MGE Energy/MGEE

$77.48

-0.93%
-
1D1W1MYTD1YMAX

About MGE Energy

MGE Energy, Inc. is a public utility holding company. The Company's segments include Regulated electric utility operations; Regulated gas utility operations; Nonregulated energy operations, and Transmission investments. The Regulated electric utility operations segment is engaged in generating, purchasing, and distributing electricity through Madison Gas and Electric Company (MGE). The Regulated gas utility operations segment is engaged in purchasing and distributing natural gas through MGE. The Nonregulated energy operations segment owns and leases electric generating capacity that assists MGE through MGE Energy's wholly owned subsidiaries MGE Power Elm Road and MGE Power West Campus. The Transmission investments segment includes the investment in American Transmission Company LLC, which is engaged in the business of providing electric transmission services in Wisconsin, and ATC Holdco LLC, which facilitate out-of-state electric transmission development and investments.

Ticker

MGEE

Sector

Utilities

Trading on

NASDAQ

Industry

Electric Utilities

CEO

Jeffrey Keebler

Employees

719

Headquarters

Madison, United States

MGE Energy Metrics

BasicAdvanced
$2.8B
Market cap
23.80
P/E ratio
$3.25
EPS
0.71
Beta
$1.67
Dividend rate
2.21%
Dividend yield
$2.8B
0.71419
$83.27
$61.94
422K
$1.67
1.516
1.053
64.633
68.417
51.31%
7.35%
4.53%
10.6%
4.89%
23.796
4.055
2.455
2.455
2.03%
2.16%
2.21%
-3.37%
6.05%
8.63%
7.82%
4.94%

What the Analysts think about MGE Energy

Analyst Ratings

Majority rating from 1 analysts.
Sell

Price Targets

Average projection from 1 analyst.
19.98% downside
High $62.00
Low $62.00
$77.48
Current price
$62.00
Average price target

MGE Energy Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
12.15% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$164.6M
2.55%
Net income
$20M
-47.09%
Profit margin
12.15%
-48.41%

MGE Energy Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 9.84%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.86
$0.79
$1.05
$0.55
-
Expected
$1.07
$0.70
$1.04
$0.61
$0.96
Surprise
-19.25%
13.67%
1.45%
-9.84%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for MGE Energy stock?

MGE Energy (MGEE) has a market cap of $2.8B as of April 24, 2024.

What is the P/E ratio for MGE Energy stock?

The price to earnings (P/E) ratio for MGE Energy (MGEE) stock is 23.8 as of April 24, 2024.

Does MGE Energy stock pay dividends?

Yes, the MGE Energy (MGEE) stock pays dividends to shareholders. As of April 24, 2024, the dividend rate is $1.67 and the yield is 2.21%. MGE Energy has a payout ratio of 51.31% on a trailing twelve-month basis.

When is the next MGE Energy dividend payment date?

The next MGE Energy (MGEE) dividend payment date is unconfirmed.

What is the beta indicator for MGE Energy?

MGE Energy (MGEE) has a beta rating of 0.71. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the MGE Energy stock price target?

The target price for MGE Energy (MGEE) stock is $62, which is 21.57% below the current price of $79.05. This is an average based on projections from 1 analyst, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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