ONE Gas (NYSE:OGS) Updates FY 2026 Earnings Guidance

ONE Gas (NYSE:OGS) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 4.830-4.950 for the period, compared to the consensus earnings per share estimate of 4.840. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Mizuho reduced their price target on ONE Gas from $94.00 to $89.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 9th. Morgan Stanley increased their price objective on shares of ONE Gas from $80.00 to $81.00 and gave the company an “equal weight” rating in a research report on Friday, July 17th. Capital One Financial set a $93.00 price objective on shares of ONE Gas in a research note on Friday, June 12th. Truist Financial reduced their target price on shares of ONE Gas from $95.00 to $89.00 and set a “buy” rating on the stock in a research report on Wednesday, July 22nd. Finally, Wells Fargo & Company upgraded shares of ONE Gas from an “underweight” rating to an “equal weight” rating and set a $85.00 target price for the company in a research note on Thursday. Five research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, ONE Gas currently has an average rating of “Hold” and a consensus price target of $89.70.

ONE Gas Stock Up 0.5%

Shares of NYSE:OGS traded up $0.38 during trading on Thursday, hitting $79.63. The company’s stock had a trading volume of 198,458 shares, compared to its average volume of 553,756. The company has a market capitalization of $5.00 billion, a PE ratio of 17.14, a PEG ratio of 2.55 and a beta of 0.66. ONE Gas has a fifty-two week low of $73.91 and a fifty-two week high of $90.78. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.48 and a current ratio of 0.57. The stock’s 50-day moving average price is $78.09 and its two-hundred day moving average price is $82.56.

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 analysts’ consensus estimates of $0.63 by $0.19. ONE Gas had a return on equity of 8.92% and a net margin of 12.47%.The firm had revenue of $411.64 million during the quarter, compared to analyst estimates of $410.29 million. During the same quarter last year, the firm earned $0.53 EPS. ONE Gas’s quarterly revenue was down 2.8% on a year-over-year basis. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. As a group, sell-side analysts expect that ONE Gas will post 4.88 EPS for the current year.

ONE Gas Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 17th will be issued a $0.68 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $2.72 annualized dividend and a yield of 3.4%. ONE Gas’s dividend payout ratio is currently 58.62%.

Institutional Investors Weigh In On ONE Gas

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Alliancebernstein L.P. lifted its position in shares of ONE Gas by 1,393.0% during the second quarter. Alliancebernstein L.P. now owns 1,597,487 shares of the utilities provider’s stock worth $114,795,000 after purchasing an additional 1,490,492 shares during the last quarter. Morgan Stanley increased its holdings in ONE Gas by 28.2% in the fourth quarter. Morgan Stanley now owns 992,430 shares of the utilities provider’s stock valued at $76,665,000 after buying an additional 218,571 shares during the last quarter. Energy Income Partners LLC raised its stake in ONE Gas by 22.2% during the third quarter. Energy Income Partners LLC now owns 846,247 shares of the utilities provider’s stock valued at $68,495,000 after buying an additional 153,760 shares in the last quarter. Nuveen LLC raised its stake in ONE Gas by 101.1% during the fourth quarter. Nuveen LLC now owns 776,495 shares of the utilities provider’s stock valued at $59,984,000 after buying an additional 390,344 shares in the last quarter. Finally, Franklin Resources Inc. lifted its holdings in ONE Gas by 0.4% during the 3rd quarter. Franklin Resources Inc. now owns 720,381 shares of the utilities provider’s stock worth $58,308,000 after buying an additional 2,546 shares during the last quarter. Institutional investors own 88.71% of the company’s stock.

About ONE Gas

ONE Gas, Inc is a publicly traded natural gas utility company focused on the regulated distribution of natural gas to residential, commercial and industrial customers. Headquartered in Tulsa, Oklahoma, the company owns and operates an integrated system of transmission and distribution pipelines, storage facilities and compressor stations designed to deliver safe, reliable energy to end users. Its operations are governed by state utility commissions, which set rates and service standards in the markets the company serves.

The company’s service territory spans three states: Oklahoma, Kansas and the Texas Panhandle.