Q1 Earnings Estimate for OGE Energy Issued By Zacks Research

OGE Energy Corp. (NYSE:OGE - Free Report) - Investment analysts at Zacks Research boosted their Q1 2026 EPS estimates for shares of OGE Energy in a research note issued to investors on Wednesday, May 21st. Zacks Research analyst R. Department now expects that the utilities provider will earn $0.47 per share for the quarter, up from their previous estimate of $0.46. The consensus estimate for OGE Energy's current full-year earnings is $2.27 per share. Zacks Research also issued estimates for OGE Energy's Q2 2026 earnings at $0.60 EPS, Q3 2026 earnings at $0.62 EPS and Q4 2026 earnings at $0.72 EPS.

Other research analysts also recently issued reports about the company. Argus upgraded OGE Energy from a "hold" rating to a "buy" rating and set a $47.00 target price for the company in a research report on Friday, April 11th. Barclays increased their target price on OGE Energy from $44.00 to $45.00 and gave the company an "equal weight" rating in a research report on Tuesday, April 22nd. LADENBURG THALM/SH SH upgraded OGE Energy to a "hold" rating in a research report on Friday, May 9th. Finally, Wells Fargo & Company increased their target price on OGE Energy from $46.00 to $47.00 and gave the company an "equal weight" rating in a research report on Thursday, May 1st. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $46.40.

OGE Energy Price Performance

OGE traded up $0.47 during trading on Monday, reaching $44.16. 322,866 shares of the company traded hands, compared to its average volume of 1,123,161. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.51 and a current ratio of 0.73. OGE Energy has a 12-month low of $34.20 and a 12-month high of $46.91. The firm has a fifty day simple moving average of $44.52 and a 200 day simple moving average of $43.49. The company has a market cap of $8.89 billion, a P/E ratio of 20.07, a PEG ratio of 3.30 and a beta of 0.61.

OGE Energy (NYSE:OGE - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The utilities provider reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.22 by $0.09. OGE Energy had a net margin of 14.79% and a return on equity of 9.71%. The business had revenue of $747.70 million during the quarter, compared to analyst estimates of $695.59 million. During the same period last year, the firm posted $0.09 EPS. The company's revenue was up 25.3% on a year-over-year basis.

Institutional Trading of OGE Energy

Several institutional investors and hedge funds have recently made changes to their positions in OGE. Headlands Technologies LLC purchased a new position in shares of OGE Energy during the fourth quarter valued at $27,000. Alpine Bank Wealth Management purchased a new stake in shares of OGE Energy in the 1st quarter valued at $31,000. Bessemer Group Inc. boosted its holdings in shares of OGE Energy by 102.0% in the 4th quarter. Bessemer Group Inc. now owns 715 shares of the utilities provider's stock valued at $30,000 after acquiring an additional 361 shares during the last quarter. First Command Advisory Services Inc. acquired a new position in OGE Energy in the first quarter valued at approximately $36,000. Finally, Stonebridge Financial Group LLC acquired a new position in OGE Energy in the fourth quarter valued at approximately $35,000. 71.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, insider William H. Sultemeier sold 6,650 shares of OGE Energy stock in a transaction on Tuesday, May 6th. The stock was sold at an average price of $45.54, for a total transaction of $302,841.00. Following the completion of the sale, the insider now directly owns 72,548 shares in the company, valued at approximately $3,303,835.92. This trade represents a 8.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.55% of the stock is owned by corporate insiders.

OGE Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 25th. Investors of record on Monday, July 7th will be given a $0.4213 dividend. The ex-dividend date of this dividend is Monday, July 7th. This represents a $1.69 dividend on an annualized basis and a yield of 3.82%. OGE Energy's dividend payout ratio is presently 69.42%.

OGE Energy Company Profile

OGE Energy Corp., together with its subsidiaries, operates as an energy services provider in the United States. The company generates, transmits, distributes, and sells electric energy. In addition, it provides retail electric service to approximately 896,000 customers, which covers a service area of approximately 30,000 square miles in Oklahoma and western Arkansas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets.