OGE Energy (NYSE:OGE) Releases FY25 Earnings Guidance

OGE Energy (NYSE:OGE - Get Free Report) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided EPS guidance of $2.21-$2.33 for the period, compared to the consensus EPS estimate of $2.28. OGE Energy also updated its FY 2025 guidance to 2.210-2.330 EPS.

OGE Energy Stock Up 2.0 %

OGE stock traded up $0.89 during trading on Friday, reaching $45.19. 1,442,663 shares of the stock were exchanged, compared to its average volume of 919,178. The firm's 50 day moving average is $42.12 and its 200 day moving average is $41.36. OGE Energy has a twelve month low of $32.37 and a twelve month high of $45.32. The company has a current ratio of 0.86, a quick ratio of 0.51 and a debt-to-equity ratio of 1.09. The firm has a market cap of $9.08 billion, a P/E ratio of 20.54, a price-to-earnings-growth ratio of 3.28 and a beta of 0.78.

OGE Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Monday, April 7th will be paid a dividend of $0.4213 per share. This represents a $1.69 dividend on an annualized basis and a yield of 3.73%. The ex-dividend date is Monday, April 7th. OGE Energy's dividend payout ratio (DPR) is currently 76.36%.

Analysts Set New Price Targets

OGE has been the topic of a number of research reports. Evercore ISI raised OGE Energy from an "in-line" rating to an "outperform" rating and upped their price target for the stock from $40.00 to $47.00 in a research note on Tuesday, January 21st. Barclays lowered their price objective on OGE Energy from $43.00 to $42.00 and set an "equal weight" rating for the company in a research note on Friday, January 24th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $45.00.

OGE Energy Company Profile

OGE Energy Corp., together with its subsidiaries, operates as an energy services provider in the United States. The company generates, transmits, distributes, and sells electric energy. In addition, it provides retail electric service to approximately 896,000 customers, which covers a service area of approximately 30,000 square miles in Oklahoma and western Arkansas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets.