OGE Energy (NYSE:OGE) Releases FY 2025 Earnings Guidance

OGE Energy (NYSE:OGE - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 2.210-2.330 for the period, compared to the consensus EPS estimate of 2.280. The company issued revenue guidance of -.

OGE Energy Trading Up 0.8 %

Shares of OGE traded up $0.37 during trading hours on Friday, hitting $45.16. 810,565 shares of the stock traded hands, compared to its average volume of 1,137,098. The business has a fifty day moving average of $44.75 and a 200-day moving average of $43.06. The company has a current ratio of 0.73, a quick ratio of 0.51 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $9.09 billion, a PE ratio of 20.53, a price-to-earnings-growth ratio of 3.30 and a beta of 0.57. OGE Energy has a 1-year low of $34.20 and a 1-year high of $46.91.

OGE Energy (NYSE:OGE - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The utilities provider reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.22 by $0.09. OGE Energy had a net margin of 14.79% and a return on equity of 9.71%. The business had revenue of $747.70 million during the quarter, compared to the consensus estimate of $695.59 million. During the same period in the previous year, the firm posted $0.09 earnings per share. OGE Energy's revenue for the quarter was up 25.3% compared to the same quarter last year. Analysts expect that OGE Energy will post 2.27 EPS for the current year.

OGE Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 25th. Shareholders of record on Monday, April 7th were paid a $0.4213 dividend. This represents a $1.69 annualized dividend and a yield of 3.73%. The ex-dividend date was Monday, April 7th. OGE Energy's payout ratio is 76.36%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Argus raised shares of OGE Energy from a "hold" rating to a "buy" rating and set a $47.00 price objective on the stock in a research note on Friday, April 11th. Evercore ISI upgraded shares of OGE Energy from an "in-line" rating to an "outperform" rating and upped their price objective for the company from $40.00 to $47.00 in a research report on Tuesday, January 21st. Wells Fargo & Company boosted their target price on OGE Energy from $46.00 to $47.00 and gave the company an "equal weight" rating in a research note on Thursday. Barclays increased their price target on OGE Energy from $44.00 to $45.00 and gave the stock an "equal weight" rating in a report on Tuesday, April 22nd. Finally, LADENBURG THALM/SH SH raised OGE Energy to a "hold" rating in a research note on Tuesday, April 22nd. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $46.40.

About OGE Energy

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.