OGE Energy (NYSE:OGE) Releases FY25 Earnings Guidance

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on OGE. Barclays dropped their target price 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 upgraded OGE Energy from an “in-line” rating to an “outperform” rating and lifted their target price for the stock from $40.00 to $47.00 in a report on Tuesday, January 21st. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $45.00.

OGE Energy Trading Up 0.5 %

OGE traded up $0.22 during trading hours on Wednesday, reaching $44.08. 2,224,114 shares of the company’s stock traded hands, compared to its average volume of 863,297. The firm has a 50-day moving average price of $41.93 and a 200 day moving average price of $41.24. OGE Energy has a 52-week low of $32.37 and a 52-week high of $44.72. The company has a quick ratio of 0.51, a current ratio of 0.86 and a debt-to-equity ratio of 1.09. The firm has a market capitalization of $8.86 billion, a PE ratio of 22.84, a PEG ratio of 3.25 and a beta of 0.78.

OGE Energy (NYSE:OGE) last posted its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.03. The company had revenue of $760.50 million during the quarter, compared to analysts’ expectations of $750.80 million. OGE Energy had a return on equity of 8.59% and a net margin of 13.89%. OGE Energy’s revenue was up 34.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.24 EPS. As a group, sell-side analysts predict that OGE Energy will post 2.17 EPS for the current fiscal year.

OGE Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Monday, April 7th will be given a dividend of $0.4213 per share. This represents a $1.69 dividend on an annualized basis and a yield of 3.82%. OGE Energy’s dividend payout ratio (DPR) is presently 87.05%.

OGE Energy Company Profile

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.