ONEOK (OKE) Expected to Announce Quarterly Earnings on Monday

Key Points

• ONEOK is set to announce its Q2 2025 earnings on August 4th, with analysts projecting earnings of $1.31 per share and revenue of $7.20 billion.
• The company has declared a quarterly dividend of $1.03 per share, yielding 5.05%, with a payout ratio of 80.47%.
• Recent analyst ratings for ONEOK show a consensus rating of "Moderate Buy" and a target price of approximately $104.86.

ONEOK (NYSE:OKE - Get Free Report) will likely be announcing its Q2 2025 earnings results after the market closes on Monday, August 4th. Analysts expect ONEOK to post earnings of $1.31 per share and revenue of $7.20 billion for the quarter. ONEOK has set its FY 2025 guidance at 5.370-5.370 EPS.

ONEOK (NYSE:OKE - Get Free Report) last announced its 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). The firm had revenue of $6.49 billion during the quarter, compared to analysts' expectations of $8.23 billion. ONEOK had a return on equity of 15.58% and a net margin of 12.15%. During the same period in the previous year, the business posted $1.09 earnings per share. On average, analysts expect ONEOK to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

ONEOK Stock Performance

NYSE:OKE traded up $0.30 on Monday, hitting $81.84. The stock had a trading volume of 2,335,006 shares, compared to its average volume of 3,022,571. The stock has a market cap of $51.52 billion, a price-to-earnings ratio of 15.98, a price-to-earnings-growth ratio of 1.90 and a beta of 0.93. The company has a quick ratio of 0.52, a current ratio of 0.67 and a debt-to-equity ratio of 1.35. The business's 50-day simple moving average is $81.44 and its two-hundred day simple moving average is $89.19. ONEOK has a 52-week low of $75.47 and a 52-week high of $118.07.

ONEOK Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 14th. Shareholders of record on Friday, August 1st will be given a $1.03 dividend. The ex-dividend date of this dividend is Friday, August 1st. This represents a $4.12 annualized dividend and a yield of 5.03%. ONEOK's payout ratio is 80.47%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on OKE. Stifel Nicolaus cut their price objective on ONEOK from $110.00 to $107.00 and set a "buy" rating for the company in a research note on Thursday, May 1st. TD Cowen began coverage on shares of ONEOK in a research report on Monday, July 7th. They set a "hold" rating and a $91.00 price objective on the stock. Wells Fargo & Company decreased their price objective on shares of ONEOK from $102.00 to $93.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 1st. Raymond James Financial decreased their price objective on shares of ONEOK from $115.00 to $110.00 and set an "outperform" rating on the stock in a research report on Tuesday, July 22nd. Finally, Scotiabank set a $92.00 price objective on shares of ONEOK and gave the company a "sector outperform" rating in a research report on Tuesday, July 15th. Six analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, ONEOK presently has an average rating of "Moderate Buy" and an average target price of $104.86.

Hedge Funds Weigh In On ONEOK

Large investors have recently modified their holdings of the stock. Brighton Jones LLC increased its position in shares of ONEOK by 137.1% during the 4th quarter. Brighton Jones LLC now owns 15,278 shares of the utilities provider's stock valued at $1,534,000 after purchasing an additional 8,834 shares during the last quarter. Empowered Funds LLC increased its position in shares of ONEOK by 0.8% during the 1st quarter. Empowered Funds LLC now owns 17,957 shares of the utilities provider's stock valued at $1,782,000 after purchasing an additional 137 shares during the last quarter. Finally, Acadian Asset Management LLC bought a new position in ONEOK in the 1st quarter valued at $216,000. Institutional investors own 69.13% of the company's stock.

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.