Q3 Earnings Forecast for OGE Energy Issued By Zacks Research

OGE Energy Corporation (NYSE:OGE) – Analysts at Zacks Research lifted their Q3 2026 earnings per share estimates for shares of OGE Energy in a research report issued on Wednesday, June 17th. Zacks Research analyst Team now anticipates that the utilities provider will post earnings per share of $0.97 for the quarter, up from their previous forecast of $0.95. 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 $0.62 EPS, Q3 2027 earnings at $0.98 EPS, Q4 2027 earnings at $0.57 EPS and Q1 2028 earnings at $0.53 EPS.

OGE Energy (NYSE:OGE) last announced its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $0.24 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.24. OGE Energy had a return on equity of 9.47% and a net margin of 14.03%.The company had revenue of $752.60 million during the quarter, compared to analyst estimates of $616.02 million. During the same quarter in the previous year, the firm posted $0.31 EPS. The firm’s quarterly revenue was up .7% on a year-over-year basis.

Other equities analysts have also issued research reports about the stock. Wall Street Zen upgraded shares of OGE Energy from a “sell” rating to a “hold” rating in a research report on Saturday, June 13th. Barclays boosted their price target on shares of OGE Energy from $49.00 to $51.00 and gave the stock an “overweight” rating in a research report on Monday, April 20th. LADENBURG THALM/SH SH increased their price objective 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. Weiss Ratings upgraded shares of OGE Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Finally, JPMorgan Chase & Co. began coverage on OGE Energy in a report on Friday, March 20th. They set an “overweight” rating and a $52.00 target price on the stock. Four analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, OGE Energy has a consensus rating of “Hold” and a consensus target price of $49.11.

OGE Energy Price Performance

Shares of OGE opened at $47.37 on Thursday. OGE Energy has a one year low of $41.69 and a one year high of $50.13. The stock’s fifty day moving average is $47.71 and its 200-day moving average is $46.07. 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 firm has a market capitalization of $9.78 billion, a price-to-earnings ratio of 21.15, a price-to-earnings-growth ratio of 3.55 and a beta of 0.53.

OGE Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be given a $0.425 dividend. The ex-dividend date is Monday, July 6th. This represents a $1.70 annualized dividend and a yield of 3.6%. OGE Energy’s payout ratio is 75.89%.

Insiders Place Their Bets

In other news, insider William H. Sultemeier sold 7,345 shares of the firm’s stock in a transaction dated 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 transaction, the insider owned 74,497 shares in the company, valued at approximately $3,573,621.09. This trade 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. Insiders own 0.57% of the company’s stock.

Institutional Trading of OGE Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in OGE. Vanguard Group Inc. grew its position in OGE Energy by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 21,500,675 shares of the utilities provider’s stock worth $918,079,000 after buying an additional 304,080 shares during the last quarter. State Street Corp lifted its position in shares of OGE Energy by 1.8% during the 4th quarter. State Street Corp now owns 6,713,937 shares of the utilities provider’s stock valued at $286,685,000 after acquiring an additional 117,977 shares during the last quarter. Boston Partners boosted its stake in shares of OGE Energy by 0.5% during the 3rd quarter. Boston Partners now owns 6,279,360 shares of the utilities provider’s stock worth $290,530,000 after acquiring an additional 31,138 shares in the last quarter. Clearbridge Investments LLC boosted its stake in shares of OGE Energy by 8.3% during the 4th quarter. Clearbridge Investments LLC now owns 6,240,594 shares of the utilities provider’s stock worth $266,473,000 after acquiring an additional 479,278 shares in the last quarter. Finally, Morgan Stanley grew its holdings in shares of OGE Energy by 103.2% in the 4th quarter. Morgan Stanley now owns 4,628,210 shares of the utilities provider’s stock worth $197,625,000 after acquiring an additional 2,350,574 shares during the last quarter. 71.84% of the stock is currently owned by 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.