Is OGE Energy Stock a Good Investment?
OGE Energy Investment Advice | OGE |
- Examine OGE Energy's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research OGE Energy's leadership team and their track record. Good management can help OGE Energy navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electric Utilities space and any emerging trends that could impact OGE Energy's business and its evolving consumer preferences.
- Compare OGE Energy's performance and market position to its competitors. Analyze how OGE Energy is positioned in terms of product offerings, innovation, and market share.
- Check if OGE Energy pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about OGE Energy's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in OGE Energy stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if OGE Energy is a good investment.
Sell | Buy |
Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine OGE Energy Stock
Researching OGE Energy's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 72.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.88. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. OGE Energy last dividend was issued on the 7th of October 2024. The entity had 2:1 split on the 2nd of July 2013.
To determine if OGE Energy is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding OGE Energy's research are outlined below:
| OGE Energy has 4.84 B in debt with debt to equity (D/E) ratio of 1.17, which is OK given its current industry classification. OGE Energy has a current ratio of 0.78, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for OGE to invest in growth at high rates of return. | |
| OGE Energy has a strong financial position based on the latest SEC filings | |
| About 72.0% of OGE Energy shares are owned by institutional investors | |
| On 25th of October 2024 OGE Energy paid $ 0.4213 per share dividend to its current shareholders | |
| Latest headline from news.google.com: OGE Energy Corp. Shares Sold by Ontario Teachers Pension Plan Board - MarketBeat |
OGE Energy uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in OGE Energy. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to OGE Energy's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact OGE Energy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises OGE Energy's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2005-05-04 | 2005-03-31 | 0.04 | 0.03 | -0.01 | 25 | ||
2002-04-29 | 2002-03-31 | -0.05 | -0.04 | 0.01 | 20 | ||
2000-01-24 | 1999-12-31 | 0.07 | 0.08 | 0.01 | 14 | ||
1999-01-25 | 1998-12-31 | 0.08 | 0.07 | -0.01 | 12 | ||
1996-01-29 | 1995-12-31 | 0.04 | 0.03 | -0.01 | 25 | ||
1995-01-30 | 1994-12-31 | 0.04 | 0.03 | -0.01 | 25 | ||
2024-05-01 | 2024-03-31 | 0.11 | 0.09 | -0.02 | 18 | ||
2023-05-04 | 2023-03-31 | 0.17 | 0.19 | 0.02 | 11 |
Know OGE Energy's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as OGE Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading OGE Energy backward and forwards among themselves. OGE Energy's institutional investor refers to the entity that pools money to purchase OGE Energy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Dimensional Fund Advisors, Inc. | 2024-09-30 | 2.2 M | Macquarie Group Ltd | 2024-06-30 | 2.1 M | Amvescap Plc. | 2024-06-30 | 2 M | Duff & Phelps Inv Mgmt Co (il) | 2024-06-30 | 2 M | Franklin Resources Inc | 2024-06-30 | 1.8 M | Artisan Partners Limited Partnership | 2024-06-30 | 1.7 M | Norges Bank | 2024-06-30 | 1.7 M | Cbre Investment Management Listed Real Assets Llc | 2024-06-30 | 1.6 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.3 M | Blackrock Inc | 2024-06-30 | 25.4 M | Vanguard Group Inc | 2024-09-30 | 21.2 M |
OGE Energy's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 8.66 B.Market Cap |
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OGE Energy's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.04 | |
| Return On Capital Employed | 0.06 | 0.09 | |
| Return On Assets | 0.03 | 0.04 | |
| Return On Equity | 0.09 | 0.13 |
Determining OGE Energy's profitability involves analyzing its financial statements and using various financial metrics to determine if OGE Energy is a good buy. For example, gross profit margin measures OGE Energy's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of OGE Energy's profitability and make more informed investment decisions.
Please note, the presentation of OGE Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, OGE Energy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of OGE Energy's management manipulating its earnings.
