NYSE:OGE

OGE Energy (OGE) Stock Price, News & Analysis

$35.18
+0.16 (+0.46%)
(As of 05/3/2024 ET)
Today's Range
$34.80
$35.35
50-Day Range
$32.49
$35.18
52-Week Range
$31.25
$38.04
Volume
1.52 million shs
Average Volume
1.61 million shs
Market Capitalization
$7.06 billion
P/E Ratio
17.86
Dividend Yield
4.75%
Price Target
$33.40

OGE Energy MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
5.1% Downside
$33.40 Price Target
Short Interest
Healthy
2.40% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-5.64
Upright™ Environmental Score
News Sentiment
0.37mentions of OGE Energy in the last 14 days
Based on 29 Articles This Week
Insider Trading
Selling Shares
$142,023 Sold Last Quarter
Proj. Earnings Growth
5.63%
From $2.13 to $2.25 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.82 out of 5 stars

Utilities Sector

211th out of 552 stocks

Electric Services Industry

103rd out of 246 stocks

OGE stock logo

About OGE Energy Stock (NYSE:OGE)

OGE Energy Corp., together with its subsidiaries, operates as an energy services provider in the United States. The company generates, transmits, distributes, and sells electric energy. In addition, it provides retail electric service to approximately 896,000 customers, which covers a service area of approximately 30,000 square miles in Oklahoma and western Arkansas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. OGE Energy Corp. was founded in 1902 and is headquartered in Oklahoma City, Oklahoma.

OGE Stock Price History

OGE Stock News Headlines

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If you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)
Q1 2024 OGE Energy Corp Earnings Call
Forget AI, Imperium Is Expected to Grow 320,00% in 3 Years
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The 20 Best-Selling Colognes for Men
OGE Energy Q1 2024 Earnings Preview
OGE Energy (NYSE:OGE) Upgraded to Hold by StockNews.com
OGE Energy (OGE) to Release Quarterly Earnings on Wednesday
See More Headlines
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Company Calendar

Ex-Dividend for 4/26 Dividend
4/05/2024
Dividend Payable
4/26/2024
Last Earnings
5/01/2024
Today
5/03/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
Electric Utilities
CUSIP
67083710
Employees
2,329
Year Founded
1902

Price Target and Rating

Average Stock Price Target
$33.40
High Stock Price Target
$35.00
Low Stock Price Target
$32.00
Potential Upside/Downside
-5.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$416.80 million
Pretax Margin
16.51%

Debt

Sales & Book Value

Annual Sales
$2.67 billion
Cash Flow
$4.63 per share
Book Value
$22.53 per share

Miscellaneous

Free Float
199,484,000
Market Cap
$7.06 billion
Optionable
Optionable
Beta
0.72

Social Links

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Key Executives

  • Mr. Robert Sean Trauschke (Age 57)
    Chairman, President & CEO
    Comp: $2.8M
  • Mr. W. Bryan Buckler (Age 51)
    Chief Financial Officer
    Comp: $1.07M
  • Mr. William H. Sultemeier (Age 56)
    General Counsel, Corporate Secretary & Chief Compliance Officer
    Comp: $957.14k
  • Ms. Cristina Fernandez McQuistion (Age 59)
    Vice President of Corporate Responsibility & Stewardship
    Comp: $587.47k
  • Mr. Donnie O. Jones (Age 57)
    Vice President of Utility Operations of OG&E
    Comp: $828.71k
  • Ms. Sarah R. Stafford (Age 41)
    Chief Accounting Officer & Controller
  • Ms. Christine Ostendorf Woodworth (Age 52)
    Vice President of Marketing & Communications
  • Mr. Charles B. Walworth (Age 49)
    Treasurer
  • Mr. Todd Tidwell
    Director of Investor Relations
  • Mr. Jason Bailey
    Director of Investor Relations

OGE Stock Analysis - Frequently Asked Questions

Should I buy or sell OGE Energy stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for OGE Energy in the last twelve months. There are currently 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" OGE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OGE, but not buy additional shares or sell existing shares.
View OGE analyst ratings
or view top-rated stocks.

