
MGE Energy, Inc.
MGEENASDAQUtilitiesRegulated Electric
Previous close
$78.66
−$1.82 · -2.26%
MGEE company overview
Regular session · ET · Market data may be delayed.
GoAI snapshot
AI-powered factor overview
GoAI score
Buy
Favorable setup — positive multi-factor alignment
Valuation
72
Undervalued
Momentum
43
Neutral
Sentiment
63
Bullish
Risk resilience
77
Moderate Risk
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
AI-generated, informational only, and not investment advice.
Company profile
Company websiteMGE Energy, Inc. operates as a public utility holding company, primarily conducting its business in Wisconsin through various subsidiary entities. The company's operations are divided into several key segments: Regulated Electric Utility, Regulated Gas Utility, Nonregulated Energy, Transmission Investments, and an "All Other" category. Its core activities involve the generation, acquisition, and delivery of electricity, utilizing owned or leased power generation facilities situated in both Wisconsin and Iowa. Furthermore, MGE Energy undertakes the planning, construction, operation, maintenance, and expansion of transmission infrastructure to provide essential transmission services. The company's electricity generation portfolio includes coal-fired, gas-fired, and renewable energy sources, supplemented by power purchased under both short-term and long-term agreements. As of December 31, 2021, MGE Energy was supplying electricity to 159,000 customers in Dane County, Wisconsin, and distributing natural gas to 169,000 customers across seven Wisconsin counties. The company maintains its corporate headquarters in Madison, Wisconsin.
- Industry
- Regulated Electric
- Sector
- Utilities
- Headquarters
- US
- CEO
- Jeffrey Keebler
- Listed since
- Mar 17, 1980
- Employees
- 726
Market position
Day range
Current $78.66
52-week range
Current $78.66
- Open
- $81.255
- Previous close
- $80.48
- Volume
- 119.34K
- 0.43× average
- Average volume
- 274.56K
- Average daily volume
- Market cap
- 2.97B USD
- Beta
- 0.71
- Market reference 1
- 50-day average
- $80.3938
- -2.16% below average
- 200-day average
- $79.2578
- -0.75% below average
Financials
Financial snapshot
Latest / TTMValuation & yield
- P/E (TTM)
- 19.37×
- P/B (TTM)
- 2.04×
- P/S (TTM)
- 3.86×
- Dividend yield
- 2.42%
Profitability & efficiency
- Gross margin
- 85.41%
- Operating margin
- 22.02%
- Net margin
- 19.45%
Financial health
- Debt / equity
- 0.62×
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 743.65M USD | 676.94M USD | 690.43M USD | 714.52M USD | 606.58M USD |
| Cost of goods sold | 20M USD | 398.12M USD | 421.39M USD | 470.6M USD | 393.03M USD |
| Gross profit | 723.65M USD | 278.83M USD | 269.04M USD | 243.92M USD | 213.55M USD |
| Operating expenses | 553M USD | 132.57M USD | 122.66M USD | 106.18M USD | 96.26M USD |
| Interest expense | 33.8M USD | 32.93M USD | 30.43M USD | 26.65M USD | 24.11M USD |
| Depreciation and amortization | 114.32M USD | 108.58M USD | 100.35M USD | 85.55M USD | 76.98M USD |
| Operating income | 170.65M USD | 146.26M USD | 146.39M USD | 137.74M USD | 117.29M USD |
| Net income | 135.89M USD | 120.57M USD | 117.7M USD | 110.95M USD | 105.76M USD |
Company facts updated Aug 24, 2026.
Analyst ratings
Third-party consensus; not a GoAI recommendation.
Rating distribution
4 ratingsLimited analyst sample: 4 ratings. Interpret the distribution with caution.
Corporate actions
Annual dividends per share
Cash distributions grouped by calendar year; partial years are marked.
$1.85
2025 complete year+22.1% since 2021
2026 partial: $0.95
$1.515
2,021
$1.59
2,022
$1.67
2,023
$1.755
2,024
$1.85
2,025
$0.95
2,026*
* Partial calendar year in the available dividend history.
