MGEE
MGE Energy, Inc.
NasdaqGSUSDEQUITY
Utilities
DELAYED
Last price
78.66
▼ 1.82 (2.26%)
MARKET · —
Price
Open
80.48
Prev close
80.48
Day high
80.93
Day low
78.65
Volume
112.00K
Market cap
$2.97B
P/E (TTM)
19.33
52W range
72.16 – 88.01
Trailing performance
Returnvs SPY
1W
-3.76%
-2.4%
1M
-4.54%
-8.3%
3M
+3.51%
+0.4%
6M
-2.77%
-13.8%
YTD
+0.31%
-12.0%
1Y
-7.57%
-27.6%
3Y
+6.40%
-67.8%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$2.97B
Enterprise value$3.89B
Revenue (TTM)$752.13M
Gross profit$309.76M
EBITDA$288.32M
Net income$149.63M
EPS (TTM)$4.07
Free cash flow$-206.61M
Total cash$16.62M
Total debt$934.36M
Book value / share$38.13
Shares outstanding37.75M
Float37.66M
Short % of float5.89%
Dividend yield2.41%
Beta (5Y)0.71
Valuation & profitability ratios
Trailing P/E19.33
Forward P/E18.55
PEG ratio4.12
Price / sales—
Price / book2.06
EV / revenue5.17
EV / EBITDA13.49
Gross margin41.18%
Operating margin22.67%
Profit margin19.90%
Return on equity11.04%
Return on assets3.72%
Debt / equity64.86
Current ratio1.14
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $743.65M | $676.94M | $690.43M | $714.52M |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $135.89M | $0 | $0 | $110.95M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | $135.89M | $0 | $0 | $110.95M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.77 | 0.89 | +15.6% |
| Mar 2026 | 1.13 | 1.32 | +16.8% |
| Dec 2025 | 0.64 | 0.64 | 0.0% |
| Sep 2025 | 1.19 | 1.22 | +2.5% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 1.25 | 1 | $190.20M | — |
| Next quarter | 0.65 | 1 | $190.00M | — |
| Current year | 3.93 | 1 | $790.08M | +6.2% |
| Next year | 4.24 | 3 | $826.68M | +4.6% |
Analyst targets & ownership
Mean target$78.25
High target$81.00
Low target$76.00
Implied upside-0.52%
Analyst count4
ConsensusHOLD
Strong buy / Buy0 / 1
Hold1
Sell / Strong sell1 / 1
Held by insiders0.33%
Held by institutions71.35%
Institutions holding430
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
123.93K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Apr 17, 26 | BUSHEK JARED JOSEPH Chief Financial Officer |
STOCK | 25.00K | $0 | Direct |
| Mar 11, 26 | BERBEE JAMES G Director |
BUY | 372 | $28.98K | Direct |
| Mar 2, 26 | KEEBLER JEFFREY M Chief Executive Officer |
STOCK | 10.90K | $0 | Direct |
| Mar 2, 26 | RENLUND CARI ANNE General Counsel |
STOCK | 1.72K | $0 | Direct |
| Mar 2, 26 | BUSHEK JARED JOSEPH Chief Financial Officer |
STOCK | 3.68K | $0 | Direct |
| Mar 2, 26 | SMITH SCOTT ROBERT Officer |
STOCK | 1.12K | $0 | Direct |
| Mar 2, 26 | LORENZ JAMES JEROME Officer |
STOCK | 1.39K | $0 | Direct |
| Mar 2, 26 | LAGERWALL JENNY LYNN Officer |
STOCK | 688 | $0 | Direct |
| Mar 2, 26 | GARNER MELISSA TYSON Officer |
STOCK | 1.37K | $0 | Direct |
| Mar 2, 26 | JICHA JOHN ANTHONY Officer |
STOCK | 945 | $0 | Direct |
| Dec 31, 25 | WOLTER GARY J Director |
— | 2.06K | — | Direct |
| Dec 31, 25 | DEWEY LONDA J Director |
— | 2.06K | — | Direct |
| Dec 31, 25 | POSSIN JAMES L Director |
— | 2.06K | — | Direct |
| Dec 31, 25 | KELLY DANIEL JAMES Director |
— | 918 | — | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BERBEE JAMES G |
Director | 9.36K | Purchase |
BUSHEK JARED JOSEPH |
Chief Financial Officer | 35.80K | Stock Award(Grant) |
DEWEY LONDA J |
Director | 7.13K | Conversion of Exercise of derivative security |
HOBBIE LYNN K |
Officer | 14.06K | Stock Award(Grant) |
KEEBLER JEFFREY M |
Chief Executive Officer | 31.91K | Stock Award(Grant) |
LORENZ JAMES JEROME |
Officer | 6.34K | Stock Award(Grant) |
POSSIN JAMES L |
Director | 6.84K | Conversion of Exercise of derivative security |
RENLUND CARI ANNE |
General Counsel | 7.04K | Stock Award(Grant) |
SMITH SCOTT ROBERT |
Officer | 4.41K | Stock Award(Grant) |
WOLTER GARY J |
Director | 22.64K | Conversion of Exercise of derivative security |
Moving averages & technicals
SMA 10
80.82
-2.68% from price
SMA 20
80.68
-2.51% from price
SMA 50
80.39
-2.16% from price
SMA 100
78.89
-0.30% from price
SMA 200
79.26
-0.75% from price
EMA 12
80.63
-2.44% from price
EMA 26
80.68
-2.50% from price
EMA 50
80.19
-1.91% from price
RSI (14)
38.6
Neutral
MACD (12,26,9)
-0.05
Hist -0.20
ATR (14)
1.57
1.99% of price
Realised vol 30D
16.8%
Annualised
Bollinger upper
82.37
20, 2σ
Bollinger lower
79.00
20, 2σ
50 / 200 cross
Golden
80.39 vs 79.26
Trend bias
Below 200
-0.75%
Risk profile
Beta vs SPY
-0.01
Less volatile than market
Correlation to SPY
-0.01
Largely independent
Realised vol 30D
16.8%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-17.4%
Peak to trough
Max drawdown 5Y
-33.0%
Peak to trough
ATR 14
1.57
1.99% of price
Beta (reported)
0.71
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
0.11
Call-heavy session
Put / call open interest
0.18
Positioning, not flow
Max pain
50.00
-36.4% from spot
ATM implied vol
46.4%
Nearest strike to spot
Skew (10% OTM)
-0.6%
Calls bid over puts
Call volume
9
Contracts, this expiry
Put volume
1
Contracts, this expiry
Heaviest call OI
85.00
11 contracts
Heaviest put OI
50.00
2 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Headlines
MGE Energy Increases Dividend for 51st Consecutive Year
Business Wire · 22h ago
Why MGE (MGEE) is a Top Dividend Stock for Your Portfolio
Zacks · 8d ago
Sector Update: Energy Stocks Decline Wednesday Afternoon
MT Newswires · 17d ago
Sector Update: Energy
MT Newswires · 17d ago
MGE Energy Shares Lower After Q2 Results
MT Newswires · 17d ago
MGE Energy Reports Second-Quarter 2026 Earnings
Business Wire · 17d ago
MGE: Q2 Earnings Snapshot
Associated Press · 17d ago
MGE (MGEE) Could Be a Great Choice
Zacks · 24d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.