Evaluate OGE Energy's management efficiency
OGE Energy has Return on Asset of 0.0317 % which means that on every $100 spent on assets, it made $0.0317 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0847 %, implying that it generated $0.0847 on every 100 dollars invested. OGE Energy's management efficiency ratios could be used to measure how well OGE Energy manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.04. The current year's Return On Capital Employed is expected to grow to 0.09. At present, OGE Energy's Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 366.1 M, whereas Non Current Assets Total are forecasted to decline to about 7.2 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 22.52 | 23.65 | |
| Tangible Book Value Per Share | 20.78 | 10.47 | |
| Enterprise Value Over EBITDA | 9.86 | 7.46 | |
| Price Book Value Ratio | 1.55 | 1.46 | |
| Enterprise Value Multiple | 9.86 | 7.46 | |
| Price Fair Value | 1.55 | 1.46 | |
| Enterprise Value | 3.4 B | 2.6 B |
At OGE Energy, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Dividend Yield 0.039 | Forward Dividend Yield 0.039 | Forward Dividend Rate 1.69 | Beta 0.735 |
Basic technical analysis of OGE Stock
As of the 22nd of November, OGE Energy holds the Risk Adjusted Performance of 0.1193, mean deviation of 0.777, and Semi Deviation of 0.7679. In respect to fundamental indicators, the technical analysis model allows you to check helpful technical drivers of OGE Energy, as well as the relationship between them. Please check OGE Energy variance, as well as the relationship between the maximum drawdown and semi variance to decide if OGE Energy is priced fairly, providing market reflects its current price of 43.81 per share. Given that OGE Energy has jensen alpha of 0.1054, we recommend you to check out OGE Energy's recent market performance to make sure the company can sustain itself in the future.OGE Energy's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific OGE Energy insiders, such as employees or executives, is commonly permitted as long as it does not rely on OGE Energy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases OGE Energy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Cristina McQuistion over a week ago Disposition of 5008 shares by Cristina McQuistion of OGE Energy at 42.8358 subject to Rule 16b-3 | ||
David Rainbolt over a month ago Acquisition by David Rainbolt of 349 shares of OGE Energy subject to Rule 16b-3 | ||
W Buckler over three months ago Acquisition by W Buckler of 22217 shares of OGE Energy subject to Rule 16b-3 | ||
David Rainbolt over three months ago Acquisition by David Rainbolt of 407 shares of OGE Energy subject to Rule 16b-3 | ||
Cristina McQuistion over six months ago Disposition of 4187 shares by Cristina McQuistion of OGE Energy at 33.916 subject to Rule 16b-3 | ||
Williams J D over a year ago Acquisition by Williams J D of 2362 shares of OGE Energy subject to Rule 16b-3 |
OGE Energy's Outstanding Corporate Bonds
OGE Energy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. OGE Energy uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most OGE bonds can be classified according to their maturity, which is the date when OGE Energy has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
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| MPLX LP 52 Corp BondUS55336VAL45 | View | |
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| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| US67080LAA35 Corp BondUS67080LAA35 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand OGE Energy's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing OGE Energy's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1193 | |||
| Market Risk Adjusted Performance | 0.2905 | |||
| Mean Deviation | 0.777 | |||
| Semi Deviation | 0.7679 | |||
| Downside Deviation | 0.9313 | |||
| Coefficient Of Variation | 646.43 | |||
| Standard Deviation | 1.04 | |||
| Variance | 1.09 | |||
| Information Ratio | 0.0633 | |||
| Jensen Alpha | 0.1054 | |||
| Total Risk Alpha | 0.0331 | |||
| Sortino Ratio | 0.071 | |||
| Treynor Ratio | 0.2805 | |||
| Maximum Drawdown | 5.66 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 2.37 | |||
| Downside Variance | 0.8673 | |||
| Semi Variance | 0.5896 | |||
| Expected Short fall | (0.87) | |||
| Skewness | 0.4686 | |||
| Kurtosis | 0.9427 |
| Risk Adjusted Performance | 0.1193 | |||
| Market Risk Adjusted Performance | 0.2905 | |||
| Mean Deviation | 0.777 | |||
| Semi Deviation | 0.7679 | |||
| Downside Deviation | 0.9313 | |||
| Coefficient Of Variation | 646.43 | |||
| Standard Deviation | 1.04 | |||
| Variance | 1.09 | |||
| Information Ratio | 0.0633 | |||
| Jensen Alpha | 0.1054 | |||
| Total Risk Alpha | 0.0331 | |||
| Sortino Ratio | 0.071 | |||
| Treynor Ratio | 0.2805 | |||
| Maximum Drawdown | 5.66 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 2.37 | |||
| Downside Variance | 0.8673 | |||
| Semi Variance | 0.5896 | |||
| Expected Short fall | (0.87) | |||
| Skewness | 0.4686 | |||
| Kurtosis | 0.9427 |
Consider OGE Energy's intraday indicators
OGE Energy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of OGE Energy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
OGE Energy Corporate Filings
F4 | 14th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 5th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 26th of August 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 24th of June 2024 Other Reports | ViewVerify |
OGE Stock media impact
Far too much social signal, news, headlines, and media speculation about OGE Energy that are available to investors today. That information is available publicly through OGE media outlets and privately through word of mouth or via OGE internal channels. However, regardless of the origin, that massive amount of OGE data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of OGE Energy news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of OGE Energy relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to OGE Energy's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive OGE Energy alpha.
OGE Energy Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards OGE Energy can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
OGE Energy Corporate Directors
| Todd Tidwell | IR Contact Officer, Director | Profile | |
| Peter Clarke | Independent Director | Profile | |
| James Brandi | Independent Director | Profile | |
| David Rainbolt | Independent Director | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OGE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade OGE Stock refer to our How to Trade OGE Stock guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OGE Energy. If investors know OGE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OGE Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 1.676 | Earnings Share 1.93 | Revenue Per Share 13.916 | Quarterly Revenue Growth 0.021 |
The market value of OGE Energy is measured differently than its book value, which is the value of OGE that is recorded on the company's balance sheet. Investors also form their own opinion of OGE Energy's value that differs from its market value or its book value, called intrinsic value, which is OGE Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OGE Energy's market value can be influenced by many factors that don't directly affect OGE Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between OGE Energy's value and its price, as these two are different measures arrived at by various means. Investors typically determine if OGE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OGE Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.