What is Scotiabank’s Estimate for ONE Gas FY2026 Earnings?

ONE Gas, Inc. (NYSE:OGS) – Investment analysts at Scotiabank upped their FY2026 earnings per share estimates for ONE Gas in a note issued to investors on Monday, November 2nd. Scotiabank analyst I. Rapp now anticipates that the utilities provider will post earnings per share of $4.89 for the year, up from their prior forecast of $4.88. Scotiabank currently has a “Sector Outperform” rating and a $87.00 target price on the stock. The consensus estimate for ONE Gas’ current full-year earnings is $4.91 per share. Scotiabank also issued estimates for ONE Gas’ FY2027 earnings at $5.00 EPS.

A number of other research analysts have also weighed in on OGS. Weiss Ratings raised shares of ONE Gas from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 23rd. BTIG Research reissued a “buy” rating and set a $95.00 price objective on shares of ONE Gas in a research report on Wednesday. Truist Financial dropped their price objective on shares of ONE Gas from $89.00 to $87.00 and set a “buy” rating on the stock in a report on Thursday, August 13th. LADENBURG THALM/SH SH upgraded shares of ONE Gas from a “neutral” rating to a “buy” rating and set a $85.50 price objective on the stock in a report on Thursday, August 13th. Finally, Wells Fargo & Company boosted their price objective on shares of ONE Gas from $85.00 to $86.00 and gave the company an “equal weight” rating in a research report on Wednesday. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $87.12.

ONE Gas Price Performance

NYSE OGS opened at $82.16 on Thursday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.37 and a current ratio of 0.58. The stock has a market cap of $5.16 billion, a price-to-earnings ratio of 17.52, a PEG ratio of 2.14 and a beta of 0.62. The business has a 50 day simple moving average of $76.26 and a 200 day simple moving average of $80.86. ONE Gas has a 52-week low of $70.37 and a 52-week high of $90.78.

ONE Gas (NYSE:OGS) last released its quarterly earnings data on Monday, November 2nd. The utilities provider reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.05. ONE Gas had a return on equity of 8.80% and a net margin of 12.61%. The business had revenue of $391.31 million for the quarter, compared to analysts’ expectations of $398.23 million. During the same quarter in the previous year, the business posted $0.44 EPS. ONE Gas’s revenue for the quarter was up 3.2% on a year-over-year basis.

ONE Gas Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Monday, November 16th will be given a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Monday, November 16th. ONE Gas’s dividend payout ratio (DPR) is currently 58.00%.

Institutional Investors Weigh In On ONE Gas

Several institutional investors have recently bought and sold shares of the company. Versant Capital Management Inc grew its stake in shares of ONE Gas by 19.9% during the 3rd quarter. Versant Capital Management Inc now owns 1,053 shares of the utilities provider’s stock worth $76,000 after acquiring an additional 175 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of ONE Gas by 10.4% in the second quarter. GAMMA Investing LLC now owns 2,089 shares of the utilities provider’s stock valued at $161,000 after purchasing an additional 197 shares during the last quarter. State of Michigan Retirement System raised its holdings in shares of ONE Gas by 1.4% in the first quarter. State of Michigan Retirement System now owns 14,404 shares of the utilities provider’s stock valued at $1,241,000 after purchasing an additional 200 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of ONE Gas by 1.1% in the first quarter. Cetera Investment Advisers now owns 19,653 shares of the utilities provider’s stock worth $1,693,000 after purchasing an additional 205 shares in the last quarter. Finally, Bessemer Group Inc. lifted its position in shares of ONE Gas by 61.0% in the first quarter. Bessemer Group Inc. now owns 549 shares of the utilities provider’s stock worth $47,000 after purchasing an additional 208 shares in the last quarter. Institutional investors own 88.71% of the company’s stock.

Key Stories Impacting ONE Gas

Here are the key news stories impacting ONE Gas this week:

• Positive Sentiment: BTIG raised its price target to $95. Scotiabank also increased its target, to $87, and reiterated a “sector outperform” rating. BTIG price target article Scotiabank rating information
• Positive Sentiment: ONE Gas reported Q3 EPS of $0.53, ahead of the $0.48 consensus, with revenue up 3.2% year over year on new rates and customer growth. It raised its 2026 EPS guidance to $4.95–$5.01, above the $4.91 consensus. Q3 earnings and guidance article
• Positive Sentiment: Shares crossed above their 200-day moving average, a potentially encouraging technical signal for investors. 200-day moving average article
• Neutral Sentiment: The company declared a quarterly dividend of $0.68 per share, equivalent to $2.72 annually and a stated yield of 3.4%. Revenue, however, came in below analysts’ estimates.

ONE Gas Company Profile