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Utilities - Diversified Utilities - NASDAQ - US
$ 104.86
-0.795 %
$ 3.8 B
Market Cap
32.07
P/E
1. INTRINSIC VALUE

MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other. The company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources, as well as purchases power under short and long-term commitments. As of December 31, 2021, the company generated and distributed electricity to 159,000 customers in Dane County, Wisconsin; and purchased and distributed natural gas to 169,000 customers in seven Wisconsin counties.[ Read More ]

The intrinsic value of one MGEE stock under the base case scenario is HIDDEN Compared to the current market price of 105 USD, MGE Energy, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MGEE

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FINANCIALS
690 M REVENUE
-3.37%
146 M OPERATING INCOME
6.27%
118 M NET INCOME
6.08%
238 M OPERATING CASH FLOW
54.53%
-230 M INVESTING CASH FLOW
-27.69%
-10.5 M FINANCING CASH FLOW
-41.04%
168 M REVENUE
15.62%
48.1 M OPERATING INCOME
60.61%
40.9 M NET INCOME
72.06%
79.4 M OPERATING CASH FLOW
22.88%
-54.1 M INVESTING CASH FLOW
19.35%
-26.4 M FINANCING CASH FLOW
-1410.41%
Balance Sheet Decomposition MGE Energy, Inc.
image
Current Assets 238 M
Cash & Short-Term Investments 11.1 M
Receivables 95.5 M
Other Current Assets 132 M
Non-Current Assets 2.44 B
Long-Term Investments 113 M
PP&E 2.14 B
Other Non-Current Assets 189 M
Current Liabilities 157 M
Accounts Payable 65.5 M
Short-Term Debt 44.4 M
Other Current Liabilities 47.3 M
Non-Current Liabilities 1.38 B
Long-Term Debt 745 M
Other Non-Current Liabilities 634 M
EFFICIENCY
Earnings Waterfall MGE Energy, Inc.
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Revenue 690 M
Cost Of Revenue 421 M
Gross Profit 269 M
Operating Expenses 123 M
Operating Income 146 M
Other Expenses 28.7 M
Net Income 118 M
RATIOS
38.97% GROSS MARGIN
38.97%
21.20% OPERATING MARGIN
21.20%
17.05% NET MARGIN
17.05%
10.32% ROE
10.32%
4.40% ROA
4.40%
6.23% ROIC
6.23%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis MGE Energy, Inc.
image
Net Income 118 M
Depreciation & Amortization 100 M
Capital Expenditures -222 M
Stock-Based Compensation 0
Change in Working Capital 10.8 M
Others -8.6 M
Free Cash Flow 15.5 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets MGE Energy, Inc.
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Wall Street analysts predict an average 1-year price target for MGEE of $68.9 , with forecasts ranging from a low of $63 to a high of $75 .
MGEE Lowest Price Target Wall Street Target
63 USD -39.92%
MGEE Average Price Target Wall Street Target
68.9 USD -34.33%
MGEE Highest Price Target Wall Street Target
75 USD -28.48%
4. DIVIDEND ANALYSIS
0.49% DIVIDEND YIELD
0.45 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership MGE Energy, Inc.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
35.5 K USD 1
0-3 MONTHS
4.5 K USD 1
3-6 MONTHS
37.6 K USD 1
6-9 MONTHS
19 K USD 2
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Aug 23, 2024
Bought 35.5 K USD
Berbee James G
Director
+ 406.1166
87.3632 USD
