(NYSE:OGE) during the fourth quarter, according to its most recent filing with the SEC. The stock presently has an average rating of "Hold" and an average target price of $36.67. Janus Henderson Group PLC owned 0.45% of OGE Energy worth $32,098,000 at the end of the most recent reporting period.
Among 10 analysts covering OGE Energy (NYSE:OGE), 2 have Buy rating, 1 Sell and 7 Hold. OLD Republic International Corp increased its stake in shares of OGE Energy Corp.by 55.5% in the third quarter. Vident Investment Advisory LLC now owns 18,476 shares of the utilities provider's stock worth $666,000 after purchasing an additional 3,016 shares during the last quarter. Boothbay Fund Management LLC purchased a new position in shares of OGE Energy in the 3rd quarter worth about $216,000. Ubs Asset Management Americas Inc holds 0.02% or 690,947 shares in its portfolio. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in OGE Energy by 4.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 63,482 shares of the utilities provider's stock valued at $2,287,000 after acquiring an additional 3,558 shares during the last quarter. Krilogy Financial LLC lifted its position in OGE Energy by 133.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,821,238 shares of the utilities provider's stock valued at $101,650,000 after purchasing an additional 12,373 shares during the last quarter. Institutional investors and hedge funds own 62.22% of the company's stock.
The previous rating of a "Neutral" for OGE Energy (NYSE:OGE) has been discontinued as Goldman Sachs upgraded OGE's current rating to a respectable "Buy". Zacks Investment Research lowered shares of OGE Energy from a "hold" rating to a "sell" rating in a report on Friday, December 22nd. The stock has "Sell" rating by Bank of America on Tuesday, October 24. Finally, Wells Fargo & Co cut OGE Energy from an "outperform" rating to a "market perform" rating and set a $38.00 price objective for the company.in a research report on Friday, October 6th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. The company now has an average rating of "Hold" and a consensus price target of $36.67. OGE Energy has a fifty-two week low of $30.88 and a fifty-two week high of $37.40. (NYSE:OGE) is -1.489178. Free cash flow (FCF) is the cash produced by the company minus capital expenditure. The company's stock had a trading volume of 1,425,257 shares, compared to its average volume of 1,438,667. The company has a market cap of $6,490.42, a P/E ratio of 16.81, a P/E/G ratio of 3.79 and a beta of 0.90. 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 price to earnings ratio for OGE Energy Corp. The utilities provider reported $0.92 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.93 by ($0.01). The firm had revenue of $716.80 million for the quarter, compared to analysts' expectations of $728.18 million.
Creative Planning has invested 0.01% in OGE Energy Corp.
CNX Resources Corporation (CNX) have shown a high EPS growth of -22.80% in the last 5 years and has earnings decline of -50.90% yoy.
OGE Energy Corp. (NYSE:OGE), stock is trading $37.40 above the 52-week high and has displayed a high EPS growth of -0.40% in last 5 years.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 30th. Stockholders of record on Wednesday, January 10th will be paid a dividend of $0.3325 per share. The ex-dividend date is Tuesday, January 9th. This represents a $1.21 dividend on an annualized basis and a dividend yield of 3.62%. Asset Mgmt Inc holds 0.03% in OGE Energy Corp.
In other news, VP Patricia D. Horn sold 10,051 shares of OGE Energy stock in a transaction dated Wednesday, November 15th.
The Price to book ratio is the current share price of a company divided by the book value per share. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. A 4 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NASDAQ:CZR) or, if they already own its stock, sell it.
The collective rating of 2.7 for OGE Energy Corp. "(NYSE:OGE)" was first published by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of US and global copyright and trademark law.
OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services well-known provider that offers physical delivery and related services for electricity and natural gas primarily in the south central United States.