ONEOK (OKE) Receives Media Impact Score of 0.13
Press coverage about ONEOK (NYSE:OKE) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. ONEOK earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave headlines about the utilities provider an impact score of 46.3429494816549 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
ONEOK (OKE) traded down $0.19 during trading hours on Tuesday, reaching $52.21. The company’s stock had a trading volume of 2,336,600 shares, compared to its average volume of 3,291,912. ONEOK has a 52 week low of $46.82 and a 52 week high of $59.47. The company has a current ratio of 0.55, a quick ratio of 0.41 and a debt-to-equity ratio of 1.47. The stock has a market cap of $20,092.08, a price-to-earnings ratio of 32.75, a P/E/G ratio of 3.79 and a beta of 1.29.
ONEOK (NYSE:OKE) last posted its quarterly earnings data on Tuesday, October 31st. The utilities provider reported $0.43 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.49 by ($0.06). ONEOK had a return on equity of 9.25% and a net margin of 3.76%. The firm had revenue of $2.91 billion for the quarter, compared to analysts’ expectations of $2.80 billion. During the same quarter last year, the firm posted $0.43 earnings per share. analysts anticipate that ONEOK will post 1.73 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 14th. Shareholders of record on Monday, November 6th will be paid a dividend of $0.745 per share. The ex-dividend date of this dividend is Friday, November 3rd. This represents a $2.98 annualized dividend and a yield of 5.71%. ONEOK’s dividend payout ratio (DPR) is currently 186.25%.
A number of research firms have weighed in on OKE. BidaskClub lowered ONEOK from a “hold” rating to a “sell” rating in a research note on Thursday, August 17th. Zacks Investment Research lowered ONEOK from a “buy” rating to a “sell” rating in a research note on Tuesday, October 31st. Stifel Nicolaus restated a “hold” rating and issued a $55.00 price target on shares of ONEOK in a research note on Friday, November 3rd. UBS AG lifted their price target on ONEOK from $60.00 to $61.00 and gave the company a “buy” rating in a research note on Wednesday, November 1st. Finally, Credit Suisse Group cut their price target on ONEOK from $64.00 to $61.00 and set an “outperform” rating for the company in a research note on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the stock. ONEOK presently has a consensus rating of “Hold” and a consensus price target of $59.07.
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ONEOK, Inc is an energy midstream service provider in the United States. The Company owns and operates natural gas liquids (NGL) systems, and is engaged in the gathering, processing, storage and transportation of natural gas. THe Company’s operations include a 38,000-mile integrated network of NGL and natural gas pipelines, processing plants, fractionators and storage facilities in the Mid-Continent, Williston, Permian and Rocky Mountain regions.
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