NASDAQ:MGEE MGE Energy (MGEE) Stock Price, News & Analysis $91.69 +1.01 (+1.11%) (As of 10/28/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About MGE Energy Stock (NASDAQ:MGEE) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get MGE Energy alerts:Sign Up Key Stats Today's Range$90.70▼$92.1850-Day Range$85.71▼$94.4752-Week Range$61.94▼$94.57Volume73,457 shsAverage Volume220,017 shsMarket Capitalization$3.32 billionP/E Ratio28.74Dividend Yield1.96%Price Target$74.00Consensus RatingSell Company OverviewMGE 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. It generates electricity from coal-fired, gas-fired, and renewable energy sources. As of December 31, 2023, the company owned and operated 835 miles of overhead electric distribution lines; 1,330 miles of underground electric distribution cables; 49 substations with an installed capacity of 1.2 million kVA; and gas facilities, including 3,066 miles of distribution mains, as well as supplied electric service to approximately 163,000 customers. MGE Energy, Inc. founded in 2001 and is headquartered in Madison, Wisconsin.Read More… Election warning coming true… (Ad)If you missed it, my emergency election broadcast is now available - watch it before it's too late.Click here to watch it now. MGE Energy Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks63rd Percentile Overall ScoreMGEE MarketRank™: MGE Energy scored higher than 63% of companies evaluated by MarketBeat, and ranked 66th out of 95 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion0.5 / 5Analyst RatingSell Consensus RatingMGE Energy has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.Amount of Analyst CoverageMGE Energy has only been the subject of 1 research reports in the past 90 days.Read more about MGE Energy's stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth9.21% Earnings GrowthEarnings for MGE Energy are expected to grow by 9.21% in the coming year, from $3.69 to $4.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MGE Energy is 28.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.96.Price to Earnings Ratio vs. SectorThe P/E ratio of MGE Energy is 28.74, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 101.48.Price to Book Value per Share RatioMGE Energy has a P/B Ratio of 2.91. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about MGE Energy's valuation and earnings. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted4.10% of the float of MGE Energy has been sold short.Short Interest Ratio / Days to CoverMGE Energy has a short interest ratio ("days to cover") of 14.8, which indicates bearish sentiment.Change versus previous monthShort interest in MGE Energy has recently increased by 0.68%, indicating that investor sentiment is decreasing. Dividend4.2 / 5Dividend StrengthStrong Dividend YieldMGE Energy pays a meaningful dividend of 1.96%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMGE Energy has been increasing its dividend for 49 years.Dividend CoverageThe dividend payout ratio of MGE Energy is 54.22%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, MGE Energy will have a dividend payout ratio of 44.67% next year. This indicates that MGE Energy will be able to sustain or increase its dividend.Read more about MGE Energy's dividend. Sustainability and ESG2.0 / 5Environmental Score-3.39 Percentage of Shares Shorted4.10% of the float of MGE Energy has been sold short.Short Interest Ratio / Days to CoverMGE Energy has a short interest ratio ("days to cover") of 14.8, which indicates bearish sentiment.Change versus previous monthShort interest in MGE Energy has recently increased by 0.68%, indicating that investor sentiment is decreasing. News and Social Media2.5 / 5News Sentiment1.45 News SentimentMGE Energy has a news sentiment score of 1.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 2 news articles for MGE Energy this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 1 people have added MGE Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Company Ownership0.8 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, MGE Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.19% of the stock of MGE Energy is held by insiders.Percentage Held by Institutions52.58% of the stock of MGE Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about MGE Energy's insider trading history. Receive MGEE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MGE Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address MGEE Stock News HeadlinesMGE Energy, Inc.'s (NASDAQ:MGEE) institutional investors lost 3.2% over the past week but have profited from longer-term gainsOctober 9, 2024 | finance.yahoo.comMorgan Stanley Sticks to Its Sell Rating for MGE Energy (MGEE)September 25, 2024 | markets.businessinsider.comMan who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.October 29, 2024 | Paradigm Press (Ad)MGE Energy's (NASDAQ:MGEE) Returns Have Hit A WallSeptember 19, 2024 | finance.yahoo.comMGE Energy Issues September 2024 'Inside View'September 13, 2024 | finance.yahoo.comMGE Energy (NASDAQ:MGEE) shareholders have earned a 19% return over the last yearAugust 29, 2024 | finance.yahoo.comMorgan Stanley Remains a Sell on MGE Energy (MGEE)August 24, 2024 | markets.businessinsider.comMGE Energy Approaches Dividend Royalty With 5.3% Payout BoostAugust 18, 2024 | marketwatch.comSee More Headlines MGEE Stock Analysis - Frequently Asked Questions How have MGEE shares performed this year? MGE Energy's stock was trading at $72.31 at the beginning of 2024. Since then, MGEE shares have increased by 26.8% and is now trading at $91.69. View the best growth stocks for 2024 here. How were MGE Energy's earnings last quarter? MGE Energy, Inc. (NASDAQ:MGEE) released its earnings results on Wednesday, August, 7th. The utilities provider reported $0.66 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.95 by $0.29. The utilities provider had revenue of $145.71 million for the quarter, compared to the consensus estimate of $151.29 million. MGE Energy had a trailing twelve-month return on equity of 10.04% and a net margin of 17.45%. Who are MGE Energy's major shareholders? MGE Energy's top institutional shareholders include US Bancorp DE (0.09%), International Assets Investment Management LLC (0.06%), State of Alaska Department of Revenue (0.06%) and Exchange Traded Concepts LLC (0.05%). Insiders that own company stock include James G Berbee, Scott Robert Smith, James Jerome Lorenz and James L Possin. View institutional ownership trends. How do I buy shares of MGE Energy? Shares of MGEE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of MGE Energy own? Based on aggregate information from My MarketBeat watchlists, some other companies that MGE Energy investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Home Depot (HD) and Netflix (NFLX). Company Calendar Last Earnings8/07/2024Ex-Dividend for 9/15 Dividend8/30/2024Dividend Payable9/15/2024Today10/28/2024Next Earnings (Estimated)11/07/2024Ex-Dividend for 12/15 Dividend11/29/2024Dividend Payable12/15/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorUtilities Industry Electric, gas & sanitary services Sub-IndustryElectric Utilities Current SymbolNASDAQ:MGEE CUSIP55277P10 CIK1161728 Webwww.mgeenergy.com Phone(608) 252-7000Fax608-252-7098Employees700Year FoundedN/APrice Target and Rating Average Stock Price Target$74.00 High Stock Price Target$74.00 Low Stock Price Target$74.00 Potential Upside/Downside-19.3%Consensus RatingSell Rating Score (0-4)1.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$3.32 Trailing P/E Ratio28.74 Forward P/E Ratio24.85 P/E GrowthN/ANet Income$117.70 million Net Margins17.45% Pretax Margin20.22% Return on Equity10.04% Return on Assets4.33% Debt Debt-to-Equity Ratio0.61 Current Ratio1.32 Quick Ratio0.90 Sales & Book Value Annual Sales$662.23 million Price / Sales5.01 Cash Flow$6.09 per share Price / Cash Flow15.06 Book Value$31.53 per share Price / Book2.91Miscellaneous Outstanding Shares36,176,000Free Float36,107,000Market Cap$3.32 billion OptionableOptionable Beta0.70 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report This page (NASDAQ:MGEE) was last updated on 10/29/2024 by MarketBeat.com Staff From Our Partnerstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. 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