NASDAQ:MGEE MGE Energy Stock Forecast, Price & News Adding Choose a watchlist: 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. $79.70 +1.87 (+2.40%) (As of 07/1/2022 08:44 PM ET) Add Compare Share Today's Range$77.74▼$79.9850-Day Range$74.29▼$82.1652-Week Range$69.23▼$84.96Volume81,900 shsAverage Volume114,743 shsMarket Capitalization$2.88 billionP/E Ratio27.39Dividend Yield1.94%Price Target$72.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability MGE Energy MarketRank™ ForecastAnalyst RatingReduce1.00 Rating ScoreUpside/Downside9.0% Downside$72.50 Price TargetShort InterestHealthy1.29% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.39Upright™ Environmental ScoreNews Sentiment1.32Based on 2 Articles This WeekInsider TradingAcquiring Shares$4.51 K Bought Last QuarterProj. Earnings Growth6.41%From $3.12 to $3.32 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.1.99 out of 5 starsUtilities Sector39th out of 120 stocksElectric, Gas & Sanitary Services Industry2nd out of 4 stocks 0.5 Analyst's Opinion Consensus RatingMGE Energy has received a consensus rating of Reduce. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $72.50, MGE Energy has a forecasted downside of 9.0% from its current price of $79.70.Amount of Analyst CoverageMGE Energy has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.29% of the float of MGE Energy has been sold short.Short Interest Ratio / Days to CoverMGE Energy has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MGE Energy has recently decreased by 6.57%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldMGE Energy pays a meaningful dividend of 1.94%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMGE Energy has been increasing its dividend for 47 years.Dividend CoverageThe dividend payout ratio of MGE Energy is 53.26%. 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 46.69% next year. This indicates that MGE Energy will be able to sustain or increase its dividend. Previous Next 1.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMGE Energy has received a 1.02% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Natural gas distribution services", "Electricity distribution services of electricity produced with fossil fuels", and "Electricity distribution services of electricity produced with renewable energy sources" products. See details.Environmental SustainabilityThe Environmental Impact score for MGE Energy is -3.39. Previous Next 3.5 News and Social Media Coverage News SentimentMGE Energy has a news sentiment score of 1.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 2 news articles for MGE Energy this week, compared to 1 article on an average week.Search Interest1 people have searched for MGEE on MarketBeat in the last 30 days. MarketBeat FollowsOnly 2 people have added MGE Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 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 $4,509.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.15% of the stock of MGE Energy is held by insiders.Percentage Held by Institutions50.39% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for MGE Energy are expected to grow by 6.41% in the coming year, from $3.12 to $3.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MGE Energy is 27.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 71.60.Price to Earnings Ratio vs. SectorThe P/E ratio of MGE Energy is 27.39, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 104.80.Price to Earnings Growth RatioMGE Energy has a PEG Ratio of 4.22. 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 2.81. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MGEE Stock 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. Email Address About MGE Energy (NASDAQ:MGEE) StockMGE 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.Read More MGEE Stock News HeadlinesJune 28, 2022 | finance.yahoo.comBe Wary Of MGE Energy (NASDAQ:MGEE) And Its Returns On CapitalJune 23, 2022 | americanbankingnews.comMGE Energy (NASDAQ:MGEE) Shares Gap Down to $74.29June 16, 2022 | finance.yahoo.comMGE Energy Issues June 2022 'Interim Report'May 30, 2022 | finance.yahoo.comMGE Energy, Inc.'s (NASDAQ:MGEE) Stock Is Going Strong: Have Financials A Role To Play?May 27, 2022 | nasdaq.comEx-Dividend Reminder: MGE Energy, McKesson and BrukerMay 25, 2022 | finance.yahoo.comWhat Makes MGE (MGEE) a Strong Momentum Stock: Buy Now?May 25, 2022 | benzinga.comMGE Energy (NASDAQ:MGEE), Analyst Ratings, Price Targets, PredictionsMay 23, 2022 | markets.businessinsider.com4 Analysts Have This to Say About MGE EnergyMay 19, 2022 | finance.yahoo.comMGEE or HE: Which Is a Better Utility Power Stock to Pick?May 18, 2022 | finance.yahoo.comMGE Energy Issues May 2022 'Inside View'May 16, 2022 | finance.yahoo.comMGE Energy to Present at the 2022 AGA Financial ForumMay 5, 2022 | finance.yahoo.comMGE (MGEE) Misses Q1 Earnings EstimatesMay 5, 2022 | finance.yahoo.comMGE Energy Reports First-Quarter 2022 EarningsMay 4, 