5 months ago
May 30, 2024
Bought 4.5 K USD
Berbee James G
Director
+ 57.6551
78 USD
8 months ago
Mar 06, 2024
Bought 37.6 K USD
Berbee James G
Director
+ 457.695
82.1641 USD
11 months ago
Dec 06, 2023
Bought 1.5 K USD
Berbee James G
Director
+ 20.1511
74.3853 USD
11 months ago
Dec 06, 2023
Bought 9.99 K USD
Smith Scott Robert
VP Business and Reg. Strategy
+ 134.3444
74.3853 USD
1 year ago
Nov 15, 2023
Bought 7.49 K USD
Berbee James G
Director
+ 99.8401
75.07 USD
1 year ago
Aug 25, 2023
Bought 32.5 K USD
Berbee James G
Director
+ 433.9878
74.8369 USD
1 year ago
May 23, 2023
Bought 4.5 K USD
Berbee James G
Director
+ 59.5637
75.499 USD
1 year ago
Mar 10, 2023
Bought 9.99 K USD
Lorenz James Jerome
VP Energy Operations
+ 142.8321
69.9622 USD
1 year ago
Mar 10, 2023
Bought 80.5 K USD
Berbee James G
Director
+ 1146.2264
70.19 USD
2 years ago
Nov 15, 2022
Bought 12 K USD
Berbee James G
Director
+ 172.4129
69.5502 USD
2 years ago
Aug 30, 2022
Bought 28.5 K USD
Berbee James G
director:
+ 361.0015
78.8969 USD
2 years ago
May 25, 2022
Bought 4.5 K USD
Berbee James G
director:
+ 56.8469
79.1099 USD
2 years ago
May 25, 2022
Bought 2 K USD
Wray Noble Lynnwood
director:
+ 25.2649
79.1099 USD
2 years ago
Mar 11, 2022
Bought 9.99 K USD
Lorenz James Jerome
VP Energy Operations
+ 130.9758
76.3 USD
2 years ago
Mar 04, 2022
Bought 79.9 K USD
Berbee James G
director:
+ 1067.4893
74.8622 USD
2 years ago
Mar 01, 2022
Bought 28 K USD
Possin James L
Director
+ 400
70.05 USD
2 years ago
Nov 22, 2021
Bought 4.5 K USD
Berbee James G
Director
+ 58.4574
76.9287 USD
3 years ago
Aug 26, 2021
Bought 30 K USD
Berbee James G
Director
+ 373.5527
80.2599 USD
3 years ago
Jun 03, 2021
Bought 1.5 K USD
Berbee James G
Director
+ 19.9654
75.08 USD
3 years ago
Jun 03, 2021
Bought 1.5 K USD
Berbee James G
Director
+ 19.9654
75.08 USD
3 years ago
May 25, 2021
Bought 6 K USD
Berbee James G
Director
+ 80.006
74.94 USD
3 years ago
Mar 08, 2021
Bought 68.1 K USD
Berbee James G
Director
+ 1028.2305
66.26 USD
3 years ago
Mar 08, 2021
Bought 68.1 K USD
Berbee James G
Director
+ 1028.2305
66.26 USD
3 years ago
Dec 10, 2020
Bought 1.5 K USD
Berbee James G
Director
+ 21.4711
69.81 USD
4 years ago
Nov 17, 2020
Bought 8.99 K USD
Berbee James G
Director
+ 122.934
73.16 USD
4 years ago
Sep 15, 2020
Bought 9.99 K USD
Renlund Cari Anne
VP General Counsel & Secretary
+ 152.8817
65.36 USD
4 years ago
Sep 15, 2020
Bought 250 USD
Renlund Cari Anne
VP General Counsel & Secretary
+ 3.8219
65.36 USD
4 years ago
Sep 10, 2020
Bought 12.6 K USD
Possin James L
Director
+ 200
62.98 USD
4 years ago
Aug 27, 2020
Bought 1.5 K USD
Berbee James G
Director
+ 22.831
65.6499 USD
4 years ago
Aug 27, 2020
Bought 12 K USD
Anderson Marcia M
Director
+ 182.6484
65.6499 USD
4 years ago
Aug 20, 2020
Bought 19.9 K USD
Possin James L
Director
+ 300
66.35 USD
4 years ago
Aug 14, 2020
Bought 63 K USD
Berbee James G
Director
+ 940.7617
66.917 USD
5 years ago
Nov 14, 2019
Bought 4.5 K USD
Berbee James G
Director
+ 59.6577
75.38 USD
5 years ago
Aug 21, 2019
Bought 28.5 K USD
Berbee James G
Director
+ 375.2464
75.9 USD
5 years ago
Jun 17, 2019
Bought 500 USD
