ONEOK - OKE Stock Forecast, Price & News

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ONEOK in the last twelve months. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" OKE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OKE, but not buy additional shares or sell existing shares.
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11 Wall Street research analysts have issued 12 month price objectives for ONEOK's shares. Their OKE share price forecasts range from $65.00 to $81.00. On average, they predict the company's share price to reach $71.30 in the next year. This suggests a possible upside of 2.5% from the stock's current price.
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ONEOK's stock was trading at $65.70 at the beginning of 2023. Since then, OKE stock has increased by 5.8% and is now trading at $69.54.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
View our OKE earnings forecast.

ONEOK will be holding an earnings conference call on Tuesday, February 28th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-344-7529 with passcode "4244810".

ONEOK, Inc. (NYSE:OKE) issued its earnings results on Tuesday, November, 1st. The utilities provider reported $0.96 EPS for the quarter, topping the consensus estimate of $0.93 by $0.03. The utilities provider earned $5.91 billion during the quarter, compared to the consensus estimate of $6.52 billion. ONEOK had a trailing twelve-month return on equity of 26.46% and a net margin of 7.10%.

ONEOK announced a quarterly dividend on Wednesday, January 18th. Investors of record on Monday, January 30th will be paid a dividend of $0.955 per share on Tuesday, February 14th. This represents a $3.82 annualized dividend and a yield of 5.49%. The ex-dividend date of this dividend is Friday, January 27th. This is an increase from the stock's previous quarterly dividend of $0.94.
Read our dividend analysis for OKE.

ONEOK (NYSE:OKE) pays an annual dividend of $3.74 per share and currently has a dividend yield of 5.42%. OKE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 103.89%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, OKE will have a dividend payout ratio of 82.93% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for OKE.

ONEOK updated its FY 2022 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of $3.76-$3.76 for the period, compared to the consensus earnings per share estimate of $3.80. The company issued revenue guidance of -.

62 employees have rated ONEOK Chief Executive Officer Terry K. Spencer on Glassdoor.com. Terry K. Spencer has an approval rating of 89% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other ONEOK investors own include AT&T (T), Enterprise Products Partners (EPD), Pfizer (PFE), Johnson & Johnson (JNJ), Exxon Mobil (XOM), AbbVie (ABBV), Cisco Systems (CSCO), Intel (INTC), Verizon Communications (VZ) and Altria Group (MO).

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

ONEOK's stock is owned by many different retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (0.08%), CHURCHILL MANAGEMENT Corp (0.07%), Chickasaw Capital Management LLC (0.07%), Capital Management Corp VA (0.06%), Gateway Investment Advisers LLC (0.06%) and Verity & Verity LLC (0.04%). Insiders that own company stock include Brian L Derksen, John William Gibson, Mark W Helderman, Mary M Spears, Pierce Norton, Terry K Spencer and Walter S Hulse III.
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Shares of OKE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of OKE stock can currently be purchased for approximately $69.54.

ONEOK (NYSE:OKE) has a market capitalization of $31.08 billion and generates $16.54 billion in revenue each year. The utilities provider earns $1.50 billion in net income (profit) each year or $3.60 on an earnings per share basis.

The company employs 2,847 workers across the globe.

ONEOK's mailing address is 100 WEST 5TH ST, TULSA OK, 74103. The official website for the company is www.oneok.com. The utilities provider can be reached via phone at (918) 588-7000, via email at oneokinvestorrelations@oneok.com, or via fax at 918-588-7273.