MGE Energy (MGEE) Stock Forecast, Price & News

MGE Energy (NASDAQ:MGEE) Frequently Asked Questions

Is MGE Energy a buy right now?

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

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) announced its earnings results on Thursday, May, 5th. The utilities provider reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.02. MGE Energy had a net margin of 16.25% and a trailing twelve-month return on equity of 10.24%.
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 Tuesday, May 17th. Stockholders of record on Wednesday, June 1st will be given a dividend of $0.387 per share on Wednesday, June 15th. This represents a $1.55 annualized dividend and a yield of 1.94%. The ex-dividend date of this dividend is Tuesday, May 31st.
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 1.91%. 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.

What price target have analysts set for MGEE?

1 brokers have issued 12-month price targets for MGE Energy's stock. Their forecasts range from $71.00 to $74.00. On average, they expect MGE Energy's stock price to reach $72.50 in the next twelve months. This suggests that the stock has a possible downside of 9.3%.
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:

• 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.

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), Eversource Energy (ES), Edison International (EIX), FirstEnergy (FE), Entergy (ETR), PPL (PPL), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE), Portland General Electric (POR), PNM Resources (PNM) and ALLETE (ALE).
View all of MGEE's 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 (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 shareholders include Vanguard Group Inc. (10.82%), BlackRock Inc. (7.27%), Victory Capital Management Inc. (3.24%), State Street Corp (2.72%), Goldman Sachs Group Inc. (2.22%) and First Trust Advisors LP (2.21%). Company insiders that own MGE Energy stock include Cari Anne Renlund, James G Berbee, James G Berbee, James Jerome Lorenz 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., SG Americas Securities LLC, JPMorgan Chase & Co., Royal London Asset Management Ltd., BNP Paribas Arbitrage SA, Goldman Sachs Group Inc., Northern Trust Corp, and First Trust 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 purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., State Street Corp, Vanguard Group Inc., Dimensional Fund Advisors LP, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Charles Schwab Investment Management Inc., Bank of Montreal Can, and NorthRock Partners LLC. Company insiders that have bought MGE Energy stock in the last two years include Cari Anne Renlund, James G Berbee, James Jerome Lorenz, 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.
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What is MGE Energy's stock price today?

One share of MGEE stock can currently be purchased for approximately $79.97.

How much money does MGE Energy make?

MGE Energy has a market capitalization of $2.89 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.

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