NYSE:OKEONEOK Stock Price, Forecast & News

ONEOK's stock was trading at $35.94 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, OKE stock has increased by 26.2% and is now trading at $45.35. View which stocks have been most impacted by Coronavirus.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ONEOK in the last year. There are currently 1 sell rating, 13 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for ONEOK.

ONEOK is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for ONEOK.

ONEOK, Inc. (NYSE:OKE) issued its quarterly earnings data on Tuesday, April, 28th. The utilities provider reported $0.83 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.80 by $0.03. The utilities provider had revenue of $2.14 billion for the quarter, compared to analysts' expectations of $2.52 billion. ONEOK had a net margin of 8.40% and a return on equity of 21.11%. During the same quarter last year, the business earned $0.81 earnings per share. View ONEOK's earnings history.

ONEOK announced a quarterly dividend on Thursday, April 16th. Stockholders of record on Monday, April 27th will be given a dividend of $0.935 per share on Thursday, May 14th. This represents a $3.74 dividend on an annualized basis and a dividend yield of 8.25%. The ex-dividend date is Friday, April 24th. View ONEOK's dividend history.

21 Wall Street analysts have issued 1-year target prices for ONEOK's stock. Their forecasts range from $29.00 to $84.00. On average, they anticipate ONEOK's share price to reach $48.75 in the next year. This suggests a possible upside of 7.5% from the stock's current price. View analysts' price targets for ONEOK.

Media coverage about OKE stock has been trending negative recently, according to InfoTrie. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. ONEOK earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news coverage about the utilities provider a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the stock's share price in the near term. View the latest news aboutONEOK.

ONEOK saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 12,220,000 shares, a drop of 16.4% from the April 30th total of 14,620,000 shares. Based on an average daily trading volume, of 7,100,000 shares, the short-interest ratio is presently 1.7 days. Currently, 3.0% of the shares of the stock are short sold. 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). View all competitors.

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

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

ONEOK's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.51%), State Street Corp (5.63%), Tortoise Capital Advisors L.L.C. (2.46%), Bank of New York Mellon Corp (1.72%), Geode Capital Management LLC (1.57%) and Kayne Anderson Capital Advisors LP (1.00%). Company insiders that own ONEOK stock include Brian L Derksen, Eduardo A Rodriguez, John William Gibson, Mark W Helderman, Mary M Spears, Terry K Spencer and Walter S Hulse III. View institutional ownership trends for ONEOK.

OKE stock was sold by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., BlackRock Inc., Kayne Anderson Capital Advisors LP, Nuveen Asset Management LLC, Clearbridge Investments LLC, Northwestern Mutual Investment Management Company LLC, Janus Henderson Group PLC, and Raymond James & Associates. View insider buying and selling activity for ONEOK.

OKE stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, M&G Investment Management Ltd., Bank of New York Mellon Corp, Prudential PLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Lord Abbett & CO. LLC, Harvest Fund Advisors LLC, and State of Tennessee Treasury Department. Company insiders that have bought ONEOK stock in the last two years include Brian L Derksen, John William Gibson, Mark W Helderman, Mary M Spears, Terry K Spencer, and Walter S Hulse III. View insider buying and selling activity 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 $45.35.

ONEOK has a market capitalization of $18.77 billion and generates $10.16 billion in revenue each year. The utilities provider earns $1.28 billion in net income (profit) each year or $3.07 on an earnings per share basis. ONEOK employs 2,882 workers across the globe.

The official website for ONEOK is 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]