ONEOK Inc. has received an recommendation that is average of Hold from the twenty-four brokerages that are since the firm, MarketBeat reports. Three analysts have rated the stock by having a recommendation that is sell fourteen have given a hold recommendation and six have issued a buy recommendation on the company. The average cost that is twelve-month among brokers which have updated their security regarding the stock in the past 12 months is $38.79.
Several brokerages have recently commented on OKE. Argus lowered ONEOK from the “buy” rating to a “hold” rating in a study note on, August 3rd monday. JPMorgan Chase & Co. lowered ONEOK from an “overweight” rating to a “neutral” rating and set a $37.00 price target on the stock. Friday in a research note on, May 22nd. Citigroup lowered ONEOK from a “buy” rating to a “neutral” rating and decreased their expense target for the company from $80.00 to $36.00 in a research note on, 3rd wednesday june. ValuEngine lowered ONEOK from a “hold” rating up to a “sell” rating in a study note on, August 3rd monday. Finally, UBS Group boosted their price goal on ONEOK from $34.00 to $35.00 and gave the company a “neutral” rating in a study on, June thursday that is 4th.
Friday OKE stock traded down $0.15 during midday trading on, hitting $26.76. The company’s stock possessed a trading quantity of 3,424,920 shares, contrasted to its volume that is typical of. The company features a 50 time moving average of $28.50 and on a daily basis that is two-hundred average of $34.88. A market is had by the firm capitalization of $11.89 billion, a price-to-earnings ratio of 17.96, a price-to-earnings-growth ratio of 1.87 and a beta of 2.06. The company has a ratio that is fast of, a ratio that is current of and a debt-to-equity ratio of 2.30. ONEOK includes a 12 low of $12.16 and a 12 high of $78.48 month.
ONEOK (NYSE:OKE) last released its earnings which are quarterly on July 28th tuesday. The utilities provider reported $0.32 earnings per share for the quarter, lacking the Zacks’ opinion estimate of $0.51 by ($0.19). ONEOK had a return on equity of 18.28% and a margin that is net ofper cent. The company had income of $1.66 billion for the quarter, compared to analyst estimates of $2.32 billion. The firm posted $0.75 EPS during the exact period that is same year ago. Business’s quarterly revenue ended up being down 32.4% on a basis that is year-over-year. An average of, analysts anticipate that ONEOK will publish 2.39 earnings per share for the present year that is fiscal.
The company also recently disclosed a dividend that is quarterly that was paid on August 14th friday. Stockholders of record on, 3rd were issued a $0.935 dividend monday august. The ex-dividend date had been Friday, July 31st. This represents a $3.74 dividend for an annualized basis and a dividend yield of 13.98%. ONEOK’s payout ratio is currently 121.82%. ONEOK Inc. has received an recommendation that is average of Hold.
a few investors that are institutional hedge funds have recently added to or paid off their stakes in the business. Principal Financial Group Inc. increased its holdings in stocks of ONEOK by 3.5% in the quarter that is 2nd. Principal Financial Group Inc. now has 647,867 shares of the utilities provider’s stock respected at $21,522,000 after acquiring an extra 21,925 stocks during the quarter that is last. Capital Advisors Inc. OK increased its holdings in shares of ONEOK by 9.4percent in the quarter that is 2nd. Capital Advisors Inc. okay now owns 55,796 shares of the utilities provider’s stock valued at $1,624,000 after acquiring an additional 4,780 stocks during the quarter that is last. Bridgeway Capital Management Inc. bought a place that is brand new shares of ONEOK in the second quarter valued at about $18,577,000. Quadrature Capital Ltd purchased a position that is unique shares of ONEOK in the 2nd quarter respected at about $1,090,000. Finally, Arvest Bank Trust Division increased its holdings in shares of ONEOK by 3.7per cent in the quarter that is 2nd. Arvest Bank Trust Division now owns 17,878 shares of the resources provider’s stock valued at $594,000 after acquiring an extra 640 stocks through the quarter that is final. Institutional investors and hedge funds own 66.65% for the company’s stock.