Q1 Earnings Estimate for ONEOK Issued By US Capital Advisors

ONEOK, Inc. (NYSE:OKE) – Research analysts at US Capital Advisors increased their Q1 2025 earnings estimates for shares of ONEOK in a note issued to investors on Monday, March 24th. US Capital Advisors analyst J. Carreker now expects that the utilities provider will earn $1.40 per share for the quarter, up from their prior estimate of $1.38. 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 Q2 2025 earnings at $1.45 EPS, Q3 2025 earnings at $1.52 EPS, Q4 2025 earnings at $1.60 EPS, FY2025 earnings at $5.96 EPS, Q2 2026 earnings at $1.69 EPS, FY2026 earnings at $6.94 EPS and FY2027 earnings at $7.78 EPS.

ONEOK (NYSE:OKE) last released its earnings results on Monday, February 24th. The utilities provider reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.46 by $0.11. The company had revenue of $7 billion during the quarter, compared to analyst estimates of $6.18 billion. ONEOK had a return on equity of 16.84% and a net margin of 14.05%.

A number of other analysts also recently issued reports on OKE. Morgan Stanley raised their price objective on shares of ONEOK from $111.00 to $133.00 and gave the stock an “overweight” rating in a report on Tuesday. Citigroup assumed coverage on shares of ONEOK in a research note on Friday, February 28th. They set a “buy” rating and a $110.00 price target for the company. Wolfe Research raised shares of ONEOK from a “peer perform” rating to an “outperform” rating and set a $110.00 price target on the stock in a report on Monday, February 10th. Barclays reduced their price objective on ONEOK from $105.00 to $101.00 and set an “equal weight” rating for the company in a report on Friday, March 7th. Finally, Wells Fargo & Company lowered their target price on ONEOK from $107.00 to $102.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 26th. Seven research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $105.00.

ONEOK Trading Down 1.1 %

Shares of ONEOK stock opened at $101.22 on Wednesday. The stock has a fifty day moving average price of $98.72 and a 200-day moving average price of $100.08. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.81 and a quick ratio of 0.59. The firm has a market cap of $63.20 billion, a PE ratio of 21.18, a P/E/G ratio of 3.77 and a beta of 1.70. ONEOK has a 1 year low of $76.23 and a 1 year high of $118.07.

Institutional Investors Weigh In On ONEOK

Several hedge funds and other institutional investors have recently modified their holdings of OKE. Norges Bank bought a new stake in ONEOK during the 4th quarter worth approximately $539,554,000. Wellington Management Group LLP grew its position in shares of ONEOK by 433.4% during the 4th quarter. Wellington Management Group LLP now owns 4,206,906 shares of the utilities provider’s stock valued at $422,373,000 after purchasing an additional 3,418,207 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of ONEOK by 240.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,790,760 shares of the utilities provider’s stock worth $280,194,000 after buying an additional 1,971,147 shares in the last quarter. Raymond James Financial Inc. bought a new stake in ONEOK during the fourth quarter valued at $182,694,000. Finally, ClearBridge Investments Ltd bought a new stake in ONEOK during the fourth quarter valued at $177,045,000. 69.13% of the stock is currently owned by institutional investors.

ONEOK Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were issued a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 4.07%. The ex-dividend date was Monday, February 3rd. This is a positive change from ONEOK’s previous quarterly dividend of $0.99. ONEOK’s payout ratio is presently 79.69%.

ONEOK Company Profile

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.