OGE Energy (OGE) Projected to Post Earnings on Wednesday

OGE Energy (NYSE:OGE - Get Free Report) is projected to announce its Q1 2025 earnings results before the market opens on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.19 per share and revenue of $695.59 million for the quarter.

OGE Energy Price Performance

OGE traded up $0.43 during trading on Monday, hitting $45.28. The company's stock had a trading volume of 122,605 shares, compared to its average volume of 1,145,305. The firm has a market capitalization of $9.12 billion, a price-to-earnings ratio of 20.59, a P/E/G ratio of 3.30 and a beta of 0.57. OGE Energy has a twelve month low of $33.98 and a twelve month high of $46.91. The business's fifty day simple moving average is $44.70 and its 200 day simple moving average is $42.93. The company has a current ratio of 0.73, a quick ratio of 0.51 and a debt-to-equity ratio of 1.08.

OGE Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Monday, April 7th were issued a $0.4213 dividend. This represents a $1.69 annualized dividend and a yield of 3.72%. The ex-dividend date of this dividend was Monday, April 7th. OGE Energy's payout ratio is 76.36%.

Analysts Set New Price Targets

OGE has been the subject of a number of analyst reports. Argus upgraded OGE Energy from a "hold" rating to a "buy" rating and set a $47.00 price target for the company in a research report on Friday, April 11th. LADENBURG THALM/SH SH upgraded shares of OGE Energy to a "hold" rating in a report on Tuesday, April 22nd. Barclays boosted their price target on shares of OGE Energy from $44.00 to $45.00 and gave the company an "equal weight" rating in a research report on Tuesday, April 22nd. Finally, Evercore ISI upgraded shares of OGE Energy from an "in-line" rating to an "outperform" rating and increased their target price for the stock from $40.00 to $47.00 in a research note on Tuesday, January 21st. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $46.25.

OGE Energy Company Profile

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.