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

OGE Energy (NYSE:OGE) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.380-2.480 for the period, compared to the consensus earnings per share estimate of 2.430. The company issued revenue guidance of -.

OGE Energy Price Performance

Shares of OGE stock opened at $47.33 on Friday. OGE Energy has a 52 week low of $41.69 and a 52 week high of $50.59. The stock has a market capitalization of $9.77 billion, a PE ratio of 20.85, a PEG ratio of 3.54 and a beta of 0.53. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.40 and a current ratio of 0.66. The stock’s fifty day moving average is $48.23 and its 200-day moving average is $47.29.

OGE Energy (NYSE:OGE) last released its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. The business had revenue of $711.90 million during the quarter, compared to analysts’ expectations of $782.73 million. OGE Energy had a return on equity of 9.52% and a net margin of 14.44%.The firm’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.53 earnings per share. OGE Energy has set its FY 2026 guidance at 2.380-2.480 EPS. Equities research analysts expect that OGE Energy will post 2.42 EPS for the current fiscal year.

OGE Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be paid a $0.425 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 3.6%. OGE Energy’s payout ratio is currently 74.89%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on OGE shares. LADENBURG THALM/SH SH raised their price target on shares of OGE Energy from $42.50 to $47.00 and gave the company a “neutral” rating in a report on Monday, May 11th. BMO Capital Markets reduced their price objective on OGE Energy from $50.00 to $49.00 and set a “market perform” rating on the stock in a report on Wednesday, July 22nd. Barclays increased their price objective on OGE Energy from $51.00 to $52.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Weiss Ratings raised OGE Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Finally, Wall Street Zen downgraded OGE Energy from a “hold” rating to a “sell” rating in a research report on Sunday, June 21st. Four investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, OGE Energy presently has a consensus rating of “Hold” and an average price target of $49.80.

Insider Buying and Selling at OGE Energy

In related news, insider William H. Sultemeier sold 7,345 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $47.97, for a total transaction of $352,339.65. Following the completion of the sale, the insider directly owned 74,497 shares of the company’s stock, valued at $3,573,621.09. The trade was a 8.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.57% of the stock is currently owned by company insiders.

Institutional Trading of OGE Energy

Several institutional investors and hedge funds have recently made changes to their positions in OGE. State of Wyoming bought a new position in shares of OGE Energy in the 2nd quarter worth $34,000. Caitong International Asset Management Co. Ltd increased its holdings in OGE Energy by 49.4% in the third quarter. Caitong International Asset Management Co. Ltd now owns 771 shares of the utilities provider’s stock valued at $36,000 after purchasing an additional 255 shares during the last quarter. Sandia Investment Management LP bought a new stake in OGE Energy in the fourth quarter valued at about $43,000. Arax Advisory Partners acquired a new position in OGE Energy in the fourth quarter valued at about $53,000. Finally, EverSource Wealth Advisors LLC lifted its stake in OGE Energy by 119.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,626 shares of the utilities provider’s stock valued at $72,000 after buying an additional 884 shares during the period. Institutional investors own 71.84% of the company’s stock.

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.