Zacks Research Has Negative View of OGE Energy Q1 Earnings

OGE Energy Corporation (NYSE:OGE) – Investment analysts at Zacks Research decreased their Q1 2026 earnings per share estimates for shares of OGE Energy in a research note issued to investors on Wednesday, March 11th. Zacks Research analyst Team now expects that the utilities provider will earn $0.46 per share for the quarter, down from their prior estimate of $0.47. The consensus estimate for OGE Energy’s current full-year earnings is $2.27 per share. Zacks Research also issued estimates for OGE Energy’s Q2 2026 earnings at $0.60 EPS, Q3 2026 earnings at $0.72 EPS, Q4 2026 earnings at $0.65 EPS, Q1 2027 earnings at $0.51 EPS, Q2 2027 earnings at $0.69 EPS, FY2027 earnings at $2.57 EPS and FY2028 earnings at $2.72 EPS.

OGE Energy (NYSE:OGE) last issued its quarterly earnings data on Wednesday, February 18th. The utilities provider reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. OGE Energy had a return on equity of 9.89% and a net margin of 14.44%.The business had revenue of $725.80 million for the quarter, compared to analyst estimates of $277.80 million. During the same quarter in the previous year, the company posted $0.50 EPS. OGE Energy’s quarterly revenue was down 4.6% compared to the same quarter last year. OGE Energy has set its FY 2026 guidance at 2.380-2.480 EPS.

Several other research analysts also recently issued reports on OGE. Wells Fargo & Company upped their price objective on OGE Energy from $39.00 to $41.00 and gave the company an “overweight” rating in a research note on Thursday, February 19th. Royal Bank Of Canada reissued a “sector perform” rating on shares of OGE Energy in a report on Friday, January 23rd. UBS Group decreased their price target on shares of OGE Energy from $45.00 to $44.00 and set a “neutral” rating for the company in a research report on Wednesday, December 17th. Barclays dropped their price target on shares of OGE Energy from $51.00 to $49.00 and set an “overweight” rating for the company in a research note on Thursday, January 22nd. Finally, BMO Capital Markets began coverage on shares of OGE Energy in a report on Tuesday, January 13th. They set a “market perform” rating and a $45.00 price target on the stock. Five research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, OGE Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $47.63.

OGE Energy Stock Performance

Shares of OGE stock opened at $47.08 on Thursday. The firm has a market capitalization of $9.71 billion, a price-to-earnings ratio of 20.38, a PEG ratio of 3.41 and a beta of 0.61. The company has a current ratio of 0.78, a quick ratio of 0.49 and a debt-to-equity ratio of 1.08. The business’s 50-day moving average price is $45.16 and its 200-day moving average price is $44.79. OGE Energy has a 12 month low of $40.80 and a 12 month high of $49.55.

OGE Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Investors of record on Monday, April 6th will be paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Monday, April 6th. OGE Energy’s payout ratio is currently 73.59%.

Insider Buying and Selling

In other news, Director Lyle G. Ganske purchased 10,420 shares of the stock in a transaction on Monday, February 23rd. The stock was purchased at an average price of $47.99 per share, for a total transaction of $500,055.80. Following the acquisition, the director owned 10,420 shares in the company, valued at $500,055.80. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Sarah R. Stafford sold 6,130 shares of the business’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 owned 28,559 shares in the company, valued at $1,364,263.43. This trade represents a 17.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.55% of the stock is owned by insiders.

Hedge Funds Weigh In On OGE Energy

Hedge funds and other institutional investors have recently bought and sold shares of the company. Orion Porfolio Solutions LLC grew its holdings in OGE Energy by 3.3% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 6,979 shares of the utilities provider’s stock worth $323,000 after acquiring an additional 222 shares during the period. Bfsg LLC boosted its position in shares of OGE Energy by 2.3% during the 4th quarter. Bfsg LLC now owns 10,280 shares of the utilities provider’s stock valued at $439,000 after purchasing an additional 232 shares in the last quarter. Blair William & Co. IL grew its stake in OGE Energy by 0.9% during the third quarter. Blair William & Co. IL now owns 27,454 shares of the utilities provider’s stock worth $1,270,000 after purchasing an additional 234 shares during the period. Savvy Advisors Inc. increased its holdings in OGE Energy by 1.4% in the fourth quarter. Savvy Advisors Inc. now owns 18,812 shares of the utilities provider’s stock worth $803,000 after purchasing an additional 251 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its stake in OGE Energy by 49.4% in the third quarter. Caitong International Asset Management Co. Ltd now owns 771 shares of the utilities provider’s stock valued at $36,000 after buying an additional 255 shares during the period. Institutional investors and hedge funds own 71.84% of the company’s stock.

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.