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. Since then, OKE stock has decreased by 21.0% and is now trading at $28.40. View which stocks have been most impacted by Coronavirus.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ONEOK in the last year. There are currently 1 sell rating, 6 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, April 28th 2020. View our earnings forecast for ONEOK.

ONEOK will be holding an earnings conference call on Tuesday, April 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

ONEOK, Inc. (NYSE:OKE) issued its earnings results on Monday, February, 24th. The utilities provider reported $0.77 EPS for the quarter, hitting analysts' consensus estimates of $0.77. The utilities provider earned $2.66 billion during the quarter, compared to analyst estimates of $2.72 billion. ONEOK had a return on equity of 20.27% and a net margin of 12.58%. ONEOK's revenue was down 15.1% on a year-over-year basis. During the same quarter last year, the business posted $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 dividend yield of 13.17%. The ex-dividend date 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 earnings per share (EPS) guidance of $3.25-3.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.84.

18 analysts have issued 12-month price targets for ONEOK's stock. Their forecasts range from $42.00 to $84.00. On average, they expect ONEOK's share price to reach $72.18 in the next year. This suggests a possible upside of 154.2% from the stock's current price. View analysts' price targets for ONEOK.

Media stories about OKE stock have trended very negative this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news 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 closest to five being the most favorable. ONEOK earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news coverage about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutONEOK.

ONEOK saw a drop in short interest in 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 trading volume of 2,800,000 shares, the days-to-cover ratio is presently 3.8 days. Currently, 2.6% of the shares of the stock 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), AbbVie (ABBV), Verizon Communications (VZ), Enterprise Products Partners (EPD), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Walt Disney (DIS), Pfizer (PFE) 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 investors include M&G Investment Management Ltd. (0.77%), Chickasaw Capital Management LLC (0.27%), Spirit of America Management Corp NY (0.05%), Walnut Private Equity Partners LLC (0.03%), State of Alaska Department of Revenue (0.02%) and Verity & Verity LLC (0.02%). 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 Chickasaw Capital Management LLC, Walnut Private Equity Partners LLC, Verity & Verity LLC, Fulcrum Equity Management, Centre Asset Management LLC, Clifford Swan Investment Counsel LLC, IFM Investors Pty Ltd, and Weather Gauge Advisory LLC. View insider buying and selling activity for ONEOK.

OKE stock was acquired by a variety of institutional investors in the last quarter, including M&G Investment Management Ltd., Alpine Global Management LLC, Nelson Van Denburg & Campbell Wealth Management Group LLC, Spirit of America Management Corp NY, State of Alaska Department of Revenue, IBM Retirement Fund, PrairieView Partners LLC, and Stokes Capital Advisors 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 $28.40.

ONEOK has a market capitalization of $11.75 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]