OGE Energy Corporation (NYSE:OGE – Free Report) – Equities researchers at Zacks Research decreased their FY2026 EPS estimates for shares of OGE Energy in a research report issued to clients and investors on Wednesday, August 19th. Zacks Research analyst Team now anticipates that the utilities provider will earn $2.42 per share for the year, down from their prior estimate of $2.43. 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 Q4 2027 earnings at $0.58 EPS.
OGE Energy (NYSE:OGE – Get Free Report) 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 net margin of 14.44% and a return on equity of 9.48%. The business had revenue of $711.90 million for the quarter, compared to the consensus estimate of $782.73 million. During the same quarter in the previous year, the firm earned $0.53 earnings per share. The business’s quarterly revenue was down 4.0% compared to the same quarter last year.
Get Our Latest Stock Analysis on OGE
OGE Energy Trading Down 0.3%
NYSE OGE opened at $46.77 on Friday. The company has a quick ratio of 0.47, a current ratio of 0.77 and a debt-to-equity ratio of 1.12. The stock has a market capitalization of $9.66 billion, a P/E ratio of 20.60, a P/E/G ratio of 3.48 and a beta of 0.53. OGE Energy has a 52-week low of $41.69 and a 52-week high of $50.59. The firm has a 50-day moving average price of $48.12 and a 200 day moving average price of $47.67.
Institutional Investors Weigh In On OGE Energy
A number of large investors have recently bought and sold shares of the stock. Geode Capital Management LLC boosted its holdings in OGE Energy by 5.6% in the fourth quarter. Geode Capital Management LLC now owns 3,825,542 shares of the utilities provider’s stock valued at $163,397,000 after acquiring an additional 204,510 shares during the last quarter. Pictet Asset Management Holding SA boosted its holdings in OGE Energy by 915.4% in the 4th quarter. Pictet Asset Management Holding SA now owns 328,260 shares of the utilities provider’s stock worth $14,017,000 after acquiring an additional 295,932 shares during the period. Gaddis Premier Wealth Advisors LLC purchased a new position in shares of OGE Energy in the fourth quarter valued at $1,430,000. Norges Bank purchased a new position in OGE Energy in the 4th quarter valued at about $119,028,000. Finally, Inspire Trust Co. N.A. boosted its position in OGE Energy by 19.0% in the 4th quarter. Inspire Trust Co. N.A. now owns 138,000 shares of the utilities provider’s stock valued at $5,893,000 after buying an additional 22,000 shares during the last quarter. Institutional investors and hedge funds own 71.84% 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.
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