MGEE
MGE Energy, Inc. NASDAQ Listed Mar 17, 1980$74.45
-0.73%
vs $75.00
Mkt Cap $2.8B
52w Low $72.16
14.5% of range
52w High $87.94
50d MA $79.69
200d MA $78.75
P/E (TTM)
18.9x
EV/EBITDA
12.0x
P/B
2.1x
Debt/Equity
0.7x
ROE
10.4%
P/FCF
-34.3x
RSI (14)
19.60
ATR (14)
$1.31
Beta
0.79
50d MA
$79.69
200d MA
$78.75
Avg Volume
145.1K
MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other. The company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources, as well as purchases power under short and long-term commitments. As of December 31, 2021, the company generated and distributed electricity to 159,000 customers in Dane County, Wisconsin; and purchased and distributed natural gas to 169,000 customers in seven Wisconsin counties. MGE Energy, Inc.is headquartered in Madison, Wisconsin.
133 South Blair Street · Madison, WI 53788 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 25, 2026 | AMC | 0.64 | 0.64 | +0.0% | 81.56 | +0.4% | +1.0% | -0.4% | -0.2% | -0.7% | -0.2% | — |
| Nov 5, 2025 | AMC | 1.19 | 1.22 | +2.5% | 84.47 | -0.5% | -1.1% | -0.2% | -0.1% | +1.1% | -0.2% | — |
| Aug 6, 2025 | AMC | 0.73 | 0.72 | -1.4% | 83.89 | -0.3% | +0.3% | -1.1% | -0.3% | +2.5% | +0.9% | — |
| May 7, 2025 | AMC | 0.98 | 1.14 | +16.3% | 92.13 | +0.0% | -2.0% | +0.9% | -0.9% | -0.2% | -0.5% | — |
| Feb 25, 2025 | AMC | 0.84 | 0.61 | -27.4% | 94.13 | -0.1% | -0.9% | -2.4% | +0.7% | +1.0% | -1.9% | — |
| Nov 6, 2024 | AMC | 1.17 | 1.13 | -3.4% | 97.32 | -0.2% | +0.0% | +4.3% | +4.6% | +0.6% | +1.2% | — |
| Aug 7, 2024 | AMC | 0.95 | 0.66 | -30.5% | 84.82 | +0.4% | -0.4% | +0.4% | -0.9% | +1.1% | +0.2% | — |
| May 8, 2024 | AMC | 0.94 | 0.93 | -1.1% | 80.09 | -0.5% | +1.9% | -0.5% | +0.5% | -0.2% | -1.2% | — |
| Feb 21, 2024 | AMC | 0.61 | 0.55 | -9.8% | 65.58 | -1.0% | -1.7% | +0.0% | -2.0% | +0.7% | -0.1% | — |
| Nov 2, 2023 | AMC | 1.03 | 1.05 | +1.9% | 74.33 | +1.1% | +0.1% | -1.4% | -1.2% | -0.3% | -0.9% | — |
| Aug 3, 2023 | AMC | 0.70 | 0.79 | +12.9% | 78.87 | -0.3% | -1.5% | -0.4% | -0.5% | -0.1% | -0.4% | — |
| May 4, 2023 | AMC | 1.07 | 0.86 | -19.6% | 77.96 | -0.1% | +0.1% | -0.5% | +0.1% | +0.3% | -0.7% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 8 | Ladenburg Thalmann | Upgrade | Neutral → Buy | $81 | $75.66 | $75.98 | +0.4% | +0.4% | +1.3% | +1.0% | -1.3% | +1.3% |
| Apr 21 | Morgan Stanley | Maintains | Underweight → Underweight | — | $78.34 | $78.18 | -0.2% | +0.4% | -0.0% | +2.4% | -0.5% | +1.1% |
| Feb 2 | Morgan Stanley | Maintains | Underweight → Underweight | — | $79.88 | $79.94 | +0.1% | -1.1% | +0.2% | +1.4% | +0.8% | -1.6% |
| Sep 25 | Morgan Stanley | Maintains | Underweight → Underweight | — | $84.03 | $84.15 | +0.1% | -1.2% | +0.3% | +0.5% | +0.6% | -1.3% |
| Sep 11 | Ladenburg Thalmann | Upgrade | Sell → Neutral | — | $83.48 | $84.26 | +0.9% | +3.0% | -2.0% | +0.9% | -2.1% | +0.5% |
| May 22 | Morgan Stanley | Maintains | Underweight → Underweight | — | $90.49 | $89.86 | -0.7% | -1.1% | +0.5% | +0.9% | -1.5% | +1.1% |
| Apr 23 | Morgan Stanley | Maintains | Underweight → Underweight | — | $91.39 | $91.39 | +0.0% | -0.4% | -0.3% | -1.0% | +0.2% | +1.6% |
| Mar 20 | Morgan Stanley | Maintains | Underweight → Underweight | — | $92.51 | $91.57 | -1.0% | +0.1% | -1.4% | +0.4% | -1.4% | +0.6% |
