OGE Energy Corporation (NYSE:OGE) Receives $49.80 Consensus Price Target from Analysts

Posted by Brian Himes on Aug 8th, 2026

OGE Energy Corporation (NYSE:OGE – Get Free Report) has earned a consensus recommendation of “Hold” from the eleven research firms that are presently covering the stock, MarketBeat reports. Seven analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $49.80.

A number of analysts recently commented on OGE shares. Weiss Ratings reiterated a “buy (b)” rating on shares of OGE Energy in a research report on Friday, July 31st. BMO Capital Markets reduced their target price on shares of OGE Energy from $50.00 to $49.00 and set a “market perform” rating on the stock in a report on Wednesday, July 22nd. Morgan Stanley set a $51.00 price target on shares of OGE Energy in a research note on Wednesday, July 22nd. Barclays lifted their price target 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. Finally, Wall Street Zen raised shares of OGE Energy from a “sell” rating to a “hold” rating in a research report on Saturday, August 1st.

Check Out Our Latest Report on OGE

OGE Energy Trading Up 0.6%

Shares of OGE Energy stock opened at $47.07 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 1 year low of $41.69 and a 1 year high of $50.59. The company has a market capitalization of $9.72 billion, a P/E ratio of 20.73, a P/E/G ratio of 3.47 and a beta of 0.53. The business has a 50 day moving average price of $48.13 and a 200 day moving average price of $47.43.

OGE Energy (NYSE:OGE – Get Free Report) last posted its earnings results on Tuesday, July 28th. The utilities provider reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. The firm had revenue of $711.90 million for the quarter, compared to analyst estimates of $782.73 million. OGE Energy had a return on equity of 9.48% and a net margin of 14.44%.OGE Energy’s revenue was down 4.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.53 EPS. Sell-side analysts anticipate that OGE Energy will post 2.42 EPS for the current fiscal year.

OGE Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Monday, July 6th were paid a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Monday, July 6th. OGE Energy’s payout ratio is presently 74.89%.

Insiders Place Their Bets

In other OGE Energy news, insider William H. Sultemeier sold 7,345 shares of the business’s stock in a transaction 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 completion of the transaction, the insider directly owned 74,497 shares in the company, valued at approximately $3,573,621.09. The trade was a 8.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.57% of the company’s stock.

Institutional Trading of OGE Energy

Hedge funds have recently added to or reduced their stakes in the business. Oak Thistle LLC grew its holdings in OGE Energy by 368.0% in the 4th quarter. Oak Thistle LLC now owns 54,337 shares of the utilities provider’s stock worth $2,320,000 after buying an additional 42,726 shares in the last quarter. Pictet Asset Management Holding SA raised its stake in OGE Energy by 915.4% during the 4th quarter. Pictet Asset Management Holding SA now owns 328,260 shares of the utilities provider’s stock valued at $14,017,000 after acquiring an additional 295,932 shares in the last quarter. Geode Capital Management LLC boosted its position in OGE Energy by 5.6% during the 4th quarter. Geode Capital Management LLC now owns 3,825,542 shares of the utilities provider’s stock worth $163,397,000 after acquiring an additional 204,510 shares during the period. Gaddis Premier Wealth Advisors LLC acquired a new position in OGE Energy during the 4th quarter worth $1,430,000. Finally, Norges Bank bought a new position in shares of OGE Energy in the fourth quarter worth $119,028,000. 71.84% of the stock is owned by institutional investors and hedge funds.

OGE Energy Company Profile

(Get Free Report)

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.