2022 | finance.yahoo.comNational Fuel Gas (NFG) to Report Q2 Earnings: What's in Store?May 3, 2022 | finance.yahoo.comMGE Energy's (NASDAQ:MGEE) five-year total shareholder returns outpace the underlying earnings growthApril 29, 2022 | finance.yahoo.comDominion Energy (D) to Report Q1 Earnings: What to ExpectApril 28, 2022 | finance.yahoo.comMGE (MGEE) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 ReleaseApril 22, 2022 | finance.yahoo.comSouthern Company (SO) Hikes Dividend for 21st Straight YearApril 12, 2022 | finance.yahoo.comMultiple insiders bought MGE Energy, Inc. (NASDAQ:MGEE) stock earlier this year, a positive sign for shareholdersMarch 17, 2022 | morningstar.comMGE Energy Inc MGEEMarch 17, 2022 | apnews.comMGE Energy Issues March 2022 ‘Interim Report’March 17, 2022 | finance.yahoo.comIf You Like EPS Growth Then Check Out MGE Energy (NASDAQ:MGEE) Before It's Too LateMarch 15, 2022 | nz.finance.yahoo.comMGE Energy Issues March 2022 'Interim Report'March 14, 2022 | seekingalpha.comMGE Energy: Solid With Enduring Dividend GrowthMarch 3, 2022 | finance.yahoo.comMGE Energy to Present at B of A 2022 Power, Utilities and Clean Energy Leaders ConferenceSee More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Electric, gas & sanitary services Sub-IndustryElectric Utilities SectorUtilities Current SymbolNASDAQ:MGEE CUSIP55277P10 CIK1161728 Webwww.mgeenergy.com Phone(608) 252-7000Fax608-252-7098Employees723Year FoundedN/ACompany Calendar Last Earnings5/05/2022Ex-Dividend for 6/15 Dividend5/31/2022Dividend Payable6/15/2022Today7/03/2022Next Earnings (Estimated)8/04/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$72.50 High Stock Price Forecast$74.00 Low Stock Price Forecast$71.00 Forecasted Upside/Downside-9.0%Consensus RatingReduce Rating Score (0-4)1 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.909990 Trailing P/E Ratio27.39 Forward P/E Ratio25.54 P/E Growth4.22Net Income$105.76 million Net Margins16.25% Pretax Margin18.03% Return on Equity10.24% Return on Assets4.47% Debt Debt-to-Equity Ratio0.60 Current Ratio1.98 Quick Ratio1.55 Sales & Book Value Annual Sales$606.58 million Price / Sales4.75 Cash Flow$5.05 per share Price / Cash Flow15.77 Book Value$28.41 per share Price / Book2.81Miscellaneous Outstanding Shares36,163,000Free Float36,109,000Market Cap$2.88 billion OptionableOptionable Beta0.64 MGE Energy Frequently Asked Questions Should I buy or sell MGE Energy stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MGE Energy in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" MGE Energy stock. View analyst ratings for MGE Energy or view top-rated stocks. What is MGE Energy's stock price forecast for 2022? 1 brokers have issued 12 month target prices for MGE Energy's stock. Their MGEE stock forecasts range from $71.00 to $74.00. On average, they predict MGE Energy's share price to reach $72.50 in the next year. This suggests that the stock has a possible downside of 9.0%. View analysts' price targets for MGE Energy or view top-rated stocks among Wall Street analysts. How has MGE Energy's stock price performed in 2022? MGE Energy's stock was trading at $82.25 at the start of the year. Since then, MGEE shares have decreased by 3.1% and is now trading at $79.70. View the best growth stocks for 2022 here. 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) released its quarterly earnings results on Thursday, May, 5th. The utilities provider reported $0.95 earnings per share for the quarter, missing analysts' consensus estimates of $0.97 by $0.02. The utilities provider earned $208.94 million during the quarter, compared to analysts' expectations of $182 million. MGE Energy had a trailing twelve-month return on equity of 10.24% and a net margin of 16.25%. 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 Tuesday, May 17th. Investors of record on Wednesday, June 1st will be paid a dividend of $0.387 per share on Wednesday, June 15th. This represents a $1.55 annualized dividend and a dividend yield of 1.94%. The ex-dividend date is Tuesday, May 31st. View MGE Energy's dividend history. Is MGE Energy a good dividend stock? MGE Energy(NASDAQ:MGEE) pays an annual dividend of $1.55 per share and currently has a dividend yield of 1.94%. 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. 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 ManagementMr. 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), Entergy (ETR), FirstEnergy (FE), 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." 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 $79.70. How much money does MGE Energy make? MGE Energy (NASDAQ:MGEE) has a market capitalization of $2.88 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. How can I contact MGE Energy? MGE Energy's mailing address is 133 SOUTH BLAIR STREET, MADISON WI, 53701. The official website for MGE Energy 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. 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