Q1 Earnings Forecast for OGE Energy Issued By Zacks Research

OGE Energy Corp. (NYSE:OGE) – Equities research analysts at Zacks Research increased their Q1 2026 earnings per share (EPS) estimates for OGE Energy in a research report issued to clients and 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 prior forecast 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 have also recently issued reports about the company. Argus upgraded OGE Energy from a “hold” rating to a “buy” rating and set a $47.00 price target on the stock in a research note on Friday, April 11th. Wells Fargo & Company upped their price target on OGE Energy from $46.00 to $47.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 1st. LADENBURG THALM/SH SH upgraded OGE Energy to a “hold” rating in a research note on Friday, May 9th. Finally, Barclays upped their price target on OGE Energy from $44.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 22nd. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, OGE Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.40.

OGE Energy Trading Up 1.1%

OGE opened at $44.27 on Monday. OGE Energy has a one year low of $34.20 and a one year high of $46.91. The stock has a market capitalization of $8.91 billion, a PE ratio of 20.12, a P/E/G ratio of 3.30 and a beta of 0.61. The business’s 50 day moving average price is $44.58 and its 200 day moving average price is $43.47. 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 (NYSE:OGE) last released its quarterly earnings data on Wednesday, April 30th. The utilities provider reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.09. OGE Energy had a return on equity of 9.71% and a net margin of 14.79%. The firm had revenue of $747.70 million for the quarter, compared to analysts’ expectations of $695.59 million. During the same period in the prior year, the firm posted $0.09 earnings per share. The firm’s quarterly revenue was up 25.3% on a year-over-year basis.

Institutional Trading of OGE Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Acadian Asset Management LLC increased its position in shares of OGE Energy by 18,212.6% during the first quarter. Acadian Asset Management LLC now owns 74,349 shares of the utilities provider’s stock worth $3,411,000 after purchasing an additional 73,943 shares in the last quarter. Geneos Wealth Management Inc. increased its position in shares of OGE Energy by 14.1% during the first quarter. Geneos Wealth Management Inc. now owns 9,006 shares of the utilities provider’s stock worth $414,000 after purchasing an additional 1,116 shares in the last quarter. Focus Partners Wealth increased its position in shares of OGE Energy by 7.5% during the first quarter. Focus Partners Wealth now owns 9,145 shares of the utilities provider’s stock worth $420,000 after purchasing an additional 637 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in OGE Energy by 4.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 560,664 shares of the utilities provider’s stock valued at $25,768,000 after acquiring an additional 23,051 shares during the period. Finally, Goldman Sachs Group Inc. raised its stake in OGE Energy by 54.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,043,657 shares of the utilities provider’s stock valued at $47,966,000 after acquiring an additional 367,960 shares during the last quarter. Institutional investors and hedge funds own 71.84% of the company’s stock.

Insider Buying and Selling at OGE Energy

In other OGE Energy news, insider William H. Sultemeier sold 6,650 shares of the firm’s stock in a transaction on Tuesday, May 6th. The stock was sold at an average price of $45.54, for a total value of $302,841.00. Following the sale, the insider now directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.55% of the stock is owned by insiders.

OGE Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 25th. Shareholders of record on Monday, July 7th will be paid a $0.4213 dividend. This represents a $1.69 dividend on an annualized basis and a yield of 3.81%. The ex-dividend date is Monday, July 7th. OGE Energy’s dividend payout ratio is presently 69.42%.

About OGE Energy

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.