| Sep 25 | Morgan Stanley | Maintains | Underweight → Underweight | — | $91.94 | $91.99 | +0.1% | -1.5% | -0.5% | +1.1% | +0.5% | +0.4% |
| Aug 23 | Morgan Stanley | Maintains | Underweight → Underweight | — | $85.71 | $86.03 | +0.4% | +1.8% | +0.0% | -1.6% | +0.1% | +0.7% |
| Jun 24 | Morgan Stanley | Maintains | Underweight → Underweight | — | $75.54 | $75.21 | -0.4% | +1.6% | -1.5% | +0.2% | -0.7% | -0.7% |
| May 28 | Morgan Stanley | Maintains | Underweight → Underweight | — | $78.22 | $78.36 | +0.2% | -0.1% | -1.9% | +1.9% | +2.5% | -1.2% |
| Nov 21 | Morgan Stanley | Maintains | Underweight → Underweight | — | $73.49 | $73.01 | -0.7% | +0.5% | +0.7% | +0.0% | +0.7% | -0.1% |
| Oct 25 | Morgan Stanley | Maintains | Underweight → Underweight | — | $70.51 | $69.93 | -0.8% | +0.6% | -0.2% | -0.3% | +1.1% | +0.4% |
| Sep 21 | Morgan Stanley | Maintains | Underweight → Underweight | — | $74.12 | $74.40 | +0.4% | -0.7% | -0.2% | +0.1% | -3.7% | -0.7% |
| Aug 23 | Morgan Stanley | Maintains | Underweight → Underweight | — | $75.59 | $75.71 | +0.2% | +0.3% | -2.0% | +0.0% | -0.6% | +0.4% |
| Jul 21 | Morgan Stanley | Maintains | Underweight → Underweight | — | $81.84 | $82.00 | +0.2% | +0.3% | +0.4% | -0.1% | -0.5% | -1.1% |
| Jun 23 | Morgan Stanley | Maintains | Underweight → Underweight | — | $78.12 | $77.74 | -0.5% | -2.9% | +1.6% | +2.9% | -1.5% | +0.7% |
| May 22 | Morgan Stanley | Maintains | Underweight → Underweight | — | $75.95 | $76.08 | +0.2% | -0.7% | -0.5% | -1.0% | -1.5% | -0.9% |
| Apr 20 | Morgan Stanley | Maintains | Underweight → Underweight | — | $77.63 | $77.97 | +0.4% | -0.2% | -0.1% | +0.3% | +0.3% | -2.0% |
| Mar 21 | Morgan Stanley | Maintains | Underweight → Underweight | — | $77.86 | $77.96 | +0.1% | -4.0% | -1.6% | -1.0% | +4.2% | +1.0% |
| Feb 22 | Morgan Stanley | Maintains | Underweight → Underweight | — | $70.95 | $70.95 | +0.0% | +0.9% | +0.7% | +0.2% | -1.2% | -0.8% |
| Jan 30 | Morgan Stanley | Maintains | Underweight → Underweight | — | $70.81 | $70.52 | -0.4% | +0.7% | +2.5% | +1.3% | +1.0% | -1.6% |
| Jan 23 | Morgan Stanley | Maintains | Underweight → Underweight | — | $70.71 | $70.38 | -0.5% | -0.7% | -0.6% | +0.5% | +0.5% | +0.3% |
| Dec 15 | Morgan Stanley | Maintains | Underweight → Underweight | — | $71.57 | $71.56 | -0.0% | -1.0% | +0.2% | -1.2% | +0.5% | +0.8% |
| Nov 11 | Morgan Stanley | Maintains | Underweight → Underweight | — | $70.60 | $70.42 | -0.3% | -2.1% | -0.3% | +0.7% | +0.4% | -0.5% |
| Oct 21 | Morgan Stanley | Maintains | Underweight → Underweight | — | $64.55 | $64.69 | +0.2% | +0.3% | -0.1% | +2.2% | -0.2% | +0.7% |
| Sep 22 | Morgan Stanley | Maintains | Underweight → Underweight | — | $74.88 | $74.58 | -0.4% | +0.6% | -2.1% | -1.4% | -2.6% | +0.3% |
| Aug 23 | Morgan Stanley | Maintains | Underweight → Underweight | — | $84.23 | $84.43 | +0.2% | -1.8% | -1.5% | +0.1% | -1.9% | -0.4% |
| Jul 21 | Morgan Stanley | Maintains | Underweight → Underweight | — | $75.24 | $74.96 | -0.4% | -0.3% | +0.7% | +1.4% | +2.1% | -0.4% |
| May 23 | Morgan Stanley | Maintains | Underweight → Underweight | — | $80.97 | $81.14 | +0.2% | -1.1% | -0.2% | +0.1% | +1.0% | -0.0% |
| May 2 | Morgan Stanley | Maintains | Underweight → Underweight | — | $77.87 | $77.75 | -0.2% | -1.4% | +1.0% | +3.4% | -1.0% | -0.0% |
