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MGE Energy Inc (MGEE) Stock Forecast & Price Prediction

Live MGEE Stock Price & Analysis

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$89.44

-1.02 (-1.13%)

12 Month Price Forecast For MGEE

$89.44
Current Price
$3.28B
Market Cap
2 Ratings
Buy 0
Hold 0
Sell 2
Wall St Analyst Ratings

Distance to MGEE Price Forecasts

-13.9%
To High Target of $77.00
-14.5%
To Median Target of $76.50
-15.0%
To Low Target of $76.00

MGEE Price Momentum

-0.9%
1 Week Change
-2.5%
1 Month Change
+36.1%
1 Year Change
-4.8%
Year-to-Date Change
-18.1%
From 52W High of $109.22
+44.4%
From 52W Low of $61.94

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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

0
Buy
0
Hold
2
Sell

MGEE Price Target Range

Low
$76.00
Average
$76.50
High
$77.00
Current: $89.44

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

Stocks Similar to MGE Energy Inc

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

Market Cap $3.28B
Enterprise Value $3.99B
P/E Ratio 27.7x
PEG Ratio 22.4x
Price/Sales 5.0x

Growth & Margins

Revenue Growth (YoY) +5.0%
Gross Margin +48.3%
Operating Margin +29.6%
Net Margin +18.1%
EPS Growth +8.1%

Financial Health

Cash/Price Ratio +0.5%
Current Ratio 1.4x
Debt/Equity 64.3x
ROE +10.2%
ROA +3.5%

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MGE Energy Inc logo

MGE Energy Inc (MGEE) Company Overview

About MGE Energy Inc

What They Do

Operates as a public utility holding company.

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.

Additional Information

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

MGE Energy Inc (MGEE) Latest News & Analysis

MGEE stock latest news image
Quick Summary

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.

Why It Matters

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.

Source: Seeking Alpha
Market Sentiment: Neutral
MGEE stock latest news image
Quick Summary

MGE Energy has reported its third-quarter 2024 earnings, providing financial results for the period. Further details would be available in their official earnings report.

Why It Matters

MGE Energy's third-quarter earnings report indicates financial performance trends, impacting stock valuation and investor sentiment in the energy sector.

Source: Business Wire
Market Sentiment: Neutral
MGEE stock latest news image
Quick Summary

MGE (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.

Why It Matters

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.

Source: Zacks Investment Research
Market Sentiment: Negative
MGEE stock latest news image
Quick Summary

MGE (MGEE) is being evaluated as a potential strong dividend stock for investors, highlighting the challenges in identifying quality dividend-paying companies.

Why It Matters

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.

Source: Zacks Investment Research
Market Sentiment: Positive
MGEE stock latest news image
Quick Summary

In 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.

Why It Matters

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.

Source: Seeking Alpha
Market Sentiment: Positive
MGEE stock latest news image
Quick Summary

MGE (MGEE) is being evaluated for its potential as a strong dividend stock, highlighting the challenges investors face in identifying quality dividend-paying companies.

Why It Matters

MGE's potential as a dividend stock could attract investors seeking income, impacting its market value and overall demand for the shares.

Source: Zacks Investment Research
Market Sentiment: Positive

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.