Renlund Cari Anne
VP and General Counsel
+ 7.1988
69.4 USD
5 years ago
May 21, 2019
Bought 4.5 K USD
Berbee James G
Director
+ 63.3441
70.99 USD
5 years ago
Mar 25, 2019
Bought 35 K USD
Keebler Jeffrey M
Chairman, President and CEO
+ 524.9454
66.6236 USD
5 years ago
Mar 05, 2019
Bought 28.5 K USD
Berbee James G
Director
+ 435.765
65.3522 USD
5 years ago
Mar 05, 2019
Bought 3 K USD
MILLNER REGINA M
Director
+ 45.9066
65.3522 USD
5 years ago
Mar 05, 2019
Bought 9.99 K USD
Anderson Marcia M
Director
+ 152.9
65.3522 USD
6 years ago
Nov 13, 2018
Bought 8.99 K USD
Berbee James G
Director
+ 142.0223
63.32 USD
6 years ago
Aug 28, 2018
Bought 1.5 K USD
Berbee James G
Director
+ 23.1118
64.85 USD
6 years ago
Aug 14, 2018
Bought 15.7 K USD
Berbee James G
Director
+ 239.1793
65.8 USD
6 years ago
Jun 05, 2018
Bought 150 USD
Renlund Cari Anne
VP and General Counsel
+ 2.5864
57.9373 USD
6 years ago
May 22, 2018
Bought 8.99 K USD
Berbee James G
Director
+ 154.9053
58.05 USD
6 years ago
May 15, 2018
Bought 9.99 K USD
Anderson Marcia M
Director
+ 175.4381
56.95 USD
6 years ago
Mar 13, 2018
Bought 25 K USD
Berbee James G
Director
+ 448.5874
55.7305 USD
6 years ago
Mar 13, 2018
Bought 35 K USD
Keebler Jeffrey M
President and CEO
+ 627.4589
55.7305 USD
6 years ago
Mar 06, 2018
Bought 9.99 K USD
MILLNER REGINA M
Director
+ 184.0307
54.2885 USD
7 years ago
Sep 05, 2017
Bought 35 K USD
Keebler Jeffrey M
President and CEO
+ 546.6674
64.0243 USD
7 years ago
Jun 06, 2017
Bought 1 K USD
Renlund Cari Anne
VP and General Counsel
+ 15.124
66.1201 USD
7 years ago
Dec 06, 2016
Bought 12 K USD
Keebler Jeffrey M
Sr. VP-Energy Supply/Planning
+ 198.434
60.4735 USD
9 years ago
Nov 11, 2015
Bought 2 K USD
MILLNER REGINA M
Director
+ 47.153
42.4151 USD
10 years ago
May 13, 2014
Bought 5.59 K USD
Stolper Thomas R
Director
+ 150
37.29 USD
10 years ago
Mar 19, 2014
Bought 11.7 K USD
Possin James L
Director
+ 300
39.08 USD
11 years ago
Mar 05, 2013
Bought 10 K USD
NEWMAN JEFFREY C
VP, CFO, Sec. & Treasurer
+ 182.3869
54.8285 USD
12 years ago
Nov 13, 2012
Bought 14.9 K USD
Stolper Thomas R
Director
+ 300
49.6099 USD
12 years ago
Aug 14, 2012
Bought 14.8 K USD
Bugher Mark D
Director
+ 300
49.4999 USD
12 years ago
Mar 08, 2012
Bought 8.78 K USD
NEITZEL SCOTT A
Senior Vice President
+ 200
43.8971 USD
12 years ago
Mar 06, 2012
Bought 10 K USD
NEWMAN JEFFREY C
VP, CFO, Sec. & Treasurer
+ 227.2376
44.0068 USD
12 years ago
Mar 06, 2012
Bought 1.55 K USD
MILLNER REGINA M
Director
+ 35.2218
44.0068 USD
12 years ago
Mar 01, 2012
Bought 8.8 K USD
Possin James L
Director
+ 200
44 USD
12 years ago
Feb 29, 2012
Bought 2.93 K USD
MILLNER REGINA M
Director
+ 66
44.4 USD
12 years ago
Feb 29, 2012
Bought 17.6 K USD
Stolper Thomas R
Director
+ 400
44 USD
13 years ago
Aug 10, 2011
Bought 11.6 K USD
Stolper Thomas R
Director
+ 300
38.7335 USD
13 years ago
Aug 10, 2011
Bought 3.88 K USD
Stolper Thomas R
Director
+ 100
38.75 USD
13 years ago
May 24, 2011
Bought 6 K USD
MILLNER REGINA M
Director
+ 146.5105
40.9527 USD
13 years ago
Jun 02, 2011
Bought 8.08 K USD
Possin James L
Director
+ 200
40.4 USD
13 years ago
May 16, 2011
Bought 8.36 K USD
