OGE Energy (NYSE:OGE) Releases FY 2026 Earnings Guidance

OGE Energy (NYSE:OGE) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.380-2.480 for the period, compared to the consensus earnings per share estimate of 2.420. The company issued revenue guidance of -.

OGE Energy Stock Up 1.2%

NYSE OGE traded up $0.55 on Thursday, hitting $47.04. The stock had a trading volume of 192,010 shares, compared to its average volume of 1,585,927. The business’s fifty day moving average price is $43.58 and its 200 day moving average price is $44.49. The stock has a market cap of $9.48 billion, a price-to-earnings ratio of 18.85, a price-to-earnings-growth ratio of 3.35 and a beta of 0.62. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.80 and a quick ratio of 0.52. OGE Energy has a 52-week low of $40.80 and a 52-week high of $47.61.

OGE Energy (NYSE:OGE) last issued its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.04. OGE Energy had a net margin of 15.28% and a return on equity of 10.77%. 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 prior year, the business posted $0.50 EPS. OGE Energy’s revenue for the quarter 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. Equities research analysts anticipate that OGE Energy will post 2.27 earnings per share for the current year.

OGE Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 24th. Investors of record on Monday, April 6th will be given a dividend of $0.425 per share. The ex-dividend date is Monday, April 6th. This represents a $1.70 dividend on an annualized basis and a yield of 3.6%. OGE Energy’s payout ratio is currently 68.27%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Wells Fargo & Company reaffirmed an “overweight” rating and set a $41.00 price target (up from $39.00) on shares of OGE Energy in a research report on Thursday. UBS Group reduced their price target on 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 lowered their price objective on OGE Energy from $51.00 to $49.00 and set an “overweight” rating on the stock in a research report on Thursday, January 22nd. Mizuho set a $49.00 target price on shares of OGE Energy in a report on Thursday. Finally, BMO Capital Markets began coverage on shares of OGE Energy in a research note on Tuesday, January 13th. They issued a “market perform” rating and a $45.00 target price for the company. Five equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $47.63.

More OGE Energy News

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

• Positive Sentiment: Q4 earnings beat consensus (reported EPS $0.34 vs. ~$0.30 estimate), which underpins the near-term stock lift and suggests operating resilience. Earnings Call Transcript
• Positive Sentiment: Market reaction: outlets report shares jumping after the Q4 beat, showing investor appetite for the upside surprise. Shares Rise After Q4 Beat
• Positive Sentiment: Dividend: OGE declared a quarterly dividend of $0.425 (yield ~3.7%), supporting income investors and shareholder return expectations. (Record/ex-dividend dates announced by company.)
• Positive Sentiment: Longer-term growth target: OGE outlined a 5%–7% EPS growth target through 2028 and cited transmission and data-center demand as drivers of long-term investment, which supports growth narrative beyond regulated utility earnings. Growth Target & Drivers
• Neutral Sentiment: FY‑2026 EPS guidance set to $2.380–$2.480 (consensus ~2.420) — a range that contains the street estimate, so guidance neither materially surprises upside nor signals a downside miss. FY2026 Guidance Slide Deck
• Negative Sentiment: Top-line softness: quarterly revenue was down ~4.6% year-over-year, and prior-year quarter had higher EPS — investors may watch for demand trends and margin sustainability. Earnings/Revenue Details
• Negative Sentiment: Regulatory scrutiny: analysts and press flagged heightened regulatory attention ahead of/around earnings, which could introduce execution or rate-recovery risk. Regulatory Scrutiny Article

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. State of Wyoming purchased a new stake in OGE Energy during the 2nd quarter worth approximately $34,000. Caitong International Asset Management Co. Ltd grew its stake in shares of 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 worth $36,000 after acquiring an additional 255 shares in the last quarter. Sandia Investment Management LP purchased a new stake in shares of OGE Energy during the fourth quarter worth $43,000. Arax Advisory Partners acquired a new stake in shares of OGE Energy in the fourth quarter valued at $53,000. Finally, EverSource Wealth Advisors LLC grew its holdings in OGE Energy by 119.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,626 shares of the utilities provider’s stock worth $72,000 after acquiring an additional 884 shares in the last quarter. 71.84% of the stock is currently owned by hedge funds and other institutional 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.