MGE Energy, Inc. (MGEE)

Market Cap	3.04B
Revenue (ttm)	664.51M
Net Income (ttm)	120.44M
Shares Out	36.18M
EPS (ttm)	3.32
PE Ratio	25.29
Forward PE	30.15
Dividend	$1.71 (2.04%)
Ex-Dividend Date	May 31, 2024

Volume	108,292
Open	84.63
Previous Close	84.43
Day's Range	83.14 - 85.05
52-Week Range	61.94 - 86.20
Beta	0.69
Analysts	Sell
Price Target	65.00 (-22.58%)
Earnings Date	Aug 1, 2024

About MGEE

MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily 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 and natural gas in Wisconsin and Iowa; owns and leases electric generating capacity; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission pow...

• Industry: Utilities - Regulated Electric
• Sector: Utilities
• Founded: 1855
• Employees: 719
• Stock Exchange: NASDAQ
• Ticker Symbol: MGEE

Financial Performance

In 2023, MGE Energy's revenue was $690.43 million, a decrease of -3.37% compared to the previous year's $714.52 million. Earnings were $117.70 million, an increase of 6.08%.

Analyst Forecast

According to one analyst, the rating for MGEE stock is "Sell" and the 12-month stock price forecast is $65.0.

Price Target

$65.0

(-22.58% downside)

Analyst Consensus: Sell