NASDAQ:MGEE MGE Energy (MGEE) Stock Price, News & Analysis $90.60 +2.60 (+2.95%) (As of 09/13/2024 08:53 PM ET) Add Compare Share Share Today's Range$88.33▼$90.7750-Day Range$75.73▼$90.6052-Week Range$61.94▼$90.77Volume92,500 shsAverage Volume241,573 shsMarket Capitalization$3.28 billionP/E Ratio27.29Dividend Yield1.99%Price Target$71.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get MGE Energy alerts: Email Address MGE Energy MarketRank™ Stock AnalysisAnalyst RatingSell1.00 Rating ScoreUpside/Downside21.6% Downside$71.00 Price TargetShort InterestBearish4.30% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.39Upright™ Environmental ScoreNews Sentiment1.12Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth9.21%From $3.69 to $4.03 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.2.34 out of 5 starsUtilities Sector67th out of 93 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.Amount of Analyst CoverageMGE Energy has only been the subject of 1 research reports in the past 90 days.Read more about MGE Energy's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted4.30% 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 11, which indicates bearish sentiment.Change versus previous monthShort interest in MGE Energy has recently increased by 1.31%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldMGE Energy pays a meaningful dividend of 2.06%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMGE Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of MGE Energy is 54.22%. 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 44.67% next year. This indicates that MGE Energy will be able to sustain or increase its dividend.Read more about MGE Energy's 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 2.8 News and Social Media Coverage News SentimentMGE Energy has a news sentiment score of 1.12. 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 0.53 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. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MGE Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.19% of the stock of MGE Energy is held by insiders.Percentage Held by Institutions52.58% of the stock of MGE Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about MGE Energy's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for MGE Energy are expected to grow by 9.21% in the coming year, from $3.69 to $4.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MGE Energy is 27.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.70.Price to Earnings Ratio vs. SectorThe P/E ratio of MGE Energy is 27.29, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 88.87.Price to Book Value per Share RatioMGE Energy has a P/B Ratio of 2.87. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about MGE Energy's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyWar on Elon Escalates… Elon Musk just built a supercomputer in Memphis, Tennessee. It took him only 122 days. Dubbed “Colossus,” this supercomputer aims to become the most powerful AI training system in the world. Housed in a 785,000 sq. ft facility in Memphis, Colossus will soon require 150 megawatts of electricity per day. That’s about equal to the amount of energy needed to power 100,000 homes per year. Click here and take notes. About MGE Energy Stock (NASDAQ:MGEE)MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in the United States. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other segments. 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 HeadlinesSeptember 15 at 2:21 AM | americanbankingnews.comAnalyzing MGE Energy (NASDAQ:MGEE) and EuroSite Power (OTCMKTS:EUSP)September 13 at 7:51 PM | finance.yahoo.comMGE Energy Issues September 2024 'Inside View'September 16, 2024 | Porter & Company (Ad)War on Elon Escalates… Elon Musk just built a supercomputer in Memphis, Tennessee. It took him only 122 days. Dubbed “Colossus,” this supercomputer aims to become the most powerful AI training system in the world. Housed in a 785,000 sq. ft facility in Memphis, Colossus will soon require 150 megawatts of electricity per day. That’s about equal to the amount of energy needed to power 100,000 homes per year. August 29, 2024 | finance.yahoo.comMGE Energy (NASDAQ:MGEE) shareholders have earned a 19% return over the last yearAugust 24, 2024 | markets.businessinsider.comMorgan Stanley Remains a Sell on MGE Energy (MGEE)August 18, 2024 | marketwatch.comMGE Energy Approaches Dividend Royalty With 5.3% Payout BoostAugust 17, 2024 | finance.yahoo.comMGE Energy Increases Dividend for 49th Consecutive YearAugust 16, 2024 | seekingalpha.comMGE Energy: Buy This Dividend Champion While It's On SaleSeptember 16, 2024 | Porter & Company (Ad)War on Elon Escalates… Elon Musk just built a supercomputer in Memphis, Tennessee. It took him only 122 days. Dubbed “Colossus,” this supercomputer aims to become the most powerful AI training system in the world. Housed in a 785,000 sq. ft facility in Memphis, Colossus will soon require 150 megawatts of electricity per day. That’s about equal to the amount of energy needed to power 100,000 homes per year. August 