News stories about OGE Energy (NYSE:OGE) have trended somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. OGE Energy earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned press coverage about the utilities provider an impact score of 46.5515614887704 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

OGE has been the topic of several recent analyst reports. BidaskClub upgraded shares of OGE Energy from a “hold” rating to a “buy” rating in a report on Tuesday, August 22nd. Wells Fargo & Company lowered shares of OGE Energy from an “outperform” rating to a “market perform” rating and set a $38.00 price objective on the stock. in a report on Friday, October 6th. Bank of America initiated coverage on shares of OGE Energy in a report on Tuesday, October 24th. They set an “underperform” rating and a $37.00 price objective on the stock. Finally, KeyCorp reiterated a “hold” rating on shares of OGE Energy in a report on Friday, September 1st. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company. OGE Energy currently has a consensus rating of “Hold” and an average price target of $36.67.

OGE Energy (NYSE OGE) traded up $0.30 during midday trading on Friday, reaching $34.15. 1,818,889 shares of the company traded hands, compared to its average volume of 884,188. OGE Energy has a 52-week low of $32.56 and a 52-week high of $37.40. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.63 and a quick ratio of 0.46. The stock has a market capitalization of $6,819.93, a price-to-earnings ratio of 17.88, a price-to-earnings-growth ratio of 3.90 and a beta of 0.90.

OGE Energy (NYSE:OGE) last posted its quarterly earnings results on Thursday, November 2nd. The utilities provider reported $0.92 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.93 by ($0.01). OGE Energy had a net margin of 16.69% and a return on equity of 10.92%. The business had revenue of $716.80 million during the quarter, compared to analysts’ expectations of $728.18 million. During the same quarter in the previous year, the business posted $0.92 EPS. The company’s quarterly revenue was down 3.6% on a year-over-year basis. sell-side analysts anticipate that OGE Energy will post 1.88 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 30th. Investors of record on Wednesday, January 10th will be issued a $0.3325 dividend. The ex-dividend date is Tuesday, January 9th. This represents a $1.33 annualized dividend and a yield of 3.89%. OGE Energy’s payout ratio is 69.63%.

In related news, VP Patricia D. Horn sold 10,051 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $35.56, for a total value of $357,413.56. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.48% of the company’s stock.

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About OGE Energy

OGE Energy Corp. (OGE Energy) is an energy and energy services provider offering physical delivery and related services for both electricity and natural gas primarily in the south central United States. The Company operates through two segments: electric utility and natural gas midstream operations. The electric utility segment generates, transmits, distributes and sells electric energy in Oklahoma and western Arkansas.

Insider Buying and Selling by Quarter for OGE Energy (NYSE:OGE)

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