NASDAQ:MGEEMGE Energy Stock Price, Forecast & News Adding Choose a 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. Log In and Add $67.54 +0.75 (+1.12 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$66.46Now: $67.54▼$68.8650-Day Range$58.81MA: $65.65▼$72.3152-Week Range$47.19Now: $67.54▼$83.26Volume1.30 million shsAverage Volume149,952 shsMarket Capitalization$2.34 billionP/E Ratio26.38Dividend Yield2.09%Beta0.44 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 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 $57.00, MGE Energy has a potential downside of 15.6% from its current price of $67.54.Amount of Analyst CoverageMGE Energy has only been the subject of 1 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesMGE Energy has received 199 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMGE Energy has received 212 “underperform” votes. (Add your “underperform” vote.)Community SentimentMGE Energy has received 51.58% “underperform” votes from our community.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. Previous Next 5.0 Dividend Strength Dividend LeadershipMGE Energy is a leading dividend payer. It pays a dividend yield of 2.09%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMGE Energy has been increasing its dividend for 44 years.Dividend CoverageThe dividend payout ratio of MGE Energy is 56.18 %. 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 52.61 % next year. This indicates that MGE Energy will be able to sustain or increase its dividend. Previous Next 1.0 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 0.18% of the stock of MGE Energy is held by insiders.Percentage Held by Institutions44.22% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for MGE Energy are expected to grow by 7.63% in the coming year, from $2.49 to $2.68 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MGE Energy is 26.38, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.33.Price to Earnings Ratio vs. SectorThe P/E ratio of MGE Energy is 26.38, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 28.38.Price to Earnings Growth RatioMGE Energy has a PEG Ratio of 6.42. 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 2.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.5Community Rank: 2.4Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.03 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Electric, gas & sanitary services Sub-IndustryElectric Utilities SectorUtilities Current SymbolNASDAQ:MGEE Previous Symbol CUSIP55277P10 CIK1161728 Webwww.mgeenergy.com Phone608-252-7000Debt Debt-to-Equity Ratio0.62 Current Ratio1.46 Quick Ratio1.09Price-To-Earnings Trailing P/E Ratio26.38 Forward P/E Ratio27.12 P/E Growth6.42 Sales & Book Value Annual Sales$568.85 million Price / Sales4.12 Cash Flow$4.62 per share Price / Cash Flow14.61 Book Value$25.08 per share Price / Book2.69Profitability EPS (Most Recent Fiscal Year)$2.51 Net Income$86.87 million Net Margins16.13% Return on Equity10.43% Return on Assets4.31%Miscellaneous EmployeesN/A Outstanding Shares34,670,000Market Cap$2.34 billion Next Earnings Date8/5/2020 (Estimated) OptionableOptionable NASDAQ:MGEE Rates by TradingView Receive MGEE News and Ratings via Email Sign-up to receive the latest news and ratings for MGEE and its competitors with MarketBeat's FREE daily newsletter. 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 increased by 3.5% and is now trading at $67.54. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of MGE Energy? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MGE Energy in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for MGE Energy. When is MGE Energy's next earnings date? MGE Energy is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for MGE Energy. How were MGE Energy's earnings last quarter? MGE Energy, Inc. (NASDAQ:MGEE) announced its quarterly earnings data on Wednesday, August, 7th. The utilities provider reported $0.45 EPS for the quarter. The utilities provider earned $122.15 million during the quarter. MGE Energy had a return on equity of 10.43% and a net margin of 16.13%. 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 19th. Investors of record on Monday, June 1st will be given a dividend of $0.352 per share on Monday, June 15th. This represents a $1.41 dividend on an annualized basis and a yield of 2.08%. The ex-dividend date of this dividend is Friday, May 29th. View MGE Energy's dividend history. What price target have analysts set for MGEE? 1 Wall Street analysts have issued twelve-month price targets for MGE Energy's stock. Their forecasts range from $57.00 to $57.00. On average, they anticipate MGE Energy's share price to reach $57.00 in the next twelve months. This suggests that the stock has a possible downside of 15.6%. View analysts' price targets for MGE Energy. Has MGE Energy been receiving favorable news coverage? Headlines about MGEE stock have trended positive on Friday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. MGE Energy earned a media sentiment score of 2.8 on InfoTrie's scale. They also gave news articles about the utilities provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutMGE Energy. Are investors shorting MGE Energy? MGE Energy saw a drop in short interest in May. As of May 15th, there was short interest totaling 275,700 shares, a drop of 5.7% from the April 30th total of 292,500 shares. Based on an average daily volume of 147,000 shares, the days-to-cover ratio is currently 1.9 days. Approximately 0.8% of the company's shares are sold short. View MGE Energy's Current Options Chain. 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), American Electric Power (AEP), Exelon (EXC), Xcel Energy (XEL), Eversource Energy (ES), FirstEnergy (FE), Edison International (EIX), PPL (PPL), Entergy (ETR), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA) and Hawaiian Electric Industries (HE). View all 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), Exxon Mobil (XOM), KEMET (KEM), Medtronic (MDT), Metlife (MET), Marathon Petroleum (MPC) and Verizon Communications (VZ). 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (7.25%), State Street Corp (2.54%), Victory Capital Management Inc. (2.20%), Victory Capital Management Inc. (2.20%), Silvercrest Asset Management Group LLC (1.68%) and Geode Capital Management LLC (1.49%). 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 First Trust Advisors LP, Invesco Ltd., Morgan Stanley, Morgan Stanley, BlackRock Inc., State Street Corp, UBS Group AG, and Jane Street Group LLC. View insider buying and selling activity for MGE Energy. Which major investors are buying MGE Energy stock? MGEE stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Geode Capital Management LLC, AQR Capital Management LLC, Federated Hermes Inc., Advisor Group Holdings Inc., Thrivent Financial for Lutherans, Legal & General Group Plc, and Royal London Asset Management Ltd.. 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 $67.54. How big of a company is MGE Energy? MGE Energy has a market capitalization of $2.34 billion and generates $568.85 million in revenue each year. The utilities provider earns $86.87 million in net income (profit) each year or $2.51 on an earnings per share basis. 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 or via email at [email protected] This page was last updated on 5/29/2020 by MarketBeat.com Staff
