Zacks Research Forecasts Reduced Earnings for OGE Energy

OGE Energy Corporation (NYSE:OGE) – Equities research analysts at Zacks Research decreased their FY2026 earnings per share estimates for OGE Energy in a note issued to investors on Wednesday, March 11th. Zacks Research analyst Team now expects that the utilities provider will post earnings per share of $2.42 for the year, down from their previous estimate of $2.43. 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 FY2028 earnings at $2.79 EPS.

Other research analysts have also recently issued reports about the stock. BMO Capital Markets assumed coverage on shares of OGE Energy in a research report on Tuesday, January 13th. They issued a “market perform” rating and a $45.00 price objective on the stock. Mizuho set a $49.00 target price on shares of OGE Energy in a research report on Thursday, February 19th. UBS Group cut their price target on shares of OGE Energy from $45.00 to $44.00 and set a “neutral” rating for the company in a research note on Wednesday, December 17th. Royal Bank Of Canada restated a “sector perform” rating on shares of OGE Energy in a research report on Friday, January 23rd. Finally, Wells Fargo & Company lifted their price objective on shares of OGE Energy from $39.00 to $41.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Five analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $47.63.

OGE Energy Stock Performance

NYSE:OGE opened at $48.36 on Friday. The stock has a market cap of $9.97 billion, a P/E ratio of 20.93, a PEG ratio of 3.43 and a beta of 0.61. The company has a quick ratio of 0.49, a current ratio of 0.78 and a debt-to-equity ratio of 1.08. The business’s 50-day moving average price is $45.37 and its two-hundred day moving average price is $44.83. OGE Energy has a twelve month low of $40.80 and a twelve month high of $49.55.

OGE Energy (NYSE:OGE) last posted its earnings results on Wednesday, February 18th. The utilities provider reported $0.33 EPS for the quarter, topping the consensus estimate of $0.30 by $0.03. The business had revenue of $725.80 million during the quarter, compared to analysts’ expectations of $277.80 million. OGE Energy had a return on equity of 9.89% and a net margin of 14.44%.The firm’s revenue was down 4.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.50 earnings per share. OGE Energy has set its FY 2026 guidance at 2.380-2.480 EPS.

OGE Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 24th. Investors of record on Monday, April 6th will be given a $0.425 dividend. The ex-dividend date is Monday, April 6th. This represents a $1.70 dividend on an annualized basis and a yield of 3.5%. OGE Energy’s payout ratio is presently 73.59%.

Insider Activity at OGE Energy

In other OGE Energy news, CAO Sarah R. Stafford sold 6,130 shares of OGE Energy stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $47.77, for a total transaction of $292,830.10. Following the transaction, the chief accounting officer directly owned 28,559 shares of the company’s stock, valued at approximately $1,364,263.43. This trade represents a 17.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Lyle G. Ganske acquired 10,420 shares of the business’s stock in a transaction dated Monday, February 23rd. The stock was acquired at an average cost of $47.99 per share, with a total value of $500,055.80. Following the purchase, the director directly owned 10,420 shares in the company, valued at $500,055.80. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. 0.55% of the stock is owned by corporate insiders.

Institutional Trading of OGE Energy

Several hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in OGE Energy by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 21,500,675 shares of the utilities provider’s stock valued at $918,079,000 after buying an additional 304,080 shares during the period. State Street Corp grew its stake in shares of OGE Energy by 1.8% during the fourth quarter. State Street Corp now owns 6,713,937 shares of the utilities provider’s stock valued at $286,685,000 after buying an additional 117,977 shares during the last quarter. Boston Partners increased its holdings in shares of OGE Energy by 0.5% in the third quarter. Boston Partners now owns 6,279,360 shares of the utilities provider’s stock worth $290,530,000 after buying an additional 31,138 shares during the period. Clearbridge Investments LLC lifted its stake in shares of OGE Energy by 8.3% in the 4th quarter. Clearbridge Investments LLC now owns 6,240,594 shares of the utilities provider’s stock valued at $266,473,000 after acquiring an additional 479,278 shares during the last quarter. Finally, Morgan Stanley lifted its stake in shares of OGE Energy by 103.2% in the 4th quarter. Morgan Stanley now owns 4,628,210 shares of the utilities provider’s stock valued at $197,625,000 after acquiring an additional 2,350,574 shares during the last quarter. 71.84% of the stock is owned by institutional investors.

More OGE Energy News

Here are the key news stories impacting OGE Energy this week:

• Positive Sentiment: Relative-strength improvement — OGE’s Relative Strength (RS) rating rose to 75, a technical signal that can attract momentum and income investors and help support near-term buying interest. OGE Energy sees relative strength rating improve to 75
• Positive Sentiment: Zacks raised longer‑term outlook — Zacks Research bumped its FY2028 EPS view for OGE from $2.72 to $2.79, signaling modestly better longer-term earnings expectations which can support valuation expansion. MarketBeat OGE coverage
• Positive Sentiment: Quarterly upside revisions — Zacks increased several quarterly estimates (notably Q2 2027 and Q3/Q4 2026), suggesting incremental improvement in upcoming quarterly performance that may reassure investors about near-term momentum.
• Neutral Sentiment: Comprehensive estimate refresh — Zacks issued a full set of updated quarterly and FY estimates (Q1–Q4 2026, FY2027, FY2028). The net picture is mixed, so the release mainly provides new modeling inputs rather than a clear directional catalyst. MarketBeat OGE coverage
• Negative Sentiment: Small near‑term cuts — Zacks trimmed several nearer‑term estimates: Q1 2026 (to $0.46), Q2 2026 (to $0.60) and modestly lowered FY2026 (to $2.42) and FY2027 (to $2.57). These cuts could temper upside for the next few quarters and explain some caution among shorter‑term investors.

About OGE Energy

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.