OGE - OGE Energy Corp.

NYSE - Nasdaq Real Time Price. Currency in USD
32.38
-0.52 (-1.58%)
As of 3:14PM EDT. Market open.
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close32.90
Open32.78
Bid32.39 x 900
Ask32.40 x 800
Day's Range32.01 - 32.78
52 Week Range23.01 - 46.43
Volume420,258
Avg. Volume1,558,769
Market Cap6.481B
Beta (5Y Monthly)0.71
PE Ratio (TTM)N/A
EPS (TTM)-0.54
Earnings DateAug 06, 2020
Forward Dividend & Yield1.55 (4.71%)
Ex-Dividend DateJul 09, 2020
1y Target Est33.78
  • Did Hedge Funds Make The Right Call On OGE Energy Corp. (OGE) ?
    Insider Monkey

    Did Hedge Funds Make The Right Call On OGE Energy Corp. (OGE) ?

    The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]

  • We Wouldn't Be Too Quick To Buy OGE Energy Corp. (NYSE:OGE) Before It Goes Ex-Dividend
    Simply Wall St.

    We Wouldn't Be Too Quick To Buy OGE Energy Corp. (NYSE:OGE) Before It Goes Ex-Dividend

    It looks like OGE Energy Corp. (NYSE:OGE) is about to go ex-dividend in the next four days. This means that investors...

  • 3 High-Yield Dividend Stocks That Score a “Perfect 10”
    TipRanks

    3 High-Yield Dividend Stocks That Score a “Perfect 10”

    Finding the right stock plays in the current environment is a challenge for every investor. The crisis sparked by the coronavirus and the unprecedented economic shutdown policies has defied all the rules, making it difficult to predict where a given stock may head. Fortunately, TipRanks has developed the tool you need to interpret the market.The Smart Score tool takes the range of TipRanks’ raw data, sorts it by 8 separate factors that are known to predict future stock behavior, and uses it to give each stock a single-digit store, on a scale of 1 to 10, indicating whether it is likely under- or overperform the general markets.Today, we’ll look at three stocks that have earned the highest Smart Scores. These are strong investments for that reason alone; but they also offer investors solid dividend payouts. Let’s find out what else makes them so compelling.OG&E Energy Corporation (OGE)We’ll start in the energy sector, where Oklahoma Gas & Electric is regulated utility serving customers across the states of Oklahoma and Arkansas. OG&E’s status as an essential utility provider helped to insulate the company from the coronavirus recessionary pressures. While OGE reported a year-over-year dip in earnings for Q1, the results were well within the company’s historical pattern of showing lower earnings in the cooler months, when customers are not using their air conditioning. Despite the yoy drop, EPS still beat the estimates, coming in at 23 cents compared to 18 cents expected.In another positive point for investors, the company has maintained its dividend – and has done so at a time when many peers are cutting back on dividends and share repurchases to shore up liquidity. OGE paid out its regular quarterly dividend of 38.75 cents in April, and has the next payment scheduled for the end of July. At an annualized rate of $1.55, the dividend has a high yield of 5.1%.Evercore ISI analyst Durgesh Chopra sees OG&E holding an enviable position for surviving the COVID-19 pressures. In addition to the pandemic striking during the winter, rather than the peak usage months, both states where the company does business are working to restart their economies, but more importantly, the company is finding some regulatory relief. Chopra writes, “Both OK and AR have begun to reopen… OGE’s base rates include recovery of $3mm of bad debt and in ‘08 / ’09 bad debt rose to $3.1mm.""OGE has amongst the strongest balance sheets in our coverage and is attractive to us from a value perspective at a 20% discount to peers on 2022 EPS," the analyst concluded. In line with his bullish outlook, Chopra rates the stock a Buy. His price target of $35 suggests an upside potential or 15% for the coming year. (To watch Chopra’s track record, click here)Overall, OG&E gets a Moderate Buy from the analyst consensus rating, based on 7 recent reviews. These break down to 4 Buys and 3 Holds. Shares are selling for $30.36, and the average price target of $33.60 implies a one-year upside of 10%. (See OG&E’s stock analysis on TipRanks)MetLife, Inc. (MET)Next on our list is a blue-chip stalwart of the S&P 500, Metlife. This insurance company is probably familiar to most of us, at the very least from its old ad campaign featuring the Peanuts characters. But the homely nature of ads underplayed Metlife’s status as a corporate giant. The company boasted over $69 billion in revenue last year, with a full-year net income of $5.7 billion.While Metlife’s sheer size has helped the company weather the coronavirus storm, the company has still showed some mixed results in recent months. MET stock is down 28% from its February peak, and Q1 earnings showed a sharp sequential drop from Q2. However, the EPS of $1.58 was up 6.7% year-over-year, and beat the forecast by 8.9%. On the top line, the quarterly revenue of $15.5 billion was slightly better than the year-ago quarter’s $15.4 billion.Metlife is one of the market’s most reliable dividend players. The company has a long history of slowly – but steadily – increasing the quarterly payment, and it has kept to that pattern despite corona. In April, at the height of the viral pandemic, Met raised its common stock dividend by 4.5%, to a payment of 46 cents per share. At this level, the dividend features a low payout ratio of 29%, indicating that it is easily affordable. The yield, of 5.1%, is excellent, especially when compared to the 2% average yield found among MET’s S&P peers.RBC Capital analyst Mark Dwelle reviewed this stock, and reiterated his Buy rating. At $44, his price target indicates room for 20% upside growth over the next 12 months. (To watch Dwelle’s track record, click here)Supporting his thesis, Dwelle wrote, “Sound capital position and a business model that's less exposed to interest rates and market volatility than most of the group remain our top reasons to own Met. Q1 results were strong in the US… we still expect a double digit ROE, which few financials will deliver this year.”Overall, Metlife has a Strong Buy from the analyst consensus. The 7 recent reviews include 6 Buy opposed to just a single Hold. The average price target of $41.67 suggests a 14% upside from the current share price of $36.52. (See Metlife stock analysis on TipRanks)Investors Bancorp (ISBC)Last on our list is Investors Bancorp, parent company of Investors Bank. The subsidiary bank serves customers in New York and New Jersey, with over 150 branches. In a testament to the company’s strength, Investors Bancorp completed a major acquisition during the pandemic shutdowns, buying Gold Coast Bank in a deal worth $63.6 million.The merger came after the Q1 results, in which Investors missed the EPS forecast and showed a year-over-year drop. The EPS miss came even as quarterly revenue rose to $187.9 million. The company prioritized employee and customer support during the pandemic quarter.ISBC also remembered its shareholders. The most recent dividend, of 12 cents per share, was declared with the Q1 results in April, and paid out at the end of May. At 48 cents per share annualized, ISBC dividend gives a high yield of 5.7%. The company has raised the payment three times in the last three years, and has a 5-year history of keeping the payment reliable. The payout ratio is high, at 70%, but still affordable at current income levels.Janney Montgomery analyst Jake Civiello also suggests confidence in this stock. He writes, “ISBC expects to consider adding residential mortgages and multi-family loans to portfolio. All branches are open, but traffic trends are down dramatically year-over-year. Deposits have exhibited relative strength, in particular munis versus expectations, leaving excess funding on the balance sheet…”Civiello gives the stock a Buy rating with an $11 price target that indicates a strong 29% upside potential. (To watch Civiello’s track record, click here)The Strong Buy analyst consensus on ISBC shares is unanimous, based on 6 Buy ratings. The stock is priced at $8.50, and its $10.88 average price target implies a 28% one-year upside. (See ISBC stock analysis on TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

