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MGE Energy (MGEE) Competitors

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$70.22 -0.51 (-0.72%)
Closing price 10/9/2026 04:00 PM Eastern
Extended Trading
$70.21 -0.01 (-0.01%)
As of 10/9/2026 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

MGEE vs. LNT, AEE, ATO, CMS, and IDA

Should you buy MGE Energy stock or one of its competitors? MGE Energy's main competitors and comparable companies include Alliant Energy (LNT), Ameren (AEE), Atmos Energy (ATO), CMS Energy (CMS), and IDACORP (IDA). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "utilities" sector.

How does MGE Energy compare to Alliant Energy?

MGE Energy (NASDAQ:MGEE) and Alliant Energy (NASDAQ:LNT) are both utilities companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, analyst recommendations, earnings, media sentiment, risk, institutional ownership, valuation and profitability.

MGE Energy pays an annual dividend of $2.03 per share and has a dividend yield of 2.9%. Alliant Energy pays an annual dividend of $2.14 per share and has a dividend yield of 3.2%. MGE Energy pays out 49.9% of its earnings in the form of a dividend. Alliant Energy pays out 67.7% 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 has increased its dividend for 49 consecutive years and Alliant Energy has increased its dividend for 22 consecutive years.

MGE Energy has a net margin of 19.45% compared to Alliant Energy's net margin of 18.45%. Alliant Energy's return on equity of 11.16% beat MGE Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
MGE Energy19.45% 11.10% 4.74%
Alliant Energy 18.45%11.16%3.31%

MGE Energy has a beta of 0.69, suggesting that its share price is 31% less volatile than the broader market. Comparatively, Alliant Energy has a beta of 0.52, suggesting that its share price is 48% less volatile than the broader market.

52.6% of MGE Energy shares are owned by institutional investors. Comparatively, 79.9% of Alliant Energy shares are owned by institutional investors. 0.4% of MGE Energy shares are owned by company insiders. Comparatively, 0.3% of Alliant Energy shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
MGE Energy$743.65M3.57$135.89M$4.0717.25
Alliant Energy$4.36B3.91$810M$3.1620.84

MGE Energy presently has a consensus price target of $76.00, indicating a potential upside of 8.23%. Alliant Energy has a consensus price target of $77.00, indicating a potential upside of 16.93%. Given Alliant Energy's stronger consensus rating and higher possible upside, analysts clearly believe Alliant Energy is more favorable than MGE Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MGE Energy
1 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Alliant Energy
0 Sell rating(s)
5 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.64

In the previous week, MGE Energy had 1 more articles in the media than Alliant Energy. MarketBeat recorded 5 mentions for MGE Energy and 4 mentions for Alliant Energy. Alliant Energy's average media sentiment score of 1.32 beat MGE Energy's score of 1.09 indicating that Alliant Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
MGE Energy
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Alliant Energy
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Alliant Energy beats MGE Energy on 11 of the 19 factors compared between the two stocks.

How does MGE Energy compare to Ameren?

Ameren (NYSE:AEE) and MGE Energy (NASDAQ:MGEE) are both utilities companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, dividends, profitability, analyst recommendations, valuation, risk, institutional ownership and media sentiment.

Ameren pays an annual dividend of $3.00 per share and has a dividend yield of 2.9%. MGE Energy pays an annual dividend of $2.03 per share and has a dividend yield of 2.9%. Ameren pays out 52.8% of its earnings in the form of a dividend. MGE Energy pays out 49.9% 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. Ameren has raised its dividend for 12 consecutive years and MGE Energy has raised its dividend for 49 consecutive years.

79.1% of Ameren shares are owned by institutional investors. Comparatively, 52.6% of MGE Energy shares are owned by institutional investors. 0.3% of Ameren shares are owned by insiders. Comparatively, 0.4% of MGE Energy shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

MGE Energy has a net margin of 19.45% compared to Ameren's net margin of 17.86%. MGE Energy's return on equity of 11.10% beat Ameren's return on equity.

Company Net Margins Return on Equity Return on Assets
Ameren17.86% 10.95% 3.00%
MGE Energy 19.45%11.10%4.74%

Ameren currently has a consensus price target of $118.08, indicating a potential upside of 15.66%. MGE Energy has a consensus price target of $76.00, indicating a potential upside of 8.23%. Given Ameren's stronger consensus rating and higher possible upside, analysts plainly believe Ameren is more favorable than MGE Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ameren
0 Sell rating(s)
4 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.71
MGE Energy
1 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, MGE Energy had 1 more articles in the media than Ameren. MarketBeat recorded 5 mentions for MGE Energy and 4 mentions for Ameren. MGE Energy's average media sentiment score of 1.09 beat Ameren's score of 0.63 indicating that MGE Energy is being referred to more favorably in the news media.

