OGE Energy (NYSE:OGE) Issues Quarterly Earnings Results, Beats Estimates By $0.04 EPS

OGE Energy (NYSE:OGE) issued its quarterly earnings data on Wednesday. The utilities provider reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.04, Briefing.com reports. OGE Energy had a net margin of 15.28% and a return on equity of 10.77%. The firm had revenue of $725.80 million for the quarter, compared to analyst estimates of $277.80 million. During the same quarter in the prior year, the firm earned $0.50 EPS. The company’s revenue was down 4.6% on a year-over-year basis. 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 Down 0.9%

NYSE OGE traded down $0.43 during trading on Wednesday, reaching $46.47. 2,417,504 shares of the stock traded hands, compared to its average volume of 1,633,338. OGE Energy has a fifty-two week low of $40.80 and a fifty-two week high of $47.61. The firm has a market cap of $9.36 billion, a price-to-earnings ratio of 18.66, a price-to-earnings-growth ratio of 3.36 and a beta of 0.62. 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’s 50-day moving average price is $43.51 and its 200 day moving average price is $44.48.

OGE Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Monday, January 5th were issued a dividend of $0.425 per share. The ex-dividend date was Monday, January 5th. This represents a $1.70 dividend on an annualized basis and a yield of 3.7%. OGE Energy’s payout ratio is currently 68.27%.

Analysts Set New Price Targets

Several research analysts have issued reports on OGE shares. Wall Street Zen raised OGE Energy from a “sell” rating to a “hold” rating in a report on Saturday, January 24th. Mizuho boosted their target price on OGE Energy from $45.00 to $47.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. BMO Capital Markets initiated coverage on OGE Energy in a report on Tuesday, January 13th. They issued a “market perform” rating and a $45.00 price target on the stock. Royal Bank Of Canada reiterated a “sector perform” rating on shares of OGE Energy in a research report on Friday, January 23rd. Finally, Barclays dropped their price objective on OGE Energy from $51.00 to $49.00 and set an “overweight” rating for the company in a report on Thursday, January 22nd. Four investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $47.13.

Institutional Investors Weigh In On OGE Energy

Several large investors have recently modified their holdings of OGE. State of Wyoming bought a new position in shares of OGE Energy during the 2nd quarter valued at about $34,000. Caitong International Asset Management Co. Ltd lifted its position in OGE Energy by 49.4% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 771 shares of the utilities provider’s stock valued at $36,000 after acquiring an additional 255 shares in the last quarter. Sandia Investment Management LP acquired a new position in OGE Energy in the 4th quarter worth $43,000. Arax Advisory Partners bought a new position in OGE Energy during the 4th quarter worth about $53,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of OGE Energy by 119.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,626 shares of the utilities provider’s stock valued at $72,000 after purchasing an additional 884 shares during the period. 71.84% of the stock is currently owned by institutional investors.

Trending Headlines about OGE Energy

Here are the key news stories impacting OGE Energy this week:

• Positive Sentiment: Quarterly EPS beat consensus estimates, giving some near-term support — several outlets noted the company topped Q4 estimates (reported EPS ~ $0.33–$0.48 vs. ~$0.30 consensus). OGE Energy (OGE) Surpasses Q4 Earnings Estimates
• Positive Sentiment: Full-year 2025 results showed modest EPS growth (2025 EPS $2.32 vs. $2.19 in 2024), indicating underlying regulated utility earnings resilience. OGE Energy Corp. reports 2025 results and outlook for 2026
• Neutral Sentiment: The company issued FY‑2026 EPS guidance of $2.38–$2.48 (consensus ~ $2.42), leaving the midpoint close to expectations but a lower bound that could concern conservative investors; management’s slide deck and call provide additional color. View Press Release / Slide Deck
• Neutral Sentiment: Full earnings call transcript and presentation are available for investors who want management commentary on capital spending, rate cases and operating trends. OGE Q4 2025 Earnings Call Transcript
• Negative Sentiment: Despite the beat vs. estimates, Q4 showed year-over-year weakness (quarterly EPS down from prior-year and revenue reported down ~4.6% y/y), which pressures near-term growth expectations. MarketBeat — OGE Q4 results and details
• Negative Sentiment: Reports highlight intensifying regulatory scrutiny in the company’s service territory — a key risk for regulated-utility revenue and rate recovery timing. That likely weighed on investor sentiment today. OGE earnings as regulatory scrutiny intensifies

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.