MGE Energy (NASDAQ:MGEE - Get Free Report) will likely be releasing its earnings data before the market opens on Wednesday, February 19th. Analysts expect MGE Energy to post earnings of $0.84 per share for the quarter.
MGE Energy Stock Down 1.1 %
Shares of NASDAQ MGEE traded down $1.02 on Friday, hitting $89.44. The company had a trading volume of 64,831 shares, compared to its average volume of 207,150. The firm has a market capitalization of $3.24 billion, a P/E ratio of 27.35 and a beta of 0.76. MGE Energy has a 12-month low of $61.94 and a 12-month high of $109.22. The company has a quick ratio of 0.94, a current ratio of 1.41 and a debt-to-equity ratio of 0.60. The business has a 50 day moving average of $92.36 and a two-hundred day moving average of $92.50.
MGE Energy Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Saturday, March 15th. Investors of record on Saturday, March 1st will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.01%. The ex-dividend date of this dividend is Friday, February 28th. MGE Energy's dividend payout ratio is currently 55.05%.
Wall Street Analysts Forecast Growth
Separately, LADENBURG THALM/SH SH raised MGE Energy to a "strong sell" rating in a report on Thursday, December 12th.
Get Our Latest Report on MGE Energy
MGE Energy Company Profile
(
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MGE Energy, Inc, through its subsidiaries, operates as a public utility holding company primarily in the United States. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other segments. The company generates, purchases, and distributes electricity and natural gas in Wisconsin and Iowa; owns and leases electric generating capacity; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission power services.
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