NASDAQ:MGEE MGE Energy - MGEE 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. $73.24 -0.38 (-0.52%) (As of 02/7/2023 12:00 AM ET) Add Compare Share Share Today's Range$72.10▼$73.4850-Day Range$69.27▼$74.7752-Week Range$61.67▼$86.27Volume77,777 shsAverage Volume68,559 shsMarket Capitalization$2.65 billionP/E Ratio25.79Dividend Yield2.21%Price Target$68.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability MGE Energy MarketRank™ ForecastAnalyst RatingReduce1.00 Rating ScoreUpside/Downside7.2% Downside$68.00 Price TargetShort InterestHealthy0.45% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.39Upright™ Environmental ScoreNews Sentiment1.49Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth11.46%From $3.14 to $3.50 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.16 out of 5 starsUtilities Sector53rd out of 84 stocksElectric, Gas & Sanitary Services Industry2nd out of 3 stocks 0.5 Analyst's Opinion Consensus RatingMGE Energy has received a consensus rating of Sell. 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 $68.00, MGE Energy has a forecasted downside of 7.2% from its current price of $73.24.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 Shorted0.45% 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 2.1, 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 7.66%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldMGE Energy pays a meaningful dividend of 2.21%, 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 57.39%. 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 46.57% next year. This indicates that MGE Energy will be able to sustain or increase its dividend. Previous Next 2.0 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 3.1 News and Social Media Coverage News SentimentMGE Energy has a news sentiment score of 1.49. 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 0.54 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 3 news articles for MGE Energy this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for MGEE on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MGE Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.15% of the stock of MGE Energy is held by insiders.Percentage Held by Institutions50.74% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for MGE Energy are expected to grow by 11.46% in the coming year, from $3.14 to $3.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MGE Energy is 25.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.46.Price to Earnings Ratio vs. SectorThe P/E ratio of MGE Energy is 25.79, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 99.22.Price to Earnings Growth RatioMGE Energy has a PEG Ratio of 4.98. 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 2.58. 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 About MGE Energy (NASDAQ:MGEE) StockMGE 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.Read More 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 MGEE Stock News HeadlinesFebruary 1, 2023 | americanbankingnews.comMGE Energy (NASDAQ:MGEE) PT Raised to $68.00 at Morgan StanleyJanuary 30, 2023 | markets.businessinsider.comMorgan Stanley Reaffirms Their Sell Rating on MGE Energy (MGEE)February 7, 2023 | Wall Street Watch Dogs (Ad)The #1 Energy Stock to BuyThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…January 30, 2023 | markets.businessinsider.comWhat 4 Analyst Ratings Have To Say About MGE EnergyJanuary 20, 2023 | msn.comMGE Energy declares $0.4075 dividendJanuary 4, 2023 | finance.yahoo.comWith 51% ownership of the shares, MGE Energy, Inc. (NASDAQ:MGEE) is heavily dominated by institutional ownersDecember 15, 2022 | finance.yahoo.comMGE Energy Issues December 2022 'Interim Report'December 5, 2022 | finance.yahoo.comMGE Energy (NASDAQ:MGEE) Hasn't Managed To Accelerate Its ReturnsFebruary 7, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...November 25, 2022 | msn.comMGE Energy Earnings Perspective: Return On Capital EmployedNovember 18, 2022 | seekingalpha.comMGE Energy: Betting Strongly On RenewablesNovember 16, 2022 | finance.yahoo.comAEP vs. MGEE: Which Stock Is the Better Value Option?November 12, 2022 | markets.businessinsider.comExpert Ratings for MGE EnergyNovember 9, 2022 | finance.yahoo.comMGE Energy Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS LagsNovember 6, 2022 | finance.yahoo.comMGE Energy, Inc. (NASDAQ:MGEE) Stock's On A Decline: Are Poor Fundamentals The Cause?November 3, 2022 | finance.yahoo.comMGE Energy Reports Third-Quarter 2022 EarningsOctober 31, 2022 | finance.yahoo.comAEP or MGEE: Which Is the Better Value Stock Right Now?October 19, 2022 | finance.yahoo.comMGE Energy Issues October 2022 'Inside View'October 17, 2022 | finance.yahoo.comMGE Energy (NASDAQ:MGEE) investors are sitting on a loss of 11% if they invested three years agoOctober 3, 2022 | finance.yahoo.comIs MGE Energy, Inc. (NASDAQ:MGEE) Worth US$65.6 Based On Its Intrinsic Value?September 19, 2022 | finance.yahoo.comA number of insiders bought MGE Energy, Inc. (NASDAQ:MGEE) stock last year, which is great news for shareholdersSeptember 15, 2022 | finance.yahoo.comMGE