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 (WHO). Since then, OKE shares have decreased by 39.8% and is now trading at $21.63. View which stocks have been mosted 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, May 5th 2020. View our earnings forecast for ONEOK.

ONEOK, Inc. (NYSE:OKE) released its quarterly earnings results on Monday, February, 24th. The utilities provider reported $0.77 EPS for the quarter, meeting the consensus estimate of $0.77. The utilities provider had revenue of $2.66 billion for 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 revenue for the quarter was down 15.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.70 EPS. View ONEOK's earnings history.

ONEOK announced a quarterly dividend on Wednesday, January 15th. Shareholders 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 dividend on an annualized basis and a dividend yield of 17.29%. The ex-dividend date 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 EPS guidance of $3.25-3.85 for the period, compared to the Thomson Reuters consensus estimate of $3.84.

18 equities research analysts have issued 12 month price objectives for ONEOK's stock. Their forecasts range from $45.00 to $84.00. On average, they anticipate ONEOK's stock price to reach $72.36 in the next twelve months. This suggests a possible upside of 234.5% from the stock's current price. View analysts' price targets for ONEOK.

News stories about OKE stock have trended very negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ONEOK earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave headlines about the utilities provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutONEOK.

ONEOK saw a decrease in short interest during the month of March. As of March 13th, there was short interest totaling 10,589,900 shares, a decrease of 7.1% from the February 27th total of 11,400,000 shares. Based on an average daily volume of 2,800,000 shares, the days-to-cover ratio is presently 3.8 days. Approximately 2.6% 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).

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), Altria Group (MO), 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 shareholders include Walnut Private Equity Partners LLC (0.03%), Nelson Van Denburg & Campbell Wealth Management Group LLC (0.01%) and Fulcrum Equity Management (0.01%). 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 Walnut Private Equity Partners LLC, and Fulcrum Equity Management. View insider buying and selling activity 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. 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 $21.63.

ONEOK has a market capitalization of $8.94 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]