Zacks Research Forecasts OGE Energy’s Q3 Earnings (NYSE:OGE)

OGE Energy Corporation (NYSE:OGE) – Zacks Research raised their Q3 2026 earnings per share estimates for OGE Energy in a note issued to investors on Thursday, September 3rd. Zacks Research analyst Team now anticipates that the utilities provider will post earnings per share of $1.03 for the quarter, up from their prior estimate of $1.02. The consensus estimate for OGE Energy’s current full-year earnings is $2.42 per share. Zacks Research also issued estimates for OGE Energy’s Q1 2027 earnings at $0.35 EPS, Q2 2027 earnings at $0.58 EPS, Q3 2027 earnings at $1.06 EPS, Q4 2027 earnings at $0.61 EPS, Q1 2028 earnings at $0.49 EPS and Q2 2028 earnings at $0.62 EPS.

OGE has been the topic of several other research reports. Barclays raised their target price on shares of OGE Energy from $51.00 to $52.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Royal Bank Of Canada upgraded shares of OGE Energy from a “sector perform” rating to an “outperform” rating and upped their price target for the company from $50.00 to $54.00 in a report on Wednesday. LADENBURG THALM/SH SH increased their price target on shares of OGE Energy from $42.50 to $47.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Weiss Ratings reissued a “buy (b)” rating on shares of OGE Energy in a report on Friday, July 31st. Finally, Morgan Stanley decreased their price objective on shares of OGE Energy from $51.00 to $49.00 and set an “equal weight” rating on the stock in a research report on Friday, August 21st. Five research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $49.90.

OGE Energy Price Performance

Shares of OGE Energy stock opened at $46.88 on Friday. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.77 and a quick ratio of 0.47. OGE Energy has a one year low of $41.69 and a one year high of $50.59. The business’s 50 day simple moving average is $47.76 and its two-hundred day simple moving average is $47.78. The stock has a market capitalization of $9.68 billion, a P/E ratio of 20.65, a price-to-earnings-growth ratio of 3.05 and a beta of 0.52.

OGE Energy (NYSE:OGE) last issued its earnings results on Tuesday, July 28th. The utilities provider reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.01. OGE Energy had a return on equity of 9.48% and a net margin of 14.44%.The company had revenue of $711.90 million during the quarter, compared to analysts’ expectations of $782.73 million. During the same period in the prior year, the business posted $0.53 EPS. OGE Energy’s quarterly revenue was down 4.0% compared to the same quarter last year.

Institutional Trading of OGE Energy

Several large investors have recently added to or reduced their stakes in OGE. Operose Advisors LLC bought a new position in OGE Energy in the 2nd quarter worth $26,000. Root Financial Partners LLC boosted its stake in shares of OGE Energy by 111.3% during the 1st quarter. Root Financial Partners LLC now owns 598 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 315 shares in the last quarter. Markowski Investments purchased a new position in shares of OGE Energy during the second quarter valued at about $29,000. State of Wyoming purchased a new position in shares of OGE Energy during the second quarter valued at about $34,000. Finally, Capital Advisors Ltd. LLC raised its stake in OGE Energy by 14,780.0% in the first quarter. Capital Advisors Ltd. LLC now owns 744 shares of the utilities provider’s stock worth $36,000 after buying an additional 739 shares in the last quarter. Institutional investors own 71.84% of the company’s stock.

Insider Activity

In other news, SVP Donnie Jones sold 6,508 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $46.11, for a total transaction of $300,083.88. Following the transaction, the senior vice president directly owned 40,555 shares of the company’s stock, valued at approximately $1,869,991.05. The trade was a 13.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.57% 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.