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 estimate of 2.430. The company issued revenue guidance of -.

OGE Energy Price Performance

OGE stock opened at $49.41 on Wednesday. The company has a quick ratio of 0.40, a current ratio of 0.66 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 $50.59. The firm has a market cap of $10.20 billion, a P/E ratio of 22.06, a P/E/G ratio of 3.65 and a beta of 0.53. The company’s 50-day moving average price is $48.25 and its two-hundred day moving average price is $47.22.

OGE Energy (NYSE:OGE) last issued its earnings results on Tuesday, July 28th. The utilities provider reported $0.56 EPS for the quarter, beating the consensus estimate of $0.55 by $0.01. OGE Energy had a net margin of 14.03% and a return on equity of 9.47%. The company had revenue of $711.90 million during the quarter, compared to analysts’ expectations of $782.73 million. On average, analysts anticipate that OGE Energy will post 2.42 earnings per share 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. Stockholders of record on Monday, July 6th will be issued 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 3.4%. OGE Energy’s dividend payout ratio is 75.89%.

Analysts Set New Price Targets

Several equities analysts recently commented on OGE shares. Barclays increased their price objective on shares of OGE Energy from $51.00 to $52.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Morgan Stanley set a $51.00 target price on OGE Energy in a report on Wednesday, July 22nd. LADENBURG THALM/SH SH boosted their price target on shares of OGE Energy from $42.50 to $47.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Wall Street Zen cut shares of OGE Energy from a “hold” rating to a “sell” rating in a research report on Sunday, June 21st. Finally, Weiss Ratings upgraded shares of OGE Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Four equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $49.80.

Insider Activity

In related news, insider William H. Sultemeier sold 7,345 shares of OGE Energy stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $47.97, for a total value of $352,339.65. Following the completion of the sale, the insider owned 74,497 shares of the company’s stock, 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 can be accessed through the SEC website. 0.57% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in OGE. Morgan Stanley lifted its holdings in OGE Energy by 103.2% during the fourth 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 period. Millennium Management LLC raised its holdings in shares of OGE Energy by 843.6% in the 3rd quarter. Millennium Management LLC now owns 819,492 shares of the utilities provider’s stock worth $37,918,000 after purchasing an additional 732,641 shares during the period. Qube Research & Technologies Ltd increased its position in OGE Energy by 305.1% in the third quarter. Qube Research & Technologies Ltd now owns 537,908 shares of the utilities provider’s stock worth $24,889,000 after buying an additional 405,113 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of OGE Energy by 54.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,043,657 shares of the utilities provider’s stock valued at $47,966,000 after buying an additional 367,960 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in OGE Energy by 36.4% in the 4th quarter. AQR Capital Management LLC now owns 1,365,436 shares of the utilities provider’s stock worth $58,304,000 after acquiring an additional 364,408 shares during the last quarter. 71.84% of the stock is 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.