  • OGE Energy Corp.: Attractive Value Above-Average Dividend Yield
    Insider Monkey

    OGE Energy Corp.: Attractive Value Above-Average Dividend Yield

    Utility stocks should be primarily thought of as income investments. To a certain extent they can be considered as bond alternatives. Not bond replacements, instead, an alternative income producing asset that has advantages and disadvantages over fixed income and common stocks in general. For starters, most utility stocks are regulated and therefore operate with government regulatory […]

  • Hedge Funds Are Betting On OGE Energy Corp. (OGE)
    Insider Monkey

    Hedge Funds Are Betting On OGE Energy Corp. (OGE)

    Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]

  • OGE Energy (OGE) Up 14.7% Since Last Earnings Report: Can It Continue?
    Zacks

    OGE Energy (OGE) Up 14.7% Since Last Earnings Report: Can It Continue?

    OGE Energy (OGE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • OG&E customers to see bill reduction
    PR Newswire

    OG&E customers to see bill reduction

    OG&E; today announced that it will lower its monthly fuel cost recovery, effective with the first customer billing cycle in June. On average, residential customers in Oklahoma will see a reduction of $5 per month.

  • OGE Energy Corp holds virtual annual meeting
    PR Newswire

    OGE Energy Corp holds virtual annual meeting

    OGE Energy Corp. (NYSE: OGE) held its 2020 Annual Meeting of Shareholders today virtually via the internet in support of the health and well-being of all company stakeholders, including shareholders, company personnel and local communities.

  • Thomson Reuters StreetEvents

    Edited Transcript of OGE earnings conference call or presentation 7-May-20 1:00pm GMT

    Q1 2020 OGE Energy Corp Earnings Call

  • OGE Energy (OGE) Q1 Earnings Top Estimates, Revenues Drop Y/Y
    Zacks

    OGE Energy (OGE) Q1 Earnings Top Estimates, Revenues Drop Y/Y

    OGE Energy's (OGE) Q1 revenues of $431.3 million decline12% year over year, primarily on account of lower revenues from contracts.

  • OGE Energy (OGE) Q1 2020 Earnings Call Transcript
    Motley Fool

    OGE Energy (OGE) Q1 2020 Earnings Call Transcript

    Ladies and gentlemen, thank you for standing by, and welcome to the Q1 2020 OGE Energy earnings conference call. Thank you, operator, and good morning, everyone, and welcome to OGE Energy Corp.'s first-quarter 2020 earnings call.