What is OGE Energy's stock price target for 2024?

4 analysts have issued 1-year price objectives for OGE Energy's shares. Their OGE share price targets range from $32.00 to $35.00. On average, they predict the company's stock price to reach $33.40 in the next year. This suggests that the stock has a possible downside of 5.1%.
View analysts price targets for OGE
or view top-rated stocks among Wall Street analysts.

How have OGE shares performed in 2024?

OGE Energy's stock was trading at $34.93 at the beginning of 2024. Since then, OGE shares have increased by 0.7% and is now trading at $35.18.
View the best growth stocks for 2024 here
.

Are investors shorting OGE Energy?

OGE Energy saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 4,780,000 shares, a drop of 17.7% from the March 31st total of 5,810,000 shares. Based on an average daily trading volume, of 1,570,000 shares, the days-to-cover ratio is presently 3.0 days. Currently, 2.4% of the company's stock are short sold.
View OGE Energy's Short Interest
.

When is OGE Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our OGE earnings forecast
.

How were OGE Energy's earnings last quarter?

OGE Energy Corp. (NYSE:OGE) posted its quarterly earnings results on Wednesday, May, 1st. The utilities provider reported $0.09 EPS for the quarter, missing the consensus estimate of $0.35 by $0.26. The utilities provider had revenue of $596.80 million for the quarter, compared to analyst estimates of $607.37 million. OGE Energy had a trailing twelve-month return on equity of 8.87% and a net margin of 14.63%. OGE Energy's revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.19 earnings per share.

How often does OGE Energy pay dividends? What is the dividend yield for OGE Energy?

OGE Energy announced a quarterly dividend on Monday, February 19th. Investors of record on Monday, April 8th will be given a dividend of $0.418 per share on Friday, April 26th. This represents a $1.67 dividend on an annualized basis and a dividend yield of 4.75%. The ex-dividend date is Friday, April 5th.
Read our dividend analysis for OGE
.

Is OGE Energy a good dividend stock?

OGE Energy (NYSE:OGE) pays an annual dividend of $1.67 per share and currently has a dividend yield of 4.77%. OGE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 84.77%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, OGE will have a dividend payout ratio of 74.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OGE.

What guidance has OGE Energy issued on next quarter's earnings?

OGE Energy issued an update on its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of 2.060-2.180 for the period, compared to the consensus estimate of 2.130. The company issued revenue guidance of -.

What is Sean Trauschke's approval rating as OGE Energy's CEO?

30 employees have rated OGE Energy Chief Executive Officer Sean Trauschke on Glassdoor.com. Sean Trauschke has an approval rating of 74% among the company's employees.

What other stocks do shareholders of OGE Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other OGE Energy investors own include AT&T (T), Pfizer (PFE), ONEOK (OKE), Exxon Mobil (XOM), Energy Transfer (ET), Intel (INTC), Altria Group (MO), Cisco Systems (CSCO), Dominion Energy (D) and Marathon Petroleum (MPC).

Who are OGE Energy's major shareholders?

OGE Energy's stock is owned by many different retail and institutional investors. Top institutional shareholders include Miller Howard Investments Inc. NY (0.45%), Principal Financial Group Inc. (0.38%), Retirement Systems of Alabama (0.25%), New York State Teachers Retirement System (0.14%), Raymond James & Associates (0.09%) and Commonwealth Equity Services LLC (0.07%). Insiders that own company stock include Cathy R Gates, Cristina F Mcquistion, David A Parker, David E Rainbolt, David L Hauser, Patricia D Horn and Scott A Briggs.
View institutional ownership trends
.

How do I buy shares of OGE Energy?

Shares of OGE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:OGE) was last updated on 5/4/2024 by MarketBeat.com Staff

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