Reviewing OGE Energy Corporation (OGE) and Its Rivals

OGE Energy Corporation (NYSE: OGE) is one of 81 public companies in the “Electric Utilities” industry, but how does it compare to its rivals? We will compare OGE Energy Corporation to related businesses based on the strength of its risk, profitability, earnings, institutional ownership, analyst recommendations, dividends and valuation.

Earnings and Valuation

This table compares OGE Energy Corporation and its rivals top-line revenue, earnings per share and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
OGE Energy Corporation $2.26 billion $338.20 million 18.23
OGE Energy Corporation Competitors $7.66 billion $831.80 million 42.09

OGE Energy Corporation’s rivals have higher revenue and earnings than OGE Energy Corporation. OGE Energy Corporation is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Risk & Volatility

OGE Energy Corporation has a beta of 0.93, indicating that its stock price is 7% less volatile than the S&P 500. Comparatively, OGE Energy Corporation’s rivals have a beta of 0.66, indicating that their average stock price is 34% less volatile than the S&P 500.

Dividends

OGE Energy Corporation pays an annual dividend of $1.33 per share and has a dividend yield of 3.8%. OGE Energy Corporation pays out 69.6% of its earnings in the form of a dividend. As a group, “Electric Utilities” companies pay a dividend yield of 3.2% and pay out 96.0% of their earnings in the form of a dividend. OGE Energy Corporation has increased its dividend for 10 consecutive years. OGE Energy Corporation is clearly a better dividend stock than its rivals, given its higher yield and lower payout ratio.

Profitability

This table compares OGE Energy Corporation and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
OGE Energy Corporation 16.69% 10.92% 3.73%
OGE Energy Corporation Competitors -6.22% 10.49% 2.69%

Insider & Institutional Ownership

62.5% of OGE Energy Corporation shares are owned by institutional investors. Comparatively, 65.7% of shares of all “Electric Utilities” companies are owned by institutional investors. 0.5% of OGE Energy Corporation shares are owned by company insiders. Comparatively, 2.7% of shares of all “Electric Utilities” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for OGE Energy Corporation and its rivals, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
OGE Energy Corporation 1 5 1 0 2.00
OGE Energy Corporation Competitors 534 2959 2386 42 2.33

OGE Energy Corporation currently has a consensus target price of $36.67, indicating a potential upside of 5.30%. As a group, “Electric Utilities” companies have a potential upside of 7.08%. Given OGE Energy Corporation’s rivals stronger consensus rating and higher probable upside, analysts plainly believe OGE Energy Corporation has less favorable growth aspects than its rivals.

Summary

OGE Energy Corporation rivals beat OGE Energy Corporation on 9 of the 15 factors compared.

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. Its operations are conducted through Oklahoma Gas and Electric Company (OG&E). OG&E is an electric utility in Oklahoma and its franchised service territory includes Fort Smith, Arkansas and the surrounding communities. The natural gas midstream operations segment represents the Company’s investment in Enable Midstream Partners, LP (Enable) through subsidiaries, and ultimately OGE Enogex Holdings LLC (OGE Holdings). Enable’s assets and operations are organized into two segments: gathering and processing, and transportation and storage.

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