Q2 Earnings Forecast for ONEOK Issued By US Capital Advisors

ONEOK, Inc. (NYSE:OKE) – Investment analysts at US Capital Advisors upped their Q2 2025 earnings per share estimates for shares of ONEOK in a research note issued to investors on Monday, October 28th. US Capital Advisors analyst J. Carreker now anticipates that the utilities provider will earn $1.37 per share for the quarter, up from their previous estimate of $1.29. The consensus estimate for ONEOK’s current full-year earnings is $5.10 per share.

ONEOK (NYSE:OKE) last posted its earnings results on Monday, August 5th. The utilities provider reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.12. The business had revenue of $4.89 billion during the quarter, compared to analyst estimates of $5.52 billion. ONEOK had a return on equity of 15.54% and a net margin of 13.41%. During the same quarter last year, the firm earned $1.04 earnings per share.

Other research analysts also recently issued reports about the stock. Mizuho upped their target price on shares of ONEOK from $81.00 to $85.00 and gave the company a “neutral” rating in a research note on Friday, July 26th. Tudor Pickering raised shares of ONEOK to a “hold” rating in a research report on Thursday, July 18th. Barclays lifted their target price on ONEOK from $82.00 to $94.00 and gave the stock an “equal weight” rating in a research report on Monday, September 16th. Bank of America assumed coverage on ONEOK in a research note on Thursday, October 17th. They set a “buy” rating and a $105.00 price objective for the company. Finally, Royal Bank of Canada upped their target price on ONEOK from $89.00 to $98.00 and gave the company a “sector perform” rating in a research report on Wednesday, October 16th. Eight equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $94.77.

ONEOK Stock Down 0.5 %

Shares of NYSE:OKE opened at $95.54 on Wednesday. The company has a market capitalization of $55.80 billion, a price-to-earnings ratio of 20.81, a price-to-earnings-growth ratio of 4.17 and a beta of 1.67. The company has a 50 day moving average of $93.18 and a two-hundred day moving average of $85.56. ONEOK has a 52-week low of $63.33 and a 52-week high of $98.43. The company has a quick ratio of 0.41, a current ratio of 0.62 and a debt-to-equity ratio of 1.22.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OKE. Quest Partners LLC acquired a new position in shares of ONEOK during the second quarter valued at $28,000. Matrix Trust Co acquired a new position in ONEOK during the 3rd quarter valued at about $29,000. Ridgewood Investments LLC bought a new position in ONEOK in the 2nd quarter worth about $31,000. Manchester Capital Management LLC increased its stake in shares of ONEOK by 66.4% in the first quarter. Manchester Capital Management LLC now owns 456 shares of the utilities provider’s stock valued at $37,000 after purchasing an additional 182 shares during the period. Finally, Values First Advisors Inc. bought a new stake in shares of ONEOK during the third quarter valued at approximately $44,000. Institutional investors and hedge funds own 69.13% of the company’s stock.

Insiders Place Their Bets

In other news, Director Pattye L. Moore sold 3,379 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $92.01, for a total transaction of $310,901.79. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.20% of the stock is currently owned by corporate insiders.

ONEOK Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 14th. Investors of record on Friday, November 1st will be paid a dividend of $0.99 per share. The ex-dividend date of this dividend is Friday, November 1st. This represents a $3.96 annualized dividend and a yield of 4.14%. ONEOK’s dividend payout ratio (DPR) is 86.27%.

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.