Possin James L
Director
+ 200
41.8 USD
13 years ago
May 24, 2011
Bought 6 K USD
MILLNER REGINA M
Director
+ 146.5105
40.9527 USD
13 years ago
May 24, 2011
Bought 6 K USD
MILLNER REGINA M
Director
+ 146.5105
40.9527 USD
13 years ago
May 23, 2011
Bought 11.2 K USD
Bugher Mark D
Director
+ 270
41.4465 USD
13 years ago
May 16, 2011
Bought 8.36 K USD
Possin James L
Director
+ 200
41.8 USD
13 years ago
May 11, 2011
Bought 12.7 K USD
Stolper Thomas R
Director
+ 300
42.22 USD
13 years ago
Mar 02, 2011
Bought 10 K USD
NEWMAN JEFFREY C
VP, CFO, Secretary & Treasurer
+ 248.9308
40.1718 USD
13 years ago
Mar 02, 2011
Bought 2.5 K USD
NEWMAN JEFFREY C
VP, CFO, Secretary & Treasurer
+ 62.2327
40.1718 USD
13 years ago
Mar 08, 2011
Bought 8.18 K USD
Stolper Thomas R
Director
+ 200
40.9164 USD
13 years ago
Mar 08, 2011
Bought 8.18 K USD
Stolper Thomas R
Director
+ 200
40.9164 USD
13 years ago
Mar 01, 2011
Bought 20.5 K USD
Possin James L
Director
+ 500
40.99 USD
13 years ago
Nov 23, 2010
Bought 8.33 K USD
Stolper Thomas R
Director
+ 200
41.6652 USD
14 years ago
Nov 15, 2010
Bought 10.5 K USD
Bugher Mark D
Director
+ 250
41.9594 USD
14 years ago
Sep 07, 2010
Bought 12 K USD
EUCLIDE KRISTINE A
VP and General Counsel
+ 318.6092
37.6637 USD
14 years ago
Jun 04, 2010
Bought 7.04 K USD
Stolper Thomas R
Director
+ 200
35.1806 USD
14 years ago
May 24, 2010
Bought 10.6 K USD
Stolper Thomas R
Director
+ 300
35.26 USD
14 years ago
Mar 11, 2010
Bought 7.01 K USD
DEWEY LONDA J
Director
+ 200
35.049 USD
14 years ago
Mar 11, 2010
Bought 6.35 K USD
DEWEY LONDA J
Director
+ 181
35.109 USD
14 years ago
Mar 11, 2010
Bought 4.17 K USD
DEWEY LONDA J
Director
+ 119
35.05 USD
14 years ago
Mar 11, 2010
Bought 14 K USD
DEWEY LONDA J
Director
+ 400
35.11 USD
14 years ago
Mar 11, 2010
Bought 3.5 K USD
DEWEY LONDA J
Director
+ 100
35.05 USD
14 years ago
Mar 09, 2010
Bought 15 K USD
EUCLIDE KRISTINE A
VP & General Counsel
+ 429.5754
34.9182 USD
14 years ago
Mar 02, 2010
Bought 10 K USD
NEWMAN JEFFREY C
V.P., CFO, Secretary
+ 293.4849
34.0733 USD
15 years ago
Mar 17, 2009
Bought 6.05 K USD
Stolper Thomas R
Director
+ 200
30.27 USD
15 years ago
Mar 06, 2009
Bought 8.36 K USD
NEVIN JOHN R
Director
+ 300
27.87 USD
15 years ago
Mar 03, 2009
Bought 5 K USD
NEWMAN JEFFREY C
VP, CFO, Sec. & Treaurer
+ 170.2765
29.364 USD
16 years ago
Nov 18, 2008
Bought 20 K USD
EUCLIDE KRISTINE A
VP and General Counsel
+ 588.6508
33.976 USD
16 years ago
Aug 28, 2008
Bought 6.86 K USD
DEWEY LONDA J
Director
+ 200
34.29 USD
16 years ago
Aug 28, 2008
Bought 27.4 K USD
DEWEY LONDA J
Director
+ 800
34.279 USD
16 years ago
Mar 11, 2008
Bought 6.4 K USD
HANSON TERRY A
V.P., CFO and Secretary
+ 206.6116
30.976 USD
16 years ago
Mar 04, 2008
Bought 3.5 K USD
NEITZEL SCOTT A
Vice President-Energy Supply
+ 110.0145
31.814 USD
17 years ago
Jun 13, 2007
Bought 6.36 K USD
NEVIN JOHN R
Director
+ 200
31.8 USD
17 years ago
Mar 06, 2007
Bought 500 USD
NEWMAN JEFFREY C
Vice President and Treasurer
+ 14.7336
33.936 USD
17 years ago
Mar 06, 2007
Bought 500 USD
NEWMAN JEFFREY C
Vice President and Treasurer
+ 14.7336
33.936 USD
17 years ago
Mar 02, 2007
Bought 67.8 USD