Energy Issues September 2022 'Interim Report'September 14, 2022 | money.usnews.comMGE Energy, Inc.August 30, 2022 | nasdaq.comEx-Dividend Reminder: MGE Energy, Universal Health Services and McKessonAugust 30, 2022 | nasdaq.comMGE Energy (NASDAQ:MGEE) Has A Somewhat Strained Balance SheetAugust 26, 2022 | msn.comMGE Energy: Dividend InsightsAugust 24, 2022 | msn.comMGE Energy's Return On Capital Employed OverviewSee More Headlines 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 MGEE Company Calendar Last Earnings11/04/2021Ex-Dividend for 12/15 Dividend11/30/2022Dividend Payable12/15/2022Today2/07/2023Next Earnings (Estimated)2/22/2023Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, 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/APrice Target and Rating Average Stock Price Forecast$68.00 High Stock Price Forecast$68.00 Low Stock Price Forecast$68.00 Forecasted Upside/Downside-7.2%Consensus RatingReduce Rating Score (0-4)1.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.84 Trailing P/E Ratio25.79 Forward P/E Ratio23.32 P/E Growth4.98Net Income$105.76 million Net Margins14.99% Pretax Margin18.05% Return on Equity9.79% Return on Assets4.27% Debt Debt-to-Equity Ratio0.54 Current Ratio1.03 Quick Ratio0.64 Sales & Book Value Annual Sales$606.58 million Price / Sales4.37 Cash Flow$5.03 per share Price / Cash Flow14.56 Book Value$28.41 per share Price / Book2.58Miscellaneous Outstanding Shares36,160,000Free Float36,109,000Market Cap$2.65 billion OptionableOptionable Beta0.71 Key ExecutivesJeffrey M. KeeblerChairman, President & Chief Executive OfficerJames LorenzVice President-Energy OperationsJared J. BushekChief Information Officer, VP-Finance & TreasurerDonald D. PetersonVice President-TechnologyCari Anne RenlundSecretary, Vice President & General CounselKey CompetitorsOtter TailNASDAQ:OTTRTelecom ArgentinaNYSE:TEOTransAltaNYSE:TACPrimo WaterNASDAQ:PRMWSJW GroupNYSE:SJWView All CompetitorsInsiders & InstitutionsGoldstein Advisors LLCBought 20,206 shares on 2/3/2023Ownership: 0.056%Ignite Planners LLCBought 500 shares on 2/3/2023Ownership: 0.024%SG Americas Securities LLCSold 19,891 shares on 2/2/2023Ownership: 0.024%ProShare Advisors LLCBought 670 shares on 2/2/2023Ownership: 0.013%Nisa Investment Advisors LLCBought 200 shares on 2/2/2023Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions MGEE Stock - Frequently Asked Questions Should I buy or sell MGE Energy stock right now? 1 Wall Street 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 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 2023? 1 analysts have issued 1 year target prices for MGE Energy's shares. Their MGEE share price forecasts range from $68.00 to $68.00. On average, they expect the company's stock price to reach $68.00 in the next twelve months. This suggests that the stock has a possible downside of 6.8%. View analysts price targets for MGEE or view top-rated stocks among Wall Street analysts. How have MGEE shares performed in 2023? MGE Energy's stock was trading at $70.40 at the beginning of 2023. Since then, MGEE stock has increased by 3.7% and is now trading at $73.00. View the best growth stocks for 2023 here. When is MGE Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023. View our MGEE earnings forecast. How were MGE Energy's earnings last quarter? MGE Energy, Inc. (NASDAQ:MGEE) issued its earnings results on Thursday, November, 4th. The utilities provider reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.05. The utilities provider earned $145.87 million during the quarter. MGE Energy had a trailing twelve-month return on equity of 9.79% and a net margin of 14.99%. How often does MGE Energy pay dividends? What is the dividend yield for MGE Energy? MGE Energy announced a quarterly dividend on Friday, January 20th. Stockholders of record on Wednesday, March 1st will be given a dividend of $0.407 per share on Wednesday, March 15th. This represents a $1.63 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date of this dividend is Tuesday, February 28th. 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 47 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 57.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MGEE will have a dividend payout ratio of 46.57% 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 a variety of institutional and retail investors. Top institutional investors include State of New Jersey Common Pension Fund D (0.13%), New York State Common Retirement Fund (0.07%), CWM LLC (0.06%), Goldstein Advisors LLC (0.06%), TD Asset Management Inc (0.05%) and Allspring Global Investments Holdings LLC (0.04%). 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 $73.00. How much money does MGE Energy make? MGE Energy (NASDAQ:MGEE) has a market capitalization of $2.64 billion and generates $606.58 million in revenue each year. The utilities provider earns $105.76 million in net income (profit) each year or $2.84 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 2/7/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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