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Home โบ Stocks โบ Mge Energy Inc. (MGEE) Stock Forecast & Price Prediction United States | NASDAQ | Utilities | Utilities - Regulated Electric
$91.63
+1.92 (2.14%)10 Quality Stocks Worth Considering Now
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Based on our analysis of 2 Wall Street analysts, MGEE has a bearish consensus with a median price target of $75.00 (ranging from $69.00 to $82.00). The overall analyst rating is Sell (2.7/10). Currently trading at $91.63, the median forecast implies a -18.1% downside. This outlook is supported by 0 Buy, 0 Hold, and 3 Sell ratings.
Conversely, the most conservative target is provided by Stephen Byrd at Morgan Stanley, suggesting a 24.7% 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.
These are the latest 20 analyst ratings and price targets for MGEE.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Mar 20, 2025 | Morgan Stanley | Stephen Byrd | Underweight | Maintains | $80.00 |
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 |
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. has a market capitalization of $3.28B with a P/E ratio of 25.3x. The company generates $687.58M in trailing twelve-month revenue with a 18.7% profit margin.
Revenue growth is +14.4% quarter-over-quarter, while maintaining an operating margin of +25.5% and return on equity of +10.6%.
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Provides electricity generation and distribution services.
The company generates, purchases, transmits, and distributes electricity primarily to residential, commercial, and industrial customers in Madison, Wisconsin. It earns revenue through energy sales while investing in renewable sources like wind and solar power, which aligns with its sustainability goals.
Mge Energy Inc. is committed to modernizing the energy grid and enhancing energy efficiency, contributing to carbon footprint reduction and environmental stewardship. Its role in the regional utility sector is crucial for ensuring a reliable and affordable energy supply, fostering economic development in the communities it serves.
Utilities
Utilities - Regulated Electric
717
Mr. Jeffrey M. Keebler
United States
1990
MGE Energy has reported its earnings for the first quarter of 2025. Further details on financial performance were not included in the excerpt.
MGE Energy's first-quarter earnings report can signal financial health and growth potential, influencing stock performance and investor sentiment regarding future profitability.
MGE (MGEE) reported quarterly earnings of $1.14 per share, surpassing the Zacks Consensus Estimate of $0.98 and up from $0.93 per share a year earlier.
MGE's earnings beat estimates and show year-over-year growth, indicating strong financial performance, which may boost investor confidence and stock value.
MGE (MGEE) is not expected to have the necessary factors for a potential earnings beat in its upcoming report. Investors should be aware of this outlook.
MGE's lack of key earnings drivers suggests potential underperformance in its upcoming report, which could negatively impact investor sentiment and stock price.
MGE plans to expand local solar and battery storage capabilities with the development of the Sunnyside Solar Energy Center in Madison, Wisconsin.
MGE's expansion into solar and battery storage signals a shift towards renewable energy, potentially increasing its market value and attracting environmentally conscious investors.
MGE Energy, Inc. has a high market cap relative to its customer base, indicating potential overvaluation. It plans capital investments in solar and wind, despite low dividend yield and high valuation metrics.
MGE Energy's high valuation amid low dividend yield raises concerns of overvaluation. Planned capital investments in renewables could strain finances, impacting future returns for investors.
MGE is expanding its renewable energy portfolio by acquiring the High Noon Solar Energy Center, which will enhance its solar and battery storage capabilities.
MGE's acquisition of the High Noon Solar Energy Center signals a shift towards renewable energy, potentially boosting its growth prospects and aligning with sustainability trends, impacting stock performance.
Based on our analysis of 2 Wall Street analysts, Mge Energy Inc. (MGEE) has a median price target of $75.00. The highest price target is $82.00 and the lowest is $69.00.
According to current analyst ratings, MGEE has 0 Buy ratings, 0 Hold ratings, and 3 Sell ratings. The stock is currently trading at $91.63. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict MGEE stock could reach $75.00 in the next 12 months. This represents a -18.1% decrease from the current price of $91.63. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates, purchases, transmits, and distributes electricity primarily to residential, commercial, and industrial customers in Madison, Wisconsin. It earns revenue through energy sales while investing in renewable sources like wind and solar power, which aligns with its sustainability goals.
The highest price target for MGEE is $82.00 from at , which represents a -10.5% decrease from the current price of $91.63.
The lowest price target for MGEE is $69.00 from Stephen Byrd at Morgan Stanley, which represents a -24.7% decrease from the current price of $91.63.
The overall analyst consensus for MGEE is bearish. Out of 2 Wall Street analysts, 0 rate it as Buy, 0 as Hold, and 3 as Sell, with a median price target of $75.00.
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.
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.