| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 55 | 20.4x | 17.8x | Around median | |
Growth | 29 | 0.6% | 7.1% | Bottom tier | |
Quality | 48 | 6.7% | 4.5% | Around median | |
Safety | 36 | 4.2x | 2.6x | Bottom tier | |
Capital Return | 39 | 3.64% | 2.12% | Bottom tier | |
Momentum | 58 | 4.6% | 2.9% | Around median | |
Sentiment | 63 | 9 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
OGE Energy Corp. operates primarily through its electric utility subsidiary, which generates income by supplying electricity and investing in distribution, generation, and transmission networks to serve load growth in its service territory. The growth plan focuses on adding electric capacity and connecting large customers, particularly data centers, under a regulated utility model that requires the large customer to pay 100% of the interconnection cost upfront and imposes a commitment of at least 15 years, minimum billing requirements, and guarantees.
In Q2 fiscal 2026, consolidated net income was approximately $116 million and diluted earnings per share were $0.56, compared with $108 million and $0.53 in the corresponding quarter of fiscal 2025. The electric utility generated net income of approximately $120 million, while the holding company recorded a loss of approximately $4 million, illustrating that the regulated electric business is the source of earnings and that holding company costs reduce consolidated results. The improvement came from warmer weather and lower depreciation and interest expenses for assets placed in service, partially offset by higher operations and maintenance expenses.
The latest EDGAR data for Q1 fiscal 2026 show revenue of $752.6 million, gross profit of $415.9 million, net income of $50.2 million, and earnings per share of $0.24, equivalent to a calculated gross profit margin of approximately 55.3%. In fiscal 2025, revenue was $3.3 billion, gross profit was $2.0 billion, net income was $470.7 million, and earnings per share were $2.32, while the 2026 trailing twelve-month period recorded net income of $458.2 million and earnings per share of approximately $2.21.
The average analyst price target is $49.25, within a target range of $47 to $52, versus a “Neutral” consensus. The average target is approximately $1.34 below the 52-week range high of $50.59, while the highest target exceeds that high. No reported price-to-earnings ratio is available in the data, so the valuation assessment is based on the Neutral consensus and the relatively narrow target range rather than a comparable earnings multiple.
Figures in the text are as of 2026-08-29; the live price is shown at the top of the page.
Consolidated net income was approximately $116 million and diluted earnings per share were $0.56, compared with $108 million and $0.53 in the corresponding quarter of fiscal 2025. Management attributed the increase primarily to warmer weather and lower depreciation and interest expenses for assets placed in service. This was partially offset by higher operations and maintenance expenses, while the holding company recorded a loss of approximately $4 million.
On July 29, 2026, management reaffirmed consolidated earnings per share guidance of $2.38 to $2.48 for fiscal 2026. The midpoint of the range is $2.43, compared with earnings per share of $0.56 in Q2 fiscal 2026. Management said that approximately 70% of expected annual earnings still remained ahead of the company within fiscal 2026 at the time of the call.
The company filed the special Google contract in Oklahoma on May 1, 2026, and also filed a tariff for loads exceeding 75 megawatts on June 17, 2026. The proposed tariff requires upfront funding of 100% of the interconnection cost, a commitment of at least 15 years, minimum billing, guarantees, and early termination fees. On July 29, 2026, management confirmed that it was engaged in six or seven active negotiations with large-load customers.
Automated analysis for informational purposes only — not investment advice.
The company intends to add 550 megawatts during fiscal 2026 from Horseshoe Lake and Tinker. Frontier Storage is scheduled to add approximately 300 megawatts in fiscal 2027, while Horseshoe Lake units 13, 14, and 29 will add a combined 450 megawatts. Some projects remain subject to regulatory approvals and the determination of cost, route, and implementation schedule.
Two large customers delayed portions of their load ramp schedules during fiscal 2026, pushing a few hundred megawatts to later in the year. Management said on July 29, 2026, that both customers were already connected and that their commitments remained in place, but the ramp began later because of issues on their side. This means that the timing of large-load activation may affect near-term results even when contracted demand is not canceled.
The analyst consensus is “Neutral,” and the average price target is $49.25. The target range extends from $47 to $52, while the stock's 52-week range extends from $41.70 to $50.59. The average target is below the 52-week range high, and the data do not include a reported price-to-earnings ratio that could be used to confirm whether the valuation is high or low on an earnings basis.
