12 Month Price Forecast For MGEE
Distance to MGEE Price Forecasts
MGEE Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: February 15, 2025 4:06 AM UTC
MGEE Analyst Ratings & Price Targets
Based on our analysis of 2 Wall Street analysts, MGEE has a bearish consensus with a median price target of $76.50 (ranging from $76.00 to $77.00). Currently trading at $89.44, the median forecast implies a -14.5% downside. This outlook is supported by 0 Buy, 0 Hold, and 2 Sell ratings.
The most optimistic forecast comes from Stephen Byrd at Morgan Stanley, projecting a 13.9% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
MGEE Analyst Consensus
MGEE Price Target Range
Latest MGEE Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for MGEE.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Sep 25, 2024 | Morgan Stanley | Stephen Byrd | Underweight | Maintains | $74.00 |
Aug 23, 2024 | Morgan Stanley | Stephen Byrd | Underweight | Maintains | $71.00 |
Jun 24, 2024 | Morgan Stanley | Stephen Byrd | Underweight | Maintains | $65.00 |
May 28, 2024 | Morgan Stanley | Stephen Byrd | Underweight | Maintains | $68.00 |
Nov 21, 2023 | Morgan Stanley | Stephen Byrd | Underweight | Maintains | $62.00 |
Oct 25, 2023 | Morgan Stanley | Stephen Byrd | Underweight | Maintains | $61.00 |
Sep 21, 2023 | Morgan Stanley | Stephen Byrd | Underweight | Maintains | $65.00 |
Aug 23, 2023 | Morgan Stanley | Underweight | Maintains | $0.00 | |
Jul 21, 2023 | Morgan Stanley | Underweight | Maintains | $0.00 | |
Jun 23, 2023 | Morgan Stanley | Stephen Byrd | Underweight | Maintains | $68.00 |
May 22, 2023 | Morgan Stanley | Stephen Byrd | Underweight | Maintains | $70.00 |
Apr 20, 2023 | Morgan Stanley | Stephen Byrd | Underweight | Maintains | $72.00 |
Mar 21, 2023 | Morgan Stanley | Stephen Byrd | Underweight | Maintains | $68.00 |
Feb 22, 2023 | Morgan Stanley | Stephen Byrd | Underweight | Maintains | $72.00 |
Jan 30, 2023 | Morgan Stanley | Stephen Byrd | Underweight | Maintains | $68.00 |
Jan 23, 2023 | Morgan Stanley | Stephen Byrd | Underweight | Maintains | $67.00 |
Dec 15, 2022 | Morgan Stanley | Stephen Byrd | Underweight | Maintains | $66.00 |
Nov 11, 2022 | Morgan Stanley | Stephen Byrd | Underweight | Maintains | $63.00 |
Oct 21, 2022 | Morgan Stanley | Stephen Byrd | Underweight | Maintains | $59.00 |
Sep 22, 2022 | Morgan Stanley | Stephen Byrd | Underweight | Maintains | $75.00 |
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The following stocks are similar to MGE Energy based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
MGE Energy Inc (MGEE) Financial Data
MGE Energy Inc has a market capitalization of $3.28B with a P/E ratio of 27.7x. The company generates $653.68M in trailing twelve-month revenue with a 18.1% profit margin.
Revenue growth is +5.0% quarter-over-quarter, while maintaining an operating margin of +29.6% and return on equity of +10.2%.
Valuation Metrics
Growth & Margins
Financial Health
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MGE Energy Inc (MGEE) Company Overview
About MGE Energy Inc
Operates as a public utility holding company.
The company generates, purchases, and distributes electricity and natural gas, primarily in Wisconsin and Iowa. It operates through various segments, including regulated electric and gas utility operations, and makes money by providing essential energy services and infrastructure to a substantial customer base.
MGE Energy, Inc. owns significant electric distribution infrastructure, including 835 miles of overhead lines and 1,330 miles of underground cables. It also has a diverse energy generation portfolio, utilizing coal, gas, and renewable sources. The company serves approximately 163,000 customers and was founded in 2001, with its headquarters in Madison, Wisconsin.
