August 13th. Scotiabank assumed coverage on shares of ONE Gas in a report on Tuesday, September 29th. They set a “sector outperform” rating and a $86.00 target price for the company. BTIG Research restated a “buy” rating and set a $96.00 target price on shares of ONE Gas in a report on Thursday, July 23rd. Finally, Morgan Stanley cut their target price on shares of ONE Gas from $82.00 to $79.00 and set an “equal weight” rating for the company in a research report on Friday, September 18th.

Institutional Trading of ONE Gas

Several large investors have recently modified their holdings of OGS. Counterpoint Mutual Funds LLC acquired a new position in shares of ONE Gas in the third quarter valued at approximately $245,000. Farther Finance Advisors LLC raised its position in shares of ONE Gas by 24.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,227 shares of the utilities provider’s stock worth $448,000 after buying an additional 1,226 shares during the period. Worth Asset Management LLC acquired a new position in shares of ONE Gas in the 3rd quarter valued at about $234,000. Moody National Bank Trust Division acquired a new position in ONE Gas during the third quarter valued at approximately $780,000. Finally, Versant Capital Management Inc lifted its holdings in shares of ONE Gas by 19.9% during the 3rd quarter. Versant Capital Management Inc now owns 1,053 shares of the utilities provider’s stock valued at $76,000 after acquiring an additional 175 shares in the last quarter. 88.71% of the stock is currently owned by institutional investors and hedge funds.

ONE Gas Stock Down 1.3%

OGS opened at $74.65 on Friday. The business’s fifty day moving average is $76.76 and its two-hundred day moving average is $79.95. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.37 and a current ratio of 0.48. The company has a market cap of $4.69 billion, a price-to-earnings ratio of 16.09, a PEG ratio of 2.08 and a beta of 0.64. ONE Gas has a one year low of $70.37 and a one year high of $90.78.

ONE Gas (NYSE:OGS) last posted its earnings results on Tuesday, August 4th. The utilities provider reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.19. ONE Gas had a return on equity of 8.81% and a net margin of 12.47%. The company had revenue of $411.64 million for the quarter, compared to analyst estimates of $410.29 million. During the same quarter in the prior year, the company earned $0.53 earnings per share. ONE Gas’s revenue was down 2.8% compared to the same quarter last year. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. Analysts anticipate that ONE Gas will post 4.91 EPS for the current fiscal year.

ONE Gas Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 17th were issued a $0.68 dividend. This represents a $2.72 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, August 17th. ONE Gas’s dividend payout ratio is 58.62%.

About ONE Gas