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 EPS guidance of 5.370-5.370 for the period, compared to the consensus EPS estimate of 6.030. The company issued revenue guidance of -.

Analysts Set New Price Targets

OKE has been the subject of a number of recent research reports. UBS Group increased their price objective on shares of ONEOK from $112.00 to $132.00 and gave the company a “buy” rating in a report on Friday, November 15th. Barclays initiated coverage on ONEOK in a report on Thursday, February 6th. They issued an “equal weight” rating and a $105.00 price target for the company. Wolfe Research upgraded ONEOK from a “peer perform” rating to an “outperform” rating and set a $110.00 target price for the company in a report on Monday, February 10th. Mizuho raised ONEOK to a “hold” rating in a research note on Thursday, November 7th. Finally, Truist Financial boosted their price target on shares of ONEOK from $99.00 to $107.00 and gave the company a “hold” rating in a research report on Tuesday, December 3rd. Seven investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $103.92.

ONEOK Trading Up 0.0 %

Shares of OKE stock opened at $98.14 on Tuesday. ONEOK has a 1-year low of $72.44 and a 1-year high of $118.07. The firm’s 50-day simple moving average is $101.09 and its 200-day simple moving average is $98.96. The firm has a market cap of $57.33 billion, a P/E ratio of 20.53, a PEG ratio of 3.77 and a beta of 1.70. 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 announced its quarterly earnings results on Monday, February 24th. The utilities provider reported $1.57 EPS for the quarter, topping 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 forecast that ONEOK will post 5.07 EPS for the current year.

ONEOK Increases Dividend

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

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.