ONEOK (NYSE:OKE) Releases FY 2025 Earnings Guidance

ONEOK (NYSE:OKE) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 5.370-5.370 for the period, compared to the consensus estimate of 6.030. The company issued revenue guidance of -.

ONEOK Price Performance

Shares of OKE stock traded up $0.04 on Monday, reaching $98.14. The company’s stock had a trading volume of 4,543,177 shares, compared to its average volume of 3,937,446. The company has a market capitalization of $57.33 billion, a P/E ratio of 20.53, a PEG ratio of 3.77 and a beta of 1.70. ONEOK has a 12-month low of $72.44 and a 12-month high of $118.07. The stock’s 50 day simple moving average is $101.19 and its 200-day simple moving average is $98.87. The company has a quick ratio of 0.59, a current ratio of 0.81 and a debt-to-equity ratio of 1.59.

ONEOK (NYSE:OKE) last released its quarterly earnings results on Monday, February 24th. The utilities provider reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.46 by $0.11. ONEOK had a return on equity of 16.84% and a net margin of 14.05%. As a group, equities analysts predict that ONEOK will post 5.07 earnings per share for the current fiscal year.

ONEOK Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were issued a $1.03 dividend. This is a positive change from ONEOK’s previous quarterly dividend of $0.99. The ex-dividend date was Monday, February 3rd. This represents a $4.12 dividend on an annualized basis and a dividend yield of 4.20%. ONEOK’s dividend payout ratio is presently 86.19%.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Wolfe Research upgraded shares of ONEOK from a “peer perform” rating to an “outperform” rating and set a $110.00 target price for the company in a research report on Monday, February 10th. Scotiabank assumed coverage on shares of ONEOK in a research note on Friday, January 10th. They issued a “sector outperform” rating and a $109.00 price target for the company. US Capital Advisors raised ONEOK from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, February 3rd. Barclays assumed coverage on ONEOK in a research report on Thursday, February 6th. They issued an “equal weight” rating and a $105.00 price objective for the company. Finally, UBS Group raised their target price on shares of ONEOK from $112.00 to $132.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Seven research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, ONEOK currently has an average rating of “Moderate Buy” and a consensus target price of $103.92.

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.