MGE Energy, Inc. (MGEE)

NASDAQ: MGEE · IEX Real-Time Price · USD
82.07
-0.09 (-0.11%)
Aug 8, 2022 4:00 PM EDT - Market closed
-0.11%
Market Cap 2.97B
Revenue (ttm) 669.23M
Net Income (ttm) 104.16M
Shares Out 36.16M
EPS (ttm) 2.90
PE Ratio 28.30
Forward PE n/a
Dividend $1.55 (1.89%)
Ex-Dividend Date May 31, 2022
Volume 77,181
Open 82.27
Previous Close 82.16
Day's Range 81.68 - 82.92
52-Week Range 69.23 - 84.97
Beta 0.63
Analysts Sell
Price Target 71.91 (-12.4%)
Earnings Date Aug 3, 2022

About MGEE

MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other. The company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. It also generates... [Read more...]

Industry Electric Utilities
Founded 1855
Employees 723
Stock Exchange NASDAQ
Ticker Symbol MGEE
Full Company Profile

Financial Performance

In 2021, MGE Energy's revenue was $606.58 million, an increase of 12.62% compared to the previous year's $538.63 million. Earnings were $105.76 million, an increase of 14.44%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for MGEE stock is "Sell." The 12-month stock price forecast is 71.91, which is a decrease of -12.38% from the latest price.

Price Target
$71.91
(-12.38% downside)
Analyst Consensus: Sell
Stock Forecasts

News

UTL or MGEE: Which Is the Better Value Stock Right Now?

UTL vs. MGEE: Which Stock Is the Better Value Option?

Other symbols: UTL

MGE Energy Issues Second-Quarter Financial Update

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Issues Second-Quarter Financial Update

MGE (MGEE) Q2 Earnings Lag Estimates

MGE (MGEE) delivered earnings and revenue surprises of -4.76% and 5.72%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

MGE Energy Reports Second-Quarter 2022 Earnings

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Second-Quarter 2022 Earnings

MGE (MGEE) to Report Q2 Results: What You Should Expect

MGE (MGEE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

AVA vs. MGEE: Which Stock Should Value Investors Buy Now?

AVA vs. MGEE: Which Stock Is the Better Value Option?

Other symbols: AVA

MGE Energy Issues June 2022 'Interim Report'

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Issues June 2022 'Interim Report'

Why MGE (MGEE) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MGE (MGEE) have what it takes?

Top 5 Utility Stocks to Stay Safe Amid Wall Street's Free Fall

We have narrowed our search to five utility stocks with solid potential for the rest of 2022. These are: MGEE, VST, GWRS, UTL and CWCO.

Other symbols: CWCOGWRSUTLVST

What Makes MGE (MGEE) a Strong Momentum Stock: Buy Now?

Does MGE (MGEE) have what it takes to be a top stock pick for momentum investors? Let's find out.

MGEE or HE: Which Is a Better Utility Power Stock to Pick?

At present, Hawaiian Electric Industries (HE) appears to be a better choice in the utility space compared with MGE Energy (MGEE).

Other symbols: HE

MGE Energy Issues May 2022 'Inside View'

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Issues May 2022 'Inside View'

MGE Energy Declares Regular Dividend

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

MGE Energy to Present at the 2022 AGA Financial Forum

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy to Present at the 2022 AGA Financial Forum

UTL vs. MGEE: Which Stock Should Value Investors Buy Now?

UTL vs. MGEE: Which Stock Is the Better Value Option?

Other symbols: UTL

MGE Energy Issues First-Quarter Financial Update

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Issues First-Quarter Financial Update

MGE (MGEE) Misses Q1 Earnings Estimates

MGE (MGEE) delivered earnings and revenue surprises of -2.06% and 14.80%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

MGE Energy Reports First-Quarter 2022 Earnings

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports First-Quarter 2022 Earnings

Are You Looking for a High-Growth Dividend Stock? MGE (MGEE) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MGE (MGEE) have what it takes?

MGE (MGEE) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

MGE (MGEE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

MGE Energy Issues March 2022 'Interim Report'

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Issues March 2022 'Interim Report'

MGE Energy to Present at B of A 2022 Power, Utilities and Clean Energy Leaders Conference

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy to Present at B of A 2022 Power, Utilities and Clean Energy Leaders Conference

MGE (MGEE) Q4 Earnings Miss Estimates

MGE (MGEE) delivered earnings and revenue surprises of -20% and 15.76%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

MGE Energy Reports Fourth-Quarter and Full Year 2021 Earnings

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Fourth-Quarter and Full Year 2021 Earnings

MGE (MGEE) Earnings Expected to Grow: Should You Buy?

MGE (MGEE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.