S&P 500   3,768.25
DOW   30,814.26
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NASDAQ:MGEE

MGE Energy Stock Forecast, Price & News

$67.29
+0.66 (+0.99 %)
(As of 01/15/2021 08:00 PM ET)
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Today's Range
$65.75
Now: $67.29
$67.47
50-Day Range
$66.63
MA: $69.86
$72.92
52-Week Range
$47.19
Now: $67.29
$83.26
Volume2,493 shs
Average Volume98,060 shs
Market Capitalization$2.43 billion
P/E Ratio25.49
Dividend Yield2.20%
Beta0.49
MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through five segments: 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, natural gas, and renewable energy sources, as well as purchases power under short and long-term commitments. As of February 26, 2020, the company distributed electricity to 155,000 customers in Dane County, Wisconsin; and purchased and distributed natural gas to 163,000 customers in seven south-central and western Wisconsin counties. MGE Energy, Inc. was founded in 1855 and is headquartered in Madison, Wisconsin.
MGE Energy logo

MarketRank

Overall MarketRank

1.99 out of 5 stars

Utilities Sector

39th out of 46 stocks

Electric, Gas & Sanitary Services Industry

1st out of 1 stocks

Analyst Opinion: 0.8Community Rank: 2.3Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Electric, gas & sanitary services
Sub-IndustryElectric Utilities
SectorUtilities
Current SymbolNASDAQ:MGEE
CUSIP55277P10
Phone608-252-7000
EmployeesN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$568.85 million
Cash Flow$4.55 per share
Book Value$24.68 per share

Profitability

Net Income$86.87 million

Miscellaneous

Market Cap$2.43 billion
Next Earnings Date2/24/2021 (Estimated)
OptionableOptionable
$67.29
+0.66 (+0.99 %)
(As of 01/15/2021 08:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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MGE Energy (NASDAQ:MGEE) Frequently Asked Questions

How has MGE Energy's stock price been impacted by COVID-19 (Coronavirus)?

MGE Energy's stock was trading at $65.25 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MGEE shares have increased by 3.1% and is now trading at $67.29.
View which stocks have been most impacted by COVID-19
.

Is MGE Energy a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MGE Energy in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" MGE Energy stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MGEE, but not buy additional shares or sell existing shares.
View analyst ratings for MGE Energy
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than MGE Energy?

Wall Street analysts have given MGE Energy a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but MGE Energy wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is MGE Energy's next earnings date?

MGE Energy is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for MGE Energy
.

How were MGE Energy's earnings last quarter?

MGE Energy, Inc. (NASDAQ:MGEE) announced its quarterly earnings results on Thursday, November, 5th. The utilities provider reported $0.88 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.89 by $0.01. The utilities provider had revenue of $135.21 million for the quarter. MGE Energy had a net margin of 17.18% and a return on equity of 10.21%.
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, October 16th. Investors of record on Tuesday, December 1st will be given a dividend of $0.37 per share on Tuesday, December 15th. This represents a $1.48 annualized dividend and a dividend yield of 2.20%. The ex-dividend date is Monday, November 30th.
View MGE Energy's dividend history
.

Is MGE Energy a good dividend stock?

MGE Energy pays an annual dividend of $1.48 per share and currently has a dividend yield of 2.20%. MGE Energy has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of MGE Energy is 58.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MGE Energy will have a dividend payout ratio of 51.57% 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?

2 brokers have issued 12-month price targets for MGE Energy's stock. Their forecasts range from $57.00 to $68.00. On average, they anticipate MGE Energy's stock price to reach $62.50 in the next twelve months. This suggests that the stock has a possible downside of 7.1%.
View analysts' price targets for MGE Energy
or view Wall Street analyst' top-rated stocks.

Are investors shorting MGE Energy?

MGE Energy saw a decline in short interest in the month of December. As of December 31st, there was short interest totaling 239,800 shares, a decline of 22.2% from the December 15th total of 308,100 shares. Based on an average daily volume of 102,600 shares, the days-to-cover ratio is currently 2.3 days.
View MGE Energy's Short Interest
.

Who are some of MGE Energy's key competitors?

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).

Who are MGE Energy's key executives?

MGE Energy's management team includes the following people:
  • Mr. Jeffrey M. Keebler, Pres, CEO & Chairman (Age 49, Pay $1.01M)
  • Ms. Cari Anne Renlund, VP, Gen. Counsel & Sec. (Age 47, Pay $475.17k)
  • Mr. Jared Joseph Bushek, VP of Fin., Chief Information Officer & Treasurer (Age 40)
  • Ms. Tamara Jean Johnson, VP of Accounting & Controller (Age 56)
  • Mr. Ken Frassetto, Director - Shareholder Services and Treasury Management

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 investors include Redpoint Investment Management Pty Ltd (0.02%). Company insiders that own MGE Energy stock include Cari Anne Renlund, James G Berbee, James L Possin, Jeffrey M Keebler and Marcia M Anderson.
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 Redpoint Investment Management Pty Ltd.
View insider buying and selling activity for MGE Energy
or view top insider-selling 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.

What is MGE Energy's stock price today?

One share of MGEE stock can currently be purchased for approximately $67.29.

How big of a company is MGE Energy?

MGE Energy has a market capitalization of $2.43 billion and generates $568.85 million in revenue each year. The utilities provider earns $86.87 million in net income (profit) each year or $2.51 on an earnings per share basis.

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 or via email at [email protected]

This page was last updated on 1/19/2021 by MarketBeat.com Staff

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