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

OGE Energy (NYSE:OGE) will be issuing its quarterly earnings data before the market opens on Thursday, February 22nd. Analysts expect the company to announce earnings of $0.28 per share for the quarter.

Shares of OGE Energy (NYSE OGE) opened at $30.78 on Thursday. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.63 and a quick ratio of 0.46. The company has a market capitalization of $6,150.00, a PE ratio of 16.12, a PEG ratio of 2.89 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 business also recently declared a quarterly dividend, which was paid on Tuesday, January 30th. Stockholders of record on Wednesday, January 10th were paid a $0.3325 dividend. The ex-dividend date was Tuesday, January 9th. This represents a $1.33 dividend on an annualized basis and a dividend yield of 4.32%. OGE Energy’s dividend payout ratio (DPR) is presently 69.63%.

A number of analysts recently issued reports on the company. Bank of America raised OGE Energy from an “underperform” rating to a “neutral” rating in a research note on Thursday, January 18th. They noted that the move was a valuation call. UBS Group assumed coverage on OGE Energy in a research note on Friday, February 2nd. They set a “neutral” rating and a $33.00 target price for the company. Zacks Investment Research cut OGE Energy from a “hold” rating to a “sell” rating in a research note on Friday, December 22nd. Edward Jones cut OGE Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, December 27th. Finally, Goldman Sachs Group raised OGE Energy from a “neutral” rating to a “buy” rating and set a $38.00 target price for the company in a research note on Wednesday, January 10th. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average 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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