OGE Energy (OGE) Stock Price, News & Analysis

Company Overview

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. operates OGE Energy Resources, a business unit focused on natural gas gathering and processing in the Mid-Continent region. This subsidiary also develops and manages renewable energy projects, including wind farms and battery storage systems, positioning OGE to participate in broader energy markets and support regional decarbonization initiatives.

Founded in 1902 as Oklahoma Gas & Electric Company, the organization reorganized in 1997 to form OGE Energy Corp. as a publicly traded holding company. Over more than a century of service, the company has expanded its footprint while maintaining a commitment to reliable, affordable energy and strong community partnerships throughout its service territories.

OGE Energy Corp. is led by President and Chief Executive Officer Kenneth L. Corpus, supported by a board of directors with extensive experience in the utility and energy sectors. The company emphasizes safety, sustainability and operational excellence as it pursues strategic growth and delivers essential energy services to its customers.

Key Stats

• Today's Range: $47.23 to $47.91
• 50-Day Range: $46.01 to $49.88
• 52-Week Range: $41.69 to $50.13
• Volume: 1.60 million shs
• Average Volume: 1.56 million shs
• Market Capitalization: $9.76 billion
• P/E Ratio: 21.10
• Dividend Yield: 3.60%
• Price Target: $49.38
• Consensus Rating: Hold

OGE Energy Stock Analysis - MarketRank™

OGE Energy scored higher than 80% of companies evaluated by MarketBeat, and ranked 37th out of 93 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Hold

Consensus Rating

OGE Energy has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on no strong buy ratings, 4 buy ratings, 6 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for OGE Energy is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

OGE Energy has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 7.02%

Earnings Growth

Earnings for OGE Energy are expected to grow by 7.02% in the coming year, from $2.42 to $2.59 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of OGE Energy is 21.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.16.

Price to Earnings Ratio vs. Sector

The P/E ratio of OGE Energy is 21.10, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 22.11.

Price to Earnings Growth Ratio

OGE Energy has a PEG Ratio of 3.54. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

OGE Energy has a P/B Ratio of 1.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.26% of the float of OGE Energy has been sold short.

Short Interest Ratio / Days to Cover

OGE Energy has a short interest ratio ("days to cover") of 5.64.

Change versus previous month

Short interest in OGE Energy has recently increased by 0.87%, indicating that investor sentiment is decreasing.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Leadership

OGE Energy is a leading dividend payer. It pays a dividend yield of 3.56%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

OGE Energy has been increasing its dividend for 18 years.

Dividend Coverage

The dividend payout ratio of OGE Energy is 75.89%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, OGE Energy will have a dividend payout ratio of 65.64% next year. This indicates that OGE Energy will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.67

News Sentiment

OGE Energy has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for OGE Energy this week, compared to 3 articles on an average week.

Search Interest

Only 1 people have searched for OGE on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added OGE Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 2.9 / 5
• Insider Trading: Acquiring Shares

Net Insider Buying

Over the last three months, insiders have purchased a net $207,226.00 in company stock, which represents 0.0021% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, OGE Energy insiders have bought 70.77% more of their company's stock than they have sold. Specifically, they have bought $500,056.00 in company stock and sold $292,830.00 in company stock.

Percentage Held by Insiders

0.57% of the stock of OGE Energy is held by insiders.

Percentage Held by Institutions

71.84% of the stock of OGE Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

OGE Stock Analysis - Frequently Asked Questions

How have OGE shares performed this year?

OGE Energy's stock was trading at $42.68 at the start of the year. Since then, OGE stock has increased by 10.8% and is now trading at $47.2710.

How were OGE Energy's earnings last quarter?

OGE Energy Corporation (NYSE:OGE) posted its earnings results on Wednesday, April, 29th. The utilities provider reported $0.24 earnings per share for the quarter, hitting analysts' consensus estimates of $0.24. The company's revenue was up .7% on a year-over-year basis.
Read the conference call transcript.

Who are OGE Energy's major shareholders?

Top institutional investors of OGE Energy include Dimensional Fund Advisors LP (1.30%), Bank of New York Mellon Corp (1.06%), Miller Howard Investments Inc. NY (0.34%) and California Public Employees Retirement System (0.25%). Insiders that own company stock include William H Sultemeier, Donnie O Jones, Sarah R Stafford, Cristina F Mcquistion and Lyle G Ganske.
View institutional ownership trends.

How do I buy shares of OGE Energy?

Shares of OGE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of OGE Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that OGE Energy investors own include Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), American Water Works (AWK), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Record date for 4/24 Dividend: 4/06/2026
• Ex-Dividend for 4/24 Dividend: 4/06/2026
• Dividend Payable: 4/24/2026
• Last Earnings: 4/29/2026
• Today: 5/08/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: UTIL - ELEC PWR
• Sub-Industry: Electric Utilities
• Current Symbol: NYSE:OGE
• CIK: 1021635
• Web: www.oge.com
• Phone: (405) 553-3000
• Fax: 405-553-3760
• Employees: 2,248
• Year Founded: 1902

Price Target and Rating

• Average Price Target for OGE Energy: $49.38
• High Price Target: $55.00
• Low Price Target: $44.00
• Potential Upside/Downside: +4.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.24
• Trailing P/E Ratio: 21.10
• Forward P/E Ratio: 19.53
• P/E Growth: 3.54
• Net Income: $470.70 million
• Net Margins: 14.03%
• Pretax Margin: 16.75%
• Return on Equity: 9.47%
• Return on Assets: 3.20%

Debt

• Debt-to-Equity Ratio: 1.09
• Current Ratio: 0.66
• Quick Ratio: 0.40

Sales & Book Value

• Annual Sales: $3.26 billion
• Price / Sales: 2.99
• Cash Flow: $5.07 per share
• Price / Cash Flow: 9.33
• Book Value: $23.93 per share
• Price / Book: 1.98

Miscellaneous

• Outstanding Shares: 206,370,000
• Free Float: 205,198,000
• Market Cap: $9.76 billion
• Optionable: Optionable
• Beta: 0.55