MGE Energy, Inc. (MGEE)

NASDAQ: MGEE · Real-Time Price · USD
83.60
+0.40 (0.48%)
Sep 17, 2025, 4:00 PM EDT - Market closed
0.48%
Market Cap3.05B
Revenue (ttm)701.32M
Net Income (ttm)131.05M
Shares Out 36.54M
EPS (ttm)3.60
PE Ratio23.22
Forward PE22.12
Dividend$1.80 (2.15%)
Ex-Dividend DateAug 29, 2025
Volume124,740
Open83.70
Previous Close83.20
Day's Range82.84 - 85.01
52-Week Range82.21 - 109.22
Beta0.79
AnalystsSell
Price Target78.50 (-6.1%)
Earnings DateNov 5, 2025

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]

Sector Utilities
Founded 1855
Employees 717
Stock Exchange NASDAQ
Ticker Symbol MGEE
Full Company Profile

Financial Performance

In 2024, MGE Energy's revenue was $659.94 million, a decrease of -2.08% compared to the previous year's $673.93 million. Earnings were $120.57 million, an increase of 2.44%.

Financial Statements

Analyst Summary

According to 2 analysts, the average rating for MGEE stock is "Sell." The 12-month stock price target is $78.5, which is a decrease of -6.10% from the latest price.

Price Target
$78.5
(-6.10% downside)
Analyst Consensus: Sell
Stock Forecasts

News

MGE Energy Issues September 2025 'Inside View'

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy, Inc. (Nasdaq: MGEE), highlights 50 consecutive years of dividend increases in its investor newsletter, Inside View, which also includes the following topics...

2 days ago - Business Wire

Dividend Kings: 2 Ideal Buys In 25 "Safer" Of 56 September Dogs

The Dividend Kings list now includes 56 stocks, but only a select few offer fair value and strong yields relative to share price. Five top-yielding Dividend Kings—UVV, CDUAF, NWN, UBSI, and KVUE—curre...

Other symbols: ABMADMADPBKHCWTFTSGRC
7 days ago - Seeking Alpha

McDonald's And Microsoft Among 12 Companies To Announce Annual Increases In September

This is my latest article where I provide predictions of upcoming dividend increases from companies with long-term dividend growth histories. Dividend growth in August was strong, with several compani...

Other symbols: MCDMSFTACNAWRBANFBMIBR
17 days ago - Seeking Alpha

5 Upcoming Dividend Increases Including A New Dividend King

I focus on companies with consistent annual dividend increases, signaling financial strength and reliable cash flow for long-term investors. This week's highlighted list features firms with an average...

Other symbols: GSNBTBSCHDSWKSUNP
27 days ago - Seeking Alpha

MGE Energy Increases Dividend for 50th Consecutive Year

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Increases Dividend for 50th Consecutive Year.

4 weeks ago - Business Wire

MGE Energy Reports Second-Quarter 2025 Earnings

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Second-Quarter 2025 Earnings.

6 weeks ago - Business Wire

MGE Energy: The Next Dividend King Remains A Hold Now

MGE Energy is likely going to announce its latest dividend raise in August, which would mark its 50th consecutive year of dividend growth. The electric and gas utility is investing significantly in ex...

2 months ago - Seeking Alpha

MGE Energy Issues June 2025 'Inside View'

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Issues June 2025 'Inside View'.

3 months ago - Business Wire

MGE Energy Declares Regular Dividend

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Declares Regular Dividend.

4 months ago - Business Wire

MGE Energy to Present at the 2025 AGA Financial Forum

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy, Inc. (Nasdaq: MGEE), management will be presenting at the 2025 AGA Financial Forum on May 18, 2025.

4 months ago - Business Wire

MGE Energy Reports First-Quarter 2025 Earnings

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports First-Quarter 2025 Earnings.

4 months ago - Business Wire

MGE to Add More Local Solar and Battery Storage with Sunnyside Solar Energy Center

MADISON, Wis.--(BUSINESS WIRE)--MGE to Add More Local Solar and Battery Storage with Sunnyside Solar Energy Center.

4 months ago - Business Wire

MGE Energy: This Small Utility Looks Substantially Overvalued

MGE Energy, Inc., a small utility serving Madison, Wisconsin, has a high market capitalization relative to its customer base, suggesting potential overvaluation. Despite a strong historical performanc...

5 months ago - Seeking Alpha

MGE to Add More Solar and Battery Storage With Purchase of High Noon Solar Energy Center

MADISON, Wis.--(BUSINESS WIRE)--MGE to Add More Solar and Battery Storage with Purchase of High Noon Solar Energy Center.

5 months ago - Business Wire

Dividend Kings Of The Future Continued

A list of 8 companies that are projected to reach Dividend King status in the future. These companies offer various dividend yields ranging from 0.80% to nearly 4.5%. The average 10-year dividend grow...

Other symbols: AFLAPDATOCLXCTASMCDORI
6 months ago - Seeking Alpha

Dividend Kings Of The Future

A list of 9 companies that may reach Dividend King status in the near future. These companies span various sectors and offer investors a wide range of dividend growth rates and yields. A few of these ...

Other symbols: BENCLXCSLCTBIMCDMDTRLI
6 months ago - Seeking Alpha

MGE Energy Reports Fourth-Quarter and Full-Year 2024 Earnings

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Fourth-Quarter and Full-Year 2024 Earnings.

7 months ago - Business Wire

MGE Energy: Now Is Not The Time To Buy (Rating Downgrade)

Last summer, MGE Energy announced a dividend increase for the 49th consecutive year. The company upped its five-year capital investment outlook. MGEE enjoys an AA- credit rating from S&P on a stable o...

8 months ago - Seeking Alpha

MGE Energy Reports Third-Quarter 2024 Earnings

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Third-Quarter 2024 Earnings.

11 months ago - Business Wire

5 September Dividend Raises- Yield Up To 4.9%

September was a splendid month for my 85-stock portfolio with five dividend raises, enhancing the joy for dividend-loving investing. Duke Energy, MGE Energy, Simon Property Group, Union Pacific, and B...

Other symbols: AVGODUKSPGUNP
1 year ago - Seeking Alpha

14 Upcoming Dividend Increases Including 2 Kings

Fourteen upcoming dividend increases, including two Dividend Kings: Nordson Corp with a 14.7% increase and Dover Corp with a 1% increase. New challengers Cactus Inc. and Murphy USA join the list with ...

1 year ago - Seeking Alpha

MGE Energy: Buy This Dividend Champion While It's On Sale

MGE Energy is a Dividend Champion, closing in on the vaunted Dividend King title. The electric and gas utility is forecasting significant investments over the next several years to keep up with electr...

1 year ago - Seeking Alpha

MGE Energy Reports Second-Quarter 2024 Earnings

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Second-Quarter 2024 Earnings.

1 year ago - Business Wire

MGE Energy Issues June 2024 'Inside View'

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Issues June 2024 'Inside View'.

1 year ago - Business Wire

MGE Energy: Now No Longer A Hidden Gem Utility

Since my buy rating in March, shares of MGE Energy have soared 29%. The company's operating revenue dipped as diluted EPS surged higher in the first quarter. MGEE's interest coverage ratio was very st...

1 year ago - Seeking Alpha