Positive News SentimentPositive NewsNASDAQ:MGEE MGE Energy (MGEE) Stock Price, News & Analysis → At first glance, this chart looks like nonsense… (From The TradingPub) (Ad) Free MGEE Stock Alerts $78.97 +0.76 (+0.97%) (As of 04/24/2024 ET) Add Compare Share Share Today's Range$77.23▼$79.2750-Day Range$63.19▼$80.8752-Week Range$61.94▼$83.27Volume173,181 shsAverage Volume368,081 shsMarket Capitalization$2.86 billionP/E Ratio24.30Dividend Yield2.17%Price Target$62.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get MGE Energy alerts: Email Address MGE Energy MarketRank™ Stock AnalysisAnalyst RatingSell1.00 Rating ScoreUpside/Downside21.5% Downside$62.00 Price TargetShort InterestBearish5.79% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.39Upright™ Environmental ScoreNews SentimentN/AInsider TradingAcquiring Shares$37,629 Bought Last QuarterProj. Earnings Growth8.70%From $3.68 to $4.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.23 out of 5 starsUtilities Sector52nd out of 87 stocksElectric, Gas & Sanitary Services Industry2nd out of 3 stocks 0.5 Analyst's Opinion Consensus RatingMGE Energy has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.Amount of Analyst CoverageMGE Energy has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.79% of the float of MGE Energy has been sold short.Short Interest Ratio / Days to CoverMGE Energy has a short interest ratio ("days to cover") of 5.1.Change versus previous monthShort interest in MGE Energy has recently increased by 93.52%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldMGE Energy pays a meaningful dividend of 2.21%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMGE Energy has been increasing its dividend for 48 years.Dividend CoverageThe dividend payout ratio of MGE Energy is 52.62%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, MGE Energy will have a dividend payout ratio of 42.75% next year. This indicates that MGE Energy will be able to sustain or increase its dividend. Previous Next 2.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMGE Energy has received a 1.02% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Natural gas distribution services", "Electricity distribution services of electricity produced with fossil fuels", and "Electricity distribution services of electricity produced with renewable energy sources" products. See details.Environmental SustainabilityThe Environmental Impact score for MGE Energy is -3.39. Previous Next 2.7 News and Social Media Coverage News SentimentMGE Energy has a news sentiment score of 1.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 1 news article for MGE Energy this week, compared to 1 article on an average week. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MGE Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $37,629.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.19% of the stock of MGE Energy is held by insiders.Percentage Held by Institutions52.58% of the stock of MGE Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for MGE Energy are expected to grow by 8.70% in the coming year, from $3.68 to $4.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MGE Energy is 24.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.13.Price to Earnings Ratio vs. SectorThe P/E ratio of MGE Energy is 24.30, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 77.66.Price to Book Value per Share RatioMGE Energy has a P/B Ratio of 2.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Insiders ExposedThe Hard Truth About Investing For RetirementHere’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. 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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. It generates electricity from coal-fired, gas-fired, and renewable energy sources. As of December 31, 2023, the company owned and operated 835 miles of overhead electric distribution lines; 1,330 miles of underground electric distribution cables; 49 substations with an installed capacity of 1.2 million kVA; and gas facilities, including 3,066 miles of distribution mains, as well as supplied electric service to approximately 163,000 customers. MGE Energy, Inc. founded in 2001 and is headquartered in Madison, Wisconsin.Read More MGEE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MGEE Stock News HeadlinesApril 12, 2024 | investorplace.com3 Utility Stocks Short Sellers Are Pulling the Plug On: Is a Power Outage Looming?April 7, 2024 | sg.finance.yahoo.comThames Water owner Kemble defaults on £400 million of bondsApril 24, 2024 | DTI (Ad)A new way to collect income from stocksMost people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively… April 6, 2024 | nasdaq.comGuru Fundamental