MGE Energy, Inc. (MGEE)
| Market Cap | 2.95B |
| Revenue (ttm) | 664.51M |
| Net Income (ttm) | 120.44M |
| Shares Out | 36.18M |
| EPS (ttm) | 3.32 |
| PE Ratio | 24.59 |
| Forward PE | 29.32 |
| Dividend | $1.71 (2.10%) |
| Ex-Dividend Date | Feb 29, 2024 |
| Volume | 25,236 |
| Open | 81.58 |
| Previous Close | 81.41 |
| Day's Range | 81.17 - 81.98 |
| 52-Week Range | 61.94 - 83.27 |
| Beta | 0.72 |
| Analysts | Sell |
| Price Target | 62.00 (-23.98%) |
| Earnings Date | May 8, 2024 |
About MGEE
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 pow... [Read more]
Financial Performance
In 2023, MGE Energy's revenue was $690.43 million, a decrease of -3.37% compared to the previous year's $714.52 million. Earnings were $117.70 million, an increase of 6.08%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for MGEE stock is "Sell" and the 12-month stock price forecast is $62.0.
News
MGE Seeks to Expand Popular Community Solar Program for Residential and Small Business Electric Customers
MADISON, Wis.--(BUSINESS WIRE)--MGE Seeks to Expand Popular Community Solar Program for Residential and Small Business Electric Customers.
MGE Energy Reports Fourth-Quarter and Full-Year 2023 Earnings
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Fourth-Quarter and Full-Year 2023 Earnings.
MGE Energy Declares Regular Dividend
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Declares Regular Dividend.
MGE Energy Reports Third-Quarter 2023 Earnings
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Third-Quarter 2023 Earnings.
MGE Energy Reports Second-Quarter 2023 Earnings
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Second-Quarter 2023 Earnings.
MGE Energy Reports First-Quarter 2023 Earnings
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports First-Quarter 2023 Earnings.
MGE Energy Reports Fourth-Quarter and Full Year 2022 Earnings
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy, Inc. (Nasdaq: MGEE), today reported financial results for the fourth quarter of 2022 and for the full year of 2022.
MGE Energy Issues December 2022 'Interim Report'
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy, Inc. (Nasdaq: MGEE) highlights the release of its annual Corporate Responsibility and Sustainability Report in its latest investor newsletter, "Interim Re...
MGE's Use of Solar and Battery Storage to Grow with Purchase of Darien Solar Energy Center
MADISON, Wis.--(BUSINESS WIRE)--Madison Gas and Electric (MGE), in partnership with We Energies and Wisconsin Public Service (WPS), subsidiaries of WEC Energy Group, received approval from the Publi...
MGE Energy Issues September 2022 'Interim Report'
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Issues September 2022 'Interim Report'
MGE Energy Increases Dividend for 47th Consecutive Year
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Increases Dividend for 47th Consecutive Year
MGE Energy Issues Second-Quarter Financial Update
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Issues Second-Quarter Financial Update
MGE Energy Reports Second-Quarter 2022 Earnings
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Second-Quarter 2022 Earnings
MGE Energy Issues June 2022 'Interim Report'
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Issues June 2022 'Interim Report'
MGE Energy Issues May 2022 'Inside View'
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Issues May 2022 'Inside View'
MGE Energy to Present at the 2022 AGA Financial Forum
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy to Present at the 2022 AGA Financial Forum
MGE Energy Issues First-Quarter Financial Update
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Issues First-Quarter Financial Update
MGE Energy Reports First-Quarter 2022 Earnings
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports First-Quarter 2022 Earnings
MGE Energy Issues March 2022 'Interim Report'
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Issues March 2022 'Interim Report'
MGE Energy to Present at B of A 2022 Power, Utilities and Clean Energy Leaders Conference
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy to Present at B of A 2022 Power, Utilities and Clean Energy Leaders Conference
MGE Energy Reports Fourth-Quarter and Full Year 2021 Earnings
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Fourth-Quarter and Full Year 2021 Earnings
MGE Energy Issues December 2021 'Interim Report'
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Issues December 2021 'Interim Report'