NYSE:OKE - ONEOK Stock Price, Forecast & News

ONEOK's stock was trading at $35.94 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, OKE shares have decreased by 44.2% and is now trading at $20.04. View which stocks have been mosted impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ONEOK in the last year. There are currently 1 sell rating, 7 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for ONEOK.

ONEOK is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for ONEOK.

ONEOK, Inc. (NYSE:OKE) announced its quarterly earnings results on Monday, February, 24th. The utilities provider reported $0.77 earnings per share for the quarter, hitting the consensus estimate of $0.77. The utilities provider earned $2.66 billion during the quarter, compared to the consensus estimate of $2.72 billion. ONEOK had a net margin of 12.58% and a return on equity of 20.27%. ONEOK's revenue was down 15.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.70 EPS. View ONEOK's earnings history.

ONEOK announced a quarterly dividend on Wednesday, January 15th. Stockholders of record on Monday, January 27th will be paid a dividend of $0.935 per share on Friday, February 14th. This represents a $3.74 annualized dividend and a yield of 18.66%. The ex-dividend date of this dividend is Friday, January 24th. This is a boost from ONEOK's previous quarterly dividend of $0.92. View ONEOK's dividend history.

ONEOK updated its FY20 earnings guidance on Monday, February, 24th. The company provided earnings per share guidance of $3.25-3.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.84.

19 equities research analysts have issued 1 year target prices for ONEOK's stock. Their forecasts range from $45.00 to $84.00. On average, they expect ONEOK's share price to reach $72.45 in the next year. This suggests a possible upside of 261.5% from the stock's current price. View analysts' price targets for ONEOK.

News stories about OKE stock have trended very negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ONEOK earned a media sentiment score of -3.7 on InfoTrie's scale. They also assigned news headlines about the utilities provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news aboutONEOK.

ONEOK saw a drop in short interest during the month of March. As of March 13th, there was short interest totaling 10,589,900 shares, a drop of 7.1% from the February 27th total of 11,400,000 shares. Based on an average daily trading volume, of 2,800,000 shares, the days-to-cover ratio is presently 3.8 days. Currently, 2.6% 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), New Jersey Resources (NJR), National Fuel Gas (NFG), 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), AbbVie (ABBV), Exxon Mobil (XOM), Enterprise Products Partners (EPD), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Pfizer (PFE), Altria Group (MO) and Chevron (CVX).

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

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 $20.04.

ONEOK has a market capitalization of $8.28 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. 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]