OGE Energy Corporation (NYSE:OGE) Receives $49.11 Average Target Price from Analysts

Shares of OGE Energy Corporation (NYSE:OGE) have been assigned an average rating of “Hold” from the ten brokerages that are presently covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $49.1111.

A number of brokerages have issued reports on OGE. Mizuho set a $49.00 price target on shares of OGE Energy in a research note on Thursday, February 19th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of OGE Energy in a report on Friday, January 23rd. Barclays upped their price objective on shares of OGE Energy from $49.00 to $51.00 and gave the company an “overweight” rating in a report on Monday, April 20th. Wells Fargo & Company upped their price objective on shares of OGE Energy from $47.00 to $48.00 and gave the company an “equal weight” rating in a report on Thursday, April 30th. Finally, Weiss Ratings raised shares of OGE Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th.

Insider Activity at OGE Energy

In other OGE Energy news, insider William H. Sultemeier sold 7,345 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $47.97, for a total value of $352,339.65. Following the sale, the insider owned 74,497 shares in the company, valued at approximately $3,573,621.09. This represents a 8.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Sarah R. Stafford sold 6,130 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $47.77, for a total transaction of $292,830.10. Following the sale, the chief accounting officer directly owned 28,559 shares in the company, valued at $1,364,263.43. The trade was a 17.67% decrease in their position. The SEC filing for this sale provides additional information. 0.57% of the stock is owned by company insiders.

Institutional Trading of OGE Energy

A number of hedge funds have recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of OGE Energy in the fourth quarter valued at about $119,028,000. Morgan Stanley raised its position 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 purchasing an additional 2,350,574 shares during the last quarter. Cohen & Steers Inc. acquired a new position in shares of OGE Energy during the 4th quarter worth about $68,460,000. Cbre Investment Management Listed Real Assets LLC lifted its stake in OGE Energy by 85.8% in the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 2,215,572 shares of the utilities provider’s stock valued at $94,605,000 after buying an additional 1,022,863 shares in the last quarter. Finally, Life Cycle Investment Partners Ltd purchased a new position in OGE Energy in the 4th quarter valued at about $33,929,000. 71.84% of the stock is owned by hedge funds and other institutional investors.

Key OGE Energy News

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

• Positive Sentiment: Zacks Research raised its fiscal 2027 earnings estimate to $2.59 per share from $2.58, suggesting slightly improved expectations for OGE Energy’s medium-term profitability.
• Positive Sentiment: The firm also nudged up its fiscal 2028 EPS estimate to $2.80 from $2.79, reinforcing a more favorable longer-term outlook for the utility. OGE Energy analyst update
• Positive Sentiment: Analysts lifted near-term 2026 and 2027 quarterly estimates in several cases, including Q3 2026 EPS to $0.95 and Q3 2027 EPS to $0.96, which may help sentiment around earnings stability.
• Neutral Sentiment: OGE Energy’s latest quarterly results matched EPS expectations at $0.24 per share, while revenue came in above estimates, so there was no major earnings surprise driving the stock.
• Negative Sentiment: Some near-term estimates were trimmed, including Q2 2027 EPS to $0.63 from $0.69, Q4 2027 EPS to $0.59 from $0.61, and Q1 2028 EPS to $0.54 from $0.57, which could temper upside expectations.

OGE Energy Trading Up 1.0%

Shares of OGE Energy stock opened at $48.56 on Monday. The company has a current ratio of 0.66, a quick ratio of 0.40 and a debt-to-equity ratio of 1.09. OGE Energy has a 12-month low of $41.69 and a 12-month high of $50.13. The firm has a market capitalization of $10.02 billion, a price-to-earnings ratio of 21.68, a PEG ratio of 3.56 and a beta of 0.55. The firm’s 50 day simple moving average is $47.85 and its two-hundred day simple moving average is $45.72.

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, meeting analysts’ consensus estimates of $0.24. OGE Energy had a net margin of 14.03% and a return on equity of 9.47%. The business had revenue of $752.60 million for the quarter, compared to analyst estimates of $616.02 million. During the same quarter in the prior year, the business posted $0.31 EPS. OGE Energy’s revenue for the quarter was up .7% compared to the same quarter last year. Analysts predict that OGE Energy will post 2.42 EPS for the current year.

OGE Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be issued a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Monday, July 6th. OGE Energy’s dividend payout ratio (DPR) is 75.89%.

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.