MGE Energy (MGEE) Stock Price, News & Analysis

Company Overview

MGE Energy, Inc. is a public utility holding company based in Madison, Wisconsin. Its principal subsidiary, Madison Gas and Electric Company (MGE), provides electric and natural gas service to customers in Madison and surrounding communities in south-central Wisconsin.

MGE’s operations include generating and purchasing electricity, delivering power through its electric system, and distributing natural gas. The company also invests in energy-related businesses, including projects that support renewable energy and other power-generation resources.

The company traces its roots to Madison Gas Light Company, established in 1855. Through MGE, it remains focused on serving the region with utility services and energy infrastructure.

Key Stats

• Today's Range: $79.25 to $79.87
• 50-Day Range: $68.49 to $80.26
• 52-Week Range: $68.01 to $85.29
• Volume: 4,783 shs
• Average Volume: 213,377 shs
• Market Capitalization: $3.00 billion
• P/E Ratio: 18.34
• Dividend Yield: 2.56%
• Price Target: $80.75
• Consensus Rating: Hold

MGE Energy Stock Analysis - MarketRank™

MGE Energy scored higher than 83% of companies evaluated by MarketBeat, and ranked 32nd out of 97 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

MGE Energy has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on no strong buy ratings, 2 buy ratings, 3 hold ratings, and 1 sell rating.

Upside/Downside

The consensus price target for MGE Energy is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

MGE Energy has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 3.41%

Earnings Growth

Earnings for MGE Energy are expected to grow by 3.41% in the coming year, from $4.10 to $4.24 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of MGE Energy is 18.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.74.

Price to Earnings Ratio vs. Sector

The P/E ratio of MGE Energy is 18.28, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 35.07.

Price to Earnings Growth Ratio

MGE Energy has a PEG Ratio of 4.35. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

MGE Energy has a P/B Ratio of 2.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.85% of the float of MGE Energy has been sold short.

Short Interest Ratio / Days to Cover

MGE Energy has a short interest ratio ("days to cover") of 10.35, which indicates bearish sentiment.

Change versus previous month

Short interest in MGE Energy has recently decreased by 9.60%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

MGE Energy pays a meaningful dividend of 2.56%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

MGE Energy has been increasing its dividend for 49 years.

Dividend Coverage

The dividend payout ratio of MGE Energy is 46.88%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, MGE Energy will have a dividend payout ratio of 47.88% next year. This indicates that MGE Energy will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.43

News Sentiment

MGE Energy has a news sentiment score of 1.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for MGE Energy this week, compared to 2 articles on an average week.

MarketBeat Follows

Only 1 people have added MGE Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.8 / 5
• Insider Trading: Acquiring Shares

Net Insider Buying

Over the last three months, insiders have purchased a net $42,491.00 in company stock, which represents 0.0014% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, MGE Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $42,491.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

0.41% of the stock of MGE Energy is held by insiders.

Percentage Held by Institutions

52.58% of the stock of MGE Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 9/15 Dividend: 9/01/2026
• Ex-Dividend for 9/15 Dividend: 9/01/2026
• Dividend Payable: 9/15/2026
• Last Earnings: 11/04/2026
• Today: 11/13/2026
• Record date for 12/15 Dividend: 12/01/2026
• Ex-Dividend for 12/15 Dividend: 12/01/2026
• Dividend Payable: 12/15/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Utilities
• Industry: Electric Utilities
• Sub-Industry: Electric Utilities
• Current Symbol: NASDAQ:MGEE
• CIK: 1161728
• Web: www.mgeenergy.com
• Phone: (608) 252-7000
• Fax: 608-252-7098
• Employees: 726
• Year Founded: 1896

Price Target and Rating

• Average Price Target for MGE Energy: $80.75
• High Price Target: $87.00
• Low Price Target: $72.00
• Potential Upside/Downside: +1.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.17
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.33
• Trailing P/E Ratio: 18.35
• Forward P/E Ratio: 18.74
• P/E Growth: 4.35
• Net Income: $135.89 million
• Net Margins: 20.60%
• Pretax Margin: 23.57%
• Return on Equity: 11.59%
• Return on Assets: 4.97%

Debt

• Debt-to-Equity Ratio: 0.59
• Current Ratio: 1.09
• Quick Ratio: 0.73

Sales & Book Value

• Annual Sales: $743.65 million
• Price / Sales: 4.04
• Cash Flow: $6.84 per share
• Price / Cash Flow: 11.61
• Book Value: $39.17 per share
• Price / Book: 2.03

Miscellaneous

• Outstanding Shares: 37,820,000
• Free Float: 37,669,000
• Market Cap: $3.00 billion
• Optionable: Optionable
• Beta: 0.68