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

by · The Cerbat Gem

ONE Gas, Inc. (NYSE:OGS – Get Free Report) 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.

Read Our Latest Report on OGS

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 – Get Free Report) 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

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