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DOW   31,490.07
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S&P 500   3,923.68
DOW   31,490.07
QQQ   291.14
S&P 500   3,923.68
DOW   31,490.07
QQQ   291.14
S&P 500   3,923.68
DOW   31,490.07
QQQ   291.14
NASDAQ:MGEE

MGE Energy (MGEE) Stock Forecast, Price & News

$82.01
+0.17 (+0.21%)
(As of 05/18/2022 04:00 PM ET)
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Today's Range
$81.57
$84.21
50-Day Range
$75.61
$84.21
52-Week Range
$69.23
$84.96
Volume
128,034 shs
Average Volume
88,011 shs
Market Capitalization
$2.97 billion
P/E Ratio
28.18
Dividend Yield
1.89%
Beta
0.67
30 days | 90 days | 365 days | Advanced Chart
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MGE Energy logo

About MGE Energy

MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other. The company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources, as well as purchases power under short and long-term commitments. As of December 31, 2021, the company generated and distributed electricity to 159,000 customers in Dane County, Wisconsin; and purchased and distributed natural gas to 169,000 customers in seven Wisconsin counties. MGE Energy, Inc.is headquartered in Madison, Wisconsin.

Headlines

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Industry, Sector and Symbol

Industry
Electric, gas & sanitary services
Sub-Industry
Electric Utilities
Sector
Utilities
Current Symbol
NASDAQ:MGEE
CUSIP
55277P10
Employees
723
Year Founded
N/A

Sales & Book Value

Annual Sales
$606.58 million
Cash Flow
$5.04 per share
Book Value
$28.98 per share

Profitability

Net Income
$105.76 million
Pretax Margin
18.03%

Debt

Price-To-Earnings

Miscellaneous

Free Float
36,109,000
Market Cap
$2.97 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/15 Dividend
2/28/2022
Dividend Payable
3/15/2022
Last Earnings
5/05/2022
Today
5/19/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.36 out of 5 stars

Utilities Sector

45th out of 122 stocks

Electric, Gas & Sanitary Services Industry

2nd out of 4 stocks

Analyst Opinion: 0.5Community Rank: 4.0Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -













MGE Energy (NASDAQ:MGEE) Frequently Asked Questions

Is MGE Energy a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MGE Energy in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" MGE Energy stock.
View analyst ratings for MGE Energy
or view top-rated stocks.

When is MGE Energy's next earnings date?

MGE Energy is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for MGE Energy
.

How were MGE Energy's earnings last quarter?

MGE Energy, Inc. (NASDAQ:MGEE) posted its earnings results on Thursday, May, 5th. The utilities provider reported $0.95 earnings per share for the quarter, beating analysts' consensus estimates of $0.93 by $0.02. MGE Energy had a net margin of 16.25% and a trailing twelve-month return on equity of 10.24%.
View MGE Energy's earnings history
.

How often does MGE Energy pay dividends? What is the dividend yield for MGE Energy?

MGE Energy declared a quarterly dividend on Friday, January 21st. Stockholders of record on Tuesday, March 1st will be given a dividend of $0.387 per share on Tuesday, March 15th. This represents a $1.55 annualized dividend and a yield of 1.89%. The ex-dividend date of this dividend is Monday, February 28th.
View MGE Energy's dividend history
.

Is MGE Energy a good dividend stock?

MGE Energy pays an annual dividend of $1.55 per share and currently has a dividend yield of 1.89%. MGE Energy has been increasing its dividend for 47 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of MGE Energy is 53.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MGE Energy will have a dividend payout ratio of 46.69% next year. This indicates that MGE Energy will be able to sustain or increase its dividend.
View MGE Energy's dividend history.

What price target have analysts set for MGEE?

1 brokerages have issued 1 year target prices for MGE Energy's shares. Their forecasts range from $71.00 to $78.00. On average, they expect MGE Energy's share price to reach $74.50 in the next year. This suggests that the stock has a possible downside of 9.2%.
View analysts' price targets for MGE Energy
or view top-rated stocks among Wall Street analysts.

