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MGE Energy Inc (MGEE)

MGE Energy Inc. is a U.S. public utility holding company whose common stock trades on NASDAQ under the ticker MGEE. Through its subsidiaries, the company is involved in regulated electric and gas utility operations, nonregulated energy activities, transmission investments, and other related businesses. Its utility operations include generating, purchasing, and distributing electricity and natural gas, as well as owning electric generating capacity and developing transmission facilities. The company also participates in power generation from coal, natural gas, renewable sources, solar and wind projects, and battery storage. Based in Madison, Wisconsin, MGE Energy reported ownership and operation of extensive electric and gas infrastructure, including overhead and underground electric lines, substations, and gas distribution mains, and it served approximately 170,000 electric customers as of December 31, 2025.


Stock Summary Fair Value Profitability & Growth Quality & Risk Events & Dividends Technical Outlook FAQ

Jump between the core stock analysis sections, valuation data, fair value models, technical outlook, and FAQ.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Upcoming Dividend Ex-Date Dividend Payment Date Upcoming Dividend Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NASDAQ-MGEE
$75.80
-6.2% Downside
Fair
$77.25
-4.5% Downside
Fair
Good
—
—
1.9
2.3%
July 30, 2026
22.7x
2.4x
4.3x
3.257 B
4.034 B
22.4%
99.7%
1.9
48.0%
-91.5%
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Valuation • Fair Value

MGE Energy Inc (NASDAQ-MGEE) Fair Value by Valuation Model

Compare the primary fair value estimate for MGE Energy Inc (NASDAQ-MGEE) with model-based valuation references such as DCF, Ben Graham, DDM, EPV and comparable-company valuation.

Primary Valuation Read

Fair Value

$75.80

Estimated downside of 6.2% versus the current market price.

Fair Value Confidence

High

Confidence level for the primary fair value estimate.

DCF Fair Value

$60.80

Discounted cash flow valuation reference.

Ben Graham Formula Value

$39.55

Classic Ben Graham valuation formula reference.

DDM Fair Value

$105.36

Dividend discount model valuation reference.

EPV Fair Value

NM

Earnings power value estimate.

Comps Fair Value

$80.94

Comparable-company valuation reference.

Analyst Price Target

$77.25

Analysts imply downside of 4.5%.

How to read these valuation models

Use this section to compare the primary fair value estimate for MGE Energy Inc (NASDAQ-MGEE) with several model-based valuation references. Different models can produce different outputs because each method relies on a different set of assumptions, so the primary fair value estimate should be read alongside the model spread rather than in isolation.

Profitability • Growth

Profitability & Growth for MGE Energy Inc (NASDAQ-MGEE)

A compact read on revenue, forward revenue expectations, EBITDA and operating profitability trends.

Revenue

750.4 M

Current operating scale indicator.

Revenue Forecast

786.3 M

Forward revenue estimate.

EBITDA

288.3 M

Current operating profitability reference.

EBITDA Forecast

314.1 M

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review MGE Energy Inc (NASDAQ-MGEE) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for MGE Energy Inc (NASDAQ-MGEE)

Review financial health, earnings quality and balance-sheet risk through Piotroski, Beneish, Altman and cash conversion metrics.

Financial Health

Good

Positive financial-health read.

Piotroski Score

3

Weak quality score that deserves closer review.

Beneish M-Score

-2.63

No elevated caution signal from this screen.

Altman Z-Score

1.9

Intermediate risk zone.

FCF / Net Income

-91.5%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for MGE Energy Inc (NASDAQ-MGEE). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for MGE Energy Inc (NASDAQ-MGEE)

Track the next earnings date, ex-dividend date, dividend payment date, dividend yield and upcoming distribution details where available.

Next Earnings Date

July 30, 2026

Days to Earnings

9

Dividend Payment Date

Not available

Ex-Dividend Date

Not available

Dividend Yield

2.3%

Income yield reference.

Upcoming Dividend

1.9

Upcoming distribution amount.

Payment Type

Not available

Data is currently unavailable.

Dividend Currency

USD

Currency used for the distribution.

Payout Ratio

48.0%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for MGE Energy Inc (NASDAQ-MGEE), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

MGE Energy Inc (NASDAQ-MGEE) Stock Forecast & Technical Outlook

Review MGE Energy Inc (NASDAQ-MGEE) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Sell

The 15-minute technical read for MGE Energy Inc (NASDAQ-MGEE) is currently Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Sell

The 1-hour technical read for MGE Energy Inc (NASDAQ-MGEE) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Neutral

The daily technical read for MGE Energy Inc (NASDAQ-MGEE) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Buy

The weekly technical read for MGE Energy Inc (NASDAQ-MGEE) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Neutral

The monthly technical read for MGE Energy Inc (NASDAQ-MGEE) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for MGE Energy Inc (NASDAQ-MGEE)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Hold

Based on the available recommendation mix, MGE Energy Inc (NASDAQ-MGEE) has a Hold consensus, with 1 buy, 1 hold and 1 sell recommendations in the current data set.

Buy 1
Hold 1
Sell 1
FAQ • Fast Investor Answers

MGE Energy Inc (NASDAQ-MGEE) Stock FAQ

Quick answers about MGE Energy Inc (NASDAQ-MGEE) stock, including fair value, valuation rating, analyst price target, dividends, earnings dates, market capitalization, financial health and other key stock analysis metrics.

Fair Value
$75.80
Estimated downside 6.2%
Valuation Rating
Overvalued
Estimated downside of 6.2%
Analyst Target
$77.25
Implied downside 4.5%
Financial Health
Good
Current financial-health read

The current fair value estimate for MGE Energy Inc (NASDAQ-MGEE) is $75.80. This implies an estimated downside of 6.2% versus the current market price.

Based on the current fair value estimate, the stock appears overvalued, with estimated downside of 6.2% versus the current market price.

The available analyst price target for MGE Energy Inc (NASDAQ-MGEE) is $77.25. The analyst target implies estimated downside of 4.5%.

The current financial health read for MGE Energy Inc (NASDAQ-MGEE) is Good. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for MGE Energy Inc (NASDAQ-MGEE) is July 30, 2026.

Based on the current data, dividend yield is 2.3%, upcoming dividend amount is 1.9.

The current P/E ratio listed for MGE Energy Inc (NASDAQ-MGEE) is 22.7x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for MGE Energy Inc is 3.257 B.

The current enterprise value listed for MGE Energy Inc is 4.034 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for MGE Energy Inc is NASDAQ-MGEE, and the stock is listed on NASDAQ.

MGE Energy Inc (NASDAQ-MGEE) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for MGE Energy Inc is 22.4%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for MGE Energy Inc is 99.7%. Free float helps investors understand how much of the share base is available for public trading.

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