OGE Energy Corp. (NYSE:OGE – Free Report) – Equities research analysts at Zacks Research dropped their Q1 2025 earnings per share estimates for OGE Energy in a research report issued on Wednesday, March 12th. Zacks Research analyst R. Department now anticipates that the utilities provider will earn $0.25 per share for the quarter, down from their prior forecast 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.
OGE has been the topic of a number of other research reports. Evercore ISI upgraded shares of OGE Energy from an “in-line” rating to an “outperform” rating and increased their price objective for the company from $40.00 to $47.00 in a research report on Tuesday, January 21st. Barclays boosted their target price on shares of OGE Energy from $42.00 to $44.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 25th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $45.67.
OGE Energy Price Performance
Shares of NYSE:OGE opened at $44.74 on Monday. The business has a 50-day simple moving average of $43.28 and a two-hundred day simple moving average of $42.01. OGE Energy has a fifty-two week low of $32.37 and a fifty-two week high of $46.54. The firm has a market cap of $9.01 billion, a price-to-earnings ratio of 20.34, a price-to-earnings-growth ratio of 3.30 and a beta of 0.70. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.51 and a current ratio of 0.73.
Institutional Investors Weigh In On OGE Energy
Hedge funds have recently modified their holdings of the business. Headlands Technologies LLC purchased a new position in shares of OGE Energy during the 4th quarter valued at about $27,000. Bessemer Group Inc. lifted its holdings in OGE Energy by 102.0% during the fourth quarter. Bessemer Group Inc. now owns 715 shares of the utilities provider’s stock valued at $30,000 after purchasing an additional 361 shares in the last quarter. Stonebridge Financial Group LLC bought a new position in shares of OGE Energy in the fourth quarter worth approximately $35,000. Principal Securities Inc. increased its stake in shares of OGE Energy by 204.7% in the fourth quarter. Principal Securities Inc. now owns 981 shares of the utilities provider’s stock worth $40,000 after purchasing an additional 659 shares in the last quarter. Finally, BankPlus Trust Department bought a new stake in shares of OGE Energy during the 4th quarter valued at $44,000. Institutional investors own 71.84% of the company’s stock.
OGE Energy Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Monday, April 7th will be given a dividend of $0.4213 per share. The ex-dividend date is Monday, April 7th. This represents a $1.69 annualized dividend and a yield of 3.77%. OGE Energy’s dividend payout ratio (DPR) is 76.36%.
About OGE Energy
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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