Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $99.34 in the prior trading day, Oneok Inc (NYSE: OKE) closed at $102.30, up 2.98%. In other words, the price has increased by $2.98 from its previous closing price. On the day, 3.28 million shares were traded. OKE stock price reached its highest trading level at $102.715 during the session, while it also had its lowest trading level at $99.77.
Ratios:
Our goal is to gain a better understanding of OKE by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 87.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.88. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 1.90 whereas as Long-Term Debt/Eq ratio is at 1.83.
On February 10, 2025, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $110.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 19 ’25 when GREGORY D LUSARDI bought 3,750 shares for $99.45 per share.
King Tim T. bought 2,500 shares of OKE for $240,094 on Mar 14 ’25. On Mar 13 ’25, another insider, CEPAK TIFFANY THOM, who serves as the EnLink Board Member, Jan 31, 2 of the company, bought 5,020 shares for $92.97 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OKE now has a Market Capitalization of 63869980672 and an Enterprise Value of 97805434880. As of this moment, Oneok’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.77, and their Forward P/E ratio for the next fiscal year is 16.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.94 while its Price-to-Book (P/B) ratio in mrq is 3.50. Its current Enterprise Value per Revenue stands at 4.508 whereas that against EBITDA is 15.785.
Stock Price History:
The Beta on a monthly basis for OKE is 1.17, which has changed by 0.30036867 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. Over the past 52 weeks, OKE has reached a high of $118.07, while it has fallen to a 52-week low of $76.23. The 50-Day Moving Average of the stock is 3.43%, while the 200-Day Moving Average is calculated to be 8.09%.
Shares Statistics:
The stock has traded on average 3.92M shares per day over the past 3-months and 4037500 shares per day over the last 10 days, according to various share statistics. A total of 624.34M shares are outstanding, with a floating share count of 623.02M. Insiders hold about 0.21% of the company’s shares, while institutions hold 68.57% stake in the company. Shares short for OKE as of 1740700800 were 11344827 with a Short Ratio of 2.90, compared to 1738281600 on 22897604. Therefore, it implies a Short% of Shares Outstanding of 11344827 and a Short% of Float of 2.0499999.
Dividends & Splits
In the trailing 12 months, OKE’s forward annual dividend rate was 4.0, compared to 4.00 this year. Against a Trailing Annual Dividend Yield of 0.040265754The stock’s 5-year Average Dividend Yield is 6.92. The current Payout Ratio is 76.55% for OKE, which recently paid a dividend on 2025-02-03 with an ex-dividend date of 1738540800. Stock splits for the company last occurred on 2014-02-03 when the company split stock in a 11422:10000 ratio.
