OGE Energy (NYSE:OGE) posted its quarterly earnings results on Thursday. The utilities provider reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02), MarketWatch Earnings reports. OGE Energy had a return on equity of 10.87% and a net margin of 27.77%. The business had revenue of $567.00 million for the quarter, compared to the consensus estimate of $592.64 million. During the same quarter in the previous year, the business posted $0.52 EPS. The company’s revenue for the quarter was down 3.3% on a year-over-year basis. OGE Energy updated its FY18 guidance to $1.90 to $2.05 EPS.
OGE stock traded up $0.01 during mid-day trading on Friday, hitting $36.89. 1,455,600 shares of the company were exchanged, compared to its average volume of 1,599,192. The company has a quick ratio of 0.24, a current ratio of 0.41 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $7.26 billion, a PE ratio of 19.31, a price-to-earnings-growth ratio of 3.75 and a beta of 0.66. OGE Energy has a 1-year low of $29.59 and a 1-year high of $37.37.
The business also recently disclosed a quarterly dividend, which was paid on Monday, July 30th. Shareholders of record on Tuesday, July 10th were given a dividend of $0.3325 per share. The ex-dividend date was Monday, July 9th. This represents a $1.33 annualized dividend and a yield of 3.61%. OGE Energy’s dividend payout ratio (DPR) is presently 69.27%.
About OGE Energy
OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity and natural gas primarily in the south central United States. The company operates in two segments, Electric Utility and Natural Gas Midstream Operations.
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