| Apr 20 | Morgan Stanley | Maintains | Underweight → Underweight | — | $82.23 | $82.58 | +0.4% | +1.7% | -1.2% | -1.2% | -1.7% | -1.1% |
| Mar 22 | Morgan Stanley | Maintains | Underweight → Underweight | — | $78.40 | $78.87 | +0.6% | -2.2% | -0.3% | +0.7% | +1.9% | +1.5% |
| Jan 25 | Morgan Stanley | Maintains | Underweight → Underweight | — | $76.82 | $76.13 | -0.9% | -0.8% | -1.0% | +0.1% | +1.2% | +1.3% |
| Dec 21 | Morgan Stanley | Maintains | Underweight → Underweight | — | $78.29 | $79.05 | +1.0% | +0.0% | +1.3% | -0.6% | +0.6% | +0.1% |
| Nov 17 | Morgan Stanley | Downgrade | Equal Weight → Underweight | — | $78.62 | $76.99 | -2.1% | -5.8% | +0.1% | +1.5% | +1.7% | +1.7% |
| Sep 17 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $77.84 | $78.54 | +0.9% | -1.5% | -1.1% | +0.0% | -0.2% | -0.3% |
| Aug 19 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $80.78 | $80.71 | -0.1% | +0.5% | +1.6% | -0.6% | -1.3% | -0.6% |
| Jul 20 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $76.29 | $76.20 | -0.1% | +0.9% | -0.9% | -0.6% | +1.5% | -0.3% |
| Jun 21 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $73.87 | $74.36 | +0.7% | +2.5% | -0.7% | -0.9% | +0.8% | +1.1% |
| May 18 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $74.53 | $74.24 | -0.4% | +0.1% | +0.2% | +0.2% | +0.7% | +0.3% |
| Apr 27 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $74.61 | $74.48 | -0.2% | -1.2% | -0.8% | +1.5% | +0.8% | +0.5% |
| Apr 20 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $73.67 | $73.41 | -0.4% | +1.5% | +0.2% | +0.1% | +0.7% | -1.3% |
| Mar 19 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $70.99 | $70.69 | -0.4% | +1.3% | -2.2% | +0.3% | +1.0% | +0.6% |
| Jan 20 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $66.27 | $66.00 | -0.4% | -0.3% | -0.3% | +0.1% | +1.3% | -1.6% |
| Dec 15 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $70.89 | $71.77 | +1.2% | +2.9% | -1.7% | +1.3% | -1.8% | -2.8% |
| Nov 17 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $74.14 | $73.16 | -1.3% | -1.2% | -4.1% | -0.6% | -0.1% | +1.7% |
| Oct 20 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $66.99 | $67.30 | +0.5% | -0.1% | +0.8% | +1.3% | +0.6% | -0.9% |
| Oct 5 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $63.92 | $63.91 | -0.0% | +0.3% | +1.1% | +0.5% | +2.1% | -0.3% |
| Date | Insider | Title | Type | Shares | Price | Value | Owned After | D1% | D5% |
|---|---|---|---|---|---|---|---|---|---|
| Sep 9, 2026 | Berbee James G | — | Buy | 274 | $77.35 | $21K | 10,013 | -0.47% | — |
| Aug 19, 2026 | Berbee James G | — | Buy | 261 | $81.30 | $21K | 9,738 | -2.26% | -1.30% |
8-K · 8.01
!! High
MGE Energy, Inc. -- 8-K 8.01: Material Event / Announcement
Aug 21
8-K · 2.02
!! High
MGE Energy, Inc. -- 8-K 2.02: Earnings Results
Aug 5
8-K · 5.02
!!! Very High
MGE Energy, Inc. -- 8-K 5.02: Executive Change
Jun 23
8-K
MGE Energy, Inc. -- 8-K Filing
May 22
8-K · 8.01
!! High
MGE Energy, Inc. -- 8-K 8.01: Material Event / Announcement
May 8
8-K · 2.02
!! High
MGE Energy, Inc. -- 8-K 2.02: Earnings Results
MGE Energy reported quarterly or annual earnings results, with detailed financial performance available in the attached press release exhibit for investor review.
