MGE Energy Earnings: Regulated Investments Support Results
MGE Energy reported second-quarter earnings per share of $0.89, up from $0.72 in the same year-ago period.
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
- $81.00
- Day Range
- $80.85–82.23
- 52-Week Range
- $72.16–88.01
- Bid/Ask
- $69.52 / $94.50
- Shares Outstanding
- 37.78M
- Market Cap
- $3.09B
- Volume/Avg
- 122,070 / 269,399
Key Statistics
- Price/Earnings (Normalized)
- 20.96
- Price/Sales
- 3.91
- Dividend Yield (Trailing)
- 2.32%
- Dividend Yield (Forward)
- 2.32%
- Total Yield
- 2.32%
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
|
WEC
|
XEL
|
|---|---|---|---|
Price/Earnings (Normalized) | 20.96 | 20.19 | 19.60 |
Price/Book Value | 2.14 | 2.55 | 2.05 |
Price/Sales | 3.91 | 3.57 | 3.31 |
Price/Cash Flow | 11.84 | 9.86 | 9.84 |
Price/Earnings
MGEE
WEC
XEL
Financial Strength
|
Metric
|
MGEE
|
WEC
|
XEL
|
|---|---|---|---|
Quick Ratio | 0.56 | 0.30 | 0.47 |
Current Ratio | 1.14 | 0.53 | 0.70 |
Interest Coverage | 5.65 | 2.99 | 2.35 |
Quick Ratio
MGEE
WEC
XEL
Profitability
|
Metric
|
MGEE
|
WEC
|
XEL
|
|---|---|---|---|
Return on Assets (Normalized) | 4.83% | 3.39% | 3.03% |
Return on Equity (Normalized) | 11.23% | 12.54% | 10.87% |
Return on Invested Capital (Normalized) | 8.22% | 7.12% | 6.13% |
Return on Assets
MGEE
WEC
XEL
Utilities - Regulated Electric Industry Comparables
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United States