MGE Energy Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 41/66 in the Electric Utilities & IPPs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 79.25.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
MGE Energy Inc's Score
Industry at a Glance
Industry Ranking
41 / 66
Overall Ranking
230 / 4562
Industry
Electric Utilities & IPPs
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
2
analysts
Hold
Current Rating
79.250
Target Price
+2.05%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
MGE Energy Inc Highlights
StrengthsRisks
MGE Energy, Inc. is a public utility holding company. The Company's segments include regulated electric utility operations; regulated gas utility operations; nonregulated energy operations, transmission investments, and all other. The regulated electric utility operations segment is engaged in generating, purchasing, and distributing electricity through Madison Gas and Electric Company (MGE). The regulated gas utility operations segment is engaged in purchasing and distributing natural gas through MGE. The nonregulated energy operations segment owns and leases electric generating capacity that assists MGE through MGE Energy's wholly owned subsidiaries MGE Power Elm Road and MGE Power West Campus. The transmission investments segment includes the investment in American Transmission Company LLC, which is engaged in the business of providing electric transmission services in Wisconsin, and ATC Holdco LLC, which facilitates out-of-state electric transmission development and investments.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 47.69%.
Undervalued
The company’s latest PE is 21.33, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 22.85M shares, decreasing 4.08% quarter-over-quarter.
MGE Energy, Inc. is a public utility holding company. The Company's segments include regulated electric utility operations; regulated gas utility operations; nonregulated energy operations, transmission investments, and all other. The regulated electric utility operations segment is engaged in generating, purchasing, and distributing electricity through Madison Gas and Electric Company (MGE). The regulated gas utility operations segment is engaged in purchasing and distributing natural gas through MGE. The nonregulated energy operations segment owns and leases electric generating capacity that assists MGE through MGE Energy's wholly owned subsidiaries MGE Power Elm Road and MGE Power West Campus. The transmission investments segment includes the investment in American Transmission Company LLC, which is engaged in the business of providing electric transmission services in Wisconsin, and ATC Holdco LLC, which facilitates out-of-state electric transmission development and investments.
Ticker SymbolMGEE
CompanyMGE Energy Inc
CEOKeebler (Jeffrey M)
Websitehttps://www.mgeenergy.com/en/
FAQs
What is the current price of MGE Energy Inc (MGEE)?
The current price of MGE Energy Inc (MGEE) is 78.350.
What is the symbol of MGE Energy Inc?
The ticker symbol of MGE Energy Inc is MGEE.
What is the 52-week high of MGE Energy Inc?
The 52-week high of MGE Energy Inc is 96.250.
What is the 52-week low of MGE Energy Inc?
The 52-week low of MGE Energy Inc is 77.460.
What is the market capitalization of MGE Energy Inc?
The market capitalization of MGE Energy Inc is 2.86B.
What is the net income of MGE Energy Inc?
The net income of MGE Energy Inc is 120.57M.
Is MGE Energy Inc (MGEE) currently rated as Buy, Hold, or Sell?
According to analysts, MGE Energy Inc (MGEE) has an overall rating of Hold, with a price target of 79.250.
What is the Earnings Per Share (EPS TTM) of MGE Energy Inc (MGEE)?
The Earnings Per Share (EPS TTM) of MGE Energy Inc (MGEE) is 3.688.