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MGE Energy (MGEE) Competitors

$82.28
+0.90 (+1.11%)
(As of 05/21/2024 ET)

MGEE vs. AWR, AVA, CWT, NWE, PAM, MYRG, PRMW, CPK, PNM, and TDS

Should you be buying MGE Energy stock or one of its competitors? The main competitors of MGE Energy include American States Water (AWR), Avista (AVA), California Water Service Group (CWT), NorthWestern Energy Group (NWE), Pampa Energía (PAM), MYR Group (MYRG), Primo Water (PRMW), Chesapeake Utilities (CPK), PNM Resources (PNM), and Telephone and Data Systems (TDS). These companies are all part of the "utilities" sector.

MGE Energy vs.

MGE Energy (NASDAQ:MGEE) and American States Water (NYSE:AWR) are both mid-cap utilities companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, risk, earnings, institutional ownership, media sentiment, profitability, community ranking, dividends and analyst recommendations.

American States Water received 11 more outperform votes than MGE Energy when rated by MarketBeat users. However, 55.67% of users gave MGE Energy an outperform vote while only 51.83% of users gave American States Water an outperform vote.

CompanyUnderperformOutperform
MGE EnergyOutperform Votes
216
55.67%
Underperform Votes
172
44.33%
American States WaterOutperform Votes
227
51.83%
Underperform Votes
211
48.17%

American States Water has a net margin of 19.95% compared to MGE Energy's net margin of 18.12%. American States Water's return on equity of 13.65% beat MGE Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
MGE Energy18.12% 10.60% 4.59%
American States Water 19.95%13.65%4.77%

American States Water has lower revenue, but higher earnings than MGE Energy. MGE Energy is trading at a lower price-to-earnings ratio than American States Water, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
MGE Energy$690.43M4.31$117.70M$3.3224.78
American States Water$595.70M4.86$124.92M$3.0625.42

52.6% of MGE Energy shares are held by institutional investors. Comparatively, 75.2% of American States Water shares are held by institutional investors. 0.2% of MGE Energy shares are held by insiders. Comparatively, 0.8% of American States Water shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

In the previous week, MGE Energy and MGE Energy both had 4 articles in the media. American States Water's average media sentiment score of 1.32 beat MGE Energy's score of 0.86 indicating that American States Water is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
MGE Energy
1 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
American States Water
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

MGE Energy pays an annual dividend of $1.71 per share and has a dividend yield of 2.1%. American States Water pays an annual dividend of $1.72 per share and has a dividend yield of 2.2%. MGE Energy pays out 51.5% of its earnings in the form of a dividend. American States Water pays out 56.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

MGE Energy currently has a consensus price target of $62.00, indicating a potential downside of 24.65%. American States Water has a consensus price target of $80.00, indicating a potential upside of 2.84%. Given American States Water's stronger consensus rating and higher probable upside, analysts plainly believe American States Water is more favorable than MGE Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MGE Energy
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00
American States Water
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50

MGE Energy has a beta of 0.72, indicating that its stock price is 28% less volatile than the S&P 500. Comparatively, American States Water has a beta of 0.43, indicating that its stock price is 57% less volatile than the S&P 500.

Summary

American States Water beats MGE Energy on 13 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MGEE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MGEE vs. The Competition

MetricMGE EnergyElectric, gas & sanitary services IndustryUtilities SectorNASDAQ Exchange
Market Cap$2.98B$8.96B$12.06B$8.00B
Dividend Yield2.10%2.67%4.08%3.91%
P/E Ratio24.7827.0084.0018.66
Price / Sales4.312.7524.1784.55
Price / Cash13.509.3118.5729.27
Price / Book2.612.671.874.46
Net Income$117.70M$183.35M$584.91M$213.31M
7 Day Performance1.11%2.36%1.06%0.85%
1 Month Performance5.83%17.06%6.59%6.20%
1 Year Performance8.33%4.72%3.81%10.05%

MGE Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AWR
American States Water
4.6971 of 5 stars
$78.18
+0.3%
$80.00
+2.3%
-10.8%$2.91B$595.70M25.55815Positive News
AVA
Avista
2.8583 of 5 stars
$38.25
0.0%
$35.00
-8.5%
-9.7%$2.99B$1.75B15.871,858Positive News
CWT
California Water Service Group
3.863 of 5 stars
$52.92
+0.6%
$54.25
+2.5%
-3.4%$3.06B$794.63M21.171,266
NWE
NorthWestern Energy Group
2.2044 of 5 stars
$51.47
-0.8%
$51.71
+0.5%
-9.0%$3.15B$1.44B15.941,573Positive News
PAM
Pampa Energía
1.5987 of 5 stars
$47.52
+3.4%
$41.33
-13.0%
+35.3%$2.59B$1.73B6.081,924Analyst Upgrade
Positive News
MYRG
MYR Group
2.7072 of 5 stars
$152.89
-0.4%
$173.25
+13.3%
+15.3%$2.56B$3.64B29.639,000Positive News
PRMW
Primo Water
4.0436 of 5 stars
$21.21
+0.5%
$21.00
-1.0%
+58.4%$3.39B$1.77B13.176,400Analyst Forecast
News Coverage
CPK
Chesapeake Utilities
3.9866 of 5 stars
$110.72
+0.3%
$109.50
-1.1%
-10.6%$2.47B$79.18B23.261,281
PNM
PNM Resources
4.1645 of 5 stars
$37.97
+0.1%
$46.80
+23.3%
-15.4%$3.42B$1.94B41.731,635
TDS
Telephone and Data Systems
3.6079 of 5 stars
$21.07
+0.5%
$25.67
+21.8%
+183.0%$2.38B$5.16B-4.338,800

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This page (NASDAQ:MGEE) was last updated on 5/21/2024 by MarketBeat.com Staff

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