OGE Energy Future Growth

Future criteria checks 1/6

OGE Energy is forecast to grow earnings and revenue by 7.6% and 4.3% per annum respectively. EPS is expected to grow by 7% per annum. Return on equity is forecast to be 9.9% in 3 years.

Key information

7.6%

Earnings growth rate

7.0%

EPS growth rate

Electric Utilities earnings growth	9.5%
Revenue growth rate	4.3%
Future return on equity	9.9%
Analyst coverage	Good
Last updated	20 Dec 2024

Recent future growth updates

Earnings Miss: OGE Energy Corp. Missed EPS By 7.1% And Analysts Are Revising Their Forecasts

Nov 08

Recent updates

OGE Energy's (NYSE:OGE) Upcoming Dividend Will Be Larger Than Last Year's

Dec 08

Earnings Miss: OGE Energy Corp. Missed EPS By 7.1% And Analysts Are Revising Their Forecasts

Nov 08

OGE Energy: A Fairly Priced Utility With A Big Dividend, But Growth Looks Limited

Oct 06

OGE Energy declares $0.4141 dividend

Sep 27

OGE Energy Q2 2022 Earnings Preview

Aug 03

OGE Energy Is Offering A Nearly 10-Year High Dividend Yield Of 4.3%

Jul 01

Earnings and Revenue Growth Forecasts

NYSE:OGE - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	3,107	484	130	1,225	8
12/31/2025	3,001	454	71	1,137	9
12/31/2024	2,819	429	256	1,009	7
9/30/2024	2,792	388	-99	994	N/A
6/30/2024	2,772	411	-86	1,062	N/A
3/31/2024	2,714	397	24	1,143	N/A
12/31/2023	2,674	417	54	1,232	N/A
9/30/2023	2,820	419	-134	1,106	N/A
6/30/2023	3,145	440	270	1,451	N/A
3/31/2023	3,344	425	-51	1,066	N/A
12/31/2022	3,376	666	-98	952	N/A
9/30/2022	3,245	935	20	949	N/A
6/30/2022	2,839	924	-413	463	N/A
3/31/2022	2,612	964	-154	686	N/A
12/31/2021	3,654	737	-1,008	-230	N/A
9/30/2021	3,558	473	-1,078	-307	N/A
6/30/2021	3,396	398	-1,041	-318	N/A
3/31/2021	3,322	371	-1,013	-331	N/A
12/31/2020	2,122	-174	62	713	N/A
9/30/2020	2,109	-193	210	789	N/A
6/30/2020	2,163	-120	214	816	N/A
3/31/2020	2,173	-105	147	757	N/A
12/31/2019	2,232	434	46	682	N/A
9/30/2019	2,271	453	21	657	N/A
6/30/2019	2,214	407	111	726	N/A
3/31/2019	2,268	418	224	813	N/A
12/31/2018	2,270	426	378	951	N/A
9/30/2018	2,260	666	457	1,033	N/A
6/30/2018	2,278	644	N/A	941	N/A
3/31/2018	2,298	638	N/A	861	N/A
12/31/2017	2,261	619	N/A	785	N/A
9/30/2017	2,290	382	N/A	682	N/A
6/30/2017	2,317	382	N/A	676	N/A
3/31/2017	2,282	349	N/A	662	N/A
12/31/2016	2,259	338	N/A	645	N/A
9/30/2016	2,176	310	N/A	683	N/A
6/30/2016	2,151	237	N/A	726	N/A
3/31/2016	2,150	253	N/A	799	N/A
12/31/2015	2,197	271	N/A	867	N/A
9/30/2015	2,276	300	N/A	864	N/A
6/30/2015	2,311	376	N/A	846	N/A
3/31/2015	2,373	390	N/A	838	N/A
12/31/2014	2,453	396	N/A	722	N/A
9/30/2014	2,436	395	N/A	739	N/A
6/30/2014	2,404	423	N/A	725	N/A
3/31/2014	2,527	414	N/A	587	N/A
12/31/2013	2,868	388	N/A	623	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: OGE's forecast earnings growth (7.6% per year) is above the savings rate (2.6%).

Earnings vs Market: OGE's earnings (7.6% per year) are forecast to grow slower than the US market (15.2% per year).

High Growth Earnings: OGE's earnings are forecast to grow, but not significantly.

