ONEOK Inc (OKE) Stock

ONEOK Inc trades at a P/E ratio of 15.19, which is near the market average of approximately 20, suggesting the market views it as fairly valued relative to its earnings. Looking ahead, the forward P/E of 15.85 is higher than the current P/E, indicating analysts expect earnings to decline over the next year. The PEG ratio of 2.13 indicates a premium valuation even accounting for growth.

With a beta of 0.71, ONEOK Inc is less volatile than the overall market. This means when the market moves up or down by 10%, this stock typically moves less than 10% in the same direction. Lower beta stocks are often preferred by conservative investors seeking stability. The price-to-book ratio of 2.41 shows investors value the company above its book value, which often reflects intangible assets or growth prospects.

ONEOK Inc achieves a profit margin of 9.29%, meaning it retains $9.29 from every $100 in revenue after all expenses. This represents a solid margin typical of well-run businesses, showing the company can effectively balance revenue generation with cost control. The operating margin of 13.30% reveals how efficiently the company runs its core business operations before interest and taxes. With ROE at 16.30% and ROA at 5.77%, the company generates strong returns on invested capital.

ONEOK Inc's revenue grew by 52.80% year-over-year, representing robust expansion that significantly outpaces typical market growth rates. This strong top-line performance suggests the company is successfully capturing market share or benefiting from favorable industry trends. Earnings increased by 14.20% year-over-year, reflecting the bottom-line impact of business performance. These growth metrics should be evaluated against OIL & GAS MIDSTREAM industry averages for proper context.

ONEOK Inc offers a dividend yield of 4.82%, paying $4.24 per share annually. This high yield exceeds 4%, significantly outperforming the S&P 500 average of 1.5-2% and most investment-grade bonds. For income-focused investors, this represents an attractive cash flow opportunity, though high yields sometimes signal market concerns about sustainability. To receive the next dividend, shares must be purchased before the ex-dividend date of Aug 3, 2026.

The dividend sustainability can be assessed through the payout ratio - ONEOK Inc pays $4.24 per share in dividends against earnings of $5.69 per share, resulting in a payout ratio of 74.52%. This high payout ratio of 60-90% leaves limited earnings for reinvestment. While currently sustainable, there's less buffer for dividend growth or protection during earnings downturns. The next dividend payment is scheduled for Aug 14, 2026.

ONEOK Inc has a market capitalization of $54.5B, classifying it as a large-cap stock ($10B-$200B). Large-caps are typically industry leaders with established business models, offering a balance of stability and growth potential. They often provide dividend income and are core holdings in institutional portfolios. With 630.37M shares outstanding, the company's ownership is relatively concentrated. As a participant in the OIL & GAS MIDSTREAM industry, it competes with other firms in this sector.

ONEOK Inc's book value per share is $35.49, while the current stock price is $94.98, resulting in a price-to-book (P/B) ratio of 2.68. This reasonable premium to book value suggests the market values the company's earnings power and intangible assets appropriately. Most profitable companies trade between 1-3x book value. As a common stock, this represents equity ownership with voting rights.

23 analysts cover OKE with 39% recommending buy/strong buy ratings. Analyst predictions have mixed reliability - studies show consensus rarely beats market returns consistently. The mixed views reflect uncertainty about the outlook. The consensus target of $96.29 implies 1.4% upside, but targets are often adjusted to follow price moves rather than predict them.

Current analyst recommendations:1 Strong Buy, 8 Buy, 14 Hold, 00The neutral stance suggests uncertainty or fair valuation at current levels.Remember that analyst opinions often lag price movements and can be influenced by investment banking relationships.