S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13

MGE Energy Stock Forecast, Price & News

+1.87 (+2.40%)
(As of 07/1/2022 08:44 PM ET)
Today's Range
50-Day Range
52-Week Range
81,900 shs
Average Volume
114,743 shs
Market Capitalization
$2.88 billion
P/E Ratio
Dividend Yield
Price Target

MGE Energy MarketRank™ Forecast

Analyst Rating
1.00 Rating Score
9.0% Downside
$72.50 Price Target
Short Interest
1.29% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
1.32mentions of MGE Energy in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$4.51 K Bought Last Quarter
Proj. Earnings Growth
From $3.12 to $3.32 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.99 out of 5 stars

Utilities Sector

39th out of 120 stocks

Electric, Gas & Sanitary Services Industry

2nd out of 4 stocks

30 days | 90 days | 365 days | Advanced Chart

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MGE Energy logo

About MGE Energy (NASDAQ:MGEE) Stock

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.

MGEE Stock News Headlines

MGE Energy (NASDAQ:MGEE) Shares Gap Down to $74.29
MGE Energy Issues June 2022 'Interim Report'
4 Analysts Have This to Say About MGE Energy
MGE Energy Issues May 2022 'Inside View'
MGE (MGEE) Misses Q1 Earnings Estimates
MGE Energy Reports First-Quarter 2022 Earnings
MGE Energy Inc MGEE
MGE Energy Issues March 2022 'Interim Report'
MGE Energy: Solid With Enduring Dividend Growth
See More Headlines

Industry, Sector and Symbol

Electric, gas & sanitary services
Electric Utilities
Current Symbol
Year Founded

Company Calendar

Last Earnings
Ex-Dividend for 6/15 Dividend
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Price Target and Rating

Average Stock Price Forecast
High Stock Price Forecast
Low Stock Price Forecast
Forecasted Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
1 Analysts


Net Income
$105.76 million
Pretax Margin


Sales & Book Value

Annual Sales
$606.58 million
Cash Flow
$5.05 per share
Book Value
$28.41 per share


Free Float
Market Cap
$2.88 billion

MGE Energy Frequently Asked Questions

Should I buy or sell MGE Energy stock right now?

1 Wall Street equities 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 equities research analysts is that investors should "reduce" MGE Energy stock.
View analyst ratings for MGE Energy
or view top-rated stocks.

What is MGE Energy's stock price forecast for 2022?

1 brokers have issued 12 month target prices for MGE Energy's stock. Their MGEE stock forecasts range from $71.00 to $74.00. On average, they predict MGE Energy's share price to reach $72.50 in the next year. This suggests that the stock has a possible downside of 9.0%.
View analysts' price targets for MGE Energy
or view top-rated stocks among Wall Street analysts.

How has MGE Energy's stock price performed in 2022?

MGE Energy's stock was trading at $82.25 at the start of the year. Since then, MGEE shares have decreased by 3.1% and is now trading at $79.70.
View the best growth stocks for 2022 here

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) released its quarterly earnings results on Thursday, May, 5th. The utilities provider reported $0.95 earnings per share for the quarter, missing analysts' consensus estimates of $0.97 by $0.02. The utilities provider earned $208.94 million during the quarter, compared to analysts' expectations of $182 million. MGE Energy had a trailing twelve-month return on equity of 10.24% and a net margin of 16.25%.
View MGE Energy's earnings history

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

MGE Energy announced a quarterly dividend on Tuesday, May 17th. Investors of record on Wednesday, June 1st will be paid a dividend of $0.387 per share on Wednesday, June 15th. This represents a $1.55 annualized dividend and a dividend yield of 1.94%. The ex-dividend date is Tuesday, May 31st.
View MGE Energy's dividend history

Is MGE Energy a good dividend stock?

MGE Energy(NASDAQ:MGEE) pays an annual dividend of $1.55 per share and currently has a dividend yield of 1.94%. 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.

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."

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 $79.70.

How much money does MGE Energy make?

MGE Energy (NASDAQ:MGEE) has a market capitalization of $2.88 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.

How can I contact MGE Energy?

MGE Energy's mailing address is 133 SOUTH BLAIR STREET, MADISON WI, 53701. The official website for MGE Energy 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 7/4/2022 by MarketBeat.com Staff

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