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MGEE Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

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High
75.800
Open
75.350
VWAP
75.39
Vol
427.48K
Mkt Cap
2.85B
Low
74.875
Amount
32.23M
EV/EBITDA(TTM)
13.25
Total Shares
37.75M
EV
3.79B
EV/OCF(TTM)
14.23
P/S(TTM)
3.60
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, transmission investments, and all other. 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 facilitates out-of-state electric transmission development and investments.
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Events Timeline

(ET)
2026-05-07
06:20:00
Morgan Stanley and Others Jointly Manage New Stock Offering
select
2026-05-06 (ET)
2026-05-06
17:00:00
Morgan Stanley, BofA and JPMorgan Jointly Manage Offering
select
2026-05-06
16:40:00
Morgan Stanley and Others Jointly Manage New Offering
select

News

seekingalpha
8.0
05-19seekingalpha
MGE Energy Declares Quarterly Dividend of $0.475 per Share
  • Quarterly Dividend Declaration: MGE Energy has declared a quarterly dividend of $0.475 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability, which is likely to attract more long-term investors.
  • Dividend Yield: The forward yield of 2.53% provides investors with a relatively robust return, reflecting the company's appeal in the current market environment and enhancing its attractiveness to income-focused investors.
  • Dividend Payment Timeline: The dividend is payable on June 15, with a record date of June 1 and an ex-dividend date also set for June 1, ensuring shareholders receive their earnings in a timely manner and maintaining investor confidence.
  • Stock Offering Initiative: MGE Energy has launched a $250 million common stock offering aimed at strengthening its capital structure and supporting future growth strategies, demonstrating the company's proactive approach to expanding its business operations.
Newsfilter
8.0
05-19Newsfilter
MGE Energy Declares Quarterly Dividend
  • Quarterly Dividend Declaration: MGE Energy's board has declared a quarterly dividend of $0.4750 per share, payable on June 15, 2026, reflecting the company's ongoing commitment to shareholder returns.
  • Consistent Dividend Growth: MGE Energy has increased its dividend annually for 50 years and has paid cash dividends for over 110 years, demonstrating its stable financial performance and attractiveness to investors.
  • Expanding Customer Base: MGE Energy's principal subsidiary, Madison Gas and Electric, serves 170,000 customers in Dane County, Wisconsin, and provides natural gas to 180,000 customers across seven counties, showcasing its strong regional market presence.
  • Long-standing Company History: With roots dating back over 150 years in the Madison area, MGE Energy's historical experience provides a significant strategic advantage in the competitive utility industry.
Yahoo Finance
8.5
05-07Yahoo Finance
MGE Energy Prices Public Offering of 3.3 Million Shares
  • Offering Size: MGE Energy announced a public offering of 3,300,331 shares at $75.75 per share, with 990,099 shares sold directly by the company and 2,310,232 shares sold through forward sale agreements, indicating an active financing strategy in the capital markets.
  • Underwriter Arrangement: Morgan Stanley, Guggenheim Securities, BofA Securities, and J.P. Morgan are acting as joint book-running managers for the offering, expected to close on May 8, 2026, reflecting the company's collaboration with top financial institutions and enhancing market confidence.
  • Forward Sale Agreements: MGE Energy entered into forward sale agreements with Morgan Stanley, BofA Securities, and J.P. Morgan, with an initial forward sale price of $72.9094 per share, expected to settle within 20 months, providing flexibility in financing amidst market fluctuations.
  • Use of Proceeds: The company intends to use the net proceeds from the offering for general corporate purposes, including repayment of short-term debt and capital expenditures, demonstrating its focus on financial stability and strategic growth initiatives.
seekingalpha
8.5
05-06seekingalpha
MGE Energy Launches $250 Million Stock Offering
  • Offering Announcement: MGE Energy has initiated a public offering of $250 million in common stock, with an expectation to sell approximately $75 million directly, while the remaining $175 million will be sold by forward sellers under forward sale agreements, indicating the company's financing flexibility under market conditions.
  • Underwriter Option: The company may grant underwriters a 30-day option to purchase up to $37.5 million in additional shares, a strategy aimed at enhancing market appeal for the offering and providing more options for future financing.
  • Clear Use of Proceeds: Proceeds from the offering will be allocated for general corporate purposes, including debt repayment, capital expenditures, and investments in subsidiaries, reflecting the company's strategic intent to optimize its financial structure and support business growth.
  • Stock Price Reaction: Following the announcement, MGE Energy's stock price fell 6.56% in after-hours trading to $75.50, indicating a cautious market response to the offering, which may impact investor confidence.
seekingalpha
9.5
05-06seekingalpha
MGE Energypress Reports Q1 Earnings with Revenue Growth
  • Earnings Highlights: MGE Energypress's Q1 report reveals a GAAP EPS of $1.32 and revenue of $242.7 million, reflecting a 10.8% year-over-year growth, indicating robust growth and improved profitability in the electricity market.
  • Electric Segment Performance: Earnings from the electric segment increased by $5.5 million in 2026 compared to 2025, showcasing the company's ongoing investments and rising market demand, thereby strengthening its position in the competitive utilities sector.
  • Market Short Interest Trends: In the utilities sector, OKLO and OTTR exhibit the highest short interest, while BIP and MGEE show the lowest, suggesting increased market confidence in MGE Energy, potentially attracting more investor attention.
  • Quant Rating Insights: Seeking Alpha's Quant Rating on MGE Energy highlights its competitiveness within the industry, and when combined with historical earnings data and dividend scorecards, it further bolsters investor confidence in the company.
Newsfilter
9.5
05-05Newsfilter
MGE Energy Reports Q1 2026 Financial Results
  • Financial Performance Boost: MGE Energy's Q1 2026 GAAP net income reached $48.5 million, or $1.32 per share, marking a significant increase from $41.6 million and $1.14 per share in Q1 2025, reflecting the company's robust market performance.
  • Electric Segment Growth: Earnings from the electric segment rose by $5.5 million compared to 2025, primarily due to successful strategic capital investments that expanded the rate base, indicating effective deployment of renewable energy projects.
  • Stable Gas Income: The gas segment's net income remained steady with minimal variation from Q1 2025, showcasing the company's ongoing stability in the gas market, which contributes positively to overall financial health.
  • Operating Revenue Increase: Operating revenues for Q1 2026 reached $242.7 million, up from $218.97 million in 2025, indicating positive developments in customer base and market demand for MGE Energy's services.
Wall Street analysts forecast MGEE stock price to rise
1 Analyst Rating
Wall Street analysts forecast MGEE stock price to rise
0 Buy
0 Hold
1 Sell
Moderate Sell
Current: 0.000
sliders
Low
71.00
Averages
71.00
High
71.00
Current: 0.000
sliders
Low
71.00
Averages
71.00
High
71.00
Freedom Broker
Matvey Tayts
Hold
initiated
$77
AI Analysis
2026-05-29
New
Reason
Freedom Broker
Matvey Tayts
Price Target
$77
AI Analysis
2026-05-29
New
initiated
Hold
Reason
Freedom Broker analyst Matvey Tayts initiated coverage of MGE Energy with a Hold rating and $77 price target. The company offers \"defensive\" regulated utility earnings but the shares are fairly valued at current levels, the analyst tells investors in a research note.
Morgan Stanley
David Arcaro
Underweight
downgrade
$78 -> $74
2026-04-27
Reason
Morgan Stanley
David Arcaro
Price Target
$78 -> $74
2026-04-27
downgrade
Underweight
Reason
Morgan Stanley analyst David Arcaro lowered the firm's price target on MGE Energy to $74 from $78 and keeps an Underweight rating on the shares.
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Valuation Metrics

