NYSE:OKE - ONEOK Stock Price, Forecast & News

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

ONEOK declared 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 dividend yield of 5.10%. The ex-dividend date of this dividend is Friday, January 24th. This is a positive change from ONEOK's previous quarterly dividend of $0.92. View ONEOK's Dividend History.

ONEOK, Inc. (NYSE:OKE) released its quarterly earnings data on Monday, February, 24th. The utilities provider reported $0.77 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 analysts' expectations of $2.72 billion. ONEOK had a return on equity of 20.18% and a net margin of 12.58%. ONEOK's revenue was down 15.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.70 earnings per share. View ONEOK's Earnings History.

ONEOK is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for ONEOK.

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 estimate of $3.84.

16 brokers have issued 1-year price objectives for ONEOK's shares. Their forecasts range from $63.00 to $84.00. On average, they anticipate ONEOK's share price to reach $76.07 in the next year. This suggests a possible upside of 3.8% from the stock's current price. View Analyst Price Targets for ONEOK.

16 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 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for ONEOK.

Media headlines about OKE stock have trended somewhat negative this week, InfoTrie reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ONEOK earned a coverage optimism score of -1.2 on InfoTrie's scale. They also assigned news headlines about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for ONEOK.

ONEOK saw a decrease in short interest in the month of February. As of February 14th, there was short interest totalling 10,020,000 shares, a decrease of 8.0% from the January 30th total of 10,890,000 shares. Based on an average trading volume of 1,820,000 shares, the days-to-cover ratio is currently 5.5 days. Currently, 2.4% 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), Enterprise Products Partners (EPD), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Pfizer (PFE), Cisco Systems (CSCO), IBM (IBM) and JPMorgan Chase & Co. (JPM).

ONEOK's stock is owned by many different of institutional and retail investors. Top institutional shareholders 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, Mark W Helderman, Mary M Spears and Sheppard F Miers 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.. Company insiders that have sold ONEOK company stock in the last year include Eduardo A Rodriguez and Mary M Spears. View Insider Buying and Selling for ONEOK.

OKE stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, M&G Investment Management Ltd., 1832 Asset Management L.P., Capital Research Global Investors, Lord Abbett & CO. LLC, Teilinger Capital Ltd., Geode Capital Management LLC and Great West Life Assurance Co. Can. Company insiders that have bought ONEOK stock in the last two years include Brian L Derksen and Mark W Helderman. View Insider Buying and Selling 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 $73.29.

ONEOK has a market capitalization of $30.27 billion and generates $10.16 billion in revenue each year. The utilities provider earns $1.15 billion in net income (profit) each year or $3.07 on an earnings per share basis. ONEOK employs 2,684 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]