Oneok Inc (NYSE: OKE) is -19.46% 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 $92.70 in the last trading session, with the day’s loss setting it -11.84%.
Currently trading at $80.86, the stock is -16.60% and -16.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.05 million and changing -12.77% at the moment leaves the stock -15.29% off its SMA200. OKE registered 0.89% gain for a year compared to 6-month loss of -13.43%. The firm has a 50-day simple moving average (SMA 50) of $97.2282 and a 200-day simple moving average (SMA200) of $95.4521.
The stock witnessed a -9.90% gain in the last 1 month and extending the period to 3 months gives it a -20.55%, and is -17.89% down 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 4.59% over the week and 3.09% over the month.
Oneok Inc (OKE) has around 5177 employees, a market worth around $50.51B and $21.70B in sales. Current P/E ratio is 15.63 and Fwd P/E is 12.76. Profit margin for the company is 13.98%. Distance from 52-week low is 6.07% and -31.52% from its 52-week high. The company has generated returns on investments over the last 12 months (6.29%).
with sales reaching $7.71B over the same period.The EPS is expected to grow by 7.52% this year, but quarterly earnings will post 29.25% year-over-year. Quarterly sales are estimated to grow 61.30% in year-over-year returns.
Oneok Inc (OKE) Top Institutional Holders
2002.0 institutions hold shares in Oneok Inc (OKE), with institutional investors hold 69.41% of the company’s shares. The shares outstanding are 624.34M, and float is at 623.02M with Short Float at 1.57%. Institutions hold 69.28% 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 8.7004 of the shares outstanding. The other top investors are STATE STREET CORP which holds 39.42 million shares representing 6.7425% 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 14 ’25, King Tim T. (Officer) Proposed Sale 2,500 shares at an average price of $96.04 for $0.24 million. The insider now directly holds shares of Oneok Inc (OKE).
