Zacks Research Brokers Lift Earnings Estimates for OGE Energy Corp. (NYSE:OGE)

by · The Cerbat Gem

OGE Energy Corp. (NYSE:OGE – Free Report) – Research analysts at Zacks Research increased their Q1 2025 earnings per share estimates for OGE Energy in a research report issued on Tuesday, October 15th. Zacks Research analyst A. Dutta now expects that the utilities provider will post earnings of $0.41 per share for the quarter, up from their previous estimate of $0.38. The consensus estimate for OGE Energy’s current full-year earnings is $2.14 per share. Zacks Research also issued estimates for OGE Energy’s Q3 2025 earnings at $0.75 EPS, Q2 2026 earnings at $0.63 EPS and FY2026 earnings at $2.39 EPS.

OGE Energy (NYSE:OGE – Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The utilities provider reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.05. The business had revenue of $662.60 million for the quarter, compared to analysts’ expectations of $837.51 million. OGE Energy had a net margin of 14.83% and a return on equity of 9.15%. The business’s revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.44 earnings per share.

A number of other equities research analysts have also recently weighed in on OGE. Barclays upped their price objective on OGE Energy from $36.00 to $39.00 and gave the stock an “equal weight” rating in a research note on Monday, August 12th. Jefferies Financial Group initiated coverage on shares of OGE Energy in a research report on Thursday, September 19th. They set a “buy” rating and a $46.00 price target for the company. Finally, Evercore ISI raised their price target on shares of OGE Energy from $36.00 to $40.00 and gave the company an “in-line” rating in a report on Thursday, August 8th. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $38.80.

Read Our Latest Stock Report on OGE Energy

OGE Energy Stock Performance

OGE stock opened at $40.99 on Thursday. The business has a 50-day moving average price of $40.00 and a 200 day moving average price of $37.22. OGE Energy has a 1-year low of $32.06 and a 1-year high of $41.48. The company has a market capitalization of $8.22 billion, a P/E ratio of 20.81, a PEG ratio of 3.56 and a beta of 0.74. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.71 and a quick ratio of 0.36.

OGE Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 25th. Shareholders of record on Monday, October 7th will be paid a dividend of $0.4213 per share. This is a positive change from OGE Energy’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Monday, October 7th. This represents a $1.69 dividend on an annualized basis and a yield of 4.11%. OGE Energy’s dividend payout ratio is presently 85.28%.

Institutional Investors Weigh In On OGE Energy

Institutional investors and hedge funds have recently made changes to their positions in the stock. B. Riley Wealth Advisors Inc. lifted its position in OGE Energy by 20.6% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 11,207 shares of the utilities provider’s stock worth $391,000 after acquiring an additional 1,918 shares during the period. Mather Group LLC. purchased a new stake in OGE Energy in the first quarter valued at approximately $77,000. Rockland Trust Co. increased its holdings in OGE Energy by 2.3% in the 1st quarter. Rockland Trust Co. now owns 31,610 shares of the utilities provider’s stock worth $1,084,000 after buying an additional 697 shares during the period. Lloyd Advisory Services LLC. acquired a new position in OGE Energy in the 1st quarter worth approximately $730,000. Finally, Global Assets Advisory LLC purchased a new position in OGE Energy during the 1st quarter worth approximately $515,000. 71.84% of the stock is currently owned by institutional investors and hedge funds.

About OGE Energy

(Get Free Report)

OGE Energy Corp., together with its subsidiaries, operates as an energy services provider in the United States. The company generates, transmits, distributes, and sells electric energy. In addition, it provides retail electric service to approximately 896,000 customers, which covers a service area of approximately 30,000 square miles in Oklahoma and western Arkansas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets.

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