Equities Analysts Set Expectations for ONEOK FY2026 Earnings

ONEOK, Inc. (NYSE:OKE - Free Report) - Stock analysts at US Capital Advisors raised their FY2026 earnings per share (EPS) estimates for ONEOK in a research note issued on Monday, April 28th. US Capital Advisors analyst J. Carreker now anticipates that the utilities provider will earn $6.95 per share for the year, up from their previous forecast of $6.94. US Capital Advisors 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 $1.83 EPS and FY2027 earnings at $7.81 EPS.

ONEOK (NYSE:OKE - Get Free Report) last released its quarterly earnings data 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). ONEOK had a net margin of 14.05% and a return on equity of 16.84%. The firm had revenue of $6.49 billion during the quarter, compared to the consensus estimate of $8.23 billion. During the same quarter in the previous year, the firm earned $1.09 earnings per share.

A number of other brokerages also recently commented on OKE. Morgan Stanley boosted their price objective on shares of ONEOK from $111.00 to $133.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 25th. Stifel Nicolaus decreased 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. Barclays dropped their price objective on ONEOK from $105.00 to $101.00 and set an "equal weight" rating on the stock in a research report on Friday, March 7th. Wells Fargo & Company reduced their target price on shares of ONEOK from $102.00 to $93.00 and set an "equal weight" rating for the company in a report on Thursday. Finally, Citigroup began coverage on shares of ONEOK in a report on Friday, February 28th. They issued a "buy" rating and a $110.00 price target on the stock. Seven investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $105.62.

ONEOK Stock Down 1.4 %

Shares of OKE traded down $1.15 during mid-day trading on Wednesday, hitting $80.60. The company's stock had a trading volume of 1,640,567 shares, compared to its average volume of 3,210,013. The company has a current ratio of 0.81, a quick ratio of 0.59 and a debt-to-equity ratio of 1.59. The company's 50-day moving average is $90.67 and its 200-day moving average is $98.63. ONEOK has a 52-week low of $75.48 and a 52-week high of $118.07. The firm has a market capitalization of $50.35 billion, a price-to-earnings ratio of 16.87, a PEG ratio of 3.77 and a beta of 1.01.

ONEOK Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Monday, May 5th will be paid a dividend of $1.03 per share. The ex-dividend date of this dividend is Monday, May 5th. This represents a $4.12 annualized dividend and a dividend yield of 5.11%. ONEOK's payout ratio is currently 80.47%.

Institutional Trading of ONEOK

Several large investors have recently added to or reduced their stakes in OKE. Norges Bank purchased a new stake in ONEOK in the fourth quarter valued at approximately $539,554,000. Wellington Management Group LLP boosted its holdings in shares of ONEOK by 433.4% in the 4th quarter. Wellington Management Group LLP now owns 4,206,906 shares of the utilities provider's stock valued at $422,373,000 after acquiring an additional 3,418,207 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of ONEOK by 240.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,790,760 shares of the utilities provider's stock worth $280,194,000 after acquiring an additional 1,971,147 shares during the period. Raymond James Financial Inc. purchased a new position in shares of ONEOK during the fourth quarter worth $182,694,000. Finally, ClearBridge Investments Ltd acquired a new position in ONEOK during the fourth quarter valued at $177,045,000. Hedge funds and other institutional investors own 69.13% of the company's stock.

ONEOK Company Profile

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.