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GOOGL   97.50 (-0.68%)
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NVDA   124.13 (+1.51%)
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NVDA   124.13 (+1.51%)
NIO   17.19 (-2.44%)
BABA   77.87 (-1.32%)
AMD   67.17 (+1.31%)
T   15.73 (+0.38%)
MU   50.58 (+3.48%)
CGC   2.86 (+4.38%)
F   11.91 (-0.67%)
GE   64.47 (+0.19%)
DIS   95.85 (-2.31%)
AMC   7.45 (+9.08%)
PYPL   85.75 (+1.77%)
PFE   44.09 (+0.59%)
NFLX   224.36 (+0.13%)
NASDAQ:MGEE

MGE Energy - MGEE Stock Forecast, Price & News

$70.85
-1.87 (-2.57%)
(As of 09/27/2022 04:30 PM ET)
Add
Compare
Today's Range
$70.83
$72.93
50-Day Range
$72.72
$85.90
52-Week Range
$69.23
$86.27
Volume
83,831 shs
Average Volume
105,552 shs
Market Capitalization
$2.56 billion
P/E Ratio
24.60
Dividend Yield
2.24%
Price Target
$73.00

MGE Energy MarketRank™ Forecast

Analyst Rating
Reduce
1.00 Rating Score
Upside/​Downside
2.9% Upside
$73.00 Price Target
Short Interest
Healthy
1.02% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.39
Upright™ Environmental Score
News Sentiment
0.58mentions of MGE Energy in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.01%
From $2.99 to $3.11 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.94 out of 5 stars

Utilities Sector

67th out of 86 stocks

Electric, Gas & Sanitary Services Industry

3rd out of 4 stocks

MGEE stock logo

About MGE Energy (NASDAQ:MGEE) Stock

MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through 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-fired, gas-fired, and renewable energy sources, as well as purchases power under short and long-term commitments. As of December 31, 2021, the company generated and distributed electricity to 159,000 customers in Dane County, Wisconsin; and purchased and distributed natural gas to 169,000 customers in seven Wisconsin counties. MGE Energy, Inc.is headquartered in Madison, Wisconsin.

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MGEE Stock News Headlines

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MGE Energy Issues September 2022 'Interim Report'
MGE Energy, Inc.
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MGE Energy Reports Second-Quarter 2022 Earnings
MGE Energy: Moving With The Times
MGE Energy Issues June 2022 'Interim Report'
4 Analysts Have This to Say About MGE Energy
MGE Energy Issues May 2022 'Inside View'
MGE (MGEE) Misses Q1 Earnings Estimates
See More Headlines
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MGEE Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 9/15 Dividend
8/31/2022
Dividend Payable
9/15/2022
Today
9/27/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

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

Price Target and Rating

Average Stock Price Forecast
$73.00
High Stock Price Forecast
$75.00
Low Stock Price Forecast
$71.00
Forecasted Upside/Downside
+3.0%
Consensus Rating
Reduce
Rating Score (0-4)
1.00
Research Coverage
1 Analysts

Profitability

Net Income
$105.76 million
Pretax Margin
17.89%

Debt

Sales & Book Value

Annual Sales
$606.58 million
Cash Flow
$4.86 per share
Book Value
$28.41 per share

Miscellaneous

Free Float
36,109,000
Market Cap
$2.56 billion
Optionable
Optionable
Beta
0.64

Key Executives

  • Mr. Jeffrey M. Keebler (Age 50)
    Pres, CEO & Chairman
    Comp: $1.11M
  • Mr. Jared Joseph Bushek (Age 41)
    CFO, VP of Fin., Chief Information Officer & Treasurer
    Comp: $453.67k
  • Ms. Tamara Jean Johnson (Age 57)
    Chief Accounting Officer, VP of Accounting & Controller
    Comp: $401.83k
  • Ms. Cari Anne Renlund (Age 48)
    VP, Gen. Counsel & Sec.
    Comp: $553.57k
  • Ms. Lynn K. Hobbie (Age 63)
    Exec. VP of Marketing & Communications
    Comp: $531.6k
  • Mr. Ken Frassetto
    Director - Shareholder Services and Treasury Management
  • Mr. Marshall S. Heyworth (Age 65)
    Assistant VP of HR













MGEE Stock - Frequently Asked Questions

Should I buy or sell MGE Energy stock 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" MGEE shares.
View MGEE analyst ratings
or view top-rated stocks.

What is MGE Energy's stock price forecast for 2022?

1 analysts have issued 12-month target prices for MGE Energy's shares. Their MGEE share price forecasts range from $71.00 to $75.00. On average, they expect the company's share price to reach $73.00 in the next twelve months. This suggests a possible upside of 0.4% from the stock's current price.
View analysts price targets for MGEE
or view top-rated stocks among Wall Street analysts.

How have MGEE shares performed in 2022?

MGE Energy's stock was trading at $82.25 at the beginning of the year. Since then, MGEE stock has decreased by 11.6% and is now trading at $72.72.
View the best growth stocks for 2022 here
.

When is MGE Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our MGEE earnings forecast
.

How were MGE Energy's earnings last quarter?

MGE Energy, Inc. (NASDAQ:MGEE) released its quarterly earnings data on Thursday, November, 4th. The utilities provider reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.05. The utilities provider earned $145.87 million during the quarter. MGE Energy had a net margin of 15.56% and a trailing twelve-month return on equity of 10.02%.

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

MGE Energy announced a quarterly dividend on Monday, August 22nd. Investors of record on Thursday, September 1st will be given a dividend of $0.4075 per share on Thursday, September 15th. This represents a $1.63 annualized dividend and a dividend yield of 2.24%. The ex-dividend date of this dividend is Wednesday, August 31st. This is an increase from the stock's previous quarterly dividend of $0.39.
Read our dividend analysis for MGEE
.

Is MGE Energy a good dividend stock?

MGE Energy (NASDAQ:MGEE) pays an annual dividend of $1.63 per share and currently has a dividend yield of 2.21%. The company has been increasing its dividend for 46 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 56.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MGEE will have a dividend payout ratio of 52.41% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MGEE.

What is Gary J. Wolter's approval rating as MGE Energy's CEO?

14 employees have rated MGE Energy Chief Executive Officer Gary J. Wolter on Glassdoor.com. Gary J. Wolter has an approval rating of 93% among the company'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 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 many different retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (0.00%), Victory Capital Management Inc. (3.49%), State Street Corp (2.75%), Goldman Sachs Group Inc. (1.92%), Northern Trust Corp (1.19%) and Royal London Asset Management Ltd. (0.63%). Insiders that own company stock include Cari Anne Renlund, James G Berbee, James G Berbee, James Jerome Lorenz and James L Possin.
View institutional ownership trends
.

How do I buy shares of MGE Energy?

Shares of MGEE stock 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 $72.72.

How much money does MGE Energy make?

MGE Energy (NASDAQ:MGEE) has a market capitalization of $2.63 billion and generates $606.58 million in revenue each year. The utilities provider earns $105.76 million in net income (profit) each year or $2.88 on an earnings per share basis.

How many employees does MGE Energy have?

The company employs 723 workers across the globe.

How can I contact MGE Energy?

MGE Energy's mailing address is 133 SOUTH BLAIR STREET, MADISON WI, 53701. The official website for the company is www.mgeenergy.com. The utilities provider can be reached via phone at (608) 252-7000, via email at investor@mgeenergy.com, or via fax at 608-252-7098.

This page (NASDAQ:MGEE) was last updated on 9/27/2022 by MarketBeat.com Staff

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