MGE 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.
Latest quote
$75.31
−$0.05 · -0.07%
After-hours
$75.31
$0.00 · 0.00%
Sep 16, 7:30 PM ET
Regular session · ET · Market data may be delayed.
MGE 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.
Day range
Current $75.31
52-week range
Current $75.31
Regular session · ET · Market data may be delayed.
GoAI Score
Buy
Valuation
72
Undervalued
Sentiment
63
Bullish
Risk
23
Moderate Risk
Momentum
43
Neutral
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Thesis, catalysts, evidence, and risk analysis.
MGE 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.
Day range
Current $75.31
52-week range
Current $75.31
Profitability as a percentage of reported revenue.
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 Sep 17, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Average target
$76.00
0.92% upside| Action | Effective date | Details | Record date | Payment date |
|---|---|---|---|---|
Stock split | Feb 10, 2014 | 3:2 | — | — |
Stock split | Feb 21, 1996 | 3:2 | — | — |
Stock split | Jan 22, 1992 | 3:2 | — | — |
Effective Feb 10, 2014
3:2
Effective Feb 21, 1996
3:2
Effective Jan 22, 1992
3:2
Funds reporting this stock among their holdings, ordered by reported position size.
iShares Core S&P Small-Cap ETFIJR172.8M0.16%106.82B USD0.06%$139.46-0.42%
Vanguard Morningstar Total Stock Market ETFVTI93.8M0.00%2.3T USD0.03%$371.26-0.42%
iShares Russell 2000 ETFIWM73.86M0.09%79.89B USD0.19%$283.92-0.43%
Vanguard Morningstar Small-Cap ETFVB67.57M0.04%185.3B USD0.03%$288.98-0.66%
Vanguard Morningstar Small-Cap Value ETFVBR42.85M0.06%68.2B USD0.05%$238.83-0.84%
Vanguard Extended Market ETFVXF34.03M0.03%95.4B USD0.05%$234.39-0.32%
First Trust Value Line Dividend Index FundFVD32.5M0.41%7.93B USD0.62%$48.74-0.55%
iShares Russell 2000 Value ETFIWN26.47M0.19%14.31B USD0.24%$215.86-0.84%
iShares Core S&P Small-Cap ETFIJR
Vanguard Morningstar Total Stock Market ETFVTI
iShares Russell 2000 ETFIWM
Vanguard Morningstar Small-Cap ETFVB
Vanguard Morningstar Small-Cap Value ETFVBR
Vanguard Extended Market ETFVXF
First Trust Value Line Dividend Index FundFVD
iShares Russell 2000 Value ETFIWNAI-generated and delayed market data for informational and educational purposes only. Not investment advice.