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 decreased by 10.5% and is now trading at $32.15. 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, 14 hold ratings and 6 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) announced its quarterly earnings results on Tuesday, April, 28th. The utilities provider reported $0.83 EPS for the quarter, beating the 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 return on equity of 21.11% and a net margin of 8.40%. During the same quarter last year, the business earned $0.81 EPS. View ONEOK's earnings history.

ONEOK declared a quarterly dividend on Thursday, April 16th. Investors of record on Monday, April 27th will be paid a dividend of $0.935 per share on Thursday, May 14th. This represents a $3.74 annualized dividend and a yield of 11.63%. The ex-dividend date is Friday, April 24th. View ONEOK's dividend history.

21 brokerages have issued 1 year target prices for ONEOK's stock. Their forecasts range from $27.00 to $84.00. On average, they expect ONEOK's stock price to reach $48.90 in the next twelve months. This suggests a possible upside of 52.1% from the stock's current price. View analysts' price targets for ONEOK.

News articles about OKE stock have trended negative recently, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ONEOK earned a media sentiment score of -2.4 on InfoTrie's scale. They also gave news stories about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about ONEOK.

ONEOK saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 13,630,000 shares, an increase of 9.6% from the May 31st total of 12,440,000 shares. Based on an average daily trading volume, of 7,930,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 3.3% of the company's shares 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). 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 number of retail and institutional investors. Top institutional shareholders include Nelson Van Denburg & Campbell Wealth Management Group LLC (0.02%) and Birch Capital Management LLC (0.00%). 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 purchased by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group LLC, and Birch Capital Management LLC. 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 $32.15.

ONEOK has a market capitalization of $14.27 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]