Price History

Hover for the daily close. The dotted line marks the period open.

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MGEE Key Statistics

As of Sep 4, 2026

Trading

Open: $77.13
Previous Close: $77.60
Day's Range: 77.07–77.97
52-Week Range: 72.16–87.94
Volume: 105.60K
Beta: 0.70

Valuation

Market Cap: $2.92B
P/E Ratio: 19.01
Forward P/E: 18.25
PEG Ratio: 4.12
P/S ratio: 3.88
EPS (ttm): 4.07

Financials (FY)

Revenue (FY): $743.65M+9.85%
Net Income (FY): $135.89M+12.71%
Profit margin: 19.90%
Shares Outstanding: 37.75M
1-Year Return: −7.59%

Dividend and dates

Dividend: $2.03+2.63%
Ex-Dividend Date: September 1, 2026
Earnings Date: November 4, 2026estimated
Avg Volume: 223.35K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

MGEE Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+34.04%−14.75%−0.14%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	−0.14%
2025	−14.75%
2024	+32.80%
2023	+5.11%
2022	−12.57%
2021	+19.90%
2020	−9.29%
2019	+34.04%
2018	−2.89%
2017	−1.47%
2016 (partial year)	+18.19%

As of September 4, 2026.

MGEE Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$743.65M	$135.89M	18.3%
2024	$676.94M	$120.57M	17.8%
2023	$690.43M	$117.70M	17.0%
2022	$714.52M	$110.95M	15.5%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$743.65M	$308.90M	$170.65M	$135.89M	18.3%
2024	$676.94M	$278.83M	$146.26M	$120.57M	17.8%
2023	$690.43M	$269.04M	$146.39M	$117.70M	17.0%
2022	$714.52M	$243.92M	$137.74M	$110.95M	15.5%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

MGEE Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$1.85+5.4% vs 2024

Dividends per share, 2025 · 4 payments

Year	Dividends per share	Payments	Change
2026*	$1.46	3	—
2025	$1.85	4	+5.4%
2024	$1.76	4	+5.0%
2023	$1.67	4	+5.0%

Year	Dividends per share	Payments	Change
2026 (partial year)	$1.46	3	—
2025	$1.85	4	+5.4%
2024	$1.76	4	+5.0%
2023	$1.67	4	+5.0%
2022	$1.59	4	+5.0%
2021	$1.52	4	+4.8%
2020	$1.45	4	+4.6%
2019	$1.38	4	+4.5%
2018	$1.32	4	+4.8%
2017	$1.26	4	+309.7%
2016	$0.31	1	—

Most recent payment: $0.49 per share, ex-dividend September 1, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

MGEE Valuation vs Utilities - Regulated Electric Median

Median of 47 stocks

Metric	MGEE	Utilities - Regulated Electric median	vs median
P/E	19.01	20.56	8% below
P/S ratio	3.88	2.72	43% above
Profit margin	19.90%	13.40%	6.5 pts above

Medians across 47 Utilities - Regulated Electric stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

MGE Energy, Inc. (MGEE) carries a market capitalisation of $2.92B. The company sits in the Utilities sector, in the Utilities - Regulated Electric industry. Headcount on file is 726.

MGEE last closed at $77.37 on September 4, 2026. That is −$0.23 (−0.30%) against the previous close. Over the past 52 weeks the price has ranged from $72.16 to $87.94. The latest close sits 7.22% above that 52-week low.

Financial Health

In fiscal 2025, MGE Energy, Inc. reported revenue of $743.65M. That is +9.85% against the prior fiscal year, when revenue was $676.94M. The same year closed with net income of $135.89M. That is +12.71% against the prior fiscal year. The reported profit margin is 19.9%. That is 6.5 percentage points above the Utilities - Regulated Electric median of 13.4%. Trailing earnings per share are 4.07.

Across the 4 fiscal years on file, revenue moves from $714.52M in 2022 to $743.65M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 19.01 times earnings. That is 7.54% below the Utilities - Regulated Electric median of 20.56. On forward earnings the ratio is 18.25. The PEG ratio, which sets the P/E against expected earnings growth, reads 4.12. Measured against sales, the shares trade at 3.88 times revenue. On price-to-sales that is 42.94% above the Utilities - Regulated Electric median of 2.72. The medians here are taken across 47 Utilities - Regulated Electric companies that report the metric.

The reported beta is 0.7. Daily returns over the trailing 10 years annualize to a volatility of 27.46%. The trailing one-year price return is −7.59%. Measured over 10 years, that is +5.51% a year compounded.

Growth & Income

Shareholders receive a dividend, yielding 2.63% on the latest price. That is 1 percentage points below the Utilities - Regulated Electric median yield of 3.6%. The indicated annual rate is $2.03 a share. The ex-dividend date on file is September 1, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $1.46 a share. The year before, 2025, totalled $1.85 a share.

The strongest complete calendar year on file is 2019 at +34.04%; the weakest is 2025 at −14.75%. Of the 9 complete calendar years on file, 4 finished higher. 2026 is still running; the price is −0.14% year to date.

Peer Comparison

MGE Energy, Inc. (MGEE) operates in the Utilities - Regulated Electric industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
MGE Energy, Inc.	MGEE	$2.92B	19.0
NextEra Energy, Inc.	NEE	$174.03B	18.9
The Southern Company	SO	$101.36B	21.4
Duke Energy Corporation	DUK	$93.74B	18.3

The Utilities - Regulated Electric industry average P/E ratio is 20.6x. MGE Energy, Inc. trades at a P/E of 19.0.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About MGE Energy, Inc.

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, 2025, the company owned and operated 811 miles of overhead electric distribution lines; 1,386 miles of underground electric distribution cables; 47 substations with an installed capacity of 1.2 million kVA; and gas facilities, including 3,117 miles of distribution mains, as well as supplied electric service to approximately 170,000 customers. MGE Energy, Inc. has a strategic partnership with Realta Fusion Inc. and Madison Gas and Electric Company. MGE Energy, Inc. was incorporated in 2001 and is headquartered in Madison, Wisconsin.

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MGE Energy, Inc. (MGEE) Stock Analysis