ONE Gas (OGS) to Release Earnings on Wednesday

ONE Gas (NYSE:OGS) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, February 21st. Analysts expect ONE Gas to post earnings of $0.88 per share for the quarter.

ONE Gas (OGS) traded down $0.86 during trading on Wednesday, reaching $66.53. The company’s stock had a trading volume of 230,679 shares, compared to its average volume of 249,709. ONE Gas has a 1 year low of $63.06 and a 1 year high of $79.51. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.73 and a current ratio of 1.14. The company has a market capitalization of $3,551.48, a PE ratio of 22.25, a PEG ratio of 3.76 and a beta of 0.03.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Friday, February 23rd will be given a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 2.77%. The ex-dividend date of this dividend is Thursday, February 22nd. This is a boost from ONE Gas’s previous quarterly dividend of $0.42. ONE Gas’s payout ratio is currently 56.19%.

A number of research analysts have issued reports on the company. Zacks Investment Research upgraded ONE Gas from a “hold” rating to a “buy” rating and set a $85.00 target price on the stock in a research report on Wednesday, November 8th. Morgan Stanley lifted their target price on ONE Gas from $72.00 to $75.00 and gave the company an “underweight” rating in a research report on Wednesday, December 13th. Jefferies Group reiterated a “sell” rating and issued a $63.00 target price on shares of ONE Gas in a research report on Wednesday, December 20th. Finally, Wells Fargo & Co set a $69.00 target price on ONE Gas and gave the company a “hold” rating in a research report on Tuesday. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $70.80.

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About ONE Gas

ONE Gas, Inc is a regulated natural gas distribution utility in the United States. The Company provides natural gas distribution services. The Company distributes natural gas in Oklahoma, Kansas and Texas. The Company serves residential, commercial and industrial, transportation and wholesale and public authority customers.

Earnings History for ONE Gas (NYSE:OGS)

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