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

$44.94
+0.26 (+0.58 %)
(As of 09/19/2019 12:47 PM ET)
Today's Range
$44.66
Now: $44.94
$45.01
50-Day Range
$42.19
MA: $43.05
$44.59
52-Week Range
$35.29
Now: $44.94
$44.73
Volume232,753 shs
Average Volume1.01 million shs
Market Capitalization$9.00 billion
P/E Ratio21.20
Dividend Yield3.29%
Beta0.48
OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that provides physical delivery and related services for electricity and natural gas primarily in the south central United States. It operates in two segments, Electric Utility and Natural Gas Midstream Operations. The Electric Utility segment generates, transmits, distributes, and sells electric energy. Read More…

Industry, Sector and Symbol

Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
CUSIP67083710
Phone405-553-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.27 billion
Cash Flow$3.7892 per share
Book Value$20.05 per share

Profitability

Net Income$425.50 million

Miscellaneous

Employees2,292
Market Cap$9.00 billion
Next Earnings Date11/14/2019 (Estimated)
OptionableOptionable

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OGE Energy (NYSE:OGE) Frequently Asked Questions

What is OGE Energy's stock symbol?

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

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

OGE Energy announced a quarterly dividend on Friday, May 17th. Investors of record on Wednesday, July 10th will be given a dividend of $0.365 per share on Tuesday, July 30th. This represents a $1.46 annualized dividend and a yield of 3.25%. The ex-dividend date of this dividend is Tuesday, July 9th. View OGE Energy's Dividend History.

How were OGE Energy's earnings last quarter?

OGE Energy Corp. (NYSE:OGE) posted its earnings results on Thursday, August, 8th. The utilities provider reported $0.50 EPS for the quarter, missing the Zacks' consensus estimate of $0.51 by $0.01. The utilities provider had revenue of $513.70 million for the quarter, compared to the consensus estimate of $589.82 million. OGE Energy had a net margin of 18.39% and a return on equity of 10.17%. The firm's revenue was down 9.4% on a year-over-year basis. During the same period last year, the company posted $0.55 earnings per share. View OGE Energy's Earnings History.

When is OGE Energy's next earnings date?

OGE Energy is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for OGE Energy.

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

OGE Energy updated its FY19 earnings guidance on Thursday, August, 8th. The company provided earnings per share guidance of $2.05 to $2.20 for the period, compared to the Thomson Reuters consensus estimate of $2.14.

What price target have analysts set for OGE?

7 brokers have issued 1 year price targets for OGE Energy's stock. Their forecasts range from $37.00 to $46.00. On average, they anticipate OGE Energy's share price to reach $40.50 in the next year. This suggests that the stock has a possible downside of 9.9%. View Analyst Price Targets for OGE Energy.

What is the consensus analysts' recommendation for OGE Energy?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OGE Energy in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for OGE Energy.

What are Wall Street analysts saying about OGE Energy stock?

Here are some recent quotes from research analysts about OGE Energy stock:
  • 1. Evercore ISI analysts commented, "We assume no equity dilution due to cash flow from ENBL. For FY ’19 we model the utility hitting the high end of $1.55-1.62 EPS guidance as July has seen strong weather plus we expect a $0.14 benefit from rate relief in the second half. This drives OGE’s overall EPS in FY ’19 to $2.13/share, more or less the mid-point of consolidated EPS guidance." (8/11/2019)
  • 2. According to Zacks Investment Research, "Being the largest electric utility in Oklahoma, OGE Energy’s well-positioned regulated utility and unregulated midstream gas businesses continue to offset the prevailing tailwinds. The company's robust and strong balance sheet enables the company to reward shareholders with dividends. A stable economy helps drive demand for electricity and in turn boost business growth for electricity providers like OGE Energy. Its shares outperformed the broader market in last twelve months. However, OGE Energy faces challenges in the form of severe weather conditions and natural calamities like hurricanes and snowstorms, which result in the breakdown and damage of transmission and distribution lines. Recent rating downgrade made by credit rating agencies may jeopardize OGE Energy’s position in the credit market." (5/6/2019)

Has OGE Energy been receiving favorable news coverage?

Media stories about OGE stock have trended negative on Thursday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. OGE Energy earned a media sentiment score of -2.9 on InfoTrie's scale. They also gave news stories about the utilities provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for OGE Energy.

Who are some of OGE Energy's key competitors?

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), Bank of America (BAC), Energy Transfer LP Unit (ET), General Electric (GE), Verizon Communications (VZ), American Electric Power (AEP), Blackstone Group (BX), Realty Income (O), Starwood Property Trust (STWD) and Ford Motor (F).

Who are OGE Energy's key executives?

OGE Energy's management team includes the folowing people:
  • Mr. Robert Sean Trauschke, Chairman, Pres & CEO (Age 52)
  • Mr. Stephen E. Merrill, Chief Financial Officer (Age 54)
  • Mr. William H. Sultemeier, Gen. Counsel (Age 51)
  • Mr. E. Keith Mitchell, Chief Operating Officer of Oklahoma Gas & Electric Company (Age 57)
  • Mr. Jean C. Leger Jr., VP of Utility Operations - Oklahoma Gas & Electric Company (Age 60)

Who are OGE Energy's major shareholders?

OGE Energy's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.55%), BlackRock Inc. (13.55%), Vanguard Group Inc. (10.40%), Bank of New York Mellon Corp (1.89%), Invesco Ltd. (1.12%) and Amundi Pioneer Asset Management Inc. (1.09%). 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.

Which major investors are selling OGE Energy stock?

OGE stock was sold by a variety of institutional investors in the last quarter, including Quest Capital Management Inc. ADV, Renaissance Technologies LLC, AQR Capital Management LLC, Wells Fargo & Company MN, Panagora Asset Management Inc., Vanguard Group Inc., APG Asset Management N.V. and Bank of America Corp DE. Company insiders that have sold OGE Energy company stock in the last year include Charles B Walworth, Cristina F Mcquistion, J Michael Sanner, Jerry A Peace, Kenneth R Grant and Patricia D Horn. View Insider Buying and Selling for OGE Energy.

Which major investors are buying OGE Energy stock?

OGE stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, First Trust Advisors LP, Invesco Ltd., Retirement Systems of Alabama, Teacher Retirement System of Texas, Allianz Asset Management GmbH, Canada Pension Plan Investment Board and Korea Investment CORP. 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.

How do I buy shares of 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.

What is OGE Energy's stock price today?

One share of OGE stock can currently be purchased for approximately $44.94.

How big of a company is OGE Energy?

OGE Energy has a market capitalization of $9.00 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.

What is OGE Energy's official website?

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

How can I contact OGE Energy?

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.


MarketBeat Community Rating for OGE Energy (NYSE OGE)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  239 (Vote Outperform)
Underperform Votes:  387 (Vote Underperform)
Total Votes:  626
MarketBeat's community ratings are surveys of what our community members think about OGE Energy and other stocks. Vote "Outperform" if you believe OGE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OGE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/19/2019 by MarketBeat.com Staff

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