MGE Energy, Inc. (MGEE)
| Market Cap | 2.69B -12.2% |
| Revenue (ttm) | 752.13M +7.2% |
| Net Income | 149.63M +14.2% |
| EPS | 4.07 +13.1% |
| Shares Out | 37.78M |
| PE Ratio | 17.51 |
| Forward PE | 17.85 |
| Dividend | $2.03 (2.85%) |
| Ex-Dividend Date | Sep 1, 2026 |
| Volume | 113,111 |
| Open | 71.99 |
| Previous Close | 71.32 |
| Day's Range | 71.18 - 72.35 |
| 52-Week Range | 68.01 - 87.94 |
| Beta | 0.69 |
| Analysts | Hold |
| Price Target | 76.67 (+7.56%) |
| Est. Earnings | Nov 4, 2026 |
About MGEE
MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company in the United States. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other segments. The company generates, purchases, and distributes electricity; purchases and distributes natural gas; owns and leases electric generating capacity; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission power servic... [Read more]
Financial Performance
In 2025, MGE Energy's revenue was $726.65 million, an increase of 10.11% compared to the previous year's $659.94 million. Earnings were $135.89 million, an increase of 12.71%.
Financial StatementsAnalyst Summary
According to 6 analysts, the average rating for MGEE stock is "Hold." The 12-month stock price target is $76.67, which is an increase of 7.56% from the latest price.
News
MGE Energy initiated with a Neutral at JPMorgan
JPMorgan initiated coverage of MGE Energy (MGEE) with a Neutral rating and $76 price target The firm views MGE as a “high-quality, relatively low-risk” vertically integrated utility offering single-di...
MGE Energy initiated with a Neutral at BofA
BofA initiated coverage of MGE Energy (MGEE) with a Neutral rating and $76 price target While the company’s “differentiated mix” provides earnings visibility and diversification, shares trade at a pre...
MGE Energy price target lowered to $71 from $74 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on MGE Energy (MGEE) to $71 from $74 and keeps an Underweight rating on the shares. The firm updated its price targets for…
MGE Energy increases quarterly dividend 7% to 50.83c per share
The Board of Directors of MGE Energy (MGEE) approved a 7.0% increase in the company’s regular quarterly dividend to 50.83c per share on its outstanding common stock. The dividend is…
MGE Energy price target lowered to $74 from $76 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on MGE Energy (MGEE) to $74 from $76 and keeps an Underweight rating on the shares.
MGE Energy Reports Second-Quarter 2026 Earnings
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Second-Quarter 2026 Earnings.
MGE Energy Quarterly report: Q2 2026
MGE Energy has published its Q2 2026 quarterly earnings report on August 5, 2026.
MGE Energy Earnings release: Q2 2026
MGE Energy released its Q2 2026 earnings on August 5, 2026, summarizing the period's financial results.
MGE Energy Slides: Q2 2026
MGE Energy has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 5, 2026.
MGE Energy price target raised to $76 from $74 at Morgan Stanley
Morgan Stanley raised the firm’s price target on MGE Energy (MGEE) to $76 from $74 and keeps an Underweight rating on the shares. The firm updated its price targets for…
MGE Energy price target raised to $74 from $70 at Morgan Stanley
Morgan Stanley raised the firm’s price target on MGE Energy (MGEE) to $74 from $70 and keeps an Underweight rating on the shares. The firm updated its price targets for…
MGE Energy upgraded to Buy from Neutral at Ladenburg
Ladenburg upgraded MGE Energy (MGEE) to Buy from Neutral with a price target of $81, down from $83.50. The firm cites valuation for the upgrade.
MGE Energy initiated with a Hold at Freedom Broker
Freedom Broker analyst Matvey Tayts initiated coverage of MGE Energy (MGEE) with a Hold rating and $77 price target The company offers “defensive” regulated utility earnings but the shares are…
MGE Energy price target lowered to $70 from $74 at Morgan Stanley
Morgan Stanley analyst David Arcaro lowered the firm’s price target on MGE Energy (MGEE) to $70 from $74 and keeps an Underweight rating on the shares. The firm updated its…
MGE Energy Transcript: AGM 2026
The meeting highlighted strong 2025 financial results, continued dividend growth, and major investments in clean energy and grid reliability. Shareholders voted on directors, auditors, and executive compensation, while management addressed questions on equity dilution and wind turbine maintenance.
MGE Energy Declares Regular Dividend
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Declares Regular Dividend.
MGE Energy 3.3M share Spot Secondary priced at $75.75
The deal range was $75.50-$77.50. Morgan Stanley, Guggenheim, BofA and JPMorgan acted as joint book running managers for the offering.
MGE Energy, Inc. Prices Public Offering of 3,300,331 Shares of Common Stock
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy, Inc. Prices Public Offering of 3,300,331 Shares of Common Stock.
MGE Energy files $250M common stock offering
Morgan Stanley, Guggenheim Securities, BofA Securities, and J.P. Morgan are acting as joint book-running managers for the offering.
MGE Energy $250M Spot Secondary; price range $75.50-$77.50
Morgan Stanley, BofA and JPMorgan are acting as joint book running managers for the offering.
MGE Energy Reports First-Quarter 2026 Earnings
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports First-Quarter 2026 Earnings.
MGE Energy Quarterly report: Q1 2026
MGE Energy has published its Q1 2026 quarterly earnings report on May 5, 2026.
MGE Energy Earnings release: Q1 2026
MGE Energy released its Q1 2026 earnings on May 5, 2026, summarizing the period's financial results.
MGE Energy Slides: Q1 2026
MGE Energy has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 5, 2026.
MGE Energy price target lowered to $74 from $78 at Morgan Stanley
Morgan Stanley analyst David Arcaro lowered the firm’s price target on MGE Energy (MGEE) to $74 from $78 and keeps an Underweight rating on the shares.