MGE Energy, Inc. (MGEE)

NASDAQ: MGEE · Real-Time Price · USD
75.92
+0.19 (0.25%)
At close: Jun 18, 2026, 4:00 PM EDT
76.83
+0.91 (1.19%)
After-hours: Jun 18, 2026, 7:07 PM EDT
Market Cap3.04B -6.3%
Revenue (ttm)750.39M +9.1%
Net Income142.78M +11.2%
EPS3.90 +10.3%
Shares Out 40.06M
PE Ratio19.46
Forward PE18.61
Dividend$1.90 (2.50%)
Ex-Dividend DateJun 1, 2026
Volume623,886
Open76.07
Previous Close75.73
Day's Range75.20 - 77.25
52-Week Range72.16 - 91.49
Beta0.73
AnalystsHold
Price Target76.25 (+0.43%)
Earnings DateAug 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]

Sector Utilities
Founded 1855
Employees 726
Stock Exchange NASDAQ
Ticker Symbol MGEE
Full Company Profile

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 Statements

Analyst Summary

According to 4 analysts, the average rating for MGEE stock is "Hold." The 12-month stock price target is $76.25, which is an increase of 0.43% from the latest price.

Price Target
$76.25
(0.43% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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.

12 days ago - TheFly

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…

22 days ago - TheFly

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…

4 weeks ago - TheFly

MGE Energy Declares Regular Dividend

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

4 weeks ago - Business Wire

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.

6 weeks ago - TheFly

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.

6 weeks ago - Business Wire

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.

6 weeks ago - TheFly

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.

6 weeks ago - TheFly

MGE Energy Reports First-Quarter 2026 Earnings

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports First-Quarter 2026 Earnings.

6 weeks ago - Business Wire

MGE Energy Quarterly report: Q1 2026

MGE Energy has published its Q1 2026 quarterly earnings report on May 5, 2026.

6 weeks ago - Filings

MGE Energy Earnings release: Q1 2026

MGE Energy released its Q1 2026 earnings on May 5, 2026, summarizing the period's financial results.

6 weeks ago - Filings

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.

6 weeks ago - Filings

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.

7 weeks ago - TheFly

MGE Energy Proxy statement: Proxy filing

MGE Energy filed a proxy statement on April 23, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

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…

2 months ago - TheFly

MGE Energy Proxy statement: Proxy filing

MGE Energy filed a proxy statement on April 2, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

MGE Energy Proxy statement: Proxy filing

MGE Energy filed a proxy statement on April 2, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

MGE Energy Proxy statement: Proxy filing

MGE Energy filed a proxy statement on April 2, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

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…

3 months ago - TheFly

MGE Energy Reports Fourth-Quarter and Full-Year 2025 Earnings

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Fourth-Quarter and Full-Year 2025 Earnings.

4 months ago - Business Wire

MGE Energy Earnings release: Q4 2025

MGE Energy released its Q4 2025 earnings on February 24, 2026, summarizing the period's financial results.

4 months ago - Filings

MGE Energy Annual report: Q4 2025

MGE Energy has published its Q4 2025 annual report on February 24, 2026.

4 months ago - Filings

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…

4 months ago - TheFly

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.

4 months ago - TheFly

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 &…

5 months ago - TheFly