MGE Energy is forecast to grow earnings and revenue by 7.3% and 5.1% per annum respectively. EPS is expected to grow by 4.8% per annum. Return on equity is forecast to be 9.8% in 3 years.
Key information
7.3%
Earnings growth rate
4.85%
EPS growth rate
Electric Utilities earnings growth
7.4%
Revenue growth rate
5.1%
Future return on equity
9.84%
Analyst coverage
Low
Last updated
02 Jul 2026
Recent future growth updates
No updates
Recent updates
Earnings and Revenue Growth Forecasts
DB:MG1 - Analysts future estimates and past financials data (USD Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
12/31/2028
875
172
N/A
317
4
12/31/2027
822
159
N/A
297
4
12/31/2026
779
145
N/A
328
4
3/31/2026
750
143
-131
266
N/A
12/31/2025
727
136
-80
263
N/A
9/30/2025
709
135
-32
297
N/A
6/30/2025
701
131
44
281
N/A
3/31/2025
688
128
50
290
N/A
12/31/2024
660
121
41
278
N/A
9/30/2024
654
119
18
253
N/A
6/30/2024
646
116
15
241
N/A
3/31/2024
648
120
28
247
N/A
12/31/2023
674
118
15
238
N/A
9/30/2023
701
119
12
203
N/A
6/30/2023
704
115
-47
169
N/A
3/31/2023
708
108
-44
148
N/A
12/31/2022
700
111
-21
154
N/A
9/30/2022
673
103
-32
141
N/A
6/30/2022
656
104
27
170
N/A
3/31/2022
634
105
7
156
N/A
12/31/2021
593
106
-16
138
N/A
9/30/2021
567
108
0
178
N/A
6/30/2021
556
105
-28
166
N/A
3/31/2021
543
101
-29
163
N/A
12/31/2020
525
92
-31
172
N/A
9/30/2020
529
93
-20
155
N/A
6/30/2020
532
92
-40
130
N/A
3/31/2020
537
89
-48
131
N/A
12/31/2019
555
87
N/A
130
N/A
9/30/2019
554
87
N/A
126
N/A
6/30/2019
553
85
N/A
147
N/A
3/31/2019
555
88
N/A
159
N/A
12/31/2018
545
84
N/A
153
N/A
9/30/2018
546
104
N/A
174
N/A
6/30/2018
548
101
N/A
156
N/A
3/31/2018
550
98
N/A
137
N/A
12/31/2017
549
98
N/A
131
N/A
9/30/2017
547
76
N/A
114
N/A
6/30/2017
544
77
N/A
121
N/A
3/31/2017
540
78
N/A
145
N/A
12/31/2016
530
76
N/A
148
N/A
9/30/2016
522
72
N/A
148
N/A
6/30/2016
526
73
N/A
162
N/A
3/31/2016
527
70
N/A
150
N/A
12/31/2015
549
71
N/A
141
N/A
9/30/2015
564
75
N/A
130
N/A
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MG1's forecast earnings growth (7.3% per year) is above the savings rate (1.9%).
Earnings vs Market: MG1's earnings (7.3% per year) are forecast to grow slower than the German market (17.1% per year).
High Growth Earnings: MG1's earnings are forecast to grow, but not significantly.
Revenue vs Market: MG1's revenue (5.1% per year) is forecast to grow slower than the German market (6.8% per year).
High Growth Revenue: MG1's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MG1's Return on Equity is forecast to be low in 3 years time (9.8%).
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/07/07 16:55
End of Day Share Price
2026/07/07 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
MGE Energy, Inc. is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.