ONE Gas, Inc. (NYSE:OGS) Stock Has Average Target Price of $88.95 According to Brokerages

ONE Gas, Inc. (NYSE:OGS) has received a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $88.95.

A number of research firms have recently commented on OGS. LADENBURG THALM/SH SH upgraded ONE Gas from a “neutral” rating to a “buy” rating and set a $85.50 price objective on the stock in a research note on Thursday, August 13th. Capital One Financial set a $93.00 price objective on shares of ONE Gas in a research report on Friday, June 12th. Wells Fargo & Company upgraded shares of ONE Gas from a “strong sell” rating to an “equal weight” rating and set a $85.00 target price for the company in a research note on Thursday, August 6th. Truist Financial decreased their target price on ONE Gas from $89.00 to $87.00 and set a “buy” rating on the stock in a research report on Thursday, August 13th. Finally, Wall Street Zen upgraded ONE Gas from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of OGS. BlackRock Inc. acquired a new stake in shares of ONE Gas during the 2nd quarter valued at about $701,266,000. Energy Income Partners LLC acquired a new position in ONE Gas in the second quarter worth about $135,948,000. Norges Bank acquired a new position in ONE Gas in the fourth quarter worth about $70,767,000. Bank of New York Mellon Corp bought a new position in ONE Gas during the second quarter worth about $56,308,000. Finally, Bank of America Corp DE bought a new position in ONE Gas during the second quarter worth about $44,011,000. 88.71% of the stock is currently owned by institutional investors and hedge funds.

ONE Gas Trading Down 0.6%

NYSE OGS opened at $71.88 on Tuesday. ONE Gas has a 1-year low of $71.60 and a 1-year high of $90.78. The firm’s fifty day simple moving average is $78.88 and its 200-day simple moving average is $81.50. The company has a current ratio of 0.48, a quick ratio of 0.37 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $4.52 billion, a PE ratio of 15.49, a price-to-earnings-growth ratio of 2.02 and a beta of 0.67.

ONE Gas (NYSE:OGS) last issued its quarterly earnings data 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. The firm had revenue of $411.64 million for the quarter, compared to analyst estimates of $410.29 million. ONE Gas had a net margin of 12.47% and a return on equity of 8.81%. The company’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.53 earnings per share. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. As a group, sell-side analysts anticipate that ONE Gas will post 4.92 earnings per share for the current fiscal year.

ONE Gas Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Monday, August 17th were issued a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, August 17th. ONE Gas’s dividend payout ratio (DPR) is presently 58.62%.

ONE Gas Company Profile