Q3 Earnings Forecast for OGE Energy Issued By Zacks Research

Key Points

• Zacks Research raised its Q3 2026 EPS estimate for OGE Energy to $0.97 from $0.95, while the consensus full-year earnings estimate stands at $2.42 per share.
• Analyst sentiment remains mixed: the stock’s average rating is “Hold,” with 4 Buy ratings and 6 Hold ratings, and a consensus price target of $49.11.
• OGE Energy recently reported solid quarterly results and a dividend, posting $0.24 EPS in line with estimates and revenue above expectations, while declaring a $0.425 quarterly dividend yielding about 3.6% annually.

OGE Energy Corporation (NYSE:OGE - Free Report) - Stock analysts at Zacks Research lifted their Q3 2026 EPS estimates for OGE Energy in a research note issued to investors on Wednesday, June 17th. Zacks Research analyst Team now forecasts that the utilities provider will earn $0.97 per share for the quarter, up from their previous forecast of $0.95. 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 $0.62 EPS, Q3 2027 earnings at $0.98 EPS, Q4 2027 earnings at $0.57 EPS and Q1 2028 earnings at $0.53 EPS.

Several other brokerages have also weighed in on OGE. Wall Street Zen raised OGE Energy from a "sell" rating to a "hold" rating in a report on Saturday, June 13th. Wells Fargo & Company lifted their target price on OGE Energy from $47.00 to $48.00 and gave the stock an "equal weight" rating in a research report on Thursday, April 30th. LADENBURG THALM/SH SH boosted their price target on OGE Energy from $42.50 to $47.00 and gave the company a "neutral" rating in a report on Monday, May 11th. Barclays upped their price target on OGE Energy from $49.00 to $51.00 and gave the company an "overweight" rating in a research report on Monday, April 20th. Finally, Weiss Ratings raised shares of OGE Energy from a "buy (b-)" rating to a "buy (b)" rating in a report on Monday, May 4th. Four equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $49.11.

OGE Energy Stock Performance

Shares of OGE stock opened at $47.37 on Thursday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.40 and a current ratio of 0.66. OGE Energy has a one year low of $41.69 and a one year high of $50.13. The company's 50-day simple moving average is $47.71 and its 200-day simple moving average is $46.07. The stock has a market capitalization of $9.78 billion, a price-to-earnings ratio of 21.15, a PEG ratio of 3.55 and a beta of 0.53.

OGE Energy (NYSE:OGE - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $0.24 EPS for the quarter, meeting analysts' consensus estimates of $0.24. The firm had revenue of $752.60 million for the quarter, compared to the consensus estimate of $616.02 million. OGE Energy had a net margin of 14.03% and a return on equity of 9.47%. The firm's revenue was up .7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.31 EPS.

OGE Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date is Monday, July 6th. OGE Energy's payout ratio is presently 75.89%.

Insider Activity at OGE Energy

In other news, insider William H. Sultemeier sold 7,345 shares of the stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $47.97, for a total transaction of $352,339.65. Following the sale, the insider directly owned 74,497 shares in the company, valued at approximately $3,573,621.09. This represents a 8.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.57% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. LFG Wealth Partners LLC increased its position in OGE Energy by 6.1% in the first quarter. LFG Wealth Partners LLC now owns 24,787 shares of the utilities provider's stock worth $1,189,000 after buying an additional 1,421 shares during the period. NewEdge Advisors LLC boosted its holdings in shares of OGE Energy by 10.8% during the first quarter. NewEdge Advisors LLC now owns 53,255 shares of the utilities provider's stock valued at $2,554,000 after acquiring an additional 5,173 shares during the period. Bank of America Corp DE grew its position in shares of OGE Energy by 10.5% during the first quarter. Bank of America Corp DE now owns 967,835 shares of the utilities provider's stock worth $46,417,000 after acquiring an additional 91,696 shares during the last quarter. Janus Henderson Group PLC increased its holdings in shares of OGE Energy by 5.5% in the 1st quarter. Janus Henderson Group PLC now owns 94,891 shares of the utilities provider's stock worth $4,550,000 after acquiring an additional 4,921 shares during the period. Finally, Amundi acquired a new stake in shares of OGE Energy in the 1st quarter worth about $379,000. 71.84% of the stock is currently owned by institutional investors.

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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