Media headlines about OGE Energy Corporation (NYSE:OGE) have trended somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. OGE Energy Corporation earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned media stories about the utilities provider an impact score of 46.0982070291005 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
- Reflections On The Current State Of DST Systems, Inc. (DST), OGE Energy Corp. (OGE) – AllStockNews (allstocknews.com)
- What’s Transpiring With Shares of OGE Energy Corp (OGE)? – Evergreen Caller (evergreencaller.com)
- ISA Student Sections Spearhead Future Industrial Automation Workforce (automation.isa.org)
- Environmental and health groups gear up to defend Obama EPA’s gas-mileage standards (washingtonpost.com)
- OGE Energy Corp (OGE) Chart Watchers Take Note of the Tenkan Levels – Evergreen Caller (evergreencaller.com)
OGE Energy Corporation (NYSE:OGE) opened at 36.02 on Friday. OGE Energy Corporation has a 12-month low of $29.57 and a 12-month high of $37.41. The firm has a market cap of $7.19 billion, a PE ratio of 18.86 and a beta of 0.88. The firm has a 50-day moving average price of $35.82 and a 200 day moving average price of $35.38.
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OGE Energy Corporation (NYSE:OGE) last issued its quarterly earnings data on Thursday, August 3rd. The utilities provider reported $0.52 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.47 by $0.05. The firm had revenue of $586.40 million during the quarter, compared to the consensus estimate of $563 million. OGE Energy Corporation had a net margin of 16.50% and a return on equity of 11.06%. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period last year, the business posted $0.35 earnings per share. Equities research analysts forecast that OGE Energy Corporation will post $1.97 EPS for the current year.
Several research firms recently weighed in on OGE. BidaskClub raised OGE Energy Corporation from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Goldman Sachs Group, Inc. (The) began coverage on OGE Energy Corporation in a research report on Thursday, July 20th. They set a “neutral” rating and a $35.00 price objective for the company. Zacks Investment Research raised OGE Energy Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, May 23rd. Jefferies Group LLC reissued a “hold” rating and set a $37.00 price objective (up previously from $35.00) on shares of OGE Energy Corporation in a research report on Wednesday, August 9th. Finally, KeyCorp reissued a “hold” rating on shares of OGE Energy Corporation in a research report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. OGE Energy Corporation presently has a consensus rating of “Hold” and a consensus target price of $35.17.
In other OGE Energy Corporation news, insider H Scott Forbes sold 4,670 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $36.19, for a total transaction of $169,007.30. Following the completion of the sale, the insider now directly owns 18,311 shares in the company, valued at $662,675.09. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Luke R. Corbett sold 1,250 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $36.31, for a total transaction of $45,387.50. The disclosure for this sale can be found here. Company insiders own 0.48% of the company’s stock.
OGE Energy Corporation 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.
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