NASDAQ:MGEE MGE Energy (MGEE) Stock Price, News & Analysis → The only AI company you should be looking at (From Behind the Markets) (Ad) Free MGEE Stock Alerts $74.35 -0.74 (-0.99%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$73.65▼$76.0850-Day Range$62.19▼$80.8752-Week Range$61.94▼$83.27Volume668,198 shsAverage Volume416,088 shsMarket Capitalization$2.69 billionP/E Ratio22.88Dividend Yield2.30%Price Target$62.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get MGE Energy alerts: Email Address MGE Energy MarketRank™ Stock AnalysisAnalyst RatingSell1.00 Rating ScoreUpside/Downside16.6% Downside$62.00 Price TargetShort InterestHealthy0.59% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.39Upright™ Environmental ScoreNews Sentiment0.90Based on 5 Articles This WeekInsider TradingAcquiring Shares$37,629 Bought Last QuarterProj. Earnings Growth8.70%From $3.68 to $4.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.95 out of 5 starsUtilities Sector41st out of 91 stocksElectric, Gas & Sanitary Services Industry2nd out of 4 stocks 0.5 Analyst's Opinion Consensus RatingMGE Energy has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $62.00, MGE Energy has a forecasted downside of 16.6% from its current price of $74.35.Amount of Analyst CoverageMGE Energy has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.59% of the float of MGE Energy has been sold short.Short Interest Ratio / Days to CoverMGE Energy has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MGE Energy has recently increased by 20.17%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldMGE Energy pays a meaningful dividend of 2.28%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMGE Energy has been increasing its dividend for 48 years.Dividend CoverageThe dividend payout ratio of MGE Energy is 52.62%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, MGE Energy will have a dividend payout ratio of 42.75% next year. This indicates that MGE Energy will be able to sustain or increase its dividend. Previous Next 2.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMGE Energy has received a 1.02% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Natural gas distribution services", "Electricity distribution services of electricity produced with fossil fuels", and "Electricity distribution services of electricity produced with renewable energy sources" products. See details.Environmental SustainabilityThe Environmental Impact score for MGE Energy is -3.39. Previous Next 3.8 News and Social Media Coverage News SentimentMGE Energy has a news sentiment score of 0.90. 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 0.43 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 5 news articles for MGE Energy this week, compared to 1 article on an average week.Search Interest2 people have searched for MGEE on MarketBeat in the last 30 days. MarketBeat Follows3 people have added MGE Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MGE Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $37,629.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.23% of the stock of MGE Energy is held by insiders.Percentage Held by Institutions54.08% of the stock of MGE Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for MGE Energy are expected to grow by 8.70% in the coming year, from $3.68 to $4.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MGE Energy is 22.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 152.03.Price to Earnings Ratio vs. SectorThe P/E ratio of MGE Energy is 22.88, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 83.21.Price to Earnings Growth RatioMGE Energy has a PEG Ratio of 3.81. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMGE Energy has a P/B Ratio of 2.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. 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The company generates, purchases, and distributes electricity and natural gas in Wisconsin and Iowa; owns and leases electric generating capacity; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission power services. It generates electricity from coal-fired, gas-fired, and renewable energy sources. As of December 31, 2023, the company owned and operated 835 miles of overhead electric distribution lines; 1,330 miles of underground electric distribution cables; 49 substations with an installed capacity of 1.2 million kVA; and gas facilities, including 3,066 miles of distribution mains, as well as supplied electric service to approximately 163,000 customers. MGE Energy, Inc. founded in 2001 and is headquartered in Madison, Wisconsin.Read More MGEE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MGEE Stock News HeadlinesMarch 18, 2024 | finance.yahoo.comMGE Energy (NASDAQ:MGEE) sheds 5.1% this week, as yearly returns fall more in line with earnings growthMarch 15, 2024 | finance.yahoo.comMGEE Apr 2024 80.000 putMarch 18, 2024 | Paradigm Press (Ad)8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)THIS cryptocurrency has gained 40% in 6 months. A crypto millionaire who has researched the space for a decade says it will go up 8,788% in 5 years. The name of this cryptocurrency is revealed right here: March 10, 2024 | americanbankingnews.comMGE Energy (NASDAQ:MGEE) Stock Rating Lowered by StockNews.comMarch 6, 2024 | nasdaq.comMGEE Makes Bullish Cross Above Critical Moving AverageMarch 1, 2024 | finance.yahoo.comMGE Energy, Inc. (NASDAQ:MGEE) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?February 21, 2024 | businesswire.comMGE Energy Reports Fourth-Quarter and Full-Year 2023 EarningsFebruary 21, 2024 | businesswire.comMGE Energy Reports Fourth-Quarter and Full-Year 2023 EarningsMarch 18, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.February 15, 2024 | msn.comDTE vs. MGEE: Which Stock Is the Better Value Option?January 24, 2024 | wsj.comMGE Energy Inc.January 22, 2024 | benzinga.comMGE Energy Stock (NASDAQ:MGEE), Guidance and ForecastJanuary 19, 2024 | msn.comMGE Energy declares $0.4275 dividendJanuary 12, 2024 | finance.yahoo.comIs Now The Time To Put MGE Energy (NASDAQ:MGEE) On Your Watchlist?December 22, 2023 | seekingalpha.comMGE Energy: Growing Earnings But Valuation Is Not CheapNovember 4, 2023 | hk.finance.yahoo.comMGE Energy Inc (MGEE) Reports Q3 2023 Earnings of $37.9 Million, Up from $33.November 2, 2023 | finance.yahoo.comMGE Energy Inc (MGEE) Reports Q3 2023 Earnings of $37.9 Million, Up from $33. ...November 2, 2023 | finance.yahoo.comMGE Energy Reports Third-Quarter 2023 EarningsOctober 26, 2023 | thestreet.comMGE Energy, Ball Corp.: Top 5 Value StocksOctober 23, 2023 | finance.yahoo.comHere's What To Make Of MGE Energy's (NASDAQ:MGEE) Decelerating Rates Of ReturnOctober 7, 2023 | finance.yahoo.comMGE Energy's (NASDAQ:MGEE) 5.3% CAGR outpaced the company's earnings growth over the same five-year periodOctober 3, 2023 | finance.yahoo.comUnveiling MGE Energy (MGEE)'s Value: Is It Really Priced Right? A Comprehensive GuideSeptember 23, 2023 | finance.yahoo.comAre MGE Energy, Inc.'s (NASDAQ:MGEE) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?September 22, 2023 | seekingalpha.comMGE Energy: High Capital And Reinvestment Requirements Without The Economics To ShowSeptember 15, 2023 | businesswire.comMGE Energy Issues September 2023 'Inside View'September 15, 2023 | finance.yahoo.comMGE Energy Issues September 2023 'Inside View'August 24, 2023 | finance.yahoo.comMGE Energy's (NASDAQ:MGEE) Shareholders Will Receive A Bigger Dividend Than Last YearSee More Headlines Receive MGEE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MGE Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/21/2024Ex-Dividend for 3/15 Dividend2/29/2024Dividend Payable3/15/2024Today3/18/2024Next Earnings (Estimated)5/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorUtilities Industry Electric, gas & sanitary services Sub-IndustryElectric Utilities Current SymbolNASDAQ:MGEE CUSIP55277P10 CIK1161728 Webwww.mgeenergy.com Phone(608) 252-7000Fax608-252-7098Employees723Year FoundedN/APrice Target and Rating Average Stock Price Target$62.00 High Stock Price Target$62.00 Low Stock Price Target$62.00 Potential Upside/Downside-16.6%Consensus RatingSell Rating Score (0-4)1.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$3.25 Trailing P/E Ratio22.88 Forward P/E Ratio20.20 P/E Growth3.81Net Income$117.70 million Net Margins17.05% Pretax Margin21.07% Return on Equity10.49% Return on Assets4.55% Debt Debt-to-Equity Ratio0.65 Current Ratio1.52 Quick Ratio1.05 Sales & Book Value Annual Sales$690.43 million Price / Sales3.90 Cash Flow$5.97 per share Price / Cash Flow12.45 Book Value$31.53 per share Price / Book2.36Miscellaneous Outstanding Shares36,170,000Free Float36,085,000Market Cap$2.69 billion OptionableOptionable Beta0.70 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Jeffrey M. Keebler (Age 52)President, CEO & Chairman of the Board Comp: $1.16MMr. Jared Joseph Bushek (Age 43)VP, CFO & Treasurer Comp: $699.08kMs. Tamara Jean Johnson (Age 59)VP, Chief Accounting Officer & Controller Comp: $416.67kMs. Cari Anne Renlund (Age 50)VP, General Counsel & Secretary Comp: $887.6kMs. Lynn K. Hobbie (Age 65)Executive Vice President of Marketing & Communications Comp: $544.73kBryan R. Sullivan (Age 51)Assistant VP & Chief Information Officer Mr. Ken FrassettoDirector - Shareholder Services and Treasury ManagementMelissa T. Garner (Age 42)Assistant Vice President of Human Resources More ExecutivesKey CompetitorsPrimo WaterNYSE:PRMWCalifornia Water Service GroupNYSE:CWTAmerican States WaterNYSE:AWRAvistaNYSE:AVAMYR GroupNASDAQ:MYRGView All CompetitorsInsiders & InstitutionsHennessy Advisors Inc.Sold 300 shares on 3/14/2024Ownership: 0.029%Vanguard Group Inc.Bought 8,643 shares on 3/11/2024Ownership: 11.558%James G BerbeeBought 458 shares on 3/6/2024Total: $37,629.28 ($82.16/share)Goldman Sachs Group Inc.Bought 10,822 shares on 3/1/2024Ownership: 0.959%Royal London Asset Management Ltd.Sold 49,977 shares on 3/1/2024Ownership: 0.071%View All Insider TransactionsView All Institutional Transactions MGEE Stock Analysis - Frequently Asked Questions Should I buy or sell MGE Energy stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MGE Energy in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street research analysts is that investors should "sell" MGEE shares. View MGEE analyst ratings or view top-rated stocks. What is MGE Energy's stock price target for 2024? 