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

Ameren has a beta of 0.44, meaning that its share price is 56% less volatile than the broader market. Comparatively, MGE Energy has a beta of 0.69, meaning that its share price is 31% less volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ameren$8.80B3.21$1.46B$5.6817.97
MGE Energy$743.65M3.57$135.89M$4.0717.25

Summary

MGE Energy beats Ameren on 10 of the 19 factors compared between the two stocks.

How does MGE Energy compare to Atmos Energy?

MGE Energy (NASDAQ:MGEE) and Atmos Energy (NYSE:ATO) are both utilities companies, but which is the superior stock? We will compare the two companies based on the strength of their risk, earnings, dividends, institutional ownership, media sentiment, valuation, profitability and analyst recommendations.

MGE Energy pays an annual dividend of $2.03 per share and has a dividend yield of 2.9%. Atmos Energy pays an annual dividend of $4.00 per share and has a dividend yield of 2.5%. MGE Energy pays out 49.9% of its earnings in the form of a dividend. Atmos Energy pays out 47.6% 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 has increased its dividend for 49 consecutive years and Atmos Energy has increased its dividend for 41 consecutive years. MGE Energy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

52.6% of MGE Energy shares are owned by institutional investors. Comparatively, 90.2% of Atmos Energy shares are owned by institutional investors. 0.4% of MGE Energy shares are owned by company insiders. Comparatively, 0.4% of Atmos Energy shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Atmos Energy has a net margin of 28.50% compared to MGE Energy's net margin of 19.45%. MGE Energy's return on equity of 11.10% beat Atmos Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
MGE Energy19.45% 11.10% 4.74%
Atmos Energy 28.50%9.67%4.67%

MGE Energy currently has a consensus price target of $76.00, suggesting a potential upside of 8.23%. Atmos Energy has a consensus price target of $183.58, suggesting a potential upside of 13.54%. Given Atmos Energy's stronger consensus rating and higher probable upside, analysts plainly believe Atmos Energy is more favorable than MGE Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MGE Energy
1 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Atmos Energy
0 Sell rating(s)
11 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.21

MGE Energy has a beta of 0.69, suggesting that its stock price is 31% less volatile than the broader market. Comparatively, Atmos Energy has a beta of 0.57, suggesting that its stock price is 43% less volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
MGE Energy$743.65M3.57$135.89M$4.0717.25
Atmos Energy$4.70B5.81$1.20B$8.4019.25

In the previous week, Atmos Energy had 26 more articles in the media than MGE Energy. MarketBeat recorded 31 mentions for Atmos Energy and 5 mentions for MGE Energy. Atmos Energy's average media sentiment score of 1.60 beat MGE Energy's score of 1.09 indicating that Atmos Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
MGE Energy
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Atmos Energy
26 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Summary

Atmos Energy beats MGE Energy on 14 of the 19 factors compared between the two stocks.

How does MGE Energy compare to CMS Energy?

MGE Energy (NASDAQ:MGEE) and CMS Energy (NYSE:CMS) are both utilities companies, but which is the better stock? We will compare the two companies based on the strength of their dividends, valuation, analyst recommendations, profitability, risk, media sentiment, earnings and institutional ownership.

MGE Energy pays an annual dividend of $2.03 per share and has a dividend yield of 2.9%. CMS Energy pays an annual dividend of $2.28 per share and has a dividend yield of 3.5%. MGE Energy pays out 49.9% of its earnings in the form of a dividend. CMS Energy pays out 68.5% 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 has raised its dividend for 49 consecutive years and CMS Energy has raised its dividend for 3 consecutive years.

52.6% of MGE Energy shares are owned by institutional investors. Comparatively, 93.6% of CMS Energy shares are owned by institutional investors. 0.4% of MGE Energy shares are owned by company insiders. Comparatively, 0.5% of CMS Energy shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
MGE Energy$743.65M3.57$135.89M$4.0717.25
CMS Energy$8.54B2.40$1.07B$3.3319.66

MGE Energy has a beta of 0.69, indicating that its stock price is 31% less volatile than the broader market. Comparatively, CMS Energy has a beta of 0.32, indicating that its stock price is 68% less volatile than the broader market.

