Q1 Earnings Forecast for OGE Energy Issued By Zacks Research

OGE Energy Corporation (NYSE:OGE) – Analysts at Zacks Research cut their Q1 2026 earnings estimates for shares of OGE Energy in a research report issued on Thursday, April 23rd. Zacks Research analyst Team now anticipates that the utilities provider will post earnings per share of $0.45 for the quarter, down from their prior estimate of $0.46. 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 Q2 2026 earnings at $0.59 EPS, Q3 2026 earnings at $0.73 EPS, Q3 2027 earnings at $0.77 EPS, Q4 2027 earnings at $0.61 EPS and Q1 2028 earnings at $0.57 EPS.

Several other equities research analysts have also recently issued reports on OGE. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of OGE Energy in a research note on Monday, April 6th. Wall Street Zen cut shares of OGE Energy from a “hold” rating to a “sell” rating in a research note on Saturday, April 18th. Mizuho set a $49.00 target price on shares of OGE Energy in a research note on Thursday, February 19th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of OGE Energy in a research note on Friday, January 23rd. Finally, Wells Fargo & Company reaffirmed an “underweight” rating on shares of OGE Energy in a research note on Tuesday. Four research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $48.50.

OGE Energy Trading Up 3.3%

Shares of OGE opened at $47.54 on Friday. OGE Energy has a 52-week low of $41.69 and a 52-week high of $50.13. The company has a quick ratio of 0.49, a current ratio of 0.78 and a debt-to-equity ratio of 1.08. The firm’s fifty day moving average is $47.96 and its two-hundred day moving average is $45.50. The stock has a market cap of $9.81 billion, a PE ratio of 20.58, a price-to-earnings-growth ratio of 3.41 and a beta of 0.59.

OGE Energy (NYSE:OGE) last released its quarterly earnings results on Tuesday, February 17th. The utilities provider reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.03. OGE Energy had a net margin of 14.44% and a return on equity of 9.89%. The firm had revenue of $725.80 million for the quarter, compared to analysts’ expectations of $277.80 million. During the same quarter last year, the company earned $0.50 EPS. The firm’s revenue for the quarter was down 4.6% compared to the same quarter last year.

Hedge Funds Weigh In On OGE Energy

Institutional investors have recently bought and sold shares of the company. Quest 10 Wealth Builders Inc. raised its stake in OGE Energy by 618.3% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 783 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 674 shares during the period. State of Wyoming purchased a new position in OGE Energy during the second quarter worth about $34,000. Capital Advisors Ltd. LLC raised its stake in OGE Energy by 14,780.0% during the first quarter. Capital Advisors Ltd. LLC now owns 744 shares of the utilities provider’s stock worth $36,000 after purchasing an additional 739 shares during the period. Caitong International Asset Management Co. Ltd raised its stake in 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 worth $36,000 after purchasing an additional 255 shares during the period. Finally, Clearstead Advisors LLC raised its stake in OGE Energy by 96.2% during the fourth quarter. Clearstead Advisors LLC now owns 881 shares of the utilities provider’s stock worth $38,000 after purchasing an additional 432 shares during the period. 71.84% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at OGE Energy

In other OGE Energy news, CAO Sarah R. Stafford sold 6,130 shares of OGE Energy stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $47.77, for a total transaction of $292,830.10. Following the transaction, the chief accounting officer directly owned 28,559 shares of the company’s stock, valued at $1,364,263.43. The trade was a 17.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lyle G. Ganske bought 10,420 shares of OGE Energy stock in a transaction on Monday, February 23rd. The shares were purchased at an average cost of $47.99 per share, for a total transaction of $500,055.80. Following the completion of the purchase, the director directly owned 10,420 shares of the company’s stock, valued at $500,055.80. This trade represents a ? increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 0.57% of the company’s stock.

OGE Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Investors of record on Monday, April 6th will be issued a $0.425 dividend. The ex-dividend date of this dividend is Monday, April 6th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 3.6%. OGE Energy’s dividend payout ratio is currently 73.59%.

OGE Energy Company Profile

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.