Report for MGEEApril 5, 2024 | finance.yahoo.comReturns On Capital At MGE Energy (NASDAQ:MGEE) Have Hit The BrakesApril 3, 2024 | businesswire.comMGE Seeks to Expand Popular Community Solar Program for Residential and Small Business Electric CustomersMarch 18, 2024 | finance.yahoo.comMGE Energy (NASDAQ:MGEE) sheds 5.1% this week, as yearly returns fall more in line with earnings growthMarch 15, 2024 | finance.yahoo.comMGEE Apr 2024 80.000 putApril 24, 2024 | TradeSmith (Ad)The A.I. story nobody is telling you (Read ASAP)There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...March 6, 2024 | nasdaq.comMGEE Makes Bullish Cross Above Critical Moving AverageMarch 1, 2024 | finance.yahoo.comMGE Energy, Inc. (NASDAQ:MGEE) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?February 21, 2024 | businesswire.comMGE Energy Reports Fourth-Quarter and Full-Year 2023 EarningsFebruary 21, 2024 | businesswire.comMGE Energy Reports Fourth-Quarter and Full-Year 2023 EarningsFebruary 15, 2024 | msn.comDTE vs. MGEE: Which Stock Is the Better Value Option?January 24, 2024 | wsj.comMGE Energy Inc.January 22, 2024 | benzinga.comMGE Energy Stock (NASDAQ:MGEE), Guidance and ForecastJanuary 19, 2024 | msn.comMGE Energy declares $0.4275 dividendJanuary 12, 2024 | finance.yahoo.comIs Now The Time To Put MGE Energy (NASDAQ:MGEE) On Your Watchlist?December 22, 2023 | seekingalpha.comMGE Energy: Growing Earnings But Valuation Is Not CheapNovember 4, 2023 | hk.finance.yahoo.comMGE Energy Inc (MGEE) Reports Q3 2023 Earnings of $37.9 Million, Up from $33.November 2, 2023 | finance.yahoo.comMGE Energy Inc (MGEE) Reports Q3 2023 Earnings of $37.9 Million, Up from $33. ...November 2, 2023 | finance.yahoo.comMGE Energy Reports Third-Quarter 2023 EarningsOctober 26, 2023 | thestreet.comMGE Energy, Ball Corp.: Top 5 Value StocksOctober 23, 2023 | finance.yahoo.comHere's What To Make Of MGE Energy's (NASDAQ:MGEE) Decelerating Rates Of ReturnOctober 7, 2023 | finance.yahoo.comMGE Energy's (NASDAQ:MGEE) 5.3% CAGR outpaced the company's earnings growth over the same five-year periodOctober 3, 2023 | finance.yahoo.comUnveiling MGE Energy (MGEE)'s Value: Is It Really Priced Right? A Comprehensive GuideSeptember 23, 2023 | finance.yahoo.comAre MGE Energy, Inc.'s (NASDAQ:MGEE) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?See More Headlines Receive MGEE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MGE Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/21/2024Ex-Dividend for 3/15 Dividend2/29/2024Dividend Payable3/15/2024Today4/24/2024Next Earnings (Estimated)5/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorUtilities Industry Electric, gas & sanitary services Sub-IndustryElectric Utilities Current SymbolNASDAQ:MGEE CUSIP55277P10 CIK1161728 Webwww.mgeenergy.com Phone(608) 252-7000Fax608-252-7098Employees723Year FoundedN/APrice Target and Rating Average Stock Price Target$62.00 High Stock Price Target$62.00 Low Stock Price Target$62.00 Potential Upside/Downside-21.2%Consensus RatingSell Rating Score (0-4)1.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$3.25 Trailing P/E Ratio24.22 Forward P/E Ratio21.39 P/E GrowthN/ANet Income$117.70 million Net Margins17.05% Pretax Margin21.07% Return on Equity10.49% Return on Assets4.55% Debt Debt-to-Equity Ratio0.65 Current Ratio1.52 Quick Ratio1.05 Sales & Book Value Annual Sales$690.43 million Price / Sales4.12 Cash Flow$6.13 per share Price / Cash Flow12.84 Book Value$31.53 per share Price / Book2.50Miscellaneous Outstanding Shares36,180,000Free Float36,107,000Market Cap$2.85 billion OptionableOptionable Beta0.72 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Jeffrey M. Keebler (Age 52)President, CEO & Chairman of the Board Comp: $1.16MMr. Jared Joseph Bushek (Age 43)VP, CFO & Treasurer Comp: $699.08kMs. Tamara Jean Johnson (Age 59)VP, Chief Accounting Officer & Controller Comp: $416.67kMs. Cari Anne Renlund (Age 50)VP, General Counsel & Secretary Comp: $887.6kMs. Lynn K. Hobbie (Age 65)Executive Vice President of Marketing & Communications Comp: $544.73kBryan R. Sullivan (Age 51)Assistant VP & Chief Information Officer Mr. Ken FrassettoDirector - Shareholder Services and Treasury ManagementMelissa T. Garner (Age 42)Assistant Vice President of Human Resources More ExecutivesKey CompetitorsAvistaNYSE:AVAMYR GroupNASDAQ:MYRGCalifornia Water Service GroupNYSE:CWTPrimo WaterNYSE:PRMWAmerican States WaterNYSE:AWRView All CompetitorsInsiders & InstitutionsSpeece Thorson Capital Group Inc.Bought 29,158 shares on 4/23/2024Ownership: 0.315%Louisiana State Employees Retirement SystemBought 17,900 shares on 4/23/2024Ownership: 0.049%IFM Investors Pty LtdBought 5,054 shares on 4/22/2024Ownership: 0.014%Maryland State Retirement & Pension SystemBought 13,031 shares on 4/20/2024Ownership: 0.036%State of Alaska Department of RevenueBought 22,029 shares on 4/19/2024Ownership: 0.061%View All Insider TransactionsView All Institutional Transactions MGEE Stock Analysis - Frequently Asked Questions Should I buy or sell MGE Energy stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MGE Energy in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street analysts is that investors should "sell" MGEE shares. View MGEE analyst ratings or view top-rated stocks. What is MGE Energy's stock price target for 2024? 