Q3 Earnings Estimate for ONEOK Issued By US Capital Advisors

Key Points

• US Capital Advisors raised its ONEOK earnings forecasts, lifting the Q3 2026 EPS estimate to $1.56 from $1.45 and projecting $5.90 in FY2026, $6.36 in FY2027, and $7.22 in FY2028.
• ONEOK recently beat quarterly expectations, reporting $1.53 EPS versus the $1.46 consensus on revenue of $12.05 billion. The company also pays a $1.07 quarterly dividend, equivalent to a 4.5% annualized yield.
• Analyst sentiment remains positive but measured: ONEOK carries a “Moderate Buy” consensus rating and an average price target of $91.94, while shares recently traded at $94.69 near their 52-week high.

ONEOK, Inc. (NYSE:OKE - Free Report) - Stock analysts at US Capital Advisors boosted their Q3 2026 EPS estimates for ONEOK in a research report issued on Thursday, August 20th. US Capital Advisors analyst J. Carreker now forecasts that the utilities provider will post earnings per share of $1.56 for the quarter, up from their previous forecast of $1.45. The consensus estimate for ONEOK's current full-year earnings is $5.82 per share. US Capital Advisors also issued estimates for ONEOK's Q4 2026 earnings at $1.52 EPS, FY2026 earnings at $5.90 EPS, Q1 2027 earnings at $1.51 EPS, Q2 2027 earnings at $1.57 EPS, Q3 2027 earnings at $1.63 EPS, Q4 2027 earnings at $1.66 EPS, FY2027 earnings at $6.36 EPS and FY2028 earnings at $7.22 EPS.

A number of other analysts also recently commented on OKE. Truist Financial boosted their price objective on ONEOK from $91.00 to $93.00 and gave the stock a "hold" rating in a research note on Monday, May 4th. Wall Street Zen raised ONEOK from a "sell" rating to a "hold" rating in a report on Sunday, August 9th. Raymond James Financial reiterated an "outperform" rating and issued a $92.00 price target on shares of ONEOK in a research report on Thursday, April 30th. Royal Bank Of Canada upped their price target on shares of ONEOK from $84.00 to $90.00 and gave the company a "sector perform" rating in a report on Tuesday, July 21st. Finally, Morgan Stanley raised their price objective on shares of ONEOK from $103.00 to $105.00 and gave the company an "equal weight" rating in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, ONEOK has an average rating of "Moderate Buy" and an average price target of $91.94.

ONEOK Stock Performance

Shares of NYSE OKE opened at $94.69 on Friday. The stock has a fifty day moving average price of $90.03 and a two-hundred day moving average price of $88.16. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.59 and a current ratio of 0.74. The firm has a market cap of $59.69 billion, a P/E ratio of 16.33, a PEG ratio of 2.69 and a beta of 0.73. ONEOK has a 1 year low of $64.02 and a 1 year high of $97.90.

ONEOK (NYSE:OKE - Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The utilities provider reported $1.53 EPS for the quarter, beating analysts' consensus estimates of $1.46 by $0.07. ONEOK had a net margin of 9.29% and a return on equity of 16.41%. The business had revenue of $12.05 billion for the quarter, compared to analyst estimates of $8.95 billion. During the same quarter last year, the business earned $1.34 earnings per share. ONEOK has set its FY 2026 guidance at 5.680-5.680 EPS.

Institutional Investors Weigh In On ONEOK

Hedge funds have recently modified their holdings of the stock. GTS Securities LLC increased its holdings in ONEOK by 4.3% during the second quarter. GTS Securities LLC now owns 2,573 shares of the utilities provider's stock worth $224,000 after buying an additional 105 shares during the last quarter. Meridian Wealth Management LLC lifted its stake in ONEOK by 1.8% in the second quarter. Meridian Wealth Management LLC now owns 6,598 shares of the utilities provider's stock valued at $574,000 after acquiring an additional 115 shares during the last quarter. Clearstead Trust LLC grew its position in shares of ONEOK by 4.7% in the 1st quarter. Clearstead Trust LLC now owns 2,632 shares of the utilities provider's stock valued at $238,000 after acquiring an additional 117 shares during the period. Hoxton Planning & Management LLC increased its stake in shares of ONEOK by 2.3% during the 4th quarter. Hoxton Planning & Management LLC now owns 5,372 shares of the utilities provider's stock worth $395,000 after purchasing an additional 120 shares during the last quarter. Finally, Welch Group LLC increased its stake in shares of ONEOK by 0.8% during the 1st quarter. Welch Group LLC now owns 14,859 shares of the utilities provider's stock worth $1,343,000 after purchasing an additional 122 shares during the last quarter. 69.13% of the stock is owned by hedge funds and other institutional investors.

ONEOK Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were issued a $1.07 dividend. This represents a $4.28 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Monday, August 3rd. ONEOK's payout ratio is presently 73.79%.

Key Headlines Impacting ONEOK

Here are the key news stories impacting ONEOK this week:

• Positive Sentiment: US Capital Advisors lifted earnings forecasts across multiple periods. The firm raised its Q3 2026 EPS estimate to $1.56 from $1.45 and its FY2026 forecast to $5.90 from $5.67, above the broader consensus of $5.82. It also increased FY2027 EPS to $6.36 from $6.12 and FY2028 EPS to $7.22 from $6.97. Estimates for each quarter of 2027 were also raised, signaling stronger expected operating performance. ONEOK analyst estimates
• Positive Sentiment: Analyst sentiment remains favorable. ONEOK has received a consensus “Moderate Buy” rating, while a Morgan Stanley analyst reportedly expects the stock to rise. These views reinforce the bullish impact of the upgraded earnings outlook. ONEOK consensus rating Morgan Stanley ONEOK outlook
• Positive Sentiment: Investors are highlighting ONEOK’s durable growth and income profile. A recent investment article described the high-yield pipeline operator as stronger than many investors recognize, supporting continued interest in the shares. High-yield pipeline stock investors keep underestimating
• Neutral Sentiment: Market momentum is supportive but raises valuation sensitivity. OKE is trading near its 52-week high and above both its 50-day and 200-day moving averages. Its beta of 0.73 may appeal to investors seeking lower volatility, although the stock’s 16.33 price-to-earnings ratio and debt-to-equity ratio of 1.34 could limit upside if earnings upgrades do not materialize.

About ONEOK

ONEOK, Inc NYSE: OKE is a publicly traded midstream energy company headquartered in Tulsa, Oklahoma. The company owns and operates a portfolio of natural gas and natural gas liquids (NGL) pipelines, processing facilities, fractionators and storage and terminal assets. Its operations are focused on gathering, processing, transporting, fractionating and marketing NGLs and interstate natural gas, providing critical infrastructure that connects hydrocarbon production to refineries, petrochemical plants and other end markets.

ONEOK's asset base includes pipeline systems and processing plants that move and condition natural gas, along with infrastructure for the transportation, storage and fractionation of NGLs such as ethane, propane and butane.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source