NASDAQ:MGEE MGE Energy (MGEE) Stock Forecast, Price & News $73.43 +2.57 (+3.63%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$70.52▼$73.5750-Day Range$70.86▼$79.3152-Week Range$61.67▼$86.27Volume104,840 shsAverage Volume63,269 shsMarket Capitalization$2.66 billionP/E Ratio24.72Dividend Yield2.22%Price Target$72.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability MGE Energy MarketRank™ ForecastAnalyst RatingReduce1.00 Rating ScoreUpside/Downside1.9% Downside$72.00 Price TargetShort InterestHealthy0.71% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.39Upright™ Environmental ScoreNews Sentiment1.09Based on 4 Articles This WeekInsider TradingAcquiring Shares$84,968 Bought Last QuarterProj. Earnings Growth6.82%From $3.37 to $3.60 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.98 out of 5 starsUtilities Sector66th out of 84 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 $72.00, MGE Energy has a forecasted downside of 1.9% from its current price of $73.43.Amount of Analyst CoverageMGE Energy has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.71% 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 3.1, 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 5.67%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldMGE Energy pays a meaningful dividend of 2.30%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMGE Energy has been increasing its dividend for 47 years.Dividend CoverageThe dividend payout ratio of MGE Energy is 54.88%. 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 45.28% 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 2.8 News and Social Media Coverage News SentimentMGE Energy has a news sentiment score of 1.09. 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 0.54 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 4 news articles for MGE Energy this week, compared to 2 articles on an average week.Search InterestOnly 8 people have searched for MGEE on MarketBeat in the last 30 days. This is a decrease of -33% 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 $84,968.00 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 Institutions50.74% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for MGE Energy are expected to grow by 6.82% in the coming year, from $3.37 to $3.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MGE Energy is 24.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.14.Price to Earnings Ratio vs. SectorThe P/E ratio of MGE Energy is 24.72, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 94.91.Price to Earnings Growth RatioMGE Energy has a PEG Ratio of 3.94. 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 2.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About MGE Energy (NASDAQ:MGEE) StockMGE Energy, Inc. engages in the provision of natural gases and electric services. It operates though the following segments: Regulated Electric Utility Operations, Regulated Gas Utility Operations, Non-Regulated Energy Operations, Transmission Investments, and All Other. The Regulated Electric Utility Operations segment involves generating, purchasing, and distributing electricity. The Regulated Gas Utility Operations segment includes purchasing and distributing natural gas. The Non-Regulated Energy Operations segment offers owning and leasing electric generating capacity. The Transmission Investments segment represents investment in American Transmission Company LLC, a company engaged in the business of providing electric transmission services primarily in Wisconsin. The All Other segment invests in companies and property that relate to the regulated operations and financing the regulated operations. The company was founded in 2001 and is headquartered in Madison, WI.Read More 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 MGEE Stock News HeadlinesMay 30, 2023 | finance.yahoo.comMGEE - MGE Energy, Inc.May 29, 2023 | americanbankingnews.comMGE Energy, Inc. (MGEE) To Go Ex-Dividend on May 31stJune 4, 2023 | Behind the Markets (Ad)How A.I. Could Make Most 21st Century Diseases EXTINCTOn December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...May 22, 2023 | benzinga.comThe Latest Analyst Ratings for MGE EnergyMay 19, 2023 | businesswire.comMGE Energy to Present at the 2023 AGA Financial ForumMay 18, 2023 | americanbankingnews.comMGE Energy (NASDAQ:MGEE) Research Coverage Started at StockNews.comMay 18, 2023 | msn.comMGE Energy (MGEE) Declares $0.41 DividendMay 5, 2023 | msn.comOGE or MGEE: Which Is the Better Value Stock Right Now?June 4, 2023 | Behind the Markets (Ad)How A.I. Could Make Most 21st Century Diseases EXTINCTOn December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...May 4, 2023 | finance.yahoo.comMGE Energy Reports First-Quarter 2023 EarningsApril 23, 2023 | americanbankingnews.comMGE Energy (NASDAQ:MGEE) Price Target Raised to $72.00April 23, 2023 | americanbankingnews.comMGE Energy, Inc. (NASDAQ:MGEE) Short Interest Up 7.4% in MarchApril 21, 2023 | msn.comMorgan Stanley Maintains MGE Energy (MGEE) Underweight RecommendationApril 16, 2023 | finance.yahoo.comMGE Energy, Inc. (NASDAQ:MGEE) On An Uptrend: Could Fundamentals Be Driving The Stock?April 7, 2023 | americanbankingnews.comMGE Energy (NASDAQ:MGEE) Shares Up 2.5%April 2, 2023 | finance.yahoo.comMGE Energy's (NASDAQ:MGEE) investors will be pleased with their respectable 53% return over the last five yearsMarch 23, 2023 | finance.yahoo.comReasons to Add MGE Energy (MGEE) to Your Portfolio Right NowMarch 23, 2023 | americanbankingnews.comMorgan Stanley Cuts MGE Energy (NASDAQ:MGEE) Price Target to $68.00March 23, 2023 | americanbankingnews.comMGE Energy (NASDAQ:MGEE) Trading Down 5% After Analyst DowngradeMarch 19, 2023 | finance.yahoo.comJames Berbee Is The Independent Director of MGE Energy, Inc. (NASDAQ:MGEE) And They Just Picked Up 17% More SharesMarch 19, 2023 | finance.yahoo.comInsiders who bought MGE Energy, Inc. (NASDAQ:MGEE) last year must be regretting not buying more as market cap hits US$2.8bMarch 14, 2023 | finance.yahoo.comNiSource (NI) to Gain From Investments, Renewable ProjectsFebruary 26, 2023 | nasdaq.comEx-Dividend Reminder: Avangrid, MGE Energy and Universal Health ServicesFebruary 23, 2023 | nasdaq.comLooking for a Growth Stock? 3 Reasons Why MGE (MGEE) is a Solid ChoiceFebruary 23, 2023 | finance.yahoo.comShould You Be Adding MGE Energy (NASDAQ:MGEE) To Your Watchlist Today?February 22, 2023 | seekingalpha.comMGEE MGE Energy, Inc.February 22, 2023 | finance.yahoo.comMGE Energy Reports Fourth-Quarter and Full Year 2022 EarningsSee More Headlines MGEE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MGEE Company Calendar Last Earnings11/04/2021Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Ex-Dividend for 6/15 Dividend5/31/2023Today6/03/2023Dividend Payable6/15/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Electric, gas & sanitary services Sub-IndustryElectric Utilities SectorUtilities Current SymbolNASDAQ:MGEE CUSIP55277P10 CIK1161728 Webwww.mgeenergy.com Phone(608) 252-7000Fax608-252-7098Employees723Year FoundedN/APrice Target and Rating Average Stock Price Forecast$72.00 High Stock Price Forecast$72.00 Low Stock Price Forecast$72.00 Forecasted Upside/Downside-1.9%Consensus RatingReduce Rating Score (0-4)1.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.97 Trailing P/E Ratio24.72 Forward P/E Ratio21.79 P/E Growth3.94Net Income$110.95 million Net Margins14.89% Pretax Margin18.37% Return on Equity9.98% Return on Assets4.33% Debt Debt-to-Equity Ratio0.61 Current Ratio1.53 Quick Ratio1.05 Sales & Book Value Annual Sales$714.52 million Price / Sales3.72 Cash Flow$5.63 per share Price / Cash Flow13.04 Book Value$30.37 per share Price / Book2.42Miscellaneous Outstanding Shares36,160,000Free Float36,080,000Market Cap$2.66 billion OptionableOptionable Beta0.72 Key ExecutivesJeffrey M. KeeblerChairman, President & Chief Executive OfficerJames J. LorenzVice President-Energy OperationsJared J. BushekChief Financial Officer, Treasurer & VPBryan R. SullivanChief Information Officer & Assistant VPTamara J. JohnsonChief Accounting Officer, VP & ControllerKey CompetitorsTransAltaNYSE:TACSJW GroupNYSE:SJWChesapeake UtilitiesNYSE:CPKMYR GroupNASDAQ:MYRGPampa EnergíaNYSE:PAMView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Sold 4,096 shares on 6/1/2023Ownership: 0.056%ProShare Advisors LLCSold 400 shares on 5/26/2023Ownership: 0.012%James G BerbeeBought 60 shares on 5/23/2023Total: $4,530.00 ($75.50/share)Ameriprise Financial Inc.Sold 413 shares on 5/22/2023Ownership: 0.019%JPMorgan Chase & Co.Bought 106,394 shares on 5/18/2023Ownership: 0.488%View All Insider TransactionsView All Institutional Transactions MGEE Stock - Frequently Asked Questions Should I buy or sell MGE Energy stock right now? 1 Wall Street 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 analysts is that investors should "sell" MGEE shares. View MGEE analyst ratings or view top-rated stocks. What is MGE Energy's stock price forecast for 2023? 