Seaport Res Ptn Estimates ONEOK’s FY2026 Earnings (NYSE:OKE)

ONEOK, Inc. (NYSE:OKE) – Analysts at Seaport Res Ptn decreased their FY2026 earnings per share estimates for ONEOK in a research report issued on Monday, April 28th. Seaport Res Ptn analyst S. Sibal now forecasts that the utilities provider will post earnings per share of $5.72 for the year, down from their prior forecast of $5.83. The consensus estimate for ONEOK’s current full-year earnings is $5.07 per share. Seaport Res Ptn also issued estimates for ONEOK’s FY2027 earnings at $6.29 EPS.

ONEOK (NYSE:OKE) last issued its earnings results on Tuesday, April 29th. The utilities provider reported $1.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.28 by ($0.24). The firm had revenue of $6.49 billion during the quarter, compared to the consensus estimate of $8.23 billion. ONEOK had a net margin of 14.05% and a return on equity of 16.84%. During the same quarter in the previous year, the firm earned $1.09 earnings per share.

Other equities analysts have also recently issued reports about the company. Citigroup assumed coverage on ONEOK in a research report on Friday, February 28th. They issued a “buy” rating and a $110.00 price target for the company. Morgan Stanley lifted their price target on ONEOK from $111.00 to $133.00 and gave the company an “overweight” rating in a research report on Tuesday, March 25th. Wells Fargo & Company reduced their price target 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. US Capital Advisors upgraded ONEOK from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, February 3rd. Finally, Scotiabank reduced their target price on ONEOK from $101.00 to $100.00 and set a “sector outperform” rating for the company in a research report on Tuesday. Seven investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, ONEOK has a consensus rating of “Moderate Buy” and a consensus price target of $106.25.

ONEOK Stock Performance

Shares of OKE opened at $82.10 on Wednesday. The firm has a market cap of $51.28 billion, a PE ratio of 17.18, a PEG ratio of 3.77 and a beta of 1.20. The stock’s fifty day moving average price is $91.28 and its two-hundred day moving average price is $98.80. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.81 and a quick ratio of 0.59. ONEOK has a 1 year low of $75.48 and a 1 year high of $118.07.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Morse Asset Management Inc bought a new stake in ONEOK during the 3rd quarter valued at $346,000. Barclays PLC raised its holdings in ONEOK by 16.1% during the 3rd quarter. Barclays PLC now owns 1,888,864 shares of the utilities provider’s stock valued at $172,131,000 after buying an additional 262,486 shares during the last quarter. Virtu Financial LLC bought a new stake in ONEOK during the 3rd quarter valued at $2,258,000. Fulcrum Equity Management raised its holdings in ONEOK by 1.1% during the 3rd quarter. Fulcrum Equity Management now owns 46,681 shares of the utilities provider’s stock valued at $4,254,000 after buying an additional 526 shares during the last quarter. Finally, World Investment Advisors LLC raised its holdings in ONEOK by 154.1% in the 3rd quarter. World Investment Advisors LLC now owns 10,522 shares of the utilities provider’s stock worth $959,000 after purchasing an additional 6,381 shares in the last quarter. 69.13% of the stock is owned by hedge funds and other institutional investors.

ONEOK Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Monday, May 5th will be paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 5.02%. The ex-dividend date of this dividend is Monday, May 5th. ONEOK’s dividend payout ratio (DPR) 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.