Zacks Research Estimates OGE Energy’s Q1 Earnings (NYSE:OGE)

OGE Energy Corporation (NYSE:OGE) – Zacks Research lowered their Q1 2027 earnings estimates for OGE Energy in a research note issued on Friday, May 22nd. Zacks Research analyst Team now anticipates that the utilities provider will post earnings per share of $0.41 for the quarter, down from their prior forecast of $0.42. The consensus estimate for OGE Energy’s current full-year earnings is $2.42 per share.

A number of other research firms also recently issued reports on OGE. Mizuho set a $49.00 price target on shares of OGE Energy in a research report on Thursday, February 19th. JPMorgan Chase & Co. assumed coverage on shares of OGE Energy in a research report on Friday, March 20th. They set an “overweight” rating and a $52.00 price target for the company. Weiss Ratings upgraded shares of OGE Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Barclays lifted their price target on shares of OGE Energy from $49.00 to $51.00 and gave the company an “overweight” rating in a research report on Monday, April 20th. Finally, Wall Street Zen downgraded shares of OGE Energy from a “hold” rating to a “sell” rating in a research report on Saturday. Four analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $49.11.

OGE Energy Price Performance

Shares of NYSE:OGE opened at $48.56 on Monday. The company has a quick ratio of 0.40, a current ratio of 0.66 and a debt-to-equity ratio of 1.09. The company has a market cap of $10.02 billion, a P/E ratio of 21.68, a PEG ratio of 3.60 and a beta of 0.55. OGE Energy has a 52 week low of $41.69 and a 52 week high of $50.13. The company has a 50-day moving average price of $47.85 and a 200 day moving average price of $45.73.

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

OGE Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Monday, July 6th. OGE Energy’s payout ratio is currently 75.89%.

Insider Activity at OGE Energy

In related news, CAO Sarah R. Stafford sold 6,130 shares of OGE Energy 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 directly owned 28,559 shares in the company, valued at $1,364,263.43. The trade was a 17.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider William H. Sultemeier sold 7,345 shares of OGE Energy stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $47.97, for a total value of $352,339.65. Following the transaction, the insider owned 74,497 shares of the company’s stock, valued at $3,573,621.09. This represents a 8.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.57% of the company’s stock.

Institutional Trading of OGE Energy

Several hedge funds and other institutional investors have recently bought and sold shares of OGE. Norges Bank purchased a new stake in shares of OGE Energy during the 4th quarter valued at $119,028,000. Morgan Stanley grew its stake in shares of OGE Energy by 103.2% during the 4th quarter. Morgan Stanley now owns 4,628,210 shares of the utilities provider’s stock valued at $197,625,000 after buying an additional 2,350,574 shares during the period. Cohen & Steers Inc. purchased a new stake in shares of OGE Energy during the 4th quarter valued at $68,460,000. Cbre Investment Management Listed Real Assets LLC grew its stake in shares of OGE Energy by 85.8% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 2,215,572 shares of the utilities provider’s stock valued at $94,605,000 after buying an additional 1,022,863 shares during the period. Finally, Life Cycle Investment Partners Ltd purchased a new stake in shares of OGE Energy during the 4th quarter valued at $33,929,000. 71.84% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting OGE Energy

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

• Positive Sentiment: Zacks Research raised its fiscal 2027 earnings estimate to $2.59 per share from $2.58, suggesting slightly improved expectations for OGE Energy’s medium-term profitability.
• Positive Sentiment: The firm also nudged up its fiscal 2028 EPS estimate to $2.80 from $2.79, reinforcing a more favorable longer-term outlook for the utility. OGE Energy analyst update
• Positive Sentiment: Analysts lifted near-term 2026 and 2027 quarterly estimates in several cases, including Q3 2026 EPS to $0.95 and Q3 2027 EPS to $0.96, which may help sentiment around earnings stability.
• Neutral Sentiment: OGE Energy’s latest quarterly results matched EPS expectations at $0.24 per share, while revenue came in above estimates, so there was no major earnings surprise driving the stock.
• Negative Sentiment: Some near-term estimates were trimmed, including Q2 2027 EPS to $0.63 from $0.69, Q4 2027 EPS to $0.59 from $0.61, and Q1 2028 EPS to $0.54 from $0.57, which could temper upside expectations.

OGE Energy Company Profile

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.