Zacks Research Analysts Increase Earnings Estimates for OGE Energy Corp. (NYSE:OGE)

OGE Energy Corp. (NYSE:OGE) – Research analysts at Zacks Research upped their Q2 2025 earnings per share (EPS) estimates for shares of OGE Energy in a report released on Tuesday, October 15th. Zacks Research analyst A. Dutta now expects that the utilities provider will post earnings of $0.66 per share for the quarter, up from their previous estimate of $0.61. The consensus estimate for OGE Energy’s current full-year earnings is $2.14 per share. Zacks Research also issued estimates for OGE Energy’s Q1 2026 earnings at $0.51 EPS and Q3 2026 earnings at $0.78 EPS.

OGE Energy (NYSE:OGE) last released its earnings results on Wednesday, August 7th. The utilities provider reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.05. The company had revenue of $662.60 million for the quarter, compared to analysts’ expectations of $837.51 million. OGE Energy had a return on equity of 9.15% and a net margin of 14.83%. The firm’s quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.44 EPS.

OGE has been the topic of a number of other research reports. Barclays upped their price target on OGE Energy from $36.00 to $39.00 and gave the stock an “equal weight” rating in a report on Monday, August 12th. Evercore ISI upped their price target on OGE Energy from $36.00 to $40.00 and gave the stock an “in-line” rating in a report on Thursday, August 8th. Finally, Jefferies Financial Group assumed coverage on OGE Energy in a research note on Thursday, September 19th. They issued a “buy” rating and a $46.00 target price on the stock. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, OGE Energy currently has a consensus rating of “Hold” and a consensus price target of $38.80.

OGE Energy Stock Performance

OGE opened at $40.99 on Wednesday. The stock has a market cap of $8.22 billion, a P/E ratio of 20.81, a P/E/G ratio of 3.56 and a beta of 0.74. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.71 and a quick ratio of 0.36. The stock’s 50 day simple moving average is $40.00 and its 200 day simple moving average is $37.22. OGE Energy has a 1-year low of $32.06 and a 1-year high of $41.48.

Institutional Investors Weigh In On OGE Energy

A number of institutional investors and hedge funds have recently bought and sold shares of OGE. Dimensional Fund Advisors LP lifted its stake in shares of OGE Energy by 31.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,197,585 shares of the utilities provider’s stock worth $78,453,000 after purchasing an additional 531,730 shares during the period. Victory Capital Management Inc. lifted its stake in shares of OGE Energy by 198.1% during the 2nd quarter. Victory Capital Management Inc. now owns 293,217 shares of the utilities provider’s stock worth $10,468,000 after purchasing an additional 194,839 shares during the period. ClearBridge Investments Ltd lifted its stake in shares of OGE Energy by 2.7% during the 2nd quarter. ClearBridge Investments Ltd now owns 5,829,222 shares of the utilities provider’s stock worth $208,103,000 after purchasing an additional 150,797 shares during the period. Boston Partners lifted its stake in shares of OGE Energy by 3.8% during the 1st quarter. Boston Partners now owns 3,815,848 shares of the utilities provider’s stock worth $130,878,000 after purchasing an additional 139,872 shares during the period. Finally, Ontario Teachers Pension Plan Board lifted its stake in shares of OGE Energy by 84.2% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 294,053 shares of the utilities provider’s stock worth $10,086,000 after purchasing an additional 134,377 shares during the period. Hedge funds and other institutional investors own 71.84% of the company’s stock.

OGE Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 25th. Investors of record on Monday, October 7th will be paid a $0.4213 dividend. The ex-dividend date of this dividend is Monday, October 7th. This represents a $1.69 dividend on an annualized basis and a yield of 4.11%. This is a positive change from OGE Energy’s previous quarterly dividend of $0.42. OGE Energy’s dividend payout ratio is presently 85.28%.

OGE Energy Company Profile

OGE Energy Corp., together with its subsidiaries, operates as an energy services provider in the United States. The company generates, transmits, distributes, and sells electric energy. In addition, it provides retail electric service to approximately 896,000 customers, which covers a service area of approximately 30,000 square miles in Oklahoma and western Arkansas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets.