OGE Energy (OGE) to Release Earnings on Wednesday

OGE Energy (NYSE:OGE - Get Free Report) will likely be issuing its Q2 2025 quarterly earnings data before the market opens on Wednesday, July 30th. Analysts expect OGE Energy to post earnings of $0.58 per share and revenue of $719.97 million for the quarter. OGE Energy has set its FY 2025 guidance at 2.210-2.330 EPS.

OGE Energy (NYSE:OGE - Get Free Report) last released its earnings results on Wednesday, April 30th. The utilities provider reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.22 by $0.09. The company had revenue of $747.70 million for the quarter, compared to analyst estimates of $695.59 million. OGE Energy had a net margin of 15.48% and a return on equity of 10.58%. The firm's quarterly revenue was up 25.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.09 EPS. On average, analysts expect OGE Energy to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

OGE Energy Trading Down 0.1%

Shares of OGE stock traded down $0.02 during trading hours on Friday, hitting $44.90. 1,086,757 shares of the company were exchanged, compared to its average volume of 1,144,356. The firm has a market cap of $9.04 billion, a PE ratio of 18.55, a PEG ratio of 3.13 and a beta of 0.59. OGE Energy has a 1 year low of $38.01 and a 1 year high of $46.91. The company has a quick ratio of 0.47, a current ratio of 0.73 and a debt-to-equity ratio of 1.11. The firm has a fifty day moving average of $44.29 and a 200 day moving average of $44.07.

OGE Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 25th. Shareholders of record on Monday, July 7th were given a $0.4213 dividend. This represents a $1.69 annualized dividend and a yield of 3.75%. The ex-dividend date was Monday, July 7th. OGE Energy's dividend payout ratio (DPR) is 69.42%.

Insider Buying and Selling at OGE Energy

In other news, VP Donnie O. Jones sold 11,351 shares of the company's stock in a transaction on Wednesday, May 28th. The stock was sold at an average price of $44.06, for a total transaction of $500,125.06. Following the transaction, the vice president owned 43,932 shares of the company's stock, valued at $1,935,643.92. This represents a 20.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider William H. Sultemeier sold 6,650 shares of the company's stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $45.54, for a total value of $302,841.00. Following the completion of the sale, the insider owned 72,548 shares of the company's stock, valued at $3,303,835.92. This represents a 8.40% decrease in their position. The disclosure for this sale can be found here. 0.55% of the stock is owned by insiders.

Institutional Investors Weigh In On OGE Energy

Several large investors have recently modified their holdings of the business. Focus Partners Wealth boosted its position in OGE Energy by 7.5% during the first quarter. Focus Partners Wealth now owns 9,145 shares of the utilities provider's stock valued at $420,000 after purchasing an additional 637 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of OGE Energy by 4.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 560,664 shares of the utilities provider's stock worth $25,768,000 after purchasing an additional 23,051 shares during the period. Goldman Sachs Group Inc. increased its stake in OGE Energy by 54.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,043,657 shares of the utilities provider's stock worth $47,966,000 after acquiring an additional 367,960 shares during the period. Finally, Millennium Management LLC increased its stake in OGE Energy by 1,160.8% during the 1st quarter. Millennium Management LLC now owns 94,965 shares of the utilities provider's stock worth $4,365,000 after acquiring an additional 87,433 shares during the period. 71.84% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

OGE has been the subject of a number of recent analyst reports. Barclays raised shares of OGE Energy from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $45.00 to $47.00 in a research report on Thursday, June 5th. LADENBURG THALM/SH SH upgraded OGE Energy to a "hold" rating in a research note on Friday, May 9th. Argus raised OGE Energy from a "hold" rating to a "buy" rating and set a $47.00 price target on the stock in a report on Friday, April 11th. Finally, Wells Fargo & Company lifted their target price on OGE Energy from $46.00 to $47.00 and gave the stock an "equal weight" rating in a report on Thursday, May 1st. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, OGE Energy has a consensus rating of "Moderate Buy" and an average price target of $46.80.

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.