FY2026 EPS Estimates for OGE Energy Cut by Zacks Research

OGE Energy Corporation (NYSE:OGE) – Stock analysts at Zacks Research lowered their FY2026 earnings estimates for OGE Energy in a report issued on Wednesday, March 11th. Zacks Research analyst Team now anticipates that the utilities provider will post earnings per share of $2.42 for the year, down from their prior forecast of $2.43. 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 FY2028 earnings at $2.79 EPS.

OGE Energy (NYSE:OGE) last posted its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.03. OGE Energy had a return on equity of 9.89% and a net margin of 14.44%.The company had revenue of $725.80 million during the quarter, compared to the consensus estimate of $277.80 million. During the same quarter in the prior year, the company earned $0.50 EPS. The firm’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.

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

OGE Energy Stock Up 1.0%

OGE stock opened at $48.36 on Friday. OGE Energy has a twelve month low of $40.80 and a twelve month high of $49.55. The stock has a 50-day simple moving average of $45.37 and a two-hundred day simple moving average of $44.83. The company has a quick ratio of 0.49, a current ratio of 0.78 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $9.97 billion, a PE ratio of 20.93, a PEG ratio of 3.47 and a beta of 0.61.

OGE Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 24th. Investors of record on Monday, April 6th will be given a $0.425 dividend. The ex-dividend date is Monday, April 6th. This represents a $1.70 dividend on an annualized basis and a yield of 3.5%. OGE Energy’s dividend payout ratio (DPR) is currently 73.59%.

Insider Activity

In other news, CAO Sarah R. Stafford sold 6,130 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $47.77, for a total transaction of $292,830.10. Following the completion of the sale, the chief accounting officer directly owned 28,559 shares of the company’s stock, valued at approximately $1,364,263.43. The trade was a 17.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lyle G. Ganske purchased 10,420 shares of the business’s stock in a transaction dated Monday, February 23rd. The stock was bought at an average price of $47.99 per share, for a total transaction of $500,055.80. Following the completion of the acquisition, the director owned 10,420 shares of the company’s stock, valued at approximately $500,055.80. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.55% of the stock is currently owned by company insiders.

Institutional Trading of OGE Energy

Institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in OGE Energy by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 21,500,675 shares of the utilities provider’s stock worth $918,079,000 after acquiring an additional 304,080 shares in the last quarter. State Street Corp raised its holdings in shares of OGE Energy by 1.8% in the 4th quarter. State Street Corp now owns 6,713,937 shares of the utilities provider’s stock valued at $286,685,000 after purchasing an additional 117,977 shares in the last quarter. Boston Partners raised its holdings in shares of OGE Energy by 0.5% in the 3rd quarter. Boston Partners now owns 6,279,360 shares of the utilities provider’s stock valued at $290,530,000 after purchasing an additional 31,138 shares in the last quarter. Clearbridge Investments LLC lifted its position in shares of OGE Energy by 8.3% in the 4th quarter. Clearbridge Investments LLC now owns 6,240,594 shares of the utilities provider’s stock worth $266,473,000 after purchasing an additional 479,278 shares during the period. Finally, Morgan Stanley lifted its position 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 purchasing an additional 2,350,574 shares during the period. Institutional investors own 71.84% of the company’s stock.

More OGE Energy News

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

• Positive Sentiment: Relative-strength improvement — OGE’s Relative Strength (RS) rating rose to 75, a technical signal that can attract momentum and income investors and help support near-term buying interest. OGE Energy sees relative strength rating improve to 75
• Positive Sentiment: Zacks raised longer‑term outlook — Zacks Research bumped its FY2028 EPS view for OGE from $2.72 to $2.79, signaling modestly better longer-term earnings expectations which can support valuation expansion. MarketBeat OGE coverage
• Positive Sentiment: Quarterly upside revisions — Zacks increased several quarterly estimates (notably Q2 2027 and Q3/Q4 2026), suggesting incremental improvement in upcoming quarterly performance that may reassure investors about near-term momentum.
• Neutral Sentiment: Comprehensive estimate refresh — Zacks issued a full set of updated quarterly and FY estimates (Q1–Q4 2026, FY2027, FY2028). The net picture is mixed, so the release mainly provides new modeling inputs rather than a clear directional catalyst. MarketBeat OGE coverage
• Negative Sentiment: Small near‑term cuts — Zacks trimmed several nearer‑term estimates: Q1 2026 (to $0.46), Q2 2026 (to $0.60) and modestly lowered FY2026 (to $2.42) and FY2027 (to $2.57). These cuts could temper upside for the next few quarters and explain some caution among shorter‑term 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.