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Upturn stock ratingUpturn stock rating
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MGE Energy Inc (MGEE)

Upturn stock ratingUpturn stock rating
$88.44
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

06/30/2025: 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

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $75

1 Year Target Price $75

Analysts Price Target For last 52 week
$75Target price
Low$70.88
Current$88.44
high$107.68

Analysis of Past Performance

Type Stock
Historic Profit -5.55%
Avg. Invested days 51
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.22B USD
Price to earnings Ratio 24.9
1Y Target Price 75
Price to earnings Ratio 24.9
1Y Target Price 75
Volume (30-day avg) 3
Beta 0.77
52 Weeks Range 70.88 - 107.68
Updated Date 06/29/2025
52 Weeks Range 70.88 - 107.68
Updated Date 06/29/2025
Dividends yield (FY) 2.04%
Basic EPS (TTM) 3.54

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 18.67%
Operating Margin (TTM) 25.54%

Management Effectiveness

Return on Assets (TTM) 3.82%
Return on Equity (TTM) 10.62%

Valuation

Trailing PE 24.9
Forward PE -
Enterprise Value 3953456049
Price to Sales(TTM) 4.68
Enterprise Value 3953456049
Price to Sales(TTM) 4.68
Enterprise Value to Revenue 5.61
Enterprise Value to EBITDA 13.89
Shares Outstanding 36539400
Shares Floating 36455747
Shares Outstanding 36539400
Shares Floating 36455747
Percent Insiders 0.24
Percent Institutions 62.64

Analyst Ratings

Rating 2
Target Price 75
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell 1
Strong Sell 2
Strong Sell 2

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 (MGE). It has evolved from a local utility to a holding company focused on the energy sector, serving south-central Wisconsin.

business area logo Core Business Areas

  • Regulated Electric Utility: MGE's regulated electric utility segment generates, purchases, and distributes electricity to customers primarily in Dane County, Wisconsin.
  • Regulated Gas Utility: MGE's regulated gas utility segment purchases and distributes natural gas to customers in the same service territory.
  • Non-regulated Energy Operations: Includes investments in wind and solar energy projects outside MGE's regulated service territory. These are held through subsidiary companies.

leadership logo Leadership and Structure

MGE Energy is led by a board of directors and an executive management team. The organizational structure is hierarchical, with divisions responsible for electric, gas, and other operations. Jeff Keebler is the current Chairman, President, and CEO.

Top Products and Market Share

overview logo Key Offerings

  • Electricity Distribution: Distribution of electricity to residential, commercial, and industrial customers. MGE has a high market share within its service territory. Competitors are other energy sources (e.g., solar) and energy efficiency measures.
  • Natural Gas Distribution: Distribution of natural gas to residential, commercial, and industrial customers. MGE has a high market share within its service territory. Competitors are alternative heating fuels (e.g., propane, oil) and electrification.
  • Renewable Energy: Investments in and sale of renewable energy generated by owned facilities. Competing with other power generation companies.

Market Dynamics

industry overview logo Industry Overview

The energy industry is undergoing a significant transformation driven by decarbonization, decentralization, and digitalization. Renewable energy sources are gaining market share, and energy efficiency is becoming increasingly important.

Positioning

MGE Energy is positioned as a reliable provider of electricity and natural gas in its service territory. It is also investing in renewable energy projects to meet customer demand and regulatory requirements.

Total Addressable Market (TAM)

The total addressable market encompasses the energy needs of its service territory, plus opportunities in renewable energy investments. Exact TAM is difficult to estimate but includes billions in energy spending in Wisconsin. MGE is positioned to capture a significant portion of this TAM by increasing investments in renewable energy.

Upturn SWOT Analysis

Strengths

  • Established presence in its service territory
  • Reliable infrastructure
  • Strong regulatory relationships
  • Growing investments in renewable energy
  • Good financial performance

Weaknesses

  • Geographic concentration
  • Reliance on regulated business
  • Exposure to commodity price fluctuations
  • Limited growth opportunities outside of Wisconsin

Opportunities

  • Increased demand for renewable energy
  • Expansion of energy efficiency programs
  • Investment in grid modernization
  • Strategic acquisitions in the renewable energy sector

Threats

  • Increased competition from alternative energy sources
  • Changes in regulatory policies
  • Economic downturns
  • Technological disruptions
  • Environmental regulations

Competitors and Market Share

competitor logo Key Competitors

  • WEC (WEC)
  • CMS (CMS)
  • XEL (XEL)

Competitive Landscape

MGE Energy competes with other utilities for customers and investment opportunities. Its competitive advantage lies in its established presence in its service territory and its commitment to renewable energy.

Major Acquisitions

Bluestem Solar Project

  • Year: 2020
  • Acquisition Price (USD millions): 65.3
  • Strategic Rationale: Increased MGE's renewable generation capacity.

Growth Trajectory and Initiatives

Historical Growth: MGE Energy has experienced steady, albeit moderate, growth in revenue and earnings over the past few years, driven by population growth and investments in renewable energy.

Future Projections: Future growth is expected to be driven by increased demand for electricity and natural gas, as well as investments in renewable energy projects. Analyst estimates predict single-digit revenue growth over the next few years.

Recent Initiatives: Recent initiatives include investments in new solar and wind energy projects, as well as energy efficiency programs.

Summary

MGE Energy is a stable and well-managed utility company with a strong presence in its service territory. Its investment in renewable energy positions it well for future growth. However, its geographic concentration and reliance on regulated business present some risks. Strong reliable dividend paying company.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • MGE Energy Inc. Annual Reports
  • SEC Filings
  • Company Website
  • Analyst Reports

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor.

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

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

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

Upturn AI SummarizationUpturn 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.