NYSE:OGE - OGE Energy Stock Price, Forecast & News

OGE Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "OGE."

OGE Energy announced a quarterly dividend on Wednesday, December 4th. Stockholders of record on Friday, January 10th will be paid a dividend of $0.3875 per share on Thursday, January 30th. This represents a $1.55 annualized dividend and a dividend yield of 3.39%. The ex-dividend date is Thursday, January 9th. View OGE Energy's Dividend History.

OGE Energy Corp. (NYSE:OGE) issued its quarterly earnings results on Thursday, November, 7th. The utilities provider reported $1.25 EPS for the quarter, beating analysts' consensus estimates of $1.11 by $0.14. The utilities provider earned $755.40 million during the quarter, compared to analyst estimates of $728.22 million. OGE Energy had a return on equity of 11.20% and a net margin of 19.94%. The business's revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter last year, the business posted $1.02 EPS. View OGE Energy's Earnings History.

OGE Energy is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for OGE Energy.

OGE Energy updated its FY 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of $2.24-2.30 for the period, compared to the Thomson Reuters consensus estimate of $2.13.

6 brokers have issued 12-month price targets for OGE Energy's stock. Their forecasts range from $37.00 to $46.00. On average, they expect OGE Energy's stock price to reach $42.60 in the next twelve months. This suggests that the stock has a possible downside of 6.9%. View Analyst Price Targets for OGE Energy.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OGE Energy in the last year. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for OGE Energy.

Media stories about OGE stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. OGE Energy earned a news impact score of 0.8 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the company's share price in the near term. View News Stories for OGE Energy.

OGE Energy saw a drop in short interest in December. As of December 31st, there was short interest totalling 4,840,000 shares, a drop of 6.7% from the December 15th total of 5,190,000 shares. Based on an average daily volume of 1,150,000 shares, the short-interest ratio is presently 4.2 days. Currently, 2.4% of the shares of the company are sold short. View OGE Energy's Current Options Chain.

Some companies that are related to OGE Energy include NextEra Energy (NEE), Southern (SO), Duke Energy (DUK), American Electric Power (AEP), Exelon (EXC), Xcel Energy (XEL), Eversource Energy (ES), Edison International (EIX), FirstEnergy (FE), PPL (PPL), Entergy (ETR), Pinnacle West Capital (PNW), IDACORP (IDA), Portland General Electric (POR) and Hawaiian Electric Industries (HE).

Based on aggregate information from My MarketBeat watchlists, some companies that other OGE Energy investors own include AT&T (T), Energy Transfer LP Unit (ET), Verizon Communications (VZ), Bank of America (BAC), Altria Group (MO), Exxon Mobil (XOM), American Electric Power (AEP), Dominion Energy (D), Enbridge (ENB) and Realty Income (O).

OGE Energy's stock is owned by many different of retail and institutional investors. Top institutional investors include California Public Employees Retirement System (0.41%), Wedge Capital Management L L P NC (0.25%), Virginia Retirement Systems ET AL (0.18%), Nisa Investment Advisors LLC (0.18%), New York State Teachers Retirement System (0.14%) and Gateway Investment Advisers LLC (0.11%). Company insiders that own OGE Energy stock include Charles B Walworth, Cristina F Mcquistion, Frank A Bozich, J Michael Sanner, Jerry A Peace, Kenneth R Grant, Patricia D Horn and Peter D Clarke. View Institutional Ownership Trends for OGE Energy.

OGE stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, Arizona State Retirement System, CenturyLink Investment Management Co, Dupont Capital Management Corp, State of Alaska Department of Revenue, Zurcher Kantonalbank Zurich Cantonalbank , IFP Advisors Inc and IFM Investors Pty Ltd. Company insiders that have sold OGE Energy company stock in the last year include Charles B Walworth, J Michael Sanner, Jerry A Peace and Kenneth R Grant. View Insider Buying and Selling for OGE Energy.

OGE stock was acquired by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Virginia Retirement Systems ET AL, Wedge Capital Management L L P NC, CWM LLC, New York State Teachers Retirement System, DNB Asset Management AS, Clark Capital Management Group Inc. and Strs Ohio. Company insiders that have bought OGE Energy stock in the last two years include Charles B Walworth, Frank A Bozich and Peter D Clarke. View Insider Buying and Selling for OGE Energy.

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

One share of OGE stock can currently be purchased for approximately $45.76.

OGE Energy has a market capitalization of $9.16 billion and generates $2.27 billion in revenue each year. The utilities provider earns $425.50 million in net income (profit) each year or $2.12 on an earnings per share basis. OGE Energy employs 2,292 workers across the globe.View Additional Information About OGE Energy.

The official website for OGE Energy is http://www.oge.com/.

OGE Energy's mailing address is 321 N HARVEY P.O. BOX 321, OKLAHOMA CITY OK, 73101. The utilities provider can be reached via phone at 405-553-3000.