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The "King Of Quants" sees 10X potential... (Ad)
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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Urgent Warning (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
The "King Of Quants" sees 10X potential... (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
The "King Of Quants" sees 10X potential... (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Urgent Warning (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
The "King Of Quants" sees 10X potential... (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
The "King Of Quants" sees 10X potential... (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Urgent Warning (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
The "King Of Quants" sees 10X potential... (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
The "King Of Quants" sees 10X potential... (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
NYSE:OGE

OGE Energy - OGE Stock Forecast, Price & News

$37.66
+0.43 (+1.15%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$37.29
$37.67
50-Day Range
$34.40
$39.83
52-Week Range
$33.28
$42.91
Volume
1.09 million shs
Average Volume
1.21 million shs
Market Capitalization
$7.54 billion
P/E Ratio
11.38
Dividend Yield
4.41%
Price Target
$39.00

OGE Energy MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
3.6% Upside
$39.00 Price Target
Short Interest
Bearish
2.38% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-5.64
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
$221,925 Bought Last Quarter
Proj. Earnings Growth
4.93%
From $2.03 to $2.13 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.02 out of 5 stars

Utilities Sector

54th out of 86 stocks

Electric Services Industry

27th out of 40 stocks


OGE stock logo

About OGE Energy (NYSE:OGE) Stock

OGE Energy Corp. is a holding company with investments in energy and energy service providers, offering physical delivery and related services for electricity in Oklahoma and western Arkansas and natural gas, crude oil and NGLs across the U.S. OGE Energy conducts these activities through two business segments: Electric Utility and Natural Gas Midstream Operations. The Electric Utility segment operations are conducted through OG&E, which generates, transmits, distributes, and sells electric energy in Oklahoma and western Arkansas. OG&E's rates are subject to regulation by the OCC, the APSC, and the FERC. OG&E was incorporated in 1902 under the laws of the Oklahoma Territory and is a wholly owned subsidiary of OGE Energy. OG&E is an electric utility with franchised service territory in Oklahoma, as well as Fort Smith, Arkansas, and the surrounding communities. OG&E sold its retail natural gas business in 1928 and is no longer engaged in the natural gas distribution business. The Natural Gas Midstream Operations segment represents OGE Energy's investment in Energy Transfer's equity securities. The investment in Energy Transfer's equity securities is held through wholly owned subsidi

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OGE Stock News Headlines

Bear market expert makes new prediction
Nobody believed Larry Benedict's prediction in February 2020. The DOW plunged 3.5%, and he told CNBC, "It seems like there's much more to come." Within a month, the market plummeted 34%. Then, nobody believed Larry at the start of last year, either. He predicted that "all the indexes will be negative for the year," with the Nasdaq leading the way. Once again, he was spot-on.
OGE Energy (NYSE:OGE) Price Target Lowered to $36.00 at Mizuho
Bear market expert makes new prediction
Nobody believed Larry Benedict's prediction in February 2020. The DOW plunged 3.5%, and he told CNBC, "It seems like there's much more to come." Within a month, the market plummeted 34%. Then, nobody believed Larry at the start of last year, either. He predicted that "all the indexes will be negative for the year," with the Nasdaq leading the way. Once again, he was spot-on.
OGE Energy's (NYSE:OGE) Dividend Will Be $0.4141
Q4 2022 OGE Energy Corp Earnings Call
OGE Energy Corp. reports 2022 results and outlook for 2023
OGE Energy Q4 2022 Earnings Preview
OGE Energy Corp. fourth quarter 2022 earnings webcast
OGE Energy Corp. (OGE)
OGE Energy: A Lot To Like But Too Expensive Today
Dividend Achievers List Ranked By Yield: Top 25
See More Headlines
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OGE Company Calendar

Ex-Dividend for 1/27 Dividend
1/06/2023
Dividend Payable
1/27/2023
Last Earnings
2/23/2023
Today
4/01/2023
Ex-Dividend for 4/28 Dividend
4/06/2023
Dividend Payable
4/28/2023
Next Earnings (Estimated)
5/04/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Electric Utilities
Sector
Utilities
CUSIP
67083710
Employees
2,237
Year Founded
1902

Price Target and Rating

Average Stock Price Forecast
$39.00
High Stock Price Forecast
$42.00
Low Stock Price Forecast
$36.00
Forecasted Upside/Downside
+3.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
7 Analysts

