MGEEUtilities · Utilities - Regulated ElectricThe 6 Wall Street analysts covering MGE Energy, Inc. hold a median 12-month price target of $78 — +0.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 44 of 100 as at 4 Nov 2026 — in the lower half.
Consensus tells you what everyone already believes. The model scores MGE Energy, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Quality (81): The business earns solid, repeatable profits on what it owns.
Issuance (30): The company has been issuing shares or taking on financing, diluting existing holders.
Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.
The bullish and bearish analyst opinions on MGEE, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +0.5% from it.
Of the 20 most recent actions, 1 moved their price target up and 2 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 21 Oct 2026 | Morgan Stanley | Maintains | Underweight | $71 → $72 |
| 15 Oct 2026 | JP Morgan | Initiates | Neutral | $76 |
| 24 Sept 2026 | B of A Securities | Initiates | Neutral | $76 |
| 24 Sept 2026 | B of A Securities | Initiates | Neutral | — |
| 18 Sept 2026 | Morgan Stanley | Maintains | Underweight | $74 → $71 |
| 18 Sept 2026 | Morgan Stanley | Maintains | Underweight | — |
| 21 Aug 2026 | Morgan Stanley | Maintains | Underweight | — |
| 21 Aug 2026 | Morgan Stanley | Maintains | Underweight | $76 → $74 |
| 8 June 2026 | Ladenburg Thalmann | Upgrade | Buy | $81 |
| 8 June 2026 | Ladenburg Thalmann | Upgrade | Buy | — |
| 21 Apr 2026 | Morgan Stanley | Maintains | Underweight | — |
| 2 Feb 2026 | Morgan Stanley | Maintains | Underweight | — |
| 25 Sept 2025 | Morgan Stanley | Maintains | Underweight | — |
| 11 Sept 2025 | Ladenburg Thalmann | Upgrade | Neutral | — |
| 22 May 2025 | Morgan Stanley | Maintains | Underweight | — |
| 23 Apr 2025 | Morgan Stanley | Maintains | Underweight | — |
| 20 Mar 2025 | Morgan Stanley | Maintains | Underweight | — |
| 25 Sept 2024 | Morgan Stanley | Maintains | Underweight | — |
| 23 Aug 2024 | Morgan Stanley | Maintains | Underweight | — |
| 24 June 2024 | Morgan Stanley | Maintains | Underweight | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
MGEE appears in the Radar on the weeks it earns a place.
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Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 4 Nov 2026, MGE Energy, Inc. returned −4.6% against +14.8% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 40% of US stocks
Cheaper than 31% of US stocks
Cheaper than 44% of US stocks
Cheaper than 28% of US stocks
Higher than 30% of US stocks
Higher than 64% of US stocks
Higher than 52% of US stocks
Higher than 82% of US stocks
Higher than 82% of US stocks
Higher than 66% of US stocks
Higher than 69% of US stocks
Higher than 85% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
MGE Energy, Inc. has a market value of $2.8B and an enterprise value of $3.8B.
Revenue in the twelve months to 30 June 2026: $769.1M. The latest quarter grew 1.1% year on year.
Net income over the same four quarters: $149.6M, a 19.5% net margin.
Diluted earnings per share, trailing twelve months: $4.07.
Free cash flow in the twelve months to 30 June 2026: −$164.3M, after $442.4M of capital spending.
MGE Energy, Inc. spent $70.0M on dividends in the twelve months to 30 June 2026.
Trailing P/E: 18.3×; forward P/E: 17.7× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 2.75%, paying out 47% of earnings.
MGE Energy, Inc. employs 726 people — $1.1M of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own MGE Energy, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Zacks Investment Research’s headline frames MGE Energy (MGEE) as a potentially strong dividend stock, while the excerpt poses the question of whether it qualifies without providing supporting details.
Why it matters — MGEE watchers may note the article’s dividend-focused angle, though the excerpt does not explain the basis for its assessment.
MGE Energy reported Q3 earnings of $1.48 per share, above the Zacks Consensus Estimate of $1.16. Earnings were $1.22 per share in the year-ago quarter.
Why it matters — MGEE watchers may note that quarterly earnings exceeded the stated consensus estimate and were higher than a year earlier.
Zacks Investment Research named MGE Energy among four companies it described as offering promising growth opportunities in wind energy, alongside a projection that U.S. wind power capacity will reach 179.1 GW by 2027.
Why it matters — The item highlights MGE Energy in the context of anticipated U.S. wind-capacity growth.
Zacks Investment Research previewed MGE Energy’s upcoming Q3 earnings report, saying earnings are expected to decline. It also noted that MGE lacks the combination of two key ingredients associated with a likely earnings beat.
Why it matters — MGEE watchers may note the preview’s expectation of declining earnings ahead of the company’s Q3 report.
Dividend Kings outperformed the SPY year to date through October, rising 13.5% versus 12.32%, following a strong October rebound. The article says 26 Kings appear potentially undervalued and offer expected long-term annualized returns of at least 10%, while average 2026 dividend growth is 4.65%.
Why it matters — The article discusses dividend-growth stocks broadly, but the excerpt does not mention MGE Energy, so it offers no company-specific update for MGEE watchers.
The 6 Wall Street analysts covering MGE Energy, Inc. have a median 12-month price target of $78, with estimates ranging from $72 to $81. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 6 analysts covering MGE Energy, Inc., 2 rate it a Buy, 3 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks MGE Energy, Inc. 44 out of 100 across roughly 4,600 US stocks as at 4 Nov 2026. None of this is personal advice — it does not consider your circumstances.
As at 4 Nov 2026, MGE Energy, Inc. ranks 44 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Quality (81 of 100).
No one can know that. What the data says: the median 12-month target from 6 analysts implies +0.5% from the last close, and Ticker Nerd's factor model ranks MGE Energy, Inc. 44 out of 100 as at 4 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering MGE Energy, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for MGEE are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $72 to $81 over the next 12 months.
MGE Energy, Inc. returned -4.6% over the 12 months to 4 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.
MGE Energy Inc. is an investor-owned public utility holding company headquartered in Madison, Wisconsin.
The most recent item we track (Zacks Investment Research, 4 Nov 2026): "Why MGE (MGEE) is a Great Dividend Stock Right Now". Zacks Investment Research’s headline frames MGE Energy (MGEE) as a potentially strong dividend stock, while the excerpt poses the question of whether it qualifies without providing supporting details.
MGE Energy Inc. is an investor-owned public utility holding company headquartered in Madison, Wisconsin. Through its principal subsidiary, Madison Gas and Electric, it provides regulated electric and natural gas service to residential, commercial, and industrial customers in south-central and western Wisconsin. The company’s operations center on generating, purchasing, and distributing electricity, along with purchasing and distributing natural gas through its utility network. MGE Energy also participates in nonregulated energy operations, including ownership and leasing of electric generating capacity, and holds transmission investments that support regional power delivery. In addition, the company offers energy-related services such as efficiency programs and utility support solutions for customers and communities. As a utility-focused business, MGE Energy plays a central role in providing essential energy infrastructure and services within its service territory.
CEO Mr. Jeffrey M. Keebler · 726 employees · United States · https://www.mgeenergy.com