SWANSON HAROLD L
Director
+ 2
33.92 USD
17 years ago
Mar 02, 2007
Bought 67.8 USD
SWANSON HAROLD L
Director
+ 2
33.91 USD
17 years ago
Mar 02, 2007
Bought 3.32 K USD
SWANSON HAROLD L
Director
+ 98
33.92 USD
17 years ago
Mar 02, 2007
Bought 3.39 K USD
SWANSON HAROLD L
Director
+ 100
33.91 USD
17 years ago
Mar 02, 2007
Bought 3.39 K USD
SWANSON HAROLD L
Director
+ 100
33.9 USD
17 years ago
Mar 02, 2007
Bought 3.39 K USD
SWANSON HAROLD L
Director
+ 100
33.9 USD
17 years ago
Mar 02, 2007
Bought 3.39 K USD
SWANSON HAROLD L
Director
+ 100
33.9199 USD
17 years ago
Mar 02, 2007
Bought 10.2 K USD
SWANSON HAROLD L
Director
+ 300
33.94 USD
17 years ago
Mar 02, 2007
Bought 3.39 K USD
SWANSON HAROLD L
Director
+ 100
33.94 USD
17 years ago
Mar 02, 2007
Bought 3.33 K USD
SWANSON HAROLD L
Director
+ 98
33.93 USD
17 years ago
Mar 02, 2007
Bought 33.9 K USD
SWANSON HAROLD L
Director
+ 1000
33.92 USD
18 years ago
Aug 15, 2006
Bought 3.5 K USD
NEITZEL SCOTT A
VP - Energy Supply Policy
+ 109.4708
31.972 USD
18 years ago
Jun 06, 2006
Bought 2 K USD
MILLNER REGINA M
Director
+ 64.5786
30.97 USD
19 years ago
Aug 15, 2005
Bought 10 K USD
EUCLIDE KRISTINE A
VP and General Counsel
+ 275.0267
36.3601 USD
19 years ago
May 16, 2005
Bought 10 K USD
MILLNER REGINA M
Director
+ 295.0801
33.8891 USD
20 years ago
Jun 15, 2004
Bought 10 K USD
NEWMAN JEFFREY C
Vice President and Treasurer
+ 330.841
30.226 USD
20 years ago
May 26, 2004
Bought 30.4 K USD
SWANSON HAROLD L
Director
+ 1000
30.45 USD
20 years ago
May 26, 2004
Bought 30.4 K USD
SWANSON HAROLD L
Director
+ 1000
30.45 USD
20 years ago
May 26, 2004
Bought 30.4 K USD
SWANSON HAROLD L
Director
+ 1000
30.45 USD
20 years ago
May 15, 2004
Bought 25 K USD
HASTINGS FRANK C
Director
+ 842.3748
29.678 USD
20 years ago
May 15, 2004
Bought 25 K USD
HASTINGS FRANK C
Director
+ 842.3748
29.678 USD
20 years ago
May 15, 2004
Bought 25 K USD
HASTINGS FRANK C
Director
+ 842.3748
29.678 USD
20 years ago
May 15, 2004
Bought 15 K USD
EUCLIDE KRISTINE A
V.P. and General Counsel
+ 505.4249
29.678 USD
20 years ago
May 10, 2004
Bought 5.79 K USD
NEVIN JOHN R
Director
+ 200
28.94 USD
7. News
MGE (MGEE) Lags Q3 Earnings Estimates MGE (MGEE) came out with quarterly earnings of $1.13 per share, missing the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $1.05 per share a year ago. zacks.com - 1 week ago
MGE Energy Reports Third-Quarter 2024 Earnings MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Third-Quarter 2024 Earnings. businesswire.com - 1 week ago
Why MGE (MGEE) is a Top Dividend Stock for Your Portfolio Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MGE (MGEE) have what it takes? zacks.com - 2 weeks ago
5 September Dividend Raises- Yield Up To 4.9% September was a splendid month for my 85-stock portfolio with five dividend raises, enhancing the joy for dividend-loving investing. Duke Energy, MGE Energy, Simon Property Group, Union Pacific, and Broadcom all saw dividend increases, though some raises were modest and valuations varied. Despite some stocks being overvalued, the portfolio's 6.4% forward high-yield and 16.47% YTD performance affirm the strategy of quality dividend growth. seekingalpha.com - 1 month ago
