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

ONE Gas, Inc. (NYSE:OGS) – Equities research analysts at Zacks Research reduced their Q3 2026 earnings per share (EPS) estimates for shares of ONE Gas in a report issued on Monday, March 10th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings of $0.53 per share for the quarter, down from their previous 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.

OGS has been the topic of several other reports. Bank of America initiated coverage on ONE Gas in a research report on Friday, December 13th. They issued a “buy” rating and a $77.00 price target on the stock. 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. StockNews.com raised ONE Gas from a “sell” rating to a “hold” rating in a research report on Wednesday. Jefferies Financial Group dropped their price target 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. Finally, LADENBURG THALM/SH SH cut ONE Gas from a “buy” rating to a “neutral” rating and set a $75.50 price objective on the stock. in a research report on Friday, December 6th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, ONE Gas has a consensus rating of “Hold” and a consensus price target of $72.31.

ONE Gas Stock Performance

Shares of NYSE OGS opened at $72.69 on Wednesday. The company has a quick ratio of 0.37, a current ratio of 0.64 and a debt-to-equity ratio of 0.77. The business’s 50 day moving average is $71.49 and its two-hundred day moving average is $72.15. The company has a market cap 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 12 month low of $58.31 and a 12 month high of $78.89.

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

Institutional Trading of ONE Gas

Large investors have recently bought and sold shares of the stock. Coppell Advisory Solutions LLC bought a new stake in ONE Gas in the fourth quarter valued at $26,000. UMB Bank n.a. grew its position in ONE Gas by 3,620.0% in the fourth quarter. UMB Bank n.a. now owns 372 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 362 shares during the period. Crews Bank & Trust bought a new stake in ONE Gas in the fourth quarter valued at $35,000. Wilmington Savings Fund Society FSB bought a new stake in ONE Gas in the third quarter valued at $45,000. Finally, Nomura Asset Management Co. Ltd. grew its position in ONE Gas by 42.0% in the third quarter. Nomura Asset Management Co. Ltd. now owns 710 shares of the utilities provider’s stock valued at $53,000 after acquiring an additional 210 shares during the period. 88.71% of the stock is currently owned by institutional investors.

ONE Gas Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Friday, February 21st were given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 3.69%. This is a boost from ONE Gas’s previous quarterly dividend of $0.66. The ex-dividend date was Friday, February 21st. ONE Gas’s dividend payout ratio is 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.