MGE Energy (Nasdaq:MGEE) - Stock Price, News & Analysis

MGEE Stock Overview

Through its subsidiaries, operates as a public utility holding company primarily in the United States. More details

MGEE fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	4/6
Dividends	4/6

Rewards

Trading at 81.8% below our estimate of its fair value

Risk Analysis

Has a high level of debt

Dividend of 1.73% is not well covered by free cash flows

MGE Energy, Inc. Competitors

TXNM Energy

NYSE:TXNM

US$4.3b

ALLETE

NYSE:ALE

US$3.7b

Otter Tail

NasdaqGS:OTTR

US$3.3b

Portland General Electric

NYSE:POR

US$4.9b

Price History & Performance

Summary of all time highs, changes and price drops for MGE Energy
Historical stock prices
Current Share Price	US$103.89
52 Week High	US$109.22
52 Week Low	US$61.94
Beta	0.70
11 Month Change	12.71%
3 Month Change	21.21%
1 Year Change	39.65%
33 Year Change	34.41%
5 Year Change	33.38%
Change since IPO	1,599.94%

MGE Energy (NASDAQ:MGEE) Has Some Way To Go To Become A Multi-Bagger

Nov 05

What MGE Energy, Inc.'s (NASDAQ:MGEE) P/E Is Not Telling You

Sep 30

Recent updates

MGE Energy (NASDAQ:MGEE) Has Some Way To Go To Become A Multi-Bagger

Nov 05

What MGE Energy, Inc.'s (NASDAQ:MGEE) P/E Is Not Telling You

Sep 30

These 4 Measures Indicate That MGE Energy (NASDAQ:MGEE) Is Using Debt Extensively

Aug 19

MGE Energy, Inc.'s (NASDAQ:MGEE) Business Is Trailing The Market But Its Shares Aren't

Mar 25

MGE Energy: Buy This State Utility Now

Mar 01

MGE Energy, Inc.'s (NASDAQ:MGEE) Business Is Trailing The Market But Its Shares Aren't

Dec 20

Slowing Rates Of Return At MGE Energy (NASDAQ:MGEE) Leave Little Room For Excitement

Nov 28

Here's Why MGE Energy (NASDAQ:MGEE) Has A Meaningful Debt Burden

Nov 07

Here's Why MGE Energy (NASDAQ:MGEE) Has Caught The Eye Of Investors

Sep 14

MGE Energy's (NASDAQ:MGEE) Dividend Will Be Increased To $0.4275

Aug 24

MGE Energy (NASDAQ:MGEE) Has More To Do To Multiply In Value Going Forward

Aug 01

We Think MGE Energy (NASDAQ:MGEE) Is Taking Some Risk With Its Debt

Jul 13

Here's What To Make Of MGE Energy's (NASDAQ:MGEE) Decelerating Rates Of Return

Apr 26

Is MGE Energy (NASDAQ:MGEE) Using Too Much Debt?

Apr 07

Here's Why MGE Energy (NASDAQ:MGEE) Has Caught The Eye Of Investors

Mar 11

We Think MGE Energy (NASDAQ:MGEE) Is Taking Some Risk With Its Debt

Dec 26

Returns At MGE Energy (NASDAQ:MGEE) Appear To Be Weighed Down

Nov 22

MGE Energy (NASDAQ:MGEE) Takes On Some Risk With Its Use Of Debt

Sep 15

MGE Energy (NASDAQ:MGEE) Is Paying Out A Larger Dividend Than Last Year

Aug 23

MGE Energy Q2 GAAP EPS, revenue up Y/Y

Aug 04

MGE Energy: Moving With The Times

Jul 06

There Are Reasons To Feel Uneasy About MGE Energy's (NASDAQ:MGEE) Returns On Capital

Jun 25

With EPS Growth And More, MGE Energy (NASDAQ:MGEE) Is Interesting

Mar 30

MGE Energy: Solid With Enduring Dividend Growth

Mar 14

There Are Reasons To Feel Uneasy About MGE Energy's (NASDAQ:MGEE) Returns On Capital

Feb 25

We Think MGE Energy (NASDAQ:MGEE) Is Taking Some Risk With Its Debt

Jan 15

MGE Energy: Historically High Multiple Likely To Continue To Underpin Share Price

Nov 30

MGE Energy's (NASDAQ:MGEE) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 29

Capital Allocation Trends At MGE Energy (NASDAQ:MGEE) Aren't Ideal

Nov 22

MGE Energy (NASDAQ:MGEE) Is Paying Out A Larger Dividend Than Last Year

Oct 21

Is MGE Energy (NASDAQ:MGEE) Using Too Much Debt?

