Zacks Research Weighs in on ONE Gas’ Q3 Earnings (NYSE:OGS)

ONE Gas, Inc. (NYSE:OGS) – Stock analysts at Zacks Research cut their Q3 2025 earnings per share estimates for ONE Gas in a research report issued to clients and investors on Tuesday, October 21st. Zacks Research analyst Team now anticipates that the utilities provider will earn $0.47 per share for the quarter, down from their previous estimate of $0.53. The consensus estimate for ONE Gas’ current full-year earnings is $4.26 per share. Zacks Research also issued estimates for ONE Gas’ Q4 2025 earnings at $1.35 EPS and Q4 2026 earnings at $1.37 EPS.

Several other research analysts have also recently weighed in on OGS. Mizuho raised ONE Gas from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $77.00 to $86.00 in a research report on Friday, September 26th. Jefferies Financial Group set a $99.00 price objective on ONE Gas and gave the stock a “buy” rating in a research report on Wednesday. Weiss Ratings reissued a “buy (b-)” rating on shares of ONE Gas in a research report on Wednesday, October 8th. Finally, Morgan Stanley reissued an “outperform” rating and issued a $72.00 price objective on shares of ONE Gas in a research report on Wednesday. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, ONE Gas currently has an average rating of “Moderate Buy” and an average target price of $80.69.

ONE Gas Stock Up 0.5%

OGS stock opened at $82.39 on Thursday. The stock’s fifty day simple moving average is $77.69 and its two-hundred day simple moving average is $75.57. The company has a current ratio of 0.52, a quick ratio of 0.42 and a debt-to-equity ratio of 0.74. ONE Gas has a 1-year low of $66.38 and a 1-year high of $83.27. The stock has a market cap of $4.94 billion, a P/E ratio of 19.66, a P/E/G ratio of 3.39 and a beta of 0.85.

ONE Gas (NYSE:OGS) last posted its quarterly earnings data on Tuesday, August 5th. The utilities provider reported $0.53 earnings per share for the quarter, hitting the consensus estimate of $0.53. ONE Gas had a return on equity of 8.07% and a net margin of 10.63%.The business had revenue of $423.70 million for the quarter, compared to analysts’ expectations of $432.69 million. During the same quarter in the previous year, the firm earned $0.48 earnings per share. The business’s revenue was up 19.7% on a year-over-year basis. ONE Gas has set its FY 2025 guidance at 4.320-4.420 EPS.

ONE Gas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Investors of record on Monday, August 18th were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Monday, August 18th. ONE Gas’s payout ratio is presently 63.96%.

Institutional Trading of ONE Gas

A number of hedge funds and other institutional investors have recently made changes to their positions in OGS. Alliancebernstein L.P. raised its stake in shares of ONE Gas by 1,393.0% during the 2nd quarter. Alliancebernstein L.P. now owns 1,597,487 shares of the utilities provider’s stock valued at $114,795,000 after purchasing an additional 1,490,492 shares during the period. Norges Bank bought a new stake in shares of ONE Gas during the 2nd quarter valued at $47,922,000. Nuveen LLC bought a new stake in shares of ONE Gas during the 1st quarter valued at $29,697,000. Squarepoint Ops LLC raised its stake in shares of ONE Gas by 187.1% during the 2nd quarter. Squarepoint Ops LLC now owns 550,521 shares of the utilities provider’s stock valued at $39,560,000 after purchasing an additional 358,779 shares during the period. Finally, Marshall Wace LLP raised its stake in shares of ONE Gas by 1,811.7% during the 2nd quarter. Marshall Wace LLP now owns 256,498 shares of the utilities provider’s stock valued at $18,432,000 after purchasing an additional 243,081 shares during the period. 88.71% of the stock is currently owned by institutional investors.

ONE Gas Company Profile

ONE Gas, Inc, together with its subsidiaries, operates as a regulated natural gas distribution company in the United States. The company provides natural gas distribution services to approximately 2.3 million customers in Oklahoma, Kansas, and Texas. It serves residential, commercial, and transportation customers.