ONEOK, Inc. (NYSE:OKE – Free Report) – Stock analysts at US Capital Advisors reduced their FY2025 EPS estimates for shares of ONEOK in a research report issued on Tuesday, May 20th. US Capital Advisors analyst J. Carreker now expects that the utilities provider will post earnings of $5.69 per share for the year, down from their previous estimate of $5.97. US Capital Advisors currently has a “Strong-Buy” rating on the stock. 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 2026 earnings at $1.80 EPS, FY2026 earnings at $6.85 EPS and FY2027 earnings at $7.74 EPS.
A number of other analysts have also recently commented on OKE. Barclays lowered their price objective on shares of ONEOK from $105.00 to $101.00 and set an “equal weight” rating for the company in a research report on Friday, March 7th. Wells Fargo & Company lowered their price target on ONEOK from $102.00 to $93.00 and set an “equal weight” rating for the company in a report on Thursday, May 1st. Stifel Nicolaus cut their price objective on ONEOK from $110.00 to $107.00 and set a “buy” rating on the stock in a report on Thursday, May 1st. Scotiabank decreased their price objective on ONEOK from $100.00 to $96.00 and set a “sector outperform” rating for the company in a research report on Tuesday. Finally, Wolfe Research upgraded shares of ONEOK from a “peer perform” rating to an “outperform” rating and set a $110.00 target price on the stock in a report on Monday, February 10th. Six research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $104.69.
ONEOK Trading Down 2.2%
OKE opened at $81.91 on Thursday. ONEOK has a twelve month low of $75.48 and a twelve month high of $118.07. The firm has a market cap of $51.16 billion, a PE ratio of 17.13, a price-to-earnings-growth ratio of 3.77 and a beta of 1.01. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.59 and a current ratio of 0.81. The firm’s fifty day moving average is $87.94 and its two-hundred day moving average is $97.44.
ONEOK (NYSE:OKE – Get Free Report) last released its earnings results on Tuesday, April 29th. The utilities provider reported $1.04 earnings per share for the quarter, missing the consensus estimate of $1.28 by ($0.24). The company had revenue of $6.49 billion during the quarter, compared to analyst estimates of $8.23 billion. ONEOK had a net margin of 14.05% and a return on equity of 16.84%. During the same period in the previous year, the company posted $1.09 EPS.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in OKE. Greenline Partners LLC bought a new stake in ONEOK during the 4th quarter worth about $32,000. First Pacific Financial acquired a new stake in shares of ONEOK in the first quarter valued at about $34,000. Vermillion Wealth Management Inc. bought a new stake in ONEOK during the fourth quarter worth about $37,000. Marshall & Sterling Wealth Advisors Inc. acquired a new position in ONEOK during the fourth quarter valued at approximately $39,000. Finally, Financial Network Wealth Advisors LLC boosted its position in ONEOK by 2,466.7% during the first quarter. Financial Network Wealth Advisors LLC now owns 385 shares of the utilities provider’s stock valued at $38,000 after purchasing an additional 370 shares during the last quarter. Institutional investors and hedge funds own 69.13% of the company’s stock.
ONEOK Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, May 5th were issued a $1.03 dividend. The ex-dividend date of this dividend was Monday, May 5th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 5.03%. ONEOK’s dividend payout ratio (DPR) is presently 80.47%.
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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