OGE Energy (NYSE:OGE) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

OGE Energy (NYSE:OGE) issued its quarterly earnings data on Wednesday. The utilities provider reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.04, Briefing.com reports. OGE Energy had a net margin of 15.28% and a return on equity of 10.77%. The business had revenue of $725.80 million during the quarter, compared to analysts’ expectations of $277.80 million. During the same period last year, the company posted $0.50 EPS. The company’s revenue was down 4.6% on a year-over-year basis. OGE Energy updated its FY 2026 guidance to 2.380-2.480 EPS.

Here are the key takeaways from OGE Energy’s conference call:

• Reported strong 2025 results with consolidated EPS of $2.32 (electric company EPS $2.47), weather-normalized load up ~7% and customer growth near 1%, which management says reflects durable demand and affordability advantages.
• Guidance and targets were raised: 2026 consolidated EPS midpoint of $2.43 (up ~7% vs. 2025 midpoint) and a long-term EPS growth target of 5%–7%, with management expecting to deliver in the top half of ranges through 2028.
• Company is accelerating supply additions and large-load activity — ~1.3 GW of new generation being built, finalizing a 1 GW data-center contract (Customer X), and a draft IRP shows ~1.9 GW incremental capacity need by 2031 driven partly by SPP policy changes and RFPs for bridge and 2032 capacity.
• SPP assigned OG&E a significant portion of the Seminole-to-Shreveport 765‑kV line and other ITP projects — management estimates this could be on the order of ~20% of the current capital plan but timing, routing and final costs remain preliminary.
• Financing posture strengthened: company completed a well‑subscribed equity offering (and forward) covering equity needs through 2030, plans ~$300M utility debt in 2026 with no long-term holding‑co debt, targets FFO/Debt ~17% and a 60%–70% dividend payout ratio.

OGE Energy Trading Down 0.9%

Shares of OGE opened at $46.47 on Thursday. OGE Energy has a twelve month low of $40.80 and a twelve month high of $47.61. The firm has a market capitalization of $9.36 billion, a P/E ratio of 18.66, a price-to-earnings-growth ratio of 3.35 and a beta of 0.62. The company has a current ratio of 0.80, a quick ratio of 0.52 and a debt-to-equity ratio of 1.12. The stock’s fifty day simple moving average is $43.58 and its 200 day simple moving average is $44.49.

OGE Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Stockholders of record on Monday, April 6th will be issued a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Monday, April 6th. OGE Energy’s dividend payout ratio is presently 68.27%.

Institutional Trading of OGE Energy

Institutional investors and hedge funds have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd grew its stake 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 worth $36,000 after buying an additional 255 shares during the period. State of Wyoming purchased a new stake in OGE Energy during the 2nd quarter worth $34,000. Sandia Investment Management LP acquired a new stake in OGE Energy in the 4th quarter valued at $43,000. Arax Advisory Partners purchased a new position in OGE Energy in the fourth quarter valued at about $53,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of OGE Energy during the third quarter worth about $74,000. Institutional investors and hedge funds own 71.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Mizuho increased their price objective on OGE Energy from $45.00 to $47.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. BMO Capital Markets assumed coverage on shares of OGE Energy in a research note on Tuesday, January 13th. They set a “market perform” rating and a $45.00 price target on the stock. UBS Group cut their price objective on shares of OGE Energy from $45.00 to $44.00 and set a “neutral” rating for the company in a research report on Wednesday, December 17th. Barclays reduced their price objective on shares of OGE Energy from $51.00 to $49.00 and set an “overweight” rating on the stock in a research note on Thursday, January 22nd. Finally, Jefferies Financial Group lifted their target price on shares of OGE Energy from $52.00 to $55.00 and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Five equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $47.13.

Trending Headlines about OGE Energy

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

• Positive Sentiment: Q4 earnings beat consensus and the stock popped after results; several outlets note upside vs. estimates and a >4% intraday move. OGE Energy shares rise over 4% after Q4 earnings beat expectations
• Positive Sentiment: OGE outlined a 5%–7% EPS growth target through 2028 and cited transmission and data center demand as long‑term investment drivers — positive for growth expectations. OGE Energy outlines 5%–7% EPS growth target through 2028
• Positive Sentiment: OGE declared a quarterly dividend of $0.425 per share (annualized yield ~3.7%), supporting income investor appeal and base demand for the stock. (Company announcement)
• Neutral Sentiment: OGE posted FY‑2025 EPS of $2.32 (up from $2.19 in 2024) and issued FY‑2026 EPS guidance of $2.380–2.480, roughly in line with consensus — guidance narrows visibility but is not materially above street expectations. OGE Energy Corp. reports 2025 results and outlook for 2026
• Neutral Sentiment: Full earnings materials and call transcripts/slide deck are available for detail — useful for assessing driver-level metrics (customer growth, capex plan, rate case timing). OGE Energy Corp. 2025 Q4 – Results – Earnings Call Presentation
• Negative Sentiment: Revenue declined ~4.6% year‑over‑year in the quarter and quarterly EPS was lower than the prior year’s period — these trends may raise near‑term growth concerns. OGE Energy quarterly results and transcript
• Negative Sentiment: Reports flag increasing regulatory scrutiny in OGE’s service territory — regulatory outcomes (rate cases, cost recovery) remain a key risk that could pressure near‑term returns. OGE Energy earnings on deck as regulatory scrutiny intensifies

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.