ONEOK, Inc. (NYSE:OKE – Free Report) – US Capital Advisors issued their Q1 2026 EPS estimates for shares of ONEOK in a report released on Monday, March 24th. US Capital Advisors analyst J. Carreker expects that the utilities provider will post earnings of $1.67 per share for the quarter. US Capital Advisors 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 Q3 2026 earnings at $1.76 EPS and Q4 2026 earnings at $1.82 EPS.
A number of other brokerages have also recently weighed in on OKE. Wolfe Research upgraded shares of ONEOK from a “peer perform” rating to an “outperform” rating and set a $110.00 price objective on the stock in a research note on Monday, February 10th. Scotiabank reduced their price target on shares of ONEOK from $109.00 to $102.00 and set a “sector outperform” rating for the company in a research note on Thursday, March 6th. Wells Fargo & Company decreased their price target on ONEOK from $107.00 to $102.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 26th. Morgan Stanley raised their target price on ONEOK from $111.00 to $133.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, Truist Financial boosted their price target on shares of ONEOK from $99.00 to $107.00 and gave the stock a “hold” rating in a research report on Tuesday, December 3rd. Seven research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $105.00.
ONEOK Trading Up 0.1 %
Shares of OKE stock opened at $102.42 on Tuesday. ONEOK has a 1 year low of $76.23 and a 1 year high of $118.07. The firm has a market capitalization of $63.94 billion, a PE ratio of 21.43, a price-to-earnings-growth ratio of 3.77 and a beta of 1.70. The stock has a fifty day moving average of $98.84 and a two-hundred day moving average of $100.07. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.59 and a current ratio of 0.81.
ONEOK (NYSE:OKE – Get Free Report) last issued its quarterly earnings data on Monday, February 24th. The utilities provider reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.46 by $0.11. ONEOK had a return on equity of 16.84% and a net margin of 14.05%. The business had revenue of $7 billion during the quarter, compared to the consensus estimate of $6.18 billion.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of ONEOK by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 70,120,264 shares of the utilities provider’s stock valued at $7,040,075,000 after buying an additional 558,789 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in ONEOK by 5.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 18,414,781 shares of the utilities provider’s stock valued at $1,848,844,000 after acquiring an additional 934,007 shares in the last quarter. Geode Capital Management LLC lifted its stake in ONEOK by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 14,037,890 shares of the utilities provider’s stock valued at $1,405,697,000 after acquiring an additional 357,015 shares during the last quarter. Northern Trust Corp grew its position in ONEOK by 15.2% in the fourth quarter. Northern Trust Corp now owns 6,535,861 shares of the utilities provider’s stock worth $656,200,000 after acquiring an additional 864,392 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of ONEOK during the 4th quarter worth $539,554,000. Hedge funds and other institutional investors own 69.13% of the company’s stock.
ONEOK Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were issued a dividend of $1.03 per share. This is a boost from ONEOK’s previous quarterly dividend of $0.99. This represents a $4.12 annualized dividend and a dividend yield of 4.02%. The ex-dividend date of this dividend was Monday, February 3rd. ONEOK’s payout ratio is currently 79.69%.
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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