1 brokerages have issued 12-month price objectives for MGE Energy's stock. Their MGEE share price forecasts range from $72.00 to $72.00. On average, they expect the company's stock price to reach $72.00 in the next year. This suggests that the stock has a possible downside of 1.9%. View analysts price targets for MGEE or view top-rated stocks among Wall Street analysts. How have MGEE shares performed in 2023? MGE Energy's stock was trading at $70.40 on January 1st, 2023. Since then, MGEE shares have increased by 4.3% and is now trading at $73.43. View the best growth stocks for 2023 here. When is MGE Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our MGEE earnings forecast. How were MGE Energy's earnings last quarter? MGE Energy, Inc. (NASDAQ:MGEE) posted its quarterly earnings results on Thursday, November, 4th. The utilities provider reported $0.97 EPS for the quarter, topping the consensus estimate of $0.92 by $0.05. The utilities provider had revenue of $145.87 million for the quarter. MGE Energy had a net margin of 14.89% and a trailing twelve-month return on equity of 9.98%. How often does MGE Energy pay dividends? What is the dividend yield for MGE Energy? MGE Energy announced a quarterly dividend on Tuesday, May 16th. Stockholders of record on Thursday, June 1st will be given a dividend of $0.4075 per share on Thursday, June 15th. This represents a $1.63 annualized dividend and a yield of 2.22%. The ex-dividend date is Wednesday, May 31st. This is an increase from the stock's previous quarterly dividend of $0.41. 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), First Trust NASDAQ BuyWrite Income ETF (FTQI), iShares U.S. Infrastructure ETF (IFRA), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), Timothy Plan US Small Cap Core ETF (TPSC), Franklin U.S. Small Cap Multifactor Index ETF (FLQS) and iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV). Is MGE Energy a good dividend stock? MGE Energy (NASDAQ:MGEE) pays an annual dividend of $1.63 per share and currently has a dividend yield of 2.30%. The company 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 is 54.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MGEE will have a dividend payout ratio of 45.28% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MGEE. 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). 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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (7.71%), Victory Capital Management Inc. (3.00%), State Street Corp (2.69%), Dimensional Fund Advisors LP (2.08%), Geode Capital Management LLC (1.99%) and Gabelli Funds LLC (1.10%). Insiders that own company stock include Cari Anne Renlund, James G Berbee, James G Berbee, 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 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 $73.43. How much money does MGE Energy make? MGE Energy (NASDAQ:MGEE) has a market capitalization of $2.66 billion and generates $714.52 million in revenue each year. The utilities provider earns $110.95 million in net income (profit) each year or $2.97 on an earnings per share basis. How many employees does MGE Energy have? The company employs 723 workers across the globe. How can I contact MGE Energy? MGE Energy's mailing address is 133 SOUTH BLAIR STREET, MADISON WI, 53701. The official website for the company is www.mgeenergy.com. The utilities provider can be reached via phone at (608) 252-7000, via email at investor@mgeenergy.com, or via fax at 608-252-7098. This page (NASDAQ:MGEE) was last updated on 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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