ONEOK, Inc. (NYSE:OKE) Given Consensus Rating of “Hold” by Brokerages

Posted by George Bondi on Jun 14th, 2026

ONEOK, Inc. (NYSE:OKE – Get Free Report) has earned an average recommendation of “Hold” from the eighteen research firms that are presently covering the firm, Marketbeat.com reports. Ten analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $91.8750.

A number of equities analysts have recently weighed in on OKE shares. Freedom Capital upgraded ONEOK from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 5th. Morgan Stanley upped their target price on ONEOK from $104.00 to $113.00 and gave the company an “overweight” rating in a report on Tuesday, April 7th. Truist Financial upped their target price on ONEOK from $91.00 to $93.00 and gave the company a “hold” rating in a report on Monday, May 4th. Raymond James Financial reiterated an “outperform” rating and issued a $92.00 target price on shares of ONEOK in a report on Thursday, April 30th. Finally, Jefferies Financial Group upped their target price on ONEOK from $98.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, April 8th.

View Our Latest Analysis on OKE

ONEOK Price Performance

Shares of OKE opened at $90.40 on Friday. The company has a market capitalization of $56.95 billion, a price-to-earnings ratio of 16.11, a P/E/G ratio of 6.77 and a beta of 0.74. ONEOK has a fifty-two week low of $64.02 and a fifty-two week high of $96.07. 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 business’s 50-day moving average is $88.31 and its 200-day moving average is $82.58.

ONEOK (NYSE:OKE – Get Free Report) last issued its earnings results on Tuesday, April 28th. The utilities provider reported $1.23 earnings per share for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.07). The business had revenue of $9.62 billion during the quarter, compared to analyst estimates of $8.23 billion. ONEOK had a net margin of 10.03% and a return on equity of 16.06%. During the same quarter in the prior year, the company earned $1.04 EPS. ONEOK has set its FY 2026 guidance at 5.530-5.530 EPS. Equities research analysts expect that ONEOK will post 5.72 EPS for the current fiscal year.

ONEOK Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Monday, May 4th were paid a $1.07 dividend. The ex-dividend date of this dividend was Monday, May 4th. This represents a $4.28 annualized dividend and a dividend yield of 4.7%. ONEOK’s payout ratio is presently 76.29%.

Institutional Investors Weigh In On ONEOK

Several large investors have recently made changes to their positions in the company. Clearstead Trust LLC grew its stake in shares of ONEOK by 4.7% in the 1st quarter. Clearstead Trust LLC now owns 2,632 shares of the utilities provider’s stock valued at $238,000 after buying an additional 117 shares in the last quarter. Hoxton Planning & Management LLC grew its stake in shares of ONEOK by 2.3% in the 4th quarter. Hoxton Planning & Management LLC now owns 5,372 shares of the utilities provider’s stock valued at $395,000 after buying an additional 120 shares in the last quarter. Welch Group LLC grew its stake in shares of ONEOK by 0.8% in the 1st quarter. Welch Group LLC now owns 14,859 shares of the utilities provider’s stock valued at $1,343,000 after buying an additional 122 shares in the last quarter. Pine Valley Investments Ltd Liability Co grew its stake in shares of ONEOK by 0.5% in the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 26,261 shares of the utilities provider’s stock valued at $2,374,000 after buying an additional 122 shares in the last quarter. Finally, FAS Wealth Partners Inc. grew its stake in shares of ONEOK by 2.1% in the 1st quarter. FAS Wealth Partners Inc. now owns 6,057 shares of the utilities provider’s stock valued at $548,000 after buying an additional 123 shares in the last quarter. Institutional investors own 69.13% of the company’s stock.

About ONEOK

(Get Free Report)

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.