OGE
Utilities · Utilities - Regulated Electric
Performance
OGE (OGE) Stock Analysis 2026
Rule-based · Updated daily · Not financial advice
OGE (OGE) operates in the Utilities - Regulated Electric space within the Utilities sector. With a market cap of $9.9B, it qualifies as a small-cap company. Growth is moderate and the business remains profitable, offering a balanced risk/reward profile compared to high-multiple peers.
- Forward P/E (18.4×) is lower than trailing P/E (21.4×) — analysts expect earnings to improve
- Healthy profit margin of 14.0%
- Dividend yield of 3.55% provides consistent income on top of price appreciation
- Low beta of 0.52 — less volatile than the market, suitable for conservative portfolios
- Earnings fell 23% YoY — profitability is under pressure
- High debt-to-equity of 118.68× increases financial risk, especially with elevated interest rates
- Current ratio below 1 (0.66×) — short-term liabilities exceed current assets
Verdict
Buy / Hold
More positives than negatives. Fundamentals support holding while monitoring key risks.
AI Insight
Powered by ClaudeAI-generated analysis for informational purposes only. Not financial advice.
Related Articles
Revenue & Results
Dividends
Current DY
3.55%
5Y Avg Annual
$1.5034
Last Payment
$0.4250
Ex-Date
04/06/2026
Annual dividends paid per share
| Ex-Date | Payment | Amount | Est. DY |
|---|---|---|---|
Latest04/06/2026 | 05/01/2026 | $0.4250 | 3.54% |
01/05/2026 | 01/30/2026 | $0.4250 | 3.54% |
10/06/2025 | 10/31/2025 | $0.4250 | 3.54% |
07/07/2025 | 08/01/2025 | $0.4210 | 3.50% |
04/07/2025 | 05/02/2025 | $0.4210 | 3.50% |
01/06/2025 | 01/31/2025 | $0.4210 | 3.50% |
10/07/2024 | 11/01/2024 | $0.4210 | 3.50% |
07/08/2024 | 08/02/2024 | $0.4180 | 3.48% |
Magic Number
Shares needed to self-fund your next purchase
$48.05
Price
$0.4250
Last div. (quarterly)
114
shares
Own 114 OGE shares ($5,477.70) and each quarterly dividend pays for 1 new share — the snowball runs on its own.
Investment target
$5,477.70
New shares / year
+4 shares
If You Had Invested…
Hypothetical return based on historical prices
* Dividend reinvestment calculated at ex-date price. For informational purposes only.
Earnings
Next Earnings
Jul 29, 2026
43
days
EPS (TTM)
$2.25
P/E (TTM)
21.4
Fwd P/E
18.4
Earnings History
SEC EDGAR · official filings
SEC Filings
Official EDGAR documents
Key Statistics
Valuation
Trading
Dividends
Profitability
Balance Sheet
Fair Value Estimates
Current price: $48.05
Graham Number
√(22.5 × EPS × Book Value)
$34.81
Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.
Bazin Ceiling Price
Avg. Annual DPS (5Y) ÷ 6%
$27.62
Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.
These are simplified estimates. Not financial advice.
Buy & Hold Checklist
Quality criteria for long-term holding
6/10
60% score
Pays dividends
15Y hist.15+ years of dividend history
Dividend consistency (5Y+)
15 yrsUninterrupted dividend payments for at least 5 years
ROE above 10%
9.6%Return on equity — measures how efficiently capital is used
Positive profit margin
14.0%Net profit margin must be positive — company earns more than it spends
Revenue growth (annual)
+0.7%Annual revenue must be growing compared to the prior year
Earnings growth (annual)
-22.6%Annual earnings must be growing compared to the prior year
Debt/Equity below 2×
118.68×Low financial leverage reduces risk of distress
Current ratio above 1
0.66×Short-term assets must cover short-term liabilities
Daily liquidity above $5M
$75M/dayHigh trading volume ensures easy entry and exit
Dividend yield above 0%
3.55%Stock must distribute income to shareholders
Related Assets
Utilities
About OGE
OGE Energy Corp., through its subsidiaries, generates, transmits, distributes, and sells electric energy in the United States. It owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. The company also provides retail electric services to approximately 913,000 customers that covers a service area of approximately 30,000 square miles. Additionally, it offers bill payment and electric construction services for residential and business sectors. OGE Energy Corp. was founded in 1902 and is based in Oklahoma City, Oklahoma.
Sector
Utilities
Industry
Utilities - Regulated Electric
Location
Oklahoma City, United States
Employees
2,248