ONEOK (NYSE:OKE) Releases FY 2025 Earnings Guidance

by · The Cerbat Gem

ONEOK (NYSE:OKE – Get Free Report) updated its FY 2025 earnings guidance on Monday. 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 Stock Performance

Shares of OKE traded up $0.04 during trading hours on Monday, hitting $98.14. The stock had a trading volume of 4,543,177 shares, compared to its average volume of 3,937,446. ONEOK has a 12 month low of $72.44 and a 12 month high of $118.07. The stock has a fifty day moving average price of $101.19 and a 200 day moving average price of $98.87. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.81 and a quick ratio of 0.59. The firm has a market capitalization of $57.33 billion, a PE ratio of 20.53, a PEG ratio of 3.77 and a beta of 1.70.

ONEOK (NYSE:OKE – Get Free Report) last released its quarterly earnings results on Monday, February 24th. The utilities provider reported $1.57 EPS for the quarter, beating the consensus estimate of $1.46 by $0.11. ONEOK had a net margin of 14.05% and a return on equity of 16.84%. Analysts anticipate that ONEOK will post 5.07 EPS for the current year.

ONEOK Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were given a $1.03 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from ONEOK’s previous quarterly dividend of $0.99. This represents a $4.12 annualized dividend and a yield of 4.20%. ONEOK’s dividend payout ratio (DPR) is presently 86.19%.

Wall Street Analyst Weigh In

Several research firms have recently commented on OKE. Wells Fargo & Company lowered ONEOK from an “overweight” rating to an “equal weight” rating and set a $107.00 price objective for the company. in a research note on Wednesday, December 18th. US Capital Advisors upgraded ONEOK from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, February 3rd. UBS Group raised their price objective on ONEOK from $112.00 to $132.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Truist Financial boosted their price objective on ONEOK from $99.00 to $107.00 and gave the company a “hold” rating in a research note on Tuesday, December 3rd. Finally, Mizuho upgraded shares of ONEOK to a “hold” rating in a research note on Thursday, November 7th. Seven investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, ONEOK has an average rating of “Moderate Buy” and an average price target of $103.92.

Check Out Our Latest Stock Report on ONEOK

About ONEOK

(Get Free Report)

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.

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