Q2 Earnings Forecast for ONEOK Issued By US Capital Advisors

Key Points

• US Capital Advisors has revised ONEOK's Q2 2025 earnings per share estimate down from $1.49 to $1.47, while the full-year consensus estimate is projected at $5.07 per share.
• ONEOK's recent quarterly earnings report showed a miss of analysts' expectations, with earnings per share at $1.04 compared to the consensus of $1.28 and revenue of $6.49 billion, falling short of $8.23 billion expectations.
• The company announced a quarterly dividend of $1.03 per share, with a yield of 4.93% and a payout ratio of 80.47%, set to be paid on August 14th.

ONEOK, Inc. (NYSE:OKE - Free Report) - Investment analysts at US Capital Advisors decreased their Q2 2025 earnings per share estimates for ONEOK in a report issued on Monday, July 28th. US Capital Advisors analyst J. Carreker now forecasts that the utilities provider will earn $1.47 per share for the quarter, down from their previous estimate of $1.49. The consensus estimate for ONEOK's current full-year earnings is $5.07 per share. US Capital Advisors also issued estimates for ONEOK's FY2025 earnings at $5.71 EPS, Q1 2026 earnings at $1.65 EPS, Q2 2026 earnings at $1.71 EPS, Q3 2026 earnings at $1.78 EPS, Q4 2026 earnings at $1.83 EPS, FY2026 earnings at $6.97 EPS and FY2027 earnings at $7.89 EPS.

Other equities analysts have also issued research reports about the company. JPMorgan Chase & Co. upped their price target on ONEOK from $94.00 to $97.00 and gave the company an "overweight" rating in a research note on Thursday, July 3rd. Citigroup cut their target price on ONEOK from $110.00 to $102.00 and set a "buy" rating on the stock in a research note on Tuesday, May 6th. Scotiabank set a $92.00 target price on ONEOK and gave the company a "sector outperform" rating in a research note on Tuesday, July 15th. Wells Fargo & Company cut their target price on ONEOK from $102.00 to $93.00 and set an "equal weight" rating on the stock in a research note on Thursday, May 1st. Finally, Raymond James Financial cut their target price on ONEOK from $115.00 to $110.00 and set an "outperform" rating on the stock in a research note on Tuesday, July 22nd. Six research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $104.86.

ONEOK Trading Down 0.1%

Shares of OKE traded down $0.07 during trading hours on Wednesday, hitting $82.12. 4,207,929 shares of the stock traded hands, compared to its average volume of 2,967,718. The company has a current ratio of 0.67, a quick ratio of 0.52 and a debt-to-equity ratio of 1.35. ONEOK has a 1-year low of $75.47 and a 1-year high of $118.07. The firm has a market capitalization of $51.70 billion, a PE ratio of 16.04, a price-to-earnings-growth ratio of 1.95 and a beta of 0.93. The business has a fifty day moving average of $81.46 and a 200-day moving average of $88.95.

ONEOK (NYSE:OKE - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The utilities provider reported $1.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.28 by ($0.24). ONEOK had a net margin of 12.15% and a return on equity of 15.58%. The firm had revenue of $6.49 billion for the quarter, compared to analyst estimates of $8.23 billion. During the same period last year, the company earned $1.09 EPS.

ONEOK Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 14th. Stockholders of record on Friday, August 1st will be paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 5.0%. The ex-dividend date is Friday, August 1st. ONEOK's payout ratio is currently 80.47%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in OKE. Marcum Wealth LLC raised its stake in ONEOK by 1.1% in the 1st quarter. Marcum Wealth LLC now owns 10,250 shares of the utilities provider's stock valued at $1,017,000 after acquiring an additional 108 shares during the period. West Paces Advisors Inc. raised its stake in ONEOK by 4.7% in the 4th quarter. West Paces Advisors Inc. now owns 2,527 shares of the utilities provider's stock valued at $254,000 after acquiring an additional 114 shares during the period. Bogart Wealth LLC raised its stake in ONEOK by 3.1% in the 2nd quarter. Bogart Wealth LLC now owns 4,031 shares of the utilities provider's stock valued at $329,000 after acquiring an additional 122 shares during the period. Presima Securities ULC raised its stake in ONEOK by 1.4% in the 1st quarter. Presima Securities ULC now owns 9,477 shares of the utilities provider's stock valued at $940,000 after acquiring an additional 127 shares during the period. Finally, Morey & Quinn Wealth Partners LLC raised its stake in ONEOK by 0.8% in the 1st quarter. Morey & Quinn Wealth Partners LLC now owns 15,722 shares of the utilities provider's stock valued at $1,560,000 after acquiring an additional 130 shares during the period. 69.13% of the stock is currently owned by institutional investors.

About ONEOK

ONEOK, Inc engages in gathering, processing, fractionation, storage, transportation, and marketing of natural gas and natural gas liquids (NGL) in the United States. It operates through four segments: Natural Gas Gathering and Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products and Crude.