May 5
8-K · 5.02
!!! Very High
MGE Energy Inc -- 8-K 5.02: Executive Change
MGE Energy Inc appointed Jared Bushek as director, expanding its board composition and potentially bringing new expertise to the utility company's governance and strategic oversight.
Apr 21
8-K · 7.01
! Medium
MGE Energy Inc -- 8-K 7.01: Regulation FD Disclosure
MGE Energy disclosed updated financial information via an investor presentation, allowing stakeholders to review the company's performance and strategic outlook.
Feb 27
8-K
MGE Energy Inc -- 8-K Filing
MGE Energy established an equity distribution agreement allowing it to sell shares through rotating sales agents, providing flexible capital-raising optionality without fixed timing or pricing commitments.
Feb 24
8-K
MGE Energy Inc -- 8-K Filing
MGE Energy reported full-year 2025 earnings results, with a new Chief Accounting Officer appointment, providing updated financial performance metrics for investors to evaluate the utility company's operational and financial standing.
Feb 24
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Blackrock, Inc. | 6,093,900 | $497M | New | Jun 2026 |
| 2 | Vanguard Portfolio Management Llc | 2,793,808 | $228M | Added | Jun 2026 |
| 3 | Vanguard Capital Management Llc | 1,702,695 | $139M | Added | Jun 2026 |
| 4 | Morgan Stanley | 657,220 | $52M | Reduced | Dec 2025 |
| 5 | Two Sigma Investments, Lp | 486,961 | $40M | Added | Jun 2026 |
| 6 | First Trust Advisors Lp | 446,870 | $35M | Reduced | Mar 2026 |
| 7 | Northern Trust Corp | 360,849 | $28M | Added | Mar 2026 |
| 8 | Nuveen, Llc | 337,689 | $28M | Added | Jun 2026 |
| 9 | Qube Research & Technologies Ltd | 330,037 | $26M | Added | Mar 2026 |
| 10 | Bank Of New York Mellon Corp | 320,415 | $25M | Added | Mar 2026 |
| 11 | Aqr Capital Management Llc | 300,293 | $24M | Added | Jun 2026 |
| 12 | Citadel Advisors Llc | 295,470 | $24M | Added | Jun 2026 |
| 13 | Speece Thorson Capital Group Inc | 195,596 | $15M | Added | Dec 2025 |
| 14 | Principal Financial Group Inc | 174,484 | $14M | Reduced | Dec 2025 |
| 15 | Public Sector Pension Investment Board | 129,684 | $11M | New | Jun 2026 |
| 16 | Victory Capital Management Inc | 134,357 | $10M | Reduced | Mar 2026 |
| 17 | Tudor Investment Corp Et Al | 124,286 | $10M | Reduced | Jun 2026 |
| 18 | Arrowstreet Capital, Limited Partnership | 122,768 | $9M | Added | Mar 2026 |
| 19 | Invesco Ltd. | 116,213 | $9M | Added | Mar 2026 |
| 20 | Soros Fund Management Llc | 106,813 | $9M | New | Jun 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$2.81B
Enterprise Value
$3.53B
P/E (TTM)
18.92x
Forward P/E
18.90x
PEG Ratio
1.80x
P/B
2.09x
P/S
3.54x
P/FCF
-34.29x
EV/EBITDA
11.97x
Shares Out
36.6M
Financials (TTM)
Revenue
$769.1M
Net Income
$149.6M
EBITDA
$294.9M
Free Cash Flow
-$80.0M
Op Cash Flow
$263.2M
EPS Basic
$3.72
EPS Diluted
$4.07
EPS Forward
$3.94
Gross Margin
85.4%
Op Margin
22.0%
Net Margin
19.4%
Balance Sheet
Total Assets
$3.16B
Total Liab.
$1.85B
Total Equity
$1.30B
Cash
$6.6M
LT Debt
$792.2M
Book Value/Sh
$35.69
Debt/Equity
0.72x
Current Ratio
0.77
Quick Ratio
0.55
Returns & Growth
ROE
10.4%
ROA
4.3%
ROIC
5.0%
Rev Growth YoY
+9.8%
EPS Growth YoY
+11.7%
Price Returns
2W
-2.6%
1M
-7.7%
3M
-1.2%
6M
+3.5%
12M
-10.8%
Technicals
52W High
$87.94
52W Low
$72.16
50d MA
$79.69
200d MA
$78.75
RSI (14)
19.60
ATR (14)
$1.31
Beta
0.79
Avg Volume
145K
Dividends
Div Rate
$1.85
Div Yield
2.3%
Frequency
4
Ex-Div Date
Feb 27, 2026
Analyst Price Targets
Consensus
$73.00
High
$73.00
Low
$73.00
Median
$73.00
Data updated apr 26, 2026 12:04pm
· Source: financialmodelingprep.com