OGE Energy Corp. (NYSE:OGE - Free Report) - Research analysts at Zacks Research cut their Q1 2025 earnings per share (EPS) estimates for shares of OGE Energy in a report released on Wednesday, March 12th. Zacks Research analyst R. Department now forecasts that the utilities provider will earn $0.25 per share for the quarter, down from their previous estimate of $0.41. The consensus estimate for OGE Energy's current full-year earnings is $2.27 per share. Zacks Research also issued estimates for OGE Energy's Q3 2025 earnings at $1.04 EPS and FY2027 earnings at $2.43 EPS.
Several other equities analysts have also issued reports on the company. Evercore ISI upgraded OGE Energy from an "in-line" rating to an "outperform" rating and raised their price target for the stock from $40.00 to $47.00 in a research report on Tuesday, January 21st. Barclays raised their price target on OGE Energy from $42.00 to $44.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 25th. Finally, LADENBURG THALM/SH SH upgraded OGE Energy to a "hold" rating in a research report on Monday. Four equities 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.com, OGE Energy presently has an average rating of "Hold" and an average target price of $45.67.
View Our Latest Report on OGE Energy
OGE Energy Price Performance
Shares of OGE Energy stock traded up $0.04 during trading on Monday, hitting $45.23. 534,123 shares of the stock traded hands, compared to its average volume of 1,130,675. The company has a quick ratio of 0.51, a current ratio of 0.73 and a debt-to-equity ratio of 1.08. The stock has a market cap of $9.11 billion, a price-to-earnings ratio of 20.55, a PEG ratio of 3.30 and a beta of 0.70. The firm's fifty day moving average is $43.45 and its 200-day moving average is $42.07. OGE Energy has a 52 week low of $32.37 and a 52 week high of $46.54.
OGE Energy Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Monday, April 7th will be issued a $0.4213 dividend. This represents a $1.69 annualized dividend 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%.
Institutional Investors Weigh In On OGE Energy
Several institutional investors and hedge funds have recently bought and sold shares of the business. GSA Capital Partners LLP purchased a new position in shares of OGE Energy in the 3rd quarter valued at approximately $392,000. Victory Capital Management Inc. lifted its stake in shares of OGE Energy by 17.5% in the 3rd quarter. Victory Capital Management Inc. now owns 344,654 shares of the utilities provider's stock valued at $14,138,000 after purchasing an additional 51,437 shares during the period. Oppenheimer & Co. Inc. lifted its stake in shares of OGE Energy by 35.5% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 27,142 shares of the utilities provider's stock valued at $1,113,000 after purchasing an additional 7,113 shares during the period. KBC Group NV lifted its stake in shares of OGE Energy by 13.2% in the 3rd quarter. KBC Group NV now owns 5,021 shares of the utilities provider's stock valued at $206,000 after purchasing an additional 584 shares during the period. Finally, ING Groep NV purchased a new position in shares of OGE Energy in the 3rd quarter valued at approximately $3,700,000. Hedge funds and other institutional investors own 71.84% of the company's stock.
About OGE Energy
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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.
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