Q1 Earnings Forecast for ONEOK Issued By US Capital Advisors

ONEOK, Inc. (NYSE:OKE) – Equities researchers at US Capital Advisors lowered their Q1 2026 earnings per share (EPS) estimates for shares of ONEOK in a research report issued on Monday, March 23rd. US Capital Advisors analyst J. Carreker now anticipates that the utilities provider will earn $1.32 per share for the quarter, down from their prior forecast of $1.44. The consensus estimate for ONEOK’s current full-year earnings is $5.07 per share. US Capital Advisors also issued estimates for ONEOK’s Q2 2026 earnings at $1.38 EPS, Q3 2026 earnings at $1.42 EPS, Q4 2026 earnings at $1.50 EPS, FY2026 earnings at $5.63 EPS, Q1 2027 earnings at $1.42 EPS, Q2 2027 earnings at $1.46 EPS, Q3 2027 earnings at $1.52 EPS, Q4 2027 earnings at $1.61 EPS, FY2027 earnings at $6.01 EPS and FY2028 earnings at $6.80 EPS.

ONEOK (NYSE:OKE) last issued its quarterly earnings data on Monday, February 23rd. The utilities provider reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.50 by $0.05. The company had revenue of $9.07 billion for the quarter, compared to the consensus estimate of $8.77 billion. ONEOK had a return on equity of 15.29% and a net margin of 10.09%.During the same quarter last year, the company earned $1.57 earnings per share. ONEOK has set its FY 2026 guidance at 5.040-5.870 EPS.

Other research analysts also recently issued research reports about the stock. UBS Group cut their price objective on shares of ONEOK from $114.00 to $103.00 and set a “buy” rating on the stock in a research report on Thursday, January 22nd. Jefferies Financial Group upgraded shares of ONEOK from a “hold” rating to a “buy” rating and raised their target price for the company from $85.00 to $98.00 in a research note on Friday, March 20th. Scotiabank reaffirmed an “outperform” rating and issued a $91.00 price target on shares of ONEOK in a report on Friday, January 16th. Royal Bank Of Canada upped their price target on ONEOK from $79.00 to $84.00 and gave the stock a “sector perform” rating in a research report on Thursday, March 19th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $104.00 price objective on shares of ONEOK in a report on Wednesday, January 28th. Eight research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $87.75.

ONEOK Stock Performance

OKE stock opened at $90.86 on Tuesday. ONEOK has a one year low of $64.02 and a one year high of $103.64. The firm has a market cap of $57.22 billion, a price-to-earnings ratio of 16.76, a PEG ratio of 6.83 and a beta of 0.93. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.56 and a current ratio of 0.71. The firm has a 50-day simple moving average of $82.78 and a two-hundred day simple moving average of $75.42.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Hoxton Planning & Management LLC grew its holdings in shares of ONEOK by 2.3% during the fourth quarter. Hoxton Planning & Management LLC now owns 5,372 shares of the utilities provider’s stock valued at $395,000 after buying an additional 120 shares during the last quarter. Disciplined Investments LLC raised its stake in ONEOK by 0.6% in the 4th quarter. Disciplined Investments LLC now owns 21,577 shares of the utilities provider’s stock worth $1,586,000 after acquiring an additional 125 shares during the last quarter. TCV Trust & Wealth Management Inc. raised its stake in ONEOK by 4.2% in the 4th quarter. TCV Trust & Wealth Management Inc. now owns 3,290 shares of the utilities provider’s stock worth $242,000 after acquiring an additional 133 shares during the last quarter. Loomis Sayles & Co. L P lifted its position in ONEOK by 14.8% during the 4th quarter. Loomis Sayles & Co. L P now owns 1,034 shares of the utilities provider’s stock worth $76,000 after acquiring an additional 133 shares during the period. Finally, Empowered Funds LLC lifted its position in ONEOK by 0.8% during the 1st quarter. Empowered Funds LLC now owns 17,957 shares of the utilities provider’s stock worth $1,782,000 after acquiring an additional 137 shares during the period. Institutional investors and hedge funds own 69.13% of the company’s stock.

ONEOK Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Monday, February 2nd were paid a $1.07 dividend. This is a boost from ONEOK’s previous quarterly dividend of $1.03. The ex-dividend date was Monday, February 2nd. This represents a $4.28 dividend on an annualized basis and a yield of 4.7%. ONEOK’s dividend payout ratio (DPR) is 78.97%.

ONEOK News Summary

Here are the key news stories impacting ONEOK this week:

• Positive Sentiment: Jefferies upgraded ONEOK, signaling institutional support that likely helped buying interest. ONEOK Upgraded at Jefferies Financial Group
• Positive Sentiment: ONEOK earned membership in the “95‑plus composite rating club,” a quality/composite score that can attract income and quality‑focused investors. Oneok earns membership in 95-plus composite rating club
• Positive Sentiment: A Zacks note called out OKE advancing while the broader market declined, reinforcing that headline momentum is favoring the stock today. Oneok Inc. (OKE) Advances While Market Declines
• Neutral Sentiment: Truist initiated coverage with a “Hold” rating and a $91 price target—only a marginal upside from current levels—so this is more confirmation than a strong catalyst. Benzinga coverage of Truist initiation
• Neutral Sentiment: Brokerage consensus remains around a “Hold,” per a survey report, which supports the view that the stock is fairly valued by many analysts. ONEOK Receives Average Rating of “Hold” from Brokerages
• Negative Sentiment: US Capital Advisors issued a detailed set of cuts to near‑term 2026/2027 quarterly and annual EPS forecasts (e.g., FY2026 lowered to $5.63 from $5.96; FY2027 trimmed to $6.01), which could weigh on short‑term sentiment despite the firm’s longer‑term FY2028 projection. This is the main fundamental headwind in today’s newsflow. MarketBeat summary of analyst estimate changes

About ONEOK

ONEOK, Inc (NYSE: OKE) is a publicly traded midstream energy company headquartered in Tulsa, Oklahoma. The company owns and operates a portfolio of natural gas and natural gas liquids (NGL) pipelines, processing facilities, fractionators and storage and terminal assets. Its operations are focused on gathering, processing, transporting, fractionating and marketing NGLs and interstate natural gas, providing critical infrastructure that connects hydrocarbon production to refineries, petrochemical plants and other end markets.

ONEOK’s asset base includes pipeline systems and processing plants that move and condition natural gas, along with infrastructure for the transportation, storage and fractionation of NGLs such as ethane, propane and butane.