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 generates, purchases, transmits, distributes and sells electricity, as well as distributes and sells natural gas.

MGE serves residential, commercial and industrial customers in Madison and surrounding communities in south-central Wisconsin. Its energy portfolio includes traditional generation resources along with investments in renewable energy, including wind and solar projects. The company also supports energy-efficiency programs and other initiatives designed to help customers manage energy use and reduce emissions.

MGE Energy traces its history to the formation of Madison Gas Light Company in 1855. Today, the organization operates primarily through its regulated utility business, while maintaining a diversified generation portfolio and participating in regional energy markets. Jeffrey M. Keebler serves as president and chief executive officer of MGE Energy and Madison Gas and Electric.

Key Stats

• Today's Range: $70.53 to $72.05
• 50-Day Range: $68.49 to $81.99
• 52-Week Range: $68.01 to $87.94
• Volume: 174,038 shs
• Average Volume: 201,944 shs
• Market Capitalization: $2.67 billion
• P/E Ratio: 17.39
• Dividend Yield: 2.87%
• Price Target: $76.00
• Consensus Rating: Hold

MGE Energy Stock Analysis - MarketRank™

MGE Energy scored higher than 73% of companies evaluated by MarketBeat, and ranked 57th out of 96 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: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

MGE Energy has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, 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 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 3.98%

Earnings Growth

Earnings for MGE Energy are expected to grow by 3.98% in the coming year, from $4.02 to $4.18 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of MGE Energy is 17.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of MGE Energy is 17.39, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 23.86.

Price to Earnings Growth Ratio

MGE Energy has a PEG Ratio of 3.95. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

MGE Energy has a P/B Ratio of 1.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.64% 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 12.87, which indicates bearish sentiment.

Change versus previous month

Short interest in MGE Energy has recently increased by 0.71%, indicating that investor sentiment is decreasing.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

MGE Energy pays a meaningful dividend of 2.87%, 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 49.88%. 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 48.56% next year. This indicates that MGE Energy will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: N/A

News Sentiment

MGE Energy has a news sentiment score of 1.43. 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 higher news sentiment than the 0.55 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 1 news article for MGE Energy this week, compared to 1 article on an average week.

Search Interest

3 people have searched for MGEE on MarketBeat in the last 30 days.

MarketBeat Follows

Only 1 people have added MGE Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% 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 $42,491.00 in company stock, which represents 0.0016% 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 $42,491.00 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

• Last Earnings: 8/05/2026
• Record date for 9/15 Dividend: 9/01/2026
• Ex-Dividend for 9/15 Dividend: 9/01/2026
• Dividend Payable: 9/15/2026
• Today: 10/05/2026
• Next Earnings (Estimated): 11/04/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Utilities
• Industry: Electric Utilities
• Sub-Industry: Electric Utilities
• Current Symbol: NASDAQ:MGEE
• CIK: 1161728
• Web: www.mgeenergy.com
• Phone: (608) 252-7000
• Fax: 608-252-7098
• Employees: 726
• Year Founded: 1896

Price Target and Rating

• Average Price Target for MGE Energy: $76.00
• High Price Target: $81.00
• Low Price Target: $71.00
• Potential Upside/Downside: +7.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.07
• Trailing P/E Ratio: 17.39
• Forward P/E Ratio: 17.60
• P/E Growth: 3.95
• Net Income: $135.89 million
• Net Margins: 19.45%
• Pretax Margin: 22.27%
• Return on Equity: 11.10%
• Return on Assets: 4.74%

Debt

• Debt-to-Equity Ratio: 0.61
• Current Ratio: 1.14
• Quick Ratio: 0.79

Sales & Book Value

• Annual Sales: $743.65 million
• Price / Sales: 3.60
• Cash Flow: $6.84 per share
• Price / Cash Flow: 10.34
• Book Value: $35.68 per share
• Price / Book: 1.98

Miscellaneous

• Outstanding Shares: 37,780,000
• Free Float: 37,629,000
• Market Cap: $2.67 billion
• Optionable: Optionable
• Beta: 0.69