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 declared a quarterly dividend on Wednesday, February 26th. Stockholders of record on Friday, April 10th will be paid a dividend of $0.3875 per share on Thursday, April 30th. This represents a $1.55 annualized dividend and a dividend yield of 4.07%. The ex-dividend date is Wednesday, April 8th. View OGE Energy's Dividend History.

OGE Energy Corp. (NYSE:OGE) announced its earnings results on Thursday, February, 27th. The utilities provider reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.28 by $0.10. The utilities provider earned $472.50 million during the quarter, compared to analysts' expectations of $540.31 million. OGE Energy had a net margin of 19.94% and a return on equity of 11.20%. The business's revenue was down 7.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.27 earnings per share. View OGE Energy's Earnings History.

OGE Energy is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for OGE Energy.

OGE Energy issued an update on its FY20 earnings guidance on Thursday, February, 27th. The company provided EPS guidance of $1.72-$1.78 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.29.

7 analysts have issued 12-month target prices for OGE Energy's shares. Their forecasts range from $37.00 to $46.00. On average, they anticipate OGE Energy's stock price to reach $42.50 in the next twelve months. This suggests a possible upside of 11.5% from the stock's current price. View Analyst Price Targets for OGE Energy.

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

News headlines about OGE stock have trended extremely negative on Saturday, InfoTrie reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded 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 -4.6 on InfoTrie's scale. They also gave news stories about the utilities provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for OGE Energy.

OGE Energy saw a decrease in short interest during the month of February. As of February 14th, there was short interest totalling 4,940,000 shares, a decrease of 7.1% from the January 30th total of 5,320,000 shares. Based on an average trading volume of 1,110,000 shares, the days-to-cover ratio is presently 4.5 days. Approximately 2.5% of the company's shares 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), Exelon (EXC), American Electric Power (AEP), Xcel Energy (XEL), Eversource Energy (ES), Edison International (EIX), PPL (PPL), Entergy (ETR), FirstEnergy (FE), Pinnacle West Capital (PNW), Portland General Electric (POR), Hawaiian Electric Industries (HE) and IDACORP (IDA).

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 institutional and retail investors. Top institutional shareholders include State Street Corp (3.78%), FMR LLC (3.22%), Bank of New York Mellon Corp (1.72%), Geode Capital Management LLC (1.42%), Amundi Pioneer Asset Management Inc. (1.09%) and First Trust Advisors LP (1.05%). 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 and Patricia D Horn. View Institutional Ownership Trends for OGE Energy.

OGE stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Janus Henderson Group PLC, Point72 Asset Management L.P., Man Group plc, Panagora Asset Management Inc., Bank of New York Mellon Corp, AQR Capital Management LLC and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp. Company insiders that have sold OGE Energy company stock in the last year include Charles B Walworth and J Michael Sanner. View Insider Buying and Selling for OGE Energy.

OGE stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, State Street Corp, California Public Employees Retirement System, Cipher Capital LP, Great West Life Assurance Co. Can, Virginia Retirement Systems ET AL, Goldman Sachs Group Inc. and Alberta Investment Management Corp. 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 $38.10.

OGE Energy has a market capitalization of $7.63 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.