Analysts Set Expectations for ONEOK’s Q3 Earnings (NYSE:OKE)

ONEOK, Inc. (NYSE:OKE) – Investment analysts at US Capital Advisors cut their Q3 2025 earnings per share (EPS) estimates for shares of ONEOK in a report issued on Tuesday, October 28th. US Capital Advisors analyst J. Carreker now expects that the utilities provider will post earnings of $1.51 per share for the quarter, down from their prior estimate of $1.58. 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 2025 earnings at $1.59 EPS, FY2025 earnings at $5.46 EPS, Q1 2026 earnings at $1.51 EPS, Q2 2026 earnings at $1.54 EPS, Q3 2026 earnings at $1.61 EPS, Q4 2026 earnings at $1.64 EPS, FY2026 earnings at $6.30 EPS and FY2027 earnings at $7.00 EPS.

Other equities research analysts also recently issued reports about the company. The Goldman Sachs Group began coverage on ONEOK in a report on Tuesday, September 30th. They issued a “neutral” rating and a $75.00 price target for the company. Wells Fargo & Company dropped their target price on ONEOK from $90.00 to $82.00 and set an “equal weight” rating on the stock in a research report on Thursday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ONEOK in a research report on Wednesday, October 8th. Morgan Stanley dropped their target price on ONEOK from $122.00 to $110.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 26th. Finally, Mizuho dropped their target price on ONEOK from $87.00 to $82.00 and set a “neutral” rating on the stock in a research report on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $93.80.

ONEOK Price Performance

Shares of NYSE OKE opened at $66.70 on Thursday. ONEOK has a twelve month low of $66.35 and a twelve month high of $118.07. The company has a current ratio of 0.90, a quick ratio of 0.46 and a debt-to-equity ratio of 1.44. The company has a market capitalization of $42.00 billion, a price-to-earnings ratio of 12.26, a price-to-earnings-growth ratio of 2.62 and a beta of 1.01. The business has a 50 day simple moving average of $71.96 and a 200-day simple moving average of $78.00.

ONEOK (NYSE:OKE) last issued its quarterly earnings results on Tuesday, October 28th. The utilities provider reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.48 by $0.01. ONEOK had a return on equity of 15.12% and a net margin of 10.58%.The business had revenue of $9.17 billion during the quarter, compared to the consensus estimate of $8.23 billion. During the same period in the previous year, the business earned $1.18 EPS. ONEOK has set its FY 2025 guidance at 4.970-5.770 EPS.

ONEOK Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Monday, November 3rd will be issued a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date of this dividend is Monday, November 3rd. ONEOK’s dividend payout ratio (DPR) is 80.31%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of OKE. Brighton Jones LLC increased its holdings in shares of ONEOK by 137.1% during the fourth quarter. Brighton Jones LLC now owns 15,278 shares of the utilities provider’s stock valued at $1,534,000 after purchasing an additional 8,834 shares during the period. Sovran Advisors LLC acquired a new position in shares of ONEOK during the first quarter valued at $269,000. KBC Group NV increased its holdings in shares of ONEOK by 2.4% during the first quarter. KBC Group NV now owns 49,716 shares of the utilities provider’s stock valued at $4,933,000 after purchasing an additional 1,160 shares during the period. Smith Salley Wealth Management bought a new position in ONEOK during the first quarter valued at about $202,000. Finally, Alta Advisers Ltd bought a new position in ONEOK during the first quarter valued at about $279,000. 69.13% of the stock is owned by institutional investors and hedge funds.

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.