Analysts Update Their Price Forecasts For Oneok Inc (OKE)

Oneok Inc (OKE) concluded trading on Thursday at a closing price of $98.68, with 2.85 million shares of worth about $281.16 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 3.62% during that period and on March 27, 2025 the price saw a loss of about -2.55%. Currently the company’s common shares owned by public are about 624.34M shares, out of which, 623.00M shares are available for trading.

Stock saw a price change of -1.96% in past 5 days and over the past one month there was a price change of 3.05%. Year-to-date (YTD), OKE shares are showing a performance of -1.71% which increased to 24.41% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $76.23 but also hit the highest price of $118.07 during that period. The average intraday trading volume for Oneok Inc shares is 3.97 million. The stock is currently trading 2.25% above its 20-day simple moving average (SMA20), while that difference is down -0.04% for SMA50 and it goes to 3.90% higher than SMA200.

Oneok Inc (NYSE: OKE) currently have 624.34M outstanding shares and institutions hold larger chunk of about 68.57% of that.

The stock has a current market capitalization of $61.61B and its 3Y-monthly beta is at 1.17. PE ratio of stock for trailing 12 months is 19.07, while it has posted earnings per share of $5.17 in the same period. Its PEG reads 1.88 and has Quick Ratio of 0.74 while making debt-to-equity ratio of 1.90. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for OKE, volatility over the week remained 2.40% while standing at 2.96% over the month.

Stock’s fiscal year EPS is expected to rise by 7.64% while it is estimated to increase by 13.87% in next year. EPS is likely to shrink at an annualized rate of 10.17% for next 5-years, compared to annual growth of 10.96% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on February 28, 2025 offering a Buy rating for the stock and assigned a target price of $110 to it. Coverage by Wolfe Research stated Oneok Inc (OKE) stock as an Outperform in their note to investors on February 10, 2025, suggesting a price target of $110 for the stock. On February 06, 2025, Barclays Resumed their recommendations, while on January 10, 2025, Scotiabank Initiated their ratings for the stock with a price target of $109. Stock get an Equal weight rating from Wells Fargo on December 18, 2024.

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