ONEOK Stock Forecast, Price & News

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ONEOK in the last year. There are currently 3 sell ratings, 14 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ONEOK stock. 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.
View analyst ratings for ONEOK or view top-rated stocks.

Wall Street analysts have given ONEOK a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but ONEOK wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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ONEOK is scheduled to release its next quarterly earnings announcement on Tuesday, April 27th 2021.
View our earnings forecast for ONEOK.

ONEOK, Inc. (NYSE:OKE) released its quarterly earnings results on Sunday, February, 21st. The utilities provider reported $0.69 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.74 by $0.05. The utilities provider earned $2.57 billion during the quarter, compared to analysts' expectations of $2.61 billion. ONEOK had a trailing twelve-month return on equity of 18.38% and a net margin of 7.24%. ONEOK's revenue was down 3.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.77 earnings per share.
View ONEOK's earnings history.

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. Since then, OKE shares have increased by 32.9% and is now trading at $47.77.
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ONEOK declared a quarterly dividend on Wednesday, January 20th. Investors of record on Monday, February 1st will be given a dividend of $0.935 per share on Friday, February 12th. This represents a $3.74 annualized dividend and a yield of 7.83%. The ex-dividend date of this dividend is Friday, January 29th.
View ONEOK's dividend history.

ONEOK pays an annual dividend of $3.74 per share and currently has a dividend yield of 7.98%. OKE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. ONEOK does not yet have a strock track record of dividend growth. The dividend payout ratio of ONEOK is 121.82%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ONEOK will have a dividend payout ratio of 129.41% in the coming year. This indicates that ONEOK may not be able to sustain their current dividend.
View ONEOK's dividend history.

ONEOK updated its FY21 earnings guidance on Monday, February, 22nd. The company provided earnings per share guidance of $2.40-3.08 for the period, compared to the Thomson Reuters consensus estimate of $3.00.

22 brokerages have issued 1 year target prices for ONEOK's shares. Their forecasts range from $26.00 to $49.00. On average, they expect ONEOK's share price to reach $37.25 in the next twelve months. This suggests that the stock has a possible downside of 22.0%.
View analysts' price targets for ONEOK or view top-rated stocks among Wall Street analysts.

62 employees have rated ONEOK CEO Terry K. Spencer on Glassdoor.com. Terry K. Spencer has an approval rating of 89% among ONEOK's employees.

Some companies that are related to ONEOK include Atmos Energy (ATO), UGI (UGI), National Fuel Gas (NFG), New Jersey Resources (NJR), Southwest Gas (SWX), South Jersey Industries (SJI), Chesapeake Utilities (CPK) and Northwest Natural (NWN).
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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 a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.72%), Bank of New York Mellon Corp (2.04%), Charles Schwab Investment Management Inc. (1.45%), Northern Trust Corp (1.16%), Morgan Stanley (0.94%) and Norges Bank (0.79%). 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 Prudential PLC, M&G Investment Management Ltd., JPMorgan Chase & Co., Voloridge Investment Management LLC, Duality Advisers LP, BlackRock Inc., Sumitomo Mitsui Trust Holdings Inc., and Squarepoint Ops LLC.
View insider buying and selling activity for ONEOK or view top insider-selling stocks.

OKE stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Morgan Stanley, Amundi Pioneer Asset Management Inc., Charles Schwab Investment Management Inc., Dimensional Fund Advisors LP, Eagle Global Advisors LLC, Mackenzie Financial Corp, and AMF Pensionsforsakring AB. 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 or or view top insider-buying stocks.

Shares of OKE 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 $47.77.

ONEOK has a market capitalization of $21.26 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.

The following companies are subsidiares of ONEOK: Bighorn Gas Gathering L.L.C., Black Mesa Holdings Inc., Black Mesa Pipeline Inc., Black Mesa Pipeline Operations L.L.C., Black Mesa Technologies Inc., Border Midwestern Company, Border Viking Company, Chisholm Pipeline Company, Chisholm Pipeline Holdings L.L.C., Crestone Energy Ventures L.L.C., Crestone Gathering Services L.L.C., Crestone Powder River L.L.C., Crestone Wind River L.L.C., Fort Union Gas Gathering L.L.C., Guardian Pipeline L.L.C., Heartland Pipeline Company, Lost Creek Gathering Company L.L.C., Mid Continent Market Center L.L.C., Midwestern Gas Transmission Company, Mont Belvieu I Fractionation Facility, NBP Services LLC, New Holdings Inc., New Holdings Sub 1 Inc., New Holdings Sub 2 Inc., Northern Border Pipeline Company, ONEOK Arbuckle II Pipeline L.L.C., ONEOK Arbuckle North Pipeline L.L.C., ONEOK Arbuckle Pipeline L.L.C., ONEOK Bakken Pipeline L.L.C., ONEOK Bushton Processing L.L.C., ONEOK Elk Creek Pipeline L.L.C., ONEOK Energy Services Canada Ltd., ONEOK Energy Services Company II, ONEOK Energy Services Company L.P., ONEOK Energy Services Holdings L.L.C., ONEOK Field Services Company L.L.C., ONEOK Gas Storage Holdings L.L.C., ONEOK Gas Storage L.L.C., ONEOK Gas Transportation L.L.C., ONEOK Hydrocarbon GP L.L.C., ONEOK Hydrocarbon Holdings L.L.C., ONEOK Hydrocarbon L.L.C., ONEOK Hydrocarbon L.P., ONEOK Hydrocarbon Southwest L.L.C., ONEOK ILP GP L.L.C., ONEOK Leasing Company, ONEOK MB I L.P., ONEOK Midstream Gas Supply L.L.C., ONEOK Mont Belvieu Storage Company L.L.C., ONEOK NGL Gathering L.L.C., ONEOK NGL Pipeline L.L.C., ONEOK North System L.L.C., ONEOK Northern Border Pipeline Company Holdings L.L.C., ONEOK Overland Pass Holdings L.L.C., ONEOK Parking Company L.L.C., ONEOK Partners GP L.L.C., ONEOK Partners Intermediate Limited Partnership, ONEOK Partners L.P., ONEOK Permian NGL Operating Company L.L.C., ONEOK Permian NGL Pipeline GP L.L.C., ONEOK Permian NGL Pipeline LP L.L.C., ONEOK Pipeline Holdings L.L.C., ONEOK Rockies Investments L.L.C., ONEOK Rockies Midstream L.L.C., ONEOK Services Company L.L.C., ONEOK Southeast Texas NGL Pipeline L.L.C., ONEOK Sterling III Pipeline L.L.C., ONEOK Texas Gas Storage L.L.C., ONEOK Underground Storage Company L.L.C., ONEOK Unit Holdings Inc., ONEOK VESCO Holdings L.L.C., ONEOK WesTex Transmission L.L.C., ONEOK Western Trail Pipeline L.L.C., OkTex Pipeline Company L.L.C., Overland Pass Pipeline Company LLC, Roadrunner Gas Transmission Holdings LLC, Roadrunner Gas Transmission LLC, Venice Energy Services Company L.L.C., Viking Gas Transmission Company, and West Texas LPG Pipeline Limited Partnership.

ONEOK was founded in 1906.

The official website for ONEOK is www.oneok.com.

ONEOK is headquartered at 100 WEST 5TH ST, TULSA OK, 74103.

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]