MGE Energy (MGEE) Stock Price, News & Analysis

Company Overview

MGE Energy, Inc. is a public utility holding company headquartered in Madison, Wisconsin. Through its principal subsidiary, Madison Gas and Electric Company (MGE), the company provides regulated electric and natural gas distribution services to residential, commercial and industrial customers in south-central Wisconsin. MGE Energy’s operations encompass the generation, transmission and distribution of electricity as well as the purchase and distribution of natural gas, with an emphasis on reliable service and system resilience.

Since reorganizing as a holding company in 2001, MGE Energy has expanded its portfolio to include nonregulated subsidiaries involved in renewable energy development, energy services and infrastructure support. These entities pursue solar and wind projects, energy efficiency programs and demand-side management solutions designed to help customers reduce consumption and environmental impact. The company’s approach reflects a strategic balance between traditional generation assets and innovative clean energy initiatives.

With roots tracing back to the late 19th century, MGE Energy has evolved alongside the region it serves. Over its history, it has participated in regional power generation partnerships, including stakes in coal, natural gas and nuclear facilities, while adapting to shifts in regulation and energy market dynamics. The company collaborates with municipalities, businesses and community organizations to foster economic development and improve energy infrastructure across its service territory.

Under the leadership of President and Chief Executive Officer Jeffrey L. Keebler, MGE Energy continues to focus on sustainable growth, operational excellence and customer engagement. The management team prioritizes long-term planning and financial discipline, guiding the company’s efforts to meet evolving energy needs and regulatory standards. Through strategic investments and community partnerships, MGE Energy aims to deliver reliable, affordable and increasingly sustainable energy solutions for Wisconsin customers.

Key Stats

• Today's Range: $75.10 to $76.46
• 50-Day Range: $72.45 to $81.10
• 52-Week Range: $72.17 to $91.49
• Volume: 345,528 shs
• Average Volume: 373,088 shs
• Market Capitalization: $2.80 billion
• P/E Ratio: 19.50
• Dividend Yield: 2.50%
• Price Target: $76.50
• Consensus Rating: Reduce

MGE Energy Stock Analysis - MarketRank™

MGE Energy scored higher than 63% of companies evaluated by MarketBeat, and ranked 62nd out of 94 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Reduce

Consensus Rating

MGE Energy has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no strong buy ratings, no buy ratings, 2 hold ratings, and 1 sell rating.

Upside/Downside

The consensus price target for MGE Energy is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

MGE Energy has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 6.60%

Earnings Growth

Earnings for MGE Energy are expected to grow by 6.60% in the coming year, from $3.94 to $4.20 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of MGE Energy is 19.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 43.12.

Price to Earnings Ratio vs. Sector

The P/E ratio of MGE Energy is 19.50, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 20.10.

Price to Book Value per Share Ratio

MGE Energy has a P/B Ratio of 2.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.29% of the float of MGE Energy has been sold short.

Short Interest Ratio / Days to Cover

MGE Energy has a short interest ratio ("days to cover") of 2.36, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MGE Energy has recently increased by 8.99%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

MGE Energy pays a meaningful dividend of 2.50%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

MGE Energy has been increasing its dividend for 49 years.

Dividend Coverage

The dividend payout ratio of MGE Energy is 48.72%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, MGE Energy will have a dividend payout ratio of 45.24% next year. This indicates that MGE Energy will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.30

News Sentiment

MGE Energy has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for MGE Energy this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for MGEE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.8 / 5
• Insider Trading: Acquiring Shares

Net Insider Buying

Over the last three months, insiders have purchased a net $28,997.00 in company stock, which represents 0.0010% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, MGE Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $28,997.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

0.41% of the stock of MGE Energy is held by insiders.

Percentage Held by Institutions

52.58% of the stock of MGE Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Ex-Dividend for 3/15 Dividend: 2/27/2026
• Record date for 3/15 Dividend: 3/01/2026
• Dividend Payable: 3/15/2026
• Last Earnings: 5/05/2026
• Today: 5/24/2026
• Record date for 6/15 Dividend: 6/01/2026
• Ex-Dividend for 6/15 Dividend: 6/01/2026
• Dividend Payable: 6/15/2026
• Next Earnings (Estimated): 8/05/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Utilities
• Industry: UTIL - ELEC PWR
• Sub-Industry: Electric Utilities
• Current Symbol: NASDAQ:MGEE
• CIK: 1161728
• Web: www.mgeenergy.com
• Phone: (608) 252-7000
• Fax: 608-252-7098
• Employees: 700
• Year Founded: 1896

Price Target and Rating

• Average Price Target for MGE Energy: $76.50
• High Price Target: $83.00
• Low Price Target: $70.00
• Potential Upside/Downside: +0.6%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.90
• Trailing P/E Ratio: 19.50
• Forward P/E Ratio: 19.30
• P/E Growth: N/A
• Net Income: $135.89 million
• Net Margins: 18.61%
• Pretax Margin: 21.25%
• Return on Equity: 10.94%
• Return on Assets: 4.68%

Debt

• Debt-to-Equity Ratio: 0.65
• Current Ratio: 1.15
• Quick Ratio: 0.83

Sales & Book Value

• Annual Sales: $743.65 million
• Price / Sales: 3.76
• Cash Flow: $6.85 per share
• Price / Cash Flow: 11.11
• Book Value: $36.71 per share
• Price / Book: 2.07

Miscellaneous

• Outstanding Shares: 36,760,000
• Free Float: 36,605,000
• Market Cap: $2.80 billion
• Optionable: Optionable
• Beta: 0.76