US Capital Advisors Forecasts Stronger Earnings for ONEOK

ONEOK, Inc. (NYSE:OKE) – US Capital Advisors raised their FY2026 earnings per share (EPS) estimates for shares of ONEOK in a research note issued to investors on Monday, April 28th. US Capital Advisors analyst J. Carreker now forecasts that the utilities provider will post earnings per share of $6.95 for the year, up from their previous estimate of $6.94. 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 Q4 2026 earnings at $1.83 EPS and FY2027 earnings at $7.81 EPS.

Several other analysts have also commented on the company. Scotiabank decreased their price target on ONEOK from $101.00 to $100.00 and set a “sector outperform” rating on the stock in a research note on Tuesday. Wolfe Research raised ONEOK from a “peer perform” rating to an “outperform” rating and set a $110.00 price target on the stock in a research note on Monday, February 10th. Wells Fargo & Company decreased their price target 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. Barclays decreased their target price on ONEOK from $105.00 to $101.00 and set an “equal weight” rating on the stock in a report on Friday, March 7th. Finally, Morgan Stanley lifted their price target on ONEOK from $111.00 to $133.00 and gave the company an “overweight” rating in a report on Tuesday, March 25th. Seven 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’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $106.25.

ONEOK Price Performance

Shares of OKE stock opened at $82.10 on Wednesday. The stock’s fifty day simple moving average is $91.28 and its 200 day simple moving average 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. The firm has a market cap of $51.28 billion, a price-to-earnings ratio of 17.18, a P/E/G ratio of 3.77 and a beta of 1.20. ONEOK has a one year low of $75.48 and a one year high of $118.07.

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

ONEOK Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Monday, May 5th will be given 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 is Monday, May 5th. ONEOK’s dividend payout ratio is 79.69%.

Institutional Investors Weigh In On ONEOK

Institutional investors have recently modified their holdings of the business. FNY Investment Advisers LLC grew its position in shares of ONEOK by 14,279.1% during the 4th quarter. FNY Investment Advisers LLC now owns 22,000 shares of the utilities provider’s stock worth $2,208,000 after buying an additional 21,847 shares during the period. Kingswood Wealth Advisors LLC grew its position in shares of 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 acquired a new stake in shares of ONEOK during the 4th quarter worth approximately $251,000. Sumitomo Mitsui Trust Group Inc. grew its position in shares of ONEOK by 9.7% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,544,208 shares of the utilities provider’s stock worth $155,038,000 after buying an additional 136,071 shares during the period. Finally, Contravisory Investment Management Inc. acquired a new stake in shares of ONEOK during the 4th quarter worth approximately $9,483,000. Institutional investors and hedge funds own 69.13% of the company’s stock.

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.