MGEE stock icon

MGE Energy Inc
MGEE

$86.40
0.82%

Market Cap: $3.13B

0
Funds holding %
of 6,686 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

193% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 15

30% more repeat investments, than reductions

Existing positions increased: 95 | Existing positions reduced: 73

13% more funds holding

Funds holding: 225 [Q1] → 254 (+29) [Q2]

3.51% less ownership

Funds ownership: 64.73% [Q1] → 61.21% (-3.51%) [Q2]

10% less capital invested

Capital invested by funds: $1.84B [Q1] → $1.65B (-$188M) [Q2]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$65
25%
downside
Avg. target
$68
21%
downside
High target
$71
18%
downside

2 analyst ratings

positive
0%
neutral
0%
negative
100%
Morgan Stanley
Stephen Byrd
60% 1-year accuracy
40 / 67 met price target
18%downside
$71
Underweight
Maintained
23 Aug 2024
Morgan Stanley
Stephen Byrd
60% 1-year accuracy
40 / 67 met price target
25%downside
$65
Underweight
Maintained
24 Jun 2024

Financial journalist opinion