  • Is OGE Energy Corp.'s (NYSE:OGE) CEO Being Overpaid?
    Simply Wall St.

    Is OGE Energy Corp.'s (NYSE:OGE) CEO Being Overpaid?

    In 2015, Robert Trauschke was appointed CEO of OGE Energy Corp. (NYSE:OGE). This report will, first, examine the CEO...

  • How Does OGE Energy's (NYSE:OGE) P/E Compare To Its Industry, After The Share Price Drop?
    Simply Wall St.

    How Does OGE Energy's (NYSE:OGE) P/E Compare To Its Industry, After The Share Price Drop?

    Unfortunately for some shareholders, the OGE Energy (NYSE:OGE) share price has dived 30% in the last thirty days...

  • Moody's

    CenterPoint Energy, Inc. -- Moody's changes CenterPoint Energy outlook to negative, affirms ratings

    Moody's Investors Service, ("Moody's") today affirmed the ratings of CenterPoint Energy, Inc. (CenterPoint), including its Baa2 senior unsecured rating and Prime-2 short-term rating for commercial paper, and changed the rating outlook to negative from stable. "CenterPoint's loss of $155 million of cash flow from its Enable Midstream investment results in less cash flow serving the same debt load" said Robert Petrosino, Vice President -- Senior Analyst.

  • OGE Energy Corp. supports Enable's actions to strengthen balance sheet and improve liquidity
    PR Newswire

    OGE Energy Corp. supports Enable's actions to strengthen balance sheet and improve liquidity

    OGE Energy Corp. (NYSE: OGE) announced today its support of the recent decision by Enable Midstream Partners, LP (NYSE: ENBL) to increase its annualized retained cash flow by approximately $450 million. OGE also reconfirmed the strength of its own balance sheet, credit metrics and liquidity position.

  • Thomson Reuters StreetEvents

    Edited Transcript of OGE earnings conference call or presentation 27-Feb-20 2:00pm GMT

    Q4 2019 OGE Energy Corp Earnings Call

  • Should You Buy OGE Energy Corp. (OGE)?
    Insider Monkey

    Should You Buy OGE Energy Corp. (OGE)?

    Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]

  • What Is OGE Energy's (NYSE:OGE) P/E Ratio After Its Share Price Tanked?
    Simply Wall St.

    What Is OGE Energy's (NYSE:OGE) P/E Ratio After Its Share Price Tanked?

    To the annoyance of some shareholders, OGE Energy (NYSE:OGE) shares are down a considerable 34% in the last month...

  • OGE Energy Corp. Just Released Its Full-Year Results And Analysts Are Updating Their Estimates
    Simply Wall St.

    OGE Energy Corp. Just Released Its Full-Year Results And Analysts Are Updating Their Estimates

    As you might know, OGE Energy Corp. (NYSE:OGE) last week released its latest full-year, and things did not turn out so...

  • Is There An Opportunity With OGE Energy Corp.'s (NYSE:OGE) 41% Undervaluation?
    Simply Wall St.

    Is There An Opportunity With OGE Energy Corp.'s (NYSE:OGE) 41% Undervaluation?

    In this article we are going to estimate the intrinsic value of OGE Energy Corp. (NYSE:OGE) by estimating the...

  • OGE Energy Corp. fourth quarter/year-end 2019 earnings webcast
    PR Newswire

    OGE Energy Corp. fourth quarter/year-end 2019 earnings webcast

    OGE Energy Corp. (NYSE: OGE) will hold its quarterly conference call to discuss fourth quarter and year-end 2019 results at 9 a.m. Eastern Time (8 a.m. Central Time), Thursday, Feb. 27, 2020.

  • ONEOK (OKE) to Reward Shareholders With 2.2% Dividend Hike
    Zacks

    ONEOK (OKE) to Reward Shareholders With 2.2% Dividend Hike

    ONEOK's (OKE) long-term fee-based commitments enable it to pay out dividends systematically.

  • Is OGE Energy Corp.’s (NYSE:OGE) 4.8% Return On Capital Employed Good News?
    Simply Wall St.

    Is OGE Energy Corp.’s (NYSE:OGE) 4.8% Return On Capital Employed Good News?

    Today we'll evaluate OGE Energy Corp. (NYSE:OGE) to determine whether it could have potential as an investment idea...

  • The Zacks Analyst Blog Highlights: Procter & Gamble, Enterprise Products, UBS, Cintas and OGE
    Zacks

    The Zacks Analyst Blog Highlights: Procter & Gamble, Enterprise Products, UBS, Cintas and OGE

    The Zacks Analyst Blog Highlights: Procter & Gamble, Enterprise Products, UBS, Cintas and OGE

  • Top Analyst Reports for Procter & Gamble, Enterprise Products & UBS Group
    Zacks

    Top Analyst Reports for Procter & Gamble, Enterprise Products & UBS Group

    Top Analyst Reports for Procter & Gamble, Enterprise Products & UBS Group