MGE Energy Inc
MGEE
Market cap $3.22B

88.06 USD

-0.43

0.49%

At close Jul 10, 4:00 PM EDT

After hours

88.06

+0.00

0.00%

1 day

-0.49%

5 days

-1.65%

1 month

-1.77%

3 months

0.33%

6 months

-0.20%

Year to date

-5.27%

1 year

14.92%

5 years

38.33%

10 years

118.84%

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: 717

Utilities Electric Utilities

0

Funds holding %

of 7,312 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

18% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 34

1% more funds holding

Funds holding: 292 [Q4 2024] → 294 (+2) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]

1% less repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 95

2% less capital invested

Capital invested by funds: $2.14B [Q4 2024] → $2.09B (-$50.9M) [Q1 2025]

1.35% less ownership

Funds ownership: 62.93% [Q4 2024] → 61.58% (-1.35%) [Q1 2025]

See Fund Rankings

Research analyst outlook

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

Low target

$74

16%

downside

Avg. target

$74

16%

downside

High target

$74

16%

downside

1 analyst rating

0 positive

0%

0 neutral

0%

1 negative

100%

Morgan Stanley

Stephen Byrd

16%downside

$74

Underweight

Maintained

22 May 2025

See Analyst Rankings

Financial journalist opinion

MGE Energy Issues June 2025 'Inside View'

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Issues June 2025 'Inside View'.

MGE Energy Issues June 2025 'Inside View'

MGE Energy Declares Regular Dividend

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Declares Regular Dividend.

MGE Energy Declares Regular Dividend

MGE Energy to Present at the 2025 AGA Financial Forum

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy, Inc. (Nasdaq: MGEE), management will be presenting at the 2025 AGA Financial Forum on May 18, 2025.

MGE Energy to Present at the 2025 AGA Financial Forum

Zacks Investment Research

MGE (MGEE) Q1 Earnings and Revenues Surpass Estimates

MGE (MGEE) came out with quarterly earnings of $1.14 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $0.93 per share a year ago.

MGE (MGEE) Q1 Earnings and Revenues Surpass Estimates

MGE Energy Reports First-Quarter 2025 Earnings

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports First-Quarter 2025 Earnings.

MGE Energy Reports First-Quarter 2025 Earnings

Zacks Investment Research

MGE (MGEE) Earnings Expected to Grow: What to Know Ahead of Q1 Release

MGE (MGEE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

MGE (MGEE) Earnings Expected to Grow: What to Know Ahead of Q1 Release

MGE to Add More Local Solar and Battery Storage with Sunnyside Solar Energy Center

MADISON, Wis.--(BUSINESS WIRE)--MGE to Add More Local Solar and Battery Storage with Sunnyside Solar Energy Center.

MGE to Add More Local Solar and Battery Storage with Sunnyside Solar Energy Center

MGE Energy: This Small Utility Looks Substantially Overvalued

MGE Energy, Inc., a small utility serving Madison, Wisconsin, has a high market capitalization relative to its customer base, suggesting potential overvaluation. Despite a strong historical performance, MGE Energy's low dividend yield and high valuation metrics make it less attractive compared to peers. The company plans significant capital investments in solar and wind projects, which may not be economically optimal but will support rate increases.

MGE Energy: This Small Utility Looks Substantially Overvalued

MGE to Add More Solar and Battery Storage With Purchase of High Noon Solar Energy Center

MADISON, Wis.--(BUSINESS WIRE)--MGE to Add More Solar and Battery Storage with Purchase of High Noon Solar Energy Center.

MGE to Add More Solar and Battery Storage With Purchase of High Noon Solar Energy Center

Dividend Kings Of The Future Continued

A list of 8 companies that are projected to reach Dividend King status in the future. These companies offer various dividend yields ranging from 0.80% to nearly 4.5%. The average 10-year dividend growth rate for these 8 companies is 8.6%, well above typical inflation.

Dividend Kings Of The Future Continued

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