In other words, the price has increased by $0.00 from its previous closing price. On the day, 1155364 shares were traded.
Ratios:
For a better understanding of OGE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 33134.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 122.49. For the most recent quarter (mrq), Quick Ratio is recorded 0.30 and its Current Ratio is at 0.65. In the meantime, Its Debt-to-Equity ratio is 1.08 whereas as Long-Term Debt/Eq ratio is at 0.97.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Ladenburg Thalmann on January 16, 2024, Downgraded its rating to Neutral and sets its target price to $34 from $36 previously.
On August 23, 2023, Barclays started tracking the stock assigning a Overweight rating and target price of $36.
Ladenburg Thalmann Upgraded its Neutral to Buy on June 15, 2023, whereas the target price for the stock was revised from $37 to $39.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 06 ’24 when McQuistion Cristina F sold 4,187 shares for $33.92 per share. The transaction valued at 142,006 led to the insider holds 25,926 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OGE now has a Market Capitalization of 6.63B and an Enterprise Value of 11.47B. As of this moment, Oge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.94, and their Forward P/E ratio for the next fiscal year is 14.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.48 while its Price-to-Book (P/B) ratio in mrq is 1.47. Its current Enterprise Value per Revenue stands at 4.29 whereas that against EBITDA is 9.50.
Stock Price History:
Over the past 52 weeks, OGE has reached a high of $38.95, while it has fallen to a 52-week low of $31.25. The 50-Day Moving Average of the stock is 33.46, while the 200-Day Moving Average is calculated to be 34.39.
Shares Statistics:
Over the past 3-months, OGE traded about 1.58M shares per day on average, while over the past 10 days, OGE traded about 1.44M shares per day. A total of 200.30M shares are outstanding, with a floating share count of 199.31M. Insiders hold about 0.51% of the company’s shares, while institutions hold 72.72% stake in the company. Shares short for OGE as of Mar 28, 2024 were 5.81M with a Short Ratio of 3.67, compared to 4.54M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.90% and a Short% of Float of 3.78%.
Dividends & Splits
OGE’s forward annual dividend rate is 1.67, up from 1.66 a year ago. Against a Trailing Annual Dividend Yield of 5.02%, it implies a Forward Annual Dividend Yield of 5.06%. The stock’s 5-year Average Dividend Yield is 4.42. The current Payout Ratio is 80.23% for OGE, which recently paid a dividend on Apr 26, 2024 with an ex-dividend date of Apr 05, 2024. Stock splits for the company last occurred on Jul 02, 2013 when the company split stock in a 2:1 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 4 analysts. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.32 and a low estimate of -$0.64, while EPS last year was $0.19. The consensus estimate for the next quarter is $0.73, with high estimates of $1.35 and low estimates of $0.45.
Analysts are recommending an EPS of between $2.15 and $2.12 for the fiscal current year, implying an average EPS of $2.13. EPS for the following year is $2.27, with 9 analysts recommending between $2.35 and $2.24.
Revenue Estimates
1 analysts predict $697M in revenue for the current quarter. It ranges from a high estimate of $697M to a low estimate of $697M. As of the current estimate, Oge Energy Corp.’s year-ago sales were $556.82M, an estimated increase of 25.20% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $751M, an increase of 24.10% less than the figure of $25.20% in the same quarter last year. There is a high estimate of $751M for the next quarter, whereas the lowest estimate is $751M.
A total of 6 analysts have provided revenue estimates for OGE’s current fiscal year. The highest revenue estimate was $3.12B, while the lowest revenue estimate was $2.76B, resulting in an average revenue estimate of $2.89B. In the same quarter a year ago, actual revenue was $2.67B, up 8.10% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $2.99B in the next fiscal year. The high estimate is $3.29B and the low estimate is $2.86B. The average revenue growth estimate for next year is up 3.50% from the average revenue estimate for this year.
