MGE Energy, Inc.
MGEE
NASDAQ·Utilities·Regulated Electric·Mkt cap $2.9B
$77.37
▼ -0.30%
P/E
19.01
Mkt Cap
$2.9B
52-Wk Range
$72.16–$87.94
52-Week Range
$72.16 - $87.94
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Down 8.9% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
5 reasons
- Regulated utility monopoly in Dane County and seven Wisconsin counties providing stable, predictable revenue streams
- Diversified generation portfolio reducing fuel price volatility and regulatory risk
- Established transmission infrastructure and investment capabilities supporting regional grid reliability
- Dual utility model (electricity and natural gas) enabling cross-selling and operational synergies
- Strong regional market position with 328,000+ customers in stable Midwestern demographics
Bear Case
2 risks
- Low volatility (beta 0.7).
- Premium valuation to Multi-Utilities peers
Growth
Stable outlook
Renewable energy expansion and transition away from coal-fired generation supporting ESG objectives
Value
Premium valuation to Multi-Utilities peers
Momentum
Strong
+5.1% over 3m
Quality
Excellent
Strong fundamentals
Dividend
Solid
2.49% yield
Smart-money signal
Who's buying MGEE right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Recent earnings results
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Nov 4, 2026
AUG 5, 2026
Reported EPS of $0.89 vs $0.77 consensus (+15.6% surprise). Revenue of $161.2M vs $166.4M expected (-3.1%).
EPS surprise · last 4Q
1 of 1 beats
Estimate
Actual
Q3 26
+15.6%
Revenue trend · last 8Q
—
+4%
+14%
+9%
+4%
+11%
+11%
+1%
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
Q2 26
$168.5M
$171.4M
$219.0M
$159.5M
$175.7M
$189.6M
$242.7M
$161.2M
Margins · last 8Q
Gross
96.4%
Operating
20.3%
Profit
20.7%
Wall Street consensus
1 analyst · 0% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
0%
Hold
0%
Sell
100%
Median Price Target
—
Latest: Morgan Stanley · Jul 22, 2026
vs Industry
How MGEE stacks vs Regulated Electric
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
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