MGE Energy, Inc. (MGEE)

NASDAQ: MGEE · Real-Time Price · USD
78.66
-0.26 (-0.33%)
Dec 5, 2025, 4:00 PM EST - Market closed
-0.33%
Market Cap 2.87B
Revenue (ttm) 708.52M
Net Income (ttm) 134.61M
Shares Out 36.54M
EPS (ttm) 3.69
PE Ratio 21.32
Forward PE 20.27
Dividend $1.90 (2.42%)
Ex-Dividend Date Dec 1, 2025
Volume 91,716
Open 78.62
Previous Close 78.92
Day's Range 78.06 - 78.93
52-Week Range 78.06 - 103.21
Beta 0.82
Analysts Sell
Price Target 79.00 (+0.43%)
Earnings Date Nov 5, 2025

About MGEE

MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company 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; purchases and distributes natural gas; owns and leases electric generating capacity; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission power servic... [Read more]

Sector Utilities
Founded 1855
Employees 717
Stock Exchange NASDAQ
Ticker Symbol MGEE
Full Company Profile

Financial Performance

In 2024, MGE Energy's revenue was $659.94 million, a decrease of -2.08% compared to the previous year's $673.93 million. Earnings were $120.57 million, an increase of 2.44%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for MGEE stock is "Sell." The 12-month stock price target is $79.0, which is an increase of 0.43% from the latest price.

Price Target
$79.0
(0.43% upside)
Analyst Consensus: Sell
Stock Forecasts

News

MGE to Add More Solar, Battery Storage and Wind

MADISON, Wis.--(BUSINESS WIRE)--MGE to Add More Solar, Battery Storage and Wind.

10 days ago - Business Wire

MGE Looks to Add More Solar and Battery Storage to Serve Customers

MADISON, Wis.--(BUSINESS WIRE)--MGE Looks to Add More Solar and Battery Storage to Serve Customers.

4 weeks ago - Business Wire

MGE Energy Reports Third-Quarter 2025 Earnings

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Third-Quarter 2025 Earnings.

4 weeks ago - Business Wire

Best Dividend Kings: October 2025

Dividend Kings are underperforming SPY in 2025, with a year-to-date return gap of 13.10%, but 12 Kings remain ahead of the index. Top performers include NFG, JNJ, ABBV, MO, FTS, ADM, NUE, GRC, NWN, PH...

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5 weeks ago - Seeking Alpha

MGE Energy Declares Regular Dividend

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Declares Regular Dividend.

7 weeks ago - Business Wire

5 September Raises - Ranging From 1.9 To 9.9%

Rose's Income Garden portfolio thrives on dividend raises, with five key holdings boosting payouts between 1.9% and 9.9% this September. CMI delivered a standout 9.89% dividend increase, reinforcing i...

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7 weeks ago - Seeking Alpha

MGE Energy: A Quality Dividend King But Buy This One Now Instead

Dividend Kings are some of the most reliable dividend growers in the investment universe. Having raised its dividend last month, MGE Energy is a newly minted Dividend King. The company's demographic t...

2 months ago - Seeking Alpha

MGE Energy Issues September 2025 'Inside View'

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy, Inc. (Nasdaq: MGEE), highlights 50 consecutive years of dividend increases in its investor newsletter, Inside View, which also includes the following topics...

2 months ago - Business Wire

Dividend Kings: 2 Ideal Buys In 25 "Safer" Of 56 September Dogs

The Dividend Kings list now includes 56 stocks, but only a select few offer fair value and strong yields relative to share price. Five top-yielding Dividend Kings—UVV, CDUAF, NWN, UBSI, and KVUE—curre...

Other symbols: ABMADMADPBKHCWTFTSGRC
3 months ago - Seeking Alpha

McDonald's And Microsoft Among 12 Companies To Announce Annual Increases In September

This is my latest article where I provide predictions of upcoming dividend increases from companies with long-term dividend growth histories. Dividend growth in August was strong, with several compani...

Other symbols: MCDMSFTACNAWRBANFBMIBR
3 months ago - Seeking Alpha

5 Upcoming Dividend Increases Including A New Dividend King

I focus on companies with consistent annual dividend increases, signaling financial strength and reliable cash flow for long-term investors. This week's highlighted list features firms with an average...

Other symbols: GSNBTBSCHDSWKSUNP
3 months ago - Seeking Alpha

MGE Energy Increases Dividend for 50th Consecutive Year

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Increases Dividend for 50th Consecutive Year.

4 months ago - Business Wire

MGE Energy (MGEE) Q2 EPS Rises 10.6%

MGE Energy (MGEE) Q2 EPS Rises 10.6%

4 months ago - The Motley Fool

MGE Energy Reports Second-Quarter 2025 Earnings

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Second-Quarter 2025 Earnings.

4 months ago - Business Wire

MGE Energy: The Next Dividend King Remains A Hold Now

MGE Energy is likely going to announce its latest dividend raise in August, which would mark its 50th consecutive year of dividend growth. The electric and gas utility is investing significantly in ex...

5 months ago - Seeking Alpha

MGE Energy Issues June 2025 'Inside View'

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Issues June 2025 'Inside View'.

6 months ago - Business Wire

MGE Energy to Present at the 2025 AGA Financial Forum

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy, Inc. (Nasdaq: MGEE), management will be presenting at the 2025 AGA Financial Forum on May 18, 2025.

7 months ago - Business Wire

MGE Energy Reports First-Quarter 2025 Earnings

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports First-Quarter 2025 Earnings.

7 months ago - Business Wire

MGE to Add More Local Solar and Battery Storage with Sunnyside Solar Energy Center

MADISON, Wis.--(BUSINESS WIRE)--MGE to Add More Local Solar and Battery Storage with Sunnyside Solar Energy Center.

7 months ago - Business Wire

MGE Energy: This Small Utility Looks Substantially Overvalued

MGE Energy, Inc., a small utility serving Madison, Wisconsin, has a high market capitalization relative to its customer base, suggesting potential overvaluation. Despite a strong historical performanc...

8 months ago - Seeking Alpha

MGE to Add More Solar and Battery Storage With Purchase of High Noon Solar Energy Center

MADISON, Wis.--(BUSINESS WIRE)--MGE to Add More Solar and Battery Storage with Purchase of High Noon Solar Energy Center.

8 months ago - Business Wire

Dividend Kings Of The Future Continued

A list of 8 companies that are projected to reach Dividend King status in the future. These companies offer various dividend yields ranging from 0.80% to nearly 4.5%. The average 10-year dividend grow...

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9 months ago - Seeking Alpha

Dividend Kings Of The Future

A list of 9 companies that may reach Dividend King status in the near future. These companies span various sectors and offer investors a wide range of dividend growth rates and yields. A few of these ...

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9 months ago - Seeking Alpha

MGE Energy Reports Fourth-Quarter and Full-Year 2024 Earnings

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Fourth-Quarter and Full-Year 2024 Earnings.

10 months ago - Business Wire

MGE Energy: Now Is Not The Time To Buy (Rating Downgrade)

Last summer, MGE Energy announced a dividend increase for the 49th consecutive year. The company upped its five-year capital investment outlook. MGEE enjoys an AA- credit rating from S&P on a stable o...

11 months ago - Seeking Alpha