MGE (MGEE) is a Top Dividend Stock Right Now: Should You Buy? Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MGE (MGEE) have what it takes? zacks.com - 1 month ago
MGE (MGEE) Could Be a Great Choice Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MGE (MGEE) have what it takes? zacks.com - 2 months ago
Are You Looking for a High-Growth Dividend Stock? Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MGE (MGEE) have what it takes? zacks.com - 2 months ago
14 Upcoming Dividend Increases Including 2 Kings Fourteen upcoming dividend increases, including two Dividend Kings: Nordson Corp with a 14.7% increase and Dover Corp with a 1% increase. New challengers Cactus Inc. and Murphy USA join the list with 5-year dividend growth streaks. People's Financial Services Corp offers a significant 50% dividend increase. seekingalpha.com - 2 months ago
MGE Energy: Buy This Dividend Champion While It's On Sale MGE Energy is a Dividend Champion, closing in on the vaunted Dividend King title. The electric and gas utility is forecasting significant investments over the next several years to keep up with electric load growth. MGEE's interest coverage ratio was nearly 5 through the first half of 2024. seekingalpha.com - 3 months ago
MGE (MGEE) Misses Q2 Earnings and Revenue Estimates MGE (MGEE) came out with quarterly earnings of $0.66 per share, missing the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.79 per share a year ago. zacks.com - 3 months ago
Why MGE (MGEE) is a Great Dividend Stock Right Now Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MGE (MGEE) have what it takes? zacks.com - 3 months ago
MGE (MGEE) to Report Q2 Results: Wall Street Expects Earnings Growth MGE (MGEE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 3 months ago
8. Profile Summary

MGE Energy, Inc. MGEE

image
COUNTRY US
INDUSTRY Diversified Utilities
MARKET CAP $ 3.8 B
Dividend Yield 0.49%
Description MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other. The company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources, as well as purchases power under short and long-term commitments. As of December 31, 2021, the company generated and distributed electricity to 159,000 customers in Dane County, Wisconsin; and purchased and distributed natural gas to 169,000 customers in seven Wisconsin counties. MGE Energy, Inc.is headquartered in Madison, Wisconsin.
Contact 133 South Blair Street, Madison, WI, 53788 https://www.mgeenergy.com
IPO Date March 17, 1980
Employees 731
Officers Mr. Ken Frassetto Director - Shareholder Services and Treasury Management Melissa T. Garner Assistant Vice President of Human Resources Mr. Jeffrey M. Keebler President, Chief Executive Officer & Chairman of the Board Mr. Jared Joseph Bushek Vice President, Chief Financial Officer & Treasurer Ms. Cari Anne Renlund Vice President, General Counsel & Secretary Ms. Lynn K. Hobbie President of Marketing & Communications Jenny L. Lagerwall Assistant Vice President of Accounting & Controller Bryan R. Sullivan Assistant Vice President & Chief Information Officer