NYSE:OKE - ONEOK Stock Price, Forecast & News

ONEOK's stock was trading at $35.94 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, OKE stock has decreased by 41.7% and is now trading at $20.94. 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) issued its earnings results on Monday, February, 24th. The utilities provider reported $0.77 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' 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 return on equity of 20.27% and a net margin of 12.58%. The firm's quarterly revenue was down 15.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.70 earnings per share. View ONEOK's earnings history.

ONEOK announced a quarterly dividend on Wednesday, January 15th. Stockholders of record on Monday, January 27th will be given a dividend of $0.935 per share on Friday, February 14th. This represents a $3.74 annualized dividend and a yield of 17.86%. The ex-dividend date of this dividend is Friday, January 24th. This is an increase 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 EPS guidance of $3.25-3.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.84.

19 equities research analysts have issued 1-year price targets for ONEOK's shares. Their forecasts range from $50.00 to $84.00. On average, they anticipate ONEOK's stock price to reach $74.12 in the next twelve months. This suggests a possible upside of 253.9% from the stock's current price. View analysts' price targets for ONEOK.

News headlines about OKE stock have trended negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive press 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 -5 to 5, with scores closest to five being the most favorable. ONEOK earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave news articles about the utilities provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. 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 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).

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

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

ONEOK's stock is owned by many different institutional and retail investors. Top institutional investors include State Street Corp (5.26%), Tortoise Capital Advisors L.L.C. (3.38%), Geode Capital Management LLC (1.55%), Kayne Anderson Capital Advisors LP (1.52%), Bank of New York Mellon Corp (1.40%) and Capital Research Global Investors (0.90%). 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., Kayne Anderson Capital Advisors LP, State of Tennessee Treasury Department, Pinebridge Investments L.P., Brookfield Public Securities Group LLC, Teacher Retirement System of Texas, Eagle Global Advisors LLC, and Scout Investments Inc.. View insider buying and selling activity for ONEOK.

OKE stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, State Street Corp, M&G Investment Management Ltd., 1832 Asset Management L.P., DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Capital Research Global Investors, Lord Abbett & CO. LLC, and Teilinger Capital Ltd.. 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 $20.94.

ONEOK has a market capitalization of $8.65 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]