Watch ONEOK, Inc. (OKE) Thoroughly If Stock Pulls Back

RODRIGUEZ EDUARDO A, Director, subtracted 1,500 shares of ONEOK, Inc. (OKE) from its portfolio at the rate of $66.75 per share valuing $100,130 on Mar 15. The insider left behind 15,536 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of ONEOK, Inc. (OKE) was $69.64. Currently, the 1st Resistance Point for this stock is $70.04, with a 2nd Resistance Point sitting at $70.44. Meanwhile, this company’s stock has a 1st Support Level at $69.01 and a 2nd Support Level at $68.38. ONEOK, Inc. (OKE) stock has gained $1.54, or 2.26%, in the past five days. In the last full month, these shares have lost -$1.66, or -2.33%. In the past three months, this stock’s price has risen by $3.15, or 4.74%. This year-to-date, ONEOK, Inc. (OKE) shares have gained $15.69, or 29.08%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For ONEOK, Inc. (OKE) stock, 100% of short-term indicators suggest that these shares are a “ Hold .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Buy .”

With 412,968 K shares outstanding, this company currently has a market capitalization of $28,606,292K. ONEOK, Inc. (OKE) generates $12,593 M in annual sales, amounting to annual net income of $1,152 M. This stock has generated a 1-Year Total Return of 2.35%, a 3-Year Total Return of 40.09%, and a 5-year Total Return of 3.17%. This stock’s 5-Year Dividend Growth is 122.60%, with its most recent dividend valued at $0.890 per share on 08/05/19. Its Annual Dividend Yield is 5.14%, and its Annual Dividend Rate is 3.56.

In the most recently-reported fiscal quarter, which ended in Mar-19, ONEOK, Inc. (OKE) reported earnings of $0.81 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.73 per share, representing a 0.08 difference and 10.96% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.70 represented a -0.03 difference from the consensus estimate calling for $0.73 per share, which was a 3.86% surprise.

For the current fiscal quarter, which is set to end in 09/2019, the average earnings estimate is $0.75 per share. This estimate came from a total of 11 Wall Street Analysts. Of those market experts, the high estimate was $0.83 and the low estimate was $0.69. In the year-ago quarter, ONEOK, Inc. (OKE) generated per-share earnings of $0.75.

Turning our focus now to insider trading activity, there have been 9 purchases (14,139 shares in total) and 0 sale (0 shares in total) in the last 3 months. In the last 6 months, there have been 31 insider buys amounting to 795,708 shares and 22 insider sales amounting to 349,094 shares. In the past full year, 31 insider purchases were made (involving 795,708 shares) and 24 insider sell-offs equivalent to 425,744 shares.

Moving onto liquidity, ONEOK, Inc. (OKE) has a Current Ratio of 0.66, a Quick Ratio of 0.46 and a Cash Ratio of 0.01. Looking at this company’s capital structure, its Total Debt to Total Equity is 142.58, its Total Debt to Total Capital is 58.78, and its Total Debt to Total Assets is now 51.45. Looking even further ahead into the future, its Long-Term Debt to Equity is 134.86 and its Long-Term Debt to Total Capital is 55.60.