ONEOK, Inc. (NYSE:OKE – Get Free Report) has earned an average rating of “Moderate Buy” from the twenty research firms that are covering the company, MarketBeat reports. Eleven equities research analysts have rated the stock with a hold recommendation, eight have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $96.21.
A number of research analysts have commented on the stock. TD Cowen lifted their price objective on shares of ONEOK from $90.00 to $93.00 and gave the company a “hold” rating in a research note on Friday, September 11th. JPMorgan Chase & Co. decreased their target price on shares of ONEOK from $106.00 to $100.00 and set a “neutral” rating for the company in a research note on Tuesday, October 6th. Mizuho raised their price target on ONEOK from $91.00 to $95.00 in a report on Friday, July 10th. Scotiabank raised their price target on ONEOK from $89.00 to $95.00 and gave the stock a “sector perform” rating in a report on Tuesday, September 1st. Finally, Raymond James Financial boosted their price target on ONEOK from $92.00 to $95.00 and gave the company an “outperform” rating in a research report on Friday, July 24th.
Read Our Latest Report on ONEOK
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ONEOK Price Performance
OKE stock opened at $91.94 on Friday. The company has a market capitalization of $57.95 billion, a P/E ratio of 15.91, a PEG ratio of 2.66 and a beta of 0.82. ONEOK has a twelve month low of $64.02 and a twelve month high of $99.85. The business has a 50 day simple moving average of $92.52 and a 200-day simple moving average of $90.13. The company has a current ratio of 0.74, a quick ratio of 0.59 and a debt-to-equity ratio of 1.34.
ONEOK (NYSE:OKE – Get Free Report) last announced its earnings results on Monday, August 3rd. The utilities provider reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.07. ONEOK had a net margin of 9.29% and a return on equity of 16.41%. The business had revenue of $12.05 billion for the quarter, compared to analysts’ expectations of $8.95 billion. During the same period in the previous year, the company posted $1.34 EPS. ONEOK has set its FY 2026 guidance at 5.680-5.680 EPS. As a group, equities analysts anticipate that ONEOK will post 5.72 EPS for the current year.
About ONEOK
ONEOK, Inc (NYSE: OKE) is a diversified energy infrastructure company that owns and operates midstream assets in the United States. Its operations connect producers, processors, storage facilities and end-use markets across major energy-producing and consuming regions.
The company’s businesses include natural gas gathering, processing, transportation and storage, as well as natural gas liquids (NGL) gathering, fractionation, storage and transportation. ONEOK also operates infrastructure serving refined products and crude oil markets, including pipelines and terminals.
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