MGE Energy (NASDAQ:MGEE – Get Free Report) is expected to be announcing its Q2 2026 results before the market opens on Wednesday, August 5th. Analysts expect the company to post earnings of $0.77 per share and revenue of $165.62 million for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 12:30 PM ET.
MGE Energy (NASDAQ:MGEE – Get Free Report) last issued its earnings results on Tuesday, May 5th. The utilities provider reported $1.32 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.19. The business had revenue of $242.70 million for the quarter, compared to analyst estimates of $227.06 million. MGE Energy had a net margin of 18.61% and a return on equity of 10.94%. On average, analysts expect MGE Energy to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
MGE Energy Stock Up 0.5%
Shares of NASDAQ MGEE opened at $81.99 on Wednesday. MGE Energy has a 52-week low of $72.16 and a 52-week high of $88.01. The firm has a market capitalization of $3.01 billion, a price-to-earnings ratio of 21.02 and a beta of 0.71. The stock has a 50 day moving average price of $78.76 and a 200 day moving average price of $78.66. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.83 and a current ratio of 1.15.
MGE Energy Dividend Announcement
Analyst Ratings Changes
A number of equities analysts have recently issued reports on MGEE shares. Morgan Stanley reissued an “underweight” rating and set a $76.00 price target on shares of MGE Energy in a research report on Wednesday, July 22nd. LADENBURG THALM/SH SH upgraded MGE Energy from a “neutral” rating to a “buy” rating and set a $81.00 price objective for the company in a report on Monday, June 8th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of MGE Energy in a report on Friday, May 8th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, MGE Energy presently has an average rating of “Hold” and a consensus target price of $78.50.
Check Out Our Latest Research Report on MGEE
Institutional Trading of MGE Energy
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Corient Private Wealth LLC boosted its position in MGE Energy by 106.3% in the fourth quarter. Corient Private Wealth LLC now owns 6,768 shares of the utilities provider’s stock valued at $531,000 after buying an additional 3,487 shares during the last quarter. Beacon Pointe Advisors LLC raised its position in shares of MGE Energy by 6.6% in the fourth quarter. Beacon Pointe Advisors LLC now owns 2,826 shares of the utilities provider’s stock worth $222,000 after acquiring an additional 174 shares during the period. State of Tennessee Department of Treasury raised its holdings in MGE Energy by 6.1% in the 4th quarter. State of Tennessee Department of Treasury now owns 16,009 shares of the utilities provider’s stock worth $1,279,000 after purchasing an additional 925 shares during the period. Susquehanna Portfolio Strategies LLC lifted its position in shares of MGE Energy by 29.6% during the 4th quarter. Susquehanna Portfolio Strategies LLC now owns 9,047 shares of the utilities provider’s stock valued at $709,000 after buying an additional 2,066 shares in the last quarter. Finally, Tudor Investment Corp ET AL grew its position in shares of MGE Energy by 7.8% in the fourth quarter. Tudor Investment Corp ET AL now owns 105,111 shares of the utilities provider’s stock valued at $8,243,000 after purchasing an additional 7,591 shares during the period. Institutional investors and hedge funds own 52.58% of the company’s stock.
About MGE Energy
MGE Energy, Inc is a public utility holding company headquartered in Madison, Wisconsin. Through its principal subsidiary, Madison Gas and Electric Company (MGE), the company provides regulated electric and natural gas distribution services to residential, commercial and industrial customers in south-central Wisconsin. MGE Energy’s operations encompass the generation, transmission and distribution of electricity as well as the purchase and distribution of natural gas, with an emphasis on reliable service and system resilience.
Since reorganizing as a holding company in 2001, MGE Energy has expanded its portfolio to include nonregulated subsidiaries involved in renewable energy development, energy services and infrastructure support.
Featured Articles
- Five stocks we like better than MGE Energy
- Welltower at 52-Week Highs—But Analysts Believe There’s More to Come
- D-Wave’s AT&T Deal Shows Quantum Computing Is Moving Beyond Theory
- Insiders Sell, Institutions Buy: The AI Trade Is Getting More Interesting
- These 3 Stocks Have Soared in 2026—Can They Keep Climbing?
Receive News & Ratings for MGE Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MGE Energy and related companies with MarketBeat.com's FREE daily email newsletter.
