ONEOK, Inc. (NYSE:OKE - Free Report) - Stock analysts at US Capital Advisors reduced their FY2025 EPS estimates for shares of ONEOK in a research report issued on Tuesday, May 20th. US Capital Advisors analyst J. Carreker now expects that the utilities provider will post earnings of $5.69 per share for the year, down from their previous estimate of $5.97. US Capital Advisors currently has a "Strong-Buy" rating on the stock. The consensus estimate for ONEOK's current full-year earnings is $5.07 per share. US Capital Advisors also issued estimates for ONEOK's Q4 2026 earnings at $1.80 EPS, FY2026 earnings at $6.85 EPS and FY2027 earnings at $7.74 EPS.
A number of other analysts have also recently commented on OKE. Barclays lowered their price objective on shares of ONEOK from $105.00 to $101.00 and set an "equal weight" rating for the company in a research report on Friday, March 7th. Wells Fargo & Company lowered their price target on ONEOK from $102.00 to $93.00 and set an "equal weight" rating for the company in a report on Thursday, May 1st. Stifel Nicolaus cut their price objective on ONEOK from $110.00 to $107.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. Scotiabank decreased their price objective on ONEOK from $100.00 to $96.00 and set a "sector outperform" rating for the company in a research report on Tuesday. Finally, Wolfe Research upgraded shares of ONEOK from a "peer perform" rating to an "outperform" rating and set a $110.00 target price on the stock in a report on Monday, February 10th. Six research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $104.69.
Check Out Our Latest Stock Analysis on OKE
ONEOK Trading Down 2.2%
OKE opened at $81.91 on Thursday. ONEOK has a twelve month low of $75.48 and a twelve month high of $118.07. The firm has a market cap of $51.16 billion, a PE ratio of 17.13, a price-to-earnings-growth ratio of 3.77 and a beta of 1.01. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.59 and a current ratio of 0.81. The firm's fifty day moving average is $87.94 and its two-hundred day moving average is $97.44.
ONEOK (NYSE:OKE - Get Free Report) last released its earnings results on Tuesday, April 29th. The utilities provider reported $1.04 earnings per share for the quarter, missing the consensus estimate of $1.28 by ($0.24). The company had revenue of $6.49 billion during the quarter, compared to analyst estimates of $8.23 billion. ONEOK had a net margin of 14.05% and a return on equity of 16.84%. During the same period in the previous year, the company posted $1.09 EPS.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in OKE. Greenline Partners LLC bought a new stake in ONEOK during the 4th quarter worth about $32,000. First Pacific Financial acquired a new stake in shares of ONEOK in the first quarter valued at about $34,000. Vermillion Wealth Management Inc. bought a new stake in ONEOK during the fourth quarter worth about $37,000. Marshall & Sterling Wealth Advisors Inc. acquired a new position in ONEOK during the fourth quarter valued at approximately $39,000. Finally, Financial Network Wealth Advisors LLC boosted its position in ONEOK by 2,466.7% during the first quarter. Financial Network Wealth Advisors LLC now owns 385 shares of the utilities provider's stock valued at $38,000 after purchasing an additional 370 shares during the last quarter. Institutional investors and hedge funds own 69.13% of the company's stock.
ONEOK Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, May 5th were issued a $1.03 dividend. The ex-dividend date of this dividend was Monday, May 5th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 5.03%. ONEOK's dividend payout ratio (DPR) is presently 80.47%.
About ONEOK
(
Get Free Report)
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.
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