Oct 14

MGE Energy's (NASDAQ:MGEE) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 23

Return Trends At MGE Energy (NASDAQ:MGEE) Aren't Appealing

Aug 17

MGEE: Continues To Deliver Value

Jun 30

Is MGE Energy (NASDAQ:MGEE) A Risky Investment?

Jun 11

MGE Energy, Inc.'s (NASDAQ:MGEE) CEO Compensation Looks Acceptable To Us And Here's Why

May 12

Shareholder Returns

	MGEE	US Electric Utilities	US Market
7D	-4.0%	1.9%	-1.2%
1Y	39.6%	29.0%	30.4%

Return vs Industry: MGEE exceeded the US Electric Utilities industry which returned 29% over the past year.

Return vs Market: MGEE exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is MGEE's price volatile compared to industry and market?
MGEE volatility
MGEE Average Weekly Movement	3.6%
Electric Utilities Industry Average Movement	2.5%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.5%
10% least volatile stocks in US Market	3.1%

Stable Share Price: MGEE has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MGEE's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2001	n/a	Jeff Keebler	www.mgeenergy.com

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 power services.

MGE Energy, Inc. Fundamentals Summary

How do MGE Energy's earnings and revenue compare to its market cap?
MGEE fundamental statistics
Market cap	US$3.78b
Earnings (TTM)	US$118.63m
Revenue (TTM)	US$653.68m

31.7x

P/E Ratio

5.8x

P/S Ratio

Is MGEE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGEE income statement (TTM)
Revenue	US$653.68m
Cost of Revenue	US$381.00m
Gross Profit	US$272.68m
Other Expenses	US$154.05m
Earnings	US$118.63m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	3.28
Gross Margin	41.72%
Net Profit Margin	18.15%
Debt/Equity Ratio	64.3%

How did MGEE perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

53%

Payout Ratio

Does MGEE pay a reliable dividends?

See MGEE dividend history and benchmarks

When do you need to buy MGEE by to receive an upcoming dividend?
MGE Energy dividend dates
Ex Dividend Date	Nov 29 2024
Dividend Pay Date	Dec 15 2024
Days until Ex dividend	8 days
Days until Dividend pay date	24 days

Does MGEE pay a reliable dividends?

See MGEE dividend history and benchmarks

MGEE Stock Overview

Rewards

Risk Analysis

MGE Energy, Inc. Competitors

NYSE:TXNM

US$4.3b

NYSE:ALE

US$3.7b

NasdaqGS:OTTR

US$3.3b

NYSE:POR

US$4.9b

Price History & Performance

Recent News & Updates

Investor sentiment improves as stock rises 18%

Third quarter 2024 earnings released: EPS: US$1.13 (vs US$1.05 in 3Q 2023)

MGE Energy (NASDAQ:MGEE) Has Some Way To Go To Become A Multi-Bagger

Second quarter dividend of US$0.45 announced

Mge Energy, Inc. Declares Quarterly Dividend, Payable on December 15, 2024

What MGE Energy, Inc.'s (NASDAQ:MGEE) P/E Is Not Telling You

Recent updates

Investor sentiment improves as stock rises 18%

Third quarter 2024 earnings released: EPS: US$1.13 (vs US$1.05 in 3Q 2023)

MGE Energy (NASDAQ:MGEE) Has Some Way To Go To Become A Multi-Bagger

Second quarter dividend of US$0.45 announced

Mge Energy, Inc. Declares Quarterly Dividend, Payable on December 15, 2024

What MGE Energy, Inc.'s (NASDAQ:MGEE) P/E Is Not Telling You

Price target increased by 9.2% to US$71.00

Second quarter dividend increased to US$0.45

These 4 Measures Indicate That MGE Energy (NASDAQ:MGEE) Is Using Debt Extensively

