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

OGE Energy (NYSE:OGE) is scheduled to be posting 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.

OGE Energy (NYSE OGE) opened at $30.78 on Thursday. OGE Energy has a 12-month low of $29.59 and a 12-month 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 firm has a market capitalization of $6,150.00, a P/E ratio of 16.12, a price-to-earnings-growth ratio of 2.89 and a beta of 0.84.

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 30th. Shareholders 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 4.32%. The ex-dividend date of this dividend was Tuesday, January 9th. OGE Energy’s dividend payout ratio (DPR) is currently 69.63%.

A number of equities analysts have weighed in on the company. Bank of America assumed coverage on OGE Energy in a research report on Tuesday, October 24th. They set an “underperform” rating and a $37.00 price target for the company. Edward Jones downgraded OGE Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, December 27th. Zacks Investment Research downgraded OGE Energy from a “hold” rating to a “sell” rating in a research report on Friday, December 22nd. UBS Group assumed coverage on OGE Energy in a research report on Friday, February 2nd. They set a “neutral” rating and a $33.00 price target for the company. Finally, Goldman Sachs Group raised OGE Energy from a “neutral” rating to a “buy” rating and set a $38.00 price target for the company in a research report on Wednesday, January 10th. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $36.67.

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About OGE Energy

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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