MGE Energy has a net margin of 19.45% compared to CMS Energy's net margin of 11.64%. MGE Energy's return on equity of 11.10% beat CMS Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
MGE Energy19.45% 11.10% 4.74%
CMS Energy 11.64%10.76%2.62%

MGE Energy currently has a consensus price target of $76.00, indicating a potential upside of 8.23%. CMS Energy has a consensus price target of $79.19, indicating a potential upside of 20.99%. Given CMS Energy's stronger consensus rating and higher probable upside, analysts clearly believe CMS Energy is more favorable than MGE Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MGE Energy
1 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
CMS Energy
0 Sell rating(s)
7 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.50

In the previous week, CMS Energy had 3 more articles in the media than MGE Energy. MarketBeat recorded 8 mentions for CMS Energy and 5 mentions for MGE Energy. MGE Energy's average media sentiment score of 1.09 beat CMS Energy's score of 0.38 indicating that MGE Energy is being referred to more favorably in the media.

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

Summary

CMS Energy beats MGE Energy on 10 of the 19 factors compared between the two stocks.

How does MGE Energy compare to IDACORP?

MGE Energy (NASDAQ:MGEE) and IDACORP (NYSE:IDA) are both mid-cap utilities companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, analyst recommendations, profitability, risk, valuation, earnings, institutional ownership and dividends.

MGE Energy pays an annual dividend of $2.03 per share and has a dividend yield of 2.9%. IDACORP pays an annual dividend of $3.52 per share and has a dividend yield of 2.6%. MGE Energy pays out 49.9% of its earnings in the form of a dividend. IDACORP pays out 58.3% 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 has increased its dividend for 49 consecutive years and IDACORP has increased its dividend for 13 consecutive years. MGE Energy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

MGE Energy has a beta of 0.69, indicating that its stock price is 31% less volatile than the broader market. Comparatively, IDACORP has a beta of 0.48, indicating that its stock price is 52% less volatile than the broader market.

MGE Energy presently has a consensus target price of $76.00, indicating a potential upside of 8.23%. IDACORP has a consensus target price of $150.86, indicating a potential upside of 11.57%. Given IDACORP's stronger consensus rating and higher possible upside, analysts plainly believe IDACORP is more favorable than MGE Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MGE Energy
1 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
IDACORP
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.75

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
MGE Energy$743.65M3.57$135.89M$4.0717.25
IDACORP$1.81B4.31$323.47M$6.0422.39

52.6% of MGE Energy shares are held by institutional investors. Comparatively, 89.1% of IDACORP shares are held by institutional investors. 0.4% of MGE Energy shares are held by company insiders. Comparatively, 0.3% of IDACORP shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

MGE Energy has a net margin of 19.45% compared to IDACORP's net margin of 18.78%. MGE Energy's return on equity of 11.10% beat IDACORP's return on equity.

Company Net Margins Return on Equity Return on Assets
MGE Energy19.45% 11.10% 4.74%
IDACORP 18.78%9.34%3.24%

In the previous week, MGE Energy had 3 more articles in the media than IDACORP. MarketBeat recorded 5 mentions for MGE Energy and 2 mentions for IDACORP. MGE Energy's average media sentiment score of 1.09 beat IDACORP's score of 0.13 indicating that MGE Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
MGE Energy
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
IDACORP
0 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

MGE Energy beats IDACORP on 10 of the 19 factors compared between the two stocks.

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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 Utilities IndustryUtilities SectorNASDAQ Exchange
Market Cap$2.65B$27.40B$15.37B$13.30B
Dividend Yield2.90%4.01%4.04%22.58%
P/E Ratio17.2515.6424.1426.14
Price / Sales3.57524.62417.0985.23
Price / Cash10.2627.9018.5653.71
Price / Book1.971.662.176.33
Net Income$135.89M$1.61B$690.52M$382.15M
7 Day Performance-0.78%1.69%0.40%-1.40%
1 Month Performance-8.19%-0.96%-1.88%-3.35%
1 Year Performance-16.99%10.90%2.36%1.49%

MGE Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MGEE
MGE Energy
4.5123 of 5 stars
$70.22
-0.7%
$76.00
+8.2%
-17.0%$2.65B$743.65M17.25726
LNT
Alliant Energy
4.2871 of 5 stars
$64.96
+1.0%
$77.00
+18.5%
-2.8%$16.84B$4.43B20.562,948
AEE
Ameren
4.2752 of 5 stars
$100.70
+1.0%
$118.08
+17.3%
-1.4%$27.88B$8.75B17.738,913
ATO
Atmos Energy
4.718 of 5 stars
$158.52
+0.3%
$183.58
+15.8%
-8.4%$26.79B$4.70B18.875,487
CMS
CMS Energy
4.496 of 5 stars
$64.68
+1.0%
$80.07
+23.8%
-11.6%$20.28B$8.54B19.428,350

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This page (NASDAQ:MGEE) was last updated on 10/11/2026 by MarketBeat.com Staff.
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