OGE Energy Corporation Company Profile (NYSE:OGE)

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

OGE Energy Corporation announced a quarterly dividend on Thursday, May 18th. Shareholders of record on Monday, July 10th will be paid a dividend of $0.3025 per share on Friday, July 28th. This represents a $1.21 annualized dividend and a yield of 3.38%. The ex-dividend date of this dividend is Thursday, July 6th. View OGE Energy Corporation's Dividend History.

OGE Energy Corporation (NYSE:OGE) released its earnings results on Thursday, August, 3rd. The company reported $0.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.05. The business earned $586.40 million during the quarter, compared to the consensus estimate of $563 million. OGE Energy Corporation had a net margin of 16.50% and a return on equity of 11.06%. The business's revenue for the quarter was up 6.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.35 EPS. View OGE Energy Corporation's Earnings History.

OGE Energy Corporation is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for OGE Energy Corporation.

6 brokers have issued twelve-month price targets for OGE Energy Corporation's stock. Their predictions range from $33.00 to $37.00. On average, they anticipate OGE Energy Corporation's share price to reach $35.60 in the next year. View Analyst Ratings for OGE Energy Corporation.

Here are some recent quotes from research analysts about OGE Energy Corporation stock:

• 1. According to Zacks Investment Research, "OGE Energy’s second-quarter earnings surpassed the Zacks Consensus Estimate and were also up year over year. The company’s operating revenues in the quarter also improved from the prior-year period. However, the company reiterated its bottom-line guidance for 2017. Moreover, the company needs to watch out for stringent government regulations, as any change in the regulatory environment could impact the company's earnings. The company also faces challenges in the form of severe weather conditions and natural calamities that can potentially disrupt its normal operations. Further, operational risks related to its transmission and distribution segments, may hurt growth. Nevertheless, OGE Energy is the largest electric utility in Oklahoma and its well-positioned regulated utility and unregulated midstream gas businesses carry low risk. Also its share price has outperformed the broader industry’s price over the last one year." (8/10/2017)
• 2. Jefferies Group LLC analysts commented, "OGE reported 1Q17 EPS of $0.18 versus $0.13 in 1Q16, our estimate of $0.15 and Consensus of $0.15." (5/5/2017)

Some companies that are related to OGE Energy Corporation include Sse Plc (SSE), Entergy Corporation (ETR), FirstEnergy Corporation (FE), Enersis Americas S.A. (ENIA), Alliant Energy (LNT), Pinnacle West Capital Corporation (PNW), CPFL Energia S.A. (CPL), Scana Corporation (SCG), Vistra Energy Corp. (VST), NRG Energy (NRG), AES Corp (AES), Westar Energy (WR), Empresa Nacional de Electricidad S.A. (EOCC), Pepco Holdings LLC (POM), Great Plains Energy (GXP), Calpine Corporation (CPN), Pampa Energia S.A. (PAM) and IDACORP (IDA).

OGE Energy Corporation's management team includes the folowing people:

• Sean Trauschke, Chairman of the Board, President, Chief Executive Officer
• Stephen E. Merrill, Chief Financial Officer
• E. Keith Mitchell, Chief Operating Officer
• Scott E. Forbes, Chief Accounting Officer, Controller
• Cristina F. McQuistion, Vice President - Chief Information Officer - OG&E
• Patricia D. Horn, Vice President - Governance and Corporate Secretary
• Kenneth R. Grant, Vice President- Sales and Marketing - OG&E
• Jerry A. Peace, Vice President - Integrated Resource Planning and Development
• Paul L. Renfrow, Vice President - Public Affairs and Corporate Administration
• William H. Sultemeier, General Counsel

OGE Energy Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.95%), Vanguard Group Inc. (8.90%), State Street Corp (3.75%), FMR LLC (2.43%), Bank of New York Mellon Corp (1.41%) and Duff & Phelps Investment Management Co. (1.15%). Company insiders that own OGE Energy Corporation stock include Cristina F Mcquistion, H Scott Forbes, Jean C Leger Jr and Luke R Corbett. View Institutional Ownership Trends for OGE Energy Corporation.

OGE Energy Corporation's stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Renaissance Technologies LLC, Quantitative Investment Management LLC, AHL Partners LLP, Candriam Luxembourg S.C.A., Stevens Capital Management LP, AJO LP and Meeder Asset Management Inc.. Company insiders that have sold OGE Energy Corporation stock in the last year include Cristina F Mcquistion, H Scott Forbes and Luke R Corbett. View Insider Buying and Selling for OGE Energy Corporation.

OGE Energy Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Thrivent Financial For Lutherans, Janus Henderson Group PLC, Prudential Financial Inc., Citadel Advisors LLC, Canada Pension Plan Investment Board, Blackstart Capital LP, Vanguard Group Inc. and FMR LLC. View Insider Buying and Selling for OGE Energy Corporation.

Shares of OGE Energy Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of OGE Energy Corporation stock can currently be purchased for approximately $35.84.