MGE Energy, Inc. MGEE
Nov 5, 2026, 1:05 PM EST
- YTD
- -0.47%
- 1 year
- -7.60%
- Market cap
- 2.96B
- Revenue (ttm)
- 752.13M
- Profit margin
- 19.90%
- EPS (ttm)
- 4.34
- Shares out
- 37.78M
- P/E ratio
- 18.05
- Forward P/E
- 18.47
- Dividend
- 2.03 (2.70%)
- Ex-dividend date
- Nov 30, 2026
- YTD return
- -0.47%
- 1-year return
- -7.60%
- Volume
- 129.94K
- Avg volume
- 169.44K
- Open
- 78.27
- Previous close
- 77.59
- Day's range
- 77.86 – 79.99
- 52-week range
- 68.01 – 85.30
- Beta
- 0.68
- Analysts
- Hold
- Price target
- 77.33 (-0.9%)
- Earnings date
- Feb 23, 2027
2Y -12.35 (-13.60%)
Key statistics
- Enterprise value
- 3.71B
- PEG ratio
- 4.12
- Price / sales
- 3.90
- Price / book
- 2.03
- Dividend yield
- 2.75%
- Payout ratio
- 46.68%
- Revenue growth
- 1.10%
- Free cash flow
- -206.61M
- Total cash
- 16.62M
- Total debt
- 934.36M
- Return on equity
- 11.04%
- Short % of float
- 5.83%
- 50-day average
- 73.58
- 200-day average
- 77.54
Analyst view
Consensus: hold
- Target (low)
- 72.00
- Target (mean)
- 77.33
- Target (high)
- 81.00
- Strong buy1
- Buy1
- Hold3
- Sell1
- Strong sell0
Next earnings
Feb 23, 2027
Expected Feb 23, 2027. Consensus EPS estimate 0.64866.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Feb 23, 2027 | Dec 30, 2026 | 0.62 | — | — | — |
| Nov 4, 2026 | Sep 30, 2026 | 1.18 | 1.48 | +0.30 | +25.42% |
| Aug 5, 2026 | Jun 30, 2026 | 0.77 | 0.89 | +0.12 | +15.58% |
| May 5, 2026 | Mar 31, 2026 | 1.13 | 1.32 | +0.19 | +16.81% |
| Feb 25, 2026 | Dec 31, 2025 | 0.64 | 0.64 | 0.00 | 0.00% |
| Nov 5, 2025 | Sep 30, 2025 | 1.19 | 1.22 | +0.03 | +2.52% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 21, 2026 | Morgan Stanley | main | Underweight | Underweight |
| Oct 15, 2026 | JP Morgan | init | — | Neutral |
| Sep 24, 2026 | B of A Securities | init | — | Neutral |
| Sep 18, 2026 | Morgan Stanley | main | Underweight | Underweight |
| Aug 21, 2026 | Morgan Stanley | main | Underweight | Underweight |
| Jun 8, 2026 | Ladenburg Thalmann | up | Neutral | Buy |
About MGE Energy, Inc.
MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company 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; purchases and distributes natural gas; owns and leases electric generating capacity; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission power services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources and provides solar and wind generation, and battery storage services. As of December 31, 2025, the company owned and operated 811 miles of overhead electric distribution lines; 1,386 miles of underground electric distribution cables; 47 substations with an installed capacity of 1.2 million kVA; and gas facilities, including 3,117 miles of distribution mains, as well as supplied electric service to approximately 170,000 customers. MGE Energy, Inc. has a strategic partnership with Realta Fusion Inc. and Madison Gas and Electric Company. MGE Energy, Inc. was incorporated in 2001 and is headquartered in Madison, Wisconsin.
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Country
- United States
- Website
- mgeenergy.com
News
Why MGE (MGEE) is a Great Dividend Stock Right Now 
MGE (MGEE) Q3 Earnings and Revenues Top Estimates 
MGE Energy Q3 EPS $1.48 Beats $1.18 Estimate, Sales $190.397M Beat $184.593M Estimate 
4 Top Wind Energy Stocks to Bet on for Solid Long-Term Gains 
Earnings Preview: MGE (MGEE) Q3 Earnings Expected to Decline 
Best Dividend Kings: October 2026 
MGE (MGEE) Upgraded to Buy: Here's Why - Morgan Stanley Maintains Underweight on MGE Energy, Raises Price Target to $72
15 Undervalued Stocks: Yield Up To 7.8% And 15 Overvalued Not To Pursue Now 
Why MGE (MGEE) is a Top Dividend Stock for Your Portfolio
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BERBEE JAMES G | Director | Purchase | Sep 8, 2026 | 10,013 |
| BUSHEK JARED JOSEPH | Chief Financial Officer | Stock Award(Grant) | Apr 16, 2026 | 35,795 |
| DEWEY LONDA J | Director | Conversion of Exercise of derivative security | Dec 30, 2025 | 7,135 |
| HOBBIE LYNN K | Officer | Stock Award(Grant) | Mar 2, 2025 | 14,057 |
| KEEBLER JEFFREY M | Chief Executive Officer | Stock Award(Grant) | Mar 1, 2026 | 31,908 |
| LORENZ JAMES JEROME | Officer | Stock Award(Grant) | Mar 1, 2026 | 6,336 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 16.13% | 6,093,900 | 472.83M | Jun 29, 2026 |
| Vanguard Portfolio Management LLC | 7.39% | 2,793,808 | 216.77M | Jun 29, 2026 |
| State Street Corporation | 5.43% | 2,049,814 | 159.05M | Jun 29, 2026 |
| Vanguard Capital Management LLC | 4.51% | 1,702,695 | 132.11M | Jun 29, 2026 |
| Geode Capital Management, LLC | 2.66% | 1,005,058 | 77.98M | Jun 29, 2026 |
| Zimmer Partners, Lp | 2.65% | 1,000,000 | 77.59M | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| iShares Trust-iShares Core S&P Small-Cap ETF | 5.95% | 2,249,559 | 174.54M | Sep 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 3.18% | 1,202,271 | 93.28M | Jun 29, 2026 |
| iShares Trust-iShares Russell 2000 ETF | 2.60% | 981,164 | 76.13M | Sep 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund | 2.29% | 866,890 | 67.26M | Jun 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Value Index Fund | 1.45% | 548,370 | 42.55M | Jun 29, 2026 |
| First TRT Exch-Trd Fd.-First TRT Value Line Dividend Index Fd. | 1.18% | 444,431 | 34.48M | Sep 29, 2026 |