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NVDA   387.70 (+0.68%)
NIO   7.74 (-0.64%)
BABA   85.50 (-0.74%)
AMD   124.92 (+3.20%)
T   15.96 (-0.75%)
F   13.74 (+1.18%)
MU   65.43 (+0.17%)
CGC   0.68 (-1.45%)
GE   106.30 (+0.22%)
DIS   91.95 (-0.63%)
AMC   4.77 (+1.92%)
PFE   38.97 (-0.31%)
PYPL   63.49 (-1.17%)
NFLX   420.02 (+2.60%)

MGE Energy (MGEE) Competitors

$77.37
-0.06 (-0.08%)
(As of 06/9/2023 ET)
Compare
Today's Range
$76.72
$77.79
50-Day Range
$70.86
$79.31
52-Week Range
$61.67
$86.27
Volume
59,047 shs
Average Volume
78,885 shs
Market Capitalization
$2.80 billion
P/E Ratio
26.05
Dividend Yield
2.11%
Price Target
$72.00

MGEE vs. TAC, SJW, CPK, MYRG, PAM, OTTR, PRMW, AVA, CWT, and AWR

Should you be buying MGE Energy stock or one of its competitors? The main competitors of MGE Energy include TransAlta (TAC), SJW Group (SJW), Chesapeake Utilities (CPK), MYR Group (MYRG), Pampa Energía (PAM), Otter Tail (OTTR), Primo Water (PRMW), Avista (AVA), California Water Service Group (CWT), and American States Water (AWR). These companies are all part of the "utilities" sector.

MGE Energy vs.

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

TransAlta currently has a consensus price target of $16.10, suggesting a potential upside of 63.04%. MGE Energy has a consensus price target of $72.00, suggesting a potential downside of 6.94%. Given TransAlta's stronger consensus rating and higher probable upside, equities analysts plainly believe TransAlta is more favorable than MGE Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TransAlta
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00
MGE Energy
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

MGE Energy has a net margin of 14.89% compared to TransAlta's net margin of 3.90%. MGE Energy's return on equity of 9.98% beat TransAlta's return on equity.

Company Net Margins Return on Equity Return on Assets
TransAlta 3.90% 9.56% 1.27%
MGE Energy 14.89% 9.98% 4.33%

TransAlta received 55 more outperform votes than MGE Energy when rated by MarketBeat users. However, 58.06% of users gave MGE Energy an outperform vote while only 54.20% of users gave TransAlta an outperform vote.

CompanyUnderperformOutperform
TransAltaOutperform Votes
271
54.20%
Underperform Votes
229
45.80%
MGE EnergyOutperform Votes
216
58.06%
Underperform Votes
156
41.94%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
TransAlta$2.29 billion1.14$38.46 million$0.2934.05
MGE Energy$714.52 million3.92$110.95 million$2.9726.05

TransAlta pays an annual dividend of $0.16 per share and has a dividend yield of 1.6%. MGE Energy pays an annual dividend of $1.63 per share and has a dividend yield of 2.1%. TransAlta pays out 55.2% of its earnings in the form of a dividend. MGE Energy pays out 54.9% 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. MGE Energy has increased its dividend for 47 consecutive years. MGE Energy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

TransAlta has a beta of 1.06, indicating that its share price is 6% more volatile than the S&P 500. Comparatively, MGE Energy has a beta of 0.72, indicating that its share price is 28% less volatile than the S&P 500.

In the previous week, MGE Energy had 1 more articles in the media than TransAlta. MarketBeat recorded 2 mentions for MGE Energy and 1 mentions for TransAlta. MGE Energy's average media sentiment score of 1.87 beat TransAlta's score of 0.00 indicating that MGE Energy is being referred to more favorably in the news media.

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

64.4% of TransAlta shares are held by institutional investors. Comparatively, 50.7% of MGE Energy shares are held by institutional investors. 13.1% of TransAlta shares are held by insiders. Comparatively, 0.2% of MGE Energy shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

MGE Energy beats TransAlta on 12 of the 21 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$2.80B$8.12B$13.20B$6.28B
Dividend Yield2.08%2.65%3.90%6.19%
P/E Ratio26.0526.0598.3314.98
Price / Sales3.922.491,203.4499.48
Price / Cash14.399.8325.44113.59
Price / Book2.593.121.995.30
Net Income$110.95M-$217.53M$444.59M$193.23M
7 Day Performance5.37%2.37%0.76%1.52%
1 Month Performance-0.46%-5.16%-1.45%5.17%
1 Year Performance-1.85%-4.35%-6.51%3.11%

MGE Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TAC
TransAlta
2.5556 of 5 stars
$9.68
+2.4%
$16.10
+66.3%
-13.6%$2.55B$2.29B33.381,222Positive News
SJW
SJW Group
2.3235 of 5 stars
$76.25
+0.1%
$79.00
+3.6%
+22.3%$2.40B$620.70M28.67751Analyst Downgrade
News Coverage
CPK
Chesapeake Utilities
2.3379 of 5 stars
$125.40
-1.1%
$121.33
-3.2%
+0.5%$2.23B$680.70M25.031,034Positive News
MYRG
MYR Group
2.1591 of 5 stars
$130.36
-0.7%
$118.67
-9.0%
+49.5%$2.18B$3.01B25.668,500Positive News
PAM
Pampa Energía
2.5006 of 5 stars
$37.46
+2.1%
N/A+71.6%$2.07B$1.83B4.141,907News Coverage
OTTR
Otter Tail
1.4234 of 5 stars
$75.25
+0.6%
$71.50
-5.0%
+13.9%$3.14B$1.46B11.492,422News Coverage
PRMW
Primo Water
2.6651 of 5 stars
$13.01
-2.1%
$19.33
+48.7%
-8.3%$2.07B$2.24B48.179,240
AVA
Avista
1.8549 of 5 stars
$41.60
+0.6%
$34.67
-16.7%
-1.3%$3.15B$1.71B22.371,767Insider Selling
CWT
California Water Service Group
2.7402 of 5 stars
$56.32
-1.4%
$65.00
+15.4%
+5.4%$3.15B$846.43M42.031,225Positive News
AWR
American States Water
2.077 of 5 stars
$88.18
-2.0%
$88.67
+0.6%
+15.0%$3.26B$491.53M33.15808

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This page (NASDAQ:MGEE) was last updated on 6/9/2023 by MarketBeat.com Staff

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