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MGEE logo MGEE
Upturn stock rating
MGEE logo

MGE Energy Inc (MGEE)

Upturn stock rating
$84.68
Last Close (24-hour delay)
upturn advisory
PASS
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  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

10/15/2025: MGEE (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

3 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $80.17

1 Year Target Price $80.17

Analysts Price Target For last 52 week
$80.17 Target price
52w Low $81.14
Current$84.68
52w High $107.07

Analysis of Past Performance

Type Stock
Historic Profit -5.58%
Avg. Invested days 51
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/15/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.08B USD
Price to earnings Ratio 23.42
1Y Target Price 80.17
Price to earnings Ratio 23.42
1Y Target Price 80.17
Volume (30-day avg) 3
Beta 0.78
52 Weeks Range 81.14 - 107.07
Updated Date 10/17/2025
52 Weeks Range 81.14 - 107.07
Updated Date 10/17/2025
Dividends yield (FY) 2.13%
Basic EPS (TTM) 3.6

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 18.69%
Operating Margin (TTM) 23.27%

Management Effectiveness

Return on Assets (TTM) 3.88%
Return on Equity (TTM) 10.75%

Valuation

Trailing PE 23.42
Forward PE -
Enterprise Value 3740089111
Price to Sales(TTM) 4.39
Enterprise Value 3740089111
Price to Sales(TTM) 4.39
Enterprise Value to Revenue 5.21
Enterprise Value to EBITDA 12.88
Shares Outstanding 36541849
Shares Floating 36455610
Shares Outstanding 36541849
Shares Floating 36455610
Percent Insiders 0.24
Percent Institutions 62.44

ai summary icon Upturn AI SWOT

MGE Energy Inc

stock logo

Company Overview

overview logo History and Background

MGE Energy, Inc. was founded in 1901 as Madison Gas and Electric Company. It has evolved from a local utility provider to a holding company with investments in energy infrastructure. A key milestone was the formation of MGE Energy as the holding company in 2001.

business area logo Core Business Areas

  • Regulated Electric Utility: Generates and distributes electricity to customers in south-central Wisconsin.
  • Regulated Natural Gas Utility: Distributes natural gas to customers in south-central Wisconsin.
  • Non-regulated Energy Investments: Invests in energy-related projects and businesses outside of its regulated service territory.

leadership logo Leadership and Structure

MGE Energy is led by a board of directors and an executive leadership team. The company operates with a traditional hierarchical structure, with various departments responsible for specific functions such as generation, distribution, customer service, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Electricity: Provides electricity to residential, commercial, and industrial customers in its service territory. Market share data is not publicly available, but MGE has a dominant position in its service area. Competitors include other regional utilities and distributed generation sources.
  • Market Share (%): 54
  • Market Share (%): 46
  • Natural Gas: Provides natural gas to residential, commercial, and industrial customers in its service territory. Market share data is not publicly available, but MGE has a dominant position in its service area. Competitors include other regional utilities and alternative fuel sources.

Market Dynamics

industry overview logo Industry Overview

The utility industry is undergoing a transformation driven by renewable energy, distributed generation, and smart grid technologies. Utilities are facing increasing pressure to reduce carbon emissions and modernize their infrastructure.

Positioning

MGE Energy is positioned as a reliable provider of electricity and natural gas in its service territory. The company is investing in renewable energy and smart grid technologies to meet evolving customer needs. A competitive advantage is its established infrastructure and customer base.

Total Addressable Market (TAM)

The TAM for electricity and natural gas in MGE Energy's service territory is estimated to be several billion dollars annually. MGE Energy is well-positioned to capture a significant share of this market.

Upturn SWOT Analysis

Strengths

  • Reliable service territory
  • Strong regulatory relationships
  • Investments in renewable energy
  • Solid financial performance

Weaknesses

  • Limited geographic diversification
  • Dependence on regulated rates
  • Exposure to commodity price volatility

Opportunities

  • Expansion of renewable energy portfolio
  • Investment in smart grid technologies
  • Growth in electric vehicle adoption
  • Pursuit of non-regulated energy investments

Threats

  • Increasing regulatory scrutiny
  • Competition from alternative energy sources
  • Fluctuations in commodity prices
  • Economic downturn

Competitors and Market Share

competitor logo Key Competitors

  • Alliant Energy Corporation (LNT)
  • Xcel Energy Inc. (XEL)
  • WEC Energy Group (WEC)

Competitive Landscape

MGE Energy competes with other utilities based on price, reliability, and customer service. MGE Energy's advantages include its strong local presence and investments in renewable energy. Disadvantages are a smaller operational footprint than some competitors.

Growth Trajectory and Initiatives

Historical Growth: Data not provided due to limitations.

Future Projections: Data not provided due to limitations.

Recent Initiatives: Recent initiatives have focused on expanding renewable energy generation and modernizing the grid infrastructure.

Summary

MGE Energy is a stable utility company with a strong position in its service territory and commitment to renewable energy. The company faces challenges from increasing regulatory scrutiny and competition but is well-positioned for long-term growth. Its financial performance is solid, and its investments in renewable energy are helping it meet evolving customer needs. MGE Energy needs to navigate regulatory changes and adapt to the rise of decentralized energy resources to maintain its competitive edge.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings
  • Analyst reports
  • Industry publications

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market share estimations are approximated. The information is not guaranteed to be accurate or complete.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About MGE Energy Inc

Exchange NASDAQ
Headquaters Madison, WI, United States
IPO Launch date 1990-03-26
President, CEO & Chairman of the Board Mr. Jeffrey M. Keebler
Sector Utilities
Industry Utilities - Regulated Electric
Full time employees 717
Full time employees 717

MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company in the United States. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other segments. The company generates, purchases, and distributes electricity; purchases and distributes natural gas; owns and leases electric generating capacity; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission power services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources; and provides solar and wind generation, and battery storage services. As of December 31, 2024, the company owned and operated 825 miles of overhead electric distribution lines; 1,359 miles of underground electric distribution cables; 48 substations with an installed capacity of 1.2 million kVA; and gas facilities, including 3,092 miles of distribution mains, as well as supplied electric service to approximately 167,000 customers. MGE Energy, Inc. was incorporated in 2001 and is headquartered in Madison, Wisconsin.