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MGE Energy Inc.

MGEE

Last
$70.22
Day
-0.7%
1y
-16.2%
5y
-6.4%
52w
-19.6%
SPY YTD
+13.3%
XLU
-4.9%
Earnings
2026-11-0424d
EMA 21
71.98
EMA 50
74.77
EMA 200
78.41
20d high
-8.3%
5y high
-35.2%
5y range
19th
Website · 726 employees · United States

Positions held

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Score
-6
Hold
avoid
Signal
Sell
Target
$73.64
Stop
$68.30
Stop distance
2.7%
Target vs last
+4.9%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • MGE Energy operates in the regulated electric utilities sector, which typically benefits from stable demand and regulated pricing, providing a reliable revenue stream.
  • In the most recent quarter, MGE Energy reported a gross margin of 42.2%, an increase from 36.1% in the prior quarter.
  • The company has shown a significant earnings growth of 23.6%.
Bear case
  • MGE Energy's debt-to-equity ratio stands at 64.86, indicating a relatively high level of debt compared to equity, which could pose risks in a rising interest rate environment.
  • The company experienced a revenue decline of 34% compared to the prior quarter, dropping from $243 million to $161 million.
  • The current market sentiment is negative, reflected in a sell signal with a score of -6.00.

Fundamentals

Market cap$2.67BEnterprise value$3.59BTrailing P/E17.38Forward P/E16.86
PEG4.12Price / book1.86Beta0.69Dividend yield2.88%
Revenue growth1.1%Earnings growth23.6%Gross margin41.2%Operating margin22.7%
Profit margin19.9%ROE11.0%ROA3.7%Debt / equity0.65
Current ratio1.14Free cash flow-$206.61MAnalyst recommendationholdMean target$76.80
52w high$87.9452w low$68.01

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$161M$243M$190M$176M$159M—
Op margin20.2%21.9%17.1%29.1%21.5%—
Net income$33.4M$48.5M$23.3M$44.5M$26.5M—
Gross margin42.2%36.1%35.8%49.0%43.0%—
Gross profit$67.9M$87.5M$67.9M$86.0M$68.5M—
Operating income$32.6M$53.2M$32.5M$51.1M$34.2M—
  • Revenue -34% vs prior quarter ($161M vs $243M).
  • Gross margin 42.2% (was 36.1% prior quarter).

Yearly (6y)

2025202420232022
Revenue$744M$677M$690M$715M
Op margin22.9%21.6%21.2%19.3%
Net income$136M$121M$118M$111M
Gross margin41.5%41.2%39.0%34.1%
Gross profit$309M$279M$269M$244M
Operating income$171M$146M$146M$138M
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

MGEE · daily-2.7% over 13 sessions
Close EMA21 EMA50 EMA200
67.7269.3370.9472.5574.162026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$61M$121M$182M$243M0%24%49%2025-Q22025-Q32025-Q42026-Q12026-Q2