ONEOK Stock Price, Forecast & Analysis (NYSE:OKE)

ONEOK trades on the New York Stock Exchange (NYSE) under the ticker symbol "OKE."

ONEOK declared a quarterly dividend on Wednesday, October 23rd. Stockholders of record on Monday, November 4th will be paid a dividend of $0.915 per share on Thursday, November 14th. This represents a $3.66 annualized dividend and a dividend yield of 5.12%. The ex-dividend date is Friday, November 1st. This is an increase from ONEOK's previous quarterly dividend of $0.89. View ONEOK's Dividend History.

ONEOK, Inc. (NYSE:OKE) posted its earnings results on Tuesday, October, 29th. The utilities provider reported $0.74 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.74. The utilities provider had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.36 billion. ONEOK had a return on equity of 19.56% and a net margin of 11.76%. During the same quarter in the prior year, the company earned $0.75 earnings per share. View ONEOK's Earnings History.

ONEOK is scheduled to release their next quarterly earnings announcement on Monday, February 24th 2020. View Earnings Estimates for ONEOK.

17 brokerages have issued 12 month price objectives for ONEOK's stock. Their forecasts range from $66.00 to $82.00. On average, they expect ONEOK's stock price to reach $74.32 in the next year. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Price Targets for ONEOK.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ONEOK in the last year. There are currently 8 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ONEOK.

News coverage about OKE stock has been trending somewhat negative this week, InfoTrie reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. ONEOK earned a daily sentiment score of -1.7 on InfoTrie's scale. They also gave media headlines about the utilities provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for ONEOK.

ONEOK saw a drop in short interest in October. As of October 15th, there was short interest totalling 10,510,000 shares, a drop of 8.4% from the September 15th total of 11,470,000 shares. Based on an average daily trading volume, of 2,070,000 shares, the short-interest ratio is presently 5.1 days. Approximately 2.6% of the shares of the company are sold short. View ONEOK's Current Options Chain.

Some companies that are related to ONEOK include Atmos Energy (ATO), UGI (UGI), Southwest Gas (SWX), National Fuel Gas (NFG), New Jersey Resources (NJR), South Jersey Industries (SJI), Northwest Natural (NWN) and Chesapeake Utilities (CPK).

Based on aggregate information from My MarketBeat watchlists, some companies that other ONEOK investors own include AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD), Exxon Mobil (XOM), AbbVie (ABBV), Johnson & Johnson (JNJ), Boeing (BA), Chevron (CVX), Kinder Morgan (KMI) and Cisco Systems (CSCO).

ONEOK's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Kayne Anderson Capital Advisors LP (1.76%), Sumitomo Mitsui Trust Holdings Inc. (0.39%), Chickasaw Capital Management LLC (0.33%), State of Tennessee Treasury Department (0.24%), CIBC Private Wealth Group LLC (0.23%) and Gabelli Funds LLC (0.22%). Company insiders that own ONEOK stock include Brian L Derksen, Eduardo A Rodriguez and Sheppard F Miers III. View Institutional Ownership Trends for ONEOK.

OKE stock was sold by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Kayne Anderson Capital Advisors LP, SG Americas Securities LLC, AMF Pensionsforsakring AB, First Trust Advisors LP, Walnut Private Equity Partners LLC, Alps Advisors Inc. and Gateway Investment Advisers LLC. View Insider Buying and Selling for ONEOK.

OKE stock was purchased by a variety of institutional investors in the last quarter, including State of Tennessee Treasury Department, Scout Investments Inc., Carillon Tower Advisers Inc., Chickasaw Capital Management LLC, Eagle Asset Management Inc., Teacher Retirement System of Texas, California Public Employees Retirement System and Commonwealth Equity Services LLC. View Insider Buying and Selling for ONEOK.

Shares of OKE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of OKE stock can currently be purchased for approximately $71.42.

ONEOK has a market capitalization of $29.50 billion and generates $12.59 billion in revenue each year. The utilities provider earns $1.15 billion in net income (profit) each year or $2.78 on an earnings per share basis. ONEOK employs 2,684 workers across the globe.View Additional Information About ONEOK.

The official website for ONEOK is http://www.oneok.com/.

ONEOK's mailing address is 100 WEST 5TH ST, TULSA OK, 74103. The utilities provider can be reached via phone at 918-588-7000 or via email at [email protected]