- ONEOK (OKE, Financial) maintains its quarterly dividend, providing a forward yield of 4.78%.
- Analysts set an average price target of $110.44, suggesting a potential 28% upside.
- GF Value indicates a slight downside of 4.64% from the current trading price.
ONEOK Inc. (OKE), a key player in the energy sector, recently declared a quarterly dividend of $1.03 per share. This decision holds its previous dividend rate steady and offers investors a promising forward yield of 4.78%. Shareholders on the record by May 5 can expect their dividend on May 15, with the ex-dividend date also set for May 5.
Wall Street Analysts Forecast
Wall Street analysts present an optimistic outlook for ONEOK Inc., setting the average one-year price target at $110.44. This projection comes with a high estimate of $147.00 and a low of $96.00. From the current share price of $86.28, the average target suggests a substantial upside of 28.00%. For more in-depth data, visit the ONEOK Inc (OKE, Financial) Forecast page.
The consensus recommendation from 20 brokerage firms rates ONEOK Inc. at 2.1, aligning with an "Outperform" rating. The brokerage rating scale, spanning from 1 to 5, indicates 1 as a Strong Buy and 5 as a Sell.
Analyzing GF Value
According to GuruFocus metrics, the estimated GF Value of ONEOK Inc. in the coming year is projected at $82.28, indicating a potential downside of 4.64% from its current price of $86.28. The GF Value is a strategic estimate, deduced from historical trading multiples, past business growth, and anticipated future performance. More comprehensive information is accessible on the ONEOK Inc (OKE, Financial) Summary page.
