MGE Energy, Inc. (MGEE)
| Market Cap | 3.02B -7.7% |
| Revenue (ttm) | 750.39M +9.1% |
| Net Income | 142.78M +11.2% |
| EPS | 3.90 +10.3% |
| Shares Out | 40.06M |
| PE Ratio | 19.36 |
| Forward PE | 18.50 |
| Dividend | $1.90 (2.52%) |
| Ex-Dividend Date | Jun 1, 2026 |
| Volume | 427,469 |
| Open | 75.35 |
| Previous Close | 75.60 |
| Day's Range | 74.88 - 75.80 |
| 52-Week Range | 72.17 - 91.49 |
| Beta | 0.75 |
| Analysts | Sell |
| Price Target | 73.50 (-2.65%) |
| 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 $73.5, which is a decrease of -2.65% from the latest price.
News
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…
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…
MGE Energy Declares Regular Dividend
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Declares Regular Dividend.
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 Quarterly report: Q1 2026
MGE Energy has published its Q1 2026 quarterly earnings report on May 5, 2026.
MGE Energy Earnings release: Q1 2026
MGE Energy released its Q1 2026 earnings on May 5, 2026, summarizing the period's financial results.
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.
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 Proxy statement: Proxy filing
MGE Energy filed a proxy statement on April 23, 2026, providing details for shareholder voting and corporate governance matters.
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 Proxy statement: Proxy filing
MGE Energy filed a proxy statement on April 2, 2026, providing details for shareholder voting and corporate governance matters.
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.
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.
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 Earnings release: Q4 2025
MGE Energy released its Q4 2025 earnings on February 24, 2026, summarizing the period's financial results.
MGE Energy Annual report: Q4 2025
MGE Energy has published its Q4 2025 annual report on February 24, 2026.
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 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…