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

$62.00
-1.79 (-2.81 %)
(As of 03/30/2020 06:51 AM ET)
Today's Range
$60.63
Now: $62.00
$65.44
50-Day Range
$54.09
MA: $72.96
$82.22
52-Week Range
$47.19
Now: $62.00
$83.26
Volume154,908 shs
Average Volume245,337 shs
Market Capitalization$2.15 billion
P/E Ratio24.80
Dividend Yield2.27%
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 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.
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MGE Energy logo

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$568.85 million
Cash Flow$4.57 per share
Book Value$24.68 per share

Profitability

Net Income$86.87 million

Miscellaneous

EmployeesN/A
Market Cap$2.15 billion
Next Earnings Date5/13/2020 (Estimated)
OptionableOptionable

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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 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.

When is MGE Energy's next earnings date?

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

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

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.

Has MGE Energy been receiving favorable news coverage?

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.

Are investors shorting MGE 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.

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 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).

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 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.

Which major 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., 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.

Which major investors are buying MGE Energy stock?

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.

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 $62.00.

How big of a company is MGE Energy?

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.

What is MGE Energy's official website?

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

How can I contact MGE Energy?

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]


MarketBeat Community Rating for MGE Energy (NASDAQ MGEE)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  199 (Vote Outperform)
Underperform Votes:  210 (Vote Underperform)
Total Votes:  409
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.
This page was last updated on 3/30/2020 by MarketBeat.com Staff

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