FY2026 EPS Estimates for ONEOK Lifted by US Capital Advisors

ONEOK, Inc. (NYSE:OKE) – US Capital Advisors upped their FY2026 EPS estimates for ONEOK in a report released on Friday, May 29th. US Capital Advisors analyst J. Carreker now forecasts that the utilities provider will earn $5.67 per share for the year, up from their prior forecast of $5.63. The consensus estimate for ONEOK’s current full-year earnings is $5.76 per share.

A number of other brokerages have also recently issued reports on OKE. Wolfe Research cut shares of ONEOK from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, February 25th. Scotiabank lowered shares of ONEOK from a “sector outperform” rating to a “sector perform” rating and dropped their target price for the stock from $92.00 to $89.00 in a research report on Thursday, April 30th. Wells Fargo & Company dropped their target price on shares of ONEOK from $100.00 to $98.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Raymond James Financial restated an “outperform” rating and set a $92.00 target price on shares of ONEOK in a research report on Thursday, April 30th. Finally, Royal Bank Of Canada upped their target price on shares of ONEOK from $79.00 to $84.00 and gave the stock a “sector perform” rating in a research report on Thursday, March 19th. Eight equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $91.88.

ONEOK Stock Performance

Shares of NYSE OKE opened at $86.65 on Wednesday. The firm has a fifty day moving average price of $88.78 and a 200-day moving average price of $81.47. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.71 and a quick ratio of 0.56. The stock has a market cap of $54.59 billion, a PE ratio of 15.45, a price-to-earnings-growth ratio of 6.31 and a beta of 0.74. ONEOK has a 1 year low of $64.02 and a 1 year high of $96.07.

ONEOK (NYSE:OKE) last announced its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $1.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.07). The firm had revenue of $9.62 billion during the quarter, compared to analysts’ expectations of $8.23 billion. ONEOK had a return on equity of 16.06% and a net margin of 10.03%.During the same period last year, the company earned $1.04 earnings per share. ONEOK has set its FY 2026 guidance at 5.530-5.530 EPS.

ONEOK Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Monday, May 4th were given a dividend of $1.07 per share. The ex-dividend date was Monday, May 4th. This represents a $4.28 annualized dividend and a yield of 4.9%. ONEOK’s dividend payout ratio (DPR) is 76.29%.

Hedge Funds Weigh In On ONEOK

Institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in shares of ONEOK by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 77,603,334 shares of the utilities provider’s stock worth $5,703,845,000 after acquiring an additional 380,744 shares during the last quarter. State Street Corp lifted its holdings in shares of ONEOK by 1.7% in the 4th quarter. State Street Corp now owns 38,450,591 shares of the utilities provider’s stock worth $2,826,118,000 after acquiring an additional 648,647 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of ONEOK by 2.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 22,634,512 shares of the utilities provider’s stock worth $1,663,637,000 after acquiring an additional 599,248 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of ONEOK by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 16,596,172 shares of the utilities provider’s stock worth $1,215,107,000 after acquiring an additional 518,746 shares during the last quarter. Finally, First Eagle Investment Management LLC lifted its holdings in shares of ONEOK by 46.3% in the 4th quarter. First Eagle Investment Management LLC now owns 11,365,304 shares of the utilities provider’s stock worth $835,350,000 after acquiring an additional 3,596,089 shares during the last quarter. Institutional investors own 69.13% of the company’s stock.

ONEOK Company Profile

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.