Q3 Earnings Estimate for OGE Energy Issued By Zacks Research

OGE Energy Corporation (NYSE:OGE) – Equities research analysts at Zacks Research lifted their Q3 2026 earnings per share estimates for shares of OGE Energy in a report released on Thursday, October 1st. Zacks Research analyst Team now anticipates that the utilities provider will earn $1.05 per share for the quarter, up from their prior forecast of $1.03. The consensus estimate for OGE Energy’s current full-year earnings is $2.42 per share. Zacks Research also issued estimates for OGE Energy’s Q4 2026 earnings at $0.57 EPS and Q3 2027 earnings at $1.07 EPS.

OGE Energy (NYSE:OGE) last issued its earnings results on Tuesday, July 28th. The utilities provider reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.01. OGE Energy had a return on equity of 9.48% and a net margin of 14.44%.The firm had revenue of $711.90 million for the quarter, compared to analyst estimates of $782.73 million. During the same period last year, the company earned $0.53 earnings per share. The firm’s revenue for the quarter was down 4.0% on a year-over-year basis.

A number of other research analysts have also issued reports on the stock. JPMorgan Chase & Co. reduced their target price on shares of OGE Energy from $55.00 to $54.00 and set an “overweight” rating for the company in a research note on Wednesday, September 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of OGE Energy in a report on Friday, July 31st. Scotiabank initiated coverage on OGE Energy in a research report on Tuesday, September 29th. They set a “sector outperform” rating and a $49.00 price objective for the company. BMO Capital Markets decreased their price objective on OGE Energy from $50.00 to $49.00 and set a “market perform” rating for the company in a report on Wednesday, July 22nd. Finally, Barclays raised their target price on OGE Energy from $51.00 to $52.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $49.73.

OGE Energy Stock Down 0.8%

OGE stock opened at $45.30 on Friday. The stock has a market cap of $9.36 billion, a PE ratio of 19.96, a price-to-earnings-growth ratio of 2.98 and a beta of 0.50. The firm’s 50-day simple moving average is $46.43 and its 200 day simple moving average is $47.46. OGE Energy has a fifty-two week low of $41.69 and a fifty-two week high of $50.59. The company has a quick ratio of 0.47, a current ratio of 0.77 and a debt-to-equity ratio of 1.12.

Hedge Funds Weigh In On OGE Energy

Several large investors have recently made changes to their positions in the business. Strs Ohio lifted its holdings in shares of OGE Energy by 4.5% in the first quarter. Strs Ohio now owns 5,029 shares of the utilities provider’s stock valued at $241,000 after purchasing an additional 217 shares in the last quarter. Fifth Third Wealth Advisors LLC boosted its position in shares of OGE Energy by 3.3% in the first quarter. Fifth Third Wealth Advisors LLC now owns 6,740 shares of the utilities provider’s stock worth $323,000 after buying an additional 218 shares during the period. Pacer Advisors Inc. grew its holdings in shares of OGE Energy by 1.3% during the first quarter. Pacer Advisors Inc. now owns 24,399 shares of the utilities provider’s stock valued at $1,170,000 after buying an additional 305 shares in the last quarter. Arizona State Retirement System grew its holdings in shares of OGE Energy by 0.6% during the second quarter. Arizona State Retirement System now owns 56,945 shares of the utilities provider’s stock valued at $2,771,000 after buying an additional 313 shares in the last quarter. Finally, Root Financial Partners LLC raised its position in OGE Energy by 111.3% during the first quarter. Root Financial Partners LLC now owns 598 shares of the utilities provider’s stock valued at $29,000 after buying an additional 315 shares during the period. Institutional investors own 71.84% of the company’s stock.

Insider Transactions at OGE Energy

In other OGE Energy news, SVP Donnie Jones sold 6,508 shares of the business’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $46.11, for a total value of $300,083.88. Following the sale, the senior vice president directly owned 40,555 shares in the company, valued at approximately $1,869,991.05. The trade was a 13.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.57% of the stock is currently owned by insiders.

OGE Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Monday, October 5th will be issued a dividend of $0.4288 per share. The ex-dividend date of this dividend is Monday, October 5th. This is an increase from OGE Energy’s previous quarterly dividend of $0.4250. This represents a $1.72 dividend on an annualized basis and a yield of 3.8%. OGE Energy’s dividend payout ratio is presently 74.89%.

About OGE Energy

OGE Energy Corp. (NYSE: OGE) is an energy holding company headquartered in Oklahoma City, Oklahoma. Through its principal subsidiary, Oklahoma Gas and Electric Company (OG&E), the company provides regulated electric utility services, including the generation, transmission, distribution and retail sale of electricity.

OG&E serves residential, commercial and industrial customers across Oklahoma and western Arkansas. Its operations include a portfolio of power-generation facilities and an electric transmission and distribution network supporting the communities and businesses within its service territory.

OGE Energy traces its utility operations to the founding of Oklahoma Gas and Electric in 1902.