ONE Gas (NYSE:OGS) Updates FY 2025 Earnings Guidance

ONE Gas (NYSE:OGS) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 4.200-4.320 for the period, compared to the consensus earnings per share estimate of 4.210. The company issued revenue guidance of -.

ONE Gas Stock Down 2.5 %

Shares of OGS traded down $1.83 during midday trading on Thursday, hitting $70.59. The company had a trading volume of 238,424 shares, compared to its average volume of 404,508. The company’s 50-day simple moving average is $70.09 and its 200-day simple moving average is $71.42. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.37 and a current ratio of 0.50. The firm has a market capitalization of $4.00 billion, a P/E ratio of 18.37, a P/E/G ratio of 3.67 and a beta of 0.72. ONE Gas has a 1 year low of $57.74 and a 1 year high of $78.89.

ONE Gas (NYSE:OGS) last announced its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $1.34 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.34. The business had revenue of $630.70 million during the quarter, compared to analysts’ expectations of $973.58 million. ONE Gas had a return on equity of 7.71% and a net margin of 10.52%. As a group, sell-side analysts expect that ONE Gas will post 3.89 EPS for the current year.

ONE Gas Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, February 21st will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 3.80%. The ex-dividend date of this dividend is Friday, February 21st. This is a positive change from ONE Gas’s previous quarterly dividend of $0.66. ONE Gas’s dividend payout ratio (DPR) is 69.79%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on OGS. Jefferies Financial Group cut their target price on ONE Gas from $79.00 to $76.00 and set a “hold” rating on the stock in a research report on Tuesday, January 28th. Wells Fargo & Company cut their target price on ONE Gas from $82.00 to $81.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 6th. Stifel Nicolaus raised their target price on ONE Gas from $73.00 to $74.00 and gave the stock a “hold” rating in a research report on Friday, December 6th. StockNews.com lowered ONE Gas from a “hold” rating to a “sell” rating in a research report on Saturday, January 18th. Finally, Bank of America assumed coverage on ONE Gas in a research report on Friday, December 13th. They set a “buy” rating and a $77.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $72.31.

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.