OGE Energy (NYSE:OGE – Get Free Report) posted its quarterly earnings data on Tuesday. The utilities provider reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.35 by $0.17, FiscalAI reports. The company had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.12 billion. OGE Energy had a return on equity of 9.48% and a net margin of 14.44%. The firm’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter last year, the company earned $1.14 EPS.
OGE Energy Stock Performance
OGE traded up $0.43 during midday trading on Wednesday, hitting $49.34. 1,164,971 shares of the company traded hands, compared to its average volume of 1,599,610. The company’s 50-day moving average is $46.38 and its 200 day moving average is $47.00. 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 firm has a market capitalization of $10.19 billion, a PE ratio of 21.75, a price-to-earnings-growth ratio of 3.15 and a beta of 0.50. OGE Energy has a 52 week low of $41.69 and a 52 week high of $50.59.
OGE Energy Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Monday, October 5th will be paid a dividend of $0.4288 per share. The ex-dividend date is Monday, October 5th. This represents a $1.72 annualized dividend and a yield of 3.5%. This is an increase from OGE Energy’s previous quarterly dividend of $0.4250. OGE Energy’s dividend payout ratio (DPR) is currently 75.77%.
Insider Activity at OGE Energy
In related news, SVP Donnie Jones sold 6,508 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $46.11, for a total value of $300,083.88. Following the sale, the senior vice president owned 40,555 shares in the company, valued at approximately $1,869,991.05. This trade represents a 13.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.57% of the stock is owned by corporate insiders.
Key OGE Energy News
Here are the key news stories impacting OGE Energy this week:
- Positive Sentiment: Quarterly earnings and revenue beat expectations. OGE reported third-quarter adjusted earnings of $1.52 per diluted share, up from $1.14 a year earlier and above analyst estimates of approximately $1.35–$1.38. Revenue rose 13.2% year over year to $1.18 billion, exceeding the $1.12 billion consensus. OGE Energy Corp. Reports Third Quarter 2026 Results
- Positive Sentiment: Regulated utility operations drove the improvement. OG&E contributed $1.54 per diluted share, compared with $1.20 in the prior-year quarter. Management cited significantly warmer weather and stronger electricity sales as key contributors to higher earnings. OGE Energy Reports Third-Quarter EPS and Revenue
- Positive Sentiment: Full-year earnings outlook was raised. OGE now expects 2026 consolidated earnings of $2.62 to $2.68 per average diluted share and said it expects to exceed its original guidance range. The updated outlook is above the roughly $2.45 analyst consensus cited before the release, improving visibility into near-term earnings. OGE Energy Expects to Exceed Original 2026 Earnings Guidance Range
- Neutral Sentiment: Analyst estimates were mixed. Zacks Research raised selected 2028 and third-quarter 2027 forecasts, but lowered its fourth-quarter 2026 and first-quarter 2027 estimates. This suggests the strong quarter may partly reflect favorable seasonal weather and could result in uneven quarterly earnings.
- Negative Sentiment: Other operations remained a drag. OGE’s non-OG&E operations recorded a $4.7 million loss during the quarter, partially offsetting the regulated utility’s performance. Separately, reported insider activity over the past six months consisted of sales rather than purchases, although these transactions are not necessarily related to the earnings release. OGE Energy Q3 2026 Earnings Call Transcript
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on OGE shares. Morgan Stanley increased their target price on OGE Energy from $46.00 to $47.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 21st. JPMorgan Chase & Co. dropped their price target on shares of OGE Energy from $55.00 to $54.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 9th. Weiss Ratings reissued a “buy (b)” rating on shares of OGE Energy in a research report on Friday, July 31st. Barclays restated an “equal weight” rating and set a $48.00 price objective (down from $52.00) on shares of OGE Energy in a research note on Monday, October 19th. Finally, Scotiabank assumed coverage on shares of OGE Energy in a report on Tuesday, September 29th. They issued a “sector outperform” rating and a $49.00 target price for the company. Five research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $49.00.
View Our Latest Stock Report on OGE
About OGE Energy
OGE Energy Corp. (NYSE: OGE) is an energy holding company headquartered in Oklahoma City, Oklahoma. Its principal subsidiary, Oklahoma Gas and Electric Company (OG&E), is a regulated electric utility that generates, transmits, distributes and sells electricity to residential, commercial and industrial customers.
OG&E serves customers across Oklahoma and in western Arkansas. Its operations include a diverse generation fleet and the infrastructure needed to deliver electricity, including transmission and distribution networks, customer service programs and energy-efficiency offerings.
Read More
- Five stocks we like better than OGE Energy
- Why Tesla’s Upside Is About More Than a SpaceX Merger
- Amkor’s Mobile Business Is Slowing, But Its AI Ambitions Aren’t
- Want to Own a Piece of Professional Sports? This ETF Could Be Your Ticket
- Welltower’s Strong Earnings Couldn’t Stop the Sell-Off—What’s Missing?
Receive News & Ratings for OGE Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OGE Energy and related companies with MarketBeat.com's FREE daily email newsletter.
