Oneok Inc (NYSE: OKE) is -3.95% lower on its value in year-to-date trading and has touched a low of $76.23 and a high of $118.07 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OKE stock was last observed hovering at around $93.50 in the last trading session, with the day’s gains setting it 2.93%.
Currently trading at $96.43, the stock is 1.09% and -2.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.81 million and changing 3.13% at the moment leaves the stock 2.53% off its SMA200. OKE registered 24.19% gain for a year compared to 6-month gain of 6.86%. The firm has a 50-day simple moving average (SMA 50) of $99.1526 and a 200-day simple moving average (SMA200) of $94.05385.
The stock witnessed a -1.22% loss in the last 1 month and extending the period to 3 months gives it a -7.58%, and is 7.66% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.92% over the week and 3.08% over the month.
Oneok Inc (OKE) has around 5177 employees, a market worth around $60.21B and $21.70B in sales. Current P/E ratio is 18.63 and Fwd P/E is 15.19. Profit margin for the company is 13.98%. Distance from 52-week low is 26.50% and -18.33% from its 52-week high. The company has generated returns on investments over the last 12 months (6.29%).
with sales reaching $8.23B over the same period.The EPS is expected to grow by 8.62% this year, but quarterly earnings will post 21.30% year-over-year. Quarterly sales are estimated to grow 72.23% in year-over-year returns.
Oneok Inc (OKE) Top Institutional Holders
2016.0 institutions hold shares in Oneok Inc (OKE), with institutional investors hold 69.45% of the company’s shares. The shares outstanding are 624.34M, and float is at 623.02M with Short Float at 1.82%. Institutions hold 69.31% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 69.31 million shares valued at $5.65 billion. The investor’s holdings represent 11.8633% of the OKE Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 50.86 million shares valued at $4.15 billion to account for 8.7063 of the shares outstanding. The other top investors are STATE STREET CORP which holds 39.42 million shares representing 6.7471% and valued at over $3.21 billion, while CHARLES SCHWAB INVESTMENT MANAGEMENT INC holds 2.879 of the shares totaling 16.82 million with a market value of $1.37 billion.
Oneok Inc (OKE) Insider Activity
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Still, SEC filings show that on Mar 05 ’25, Blalack James W. (Officer) Proposed Sale 2,627 shares at an average price of $90.73 for $0.24 million. The insider now directly holds shares of Oneok Inc (OKE).
