US Capital Advisors Forecasts ONEOK’s Q1 Earnings (NYSE:OKE)

ONEOK, Inc. (NYSE:OKE) – Stock analysts at US Capital Advisors upped their Q1 2025 EPS estimates for shares of ONEOK in a report issued on Monday, March 24th. US Capital Advisors analyst J. Carreker now forecasts that the utilities provider will post earnings per share of $1.40 for the quarter, up from their prior estimate of $1.38. 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 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 posted its earnings results on Monday, February 24th. The utilities provider reported $1.57 EPS for the quarter, beating the consensus estimate of $1.46 by $0.11. The company had revenue of $7 billion for the quarter, compared to the consensus estimate of $6.18 billion. ONEOK had a return on equity of 16.84% and a net margin of 14.05%.

A number of other equities analysts have also commented on the stock. Barclays lowered their price target on shares of ONEOK from $105.00 to $101.00 and set an “equal weight” rating on the stock in a research report on Friday, March 7th. Scotiabank lowered their target price on shares of ONEOK from $109.00 to $102.00 and set a “sector outperform” rating on the stock in a report on Thursday, March 6th. Truist Financial boosted their price target on ONEOK from $99.00 to $107.00 and gave the company a “hold” rating in a research note on Tuesday, December 3rd. Citigroup initiated coverage on ONEOK in a research note on Friday, February 28th. They set a “buy” rating and a $110.00 price objective on the stock. Finally, Wells Fargo & Company cut their target price on ONEOK from $107.00 to $102.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 26th. Seven 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 company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $105.00.

ONEOK Stock Down 2.5 %

OKE stock opened at $98.76 on Wednesday. The business’s fifty day moving average price is $98.53 and its two-hundred day moving average price is $100.07. The stock has a market capitalization of $61.66 billion, a price-to-earnings ratio of 20.66, a PEG ratio of 3.77 and a beta of 1.70. ONEOK has a fifty-two week low of $76.23 and a fifty-two week high of $118.07. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.81 and a quick ratio of 0.59.

Institutional Investors Weigh In On ONEOK

A number of institutional investors have recently added to or reduced their stakes in the business. FNY Investment Advisers LLC lifted its holdings in shares of ONEOK by 14,279.1% during the fourth quarter. FNY Investment Advisers LLC now owns 22,000 shares of the utilities provider’s stock worth $2,208,000 after purchasing an additional 21,847 shares during the period. Kingswood Wealth Advisors LLC lifted its holdings in ONEOK by 57.9% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 14,506 shares of the utilities provider’s stock worth $1,456,000 after buying an additional 5,321 shares during the period. Simon Quick Advisors LLC bought a new stake in shares of ONEOK in the 4th quarter valued at about $251,000. Rockefeller Capital Management L.P. increased its stake in shares of ONEOK by 1.9% in the third quarter. Rockefeller Capital Management L.P. now owns 275,137 shares of the utilities provider’s stock valued at $25,070,000 after buying an additional 5,067 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. raised its position in shares of ONEOK by 9.7% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,544,208 shares of the utilities provider’s stock worth $155,038,000 after acquiring an additional 136,071 shares during the last quarter. 69.13% of the stock is owned by institutional investors.

ONEOK Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were paid a $1.03 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $4.12 annualized dividend and a dividend yield of 4.17%. This is an increase from ONEOK’s previous quarterly dividend of $0.99. ONEOK’s dividend payout ratio is currently 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.