Research Analysts Issue Forecasts for OGE Energy Q2 Earnings

OGE Energy Corporation (NYSE:OGEFree Report) – Zacks Research upped their Q2 2025 earnings estimates for shares of OGE Energy in a research note issued on Tuesday, July 15th. Zacks Research analyst R. Department now anticipates that the utilities provider will earn $0.58 per share for the quarter, up from their prior forecast of $0.57. 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 Q4 2026 earnings at $0.71 EPS.

OGE Energy (NYSE:OGEGet Free Report) last posted its earnings results on Wednesday, April 30th. The utilities provider reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.09. The firm had revenue of $747.70 million during the quarter, compared to the consensus estimate of $695.59 million. OGE Energy had a net margin of 15.48% and a return on equity of 10.58%. The company’s revenue was up 25.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.09 EPS.

Several other equities analysts have also recently commented on the company. Argus upgraded OGE Energy from a “hold” rating to a “buy” rating and set a $47.00 target price for the company in a research note on Friday, April 11th. LADENBURG THALM/SH SH upgraded OGE Energy to a “hold” rating in a research note on Friday, May 9th. Barclays upgraded OGE Energy from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $45.00 to $47.00 in a research note on Thursday, June 5th. Finally, Wells Fargo & Company raised their price objective on OGE Energy from $46.00 to $47.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 1st. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $46.80.

Get Our Latest Analysis on OGE

OGE Energy Stock Up 0.4%

NYSE OGE opened at $44.28 on Friday. The stock has a market cap of $8.91 billion, a PE ratio of 18.29, a P/E/G ratio of 3.07 and a beta of 0.59. OGE Energy has a fifty-two week low of $36.66 and a fifty-two week high of $46.91. The business has a 50 day moving average price of $44.13 and a two-hundred day moving average price of $43.90. The company has a quick ratio of 0.47, a current ratio of 0.73 and a debt-to-equity ratio of 1.11.

Institutional Trading of OGE Energy

Several large investors have recently added to or reduced their stakes in OGE. Cetera Investment Advisers boosted its position in OGE Energy by 10.8% during the 4th quarter. Cetera Investment Advisers now owns 62,831 shares of the utilities provider’s stock worth $2,592,000 after acquiring an additional 6,135 shares during the period. Bessemer Group Inc. raised its stake in shares of OGE Energy by 45.9% during the 1st quarter. Bessemer Group Inc. now owns 1,043 shares of the utilities provider’s stock worth $48,000 after purchasing an additional 328 shares in the last quarter. Sowell Financial Services LLC purchased a new stake in shares of OGE Energy during the 1st quarter worth about $305,000. Wealth Enhancement Advisory Services LLC raised its stake in shares of OGE Energy by 19.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 30,922 shares of the utilities provider’s stock worth $1,421,000 after purchasing an additional 5,043 shares in the last quarter. Finally, Hsbc Holdings PLC raised its stake in shares of OGE Energy by 26.2% during the 4th quarter. Hsbc Holdings PLC now owns 8,812 shares of the utilities provider’s stock worth $363,000 after purchasing an additional 1,832 shares in the last quarter. 71.84% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider William H. Sultemeier sold 6,650 shares of the firm’s stock in a transaction on Tuesday, May 6th. The stock was sold at an average price of $45.54, for a total transaction of $302,841.00. Following the transaction, the insider directly owned 72,548 shares of the company’s stock, valued at approximately $3,303,835.92. This trade represents a 8.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Donnie O. Jones sold 11,351 shares of the firm’s stock in a transaction dated Wednesday, May 28th. The shares were sold at an average price of $44.06, for a total value of $500,125.06. Following the transaction, the vice president directly owned 43,932 shares of the company’s stock, valued at $1,935,643.92. This represents a 20.53% decrease in their position. The disclosure for this sale can be found here. 0.55% of the stock is currently owned by company insiders.

OGE Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 25th. Stockholders of record on Monday, July 7th will be issued a dividend of $0.4213 per share. This represents a $1.69 dividend on an annualized basis and a dividend yield of 3.81%. The ex-dividend date of this dividend is Monday, July 7th. OGE Energy’s dividend payout ratio (DPR) is 69.42%.

About OGE Energy

(Get Free Report)

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.

See Also

Earnings History and Estimates for OGE Energy (NYSE:OGE)

Receive News & Ratings for OGE Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OGE Energy and related companies with MarketBeat.com's FREE daily email newsletter.