Research Analysts Set Expectations for ONEOK FY2025 Earnings

ONEOK, Inc. (NYSE:OKE) – Equities research analysts at US Capital Advisors reduced their FY2025 earnings estimates for shares of ONEOK in a research report issued on Tuesday, November 25th. US Capital Advisors analyst J. Carreker now anticipates that the utilities provider will post earnings of $5.42 per share for the year, down from their previous forecast of $5.46. 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 $1.57 EPS, Q1 2026 earnings at $1.48 EPS, Q2 2026 earnings at $1.51 EPS, Q3 2026 earnings at $1.57 EPS, Q4 2026 earnings at $1.61 EPS, FY2026 earnings at $6.16 EPS and FY2027 earnings at $6.67 EPS.

ONEOK (NYSE:OKE) last released its quarterly earnings data on Tuesday, October 28th. The utilities provider reported $1.49 earnings per share (EPS) 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 firm had revenue of $8.63 billion during the quarter, compared to analysts’ expectations of $8.23 billion. During the same quarter last year, the firm earned $1.18 earnings per share. ONEOK has set its FY 2025 guidance at 4.970-5.770 EPS.

A number of other research firms have also recently issued reports on OKE. Scotiabank reduced their target price on shares of ONEOK from $88.00 to $87.00 and set a “sector outperform” rating for the company in a research note on Tuesday, November 4th. Citigroup decreased their price objective on shares of ONEOK from $102.00 to $95.00 and set a “buy” rating for the company in a report on Friday, October 31st. Morgan Stanley cut their target price on ONEOK from $122.00 to $110.00 and set an “overweight” rating on the stock in a report on Tuesday, August 26th. The Goldman Sachs Group reiterated a “neutral” rating and set a $72.00 price target on shares of ONEOK in a research note on Monday, November 3rd. Finally, TD Cowen cut their price objective on ONEOK from $78.00 to $76.00 and set a “hold” rating on the stock in a research note on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $89.27.

ONEOK Stock Up 1.0%

Shares of ONEOK stock opened at $71.56 on Wednesday. The stock has a 50-day simple moving average of $69.99 and a 200-day simple moving average of $75.97. ONEOK has a 52-week low of $64.02 and a 52-week high of $114.27. The firm has a market cap of $45.03 billion, a price-to-earnings ratio of 13.15, a P/E/G ratio of 2.62 and a beta of 1.05. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.90 and a quick ratio of 0.46.

Institutional Trading of ONEOK

Several hedge funds have recently added to or reduced their stakes in the business. Trust Investment Advisors lifted its stake in ONEOK by 2.1% in the third quarter. Trust Investment Advisors now owns 21,066 shares of the utilities provider’s stock valued at $1,537,000 after acquiring an additional 432 shares during the last quarter. Greenfield Seitz Capital Management LLC grew its position in shares of ONEOK by 13.4% during the 3rd quarter. Greenfield Seitz Capital Management LLC now owns 39,946 shares of the utilities provider’s stock worth $2,915,000 after purchasing an additional 4,715 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new position in ONEOK in the third quarter valued at about $6,327,000. Tcfg Wealth Management LLC acquired a new stake in ONEOK in the third quarter valued at about $252,000. Finally, WBI Investments LLC boosted its stake in shares of ONEOK by 221.5% during the third quarter. WBI Investments LLC now owns 35,768 shares of the utilities provider’s stock valued at $2,610,000 after purchasing an additional 24,643 shares in the last quarter. Institutional investors and hedge funds own 69.13% of the company’s stock.

Insider Activity at ONEOK

In other news, Director Brian L. Derksen bought 2,500 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was bought at an average price of $66.00 per share, for a total transaction of $165,000.00. Following the completion of the purchase, the director owned 21,200 shares of the company’s stock, valued at approximately $1,399,200. The trade was a 13.37% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.21% of the company’s stock.

ONEOK Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 14th. Investors of record on Monday, November 3rd were given a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend was Monday, November 3rd. ONEOK’s dividend payout ratio is 75.74%.

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.