OGE Energy (OGE) Scheduled to Post Quarterly Earnings on Thursday

OGE Energy (NYSE:OGE) is set to post its quarterly earnings results before the market opens on Thursday, February 22nd. Analysts expect OGE Energy to post earnings of $0.28 per share for the quarter.

Shares of OGE Energy (NYSE OGE) opened at $31.56 on Tuesday. The company has a market capitalization of $6,300.00, a PE ratio of 16.52, a P/E/G ratio of 2.94 and a beta of 0.84. OGE Energy has a 52-week low of $29.59 and a 52-week high of $37.40. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.46 and a current ratio of 0.63.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 30th. Investors of record on Wednesday, January 10th were given a dividend of $0.3325 per share. This represents a $1.33 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date of this dividend was Tuesday, January 9th. OGE Energy’s dividend payout ratio is presently 69.63%.

A number of analysts recently commented on the company. Zacks Investment Research upgraded OGE Energy from a “sell” rating to a “hold” rating in a research report on Monday. UBS Group began coverage on OGE Energy in a report on Friday, February 2nd. They issued a “neutral” rating and a $33.00 price target for the company. Bank of America began coverage on OGE Energy in a report on Tuesday, October 24th. They issued an “underperform” rating and a $37.00 price target for the company. Goldman Sachs Group upgraded OGE Energy from a “neutral” rating to a “buy” rating and set a $38.00 price target for the company in a report on Wednesday, January 10th. Finally, Edward Jones cut OGE Energy from a “buy” rating to a “hold” rating in a report on Wednesday, December 27th. Seven research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. OGE Energy currently has a consensus rating of “Hold” and a consensus price target of $36.67.

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OGE Energy Company Profile

OGE Energy Corp. (OGE Energy) is an energy and energy services provider offering physical delivery and related services for both electricity and natural gas primarily in the south central United States. The Company operates through two segments: electric utility and natural gas midstream operations. The electric utility segment generates, transmits, distributes and sells electric energy in Oklahoma and western Arkansas.

Earnings History for OGE Energy (NYSE:OGE)

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