What is Zacks Research’s Forecast for ONE Gas Q3 Earnings?

ONE Gas, Inc. (NYSE:OGS) – Research analysts at Zacks Research cut their Q3 2026 earnings per share (EPS) estimates for shares of ONE Gas in a research report issued to clients and investors on Monday, March 10th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings per share of $0.53 for the quarter, down from their prior estimate of $0.55. The consensus estimate for ONE Gas’ current full-year earnings is $4.26 per share. Zacks Research also issued estimates for ONE Gas’ Q4 2026 earnings at $1.35 EPS and FY2027 earnings at $4.64 EPS.

ONE Gas (NYSE:OGS) last issued its quarterly earnings results on Wednesday, February 19th. The utilities provider reported $1.34 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.34. The firm had revenue of $630.70 million for the quarter, compared to analysts’ expectations of $973.58 million. ONE Gas had a return on equity of 7.70% and a net margin of 10.70%.

A number of other brokerages have also recently weighed in on OGS. Stifel Nicolaus lifted their price target on ONE Gas from $73.00 to $74.00 and gave the stock a “hold” rating in a research note on Friday, December 6th. Jefferies Financial Group decreased their price objective on ONE Gas from $79.00 to $76.00 and set a “hold” rating for the company in a research report on Tuesday, January 28th. StockNews.com upgraded ONE Gas from a “sell” rating to a “hold” rating in a research report on Wednesday. LADENBURG THALM/SH SH lowered ONE Gas from a “buy” rating to a “neutral” rating and set a $75.50 price objective for the company. in a research report on Friday, December 6th. Finally, Bank of America initiated coverage on ONE Gas in a research report on Friday, December 13th. They set a “buy” rating and a $77.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, ONE Gas currently has an average rating of “Hold” and an average price target of $72.31.

ONE Gas Trading Down 1.1 %

Shares of OGS opened at $72.69 on Wednesday. The business’s 50-day moving average price is $71.49 and its 200 day moving average price is $72.15. The stock has a market capitalization of $4.35 billion, a P/E ratio of 18.59, a P/E/G ratio of 3.64 and a beta of 0.66. ONE Gas has a 1-year low of $58.31 and a 1-year high of $78.89. The company has a current ratio of 0.64, a quick ratio of 0.37 and a debt-to-equity ratio of 0.77.

Institutional Investors Weigh In On ONE Gas

Institutional investors have recently made changes to their positions in the company. UMB Bank n.a. lifted its holdings in shares of ONE Gas by 3,620.0% during the 4th quarter. UMB Bank n.a. now owns 372 shares of the utilities provider’s stock valued at $26,000 after buying an additional 362 shares during the last quarter. Coppell Advisory Solutions LLC acquired a new stake in ONE Gas in the 4th quarter worth approximately $26,000. Crews Bank & Trust acquired a new stake in ONE Gas in the 4th quarter worth approximately $35,000. Wilmington Savings Fund Society FSB acquired a new stake in ONE Gas in the 3rd quarter worth approximately $45,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in ONE Gas in the 4th quarter worth approximately $50,000. 88.71% of the stock is currently owned by institutional investors and hedge funds.

ONE Gas Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, February 21st were issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 3.69%. This is a positive change from ONE Gas’s previous quarterly dividend of $0.66. The ex-dividend date was Friday, February 21st. ONE Gas’s payout ratio is currently 68.54%.

About ONE Gas

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.