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

Several brokerages recently commented on OGE. Evercore ISI upgraded shares of 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. Barclays dropped their price objective on shares of OGE Energy from $43.00 to $42.00 and set an “equal weight” rating on the stock in a report on Friday, January 24th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $45.00.

OGE Energy Price Performance

NYSE OGE traded up $0.22 on Wednesday, reaching $44.08. The company’s stock had a trading volume of 2,224,123 shares, compared to its average volume of 883,394. The firm has a market cap of $8.86 billion, a PE ratio of 22.84, a price-to-earnings-growth ratio of 3.25 and a beta of 0.78. The business 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 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 posted its earnings results on Wednesday, February 19th. The utilities provider reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.03. The business had revenue of $760.50 million for the quarter, compared to analysts’ expectations of $750.80 million. OGE Energy had a net margin of 13.89% and a return on equity of 8.59%. The firm’s revenue for the quarter was up 34.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.24 earnings per share. Sell-side analysts expect that OGE Energy will post 2.17 EPS for the current year.

OGE Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Investors 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 currently 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.