Headlines about ONE Gas (NYSE:OGS) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. ONE Gas earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave press coverage about the utilities provider an impact score of 46.8107198127304 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
ONE Gas (OGS) traded up 0.04% during midday trading on Monday, hitting $72.78. 143,389 shares of the stock were exchanged. ONE Gas has a 1-year low of $55.98 and a 1-year high of $73.34. The stock has a market cap of $3.82 billion, a PE ratio of 25.36 and a beta of 0.11. The company’s 50 day moving average is $70.86 and its 200-day moving average is $67.88.
ONE Gas (NYSE:OGS) last posted its quarterly earnings results on Monday, May 1st. The utilities provider reported $1.44 EPS for the quarter, topping the consensus estimate of $1.35 by $0.09. The firm had revenue of $550.41 million for the quarter, compared to the consensus estimate of $582.25 million. ONE Gas had a net margin of 10.33% and a return on equity of 8.02%. During the same period last year, the firm posted $1.22 earnings per share. On average, analysts expect that ONE Gas will post $2.97 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Monday, August 14th will be paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 2.31%. The ex-dividend date of this dividend is Thursday, August 10th. ONE Gas’s dividend payout ratio (DPR) is presently 58.74%.
A number of research firms have weighed in on OGS. BidaskClub lowered shares of ONE Gas from a “buy” rating to a “hold” rating in a report on Saturday, June 24th. Zacks Investment Research raised shares of ONE Gas from a “hold” rating to a “buy” rating and set a $77.00 target price on the stock in a report on Thursday, July 13th. Finally, Morgan Stanley boosted their target price on shares of ONE Gas from $68.00 to $70.00 and gave the stock an “underweight” rating in a report on Monday, May 8th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. ONE Gas presently has an average rating of “Hold” and an average target price of $65.33.
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In other ONE Gas news, Director Michael G. Hutchinson sold 1,000 shares of ONE Gas stock in a transaction that occurred on Monday, May 8th. The shares were sold at an average price of $69.28, for a total transaction of $69,280.00. Following the transaction, the director now directly owns 5,838 shares of the company’s stock, valued at $404,456.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.25% of the company’s stock.
ONE Gas Company Profile
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.
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