1 Wall Street analysts have issued 1 year price targets for MGE Energy's shares. Their MGEE share price targets range from $62.00 to $62.00. On average, they anticipate the company's share price to reach $62.00 in the next year. This suggests that the stock has a possible downside of 16.6%. View analysts price targets for MGEE or view top-rated stocks among Wall Street analysts. How have MGEE shares performed in 2024? MGE Energy's stock was trading at $72.31 at the beginning of the year. Since then, MGEE shares have increased by 2.8% and is now trading at $74.35. View the best growth stocks for 2024 here. Are investors shorting MGE Energy? MGE Energy saw a increase in short interest in the month of February. As of February 29th, there was short interest totaling 212,700 shares, an increase of 20.2% from the February 14th total of 177,000 shares. Based on an average daily volume of 251,000 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.6% of the company's shares are sold short. View MGE Energy's Short Interest. When is MGE Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our MGEE earnings forecast. How were MGE Energy's earnings last quarter? MGE Energy, Inc. (NASDAQ:MGEE) posted its quarterly earnings results on Wednesday, February, 21st. The utilities provider reported $0.55 EPS for the quarter, missing analysts' consensus estimates of $0.61 by $0.06. The utilities provider earned $164.65 million during the quarter, compared to the consensus estimate of $190.55 million. MGE Energy had a trailing twelve-month return on equity of 10.49% and a net margin of 17.05%. How often does MGE Energy pay dividends? What is the dividend yield for MGE Energy? MGE Energy announced a quarterly dividend on Friday, January 19th. Investors of record on Friday, March 1st will be paid a dividend of $0.428 per share on Friday, March 15th. This represents a $1.71 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date of this dividend is Thursday, February 29th. Read our dividend analysis for MGEE. Is MGE Energy a good dividend stock? MGE Energy (NASDAQ:MGEE) pays an annual dividend of $1.71 per share and currently has a dividend yield of 2.28%. The company has been increasing its dividend for 48 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 52.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MGEE will have a dividend payout ratio of 42.75% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MGEE. What ETFs hold MGE Energy's stock? ETFs with the largest weight of MGE Energy (NASDAQ:MGEE) stock in their portfolio include VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), iShares U.S. Infrastructure ETF (IFRA), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), VictoryShares US Small Cap Volatility Wtd (CSA), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF) and Timothy Plan US Small Cap Core ETF (TPSC).Avantis U.S. Small Cap Equity ETF (AVSC). What is Gary J. Wolter's approval rating as MGE Energy's CEO? 14 employees have rated MGE Energy Chief Executive Officer Gary J. Wolter on Glassdoor.com. Gary J. Wolter has an approval rating of 93% among the company'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 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). Who are MGE Energy's major shareholders? MGE Energy's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.56%), Vanguard Group Inc. (11.56%), Victory Capital Management Inc. (3.40%), Dimensional Fund Advisors LP (2.10%), Northern Trust Corp (1.19%) and Gabelli Funds LLC (1.07%). Insiders that own company stock include James G Berbee, James G Berbee, James Jerome Lorenz, James L Possin and Scott Robert Smith. View institutional ownership trends. How do I buy shares of MGE Energy? Shares of MGEE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:MGEE) was last updated on 3/18/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial MetalsLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceStock-Picking AI Predicts #1 Stock of 2024AltimetryDid you make $29,000 two days with AI options trades?Prosper Trading AcademyForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThe world’s greatest investmentPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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