S&P 500   4,349.93
DOW   34,168.09
QQQ   344.57
S&P 500   4,349.93
DOW   34,168.09
QQQ   344.57
S&P 500   4,349.93
DOW   34,168.09
QQQ   344.57
S&P 500   4,349.93
DOW   34,168.09
QQQ   344.57
NASDAQ:MGEE

MGE Energy Stock Forecast, Price & News

$75.42
-0.78 (-1.02%)
(As of 01/26/2022 12:00 AM ET)
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Today's Range
$74.46
$77.20
50-Day Range
$72.59
$82.25
52-Week Range
$63.00
$82.95
Volume
145,265 shs
Average Volume
71,739 shs
Market Capitalization
$2.73 billion
P/E Ratio
25.06
Dividend Yield
2.03%
Beta
0.64
30 days | 90 days | 365 days | Advanced Chart
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MGE Energy logo

About MGE Energy

MGE 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.

Headlines

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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

Sales & Book Value

Annual Sales
$538.63 million
Cash Flow
$4.54 per share
Book Value
$26.99 per share

Profitability

Net Income
$92.42 million
Pretax Margin
19.96%

Debt

Price-To-Earnings

Miscellaneous

Free Float
36,098,000
Market Cap
$2.73 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 12/15 Dividend
11/30/2021
Dividend Payable
12/15/2021
Today
1/27/2022
Next Earnings (Estimated)
2/23/2022
Ex-Dividend for 3/15 Dividend
2/28/2022
Dividend Payable
3/15/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.38 out of 5 stars

Utilities Sector

48th out of 120 stocks

Electric, Gas & Sanitary Services Industry

2nd out of 4 stocks

Analyst Opinion: 0.5Community Rank: 4.1Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -












MGE Energy (NASDAQ:MGEE) Frequently Asked Questions

Is MGE Energy a buy right now?

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

How has MGE Energy's stock price been impacted by Coronavirus (COVID-19)?

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. Since then, MGEE shares have increased by 15.6% and is now trading at $75.42.
View which stocks have been most impacted by COVID-19
.

Are investors shorting MGE Energy?

MGE Energy saw a drop in short interest during the month of December. As of December 31st, there was short interest totaling 116,200 shares, a drop of 43.5% from the December 15th total of 205,800 shares. Based on an average daily trading volume, of 67,700 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.3% of the company's shares are sold short.
View MGE Energy's Short Interest
.

When is MGE Energy's next earnings date?

MGE Energy is scheduled to release its next quarterly earnings announcement on Wednesday, February 23rd 2022.
View our earnings forecast for MGE Energy
.

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 (EPS) for the quarter, beating analysts' consensus estimates of $0.92 by $0.05. The utilities provider earned $145.87 million during the quarter. MGE Energy had a net margin of 18.67% and a trailing twelve-month return on equity of 10.82%.
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 Friday, January 21st. Investors of record on Tuesday, March 1st will be given a dividend of $0.387 per share on Tuesday, March 15th. This represents a $1.55 annualized dividend and a yield of 2.05%. The ex-dividend date of this dividend is Monday, February 28th.
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 2.03%. 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 51.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MGE Energy will have a dividend payout ratio of 50.00% 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 1-year price targets for MGE Energy's shares. Their forecasts range from $71.00 to $72.00. On average, they anticipate MGE Energy's share price to reach $71.50 in the next twelve months. This suggests that the stock has a possible downside of 5.2%.
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:
  • Jeffrey M. Keebler, Chairman, President & Chief Executive Officer
  • Jared J. Bushek, Treasurer, Chief Financial & Information Officer
  • Cari Anne Renlund, Secretary, Vice President & General Counsel
  • Donald D. Peterson, Vice President-Energy Technology
  • Lynn K. Hobbie, Executive VP-Marketing & Communications

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.

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 investors include Royal London Asset Management Ltd. (0.72%), Madison Wealth Partners Inc (0.08%), Strs Ohio (0.05%), Russell Investments Group Ltd. (0.04%), Hennessy Advisors Inc. (0.04%) and Van ECK Associates Corp (0.02%). Company insiders that own MGE Energy stock include Cari Anne Renlund, James G Berbee, James G Berbee and James L Possin.
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 Royal London Asset Management Ltd., Hennessy Advisors Inc., and Russell Investments Group Ltd..
View insider buying and selling activity for MGE Energy
or view top insider-selling stocks.

Which major investors are buying MGE Energy stock?

MGEE stock was purchased by a variety of institutional investors in the last quarter, including AE Wealth Management LLC, Strs Ohio, Creative Financial Designs Inc. ADV, Madison Wealth Partners Inc, and Van ECK Associates Corp. Company insiders that have bought MGE Energy stock in the last two years include Cari Anne Renlund, James G Berbee, 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.
Compare Top Brokerages Here.

What is MGE Energy's stock price today?

One share of MGEE stock can currently be purchased for approximately $75.42.

How much money does MGE Energy make?

MGE Energy has a market capitalization of $2.73 billion and generates $538.63 million in revenue each year. The utilities provider earns $92.42 million in net income (profit) each year or $3.01 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.

Where are MGE Energy's headquarters?

MGE Energy is headquartered at 133 SOUTH BLAIR STREET, MADISON WI, 53701.

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.


This page was last updated on 1/27/2022 by MarketBeat.com Staff

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