Corporate action history
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Jun 1, 2026 | $0.475Quarterly | Jun 1, 2026 | Jun 15, 2026 |
Dividend | Feb 27, 2026 | $0.475Quarterly | Mar 1, 2026 | Mar 15, 2026 |
Dividend | Dec 1, 2025 | $0.475Quarterly | Dec 1, 2025 | Dec 15, 2025 |
Dividend | Aug 29, 2025 | $0.475Quarterly | Sep 1, 2025 | Sep 15, 2025 |
Dividend | May 30, 2025 | $0.45Quarterly | Jun 1, 2025 | Jun 15, 2025 |
Dividend | Feb 28, 2025 | $0.45Quarterly | Mar 1, 2025 | Mar 15, 2025 |
Ex-dividend Jun 1, 2026
$0.475
Quarterly
Record Jun 1, 2026 · Payment Jun 15, 2026
Ex-dividend Feb 27, 2026
$0.475
Quarterly
Record Mar 1, 2026 · Payment Mar 15, 2026
Ex-dividend Dec 1, 2025
$0.475
Quarterly
Record Dec 1, 2025 · Payment Dec 15, 2025
Ex-dividend Aug 29, 2025
$0.475
Quarterly
Record Sep 1, 2025 · Payment Sep 15, 2025
Ex-dividend May 30, 2025
$0.45
Quarterly
Record Jun 1, 2025 · Payment Jun 15, 2025
Ex-dividend Feb 28, 2025
$0.45
Quarterly
Record Mar 1, 2025 · Payment Mar 15, 2025
MGEE peers
ETFs holding MGEE
Funds reporting this stock among their holdings, ordered by reported position size.
iShares Core S&P Small-Cap ETFIJR186.18M0.16%111.19B USD0.06%$147.31+0.64%
Vanguard Morningstar Total Stock Market ETFVTI96.22M0.00%2.3T USD0.03%$378.24+0.44%
iShares Russell 2000 ETFIWM76.64M0.09%81.62B USD0.19%$299.96+0.77%
Vanguard Morningstar Small-Cap ETFVB68.98M0.04%183.4B USD0.03%$304.76+0.64%
Vanguard Morningstar Small-Cap Value ETFVBR43.83M0.06%68.3B USD0.05%$249.18+0.68%
Vanguard Extended Market ETFVXF34.53M0.04%93.7B USD0.05%$245.53+0.82%
First Trust Value Line Dividend Index FundFVD32.78M0.40%8.29B USD0.62%$50.70+0.06%
State Street SPDR Portfolio S&P 600 Small Cap ETFSPSM28.52M0.17%17.03B USD0.03%$57.28+0.61%
iShares Core S&P Small-Cap ETFIJR- Market value
- 186.18M
- Weight
- 0.16%
- AUM
- 111.19B USD
- Expense ratio
- 0.06%
- Price / 1D
- $147.31+0.64%
Vanguard Morningstar Total Stock Market ETFVTI- Market value
- 96.22M
- Weight
- 0.00%
- AUM
- 2.3T USD
- Expense ratio
- 0.03%
- Price / 1D
- $378.24+0.44%
iShares Russell 2000 ETFIWM- Market value
- 76.64M
- Weight
- 0.09%
- AUM
- 81.62B USD
- Expense ratio
- 0.19%
- Price / 1D
- $299.96+0.77%
Vanguard Morningstar Small-Cap ETFVB- Market value
- 68.98M
- Weight
- 0.04%
- AUM
- 183.4B USD
- Expense ratio
- 0.03%
- Price / 1D
- $304.76+0.64%
Vanguard Morningstar Small-Cap Value ETFVBR- Market value
- 43.83M
- Weight
- 0.06%
- AUM
- 68.3B USD
- Expense ratio
- 0.05%
- Price / 1D
- $249.18+0.68%
Vanguard Extended Market ETFVXF- Market value
- 34.53M
- Weight
- 0.04%
- AUM
- 93.7B USD
- Expense ratio
- 0.05%
- Price / 1D
- $245.53+0.82%
First Trust Value Line Dividend Index FundFVD- Market value
- 32.78M
- Weight
- 0.40%
- AUM
- 8.29B USD
- Expense ratio
- 0.62%
- Price / 1D
- $50.70+0.06%
State Street SPDR Portfolio S&P 600 Small Cap ETFSPSM- Market value
- 28.52M
- Weight
- 0.17%
- AUM
- 17.03B USD
- Expense ratio
- 0.03%
- Price / 1D
- $57.28+0.61%
Continue in GoAI
Research MGEEresearch.disclaimer





