MGE Energy IncMGEE
About: MGE Energy provides electric service to 161,000 customers and natural gas service to 173,000 customers in Madison, Wisconsin, and surrounding areas. Nearly 90% of customers are residential. The company also owns a 3.6% stake in American Transmission Co. MGE owns interests in two coal power plants that earn guaranteed fixed rates of return, contributing about 20% of earnings. MGE's generation mix is 40% coal, 21% renewable energy, 17% natural gas, and third-party purchased power.
Employees: 719
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
137% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 19
57% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 70
6% more funds holding
Funds holding: 266 [Q3] → 281 (+15) [Q4]
5% more capital invested
Capital invested by funds: $2.03B [Q3] → $2.14B (+$106M) [Q4]
1.39% more ownership
Funds ownership: 61.39% [Q3] → 62.78% (+1.39%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for MGEE.
Financial journalist opinion
