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.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Barclays decreased their price objective on OGE Energy from $43.00 to $42.00 and set an “equal weight” rating on the stock in a research note on Friday, January 24th. Evercore ISI raised OGE Energy from an “in-line” rating to an “outperform” rating and lifted their target price for the company from $40.00 to $47.00 in a research note on Tuesday, January 21st. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $45.00.

OGE Energy Price Performance

OGE traded up $0.22 on Wednesday, hitting $44.08. 2,224,114 shares of the company’s stock traded hands, compared to its average volume of 863,297. The company’s 50 day simple moving average is $41.93 and its 200-day simple moving average is $41.24. The firm has a market cap of $8.86 billion, a price-to-earnings ratio of 22.84, a P/E/G ratio of 3.25 and a beta of 0.78. OGE Energy has a one year low of $32.37 and a one year high of $44.72. The company has a current ratio of 0.86, a quick ratio of 0.51 and a debt-to-equity ratio of 1.09.

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

OGE Energy Dividend Announcement

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