MGE Energy, Inc. (MGEE)

NASDAQ: MGEE · IEX Real-Time Price · USD
73.60
+0.16 (0.22%)
Jun 5, 2023, 12:35 PM EDT - Market open
0.22%
Market Cap 2.66B
Revenue (ttm) 722.83M
Net Income (ttm) 107.61M
Shares Out 36.16M
EPS (ttm) 2.97
PE Ratio 24.72
Forward PE n/a
Dividend $1.63 (2.22%)
Ex-Dividend Date May 31, 2023
Volume 16,491
Open 73.15
Previous Close 73.43
Day's Range 72.83 - 73.76
52-Week Range 61.67 - 86.27
Beta 0.71
Analysts Sell
Price Target 70.00 (-4.88%)
Earnings Date Aug 3, 2023

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]

Sector Utilities
Founded 1855
Employees 731
Stock Exchange NASDAQ
Ticker Symbol MGEE
Full Company Profile

Financial Performance

In 2022, MGE Energy's revenue was $714.52 million, an increase of 17.79% compared to the previous year's $606.58 million. Earnings were $110.95 million, an increase of 4.91%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for MGEE stock is "Sell" and the 12-month stock price forecast is $70.0.

Price Target
$70.0
(-4.88% downside)
Analyst Consensus: Sell
Stock Forecasts

News

MGE Energy Reports First-Quarter 2023 Earnings

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports First-Quarter 2023 Earnings.

1 month ago - Business Wire

These 11 stocks will be Dividend Kings in 5 years or less.

But today, we are serving up the main course with these 11 stocks well on their way to becoming dividend kings. We have ordered this list by how many consecutive years these companies have grown their...

3 months ago - MarketBeat

MGE Energy Reports Fourth-Quarter and Full Year 2022 Earnings

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy, Inc. (Nasdaq: MGEE), today reported financial results for the fourth quarter of 2022 and for the full year of 2022.

3 months ago - Business Wire
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MGE Energy Declares Regular Dividend

MADISON, Wis.--(BUSINESS WIRE)--The board of directors of MGE Energy, Inc. (Nasdaq: MGEE), today declared the regular quarterly dividend of $0.4075 per share on the outstanding shares of the company...

4 months ago - Business Wire

MGE Energy Issues December 2022 'Interim Report'

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy, Inc. (Nasdaq: MGEE) highlights the release of its annual Corporate Responsibility and Sustainability Report in its latest investor newsletter, "Interim Re...

6 months ago - Business Wire

MGE's Use of Solar and Battery Storage to Grow with Purchase of Darien Solar Energy Center

MADISON, Wis.--(BUSINESS WIRE)--Madison Gas and Electric (MGE), in partnership with We Energies and Wisconsin Public Service (WPS), subsidiaries of WEC Energy Group, received approval from the Publi...

6 months ago - Business Wire

MGE Energy Issues Third-Quarter Financial Update

MADISON, Wis.

7 months ago - Business Wire

MGE Energy Reports Third-Quarter 2022 Earnings

MADISON, Wis.

7 months ago - Business Wire
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MGE Energy Issues October 2022 'Inside View'

MADISON, Wis.

8 months ago - Business Wire

MGE Energy Issues September 2022 'Interim Report'

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

9 months ago - Business Wire

MGE Energy Increases Dividend for 47th Consecutive Year

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Increases Dividend for 47th Consecutive Year

10 months ago - Business Wire

MGE Energy Issues Second-Quarter Financial Update

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

10 months ago - Business Wire

MGE Energy Reports Second-Quarter 2022 Earnings

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

10 months ago - Business Wire
}

MGE Energy Issues June 2022 'Interim Report'

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

1 year ago - Business Wire

MGE Energy Issues May 2022 'Inside View'

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

1 year ago - Business Wire

MGE Energy to Present at the 2022 AGA Financial Forum

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

1 year ago - Business Wire

MGE Energy Issues First-Quarter Financial Update

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

1 year ago - Business Wire

MGE Energy Reports First-Quarter 2022 Earnings

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

1 year ago - Business Wire

MGE Energy Issues March 2022 'Interim Report'

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

1 year ago - Business Wire

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

1 year ago - Business Wire

MGE Energy Reports Fourth-Quarter and Full Year 2021 Earnings

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

1 year ago - Business Wire

MGE Energy Issues December 2021 'Interim Report'

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Issues December 2021 'Interim Report'

1 year ago - Business Wire

MGE Energy to Present at EEI Financial Conference

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy to Present at EEI Financial Conference

1 year ago - Business Wire

MGE Energy Reports Third-Quarter Earnings

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

1 year ago - Business Wire

MGE Energy Issues October 2021 'Inside View'

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Issues October 2021 'Inside View'

1 year ago - Business Wire