Revenue vs Market: OGE's revenue (4.3% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: OGE's revenue (4.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: OGE's Return on Equity is forecast to be low in 3 years time (9.9%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/24 13:15
End of Day Share Price	2024/12/24 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

OGE Energy Corp. is covered by 25 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Gary Hovis	Argus Research Company
Daniel Ford	Barclays
Nicholas Campanella	Barclays

OGE Energy Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Earnings Miss: OGE Energy Corp. Missed EPS By 7.1% And Analysts Are Revising Their Forecasts

OGE Energy Corp. Provides Earnings Guidance for the Year 2024

OGE Energy Corp. Reaffirms Consolidated Earnings Guidance for the Year 2024

OGE Energy Corp. Provides Earnings Guidance for the Fiscal Year 2024

OGE Energy Corp. Revises Consolidated Earnings Guidance for the Year 2023

OGE Energy Corp. Provides Earnings Guidance for the Fiscal Year 2023

Recent updates

OGE Energy's (NYSE:OGE) Upcoming Dividend Will Be Larger Than Last Year's

Third quarter dividend of US$0.42 announced

OGE Energy Corp. Appoints Charles Walworth as Chief Financial Officer

Earnings Miss: OGE Energy Corp. Missed EPS By 7.1% And Analysts Are Revising Their Forecasts

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

OGE Energy Corp. Provides Earnings Guidance for the Year 2024

OGE Energy: Solid 4%+ Dividend, Stable Earnings Outlook, Near Fair Value

Getting In Cheap On OGE Energy Corp. (NYSE:OGE) Is Unlikely

Is OGE Energy (NYSE:OGE) Using Too Much Debt?

Second quarter dividend of US$0.42 announced

Are Investors Undervaluing OGE Energy Corp. (NYSE:OGE) By 24%?

Second quarter 2024 earnings released: EPS: US$0.51 (vs US$0.44 in 2Q 2023)

OGE Energy Corp. Reaffirms Consolidated Earnings Guidance for the Year 2024

Earnings Not Telling The Story For OGE Energy Corp. (NYSE:OGE)

OGE Energy: Interest Expenses Dragging On Results, But Valuation Has Improved

OGE Energy (NYSE:OGE) Has Announced A Dividend Of $0.4182

Is There An Opportunity With OGE Energy Corp.'s (NYSE:OGE) 24% Undervaluation?

First quarter dividend of US$0.42 announced

OGE Energy Corp. Declares A Third Quarter Dividend, Payable on July 26, 2024

OGE Energy Corp. Provides Earnings Guidance for the Fiscal Year 2024

First quarter 2024 earnings released: EPS: US$0.093 (vs US$0.19 in 1Q 2023)

OGE Energy (NYSE:OGE) Is Due To Pay A Dividend Of $0.4182

OGE Energy Corp., Annual General Meeting, May 16, 2024

Upcoming dividend of US$0.42 per share

OGE Energy Corp. An Attractive Long-Term Investment (Rating Upgrade)

OGE Energy (NYSE:OGE) Is Due To Pay A Dividend Of $0.4182

Fourth quarter dividend of US$0.42 announced

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

OGE Energy Corp. Approves Second Quarter Dividend, Payable on April 26, 2024

OGE Energy Corp.'s (NYSE:OGE) Share Price Could Signal Some Risk

Upcoming dividend of US$0.42 per share at 4.8% yield

OGE Energy Corp. Declares Quarterly Dividend, Payable on January 26, 2024

OGE Energy: Minus Gas Operations, Simpler Is Better For This Electric Utility

OGE Energy Corp. Revises Consolidated Earnings Guidance for the Year 2023

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

OGE: Looks A Bit Expensive, But May Be Good As A Safe Haven Play

Insufficient new directors

OGE Energy Corp. Board of Directors Declares Quarterly Dividend, Payable on October 27, 2023

Now 22% undervalued after recent price drop

OGE Energy: Positive Demographics And Growth Potential, Questionable Valuation

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

OGE Energy Corp. Provides Earnings Guidance for the Fiscal Year 2023

Upcoming dividend of US$0.41 per share at 4.7% yield

OGE Energy Will Soon Be Offering A Nearly 5% Dividend Yield

First quarter 2023 earnings: EPS exceeds analyst expectations

OGE Energy Corp. Provides Earnings Guidance for the Year 2023

Upcoming dividend of US$0.41 per share at 4.5% yield

Independent Director recently bought US$183k worth of stock

Full year 2022 earnings released: EPS: US$3.33 (vs US$3.69 in FY 2021)

OGE Energy Q4 2022 Earnings Preview

Consensus EPS estimates increase by 14%

Upcoming dividend of US$0.41 per share

OGE Energy: A Lot To Like But Too Expensive Today

OGE Energy declares $0.4141 dividend

OGE Energy Corp., Annual General Meeting, May 18, 2023

Insider recently sold US$117k worth of stock

Consensus forecasts updated

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

OGE Energy Corp. Provides Earnings Guidance for the Year 2022

OGE Energy: A Fairly Priced Utility With A Big Dividend, But Growth Looks Limited

OGE Energy Corp. Declares Quarterly Dividend, Payable on October 28, 2022

OGE Energy declares $0.4141 dividend

Consensus forecasts updated

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

OGE Energy Corp. Provides Earning Guidance for 2022

OGE Energy Q2 2022 Earnings Preview

Consensus forecasts updated

Consensus forecasts updated

Upcoming dividend of US$0.41 per share