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

ONE Gas (NYSE:OGS) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 4.830-4.950 for the period, compared to the consensus estimate of 4.570. The company issued revenue guidance of -.

ONE Gas Trading Up 1.8%

Shares of OGS opened at $85.50 on Friday. The business’s 50-day moving average price is $79.41 and its 200-day moving average price is $79.00. The stock has a market cap of $5.13 billion, a PE ratio of 19.57, a P/E/G ratio of 2.20 and a beta of 0.81. ONE Gas has a twelve month low of $68.58 and a twelve month high of $86.77. The company has a quick ratio of 0.33, a current ratio of 0.47 and a debt-to-equity ratio of 0.74.

ONE Gas (NYSE:OGS) last announced its earnings results on Wednesday, February 18th. The utilities provider reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.06. The business had revenue of $689.37 million during the quarter, compared to analyst estimates of $990.44 million. ONE Gas had a net margin of 10.89% and a return on equity of 8.40%. ONE Gas’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.34 earnings per share. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. On average, equities analysts forecast that ONE Gas will post 4.26 EPS for the current fiscal year.

ONE Gas Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Friday, February 20th will be given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 3.2%. The ex-dividend date is Friday, February 20th. This is a positive change from ONE Gas’s previous quarterly dividend of $0.67. ONE Gas’s dividend payout ratio is 62.47%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Bank of America upped their target price on shares of ONE Gas from $90.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday, December 4th. UBS Group lowered their target price on shares of ONE Gas from $86.00 to $83.00 and set a “neutral” rating for the company in a report on Wednesday, December 17th. Mizuho upped their price target on ONE Gas from $87.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 3rd. Morgan Stanley reiterated an “underperform” rating and set a $73.00 price objective on shares of ONE Gas in a research note on Wednesday, January 21st. Finally, Weiss Ratings cut ONE Gas from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 5th. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $85.57.

Hedge Funds Weigh In On ONE Gas

A number of hedge funds have recently made changes to their positions in OGS. Alliancebernstein L.P. lifted its position in ONE Gas by 1,393.0% in the second quarter. Alliancebernstein L.P. now owns 1,597,487 shares of the utilities provider’s stock worth $114,795,000 after buying an additional 1,490,492 shares during the last quarter. Nuveen LLC raised its stake in shares of ONE Gas by 101.1% in the fourth quarter. Nuveen LLC now owns 776,495 shares of the utilities provider’s stock valued at $59,984,000 after acquiring an additional 390,344 shares during the period. Squarepoint Ops LLC lifted its holdings in shares of ONE Gas by 187.1% in the 2nd quarter. Squarepoint Ops LLC now owns 550,521 shares of the utilities provider’s stock worth $39,560,000 after acquiring an additional 358,779 shares during the last quarter. Deutsche Bank AG lifted its holdings in shares of ONE Gas by 339.8% in the 4th quarter. Deutsche Bank AG now owns 356,977 shares of the utilities provider’s stock worth $27,576,000 after acquiring an additional 275,809 shares during the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of ONE Gas during the 2nd quarter worth about $16,354,000. 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.