The current forward P/E ratio for MGE Energy Inc (MGEE.O) is 25.25, compared to its 5-year average forward P/E of 22.92. For a more detailed relative valuation and DCF analysis to assess MGE Energy Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
22.92
Current PE
25.25
Overvalued PE
25.35
Undervalued PE
20.49

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
14.02
Current EV/EBITDA
12.22
Overvalued EV/EBITDA
15.28
Undervalued EV/EBITDA
12.76

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
4.17
Current PS
3.43
Overvalued PS
4.69
Undervalued PS
3.65

Financials

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Frequently Asked Questions

What is MGE Energy Inc (MGEE) stock price today?

The current price of MGEE is 75.5 USD — it has decreased -0.13

What is MGE Energy Inc (MGEE)'s business?

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, transmission investments, and all other. 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 facilitates out-of-state electric transmission development and investments.

What is the price predicton of MGEE Stock?

Wall Street analysts forecast MGEE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MGEE is71.00 USD with a low forecast of 71.00 USD and a high forecast of 71.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is MGE Energy Inc (MGEE)'s revenue for the last quarter?

MGE Energy Inc revenue for the last quarter amounts to 242.70M USD, increased 10.84

What is MGE Energy Inc (MGEE)'s earnings per share (EPS) for the last quarter?

MGE Energy Inc. EPS for the last quarter amounts to 1.32 USD, increased 15.79

How many employees does MGE Energy Inc (MGEE). have?

MGE Energy Inc (MGEE) has 726 emplpoyees as of May 31 2026.

What is MGE Energy Inc (MGEE) market cap?

Today MGEE has the market capitalization of 2.85B USD.