US Capital Advisors Forecasts ONEOK’s Q3 Earnings (NYSE:OKE)

ONEOK, Inc. (NYSE:OKE) – US Capital Advisors upped their Q3 2026 earnings per share estimates for shares of ONEOK in a report released on Wednesday, July 29th. US Capital Advisors analyst J. Carreker now expects that the utilities provider will post earnings per share of $1.45 for the quarter, up from their previous estimate of $1.43. The consensus estimate for ONEOK’s current full-year earnings is $5.65 per share. US Capital Advisors also issued estimates for ONEOK’s Q1 2027 earnings at $1.47 EPS, Q2 2027 earnings at $1.48 EPS, Q3 2027 earnings at $1.54 EPS, Q4 2027 earnings at $1.64 EPS, FY2027 earnings at $6.12 EPS and FY2028 earnings at $6.97 EPS.

Other research analysts also recently issued research reports about the stock. Raymond James Financial restated an “outperform” rating and set a $92.00 price objective on shares of ONEOK in a research report on Thursday, April 30th. Freedom Capital raised shares of ONEOK from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 5th. Weiss Ratings upgraded shares of ONEOK from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, May 18th. Morgan Stanley reissued an “equal weight” rating and set a $103.00 price target (down from $113.00) on shares of ONEOK in a report on Wednesday. Finally, JPMorgan Chase & Co. raised their price target on ONEOK from $91.00 to $92.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Seven equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, ONEOK currently has a consensus rating of “Hold” and a consensus target price of $91.81.

ONEOK Stock Performance

Shares of OKE stock opened at $90.03 on Thursday. The company has a 50 day moving average price of $89.23 and a 200-day moving average price of $86.43. ONEOK has a 52 week low of $64.02 and a 52 week high of $96.07. The firm has a market capitalization of $56.73 billion, a PE ratio of 16.05, a P/E/G ratio of 4.80 and a beta of 0.73. The company has a quick ratio of 0.56, a current ratio of 0.71 and a debt-to-equity ratio of 1.37.

ONEOK (NYSE:OKE) last posted its earnings results on Tuesday, April 28th. The utilities provider reported $1.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.30 by ($0.07). The company had revenue of $9.62 billion for the quarter, compared to the consensus estimate 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 posted $1.04 EPS.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in OKE. Butensky & Cohen Financial Security Inc. purchased a new stake in shares of ONEOK in the 2nd quarter worth $5,779,000. Hudson Value Partners LLC grew its holdings in ONEOK by 5.1% during the second quarter. Hudson Value Partners LLC now owns 67,843 shares of the utilities provider’s stock valued at $5,898,000 after purchasing an additional 3,292 shares during the period. Tema ETFs LLC increased its position in ONEOK by 10.5% in the second quarter. Tema ETFs LLC now owns 12,168 shares of the utilities provider’s stock worth $1,058,000 after buying an additional 1,160 shares in the last quarter. Clarus Wealth Advisors raised its stake in shares of ONEOK by 21.7% in the second quarter. Clarus Wealth Advisors now owns 6,169 shares of the utilities provider’s stock worth $562,000 after buying an additional 1,102 shares during the period. Finally, Fulcrum Equity Management lifted its position in shares of ONEOK by 0.7% during the 2nd quarter. Fulcrum Equity Management now owns 51,928 shares of the utilities provider’s stock valued at $4,515,000 after buying an additional 378 shares in the last quarter. 69.13% of the stock is currently owned by institutional investors.

ONEOK Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Monday, August 3rd will be given a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a yield of 4.8%. The ex-dividend date is Monday, August 3rd. ONEOK’s payout ratio is 76.29%.

About ONEOK

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.