Q1 Earnings Forecast for ONEOK Issued By US Capital Advisors

ONEOK, Inc. (NYSE:OKE) – US Capital Advisors raised their Q1 2025 earnings per share (EPS) estimates for ONEOK in a research note issued on Monday, March 24th. US Capital Advisors analyst J. Carreker now expects that the utilities provider will earn $1.40 per share for the quarter, up from their previous estimate of $1.38. 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 Q2 2025 earnings at $1.45 EPS, Q3 2025 earnings at $1.52 EPS, Q4 2025 earnings at $1.60 EPS, FY2025 earnings at $5.96 EPS, Q2 2026 earnings at $1.69 EPS, FY2026 earnings at $6.94 EPS and FY2027 earnings at $7.78 EPS.

Several other analysts have also weighed in on OKE. Citigroup assumed coverage on ONEOK in a report on Friday, February 28th. They issued a “buy” rating and a $110.00 price objective for the company. Wolfe Research raised shares of ONEOK from a “peer perform” rating to an “outperform” rating and set a $110.00 price objective on the stock in a research note on Monday, February 10th. Scotiabank cut their target price on shares of ONEOK from $109.00 to $102.00 and set a “sector outperform” rating for the company in a research note on Thursday, March 6th. Barclays decreased their price target on shares of ONEOK from $105.00 to $101.00 and set an “equal weight” rating on the stock in a research report on Friday, March 7th. Finally, Morgan Stanley lifted their target price on ONEOK from $111.00 to $133.00 and gave the stock an “overweight” rating in a report on Tuesday. Seven investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $105.00.

ONEOK Stock Performance

OKE opened at $102.42 on Wednesday. ONEOK has a 1-year low of $76.23 and a 1-year high of $118.07. The company has a market capitalization of $63.94 billion, a price-to-earnings ratio of 21.43, a price-to-earnings-growth ratio of 3.77 and a beta of 1.70. The business has a 50 day moving average price of $98.84 and a two-hundred day moving average price of $100.07. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.81 and a quick ratio of 0.59.

ONEOK (NYSE:OKE) last released its quarterly earnings results on Monday, February 24th. The utilities provider reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.46 by $0.11. The company had revenue of $7 billion for the quarter, compared to the consensus estimate of $6.18 billion. ONEOK had a net margin of 14.05% and a return on equity of 16.84%.

ONEOK Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 4.02%. The ex-dividend date was Monday, February 3rd. This is a boost from ONEOK’s previous quarterly dividend of $0.99. ONEOK’s payout ratio is 79.69%.

Institutional Trading of ONEOK

A number of hedge funds have recently made changes to their positions in the stock. Kieckhefer Group LLC acquired a new position in ONEOK in the 4th quarter valued at approximately $30,000. Greenline Partners LLC purchased a new position in shares of ONEOK during the 4th quarter valued at $32,000. Vermillion Wealth Management Inc. purchased a new stake in shares of ONEOK during the fourth quarter worth $37,000. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in ONEOK during the fourth quarter valued at $39,000. Finally, Canton Hathaway LLC purchased a new position in ONEOK in the fourth quarter valued at about $40,000. 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.