OGE Energy Corp. (NYSE:OGE - Free Report) - Research analysts at Zacks Research raised their Q1 2026 earnings estimates for shares of OGE Energy in a research note issued to investors on Wednesday, May 21st. Zacks Research analyst R. Department now forecasts 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.
OGE Energy (NYSE:OGE - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The utilities provider reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.22 by $0.09. The firm had revenue of $747.70 million for the quarter, compared to analyst estimates of $695.59 million. OGE Energy had a net margin of 14.79% and a return on equity of 9.71%. The business's quarterly revenue was up 25.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.09 earnings per share.
OGE has been the topic of several other reports. Argus raised OGE Energy from a "hold" rating to a "buy" rating and set a $47.00 target price on the stock in a report on Friday, April 11th. Barclays raised their target price on OGE Energy from $44.00 to $45.00 and gave the stock an "equal weight" rating in a report on Tuesday, April 22nd. Wells Fargo & Company raised their price objective on shares of OGE Energy from $46.00 to $47.00 and gave the stock an "equal weight" rating in a research note on Thursday, May 1st. Finally, LADENBURG THALM/SH SH raised shares of OGE Energy to a "hold" rating in a research note on Friday, May 9th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $46.40.
View Our Latest Stock Report on OGE
OGE Energy Stock Performance
OGE traded up $0.30 during midday trading on Monday, hitting $44.54. 844,510 shares of the company were exchanged, compared to its average volume of 1,127,199. The company's 50 day simple moving average is $44.54 and its 200 day simple moving average is $43.49. The firm has a market capitalization of $8.97 billion, a price-to-earnings ratio of 20.25, a price-to-earnings-growth ratio of 3.30 and a beta of 0.61. The company has a current ratio of 0.73, a quick ratio of 0.51 and a debt-to-equity ratio of 1.08. OGE Energy has a 1-year low of $34.20 and a 1-year high of $46.91.
OGE Energy Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 25th. Stockholders of record on Monday, July 7th will be given a dividend of $0.4213 per share. This represents a $1.69 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date is Monday, July 7th. OGE Energy's dividend payout ratio (DPR) is presently 69.42%.
Insider Buying and Selling at OGE Energy
In other news, insider William H. Sultemeier sold 6,650 shares of OGE Energy stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $45.54, for a total value of $302,841.00. Following the sale, the insider now owns 72,548 shares in the company, valued at $3,303,835.92. This trade represents a 8.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.55% of the stock is owned by corporate insiders.
Institutional Trading of OGE Energy
Institutional investors have recently modified their holdings of the stock. Headlands Technologies LLC acquired a new stake in OGE Energy in the 4th quarter worth about $27,000. Bessemer Group Inc. boosted its stake in shares of OGE Energy by 102.0% in the fourth quarter. Bessemer Group Inc. now owns 715 shares of the utilities provider's stock worth $30,000 after acquiring an additional 361 shares during the last quarter. Alpine Bank Wealth Management acquired a new stake in shares of OGE Energy in the first quarter worth approximately $31,000. Stonebridge Financial Group LLC acquired a new stake in shares of OGE Energy in the fourth quarter worth approximately $35,000. Finally, First Command Advisory Services Inc. acquired a new stake in shares of OGE Energy in the first quarter worth approximately $36,000. Institutional investors and hedge funds own 71.84% of the company's stock.
About OGE Energy
(
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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.
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