News articles about OGE Energy (NYSE:OGE) have trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. OGE Energy earned a news impact score of 0.01 on Accern’s scale. Accern also gave media stories about the utilities provider an impact score of 45.163749044506 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- EDF expands off-grid business in Africa (pv-magazine.com)
- Technical Secrets – OGE Energy Corp (NYSE: OGE) – Alpha Beta Stock (alphabetastock.com)
- These Two Stocks in Motion: Portola Pharmaceuticals, Inc. (NASDAQ:PTLA), OGE Energy Corp. (NYSE:OGE) – The Oracle Examiner (oracleexaminer.com)
- Customers benefit from federal tax reform in OG&E’s rate filing – PR Newswire (press release) (prnewswire.com)
- Oklahoma City to consider affordable housing around garage at convention center (newsok.com)
Shares of OGE Energy (NYSE:OGE) opened at $31.42 on Friday. The firm has a market cap of $6,270.00, a PE ratio of 16.45, a P/E/G ratio of 3.13 and a beta of 0.91. OGE Energy has a 1-year low of $30.70 and a 1-year high of $37.40. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.63 and a quick ratio of 0.46.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 30th. Investors of record on Wednesday, January 10th will be issued a $0.3325 dividend. This represents a $1.33 annualized dividend and a yield of 4.23%. The ex-dividend date of this dividend is Tuesday, January 9th. OGE Energy’s payout ratio is currently 69.63%.
OGE has been the subject of several recent research reports. Wells Fargo & Co lowered shares of OGE Energy from an “outperform” rating to a “market perform” rating and set a $38.00 price target for the company. in a research report on Friday, October 6th. Goldman Sachs Group upgraded shares of OGE Energy from a “neutral” rating to a “buy” rating and set a $38.00 price target for the company in a research report on Wednesday, January 10th. Bank of America upgraded shares of OGE Energy from an “underperform” rating to a “neutral” rating in a research report on Thursday. They noted that the move was a valuation call. Zacks Investment Research lowered shares of OGE Energy from a “hold” rating to a “sell” rating in a research report on Friday, December 22nd. Finally, Edward Jones lowered shares of OGE Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, December 27th. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $37.17.
In related news, VP Patricia D. Horn sold 10,051 shares of the company’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $35.56, for a total value of $357,413.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.48% of the company’s stock.
TRADEMARK VIOLATION WARNING: This report was first published by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this report on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this report can be read at https://stocknewstimes.com/2018/01/20/somewhat-positive-news-coverage-somewhat-unlikely-to-impact-oge-energy-oge-share-price.html.
OGE Energy Company Profile
OGE Energy Corp. (OGE Energy) is an energy and energy services provider offering physical delivery and related services for both electricity and natural gas primarily in the south central United States. The Company operates through two segments: electric utility and natural gas midstream operations. The electric utility segment generates, transmits, distributes and sells electric energy in Oklahoma and western Arkansas.
Receive News & Ratings for OGE Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OGE Energy and related companies with MarketBeat.com's FREE daily email newsletter.