OGE Energy/OGE

$34.05

2.71%
-
1D1W1MYTD1YMAX

About OGE Energy

OGE Energy Corp. is a holding company whose primary investment provides electricity in Oklahoma and western Arkansas. The Company reports its operations primarily through a single segment, the electric company. Its electric company operations are conducted through its wholly owned subsidiary, Oklahoma Gas and Electric Company (OG&E), which generates, transmits, distributes, and sells electric energy in Oklahoma and western Arkansas. OG&E provides retail electric service to approximately 896,000 customers in Oklahoma and western Arkansas throughout a service area that covers 30,000 square miles including Oklahoma City, Fort Smith, Arkansas, and other large communities with their contiguous rural and suburban areas. The Company’s other operations primarily include the operations of the holding company and other energy-related investments.

Ticker

OGE

Sector

Utilities

Trading on

NYSE

Industry

Electric Utilities

CEO

Sean Trauschke

Employees

2,329

OGE Energy Metrics

BasicAdvanced
$6.65B
Market cap
15.98
P/E ratio
$2.07
EPS
0.72
Beta
$1.66
Dividend rate
5.05%
Dividend yield
$6.65B
0.71537
$38.04
$31.25
1.54M
$1.66
0.654
0.304
96.208
107.272
80.13%
2.94%
3.29%
9.34%
3.73%
15.981
2.486
1.472
1.474
4.21%
5.01%
5.05%
-20.78%
-37.44%
8.01%
1.99%

What the Analysts think about OGE Energy

Analyst Ratings

Majority rating from 9 analysts.
Hold

Price Targets

Average projection from 7 analysts.
1.53% upside
High $37.00
Low $32.00
$34.05
Current price
$34.57
Average price target

OGE Energy Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
8.5% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$566.7M
-40.06%
Net income
$48.2M
-80.07%
Profit margin
8.5%
-66.77%

OGE Energy Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 18.81%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.19
$0.44
$1.20
$0.24
-
Expected
$0.17
$0.45
$1.16
$0.20
$0.02
Surprise
15.15%
-1.79%
3.15%
18.81%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for OGE Energy stock?

OGE Energy (OGE) has a market cap of $6.65B as of April 20, 2024.

What is the P/E ratio for OGE Energy stock?

The price to earnings (P/E) ratio for OGE Energy (OGE) stock is 15.98 as of April 20, 2024.

Does OGE Energy stock pay dividends?

Yes, the OGE Energy (OGE) stock pays dividends to shareholders. As of April 20, 2024, the dividend rate is $1.6605 and the yield is 5.05%. OGE Energy has a payout ratio of 80.13% on a trailing twelve-month basis.

When is the next OGE Energy dividend payment date?

The next OGE Energy (OGE) dividend payment is scheduled for April 26, 2024.

What is the beta indicator for OGE Energy?

OGE Energy (OGE) has a beta rating of 0.72. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the OGE Energy stock price target?

The target price for OGE Energy (OGE) stock is $34.57, which is 1.53% above the current price of $34.05. This is an average based on projections from 7 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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