MGE Energy, Inc. Increases Quarterly Dividend, Payable on September 15, 2024

MGE Energy: Buy This Dividend Champion While It's On Sale

Second quarter 2024 earnings released: EPS: US$0.66 (vs US$0.79 in 2Q 2023)

MGE Energy (NASDAQ:MGEE) Has More To Do To Multiply In Value Going Forward

MGE Energy, Inc.'s (NASDAQ:MGEE) Share Price Not Quite Adding Up

Price target increased by 9.7% to US$68.00

First quarter dividend of US$0.43 announced

Do MGE Energy's (NASDAQ:MGEE) Earnings Warrant Your Attention?

MGE Energy, Inc. Declares Regular Dividend, Payable on June 15, 2024

MGE Energy: Now No Longer A Hidden Gem Utility

First quarter 2024 earnings released: EPS: US$0.94 (vs US$0.86 in 1Q 2023)

MGE Energy (NASDAQ:MGEE) Has A Somewhat Strained Balance Sheet

Investors Met With Slowing Returns on Capital At MGE Energy (NASDAQ:MGEE)

MGE Energy, Inc., Annual General Meeting, May 21, 2024

MGE Energy, Inc.'s (NASDAQ:MGEE) Business Is Trailing The Market But Its Shares Aren't

Investor sentiment improves as stock rises 19%

MGE Energy: Buy This State Utility Now

Full year 2023 earnings released: EPS: US$3.26 (vs US$3.07 in FY 2022)

Upcoming dividend of US$0.43 per share

MGE Energy, Inc. Declares Regular Quarterly Dividend, Payable on March 15, 2024

Mge Energy, Inc. and Madison Gas and Electric Company Elected Patricia Ackerman, Daniel Kelly and Angela Rieger as Members of Both Boards of Directors, Effective March 1, 2024

MGE Energy, Inc.'s (NASDAQ:MGEE) Business Is Trailing The Market But Its Shares Aren't

Slowing Rates Of Return At MGE Energy (NASDAQ:MGEE) Leave Little Room For Excitement

Upcoming dividend of US$0.43 per share at 2.3% yield

Here's Why MGE Energy (NASDAQ:MGEE) Has A Meaningful Debt Burden

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

MGE Energy, Inc. Declares Regular Quarterly Dividend, Payable on December 15, 2023

Here's Why MGE Energy (NASDAQ:MGEE) Has Caught The Eye Of Investors

MGE Energy's (NASDAQ:MGEE) Dividend Will Be Increased To $0.4275

MGE Energy Increases Regular Quarterly Dividend, Payable September 15, 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

MGE Energy (NASDAQ:MGEE) Has More To Do To Multiply In Value Going Forward

We Think MGE Energy (NASDAQ:MGEE) Is Taking Some Risk With Its Debt

Upcoming dividend of US$0.41 per share at 2.2% yield

MGE Energy, Inc. Declares Regular Quarterly Dividend, Payable on June 15, 2023

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Here's What To Make Of MGE Energy's (NASDAQ:MGEE) Decelerating Rates Of Return

Is MGE Energy (NASDAQ:MGEE) Using Too Much Debt?

Independent Director recently bought US$80k worth of stock

Here's Why MGE Energy (NASDAQ:MGEE) Has Caught The Eye Of Investors

Full year 2022 earnings released: EPS: US$3.07 (vs US$2.93 in FY 2021)

Upcoming dividend of US$0.41 per share at 2.3% yield

MGE Energy, Inc. Declares Regular Quarterly Dividend, Payable on March 15, 2023

We Think MGE Energy (NASDAQ:MGEE) Is Taking Some Risk With Its Debt

Upcoming dividend of US$0.41 per share

Returns At MGE Energy (NASDAQ:MGEE) Appear To Be Weighed Down

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$0.93 (vs US$0.97 in 3Q 2021)

MGE Energy, Inc. Declares Quarterly Dividend, Payable on December 15, 2022

Price target decreased to US$64.00