Oge Energy Corp (NYSE: OGE) is 8.24% higher on its value in year-to-date trading and has touched a low of $32.37 and a high of $46.53 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OGE stock was last observed hovering at around $45.12 in the last trading session, with the day’s loss setting it -0.47%.
Currently trading at $44.65, the stock is 0.86% and 4.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.53 million and changing -1.04% at the moment leaves the stock 11.26% off its SMA200. OGE registered 35.96% gain for a year compared to 6-month gain of 12.87%.
The stock witnessed a 5.56% loss in the last 1 month and extending the period to 3 months gives it a 1.57%, and is -1.70% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.18% over the week and 1.98% over the month.
Oge Energy Corp (OGE) has around 2291 employees, a market worth around $8.99B and $2.99B in sales. Current P/E ratio is 20.36 and Fwd P/E is 18.38. Profit margin for the company is 14.79%. Distance from 52-week low is 37.94% and -4.05% from its 52-week high. The company has generated returns on investments over the last 12 months (4.55%).
The EPS is expected to grow by 3.96% this year
The shares outstanding are 201.00M, and float is at 200.15M with Short Float at 2.47%.
The top institutional shareholder in the company is BLACKROCK INC. with over 25.42 million shares valued at $907.46 million. The investor’s holdings represent 12.6842 of the OGE Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 21.07 million shares valued at $752.28 million to account for 10.5152 of the shares outstanding. The other top investors are STATE STREET CORP which holds 6.65 million shares representing 3.319 and valued at over $237.45 million, while CLEARBRIDGE INVESTMENTS LTD holds 2.903 of the shares totaling 5.83 million with a market value of $208.1 million.
Oge Energy Corp (OGE) Insider Activity
A total of 0 insider transactions have happened at Oge Energy Corp (OGE) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Still, SEC filings show that on Feb 21 ’25, Cristina F McQuistion (Officer) Proposed Sale 5,403 shares at an average price of $44.88 for $0.24 million. The insider now directly holds shares of Oge Energy Corp (OGE).
Oge Energy Corp (OGE): Who are the competitors?
One of the company’s main competitors (and peers) include Southern Co. (SO) that is trading 29.27% up over the past 12 months.Dominion Energy Inc. (D) lies in the list of competitors of the Oge Energy Corp and is 14.86% higher over the same period from OGEAmerican Electric Power Co. Inc. (AEP) is 23.20% up on the 1-year trading charts.
