MGE Energy Inc (MGEE)

MGE Energy Inc. is a U.S. public utility holding company whose common stock trades on NASDAQ under the ticker MGEE. Through its subsidiaries, the company is involved in regulated electric and gas utility operations, nonregulated energy activities, transmission investments, and other related businesses. Its utility operations include generating, purchasing, and distributing electricity and natural gas, as well as owning electric generating capacity and developing transmission facilities. The company also participates in power generation from coal, natural gas, renewable sources, solar and wind projects, and battery storage. Based in Madison, Wisconsin, MGE Energy reported ownership and operation of extensive electric and gas infrastructure, including overhead and underground electric lines, substations, and gas distribution mains, and it served approximately 170,000 electric customers as of December 31, 2025.


Jump directly to the stock analysis sections supported by the latest available data.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NASDAQ-MGEE
$79.01
6.7% Upside
Fair
$77
3.9% Upside
Fair
Fair
2.7%
October 29, 2026
18.9x
2.0x
3.8x
2.799 B
3.616 B
24.8%
99.7%
1.7
46.8%
-109.8%
Valuation • Fair Value

MGE Energy Inc (NASDAQ-MGEE) Fair Value by Valuation Model

Review the available estimates for MGE Energy Inc (NASDAQ-MGEE), including DCF Fair Value, Ben Graham Formula Value, DDM Fair Value, Comps Fair Value.

Primary Valuation Read

Fair Value

$79.01

Estimated upside of 6.7% versus the current market price.

Fair Value Confidence

High

Confidence level for the primary fair value estimate.

DCF Fair Value

$65.01

Discounted cash flow valuation reference.

Ben Graham Formula Value

$43.94

Classic Ben Graham valuation formula reference.

DDM Fair Value

$116.09

Dividend discount model valuation reference.

Comps Fair Value

$80.65

Comparable-company valuation reference.

Analyst Price Target

$77

Analysts imply upside of 3.9%.

How to read these valuation models

Use the 7 available valuation references for MGE Energy Inc (NASDAQ-MGEE) as analytical inputs, not a standalone conclusion. Valuation methods can differ because they rely on different assumptions, time horizons and financial inputs; compare the estimates with the current price and the company’s financial quality.

Profitability • Growth

Profitability & Growth for MGE Energy Inc (NASDAQ-MGEE)

Review the profitability and growth indicators currently supported by the latest data.

Revenue

752.1 M

Current operating scale indicator.

Revenue Forecast

787.1 M

Forward revenue estimate.

EBITDA

288.3 M

Current operating profitability reference.

EBITDA Forecast

304.7 M

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review MGE Energy Inc (NASDAQ-MGEE) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for MGE Energy Inc (NASDAQ-MGEE)

Review the financial quality and risk indicators currently supported by the latest data.

Financial Health

Fair

Mixed or neutral financial-health read.

Piotroski Score

4

Mid-range quality score.

Beneish M-Score

-2.71

No elevated caution signal from this screen.

Altman Z-Score

1.7

Lower score that deserves closer risk review.

FCF / Net Income

-109.8%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for MGE Energy Inc (NASDAQ-MGEE). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for MGE Energy Inc (NASDAQ-MGEE)

Track the upcoming dates and dividend metrics currently supported by the latest data.

Next Earnings Date

October 29, 2026

Days to Earnings

41

Dividend Yield

2.7%

Current income yield reference.

Payout Ratio

46.8%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for MGE Energy Inc (NASDAQ-MGEE), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

MGE Energy Inc (NASDAQ-MGEE) Stock Forecast & Technical Outlook

Review MGE Energy Inc (NASDAQ-MGEE) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Sell

The 15-minute technical read for MGE Energy Inc (NASDAQ-MGEE) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Sell

The 1-hour technical read for MGE Energy Inc (NASDAQ-MGEE) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Sell

The daily technical read for MGE Energy Inc (NASDAQ-MGEE) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Sell

The weekly technical read for MGE Energy Inc (NASDAQ-MGEE) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Strong Sell

The monthly technical read for MGE Energy Inc (NASDAQ-MGEE) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for MGE Energy Inc (NASDAQ-MGEE)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Hold

Based on the available recommendation mix, MGE Energy Inc (NASDAQ-MGEE) has a Hold consensus, with 1 buy, 2 hold and 1 sell recommendations in the current data set.

Buy 1
Hold 2
Sell 1
FAQ Fast Investor Answers

MGE Energy Inc (NASDAQ-MGEE) Stock FAQ

Data-supported answers about MGE Energy Inc (NASDAQ-MGEE), including explicit coverage status where a reliable valuation estimate is not currently available.

Fair Value
$79.01
Estimated upside 6.7%
Valuation Rating
Undervalued
Estimated upside of 6.7%
Analyst Target
$77
Implied upside 3.9%
Financial Health
Fair
Current financial-health read

The current fair value estimate for MGE Energy Inc (NASDAQ-MGEE) is $79.01. This implies an estimated upside of 6.7% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 6.7% versus the current market price.

The available analyst price target for MGE Energy Inc (NASDAQ-MGEE) is $77. The analyst target implies estimated upside of 3.9%.

The current financial health read for MGE Energy Inc (NASDAQ-MGEE) is Fair. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for MGE Energy Inc (NASDAQ-MGEE) is October 29, 2026.

Based on the current data, dividend yield is 2.7%.

The current P/E ratio listed for MGE Energy Inc (NASDAQ-MGEE) is 18.9x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for MGE Energy Inc is 2.799 B.

The current enterprise value listed for MGE Energy Inc is 3.616 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for MGE Energy Inc is NASDAQ-MGEE, and the stock is listed on NASDAQ.

MGE Energy Inc (NASDAQ-MGEE) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for MGE Energy Inc is 24.8%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for MGE Energy Inc is 99.7%. Free float helps investors understand how much of the share base is available for public trading.