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MGE Energy, Inc. Stock Price

NasdaqGS:MGEE Community·US$3.1b Market Cap
  • 0 Narratives written by author
  • 0 Comments on narratives written by author
  • 3 Fair Values set on narratives written by author

MGEE Share Price Performance

US$81.54
-1.46 (-1.76%)
US$81.54
-1.46 (-1.76%)
Price US$81.54

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Snowflake Analysis

Solid track record average dividend payer.

2 Risks
3 Rewards

MGE Energy, Inc. Key Details

US$752.1m

Revenue

US$442.4m

Cost of Revenue

US$309.8m

Gross Profit

US$160.1m

Other Expenses

US$149.6m

Earnings

Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
n/a
3.96
41.18%
19.89%
64.9%
View Full Analysis

About MGEE

Founded
2001
Employees
726
CEO
Jeffrey Keebler
WebsiteView website
www.mgeenergy.com

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. was incorporated in 2001 and is headquartered in Madison, Wisconsin.

Recent MGEE News & Updates

Seeking Alpha Jul 10

MGE Energy: Quality Utility, But The Entry Point Has Closed

Summary MGE Energy is a high-quality regulated utility with sector-leading credit ratings and robust rate base growth, benefiting from a constructive Wisconsin regulatory environment. MGEE's stock has re-rated near fair value, supporting a Hold rating with an $85.37 price target, reflecting limited upside and a 2.31% forward dividend yield. Capex guidance has increased to $1.9 billion (2026-2030), driven by renewables and the RockGen acquisition, with share dilution and execution risk as key concerns. EPS is projected to grow 9% to $4.27 by mid-2027, but further upside depends on RockGen approval and disciplined equity issuance. Read the full article on Seeking Alpha

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