Q1 Earnings Forecast for ONEOK Issued By US Capital Advisors

ONEOK, Inc. (NYSE:OKE) – US Capital Advisors lowered their Q1 2026 earnings per share estimates for ONEOK in a research note issued on Monday, March 23rd. US Capital Advisors analyst J. Carreker now expects that the utilities provider will post earnings per share of $1.32 for the quarter, down from their prior estimate of $1.44. The consensus estimate for ONEOK’s current full-year earnings is $5.07 per share. US Capital Advisors also issued estimates for ONEOK’s Q2 2026 earnings at $1.38 EPS, Q3 2026 earnings at $1.42 EPS, Q4 2026 earnings at $1.50 EPS, FY2026 earnings at $5.63 EPS, Q1 2027 earnings at $1.42 EPS, Q2 2027 earnings at $1.46 EPS, Q3 2027 earnings at $1.52 EPS, Q4 2027 earnings at $1.61 EPS, FY2027 earnings at $6.01 EPS and FY2028 earnings at $6.80 EPS.

ONEOK (NYSE:OKE) last announced its quarterly earnings data on Monday, February 23rd. The utilities provider reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.05. ONEOK had a return on equity of 15.29% and a net margin of 10.09%.The firm had revenue of $9.07 billion for the quarter, compared to analysts’ expectations of $8.77 billion. During the same quarter in the prior year, the firm posted $1.57 earnings per share. ONEOK has set its FY 2026 guidance at 5.040-5.870 EPS.

A number of other analysts have also recently weighed in on the company. Mizuho set a $89.00 price target on ONEOK in a research report on Monday, February 23rd. UBS Group reduced their price target on shares of ONEOK from $114.00 to $103.00 and set a “buy” rating for the company in a research note on Thursday, January 22nd. Royal Bank Of Canada raised their target price on ONEOK from $79.00 to $84.00 and gave the company a “sector perform” rating in a research note on Thursday, March 19th. Barclays lifted their price target on shares of ONEOK from $76.00 to $82.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 5th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of ONEOK in a report on Monday, December 29th. Eight investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $87.53.

ONEOK Stock Up 0.8%

Shares of NYSE:OKE opened at $89.90 on Tuesday. The stock has a market capitalization of $56.62 billion, a price-to-earnings ratio of 16.59, a price-to-earnings-growth ratio of 6.79 and a beta of 0.93. ONEOK has a 1-year low of $64.02 and a 1-year high of $103.64. The company’s fifty day moving average is $82.44 and its two-hundred day moving average is $75.29. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.56 and a current ratio of 0.71.

Institutional Investors Weigh In On ONEOK

Hedge funds and other institutional investors have recently made changes to their positions in the business. Zions Bancorporation National Association UT grew its holdings in ONEOK by 73.3% in the 4th quarter. Zions Bancorporation National Association UT now owns 338 shares of the utilities provider’s stock valued at $25,000 after buying an additional 143 shares during the last quarter. Winnow Wealth LLC bought a new stake in ONEOK in the 3rd quarter valued at $28,000. City Holding Co. acquired a new position in ONEOK in the third quarter worth about $28,000. Elyxium Wealth LLC bought a new position in shares of ONEOK during the 4th quarter worth approximately $29,000. Finally, Global Wealth Strategies & Associates bought a new position in shares of ONEOK during the third quarter valued at $29,000. 69.13% of the stock is owned by institutional investors and hedge funds.

ONEOK Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Monday, February 2nd were issued a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a yield of 4.8%. This is a boost from ONEOK’s previous quarterly dividend of $1.03. The ex-dividend date was Monday, February 2nd. ONEOK’s dividend payout ratio is 78.97%.

Trending Headlines about ONEOK

Here are the key news stories impacting ONEOK this week:

• Positive Sentiment: Jefferies upgraded ONEOK, a move that often boosts investor confidence and buying interest for pipeline/utilities names. Article Title
• Positive Sentiment: ONEOK earned membership in a “95-plus composite rating club” (strong composite score), a positive third‑party signal on quality/consistency that can attract yield‑seeking and quality‑focused investors. Article Title
• Neutral Sentiment: US Capital Advisors published a multi‑year forecast that shows long‑run upside (FY2028 EPS projected at $6.80), indicating they still see growth farther out even as near‑term trims were made.
• Negative Sentiment: US Capital Advisors cut multiple near‑term estimates (Q1 2026 to $1.32 from $1.44; Q2 2026 to $1.38 from $1.45; Q3 2026 to $1.42 from $1.49; Q4 2026 to $1.50 from $1.58) and reduced FY2026 (to $5.63 from $5.96) and FY2027 (to $6.01 from $6.34). Those downward revisions create headline risk and may weigh on sentiment for the remainder of the year.

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.