
ONEOK, Inc. (NYSE:OKE – Free Report) – US Capital Advisors lowered their FY2025 earnings per share (EPS) estimates for shares of ONEOK in a research note issued on Tuesday, November 25th. US Capital Advisors analyst J. Carreker now expects that the utilities provider will post earnings per share of $5.42 for the year, down from their previous forecast of $5.46. The consensus estimate for ONEOK’s current full-year earnings is $5.07 per share. US Capital Advisors also issued estimates for ONEOK’s Q4 2025 earnings at $1.57 EPS, Q1 2026 earnings at $1.48 EPS, Q2 2026 earnings at $1.51 EPS, Q3 2026 earnings at $1.57 EPS, Q4 2026 earnings at $1.61 EPS, FY2026 earnings at $6.16 EPS and FY2027 earnings at $6.67 EPS.
Other analysts have also issued reports about the stock. Argus raised shares of ONEOK from a “hold” rating to a “buy” rating and set a $79.00 price target on the stock in a research report on Thursday, November 6th. Scotiabank decreased their price objective on shares of ONEOK from $88.00 to $87.00 and set a “sector outperform” rating for the company in a research report on Tuesday, November 4th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $72.00 target price on shares of ONEOK in a report on Monday, November 3rd. Royal Bank Of Canada lowered their price target on ONEOK from $94.00 to $88.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of ONEOK in a research note on Wednesday, November 19th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $89.27.
ONEOK Trading Up 0.8%
NYSE OKE opened at $70.82 on Wednesday. ONEOK has a 12 month low of $64.02 and a 12 month high of $114.27. The company has a current ratio of 0.90, a quick ratio of 0.46 and a debt-to-equity ratio of 1.44. The stock has a 50 day moving average of $70.01 and a 200-day moving average of $76.00. The company has a market cap of $44.56 billion, a PE ratio of 13.02, a PEG ratio of 2.62 and a beta of 1.05.
ONEOK (NYSE:OKE – Get Free Report) last released its earnings results on Tuesday, October 28th. The utilities provider reported $1.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.01. The business had revenue of $8.63 billion for the quarter, compared to analyst estimates of $8.23 billion. ONEOK had a return on equity of 15.12% and a net margin of 10.58%.During the same quarter in the prior year, the company posted $1.18 earnings per share. ONEOK has set its FY 2025 guidance at 4.970-5.770 EPS.
ONEOK Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, November 14th. Stockholders of record on Monday, November 3rd were issued a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend was Monday, November 3rd. ONEOK’s dividend payout ratio is 75.74%.
Insider Activity at ONEOK
In related news, Director Brian L. Derksen purchased 2,500 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was acquired at an average price of $66.00 per share, with a total value of $165,000.00. Following the completion of the purchase, the director directly owned 21,200 shares in the company, valued at $1,399,200. This trade represents a 13.37% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.21% of the company’s stock.
Hedge Funds Weigh In On ONEOK
Several hedge funds have recently bought and sold shares of the company. City Holding Co. bought a new stake in ONEOK during the third quarter worth $28,000. Winnow Wealth LLC bought a new stake in shares of ONEOK during the 3rd quarter worth $28,000. Global Wealth Strategies & Associates acquired a new stake in ONEOK in the third quarter valued at about $29,000. Financial Consulate Inc. bought a new position in ONEOK in the third quarter valued at about $29,000. Finally, Access Investment Management LLC bought a new position in shares of ONEOK in the second quarter worth about $33,000. 69.13% of the stock is owned by institutional investors.
About ONEOK
ONEOK, Inc engages in gathering, processing, fractionation, storage, transportation, and marketing of natural gas and natural gas liquids (NGL) in the United States. It operates through four segments: Natural Gas Gathering and Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products and Crude.
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