OGE Energy Corporation (NYSE:OGE) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Analysts give OGE Energy an average rating of Moderate Buy from 11 firms (6 buy, 5 hold) with an average 12‑month price target of $48.11.
• OGE beat quarterly EPS expectations ($0.33 vs. $0.30) and set FY2026 guidance of 2.38–2.48 EPS; the stock trades near $47.53 with a market cap of about $9.8 billion and a P/E of ~20.6.
• The company announced a quarterly dividend of $0.425 (annualized $1.70, yield ~3.6%), and reported insider moves—CAO sold shares while a director bought 10,420 shares—against a backdrop of ~71.8% institutional ownership.

OGE Energy Corporation (NYSE:OGE - Get Free Report) has been given an average rating of "Moderate Buy" by the eleven research firms that are presently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $48.1111.

OGE has been the subject of several research reports. BMO Capital Markets assumed coverage on OGE Energy in a research note on Tuesday, January 13th. They set a "market perform" rating and a $45.00 price objective for the company. Mizuho set a $49.00 target price on OGE Energy in a research report on Thursday, February 19th. JPMorgan Chase & Co. assumed coverage on OGE Energy in a report on Friday, March 20th. They set an "overweight" rating and a $52.00 target price for the company. Royal Bank Of Canada reiterated a "sector perform" rating on shares of OGE Energy in a research report on Friday, January 23rd. Finally, UBS Group dropped their price target on OGE Energy from $45.00 to $44.00 and set a "neutral" rating on the stock in a research note on Wednesday, December 17th.

OGE Energy Stock Down 0.3%

OGE stock opened at $47.53 on Friday. OGE Energy has a 12 month low of $40.80 and a 12 month high of $49.55. The firm has a market cap of $9.80 billion, a PE ratio of 20.58, a P/E/G ratio of 3.40 and a beta of 0.61. The firm has a 50 day simple moving average of $46.28 and a 200 day simple moving average of $45.04. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.78 and a quick ratio of 0.49.

OGE Energy (NYSE:OGE - Get Free Report) last issued its earnings results on Wednesday, February 18th. The utilities provider reported $0.33 earnings per share for the quarter, topping analysts' consensus estimates of $0.30 by $0.03. The firm had revenue of $725.80 million during the quarter, compared to analysts' expectations of $277.80 million. OGE Energy had a net margin of 14.44% and a return on equity of 9.89%. The firm's revenue for the quarter was down 4.6% compared to the same quarter last year. During the same period last year, the firm posted $0.50 earnings per share. OGE Energy has set its FY 2026 guidance at 2.380-2.480 EPS. Equities research analysts forecast that OGE Energy will post 2.27 earnings per share for the current fiscal year.

OGE Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, April 24th. Stockholders of record on Monday, April 6th will be given a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Monday, April 6th. OGE Energy's dividend payout ratio (DPR) is 73.59%.

Insider Buying and Selling

In related news, CAO Sarah R. Stafford sold 6,130 shares of the company's stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $47.77, for a total value of $292,830.10. Following the completion of the sale, the chief accounting officer owned 28,559 shares in the company, valued at approximately $1,364,263.43. This represents a 17.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Lyle G. Ganske acquired 10,420 shares of the firm's stock in a transaction that occurred on Monday, February 23rd. The stock was purchased at an average cost of $47.99 per share, with a total value of $500,055.80. Following the purchase, the director directly owned 10,420 shares in the company, valued at approximately $500,055.80. This trade represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. 0.55% of the stock is owned by insiders.

Institutional Trading of OGE Energy

A number of hedge funds have recently modified their holdings of the business. Millennium Management LLC boosted its position in shares of OGE Energy by 1,160.8% in the first quarter. Millennium Management LLC now owns 94,965 shares of the utilities provider's stock worth $4,365,000 after buying an additional 87,433 shares during the period. Goldman Sachs Group Inc. lifted its stake in OGE Energy by 54.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,043,657 shares of the utilities provider's stock worth $47,966,000 after acquiring an additional 367,960 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in OGE Energy by 4.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 560,664 shares of the utilities provider's stock worth $25,768,000 after acquiring an additional 23,051 shares in the last quarter. Focus Partners Wealth boosted its position in OGE Energy by 7.5% during the 1st quarter. Focus Partners Wealth now owns 9,145 shares of the utilities provider's stock worth $420,000 after acquiring an additional 637 shares during the period. Finally, MAI Capital Management boosted its position in OGE Energy by 17.1% during the 2nd quarter. MAI Capital Management now owns 3,143 shares of the utilities provider's stock worth $139,000 after acquiring an additional 458 shares during the period. Hedge funds and other institutional investors own 71.84% of the company's stock.

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.

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