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Oge Energy Corp. (OGE)
NYSE:OGE
Holding OGE?
Track your performance easily
OGE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$32.06 - $41.48
Previous Close$39.99
Volume1.39M
Average Volume (3M)944.23K
Market Cap
$8.03B
Enterprise Value$13.30B
Total Cash (Recent Filing)$100.00K
Total Debt (Recent Filing)$5.26B
Price to Earnings (P/E)19.6
Beta0.29
Next Earnings
Nov 05, 2024EPS Estimate
$1.13Last Dividend Ex-Date
Oct 07, 2024Dividend Yield4.21%
Share Statistics
EPS (TTM)2.04
Shares Outstanding200,867,263
10 Day Avg. Volume878,550
30 Day Avg. Volume944,229
Standard Deviation0.06
R-Squared0.40
Alpha-0.00520
Financial Highlights & Ratios
Price to Book (P/B)1.79
Price to Sales (P/S)3.62
Price to Cash Flow (P/CF)7.60
P/FCF Ratio6.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.73
Enterprise Value/Gross Profit10.55
Enterprise Value/Ebitda13.05
Forecast
1Y Price Target
$42.50Price Target Upside6.28% Upside
Rating ConsensusHold
Number of Analyst Covering5
OGE Energy News
PremiumCompany Announcements
OGE Energy Announces Interim CFO and Upcoming Search
Bulls Say, Bears Say
Bulls Say
Economic PerformanceThe Oklahoma economy is thriving with robust load growth, leading to increased 2024 load projections.
Financial GuidanceOGE expects ’24 EPS to land in the top half of the $2.06-2.18 range.
Regulatory EnvironmentThe OGE electric rate case settlement is uncontested and includes industrial groups, suggesting supportive regulation.
Bears Say
Growth PotentialLimited upside is seen due to consensus EPS estimates already reflecting ~7% growth from the 2024 midpoint base of $2.12.
Investor SentimentStruggle to see meaningful P/E multiple upside from the current ~5% P/E premium in the short-term, given the investor view that Oklahoma remains an ~average jurisdiction.
ValuationShares already trade at a ~4% P/E premium, which limits upside at current valuation levels.
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Ownership Overview
0.47% Insiders
21.03% Mutual Funds
1.48% Other Institutional Investors
50.60% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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OGE FAQ
What was Oge Energy Corp.’s price range in the past 12 months?
Oge Energy Corp. lowest stock price was $32.06 and its highest was $41.48 in the past 12 months.
What is Oge Energy Corp.’s market cap?
Currently, no data Available
When is Oge Energy Corp.’s upcoming earnings report date?
Oge Energy Corp.’s upcoming earnings report date is Nov 05, 2024 which is in 2 days.
How were Oge Energy Corp.’s earnings last quarter?
Oge Energy Corp. released its earnings results on Aug 07, 2024. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.458 by $0.052.
Is Oge Energy Corp. overvalued?
According to Wall Street analysts Oge Energy Corp.’s price is currently Undervalued.
Does Oge Energy Corp. pay dividends?
Oge Energy Corp. pays a Quarterly dividend of $0.42 which represents an annual dividend yield of 4.21%. See more information on Oge Energy Corp. dividends here
What is Oge Energy Corp.’s EPS estimate?
Oge Energy Corp.’s EPS estimate is $1.13.
How many shares outstanding does Oge Energy Corp. have?
Oge Energy Corp. has 200,867,260 shares outstanding.
What happened to Oge Energy Corp.’s price movement after its last earnings report?
Oge Energy Corp. reported an EPS of $0.51 in its last earnings report, beating expectations of $0.458. Following the earnings report the stock price went up 1.406%.
Which hedge fund is a major shareholder of Oge Energy Corp.?
Among the largest hedge funds holding Oge Energy Corp.’s share is Hotchkis & Wiley Capital Management LLC. It holds Oge Energy Corp.’s shares valued at 16M.
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OGE Energy Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$42.50 (6.28% Upside)
$42.50 (6.28% Upside)
Blogger Sentiment
Bullish
OGE Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 462.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 3.4%
Last 30 Days ▲ 3.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
22.47%
12-Months-Change
Fundamentals
Return on Equity
9.28%
Trailing 12-Months
Asset Growth
4.82%
Trailing 12-Months
Company Description
Oge Energy Corp.
OGE Energy Corp. is a holding company, which engages in the provision of physical delivery and related services for both electricity and natural gas. It operates through the Electric Utility and Natural Gas Midstream Operations segments. The Electric Utility segment generates, transmits, distributes, and sells electric energy in Oklahoma and Western Arkansas. The Natural Gas Midstream Operations segment involves gathering, processing, transporting, storing, and marketing of natural gas. The company was founded in August 1995 and is headquartered in Oklahoma City, OK.
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OGE Company Deck
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OGE Earnings Call
Q2 2024
0:00 / 0:00
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OGE Stock 12 Month Forecast
Average Price Target
$42.50
▲(6.28% Upside)
Technical Analysis
Best Analysts Covering OGE
1 Year
1 Year Success Rate
7/7 ratings generated profit
1 Year Average Return
+8.59%
initiated a buy rating 2 months ago
Copying Julien Dumoulin Smith's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +8.59% per trade.
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