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

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

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on OGE. Mizuho set a $49.00 price target on OGE Energy in a research note on Thursday, February 19th. Barclays boosted their price target on OGE Energy from $49.00 to $51.00 and gave the stock an “overweight” rating in a research note on Monday, April 20th. BMO Capital Markets assumed coverage on OGE Energy in a report on Tuesday, January 13th. They set a “market perform” rating and a $45.00 target price for the company. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of OGE Energy in a report on Friday, January 23rd. Finally, Wells Fargo & Company lifted their target price on OGE Energy from $47.00 to $48.00 and gave the stock an “equal weight” rating in a report on Thursday. Four research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, OGE Energy has an average rating of “Hold” and an average price target of $49.38.

OGE Energy Stock Performance

NYSE:OGE traded up $1.35 during trading hours on Thursday, reaching $48.69. The company had a trading volume of 1,225,554 shares, compared to its average volume of 1,646,297. OGE Energy has a 1-year low of $41.69 and a 1-year high of $50.13. The firm has a market cap of $10.05 billion, a PE ratio of 21.06, a price-to-earnings-growth ratio of 3.52 and a beta of 0.59. The business’s 50 day moving average price is $48.01 and its 200-day moving average price is $45.54. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.78 and a quick ratio of 0.49.

OGE Energy (NYSE:OGE) last announced its earnings results on Wednesday, April 29th. The utilities provider reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.13). The business had revenue of $752.60 million for the quarter, compared to analyst estimates of $604.51 million. OGE Energy had a return on equity of 9.89% and a net margin of 14.44%.The company’s quarterly revenue was up .7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.31 earnings per share. OGE Energy has set its FY 2026 guidance at 2.38-2.48 EPS. Research analysts forecast that OGE Energy will post 2.43 EPS for the current year.

OGE Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 24th. Stockholders of record on Monday, April 6th were paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Monday, April 6th. OGE Energy’s dividend payout ratio is presently 73.59%.

Insider Activity at OGE Energy

In other news, CAO Sarah R. Stafford sold 6,130 shares of the company’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 completion of the transaction, the chief accounting officer directly owned 28,559 shares of the company’s stock, valued at $1,364,263.43. This represents a 17.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Lyle G. Ganske bought 10,420 shares of OGE Energy stock in a transaction dated Monday, February 23rd. The shares were acquired at an average cost of $47.99 per share, with a total value of $500,055.80. Following the completion of the purchase, the director owned 10,420 shares in the company, valued at approximately $500,055.80. This trade represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 0.57% of the company’s stock.

OGE Energy News Roundup

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

• Positive Sentiment: OG&E (OGE’s regulated utility) signed agreements to power three new Google data centers in Muskogee and Stillwater — a sizable, long‑term large customer that should support incremental load, grid investment recovery and local economic growth. OG&E Announces Landmark Contract with Google
• Neutral Sentiment: OGE set FY2026 EPS guidance at $2.38–$2.48, which is essentially in line with consensus (~$2.43). Guidance removes some uncertainty but doesn’t materially raise expectations. OGE Energy Corp. reports first quarter 2026 results
• Neutral Sentiment: Revenue for Q1 came in at $752.6M versus analyst estimates near $604.5M (a beat), reflecting higher topline activity even as underlying margin/earnings were weaker. Higher revenue can indicate rising system load or timing of pass‑through items. Q1 press materials
• Neutral Sentiment: Wells Fargo nudged its price target up from $47 to $48 but maintained an “equal weight” rating — a modestly constructive move that still implies limited near‑term upside from current levels. Benzinga note on Wells Fargo price target
• Negative Sentiment: OGE reported Q1 EPS of $0.24, missing consensus (~$0.37) and down from $0.31 a year earlier; the regulated utility’s contribution also fell (from $0.35 to $0.28). The EPS miss is the main near‑term negative catalyst and explains some investor caution. OGE Q1 results

Institutional Trading of OGE Energy

Several large investors have recently made changes to their positions in OGE. Millennium Management LLC increased its position in shares of OGE Energy by 1,160.8% during the first quarter. Millennium Management LLC now owns 94,965 shares of the utilities provider’s stock worth $4,365,000 after purchasing an additional 87,433 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of OGE Energy by 54.5% during the first quarter. Goldman Sachs Group Inc. now owns 1,043,657 shares of the utilities provider’s stock worth $47,966,000 after purchasing an additional 367,960 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of OGE Energy by 4.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 560,664 shares of the utilities provider’s stock worth $25,768,000 after purchasing an additional 23,051 shares in the last quarter. Focus Partners Wealth increased its position in shares of OGE Energy by 7.5% during the first quarter. Focus Partners Wealth now owns 9,145 shares of the utilities provider’s stock worth $420,000 after purchasing an additional 637 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of OGE Energy by 3.9% during the second quarter. Russell Investments Group Ltd. now owns 8,612 shares of the utilities provider’s stock worth $382,000 after purchasing an additional 321 shares in the last quarter. 71.84% of the stock is currently owned by hedge funds and other institutional investors.

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.