Zacks Research Forecasts OGE Energy’s Q3 Earnings (NYSE:OGE)

OGE Energy Corporation (NYSE:OGE) – Research analysts at Zacks Research increased their Q3 2026 earnings estimates for shares of OGE Energy in a research note issued to investors on Thursday, October 1st. Zacks Research analyst Team now expects that the utilities provider will earn $1.05 per share for the quarter, up from their previous forecast of $1.03. The consensus estimate for OGE Energy’s current full-year earnings is $2.42 per share. Zacks Research also issued estimates for OGE Energy’s Q4 2026 earnings at $0.57 EPS and Q3 2027 earnings at $1.07 EPS.

Several other research analysts also recently issued reports on the company. Argus restated a “buy” rating on shares of OGE Energy in a research report on Wednesday, September 16th. Royal Bank Of Canada raised shares of OGE Energy from a “sector perform” rating to an “outperform” rating and raised their price target for the company from $50.00 to $54.00 in a report on Wednesday, September 2nd. BMO Capital Markets lowered their price objective on OGE Energy from $50.00 to $49.00 and set a “market perform” rating for the company in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. decreased their price target on shares of OGE Energy from $55.00 to $54.00 and set an “overweight” rating for the company in a research report on Wednesday, September 9th. Finally, Morgan Stanley reduced their price objective on shares of OGE Energy from $49.00 to $46.00 and set an “equal weight” rating on the stock in a research note on Friday, September 18th. Seven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $49.73.

OGE Energy Stock Up 0.7%

OGE opened at $45.72 on Friday. The stock has a market capitalization of $9.45 billion, a P/E ratio of 20.14, a P/E/G ratio of 2.98 and a beta of 0.50. OGE Energy has a 12 month low of $41.69 and a 12 month high of $50.59. The business has a 50 day simple moving average of $46.52 and a 200-day simple moving average of $47.48. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.77 and a quick ratio of 0.47.

OGE Energy (NYSE:OGE) last released its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.01. OGE Energy had a return on equity of 9.48% and a net margin of 14.44%.The firm had revenue of $711.90 million for the quarter, compared to analyst estimates of $782.73 million. During the same quarter last year, the company posted $0.53 earnings per share. The business’s revenue was down 4.0% on a year-over-year basis.

Institutional Investors Weigh In On OGE Energy

A number of large investors have recently made changes to their positions in the company. Operose Advisors LLC purchased a new position in OGE Energy during the 2nd quarter valued at about $26,000. Root Financial Partners LLC boosted its stake in shares of OGE Energy by 111.3% during the 1st quarter. Root Financial Partners LLC now owns 598 shares of the utilities provider’s stock valued at $29,000 after buying an additional 315 shares during the period. Markowski Investments purchased a new stake in shares of OGE Energy during the second quarter worth $29,000. Capital Advisors Ltd. LLC boosted its position in OGE Energy by 14,780.0% during the first quarter. Capital Advisors Ltd. LLC now owns 744 shares of the utilities provider’s stock valued at $36,000 after purchasing an additional 739 shares during the last quarter. Finally, Clearstead Trust LLC purchased a new position in OGE Energy in the second quarter valued at about $37,000. Institutional investors and hedge funds own 71.84% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Donnie Jones sold 6,508 shares of OGE Energy stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $46.11, for a total transaction of $300,083.88. Following the transaction, the senior vice president directly owned 40,555 shares of the company’s stock, valued at $1,869,991.05. The trade was a 13.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.57% of the stock is owned by corporate insiders.

OGE Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Monday, October 5th will be issued a $0.4288 dividend. This represents a $1.72 annualized dividend and a dividend yield of 3.8%. This is a positive change from OGE Energy’s previous quarterly dividend of $0.4250. The ex-dividend date is Monday, October 5th. OGE Energy’s payout ratio is currently 74.89%.

About OGE Energy

OGE Energy Corp. (NYSE: OGE) is an energy holding company headquartered in Oklahoma City, Oklahoma. Through its principal subsidiary, Oklahoma Gas and Electric Company (OG&E), the company provides regulated electric utility services, including the generation, transmission, distribution and retail sale of electricity.

OG&E serves residential, commercial and industrial customers across Oklahoma and western Arkansas. Its operations include a portfolio of power-generation facilities and an electric transmission and distribution network supporting the communities and businesses within its service territory.

OGE Energy traces its utility operations to the founding of Oklahoma Gas and Electric in 1902.