ONEOK, Inc. (NYSE:OKE) Receives $88.00 Consensus Price Target from Brokerages

11 Jan 2026, 02:30 by Doug Wharley · The Cerbat Gem

ONEOK, Inc. (NYSE:OKE – Get Free Report) has been given a consensus rating of “Moderate Buy” by the seventeen research firms that are currently covering the firm, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $88.00.

A number of equities research analysts recently weighed in on OKE shares. Citigroup lowered their target price on shares of ONEOK from $102.00 to $95.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Raymond James Financial reissued an “outperform” rating and set a $82.00 price objective (down from $100.00) on shares of ONEOK in a report on Friday, October 24th. Scotiabank dropped their target price on ONEOK from $88.00 to $87.00 and set a “sector outperform” rating on the stock in a report on Tuesday, November 4th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $72.00 target price on shares of ONEOK in a research report on Monday, November 3rd. Finally, UBS Group reissued a “buy” rating on shares of ONEOK in a research report on Wednesday.

Check Out Our Latest Analysis on ONEOK

ONEOK Price Performance

Shares of OKE opened at $72.68 on Thursday. The business’s fifty day moving average is $71.65 and its 200 day moving average is $73.92. ONEOK has a 12-month low of $64.02 and a 12-month high of $111.02. The company has a quick ratio of 0.75, a current ratio of 0.90 and a debt-to-equity ratio of 1.44. The stock has a market cap of $45.73 billion, a P/E ratio of 13.36, a P/E/G ratio of 4.06 and a beta of 0.94.

ONEOK (NYSE:OKE – Get Free Report) last released its quarterly earnings data on Tuesday, October 28th. The utilities provider reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.01. ONEOK had a net margin of 10.58% and a return on equity of 15.12%. The firm had revenue of $8.63 billion for the quarter, compared to the consensus estimate of $8.23 billion. During the same quarter in the prior year, the company posted $1.18 earnings per share. ONEOK has set its FY 2025 guidance at 4.970-5.770 EPS. Sell-side analysts anticipate that ONEOK will post 5.07 earnings per share for the current fiscal year.

ONEOK Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 14th. Stockholders of record on Monday, November 3rd were paid a $1.03 dividend. The ex-dividend date was Monday, November 3rd. This represents a $4.12 annualized dividend and a dividend yield of 5.7%. ONEOK’s dividend payout ratio is presently 75.74%.

Insider Activity at ONEOK

In other news, Director Brian L. Derksen purchased 2,500 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The shares were bought at an average cost of $66.00 per share, with a total value of $165,000.00. Following the completion of the transaction, the director directly owned 21,200 shares of the company’s stock, valued at approximately $1,399,200. This trade represents a 13.37% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.21% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On ONEOK

A number of institutional investors have recently added to or reduced their stakes in OKE. Bogart Wealth LLC boosted its stake in shares of ONEOK by 3.1% in the 2nd quarter. Bogart Wealth LLC now owns 4,031 shares of the utilities provider’s stock worth $329,000 after buying an additional 122 shares during the last quarter. Empowered Funds LLC lifted its holdings in ONEOK by 0.8% during the first quarter. Empowered Funds LLC now owns 17,957 shares of the utilities provider’s stock worth $1,782,000 after acquiring an additional 137 shares during the period. MJT & Associates Financial Advisory Group Inc. boosted its position in ONEOK by 5.8% in the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 2,540 shares of the utilities provider’s stock worth $207,000 after purchasing an additional 140 shares during the last quarter. Focused Wealth Management Inc boosted its position in ONEOK by 4.3% in the third quarter. Focused Wealth Management Inc now owns 3,441 shares of the utilities provider’s stock worth $251,000 after purchasing an additional 142 shares during the last quarter. Finally, Fidelis Capital Partners LLC grew its stake in ONEOK by 4.2% in the 2nd quarter. Fidelis Capital Partners LLC now owns 3,589 shares of the utilities provider’s stock valued at $270,000 after purchasing an additional 144 shares during the period. 69.13% of the stock is owned by institutional investors.

ONEOK Company Profile

(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.