OGE Energy (NYSE:OGE) Updates FY25 Earnings Guidance

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

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Barclays reduced their price target on OGE Energy from $43.00 to $42.00 and set an “equal weight” rating for the company in a report on Friday, January 24th. Evercore ISI raised OGE Energy from an “in-line” rating to an “outperform” rating and increased their price target for the company from $40.00 to $47.00 in a report on Tuesday, January 21st. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, OGE Energy currently has a consensus rating of “Hold” and a consensus target price of $45.00.

OGE Energy Price Performance

Shares of OGE stock traded down $0.29 during mid-day trading on Thursday, hitting $43.73. 142,305 shares of the stock traded hands, compared to its average volume of 860,088. OGE Energy has a twelve month low of $32.37 and a twelve month high of $44.72. The firm has a market cap of $8.79 billion, a price-to-earnings ratio of 22.61, a price-to-earnings-growth ratio of 3.28 and a beta of 0.78. The company’s 50-day simple moving average is $42.01 and its 200-day simple moving average is $41.29. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.51 and a current ratio of 0.86.

OGE Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Monday, April 7th will be paid a dividend of $0.4213 per share. This represents a $1.69 annualized dividend and a dividend yield of 3.85%. OGE Energy’s dividend payout ratio is presently 87.05%.

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.