Q2 Earnings Estimate for ONEOK Issued By US Capital Advisors

ONEOK, Inc. (NYSE:OKE) – US Capital Advisors cut their Q2 2025 earnings per share estimates for shares of ONEOK in a report issued on Monday, July 28th. US Capital Advisors analyst J. Carreker now anticipates that the utilities provider will earn $1.47 per share for the quarter, down from their prior forecast of $1.49. The consensus estimate for ONEOK’s current full-year earnings is $5.07 per share. US Capital Advisors also issued estimates for ONEOK’s FY2025 earnings at $5.71 EPS, Q1 2026 earnings at $1.65 EPS, Q2 2026 earnings at $1.71 EPS, Q3 2026 earnings at $1.78 EPS, Q4 2026 earnings at $1.83 EPS, FY2026 earnings at $6.97 EPS and FY2027 earnings at $7.89 EPS.

ONEOK (NYSE:OKE) last released its earnings results on Tuesday, April 29th. The utilities provider reported $1.04 earnings per share for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.24). The company had revenue of $6.49 billion during the quarter, compared to the consensus estimate of $8.23 billion. ONEOK had a net margin of 12.15% and a return on equity of 15.58%. During the same period last year, the firm posted $1.09 EPS.

Other equities analysts also recently issued research reports about the company. Raymond James Financial decreased their target price on ONEOK from $115.00 to $110.00 and set an “outperform” rating for the company in a report on Tuesday, July 22nd. TD Cowen assumed coverage on shares of ONEOK in a research note on Monday, July 7th. They issued a “hold” rating and a $91.00 price target for the company. Citigroup cut their price objective on ONEOK from $110.00 to $102.00 and set a “buy” rating on the stock in a research report on Tuesday, May 6th. JPMorgan Chase & Co. increased their target price on ONEOK from $94.00 to $97.00 and gave the stock an “overweight” rating in a research report on Thursday, July 3rd. Finally, Stifel Nicolaus reduced their price target on ONEOK from $110.00 to $107.00 and set a “buy” rating on the stock in a research note on Thursday, May 1st. Six research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, ONEOK presently has a consensus rating of “Moderate Buy” and an average target price of $104.86.

ONEOK Stock Performance

Shares of NYSE:OKE opened at $82.27 on Wednesday. The company has a current ratio of 0.67, a quick ratio of 0.52 and a debt-to-equity ratio of 1.35. The company has a market cap of $51.79 billion, a price-to-earnings ratio of 16.07, a price-to-earnings-growth ratio of 1.98 and a beta of 0.93. ONEOK has a 12 month low of $75.47 and a 12 month high of $118.07. The company has a 50-day moving average price of $81.45 and a 200-day moving average price of $89.10.

ONEOK Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 14th. Shareholders of record on Friday, August 1st will be paid a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 5.01%. The ex-dividend date of this dividend is Friday, August 1st. ONEOK’s payout ratio is currently 80.47%.

Hedge Funds Weigh In On ONEOK

A number of institutional investors have recently modified their holdings of OKE. Greenline Partners LLC purchased a new position in shares of ONEOK in the 4th quarter worth approximately $32,000. First Pacific Financial acquired a new stake in shares of ONEOK during the 1st quarter valued at about $34,000. Vermillion Wealth Management Inc. purchased a new position in ONEOK during the fourth quarter valued at $37,000. Financial Network Wealth Advisors LLC boosted its stake in shares of ONEOK by 2,466.7% in the first quarter. Financial Network Wealth Advisors LLC now owns 385 shares of the utilities provider’s stock worth $38,000 after acquiring an additional 370 shares during the last quarter. Finally, Marshall & Sterling Wealth Advisors Inc. acquired a new position in ONEOK during the fourth quarter worth about $39,000. 69.13% of the stock is owned by hedge funds and other institutional investors.

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.