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OGE

NYSE
Neutral · 49/100

OGE Energy Corp

Utilities
Utilities

$48.29

0.6%

Updated Today 3:42 PM ET

Report Card

OGE at a glance — five pillars scored 0–100 from real filed financials.

Value
0
Growth
0
Profitability
0
Health
0
Dividends
0

Overall: Neutral · 49/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.

Price — Past Year

▲ Up 8.5% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$10.20B

P/E

22.27x

Forward P/E (est.)

23.76x

ROE

9.5%

Revenue Growth

4.1%

EPS Growth

-6.3%

Profit Margin

14.0%

FCF Yield

9.4%

Debt / Equity

1.14x

ROIC

6.0%

Interest Coverage

2.96x

Current Ratio

0.66x

Dividend Yield

3.4%

Implied Growth (rev. DCF)

8.1%

Rating Score

49/100

Business Overview
Research

OGE Energy Corp (OGE) is a large-cap company in the Utilities industry, part of the Utilities sector of the S&P 500, with a market value around $10.20B.

In its latest reported year it generated about $3.19B in revenue and $470.70M in net profit.

Our model rates OGE Neutral (49/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Economic Moat

Evidence of durable competitive advantage in the filed financials (10 years of history).

No moat evidenceMoat evidence score: 30/100

The numbers don't show a durable competitive advantage — margins, growth, or returns on capital have been unstable or thin. Great returns are still possible; they just aren't protected.

Operating margin level64/100

25.2% average over the last 3 years

Operating margin stability58/100

±3.4 pts around 22.6% across 8 years

Revenue durability8/100

grew in 4 of the last 9 year-over-year periods

Free-cash-flow consistency0/100

positive in 5 of 10 years

Return on invested capital5/100

6.0% latest fiscal year

A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what OGE's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. OGE trades near $48.29, above its 50-day average ($47.74) and 200-day average ($46.04). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 54 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. OGE's is $0.82 (~1.7% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month OGE found buyers near $46.31 (support) and sellers near $49.58 (resistance); its 52-week range is $41.70–$50.13. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 0.2× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Revenue Growth

4Y CAGR

-2.9%

1/4 checks passedRevenue growingRevenue growth beats sector midpointEPS growingEPS growing faster than revenue
Profitability
Research
1/4 checks passedProfitableNet margin above sector midpointROE above 12%ROIC above 10%

Gross Margin

44.2%

Operating Margin

25.1%

Net Margin

14.8%

ROE

9.5%

OGE Energy Corp keeps about 14.0% of each sales dollar as net profit, with a 44.2% gross margin and 25.1% operating margin. Return on equity is 9.5% and return on invested capital about 6.0%. Margins are moderate — typical of a competitive but profitable business.

Debt Analysis
Research
1/4 checks passedDebt under 1× equityDebt under 2× equityInterest covered 3×+Short-term bills covered

Total Debt

$5.37B

Net Debt

$5.37B

Net Debt / EBITDA

6.72x

Debt / Equity

1.14x

Leverage: debt-to-equity is 1.1x, and operating profit covers interest about 3.0x, with a current ratio of 0.7x. That is a moderate, manageable debt load for most businesses. It carries roughly $5.37B of total debt against $200.00K of cash.

Cash Flow Analysis
Research
2/3 checks passedPositive free cash flowFCF yield above 2%Market expects achievable growth (<8%)

Operating CF

$1.14B

Free Cash Flow

$82.70M

FCF Margin

2.6%

In the latest year OGE Energy Corp produced about $1.14B of operating cash flow and $82.70M of free cash flow after capital spending. That is a free-cash-flow yield of about 9.4% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Dividend Safety

Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.

BorderlineSafety score: 53/100

The dividend is being paid, but coverage or consistency is thinner than an income investor should rely on without a closer look.

Dividend yield

3.4%

Per share (latest FY)

$1.69

Total paid (latest FY)

$341.90M

History on record

10 years

Free-cash-flow coverage0/100

dividend uses 413% of free cash flow

Earnings payout ratio41/100

73% of net income paid out

Raise streak100/100

total dividends increased 9 years in a row

Cut history100/100

no cuts in the last 10 years on record

Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.

Valuation Analysis
Research
2/4 checks passedPositive earnings (P/E meaningful)P/E below sector's upper bandForward P/E below trailing (earnings growing)Trading below DCF fair value

P/E

22.27x

P/S

3.13x

P/B

1.76x

EV / EBITDA

11.46x

OGE trades at 22.3x trailing earnings (about 23.8x on estimated forward earnings), 3.1x sales, and 1.8x book value. Reverse-engineering today's price implies the market expects roughly 8.1% long-term free-cash-flow growth. That is a fairly typical valuation for a profitable company.

