Q3 Earnings Estimate for OGE Energy Issued By Zacks Research

Key Points

• Zacks Research raised OGE Energy’s Q3 2026 EPS estimate to $1.02 from $1.00; the current consensus estimate for full-year earnings is $2.42 per share.
• In its latest quarter, OGE earned $0.56 per share, narrowly beating expectations of $0.55, but revenue fell 4% year over year to $711.9 million, below the $782.7 million analyst estimate.
• Analysts maintain a broadly neutral outlook, with four Buy and seven Hold ratings and a consensus price target of $49.80; OGE recently traded at $46.96.

OGE Energy Corporation (NYSE:OGE - Free Report) - Investment analysts at Zacks Research raised their Q3 2026 earnings per share (EPS) estimates for shares of OGE Energy in a research note issued on Wednesday, August 19th. Zacks Research analyst Team now forecasts that the utilities provider will earn $1.02 per share for the quarter, up from their prior forecast of $1.00. 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 Q1 2027 earnings at $0.37 EPS, Q2 2027 earnings at $0.60 EPS, Q3 2027 earnings at $1.04 EPS, Q1 2028 earnings at $0.50 EPS and Q2 2028 earnings at $0.63 EPS.

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

Several other equities research analysts have also weighed in on OGE. LADENBURG THALM/SH SH lifted their price objective on OGE Energy from $42.50 to $47.00 and gave the stock a "neutral" rating in a report on Monday, May 11th. Morgan Stanley set a $51.00 target price on shares of OGE Energy in a research report on Wednesday, July 22nd. Wells Fargo & Company upped their price target on shares of OGE Energy from $47.00 to $48.00 and gave the company an "equal weight" rating in a research note on Thursday, April 30th. Barclays boosted their target price on shares of OGE Energy from $51.00 to $52.00 and gave the company an "overweight" rating in a report on Tuesday, July 14th. Finally, Wall Street Zen upgraded OGE Energy from a "sell" rating to a "hold" rating in a research report on Saturday, August 1st. Four analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, OGE Energy currently has an average rating of "Hold" and a consensus price target of $49.80.

OGE Energy Price Performance

OGE Energy stock opened at $46.96 on Thursday. The business's 50 day simple moving average is $48.13 and its 200 day simple moving average is $47.65. OGE Energy has a 12 month low of $41.69 and a 12 month high of $50.59. The company has a market cap of $9.70 billion, a price-to-earnings ratio of 20.69, a PEG ratio of 3.49 and a beta of 0.53. The company has a current ratio of 0.77, a quick ratio of 0.47 and a debt-to-equity ratio of 1.12.

Hedge Funds Weigh In On OGE Energy

A number of institutional investors have recently made changes to their positions in the stock. Strs Ohio grew its position in OGE Energy by 4.5% in the first quarter. Strs Ohio now owns 5,029 shares of the utilities provider's stock worth $241,000 after acquiring an additional 217 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its stake in OGE Energy by 3.3% during the first quarter. Fifth Third Wealth Advisors LLC now owns 6,740 shares of the utilities provider's stock worth $323,000 after purchasing an additional 218 shares during the last quarter. Orion Porfolio Solutions LLC lifted its stake in OGE Energy by 3.3% during the third quarter. Orion Porfolio Solutions LLC now owns 6,979 shares of the utilities provider's stock worth $323,000 after purchasing an additional 222 shares during the last quarter. Blair William & Co. IL grew its position in OGE Energy by 0.9% during the third quarter. Blair William & Co. IL now owns 27,454 shares of the utilities provider's stock valued at $1,270,000 after acquiring an additional 234 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its position 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 valued at $36,000 after acquiring an additional 255 shares during the last quarter. Institutional investors own 71.84% of the company's stock.

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.

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