OGE Energy (NYSE:OGE) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPS

OGE Energy (NYSE:OGE) released its quarterly earnings results on Wednesday. The utilities provider reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03, Zacks reports. OGE Energy had a return on equity of 10.77% and a net margin of 15.28%.The company had revenue of $725.80 million during the quarter, compared to analysts’ expectations of $277.80 million. During the same quarter in the prior year, the firm posted $0.50 EPS. OGE Energy’s quarterly revenue was down 4.6% compared to the same quarter last year. OGE Energy updated its FY 2026 guidance to 2.380-2.480 EPS.

Here are the key takeaways from OGE Energy’s conference call:

• Reported strong 2025 results with consolidated EPS of $2.32 (electric company EPS $2.47), weather-normalized load up ~7% and customer growth near 1%, which management says reflects durable demand and affordability advantages.
• Guidance and targets were raised: 2026 consolidated EPS midpoint of $2.43 (up ~7% vs. 2025 midpoint) and a long-term EPS growth target of 5%–7%, with management expecting to deliver in the top half of ranges through 2028.
• Company is accelerating supply additions and large-load activity — ~1.3 GW of new generation being built, finalizing a 1 GW data-center contract (Customer X), and a draft IRP shows ~1.9 GW incremental capacity need by 2031 driven partly by SPP policy changes and RFPs for bridge and 2032 capacity.
• SPP assigned OG&E a significant portion of the Seminole-to-Shreveport 765?kV line and other ITP projects — management estimates this could be on the order of ~20% of the current capital plan but timing, routing and final costs remain preliminary.
• Financing posture strengthened: company completed a well?subscribed equity offering (and forward) covering equity needs through 2030, plans ~$300M utility debt in 2026 with no long-term holding?co debt, targets FFO/Debt ~17% and a 60%–70% dividend payout ratio.

OGE Energy Trading Up 1.0%

NYSE:OGE traded up $0.45 on Thursday, hitting $46.94. The stock had a trading volume of 332,221 shares, compared to its average volume of 1,593,016. The company has a fifty day moving average price of $43.58 and a two-hundred day moving average price of $44.49. OGE Energy has a 1-year low of $40.80 and a 1-year high of $47.61. The company has a quick ratio of 0.52, a current ratio of 0.80 and a debt-to-equity ratio of 1.12. The stock has a market cap of $9.46 billion, a price-to-earnings ratio of 18.84, a PEG ratio of 3.35 and a beta of 0.62.

OGE Energy Dividend Announcement

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

Trending Headlines about OGE Energy

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 Trading of OGE Energy

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Millennium Management LLC boosted its holdings in OGE Energy by 1,160.8% during the 1st quarter. Millennium Management LLC now owns 94,965 shares of the utilities provider’s stock valued at $4,365,000 after acquiring an additional 87,433 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of OGE Energy by 54.5% in the first quarter. Goldman Sachs Group Inc. now owns 1,043,657 shares of the utilities provider’s stock valued at $47,966,000 after purchasing an additional 367,960 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of OGE Energy by 4.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 560,664 shares of the utilities provider’s stock valued at $25,768,000 after purchasing an additional 23,051 shares in the last quarter. Focus Partners Wealth grew its holdings in shares of OGE Energy by 7.5% in the first quarter. Focus Partners Wealth now owns 9,145 shares of the utilities provider’s stock valued at $420,000 after purchasing an additional 637 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its stake in OGE Energy by 3.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 8,612 shares of the utilities provider’s stock worth $382,000 after buying an additional 321 shares during the period. 71.84% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have commented on OGE. Wells Fargo & Company boosted their price objective on OGE Energy from $39.00 to $41.00 and gave the stock an “overweight” rating in a research note on Thursday. Wall Street Zen upgraded OGE Energy from a “sell” rating to a “hold” rating in a research report on Saturday, January 24th. Jefferies Financial Group raised their price objective on OGE Energy from $52.00 to $55.00 and gave the company a “buy” rating in a report on Wednesday, October 22nd. UBS Group lowered their target price on shares of OGE Energy from $45.00 to $44.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 17th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of OGE Energy in a research note on Friday, January 23rd. Five analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $47.63.

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.