MGE Energy, Inc. (MGEE)
| Market Cap | 2.40B |
| Revenue (ttm) | 538.63M |
| Net Income (ttm) | 92.42M |
| Shares Out | 35.61M |
| EPS (ttm) | 2.65 |
| PE Ratio | 24.58 |
| Forward PE | n/a |
| Dividend | $1.43 |
| Dividend Yield | 2.19% |
| Trading Day | February 24 |
| Last Price | $65.07 |
| Previous Close | $66.59 |
| Change ($) | -1.52 |
| Change (%) | -2.28% |
| Day's Open | 66.87 |
| Day's Range | 65.07 - 67.32 |
| Day's Volume | 182,038 |
| 52-Week Range | 46.44 - 78.47 |
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Fourth-Quarter Earnings
MGE Energy's (MGEE) solid fundamentals along with efficient management of debts make it an attractive bet right now.
Electricity consumption in the United States seems poised to rise, making it prudent to invest in names like CenterPoint Energy (CNP) and MGE Energy (MGEE)
MGE Energy offers a safe dividend yield of 1.91%. The stock is showing EPS growth for 2020 versus 2019, despite the COVID-19 pandemic impact.
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?
The stock market will continue to be volatile heading toward the election day, which calls for investing in low-beta defensive players like Sempra Energy (SRE) and Newell Brands (NWL).
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?
With September's volatility being no match for what's coming with the presidential election, it's prudent to invest in stocks that provide risk-adjusted returns.
MGE Energy's (MGEE) efficient management of debts and strong fundamentals make it a solid pick 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?
All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List.
This article series provides a weekly summary of dividend changes, including dividend increases and dividend cuts or suspensions.
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About MGEE
MGE Energy, through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through five segments: 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 ... [Read more...]
| Industry Utilities-Diversified | Founded 1855 |
| CEO Jeffrey M. Keebler | |
| Stock Exchange NASDAQ | Ticker Symbol MGEE |
Financial Performance
In 2020, MGE Energy's revenue was $538.63 million, a decrease of -5.31% compared to the previous year's $568.86 million. Earnings were $92.42 million, an increase of 6.38%.
Analyst Forecasts
According to 2 analysts, the average rating for MGE Energy stock is "Sell." The 12-month stock price forecast is 61.50, which is a decrease of -5.49% from the latest price.