US Capital Advisors Cuts Earnings Estimates for ONEOK

ONEOK, Inc. (NYSE:OKE) – Analysts at US Capital Advisors cut their FY2025 earnings estimates for ONEOK in a research report issued on Tuesday, November 25th. US Capital Advisors analyst J. Carreker now expects that the utilities provider will post earnings per share of $5.42 for the year, down from their prior 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 posted its earnings results 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. The business had revenue of $8.63 billion for the quarter, compared to analyst estimates of $8.23 billion. ONEOK had a net margin of 10.58% and a return on equity of 15.12%. During the same period last year, the business posted $1.18 EPS. ONEOK has set its FY 2025 guidance at 4.970-5.770 EPS.

Several other brokerages also recently weighed in on OKE. Citigroup decreased their target price on ONEOK from $102.00 to $95.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Raymond James Financial reiterated an “outperform” rating and set a $82.00 price target (down from $100.00) on shares of ONEOK in a report on Friday, October 24th. Barclays lowered their price objective on shares of ONEOK from $83.00 to $78.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 9th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $72.00 target price on shares of ONEOK in a research report on Monday, November 3rd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of ONEOK in a research note on Tuesday. One 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 stock has a consensus rating of “Moderate Buy” and a consensus target price of $89.27.

ONEOK Trading Up 1.0%

Shares of NYSE:OKE opened at $71.56 on Wednesday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.46 and a current ratio of 0.90. The stock’s 50-day moving average is $69.95 and its 200-day moving average is $75.94. The company has a market cap of $45.03 billion, a P/E ratio of 13.15, a P/E/G ratio of 2.62 and a beta of 1.05. ONEOK has a 52-week low of $64.02 and a 52-week high of $114.27.

ONEOK Dividend Announcement

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

Insider Buying and Selling

In other ONEOK news, Director Brian L. Derksen purchased 2,500 shares of the firm’s stock in a transaction on Monday, November 3rd. The shares were purchased 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 directly owned 21,200 shares of the company’s stock, valued at approximately $1,399,200. This represents a 13.37% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.21% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On ONEOK

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bogart Wealth LLC raised its position in ONEOK by 3.1% in the second quarter. Bogart Wealth LLC now owns 4,031 shares of the utilities provider’s stock worth $329,000 after purchasing an additional 122 shares in the last quarter. Presima Securities ULC grew its stake in shares of ONEOK by 1.4% in the 1st quarter. Presima Securities ULC now owns 9,477 shares of the utilities provider’s stock valued at $940,000 after purchasing an additional 127 shares during the period. Clearstead Trust LLC grew its stake in shares of ONEOK by 5.0% in the 1st quarter. Clearstead Trust LLC now owns 2,792 shares of the utilities provider’s stock valued at $277,000 after purchasing an additional 133 shares during the period. Empowered Funds LLC raised its holdings in shares of ONEOK by 0.8% in the 1st quarter. Empowered Funds LLC now owns 17,957 shares of the utilities provider’s stock worth $1,782,000 after buying an additional 137 shares in the last quarter. Finally, MJT & Associates Financial Advisory Group Inc. lifted its position in shares of ONEOK by 5.8% during the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 2,540 shares of the utilities provider’s stock worth $207,000 after buying an additional 140 shares during the period. 69.13% of the stock is owned by institutional investors.

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.