Profitability

Net Income
$665.70 million
Pretax Margin
23.38%

Debt

Sales & Book Value

Annual Sales
$3.38 billion
Cash Flow
$5.73 per share
Book Value
$22.05 per share

Miscellaneous

Free Float
174,399,000
Market Cap
$7.54 billion
Optionable
Optionable
Beta
0.71

Social Links


Key Executives

  • Robert Sean Trauschke
    Chairman, President & Chief Executive Officer
  • W. Bryan Buckler
    Chief Financial Officer & Vice President
  • David ParkerDavid Parker
    Vice President-Technology, Data & Security
  • David ParkerDavid Parker
    Vice President-Technology, Data & Security
  • William H. Sultemeier
    Secretary & Chief Compliance Officer













OGE Stock - Frequently Asked Questions

Should I buy or sell OGE Energy stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for OGE Energy in the last twelve months. There are currently 7 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" OGE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OGE, but not buy additional shares or sell existing shares.
View OGE analyst ratings
or view top-rated stocks.

What is OGE Energy's stock price forecast for 2023?

7 Wall Street analysts have issued 1-year target prices for OGE Energy's stock. Their OGE share price forecasts range from $36.00 to $42.00. On average, they anticipate the company's stock price to reach $39.00 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price.
View analysts price targets for OGE
or view top-rated stocks among Wall Street analysts.

How have OGE shares performed in 2023?

OGE Energy's stock was trading at $39.55 at the start of the year. Since then, OGE stock has decreased by 4.8% and is now trading at $37.66.
View the best growth stocks for 2023 here
.

Are investors shorting OGE Energy?

OGE Energy saw a increase in short interest in February. As of February 15th, there was short interest totaling 4,240,000 shares, an increase of 15.5% from the January 31st total of 3,670,000 shares. Based on an average daily volume of 1,050,000 shares, the short-interest ratio is presently 4.0 days. Approximately 2.1% of the company's shares are sold short.
View OGE Energy's Short Interest
.

When is OGE Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our OGE earnings forecast
.

How were OGE Energy's earnings last quarter?

OGE Energy Corp. (NYSE:OGE) posted its quarterly earnings data on Thursday, February, 23rd. The utilities provider reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.30. The utilities provider had revenue of $711.90 million for the quarter, compared to analysts' expectations of $1.06 billion. OGE Energy had a net margin of 19.72% and a trailing twelve-month return on equity of 15.33%. The firm's revenue for the quarter was up 22.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.27 EPS.

How often does OGE Energy pay dividends? What is the dividend yield for OGE Energy?

OGE Energy announced a quarterly dividend on Thursday, February 23rd. Investors of record on Monday, April 10th will be paid a dividend of $0.4141 per share on Friday, April 28th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 4.40%. The ex-dividend date of this dividend is Thursday, April 6th. This is an increase from the stock's previous quarterly dividend of $0.41.
Read our dividend analysis for OGE
.

Is OGE Energy a good dividend stock?

OGE Energy (NYSE:OGE) pays an annual dividend of $1.66 per share and currently has a dividend yield of 4.48%. OGE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 50.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, OGE will have a dividend payout ratio of 77.93% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for OGE.

What guidance has OGE Energy issued on next quarter's earnings?

OGE Energy issued an update on its FY23 earnings guidance on Thursday, February, 23rd. The company provided EPS guidance of $1.93-2.07 for the period, compared to the consensus EPS estimate of $2.04.

What is Sean Trauschke's approval rating as OGE Energy's CEO?

30 employees have rated OGE Energy Chief Executive Officer Sean Trauschke on Glassdoor.com. Sean Trauschke has an approval rating of 74% among the company's employees.

What other stocks do shareholders of OGE Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other OGE Energy investors own include AT&T (T), Pfizer (PFE), ONEOK (OKE), Exxon Mobil (XOM), Energy Transfer (ET), Intel (INTC), Altria Group (MO), Cisco Systems (CSCO), Dominion Energy (D) and Marathon Petroleum (MPC).

What is OGE Energy's stock symbol?

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

How do I buy shares of OGE Energy?

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

What is OGE Energy's stock price today?

One share of OGE stock can currently be purchased for approximately $37.66.

How much money does OGE Energy make?

OGE Energy (NYSE:OGE) has a market capitalization of $7.54 billion and generates $3.38 billion in revenue each year. The utilities provider earns $665.70 million in net income (profit) each year or $3.31 on an earnings per share basis.

How many employees does OGE Energy have?

The company employs 2,237 workers across the globe.

How can I contact OGE Energy?

OGE Energy's mailing address is 321 N HARVEY P.O. BOX 321, OKLAHOMA CITY OK, 73101. The official website for the company is www.oge.com. The utilities provider can be reached via phone at (405) 553-3000 or via fax at 405-553-3760.

This page (NYSE:OGE) was last updated on 4/1/2023 by MarketBeat.com Staff