Q3 Earnings Forecast for ONEOK Issued By US Capital Advisors

Key Points

• US Capital Advisors has increased their Q3 2025 EPS estimate for ONEOK to $1.58, slightly up from a prior estimate of $1.56, while the consensus for the full year stands at $5.07 per share.
• ONEOK reported Q1 earnings of $1.04 per share, missing expectations of $1.28, with a net margin of 12.15% and revenue of $6.49 billion, below forecasts of $8.23 billion.
• The company recently announced a dividend of $1.03 per share, resulting in a 5.03% annualized yield, with a payout ratio of 80.47%.

ONEOK, Inc. (NYSE:OKE - Free Report) - Equities researchers at US Capital Advisors boosted their Q3 2025 EPS estimates for shares of ONEOK in a note issued to investors on Monday, July 28th. US Capital Advisors analyst J. Carreker now expects that the utilities provider will post earnings of $1.58 per share for the quarter, up from their previous forecast of $1.56. 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 2025 earnings at $1.64 EPS.

ONEOK (NYSE:OKE - Get Free Report) last released 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 return on equity of 15.58% and a net margin of 12.15%. The firm had revenue of $6.49 billion for the quarter, compared to analysts' expectations of $8.23 billion. During the same period last year, the firm earned $1.09 EPS.

Several other equities research analysts also recently issued reports on OKE. Raymond James Financial restated an "outperform" rating on shares of ONEOK in a report on Friday. Citigroup dropped their price objective on ONEOK from $110.00 to $102.00 and set a "buy" rating on the stock in a report on Tuesday, May 6th. Barclays dropped their price objective on ONEOK from $101.00 to $91.00 and set an "equal weight" rating on the stock in a report on Tuesday, June 3rd. Scotiabank set a $92.00 price objective on ONEOK and gave the stock a "sector outperform" rating in a report on Tuesday, July 15th. Finally, Wells Fargo & Company dropped their price objective on ONEOK from $102.00 to $93.00 and set an "equal weight" rating on the stock in a report on Thursday, May 1st. Six equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $104.57.

ONEOK Stock Down 2.5%

OKE stock traded down $2.06 during midday trading on Tuesday, hitting $79.02. 3,638,011 shares of the company's stock were exchanged, compared to its average volume of 3,955,464. 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 12-month low of $75.47 and a 12-month high of $118.07. The firm has a 50 day moving average price of $81.46 and a 200-day moving average price of $88.95. The stock has a market capitalization of $49.75 billion, a price-to-earnings ratio of 15.43, a price-to-earnings-growth ratio of 1.95 and a beta of 0.93.

ONEOK Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 14th. Investors of record on Friday, August 1st will be given a dividend of $1.03 per share. The ex-dividend date is Friday, August 1st. This represents a $4.12 dividend on an annualized basis and a yield of 5.2%. ONEOK's payout ratio is currently 80.47%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in shares of ONEOK by 7.2% in the first quarter. Vanguard Group Inc. now owns 75,196,969 shares of the utilities provider's stock valued at $7,461,043,000 after buying an additional 5,076,705 shares during the period. Nuveen LLC purchased a new stake in shares of ONEOK during the first quarter valued at $440,535,000. Boston Partners purchased a new stake in shares of ONEOK during the first quarter valued at $353,596,000. Wellington Management Group LLP lifted its holdings in shares of ONEOK by 433.4% during the fourth quarter. Wellington Management Group LLP now owns 4,206,906 shares of the utilities provider's stock valued at $422,373,000 after purchasing an additional 3,418,207 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of ONEOK by 13.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 20,957,230 shares of the utilities provider's stock valued at $2,079,376,000 after purchasing an additional 2,542,449 shares during the last quarter. Institutional investors and hedge funds 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.