NASDAQ:MGEE - MGE Energy Stock Price, Forecast & News

MGE Energy's stock was trading at $65.25 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MGEE shares have decreased by 5.0% and is now trading at $62.00. View which stocks have been mosted impacted by Coronavirus.

MGE Energy is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for MGE Energy.

MGE Energy, Inc. (NASDAQ:MGEE) released its quarterly earnings results on Wednesday, February, 26th. The utilities provider reported $0.48 earnings per share (EPS) for the quarter. The utilities provider earned $140.94 million during the quarter. MGE Energy had a return on equity of 10.32% and a net margin of 15.27%. View MGE Energy's earnings history.

MGE Energy announced a quarterly dividend on Friday, January 17th. Stockholders of record on Sunday, March 1st will be given a dividend of $0.352 per share on Sunday, March 15th. This represents a $1.41 annualized dividend and a dividend yield of 2.27%. The ex-dividend date of this dividend is Thursday, February 27th. View MGE Energy's dividend history.

Media stories about MGEE stock have been trending somewhat negative this week, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. MGE Energy earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned news coverage about the utilities provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutMGE Energy.

MGE Energy saw a decline in short interest in March. As of March 13th, there was short interest totaling 506,000 shares, a decline of 21.7% from the February 27th total of 646,100 shares. Based on an average daily trading volume, of 97,200 shares, the days-to-cover ratio is currently 5.2 days. Approximately 1.5% of the company's shares are sold short. View MGE Energy's Current Options Chain.

Some companies that are related to MGE Energy include NextEra Energy (NEE), Duke Energy (DUK), Southern (SO), American Electric Power (AEP), Exelon (EXC), Xcel Energy (XEL), Eversource Energy (ES), FirstEnergy (FE), Edison International (EIX), Entergy (ETR), PPL (PPL), Pinnacle West Capital (PNW), OGE Energy (OGE), Hawaiian Electric Industries (HE) and IDACORP (IDA).

Based on aggregate information from My MarketBeat watchlists, some companies that other MGE Energy investors own include American Electric Power (AEP), IBM (IBM), AT&T (T), WEC Energy Group (WEC), Verizon Communications (VZ), Dominion Energy (D), KEMET (KEM), Medtronic (MDT), Metlife (MET) and Marathon Petroleum (MPC).

MGE Energy trades on the NASDAQ under the ticker symbol "MGEE."

MGE Energy's stock is owned by a number of retail and institutional investors. Top institutional shareholders include State Street Corp (2.61%), Victory Capital Management Inc. (2.26%), Victory Capital Management Inc. (2.24%), First Trust Advisors LP (1.86%), Geode Capital Management LLC (1.39%) and Renaissance Technologies LLC (1.29%). Company insiders that own MGE Energy stock include Cari Anne Renlund, James G Berbee, Jeffrey M Keebler and Marcia M Anderson. View institutional ownership trends for MGE Energy.

MGEE stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., SG Americas Securities LLC, Bank of New York Mellon Corp, Victory Capital Management Inc., Gabelli Funds LLC, Renaissance Technologies LLC, PNC Financial Services Group Inc., and Bank of Montreal Can. View insider buying and selling activity for MGE Energy.

MGEE stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, First Trust Advisors LP, Goldman Sachs Group Inc., Aviva PLC, Jane Street Group LLC, Geode Capital Management LLC, UBS Group AG, and Barclays PLC. Company insiders that have bought MGE Energy stock in the last two years include Cari Anne Renlund, James G Berbee, Jeffrey M Keebler, and Marcia M Anderson. View insider buying and selling activity for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of MGEE stock can currently be purchased for approximately $62.00.

MGE Energy has a market capitalization of $2.15 billion and generates $568.85 million in revenue each year.  View additional information about MGE Energy.

The official website for MGE Energy is http://www.mgeenergy.com/.

MGE Energy's mailing address is 133 SOUTH BLAIR STREET, MADISON WI, 53788. The utilities provider can be reached via phone at 608-252-7000 or via email at [email protected]