MGE Energy, Inc. (MGEE)
| Market Cap | 2.95B -11.0% |
| Revenue (ttm) | 750.39M +9.1% |
| Net Income | 142.78M +11.2% |
| EPS | 3.90 +10.3% |
| Shares Out | 40.06M |
| PE Ratio | 18.88 |
| Forward PE | 18.05 |
| Dividend | $1.90 (2.58%) |
| Ex-Dividend Date | Feb 27, 2026 |
| Volume | 748,073 |
| Open | 74.75 |
| Previous Close | 74.65 |
| Day's Range | 73.00 - 74.75 |
| 52-Week Range | 72.17 - 94.00 |
| Beta | 0.75 |
| Analysts | Sell |
| Price Target | 80.50 (+9.3%) |
| Earnings Date | May 5, 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 2 analysts, the average rating for MGEE stock is "Sell." The 12-month stock price target is $80.5, which is an increase of 9.30% from the latest price.
News
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 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.
MGE Energy price target lowered to $78 from $79 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on MGE Energy (MGEE) to $78 from $79 and keeps an Underweight rating on the shares. The firm is updating the price targets…
MGE Energy price target raised to $79 from $77 at Morgan Stanley
Morgan Stanley raised the firm’s price target on MGE Energy (MGEE) to $79 from $77 and keeps an Underweight rating on the shares. The firm is updating the price targets…
MGE Energy Reports Fourth-Quarter and Full-Year 2025 Earnings
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Fourth-Quarter and Full-Year 2025 Earnings.
MGE Energy price target raised to $77 from $73 at Morgan Stanley
Morgan Stanley raised the firm’s price target on MGE Energy (MGEE) to $77 from $73. The firm is updating its price targets for Regulated & Diversified Utilities / IPPs stocks…
MGE Energy price target lowered to $73 from $74 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on MGE Energy (MGEE) to $73 from $74 and keeps an Underweight rating on the shares.
MGE Energy price target raised to $74 from $71 at Morgan Stanley
Morgan Stanley raised the firm’s price target on MGE Energy (MGEE) to $74 from $71 and keeps an Underweight rating on the shares. The firm is updating its Regulated &…
MGE Energy Declares Regular Dividend
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Declares Regular Dividend.
MGE Energy price target lowered to $71 from $75 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on MGE Energy (MGEE) to $71 from $75 and keeps an Underweight rating on the shares. Utility performance will be heavily driven by…
MGE to Add More Solar, Battery Storage and Wind
MADISON, Wis.--(BUSINESS WIRE)--MGE to Add More Solar, Battery Storage and Wind.
MGE Energy price target lowered to $75 from $77 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on MGE Energy (MGEE) to $75 from $77 and keeps an Underweight rating on the shares. The firm is updating its price targets…
MGE Looks to Add More Solar and Battery Storage to Serve Customers
MADISON, Wis.--(BUSINESS WIRE)--MGE Looks to Add More Solar and Battery Storage to Serve Customers.
MGE Energy reports Q3 EPS $1.22, one estimate $1.19
Reports Q3 revenue $175.68M vs. $168.48M last year.
MGE Energy Reports Third-Quarter 2025 Earnings
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Third-Quarter 2025 Earnings.
MGE Energy price target raised to $77 from $75 at Morgan Stanley
Morgan Stanley raised the firm’s price target on MGE Energy (MGEE) to $77 from $75 and keeps an Underweight rating on the shares. The firm is updating its price targets…
MGE Energy price target lowered to $75 from $76 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on MGE Energy (MGEE) to $75 from $76 and keeps an Underweight rating on the shares. The firm is updating its price targets…
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...
MGE Energy upgraded to Neutral from Sell at Ladenburg
Ladenburg upgraded MGE Energy (MGEE) to Neutral from Sell with a price target of $83, up from $69. The firm cites valuation for the upgrade after increasing its estimates. Published…
MGE Energy price target raised to $76 from $75 at Morgan Stanley
Morgan Stanley raised the firm’s price target on MGE Energy (MGEE) to $76 from $75 and keeps an Underweight rating on the shares. The firm is updating its price targets…
MGE Energy increases quarterly dividend 5.6% to 47.5c per share
The board of directors of MGE Energy (MGEE) increased the regular quarterly dividend rate 5.6% to 47.50c per share on the outstanding shares of the company’s common stock. The dividend…