1 equities research analysts have issued 12 month price targets for MGE Energy's shares. Their MGEE share price targets range from $62.00 to $62.00. On average, they predict the company's share price to reach $62.00 in the next year. This suggests that the stock has a possible downside of 21.5%. View analysts price targets for MGEE or view top-rated stocks among Wall Street analysts. How have MGEE shares performed in 2024? MGE Energy's stock was trading at $72.31 at the start of the year. Since then, MGEE shares have increased by 9.2% and is now trading at $78.97. View the best growth stocks for 2024 here. Are investors shorting MGE Energy? MGE Energy saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 2,090,000 shares, an increase of 93.5% from the March 15th total of 1,080,000 shares. Based on an average trading volume of 412,000 shares, the days-to-cover ratio is currently 5.1 days. Approximately 5.8% of the company's stock are sold short. View MGE Energy's Short Interest. When is MGE Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our MGEE earnings forecast. How were MGE Energy's earnings last quarter? MGE Energy, Inc. (NASDAQ:MGEE) issued its earnings results on Wednesday, February, 21st. The utilities provider reported $0.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.61 by $0.06. The utilities provider had revenue of $164.65 million for the quarter, compared to the consensus estimate of $190.55 million. MGE Energy had a trailing twelve-month return on equity of 10.49% and a net margin of 17.05%. How often does MGE Energy pay dividends? What is the dividend yield for MGE Energy? MGE Energy declared a quarterly dividend on Friday, January 19th. Investors of record on Friday, March 1st will be paid a dividend of $0.428 per share on Friday, March 15th. This represents a $1.71 annualized dividend and a dividend yield of 2.17%. The ex-dividend date of this dividend is Thursday, February 29th. Read our dividend analysis for MGEE. Is MGE Energy a good dividend stock? MGE Energy (NASDAQ:MGEE) pays an annual dividend of $1.71 per share and currently has a dividend yield of 2.21%. The company has been increasing its dividend for 48 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 52.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MGEE will have a dividend payout ratio of 42.75% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MGEE. What ETFs hold MGE Energy's stock? ETFs with the largest weight of MGE Energy (NASDAQ:MGEE) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Vanguard U.S. Minimum Volatility ETF (VFMV), iShares U.S. Infrastructure ETF (IFRA), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), VictoryShares US Small Cap Volatility Wtd (CSA), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF) and Avantis U.S. Small Cap Equity ETF (AVSC). What is Gary J. Wolter's approval rating as MGE Energy's CEO? 14 employees have rated MGE Energy Chief Executive Officer Gary J. Wolter on Glassdoor.com. Gary J. Wolter has an approval rating of 93% among the company's employees. This puts Gary J. Wolter in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of MGE Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other MGE Energy investors own include International Business Machines (IBM), Medtronic (MDT), MetLife (MET), AT&T (T), WEC Energy Group (WEC), Exxon Mobil (XOM), Invesco (IVZ), KEMET (KEM) and Marathon Petroleum (MPC). Who are MGE Energy's major shareholders? MGE Energy's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Speece Thorson Capital Group Inc. (0.32%), State of Alaska Department of Revenue (0.06%), Louisiana State Employees Retirement System (0.05%), Maryland State Retirement & Pension System (0.04%), Wealth Enhancement Advisory Services LLC (0.03%) and IFM Investors Pty Ltd (0.01%). Insiders that own company stock include James G Berbee, James G Berbee, James Jerome Lorenz, James L Possin and Scott Robert Smith. View institutional ownership trends. How do I buy shares of MGE Energy? Shares of MGEE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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