OGE Energy (NYSE:OGE) Updates FY 2026 Earnings Guidance

OGE Energy (NYSE:OGE) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.38-2.48 for the period, compared to the consensus earnings per share estimate of 2.430. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of OGE Energy in a research report on Monday, April 6th. Wells Fargo & Company raised OGE Energy from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $42.00 to $47.00 in a research report on Monday. Wall Street Zen cut OGE Energy from a “hold” rating to a “sell” rating in a research report on Saturday, April 18th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of OGE Energy in a research report on Friday, January 23rd. Finally, Mizuho set a $49.00 target price on OGE Energy in a research report on Thursday, February 19th. Four analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $49.25.

OGE Energy Stock Performance

Shares of OGE Energy stock traded down $0.27 during trading on Wednesday, reaching $47.32. The company’s stock had a trading volume of 1,616,280 shares, compared to its average volume of 1,641,453. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.49 and a current ratio of 0.78. The business’s fifty day moving average price is $47.99 and its 200-day moving average price is $45.53. The firm has a market cap of $9.77 billion, a price-to-earnings ratio of 20.45, a price-to-earnings-growth ratio of 3.52 and a beta of 0.59. OGE Energy has a one year low of $41.69 and a one year high of $50.13.

OGE Energy (NYSE:OGE) last issued its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.13). OGE Energy had a net margin of 14.44% and a return on equity of 9.89%. The firm had revenue of $752.60 million for the quarter, compared to the consensus estimate of $604.51 million. During the same quarter in the prior year, the firm earned $0.31 earnings per share. The company’s revenue was up .7% on a year-over-year basis. As a group, equities research analysts predict that OGE Energy will post 2.43 earnings per share for the current year.

OGE Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 24th. Shareholders of record on Monday, April 6th were issued a dividend of $0.425 per share. The ex-dividend date of this dividend was Monday, April 6th. This represents a $1.70 annualized dividend and a yield of 3.6%. OGE Energy’s dividend payout ratio is currently 73.59%.

Insider Buying and Selling at OGE Energy

In related news, CAO Sarah R. Stafford sold 6,130 shares of the company’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $47.77, for a total value of $292,830.10. Following the completion of the sale, the chief accounting officer owned 28,559 shares in the company, valued at approximately $1,364,263.43. This represents a 17.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Lyle G. Ganske acquired 10,420 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The stock was bought at an average price of $47.99 per share, with a total value of $500,055.80. Following the acquisition, the director directly owned 10,420 shares of the company’s stock, valued at $500,055.80. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.57% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On OGE Energy

A number of large investors have recently added to or reduced their stakes in OGE. Morgan Stanley boosted its stake in shares of OGE Energy by 103.2% during the 4th quarter. Morgan Stanley now owns 4,628,210 shares of the utilities provider’s stock worth $197,625,000 after buying an additional 2,350,574 shares during the last quarter. Millennium Management LLC boosted its stake in shares of OGE Energy by 843.6% during the 3rd quarter. Millennium Management LLC now owns 819,492 shares of the utilities provider’s stock worth $37,918,000 after buying an additional 732,641 shares during the last quarter. Qube Research & Technologies Ltd lifted its stake in OGE Energy by 305.1% in the 3rd quarter. Qube Research & Technologies Ltd now owns 537,908 shares of the utilities provider’s stock valued at $24,889,000 after purchasing an additional 405,113 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in OGE Energy by 54.5% in 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 purchasing an additional 367,960 shares during the last quarter. Finally, AQR Capital Management LLC lifted its stake in OGE Energy by 36.4% in the 4th quarter. AQR Capital Management LLC now owns 1,365,436 shares of the utilities provider’s stock valued at $58,304,000 after purchasing an additional 364,408 shares during the last quarter. Institutional investors own 71.84% of the company’s stock.

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.