ONE Gas (OGS) to Release Earnings on Wednesday

ONE Gas (NYSE:OGS) will likely be releasing its earnings data after the market closes on Wednesday, February 19th. Analysts expect ONE Gas to post earnings of $1.34 per share and revenue of $973.58 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

ONE Gas Trading Down 1.0 %

Shares of OGS stock opened at $71.51 on Monday. ONE Gas has a 12-month low of $57.74 and a 12-month high of $78.89. The company has a current ratio of 0.50, a quick ratio of 0.37 and a debt-to-equity ratio of 0.85. The stock’s 50-day moving average price is $70.06 and its 200-day moving average price is $71.37. The stock has a market capitalization of $4.05 billion, a price-to-earnings ratio of 18.62, a price-to-earnings-growth ratio of 3.58 and a beta of 0.72.

ONE Gas Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, February 21st will be issued a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 3.75%. This is a boost from ONE Gas’s previous quarterly dividend of $0.66. The ex-dividend date of this dividend is Friday, February 21st. ONE Gas’s payout ratio is 68.75%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on OGS. StockNews.com cut ONE Gas from a “hold” rating to a “sell” rating in a report on Saturday, January 18th. Jefferies Financial Group dropped their price target 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. 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 report on Friday, December 6th. LADENBURG THALM/SH SH lowered ONE Gas from a “buy” rating to a “neutral” rating and set a $75.50 price target for the company. in a research report on Friday, December 6th. Finally, Bank of America began coverage on ONE Gas in a research report on Friday, December 13th. They issued a “buy” rating and a $77.00 price target for the company. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target 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.