Oneok Inc. stock has reached a 52-week high, hitting $95.31. The stock delivered a 38.5% return over the past six months and a 30.9% gain year-to-date. Over the past year, it gained 16.75%.
According to Bond.az analysis, OKE appears undervalued and has paid dividends for 56 consecutive years, currently yielding 4.56%. In other news, ONEOK reported Q1 earnings: EPS $1.23 (missed $1.31 estimate) and revenue $8.5B (missed $8.56B estimate), but raised full-year guidance.
Goldman Sachs raised its price target to $88, Jefferies maintained Buy with $100 target, and Stifel set $99 target.