Who are MGE Energy's key executives?
MGE Energy's management team includes the following people:
  • Mr. Jeffrey M. Keebler, Pres, CEO & Chairman (Age 50, Pay $1.11M)
  • Mr. Jared Joseph Bushek, CFO, VP of Fin., Chief Information Officer & Treasurer (Age 41, Pay $453.67k)
  • Ms. Tamara Jean Johnson, Chief Accounting Officer, VP of Accounting & Controller (Age 57, Pay $401.83k)
  • Ms. Cari Anne Renlund, VP, Gen. Counsel & Sec. (Age 48, Pay $553.57k)
  • Ms. Lynn K. Hobbie, Exec. VP of Marketing & Communications (Age 63, Pay $531.6k)
  • Mr. Ken Frassetto, Director - Shareholder Services and Treasury Management
  • Mr. Marshall S. Heyworth, Assistant VP of HR (Age 65)
What is Gary J. Wolter's approval rating as MGE Energy's CEO?

14 employees have rated MGE Energy CEO Gary J. Wolter on Glassdoor.com. Gary J. Wolter has an approval rating of 93% among MGE Energy's employees. This puts Gary J. Wolter in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of MGE Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MGE Energy investors own include (AEP), International Business Machines (IBM), Medtronic (MDT), MetLife (MET), AT&T (T), WEC Energy Group (WEC), Exxon Mobil (XOM), Invesco (IVZ), KEMET (KEM) and Marathon Petroleum (MPC).

What is MGE Energy's stock symbol?

MGE Energy trades on the NASDAQ under the ticker symbol "MGEE."

Who are MGE Energy's major shareholders?

MGE Energy's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.82%), BlackRock Inc. (7.27%), Victory Capital Management Inc. (3.24%), State Street Corp (2.72%), Goldman Sachs Group Inc. (2.22%) and First Trust Advisors LP (2.21%). Company insiders that own MGE Energy stock include Cari Anne Renlund, James G Berbee, James G Berbee, James Jerome Lorenz and James L Possin.
View institutional ownership trends for MGE Energy
.

Which institutional investors are selling MGE Energy stock?

MGEE stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., SG Americas Securities LLC, JPMorgan Chase & Co., Royal London Asset Management Ltd., BNP Paribas Arbitrage SA, Goldman Sachs Group Inc., Northern Trust Corp, and First Trust Advisors LP.
View insider buying and selling activity for MGE Energy
or view top insider-selling stocks.

Which institutional investors are buying MGE Energy stock?

MGEE stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., State Street Corp, Vanguard Group Inc., Dimensional Fund Advisors LP, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Charles Schwab Investment Management Inc., Bank of Montreal Can, and NorthRock Partners LLC. Company insiders that have bought MGE Energy stock in the last two years include Cari Anne Renlund, James G Berbee, James Jerome Lorenz, and James L Possin.
View insider buying and selling activity for MGE Energy
or or view top insider-buying stocks.

How do I buy shares of MGE Energy?

Shares of MGEE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is MGE Energy's stock price today?

One share of MGEE stock can currently be purchased for approximately $82.01.

How much money does MGE Energy make?

MGE Energy has a market capitalization of $2.97 billion and generates $606.58 million in revenue each year. The utilities provider earns $105.76 million in net income (profit) each year or $2.909990 on an earnings per share basis.

How many employees does MGE Energy have?

MGE Energy employs 723 workers across the globe.

What is MGE Energy's official website?

The official website for MGE Energy is www.mgeenergy.com.

How can I contact MGE Energy?

MGE Energy's mailing address is 133 SOUTH BLAIR STREET, MADISON WI, 53701. The utilities provider can be reached via phone at (608) 252-7000, via email at [email protected], or via fax at 608-252-7098.

This page was last updated on 5/19/2022 by MarketBeat.com Staff

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