MGE Energy Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 41 out of 66 in the Electric Utilities & IPPs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Sell, with the highest price target at 78.75.In the medium term, the stock price is expected to remain stable.Despite a weak 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.
Media Coverage
The current financial score of MGE Energy Inc is 7.13, ranking 38 out of 66 in the Electric Utilities & IPPs industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 242.70M, representing a year-over-year increase of 10.84%, while its net profit experienced a year-over-year increase of 16.56%.
Key Metrics
The current valuation score of MGE Energy Inc is 5.35, ranking 63 out of 66 in the Electric Utilities & IPPs industry. Its current P/E ratio is 19.05, which is 73.14% below the recent high of 32.98 and 0.99% above the recent low of 18.86.
The current earnings forecast score of MGE Energy Inc is 4.00, ranking 57 out of 66 in the Electric Utilities & IPPs industry. The average price target is 79.25, with a high of 83.50 and a low of 75.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of MGE Energy Inc is 6.84, ranking 20 out of 66 in the Electric Utilities & IPPs industry. Currently, the stock price is trading between the resistance level at 79.92 and the support level at 70.93, making it suitable for range-bound swing trading.
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The current institutional shareholding score of MGE Energy Inc is 7.00, ranking 18 out of 66 in the Electric Utilities & IPPs industry. The latest institutional shareholding proportion is 71.56%, representing a quarter-over-quarter increase of 17.19%. The largest institutional shareholder is Paul Tudor Jones, holding a total of 105.11K shares, representing 0.28% of shares outstanding, with 167.27% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Electric Utilities & IPPs domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of MGE Energy Inc is 9.46, ranking 22 out of 66 in the Electric Utilities & IPPs industry. The company's beta value is 0.74. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. MGE Energy Inc’s latest ESG disclosure leads the Electric Utilities & IPPs industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