DCF Fair Value (Educational)

A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.

DCF fair value / share

$6.92

Current price

$48.29

-86% · Above fair-value estimate

Starting FCF (latest 10-K)

$82.70M

Growth, years 1–5

4.1%

Fade to terminal, years 6–10

2.5%

Discount rate

9.0%

PV of 10-yr free cash flow$642.23M
PV of terminal value$786.52M
Estimated equity value$1.43B
Shares outstanding206M

Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.

Metrics vs. Sector Range

Where OGE sits versus its Utilities sector peers in the S&P 500.

TTM P/E
22.3xFair
Forward P/E
23.8xExpensive
P/S ratio
3.1xFair
Revenue growth
4.1%Weak
EPS growth
-6.3%Weak
Gross margin
44.2%Average
Net margin
14.0%Average
ROE
9.5%Average

Bands show the middle half (25th–75th percentile) of the 38 Utilities companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.

Sector Peer Comparison

How OGE stacks up against its Utilities peers — valuation, profitability, and growth versus the sector median.

In the Utilities sector (47 S&P 500 companies), OGE ranks #26 of 47 by our overall rating. It trades at roughly in line versus the sector on earnings (22.3x P/E vs. 21.9x median) with a lower return on equity (9.5% vs. 10.3%) and slower revenue growth (4.1% vs. 8.8%).

P/E vs sector

22.3x

median 21.9x

ROE vs sector

9.5%

median 10.3%

Growth vs sector

4.1%

median 8.8%

Sector rank

#26

of 47 by rating

CompanyP/ERev Gr.Rating
OGEThis stock22.3x4.1%Neutral· 49
WTRG20.2x13.1%Neutral· 57
EMA22.2x13.4%Neutral· 55
KEP2.8x3.4%Neutral· 47
SBS12.1x-20.9%Favorable· 67
FTS23.1x4.3%Neutral· 50
NGG18.9x-6.2%Neutral· 46
ENLTNot rated
Utilities median21.9x8.8%50/100

Valuation vs. quality map

sector medianWTRGEMAKEPSBSFTSNGGOGEP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Utilities companies by sub-industry and size. Sector median is across all 47 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$0.00 $0.00

vs. $48.29 today · expected CAGR -6%5%

Metric20262027202820292030
Revenue$3.32B$3.45B$3.59B$3.73B$3.88B
Net income$497.78M$517.69M$538.40M$559.94M$582.33M
EPS$2.36$2.45$2.55$2.65$2.76
Share price (low)$30.63$31.85$33.13$34.45$35.83
Share price (high)$51.83$53.90$56.06$58.30$60.63
CAGR (low–high)-37% / 7%-19% / 6%-12% / 5%-8% / 5%-6% / 5%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for OGE:

  • Healthy free-cash-flow yield (~9.4%) funds buybacks and dividends.
  • Pays a 3.4% dividend on top of any price gains.
Bear Case

The case against OGE:

  • Interest coverage is thin (3.0x), so debt costs bite.
  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Balance-sheet risk — debt/equity of 1.1x magnifies the impact of higher rates or weaker earnings.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the picture is mixed: OGE Energy Corp is a large-cap utilities business growing at a mature pace, with solid profitability, and a heavier debt load to watch. It trades at 22.3x earnings, which our model scores Neutral (49/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Analyst Ratings

What 18 Wall Street analysts covering OGE recommend (July 2026). Consensus is a useful sanity check — not a substitute for your own homework.

Hold
consensus · score 3.6 / 5 across 18 analysts
Strong Buy 3Buy 4Hold 11Sell 0Strong Sell 0

Latest SEC Filings

OGE's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.

OGE — frequently asked questions

Is OGE a good stock to buy?

We don't give buy or sell advice. Our model rates OGE Energy Corp Neutral (49/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.

What is OGE's rating on The Stocks School?

OGE Energy Corp currently scores 49/100 (Neutral) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.

How our ratings work
Where does OGE's data come from?

Live price data plus real fundamentals and 5-year financials pulled directly from OGE Energy Corp's SEC filings — refreshed automatically, not hand-entered.

How is the 5-year projection for OGE calculated?

It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.

Is this OGE analysis financial advice?

No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell OGE. Always do your own research and consider a licensed professional.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.