MGE Energy stock
MGEENASDAQMGE Energy, Inc., UtilitiesISIN US55277P1049
58Score 58 out of 100, Neutral
Price and trend
64 / 100
Price history
−5.8% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 2.1% above it.
Since September 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Overheated: the price has risen very quickly lately (RSI 73).
The price is 6.0% below its 52-week high. Largest decline in 20 years: 37% (November 2024 to September 2026).
Chart figures for advanced users
- SMA 50$73.73
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$77.54
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)73
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$68.49
- The lowest closing price of the last twelve months.
- Resistance$84.23
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- MGE Energy, Inc. belongs to the Regulated Electric industry (United States) and, with a market value of $2.99B, is number 67 of 79 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $743.65M (up 9.9% year on year) and earnings of $135.89M (up 12.7%).
- For fiscal 2026, analysts expect on average revenue of $778.44M (up 4.7%) and adjusted earnings per share of $4.05 (up 8.8%).
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- MEQIRI Score 58 out of 100 (Neutral): rank 54 of 201 in Utilities, median 54.
- The P/E is 18.6 (Regulated Electric median 19.8, own median of recent years 25.8).
- Our model puts fair value at $70.10, with the price 13% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Reliable dividendNo dividend cut for over 39 years.
- Consistently profitableProfit in all 10 fiscal years from 2016 to 2025.
- High marginNet margin 20.6% over the last 12 months, Regulated Electric median 12.1%.Profitability 67
Weaknesses
- Negative free cash flowFree cash flow −$104.3M over the last 12 months.Fundamentals 49
Its standout strength is stability, while valuation and capital allocation hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among smaller stocks.
From 2016 to 2025, 20 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- weak fundamentals
What lowers it
- calm price action
Valuation
Valuation signal
Modestly overvaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $58.42 and expensive above $87.62 (uncertainty low, based on the price swings of the past year).
The two parts of the fair value come to $56.26 (cash-flow model) and $83.94 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 7.4%. At 8.4% the fair value would be $63.94, at 6.4% it would be $81.05.
Valuation metrics
Half from the dividend model, half from earnings times the industry P/E (19.8).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 8% on the twelve months before. Revenue has stayed largely stable since 2006.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 42%, operating 23%, net 18%.
Debt & balance sheet
latest quarterModerate debt, and interest is adequately covered.
Earnings
- Next earnings
- 23 Feb 2027in 103 days
- Last reported
- 4 Nov 2026EPS reported $1.48 (expected $1.18)above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $4.05+2.2%
- Revenue
- $778.44M+0.1%
- Earnings per share
- $4.14+1.4%
- Revenue
- $823.67M+0.2%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Insiders
Open-market purchases and sales by executives, board members and major holders
One insider bought on the open market in the last 6 months, $42,500 in total.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at MGE Energy
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
201 rated companies in Utilities
- This company
- 58
- Sector median
- 54
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Regulated Electric
The next larger and next smaller companies by market value
- Engie Brasil EnergiaEGIE3.SA $5.48B50
- China Southern Power Grid Energy Storage600995.SS $5.34B49
- Northwestern Energy GroupNWE $5.23B52
- Pampa EnergíaPAM $3.41B55
- EneaENA.WA $2.76B55
- Admie HoldingADMIE.AT $1.9B52
- Hawaiian Electric IndustriesHE $1.54B44
- Central PuertoCEPU $1.53B60
ETFs that hold MGE Energy
Held by 14 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares S&P SmallCap 600 UCITS ETFIUS3 | 0.16% | 0.30% | €2.28B |
| State Street SPDR S&P U.S. Dividend Aristocrats UCITS ETF (Dist)SPYD | 0.12% | 0.35% | €3.62B |
| L&G Russell 2000 US Small Cap Quality UCITS ETFETLZ | 0.11% | 0.30% | €185.82M |
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| State Street SPDR Russell 2000 U.S. Small Cap UCITS ETF (Acc)ZPRR | 0.11% | 0.30% | €4.22B |
| Xtrackers Russell 2000 UCITS ETF 1CXRS2 | 0.10% | 0.30% | €2.17B |
| iShares Global Infrastructure UCITS ETF Accum USDCBUX | 0.10% | 0.65% | €217.04M |
| State Street SPDR MSCI USA Small Cap Value Weighted UCITS ETFZPRV | 0.04% | 0.30% | €944.34M |
| State Street SPDR MSCI World Small Cap UCITS ETF (Acc)ZPRS | 0.03% | 0.45% | €1.53B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 29 Feb 2024)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.