OGE ENERGY CORP (NYSE: OGE) has reported E.P.S. of $1.21 for its third fiscal quarter (ending September 30) versus $1.31 for the same period a year ago — a decline of -8%. Relative to the consensus estimate of $1.17, this was a premium of $0.04. For the latest four quarters through September 30, E.P.S. were $2.09 compared to $4.66 a year ago — a decline of -55%.
Recent Price Action
OGE ENERGY CORP (NYSE: OGE) stock enjoyed a large increase of 3.0% on 11/2/23. The stock closed at $35.53. The stock has performed in line with the market over the last nine months and has risen 3.8% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, OGE is expected to continue to be a Value Builder.
OGE ENERGY CORP has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. OGE ENERGY CORP has a neutral Power Rating of 51 and a neutral Appreciation Score of 58, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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