MGEE's Renewable Energy Transition Drives Growth
MGE Energy is an electric and gas utility serving Madison, Wisconsin, and surrounding areas, with approximately $1.7 billion in rate base supported by constructive Wisconsin regulation.
MGE Energy Inc MGEE
Bulls Say, Bears Say
Bulls
Wisconsin is a favorable regulatory environment with a forward-looking test year and allowed returns above the national average.
Bears
MGE's large investment plan increases regulatory risk.
News
Trading Information
- Previous Close Price
- $73.77
- Day Range
- $73.56–74.98
- 52-Week Range
- $68.01–85.30
- Bid/Ask
- $73.71 / $77.77
- Shares Outstanding
- 37.78M
- Market Cap
- $2.79B
- Volume/Avg
- 234,625 / 170,108
Key Statistics
- Price/Earnings (Normalized)
- 18.12
- Price/Sales
- 3.53
- Dividend Yield (Trailing)
- 2.62%
- Dividend Yield (Forward)
- 2.76%
- Dividend Payment Schedule
- Mar, Jun, Sep, Dec
- Total Yield
- 2.62%
Company Profile
MGE Energy provides electric service to 170,000 customers and natural gas service to 180,000 customers in Madison, Wisconsin, and surrounding areas. Nearly 90% of customers are residential. The company also owns a 3.6% stake in American Transmission Co. MGE owns interests in two coal power plants that earn guaranteed fixed rates of return, contributing about 20% of earnings.
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Stock Style Box
- Small Core
- Total Number of Employees
- 726
- Website
- https://www.mgeenergy.com
Competitors
Valuation
|
Metric
|
MGEE
|
XEL
|
LNT
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.12 | 19.76 | 22.67 |
Price/Book Value | 1.93 | 1.99 | 2.38 |
Price/Sales | 3.53 | 3.33 | 4.13 |
Price/Cash Flow | 10.68 | 8.80 | 11.92 |
Price/Earnings
MGEE
XEL
LNT
Financial Strength
|
Metric
|
MGEE
|
XEL
|
LNT
|
|---|---|---|---|
Quick Ratio | 0.56 | 0.48 | 0.22 |
Current Ratio | 1.14 | 0.69 | 0.51 |
Interest Coverage | 5.65 | 2.60 | 2.40 |
Quick Ratio
MGEE
XEL
LNT
Profitability
|
Metric
|
MGEE
|
XEL
|
LNT
|
|---|---|---|---|
Return on Assets (Normalized) | 4.83% | 2.82% | 3.53% |
Return on Equity (Normalized) | 11.23% | 10.11% | 11.86% |
Return on Invested Capital (Normalized) | 8.22% | 5.70% | 6.47% |
Return on Assets
MGEE
XEL
LNT
Utilities - Regulated Electric Industry Comparables
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1-Day Chart
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United States