ONEOK, Inc. (NYSE:OKE - Free Report) - Equities research analysts at US Capital Advisors lifted their Q2 2025 earnings estimates for ONEOK in a report issued on Tuesday, May 20th. US Capital Advisors analyst J. Carreker now anticipates that the utilities provider will post earnings of $1.49 per share for the quarter, up from their previous estimate of $1.45. 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 Q3 2025 earnings at $1.56 EPS, Q4 2025 earnings at $1.63 EPS, Q1 2026 earnings at $1.63 EPS, Q2 2026 earnings at $1.68 EPS and Q3 2026 earnings at $1.75 EPS.
A number of other research firms have also weighed in on OKE. Barclays lowered their target price on shares of ONEOK from $105.00 to $101.00 and set an "equal weight" rating on the stock in a report on Friday, March 7th. 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. Scotiabank dropped their target price on ONEOK from $100.00 to $96.00 and set a "sector outperform" rating on the stock in a report on Tuesday. Morgan Stanley lifted their target price on ONEOK from $111.00 to $133.00 and gave the company an "overweight" rating in a research report on Tuesday, March 25th. Finally, Stifel Nicolaus cut their target price on ONEOK from $110.00 to $107.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Six analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, ONEOK has an average rating of "Moderate Buy" and a consensus target price of $104.69.
View Our Latest Stock Report on ONEOK
ONEOK Stock Down 0.3%
OKE traded down $0.24 during midday trading on Wednesday, hitting $81.13. The company had a trading volume of 2,115,540 shares, compared to its average volume of 3,275,178. ONEOK has a 52 week low of $75.48 and a 52 week high of $118.07. The company has a quick ratio of 0.59, a current ratio of 0.81 and a debt-to-equity ratio of 1.59. The company has a market capitalization of $50.68 billion, a price-to-earnings ratio of 16.97, a PEG ratio of 3.77 and a beta of 1.01. The stock's 50 day moving average price is $87.26 and its 200 day moving average price is $97.22.
ONEOK (NYSE:OKE - Get Free Report) last posted its quarterly 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). ONEOK had a net margin of 14.05% and a return on equity of 16.84%. The company had revenue of $6.49 billion during the quarter, compared to the consensus estimate of $8.23 billion. During the same period last year, the firm posted $1.09 earnings per share.
Institutional Investors Weigh In On ONEOK
A number of institutional investors have recently added to or reduced their stakes in OKE. Vanguard Group Inc. boosted its stake in 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 acquiring an additional 5,076,705 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in ONEOK by 13.8% in 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 acquiring an additional 2,542,449 shares during the last quarter. Geode Capital Management LLC boosted its stake in ONEOK by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 14,037,890 shares of the utilities provider's stock valued at $1,405,697,000 after acquiring an additional 357,015 shares during the last quarter. Invesco Ltd. boosted its stake in ONEOK by 25.1% in the first quarter. Invesco Ltd. now owns 8,339,939 shares of the utilities provider's stock valued at $827,489,000 after acquiring an additional 1,674,706 shares during the last quarter. Finally, Tortoise Capital Advisors L.L.C. boosted its stake in ONEOK by 17.1% in the first quarter. Tortoise Capital Advisors L.L.C. now owns 7,171,795 shares of the utilities provider's stock valued at $711,586,000 after acquiring an additional 1,047,810 shares during the last quarter. 69.13% of the stock is owned by institutional investors.
ONEOK Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Monday, May 5th were given a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 5.08%. The ex-dividend date of this dividend was Monday, May 5th. ONEOK's payout ratio is 80.47%.
ONEOK Company Profile
(
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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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