OGE

OGE Energy Corp

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44.860

-0.06(-0.134%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

45.1493

Open

44.890

VWAP

44.90

Vol

1.09M

Mkt Cap

9.03B

Low

44.780

Amount

48.80M

EV/EBITDA(TTM)

11.01

Total Shares

200.55M

14.89B

EV/OCF(TTM)

19.97

P/S(TTM)

2.88

OGE Energy Corp. is a holding company whose primary investment provides electricity in Oklahoma and western Arkansas. The Company reports its operations primarily through a single segment, the electric company. Its electric company operations are conducted through its wholly-owned subsidiary, Oklahoma Gas and Electric Company (OG&E), which generates, transmits, distributes, and sells electric energy in Oklahoma and western Arkansas. OG&E provides retail electric service to approximately 907,000 customers in Oklahoma and western Arkansas throughout a service area that covers 30,000 square miles, including Oklahoma City, Fort Smith, Arkansas, and other large communities with their contiguous rural and suburban areas. The Company’s other operations primarily include the operations of the holding company and other energy-related investments.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

0.277

-44.62%

1.174

+7.68%

0.559

+9.61%

Estimates Revision

The market is revising Upward the revenue expectations for OGE Energy Corp. (OGE) for FY2025, with the revenue forecasts being adjusted by 1.7% over the past three months. During the same period, the stock price has changed by -1.34%.

Revenue Estimates for FY2025

Revise Upward

+1.7%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-0.09%

In Past 3 Month

Stock Price

Go Down

-1.34%

In Past 3 Month

8 Analyst Rating

3.23% Upside

Wall Street analysts forecast OGE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OGE is 46.31 USD with a low forecast of 42.50 USD and a high forecast of 52.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Buy

5 Hold

0 Sell

Moderate Buy

3.23% Upside

Current: 44.860

Low

42.50

Averages

46.31

High

52.00

3.23% Upside

Current: 44.860

Low

42.50

Averages

46.31

High

52.00

Barclays

Nicholas Campanella

Equal Weight -> Overweight

upgrade

$45 -> $47

2025-06-05

Reason

Barclays

Nicholas Campanella

Price Target

$45 -> $47

2025-06-05

upgrade

Equal Weight -> Overweight

Reason

Barclays analyst Nicholas Campanella upgraded OGE Energy to Overweight from Equal Weight with a price target of $47, up from $45. The firm say positive data points have transpired for OGE since the Q1 report. This surrounds SB 998 legislation, which fundamentally changes OGE's ability to accelerate its capex program, with less frequent rate filings and improved cash recovery for large gas investments in the back-half of the decade, the analyst tells investors in a research note. Barclays says its recent meeting with management reinforced its confidence on the shares. It sees an an attractive entry point at current share levels.

Barclays

Nicholas Campanella

Hold

Maintains

$44 → $45

2025-04-22

Reason

Barclays

Nicholas Campanella

Price Target

$44 → $45

2025-04-22

Maintains

Hold

Reason

Barclays raised the firm's price target on OGE Energy to $45 from $44 and keeps an Equal Weight rating on the shares. The firm adjusted utilities and power sector models heading into Q1 earnings to reflect the macro positioning and updated thoughts on the U.S. utilities tariff outlook. The sector poised to a continue to re-rate on an absolute basis given the defensive characteristics of the industry, the analyst tells investors in a research note.

Argus Research

Gary Hovis

Hold

Strong Buy

Upgrades

$47

2025-04-11

Reason

Argus Research

Gary Hovis

Price Target

$47

2025-04-11

Upgrades

Hold

Strong Buy

Reason

Argus upgraded OGE Energy to Buy from Hold with a $47 price target.

Evercore ISI Group

Durgesh Chopra

Hold

Buy

Upgrades

$40 → $47

2025-01-21

Reason

Evercore ISI Group

Durgesh Chopra

Price Target

$40 → $47

2025-01-21

Upgrades

Hold

Buy

Reason

Evercore ISI upgraded OGE Energy to Outperform from In Line with a price target of $47, up from $40. The firm maintains a positive outlook for the power and utilities group, saying improving fundamentals and a favorable valuation backdrop should support outperformance through the first half of 2025. Factors such as inflation moderating, potential future interest rate cuts, and rising electricity demand are expected to act as tailwinds, the analyst tells investors in a research note. Evercore anticipates elevated investment in utility infrastructure, particularly driven by data centers, with more deals and announcements expected in 2025. It upgraded four names after rolling out 2024 earnings forecasts.

Barclays

Nicholas Campanella

Hold

Maintains

$39 → $42

2024-10-21

Reason

Barclays

Nicholas Campanella

Price Target

$39 → $42

2024-10-21

Maintains

Hold

Reason

Jefferies

Julien Dumoulin-Smith

Strong Buy

Initiates

$46

2024-09-19

Reason

Jefferies

Julien Dumoulin-Smith

Price Target

$46

2024-09-19

Initiates

Strong Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for OGE Energy Corp (OGE.N) is 19.47, compared to its 5-year average forward P/E of 16.35. For a more detailed relative valuation and DCF analysis to assess OGE Energy Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Overvalued

5Y Average PE

16.35

Current PE

19.47

Overvalued PE

18.14

Undervalued PE

14.57

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

10.71

Current EV/EBITDA

10.44

Overvalued EV/EBITDA

11.88

Undervalued EV/EBITDA

9.55

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Overvalued

5Y Average PS

2.40

Current PS

2.78

Overvalued PS

2.70

Undervalued PS

2.10