10, 2024 | finance.yahoo.comHas MGE Energy, Inc.'s (NASDAQ:MGEE) Impressive Stock Performance Got Anything to Do With Its Fundamentals?August 7, 2024 | finance.yahoo.comMGE Energy Reports Second-Quarter 2024 EarningsJune 14, 2024 | businesswire.comMGE Energy Issues June 2024 'Inside View'May 21, 2024 | businesswire.comMGE Energy Declares Regular DividendMay 8, 2024 | investorplace.comMGEE Stock Earnings: MGE Energy Misses EPS for Q1 2024May 8, 2024 | finance.yahoo.comMGE Energy Reports First-Quarter 2024 EarningsApril 29, 2024 | finance.yahoo.comMGE Energy, Inc. (NASDAQ:MGEE) is favoured by institutional owners who hold 62% of the companyApril 12, 2024 | investorplace.com3 Utility Stocks Short Sellers Are Pulling the Plug On: Is a Power Outage Looming?April 7, 2024 | sg.finance.yahoo.comThames Water owner Kemble defaults on £400 million of bondsSee 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 Earnings8/07/2024Ex-Dividend for 9/15 Dividend8/30/2024Today9/15/2024Dividend Payable9/15/2024Next Earnings (Estimated)11/07/2024Fiscal 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) 252-7000Fax608-252-7098Employees700Year FoundedN/APrice Target and Rating Average Stock Price Target$71.00 High Stock Price Target$71.00 Low Stock Price Target$71.00 Potential Upside/Downside-21.6%Consensus RatingSell Rating Score (0-4)1.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$3.32 Trailing P/E Ratio27.29 Forward P/E Ratio24.55 P/E GrowthN/ANet Income$117.70 million Net Margins17.45% Pretax Margin20.22% Return on Equity10.04% Return on Assets4.33% Debt Debt-to-Equity Ratio0.61 Current Ratio1.32 Quick Ratio0.90 Sales & Book Value Annual Sales$690.43 million Price / Sales4.75 Cash Flow$6.26 per share Price / Cash Flow14.48 Book Value$31.53 per share Price / Book2.87Miscellaneous Outstanding Shares36,180,000Free Float36,107,000Market Cap$3.28 billion OptionableOptionable Beta0.70 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Jeffrey M. Keebler (Age 52)President, CEO & Chairman of the Board Comp: $1.28MMr. Jared Joseph Bushek (Age 43)VP, CFO & Treasurer Comp: $632.46kMs. Tamara Jean Johnson (Age 59)VP, Chief Accounting Officer & Controller Comp: $444.28kMs. Cari Anne Renlund (Age 50)VP, General Counsel & Secretary Comp: $644.83kMs. Lynn K. Hobbie (Age 65)President of Marketing & Communications Comp: $565.96kBryan R. Sullivan (Age 51)Assistant VP & Chief Information Officer Mr. Ken FrassettoDirector - Shareholder Services and Treasury ManagementMelissa T. Garner (Age 43)Assistant Vice President of Human Resources More ExecutivesKey CompetitorsAtlantic PowerNYSE:ATPinnacle West CapitalNYSE:PNWOGE EnergyNYSE:OGEIDACORPNYSE:IDAPortland General ElectricNYSE:PORView All CompetitorsInsiders & InstitutionsTeachers Retirement System of The State of KentuckyBought 6,458 shares on 8/26/2024Ownership: 0.035%Cetera Investment AdvisersSold 1,257 shares on 8/22/2024Ownership: 0.078%Creative PlanningBought 936 shares on 8/16/2024Ownership: 0.023%Algert Global LLCSold 2,292 shares on 8/16/2024Ownership: 0.010%The Manufacturers Life Insurance Company Bought 349 shares on 8/15/2024Ownership: 0.057%View All Insider TransactionsView All Institutional Transactions MGEE Stock Analysis - Frequently Asked Questions How have MGEE shares performed this year? MGE Energy's stock was trading at $72.31 on January 1st, 2024. Since then, MGEE stock has increased by 25.3% and is now trading at $90.60. View the best growth stocks for 2024 here. How were MGE Energy's earnings last quarter? MGE Energy, Inc. (NASDAQ:MGEE) posted its quarterly earnings results on Wednesday, August, 7th. The utilities provider reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.95 by $0.29. The utilities provider earned $145.71 million during the quarter, compared to analysts' expectations of $151.29 million. MGE Energy had a trailing twelve-month return on equity of 10.04% and a net margin of 17.45%. Who are MGE Energy's major shareholders? MGE Energy's top institutional shareholders include Victory Capital Management Inc. (3.76%), Dimensional Fund Advisors LP (2.17%), Bank of New York Mellon Corp (1.23%) and Gabelli Funds LLC (0.79%). Insiders that own company stock include James G Berbee, Scott Robert Smith, James Jerome Lorenz and James L Possin. 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. What other stocks do shareholders of MGE Energy own? Based on aggregate information from My MarketBeat watchlists, some other companies that MGE Energy investors own include International Business Machines (IBM), Medtronic (MDT), MetLife (MET), AT&T (T), WEC Energy Group (WEC) and Exxon Mobil (XOM). This page (NASDAQ:MGEE) was last updated on 9/16/2024 by MarketBeat.com Staff From Our PartnersBREAKING NEWS: AI Tech Now Used to Stop School ShootersTwo seconds. That's all it takes for Knightscope's Automated Gunshot Detection to notify authorities and map a...Market JAR | SponsoredMore Than 30 Federal Agencies Buy From This Cybersecurity TechIn January of 2022 Ukraine was hit by an especially nasty piece of malware, named WhisperGate. 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