MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin.
Average dividend payer with mediocre balance sheet.
Share Price & News
How has MGE Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MGEE has not had significant price volatility in the past 3 months.
7 Day Return
US Electric Utilities
1 Year Return
US Electric Utilities
Return vs Industry: MGEE underperformed the US Electric Utilities industry which returned -9.5% over the past year.
Return vs Market: MGEE underperformed the US Market which returned 6.1% over the past year.
Price Volatility Vs. Market
How volatile is MGE Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StIs MGE Energy, Inc. (NASDAQ:MGEE) An Attractive Dividend Stock?
4 weeks ago | Simply Wall StShould You Be Happy With MGE Energy, Inc.'s (NASDAQ:MGEE) Performance Lately?
1 month ago | Simply Wall StCould The MGE Energy, Inc. (NASDAQ:MGEE) Ownership Structure Tell Us Something Useful?
Is MGE Energy undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MGEE ($63.66) is trading above our estimate of fair value ($30.69)
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 (24.8x) compared to the US Electric Utilities industry average (19.3x).
PE vs Market: MGEE is poor value based on its PE Ratio (24.8x) compared to the US market (15.8x).
Price to Earnings Growth Ratio
PEG Ratio: MGEE is poor value based on its PEG Ratio (4.8x)
Price to Book Ratio
PB vs Industry: MGEE is overvalued based on its PB Ratio (2.5x) compared to the US Electric Utilities industry average (1.9x).
How is MGE Energy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MGEE's forecast earnings growth (5.2% per year) is above the savings rate (2.2%).
Earnings vs Market: MGEE's earnings (5.2% per year) are forecast to grow slower than the US market (22.8% per year).
High Growth Earnings: MGEE's earnings are forecast to grow, but not significantly.
Revenue vs Market: MGEE's revenue (6.4% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: MGEE's revenue (6.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MGEE's Return on Equity is forecast to be high in 3 years time
How has MGE Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MGEE has high quality earnings.
Growing Profit Margin: MGEE's current net profit margins (16.5%) are higher than last year (15.9%).
Past Earnings Growth Analysis
Earnings Trend: MGEE's earnings have grown by 6% per year over the past 5 years.
Accelerating Growth: MGEE's earnings growth over the past year (0.8%) is below its 5-year average (6% per year).
Earnings vs Industry: MGEE earnings growth over the past year (0.8%) underperformed the Electric Utilities industry 1.8%.
Return on Equity
High ROE: MGEE's Return on Equity (10.2%) is considered low.
How is MGE Energy's financial position?
Financial Position Analysis
Short Term Liabilities: MGEE's short term assets ($162.2M) exceed its short term liabilities ($111.0M).
Long Term Liabilities: MGEE's short term assets ($162.2M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: MGEE's debt to equity ratio (62.6%) is considered high.
Reducing Debt: MGEE's debt to equity ratio has increased from 59.7% to 62.6% over the past 5 years.
Debt Coverage: MGEE's debt is well covered by operating cash flow (24.1%).
Interest Coverage: MGEE's interest payments on its debt are well covered by EBIT (5x coverage).
What is MGE Energy current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MGEE's dividend (2.21%) is higher than the bottom 25% of dividend payers in the US market (1.7%).
High Dividend: MGEE's dividend (2.21%) is low compared to the top 25% of dividend payers in the US market (4.69%).
Stability and Growth of Payments
Stable Dividend: MGEE's dividends per share have been stable in the past 10 years.
Growing Dividend: MGEE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (54.4%), MGEE's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jeff Keebler (48yo)
Mr. Jeffrey M. Keebler, also known as Jeff, serves as President and Chief Executive Officer of Madison Gas and Electric Company (“MGE”) and also has been its Chairman of the Board since October 1, 2018. Mr ...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD2.38M) is below average for companies of similar size in the US market ($USD4.76M).
Compensation vs Earnings: Jeff's compensation has increased by more than 20% in the past year.
|Lead Independent Director||no data||US$129.34k||0.018% $421.1k|
|Independent Director||2.33yrs||US$103.34k||0.0055% $126.4k|
|Independent Director||9.83yrs||US$118.84k||0.0038% $87.9k|
|Independent Director||12.42yrs||US$115.34k||0.012% $286.4k|
|Independent Director||11.58yrs||US$109.34k||0.014% $324.6k|
|Independent Director||10.67yrs||US$123.34k||0.0070% $160.5k|
|Independent Director||2.33yrs||US$113.84k||0.00093% $21.4k|
Experienced Board: MGEE's board of directors are seasoned and experienced ( 10.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.3%.
MGE Energy, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: MGE Energy, Inc.
- Ticker: MGEE
- Exchange: NasdaqGS
- Founded: 1855
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: US$2.302b
- Shares outstanding: 36.16m
- Website: https://www.mgeenergy.com
- MGE Energy, Inc.
- 133 South Blair Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MGEE||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jan 1969|
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. It also generates electricity from coal, natural gas, and renewable energy sources, as well as purchases power under short and long-term commitments. As of February 26, 2020, the company distributed electricity to 155,000 customers in Dane County, Wisconsin; and purchased and distributed natural gas to 163,000 customers in seven south-central and western Wisconsin counties. MGE Energy, Inc. was founded in 1855 and is headquartered in Madison, Wisconsin.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/10 23:59|
|End of Day Share Price||2020/07/10 00:00|
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.