Company Information
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
0
CEO
Mr. Jeffrey M. Keebler
Country
United States
IPO Year
1990
Website
www.mgeenergy.comMGE Energy Inc (MGEE) Latest News & Analysis
MGE Energy raised its dividend for the 49th year and updated its five-year capital investment outlook. It holds an AA- credit rating from S&P with a stable outlook.
MGE Energy's consistent dividend increase signals financial stability, while a higher capital investment outlook suggests growth potential. The AA- credit rating reinforces its solid financial health.
MGE Energy Reports Third-Quarter 2024 Earnings
3 months agoMGE Energy has reported its third-quarter 2024 earnings, providing financial results for the period. Further details would be available in their official earnings report.
MGE Energy's third-quarter earnings report indicates financial performance trends, impacting stock valuation and investor sentiment in the energy sector.
MGE (MGEE) Lags Q3 Earnings Estimates
3 months agoMGE (MGEE) reported Q3 earnings of $1.13 per share, below the Zacks estimate of $1.17. This represents an increase from $1.05 per share in the same quarter last year.
MGE's earnings miss may signal weaker performance than expected, potentially affecting stock prices and investor sentiment. Year-over-year growth indicates some resilience, but guidance will be key.
MGE (MGEE) is being evaluated as a potential strong dividend stock for investors, highlighting the challenges in identifying quality dividend-paying companies.
MGE's potential as a dividend stock can attract income-focused investors, impacting its stock price and overall market perception. Performance in dividends can signal financial health and stability.
5 September Dividend Raises- Yield Up To 4.9%
4 months agoIn September, five stocks in an 85-stock portfolio raised dividends, including Duke Energy and Broadcom. The portfolio shows a 6.4% forward yield and 16.47% YTD performance.
Dividend raises indicate strong company performance and financial health, boosting investor confidence. The portfolio's high yield and solid YTD performance attract income-focused investors.
MGE (MGEE) is being evaluated for its potential as a strong dividend stock, highlighting the challenges investors face in identifying quality dividend-paying companies.
MGE's potential as a dividend stock could attract investors seeking income, impacting its market value and overall demand for the shares.
Frequently Asked Questions About MGEE Stock
What is MGE Energy Inc's (MGEE) stock forecast for 2025?
Based on our analysis of 2 Wall Street analysts, MGE Energy Inc (MGEE) has a median price target of $76.50. The highest price target is $77.00 and the lowest is $76.00.
Is MGEE stock a good investment in 2025?
According to current analyst ratings, MGEE has 0 Buy ratings, 0 Hold ratings, and 2 Sell ratings. The stock is currently trading at $89.44. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for MGEE stock?
Wall Street analysts predict MGEE stock could reach $76.50 in the next 12 months. This represents a -14.5% decrease from the current price of $89.44. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is MGE Energy Inc's business model?
The company generates, purchases, and distributes electricity and natural gas, primarily in Wisconsin and Iowa. It operates through various segments, including regulated electric and gas utility operations, and makes money by providing essential energy services and infrastructure to a substantial customer base.
What is the highest forecasted price for MGEE MGE Energy Inc?
The highest price target for MGEE is $77.00 from Stephen Byrd at Morgan Stanley, which represents a -13.9% decrease from the current price of $89.44.
What is the lowest forecasted price for MGEE MGE Energy Inc?
The lowest price target for MGEE is $76.00 from at , which represents a -15.0% decrease from the current price of $89.44.
What is the overall MGEE consensus from analysts for MGE Energy Inc?
The overall analyst consensus for MGEE is bearish. Out of 2 Wall Street analysts, 0 rate it as Buy, 0 as Hold, and 2 as Sell, with a median price target of $76.50.
How accurate are MGEE stock price projections?
Stock price projections, including those for MGE Energy Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.