ONEOK Partners, L.P. Common Sto (NYSE:OKS):
ONEOK Partners Declares Quarterly Distribution.
The company is so far trading down by -1.39 percent from yesterday’s close.
ONEOK Partners, L.P. Common Sto also declared a dividend payable on Monday November 14th, 2016. The dividend will be $0.790 per share for the quarter or $3.16 annualized. The dividend yield will be $7.72. The ex-dividend date will be Thursday the 27th of October 2016.
Company chares are trading at $39.67 which is a tad above the 50 day moving average which is $39.56 and a tad higher than the 200 day moving average of $38.99. The 50 day moving average was up by +0.28% whereas the 200 day moving average was up $0.68 or +1.74%.
ONEOK Partners, L.P. Common Sto’s P/E ratio is 33.73 and the market value is 11.34B. As of the last earnings report the EPS was $1.18 and is estimated to be $2.29 for the current year with 285,826,000 shares now outstanding. Analysts expect next quarter’s EPS to be $0.64 and the next full year EPS is projected to be $2.52.
Several ratings firms have issued ratings on the company. On October 13 the company was rated “Neutral” in a report from Piper Jaffray a cut from the previous “” rating. On October 10, 2016 the stock rating was changed to a “Hold” by Deutsche Bank which is up from the previous “Sell” rating.
On October 10, 2016 the stock rating was set at “Hold” according to a report which was a boost from the previous “” rating. On October 4 the company was downgraded to “Equal-weight” from “” and a price target of $45.00 was set by analysts at Morgan Stanley.
On September 13 the stock rating was upgraded from “” to “Buy” in a report issued by Stifel Nicolaus. On September 6 the stock rating was upgraded to “Neutral” from “Neutral” with a current price target of $40.00 in an announcement from JP Morgan.