NASDAQ:MGEE MGE Energy Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding MGE Energy, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $61.80 -0.10 (-0.16 %) (As of 09/25/2020 11:47 AM ET) Add Compare Share Today's Range$61.62Now: $61.80▼$62.1250-Day Range$60.48MA: $64.80▼$67.9652-Week Range$47.19Now: $61.80▼$83.26Volume466 shsAverage Volume125,236 shsMarket Capitalization$2.23 billionP/E Ratio23.41Dividend Yield2.45%Beta0.41 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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 22, 2019, the company distributed electricity to 153,000 customers in Dane County, Wisconsin, including the City of Madison; and purchased and distributed natural gas to 161,000 customers in seven south-central and western Wisconsin counties. MGE Energy, Inc. was founded in 1855 and is based in Madison, Wisconsin.Read More Beat the Market (BTM) Rank™ 0.8 Analyst's Opinion Consensus RatingMGE Energy has received a consensus rating of Hold. The company's average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $60.50, MGE Energy has a forecasted downside of 2.3% from its current price of $61.90.Amount of Analyst CoverageMGE Energy has only been the subject of 1 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesMGE Energy has received 202 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMGE Energy has received 224 “underperform” votes. (Add your “underperform” vote.)Community SentimentMGE Energy has received 52.58% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about MGE Energy and other stocks. Vote “Outperform” if you believe MGEE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MGEE will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend YieldMGE Energy pays a meaningful dividend of 2.45%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMGE Energy has been increasing its dividend for 6 years.Dividend CoverageThe dividend payout ratio of MGE Energy is 58.96%. 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 52.30% next year. This indicates that MGE Energy will be able to sustain or increase its dividend. Previous Next 4.0 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 $42,501.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.18% of the stock of MGE Energy is held by insiders.Percentage Held by Institutions46.65% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for MGE Energy are expected to grow by 8.02% in the coming year, from $2.62 to $2.83 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MGE Energy is 23.45, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.23.Price to Earnings Ratio vs. SectorThe P/E ratio of MGE Energy is 23.45, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 19.82.Price to Earnings Growth RatioMGE Energy has a PEG Ratio of 5.58. 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 2.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.8Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.22 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Electric, gas & sanitary services Sub-IndustryElectric Utilities SectorUtilities Current SymbolNASDAQ:MGEE Previous Symbol CUSIP55277P10 CIK1161728 Webwww.mgeenergy.com Phone608-252-7000Debt Debt-to-Equity Ratio0.56 Current Ratio1.99 Quick Ratio1.57Price-To-Earnings Trailing P/E Ratio23.41 Forward P/E Ratio23.59 P/E Growth5.58 Sales & Book Value Annual Sales$568.85 million Price / Sales3.93 Cash Flow$4.41 per share Price / Cash Flow14.01 Book Value$24.68 per share Price / Book2.50Profitability EPS (Most Recent Fiscal Year)$2.51 Net Income$86.87 million Net Margins16.88% Return on Equity10.44% Return on Assets4.40%Miscellaneous EmployeesN/A Outstanding Shares36,163,000Market Cap$2.23 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $61.80 -0.10 (-0.16 %) (As of 09/25/2020 11:47 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive MGEE News and Ratings via Email Sign-up to receive the latest news and ratings for MGEE and its competitors with MarketBeat's FREE daily newsletter. MGE Energy (NASDAQ:MGEE) Frequently Asked Questions How has MGE Energy's stock 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. Since then, MGEE shares have decreased by 5.3% and is now trading at $61.80. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of MGE Energy? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MGE Energy in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for MGE Energy. When is MGE Energy's next earnings date? MGE Energy is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for MGE Energy. How were MGE Energy's earnings last quarter? MGE Energy, Inc. (NASDAQ:MGEE) issued its quarterly earnings data on Thursday, August, 6th. The utilities provider reported $0.53 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.48 by $0.05. The utilities provider earned $117.04 million during the quarter. MGE Energy had a return on equity of 10.44% and a net margin of 16.88%. 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 Monday, July 20th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.37 per share on Tuesday, September 15th. This represents a $1.48 annualized dividend and a yield of 2.39%. The ex-dividend date of this dividend is Monday, August 31st. This is an increase from MGE Energy's previous quarterly dividend of $0.35. 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 $64.00. On average, they anticipate MGE Energy's share price to reach $60.50 in the next year. This suggests that the stock has a possible downside of 2.1%. View analysts' price targets for MGE Energy. Who are some of MGE Energy's key competitors? Some companies that are related to MGE Energy include NextEra Energy (NEE), Duke Energy (DUK), Southern (SO), American Electric Power (AEP), Xcel Energy (XEL), Exelon (EXC), Eversource Energy (ES), PPL (PPL), Edison International (EIX), Entergy (ETR), FirstEnergy (FE), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA) and Hawaiian Electric Industries (HE). View all 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 American Electric Power (AEP), IBM (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 47)Mr. Jeffrey C. Newman, Exec. VP, CFO Sec. & Treasurer (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 shareholders include Vanguard Group Inc. (10.14%), First Trust Advisors LP (2.16%), Silvercrest Asset Management Group LLC (1.65%), Victory Capital Management Inc. (1.63%), Goldman Sachs Group Inc. (1.09%) and Charles Schwab Investment Management Inc. (0.80%). 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 Victory Capital Management Inc., Vanguard Group Inc., AQR Capital Management LLC, Nuveen Asset Management LLC, SG Americas Securities LLC, North Star Investment Management Corp., Independent Advisor Alliance, and Bank of America Corp DE. View insider buying and selling activity for MGE Energy. Which institutional investors are buying MGE Energy stock? MGEE stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Goldman Sachs Group Inc., Royal London Asset Management Ltd., Silvercrest Asset Management Group LLC, Swiss National Bank, Marshall Wace LLP, TD Asset Management Inc., and Bank of New York Mellon Corp. Company insiders that have bought MGE Energy stock in the last two years include Cari Anne Renlund, James G Berbee, James L Possin, Jeffrey M Keebler, and Marcia M Anderson. View insider buying and selling activity for MGE Energy. 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 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 $61.80. How big of a company is MGE Energy? MGE Energy has a market capitalization of $2.23 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 9/25/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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