OGE Energy (NYSE:OGE) Updates FY 2026 Earnings Guidance

OGE Energy (NYSE:OGE) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.380-2.480 for the period, compared to the consensus earnings per share estimate of 2.420. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several equities research analysts have commented on OGE shares. Wall Street Zen upgraded OGE Energy from a “sell” rating to a “hold” rating in a research report on Saturday, January 24th. Barclays lowered their price target on shares of OGE Energy from $51.00 to $49.00 and set an “overweight” rating on the stock in a report on Thursday, January 22nd. BMO Capital Markets started coverage on shares of OGE Energy in a report on Tuesday, January 13th. They issued a “market perform” rating and a $45.00 price objective for the company. Wells Fargo & Company lowered shares of OGE Energy from an “equal weight” rating to an “underweight” rating and lowered their target price for the stock from $45.00 to $39.00 in a research note on Tuesday, January 20th. Finally, Mizuho lifted their price target on OGE Energy from $45.00 to $47.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. Four research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, OGE Energy currently has a consensus rating of “Hold” and a consensus price target of $47.13.

OGE Energy Price Performance

OGE Energy stock traded up $0.59 during midday trading on Wednesday, reaching $47.49. The company had a trading volume of 330,804 shares, compared to its average volume of 1,558,716. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.80 and a quick ratio of 0.52. OGE Energy has a 12-month low of $40.80 and a 12-month high of $47.56. The company has a market capitalization of $9.57 billion, a P/E ratio of 19.07, a P/E/G ratio of 3.36 and a beta of 0.62. The firm’s fifty day simple moving average is $43.51 and its 200-day simple moving average is $44.48.

OGE Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Monday, January 5th were paid a $0.425 dividend. The ex-dividend date of this dividend was Monday, January 5th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 3.6%. OGE Energy’s payout ratio is currently 68.27%.

Institutional Investors Weigh In On OGE Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in OGE. State Street Corp raised its position in shares of OGE Energy by 1.8% during the 4th quarter. State Street Corp now owns 6,713,937 shares of the utilities provider’s stock valued at $286,685,000 after buying an additional 117,977 shares during the period. Boston Partners increased its stake in OGE Energy by 0.5% during the third quarter. Boston Partners now owns 6,279,360 shares of the utilities provider’s stock worth $290,530,000 after acquiring an additional 31,138 shares during the last quarter. Morgan Stanley increased its stake in OGE Energy by 103.2% during the fourth quarter. Morgan Stanley now owns 4,628,210 shares of the utilities provider’s stock worth $197,625,000 after acquiring an additional 2,350,574 shares during the last quarter. Dimensional Fund Advisors LP raised its position in OGE Energy by 1.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,663,778 shares of the utilities provider’s stock valued at $113,747,000 after purchasing an additional 49,819 shares during the period. Finally, First Trust Advisors LP lifted its stake in shares of OGE Energy by 4.7% in the 4th quarter. First Trust Advisors LP now owns 2,560,486 shares of the utilities provider’s stock valued at $109,333,000 after purchasing an additional 115,496 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.