Zacks Research Predicts OGE Energy’s Q3 Earnings (NYSE:OGE)

OGE Energy Corporation (NYSE:OGE) – Stock analysts at Zacks Research raised their Q3 2026 earnings per share estimates for shares of OGE Energy in a research note issued to investors on Monday, July 13th. Zacks Research analyst Team now forecasts that the utilities provider will post earnings of $1.00 per share for the quarter, up from their prior forecast of $0.97. The consensus estimate for OGE Energy’s current full-year earnings is $2.43 per share. Zacks Research also issued estimates for OGE Energy’s Q4 2026 earnings at $0.60 EPS, FY2026 earnings at $2.43 EPS, Q1 2027 earnings at $0.39 EPS, Q2 2027 earnings at $0.62 EPS, Q3 2027 earnings at $1.03 EPS and Q4 2027 earnings at $0.55 EPS.

A number of other equities research analysts have also weighed in on OGE. Wells Fargo & Company lifted their target price on shares of OGE Energy from $47.00 to $48.00 and gave the company an “equal weight” rating in a research note on Thursday, April 30th. Barclays reaffirmed an “overweight” rating on shares of OGE Energy in a research report on Tuesday. Weiss Ratings upgraded OGE Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. JPMorgan Chase & Co. initiated coverage on OGE Energy in a research report on Friday, March 20th. They issued an “overweight” rating and a $52.00 target price for the company. Finally, LADENBURG THALM/SH SH raised their target price on OGE Energy from $42.50 to $47.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Four investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $49.20.

OGE Energy Stock Up 0.7%

Shares of OGE Energy stock opened at $48.99 on Tuesday. The company has a current ratio of 0.66, a quick ratio of 0.40 and a debt-to-equity ratio of 1.09. OGE Energy has a 12-month low of $41.69 and a 12-month high of $50.13. The company has a market cap of $10.11 billion, a P/E ratio of 21.87, a PEG ratio of 3.60 and a beta of 0.53. The company’s fifty day simple moving average is $47.87 and its two-hundred day simple moving average is $46.73.

OGE Energy (NYSE:OGE) last issued its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $0.24 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.24. OGE Energy had a return on equity of 9.47% and a net margin of 14.03%.The firm had revenue of $752.60 million for the quarter, compared to analyst estimates of $616.02 million. During the same period last year, the company earned $0.31 EPS. The business’s quarterly revenue was up .7% compared to the same quarter last year.

Institutional Trading of OGE Energy

A number of hedge funds have recently made changes to their positions in the stock. Root Financial Partners LLC grew its stake in shares of OGE Energy by 111.3% in the 1st quarter. Root Financial Partners LLC now owns 598 shares of the utilities provider’s stock worth $29,000 after buying an additional 315 shares during the last quarter. Quest 10 Wealth Builders Inc. boosted its holdings in OGE Energy by 618.3% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 783 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 674 shares in the last quarter. State of Wyoming purchased a new stake in shares of OGE Energy in the second quarter worth $34,000. Capital Advisors Ltd. LLC increased its holdings in shares of OGE Energy by 14,780.0% during the first quarter. Capital Advisors Ltd. LLC now owns 744 shares of the utilities provider’s stock valued at $36,000 after acquiring an additional 739 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its holdings in shares of OGE Energy by 49.4% during the third quarter. Caitong International Asset Management Co. Ltd now owns 771 shares of the utilities provider’s stock valued at $36,000 after acquiring an additional 255 shares in the last quarter. 71.84% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other OGE Energy news, insider William H. Sultemeier sold 7,345 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $47.97, for a total value of $352,339.65. Following the sale, the insider owned 74,497 shares in the company, valued at approximately $3,573,621.09. This represents a 8.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.57% of the company’s stock.

OGE Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be paid a dividend of $0.425 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.70 annualized dividend and a yield of 3.5%. OGE Energy’s payout ratio is presently 75.89%.

About OGE Energy

OGE Energy Corp. (NYSE:OGE) is an energy and infrastructure holding company headquartered in Oklahoma City, Oklahoma. Through its principal subsidiary, Oklahoma Gas & Electric Company, the company provides regulated electric service to residential, commercial and industrial customers across Oklahoma and western Arkansas. Its diversified generation mix includes coal, natural gas and wind-powered facilities, complemented by ongoing investments in grid modernization and smart technology to enhance reliability and customer satisfaction.

In addition to its core electric utility operations, OGE Energy Corp.