ONEOK (NYSE:OKE) Releases FY 2025 Earnings Guidance

ONEOK (NYSE:OKE) updated its FY 2025 earnings guidance on Monday. 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 -.

ONEOK Stock Up 0.0 %

NYSE OKE traded up $0.04 during mid-day trading on Monday, hitting $98.14. The company’s stock had a trading volume of 4,541,937 shares, compared to its average volume of 3,922,945. The firm has a market capitalization of $57.33 billion, a price-to-earnings ratio of 20.53, a PEG ratio of 3.77 and a beta of 1.70. The company’s 50 day simple moving average is $101.19 and its 200 day simple moving average is $98.87. ONEOK has a twelve month low of $72.44 and a twelve month high of $118.07. The company has a current ratio of 0.81, a quick ratio of 0.59 and a debt-to-equity ratio of 1.59.

ONEOK (NYSE:OKE) last announced 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 net margin of 14.05% and a return on equity of 16.84%. Analysts anticipate that ONEOK will post 5.07 earnings per share for the current year.

ONEOK Increases Dividend

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

Analysts Set New Price Targets

OKE has been the subject of several analyst reports. Barclays started coverage on shares of ONEOK in a report on Thursday, February 6th. They issued an “equal weight” rating and a $105.00 price objective for the company. Mizuho raised ONEOK to a “hold” rating in a report on Thursday, November 7th. Wolfe Research raised 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. UBS Group boosted their price target on shares of ONEOK from $112.00 to $132.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Finally, Wells Fargo & Company downgraded ONEOK from an “overweight” rating to an “equal weight” rating and set a $107.00 price objective on the stock. in a research report on Wednesday, December 18th. Seven research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, ONEOK currently has a consensus 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.