S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NASDAQ:MGEE

MGE Energy Stock Forecast, Price & News

$75.03
-2.26 (-2.92%)
(As of 11/26/2021 12:00 AM ET)
Add
Compare
Today's Range
$72.76
$77.08
50-Day Range
$73.50
$79.20
52-Week Range
$63.00
$82.95
Volume
60,530 shs
Average Volume
81,249 shs
Market Capitalization
$2.71 billion
P/E Ratio
24.93
Dividend Yield
2.01%
Beta
0.61
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 MGE Energy and its competitors with MarketBeat's FREE daily newsletter.


MGE Energy logo

About MGE Energy

MGE Energy, Inc. provides natural gas and electric services. The firm operates its business through 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 engages in generating, purchasing, and distributing electricity. The Regulated Gas Utility Operations segment engages in purchasing and distributing natural gas. The Non-Regulated Energy Operations segment engages in 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.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Electric, gas & sanitary services
Sub-Industry
Electric Utilities
Sector
Utilities
Current Symbol
NASDAQ:MGEE
CUSIP
55277P10
Employees
723
Year Founded
N/A

Sales & Book Value

Annual Sales
$538.63 million
Cash Flow
$4.47 per share
Book Value
$28.43 per share

Profitability

Net Income
$92.42 million
Pretax Margin
19.96%

Debt

Price-To-Earnings

Miscellaneous

Free Float
36,098,000
Market Cap
$2.71 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
8/31/2021
Dividend Payable
9/15/2021
Last Earnings
11/04/2021
Today
11/27/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/23/2022

MarketRank

Overall MarketRank

2.22 out of 5 stars

Utilities Sector

63rd out of 122 stocks

Electric, Gas & Sanitary Services Industry

3rd out of 4 stocks

Analyst Opinion: 0.5Community Rank: 4.1Dividend Strength: 3.3Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -












MGE Energy (NASDAQ:MGEE) Frequently Asked Questions

Is MGE Energy a buy right now?

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

How has MGE Energy's stock been impacted by COVID-19?

MGE Energy's stock was trading at $65.25 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MGEE shares have increased by 15.0% and is now trading at $75.03.
View which stocks have been most impacted by COVID-19
.

When is MGE Energy's next earnings date?

MGE Energy is scheduled to release its next quarterly earnings announcement on Wednesday, February 23rd 2022.
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, 4th. The utilities provider reported $0.97 earnings per share for the quarter, topping analysts' consensus estimates of $0.92 by $0.05. The utilities provider had revenue of $145.87 million for the quarter. MGE Energy had a trailing twelve-month return on equity of 10.82% and a net margin of 18.67%.
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 15th. Stockholders of record on Wednesday, December 1st will be given a dividend of $0.387 per share on Wednesday, December 15th. This represents a $1.55 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date is Tuesday, November 30th.
View MGE Energy's dividend history
.

Is MGE Energy a good dividend stock?

MGE Energy pays an annual dividend of $1.55 per share and currently has a dividend yield of 2.01%. MGE Energy has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of MGE Energy is 51.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MGE Energy will have a dividend payout ratio of 50.32% 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?

1 analysts have issued 12 month price targets for MGE Energy's stock. Their forecasts range from $69.00 to $69.00. On average, they expect MGE Energy's stock price to reach $69.00 in the next twelve months. This suggests that the stock has a possible downside of 8.0%.
View analysts' price targets for MGE Energy
or view top-rated stocks among Wall Street analysts.

Who are MGE Energy's key executives?

MGE Energy's management team includes the following people:
  • Jeffrey M. Keebler, Chairman, President & Chief Executive Officer
  • Jared J. Bushek, Treasurer, Chief Financial & Information Officer
  • Cari Anne Renlund, Secretary, Vice President & General Counsel
  • Donald D. Peterson, Vice President-Energy Technology
  • Lynn K. Hobbie, Executive VP-Marketing & Communications

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."

Who are MGE Energy's major shareholders?

MGE Energy's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.27%), Victory Capital Management Inc. (2.68%), Goldman Sachs Group Inc. (2.24%), Dimensional Fund Advisors LP (2.04%), Geode Capital Management LLC (1.70%) and Gabelli Funds LLC (1.11%). Company insiders that own MGE Energy stock include Cari Anne Renlund, James G Berbee, James G Berbee and James L Possin.
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 BlackRock Inc., Goldman Sachs Group Inc., Geode Capital Management LLC, Morgan Stanley, BNP Paribas Arbitrage SA, LPL Financial LLC, New York State Common Retirement Fund, and Dimensional Fund Advisors LP.
View insider buying and selling activity for MGE Energy
or view top insider-selling stocks.

Which institutional investors are buying MGE Energy stock?

MGEE stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Barclays PLC, Martingale Asset Management L P, SG Americas Securities LLC, Bank of New York Mellon Corp, Dynamic Technology Lab Private Ltd, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, and Quadrature Capital Ltd. Company insiders that have bought MGE Energy stock in the last two years include Cari Anne Renlund, James G Berbee, and James L Possin.
View insider buying and selling activity for MGE Energy
or or view top insider-buying 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.
Compare Top Brokerages Here.

What is MGE Energy's stock price today?

One share of MGEE stock can currently be purchased for approximately $75.03.

How much money does MGE Energy make?

MGE Energy has a market capitalization of $2.71 billion and generates $538.63 million in revenue each year. The utilities provider earns $92.42 million in net income (profit) each year or $3.01 on an earnings per share basis.

How many employees does MGE Energy have?

MGE Energy employs 723 workers across the globe.

What is MGE Energy's official website?

The official website for MGE Energy is www.mgeenergy.com.

Where are MGE Energy's headquarters?

MGE Energy is headquartered at 133 SOUTH BLAIR STREET, MADISON WI, 53701.

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, via email at [email protected], or via fax at 608-252-7098.


This page was last updated on 11/27/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.