OGE Energy Corp with ticker code (OGE) have now 7 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The range between the high target price and low target price is between 36.56 and 32.11 with the average target price sitting at $34.27. Given that the stocks previous close was at $37.09 this would indicate that there is a downside of -7.6%. The 50 day moving average now sits at $36.83 and the 200 moving average now moves to $38.57. The market capitalization for the company is $7,557m. Company Website: https://www.ogeenergy.com
The potential market cap would be $6,982m based on the market consensus.
OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services in the United States. It operates through Electric Company Operations and Natural Gas Midstream segments. The company generates, transmits, distributes, and sells electric energy. In addition, it provides retail electric service to approximately 889,000 customers, which covers a service area of approximately 30,000 square miles in Oklahoma and western Arkansas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. OGE Energy Corp. was founded in 1902 and is headquartered in Oklahoma City, Oklahoma.
The company has a dividend yield of 4.47% with the ex dividend date set at 6-4-2023 (DMY).
Other points of data to note are a P/E ratio of 11.16, revenue per share of 16.86 and a 3.16% return on assets.
