| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
MGEE Overview
MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin.
MGE Energy Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$76.43 |
| 52 Week High | US$63.00 |
| 52 Week Low | US$82.95 |
| Beta | 0.60 |
| 1 Month Change | 1.43% |
| 3 Month Change | -2.23% |
| 1 Year Change | 12.93% |
| 3 Year Change | 19.16% |
| 5 Year Change | 34.80% |
| Change since IPO | 637.00% |
Recent News & Updates
MGE Energy (NASDAQ:MGEE) Is Paying Out A Larger Dividend Than Last Year
MGE Energy, Inc. ( NASDAQ:MGEE ) will increase its dividend on the 15th of December to US$0.39. Even though the...
Is MGE Energy (NASDAQ:MGEE) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
MGE Energy's (NASDAQ:MGEE) Shareholders Will Receive A Bigger Dividend Than Last Year
MGE Energy, Inc.'s ( NASDAQ:MGEE ) dividend will be increasing to US$0.39 on 15th of September. Although the dividend...
Return Trends At MGE Energy (NASDAQ:MGEE) Aren't Appealing
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
Shareholder Returns
| MGEE | US Electric Utilities | US Market | |
|---|---|---|---|
| 7D | 1.1% | 2.2% | 0.9% |
| 1Y | 12.9% | 6.8% | 33.4% |
Return vs Industry: MGEE exceeded the US Electric Utilities industry which returned 5.9% over the past year.
Return vs Market: MGEE underperformed the US Market which returned 33.4% over the past year.
Price Volatility
| MGEE volatility | |
|---|---|
| MGEE Beta | 0.60 |
| Industry Beta | 0.40 |
| Market Beta | 1 |
Stable Share Price: MGEE is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: MGEE's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1855 | n/a | Jeff Keebler | https://www.mgeenergy.com |
MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through five segments: Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other. The company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services.
MGE Energy Fundamentals Summary
| MGEE fundamental statistics | |
|---|---|
| Market Cap | US$2.76b |
| Earnings (TTM) | US$105.37m |
| Revenue (TTM) | US$556.27m |
26.2x
P/E Ratio5.0x
P/S RatioIs MGEE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MGEE income statement (TTM) | |
|---|---|
| Revenue | US$556.27m |
| Cost of Revenue | US$342.17m |
| Gross Profit | US$214.09m |
| Expenses | US$108.72m |
| Earnings | US$105.37m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.91 |
| Gross Margin | 38.49% |
| Net Profit Margin | 18.94% |
| Debt/Equity Ratio | 58.8% |
How did MGEE perform over the long term?
See historical performance and comparisonDividends
2.0%
Current Dividend Yield51%
Payout RatioDoes MGEE pay a reliable dividends?
See MGEE dividend history and benchmarks| MGE Energy dividend dates | |
|---|---|
| Ex Dividend Date | Nov 30 2021 |
| Dividend Pay Date | Dec 15 2021 |
| Days until Ex dividend | 33 days |
| Days until Dividend pay date | 48 days |
Does MGEE pay a reliable dividends?
See MGEE dividend history and benchmarksValuation
Is MGE Energy undervalued compared to its fair value and its price relative to the market?
26.23x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MGEE ($76.43) is trading above our estimate of fair value ($45.12)
Significantly Below Fair Value: MGEE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MGEE is poor value based on its PE Ratio (26.2x) compared to the US Electric Utilities industry average (21.1x).
PE vs Market: MGEE is poor value based on its PE Ratio (26.2x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: MGEE is poor value based on its PEG Ratio (12.8x)
Price to Book Ratio
PB vs Industry: MGEE is overvalued based on its PB Ratio (2.7x) compared to the US Electric Utilities industry average (1.9x).
Future Growth
How is MGE Energy forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
2.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MGEE's forecast earnings growth (2.1% per year) is above the savings rate (2%).
Earnings vs Market: MGEE's earnings (2.1% per year) are forecast to grow slower than the US market (14.7% per year).
High Growth Earnings: MGEE's earnings are forecast to grow, but not significantly.
Revenue vs Market: MGEE's revenue (4.9% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: MGEE's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MGEE's Return on Equity is forecast to be low in 3 years time (11.3%).
Past Performance
How has MGE Energy performed over the past 5 years?
5.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MGEE has high quality earnings.
Growing Profit Margin: MGEE's current net profit margins (18.9%) are higher than last year (17.3%).
Past Earnings Growth Analysis
Earnings Trend: MGEE's earnings have grown by 5% per year over the past 5 years.
Accelerating Growth: MGEE's earnings growth over the past year (14.4%) exceeds its 5-year average (5% per year).
Earnings vs Industry: MGEE earnings growth over the past year (14.4%) exceeded the Electric Utilities industry 1.6%.
Return on Equity
High ROE: MGEE's Return on Equity (10.5%) is considered low.
Financial Health
How is MGE Energy's financial position?
Financial Position Analysis
Short Term Liabilities: MGEE's short term assets ($191.4M) exceed its short term liabilities ($145.7M).
Long Term Liabilities: MGEE's short term assets ($191.4M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: MGEE's debt to equity ratio (58.8%) is considered high.
Reducing Debt: MGEE's debt to equity ratio has increased from 55.3% to 58.8% over the past 5 years.
Debt Coverage: MGEE's debt is well covered by operating cash flow (27.9%).
Interest Coverage: MGEE's interest payments on its debt are well covered by EBIT (5.8x coverage).
Balance Sheet
Dividend
What is MGE Energy current dividend yield, its reliability and sustainability?
2.03%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: MGEE's dividend (2.03%) is higher than the bottom 25% of dividend payers in the US market (1.27%).
High Dividend: MGEE's dividend (2.03%) is low compared to the top 25% of dividend payers in the US market (3.48%).
Stability and Growth of Payments
Stable Dividend: MGEE's dividends per share have been stable in the past 10 years.
Growing Dividend: MGEE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50.8%), MGEE's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MGEE's dividends in 3 years are forecast to be well covered by earnings (48.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.6yrs
Average management tenure
CEO
Jeff Keebler (49 yo)
4.58yrs
Tenure
US$2,711,113
Compensation
Mr. Jeffrey M. Keebler, also known as Jeff, serves as President and Chief Executive Officer of Madison Gas and Electric Company (“MGE”) and has been its Chairman of the Board since October 1, 2018. Mr. Kee...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD2.71M) is below average for companies of similar size in the US market ($USD5.16M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: MGEE's management team is considered experienced (4.6 years average tenure).
Board Members
Experienced Board: MGEE's board of directors are considered experienced (7.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MGEE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
MGE Energy, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: MGE Energy, Inc.
- Ticker: MGEE
- Exchange: NasdaqGS
- Founded: 1855
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: US$2.764b
- Shares outstanding: 36.16m
- Website: https://www.mgeenergy.com
Location
- MGE Energy, Inc.
- 133 South Blair Street
- Madison
- Wisconsin
- 53788
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/26 22:32 |
| End of Day Share Price | 2021/10/26 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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 here.