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S&P 500   3,948.72
DOW   32,105.25
QQQ   309.75
Why Wall Street Loves These 3 Penny Stocks
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
3 Leading Dividend Stocks Expected To Grow Earnings
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Modern Day Options Trading For Beginners! (Ad)pixel
Closing prices for crude oil, gold and other commodities
Low Volume Bunge Plunge Presents an Opportunity
Modern Day Options Trading For Beginners! (Ad)pixel
KB Home Strong Results Lift Prices
Carvana May Be Able To Reach Profitability This Year
S&P 500   3,948.72
DOW   32,105.25
QQQ   309.75
Why Wall Street Loves These 3 Penny Stocks
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
3 Leading Dividend Stocks Expected To Grow Earnings
Chewy Stock Is Setting Up For Long-Term Profitable Growth 
Modern Day Options Trading For Beginners! (Ad)pixel
Closing prices for crude oil, gold and other commodities
Low Volume Bunge Plunge Presents an Opportunity
Modern Day Options Trading For Beginners! (Ad)pixel
KB Home Strong Results Lift Prices
Carvana May Be Able To Reach Profitability This Year
S&P 500   3,948.72
DOW   32,105.25
QQQ   309.75
Why Wall Street Loves These 3 Penny Stocks
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
3 Leading Dividend Stocks Expected To Grow Earnings
Chewy Stock Is Setting Up For Long-Term Profitable Growth 
Modern Day Options Trading For Beginners! (Ad)pixel
Closing prices for crude oil, gold and other commodities
Low Volume Bunge Plunge Presents an Opportunity
Modern Day Options Trading For Beginners! (Ad)pixel
KB Home Strong Results Lift Prices
Carvana May Be Able To Reach Profitability This Year
NYSE:OGE

OGE Energy - OGE Stock Forecast, Price & News

$34.46
-0.68 (-1.94%)
(As of 03/23/2023 12:00 AM ET)
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Compare
Today's Range
$34.36
$35.21
50-Day Range
$34.40
$39.94
52-Week Range
$33.28
$42.91
Volume
1.35 million shs
Average Volume
1.15 million shs
Market Capitalization
$6.90 billion
P/E Ratio
10.41
Dividend Yield
4.82%
Price Target
$38.71

OGE Energy MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
13.2% Upside
$39.00 Price Target
Short Interest
Bearish
2.34% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-5.64
Upright™ Environmental Score
News Sentiment
1.20mentions of OGE Energy in the last 14 days
Based on 12 Articles This Week
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.

2.52 out of 5 stars

Utilities Sector

33rd out of 86 stocks

Electric Services Industry

17th out of 41 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

The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
Reviewing Altus Power (NYSE:AMPS) & OGE Energy (NYSE:OGE)
The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
StockNews.com Initiates Coverage on OGE Energy (NYSE:OGE)
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
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
3/23/2023
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
+12.3%
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
$5.31 per share
Book Value
$22.05 per share

Miscellaneous

Free Float
174,399,000
Market Cap
$6.90 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
  • William H. Sultemeier
    Secretary & Chief Compliance Officer
  • Cristina Fernandez McQuistion
    VP-Corporate Responsibility & Stewardship













OGE Stock - Frequently Asked Questions

Should I buy or sell OGE Energy stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OGE Energy in the last year. There are currently 7 hold ratings for the stock. The consensus among Wall Street 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 equities research analysts have issued 1 year price objectives for OGE Energy's stock. Their OGE share price forecasts range from $36.00 to $42.00. On average, they expect the company's share price to reach $39.00 in the next twelve months. This suggests a possible upside of 13.2% 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 on January 1st, 2023. Since then, OGE stock has decreased by 12.9% and is now trading at $34.46.
View the best growth stocks for 2023 here
.

Are investors shorting OGE Energy?

OGE Energy saw a increase in short interest during the month of 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. Currently, 2.1% of the company's shares are short sold.
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) announced its quarterly earnings data on Thursday, February, 23rd. The utilities provider reported $0.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.05) by $0.30. The utilities provider earned $711.90 million during the quarter, compared to analysts' expectations of $1.06 billion. OGE Energy had a trailing twelve-month return on equity of 15.33% and a net margin of 19.72%. The company's quarterly revenue was up 22.5% on a year-over-year basis. During the same period in the prior year, the business posted $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. Stockholders 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 annualized dividend and a dividend yield of 4.81%. The ex-dividend date of this dividend is Thursday, April 6th. This is a positive change 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 4.53%. 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 earnings per share 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."

Who are OGE Energy's major shareholders?

OGE Energy's stock is owned by many different retail and institutional investors. Top institutional investors include Moneta Group Investment Advisors LLC (3.68%), Geode Capital Management LLC (1.36%), First Trust Advisors LP (1.32%), Duff & Phelps Investment Management Co. (1.17%), CI Investments Inc. (1.13%) and Reaves W H & Co. Inc. (1.02%). Insiders that own company stock include Cathy R Gates, Cristina F Mcquistion, David A Parker, David E Rainbolt, David L Hauser, J Michael Sanner, Kenneth R Grant, Patricia D Horn, Scott A Briggs and Stephen E Merrill.
View institutional ownership trends
.

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 $34.46.

How much money does OGE Energy make?

OGE Energy (NYSE:OGE) has a market capitalization of $6.90 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 3/24/2023 by MarketBeat.com Staff