Currently, there are 624.34M common shares owned by the public and among those 622.93M shares have been available to trade.
The company’s stock has a 5-day price change of -1.25% and -15.89% over the past three months. OKE shares are trading -7.75% year to date (YTD), with the 12-month market performance up to 19.60% higher. It has a 12-month low price of $76.23 and touched a high of $118.07 over the same period. OKE has an average intraday trading volume of 3.85 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.54%, -6.96%, and -1.31% respectively.
Institutional ownership of Oneok Inc (NYSE: OKE) shares accounts for 68.58% of the company’s 624.34M shares outstanding.
It has a market capitalization of $57.83B and a beta (3y monthly) value of 1.21. The stock’s trailing 12-month PE ratio is 17.90, while the earnings-per-share (ttm) stands at $5.17. The company has a PEG of 1.88 and a Quick Ratio of 0.74 with the debt-to-equity ratio at 1.90. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.42% over the week and 3.12% over the month.
Earnings per share for the fiscal year are expected to increase by 8.62%, and 13.02% over the next financial year. EPS should shrink at an annualized rate of 9.54% over the next five years, compared to 10.96% over the past 5-year period.
Looking at the support for the OKE, a number of firms have released research notes about the stock. Citigroup stated their Buy rating for the stock in a research note on February 28, 2025, with the firm’s price target at $110. Wolfe Research coverage for the Oneok Inc (OKE) stock in a research note released on February 10, 2025 offered a Outperform rating with a price target of $110. Barclays was of a view on February 06, 2025 that the stock is Equal Weight, while Scotiabank gave the stock Sector Outperform rating on January 10, 2025, issuing a price target of $109. Wells Fargo on their part issued Equal Weight rating on December 18, 2024.
