Mge Energy Stock Today
| MGEE Stock | USD 80.26 0.35 0.44% |
Performance11 of 100
| Odds Of DistressLess than 8
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MGE Energy is trading at 80.26 as of the 6th of May 2024, a 0.44% increase since the beginning of the trading day. The stock's lowest day price was 78.79. MGE Energy has only a 8 % chance of going through financial distress over the next few years and had a good performance during the last 90 days. Equity ratings for MGE Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of May 2022 and ending today, the 6th of May 2024. Click here to learn more.
Business Domain Utilities | IPO Date 26th of March 1990 |
MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. 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. The company has 36.18 M outstanding shares of which 2.27 M shares are now shorted by private and institutional investors with about 3.35 trading days to cover. More on MGE Energy
Moving together with MGE Stock
| 0.8 | D | Dominion Energy | PairCorr |
| 0.63 | ED | Consolidated Edison | PairCorr |
| 0.76 | ES | Eversource Energy | PairCorr |
| 0.82 | FE | FirstEnergy | PairCorr |
| 0.76 | SO | Southern | PairCorr |
Moving against MGE Stock
| 0.82 | HE | Hawaiian Electric Financial Report 14th of May 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
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MGE Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. MGE Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MGE Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President | Cari Renlund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Electric Utilities, Utilities - Regulated Electric, Utilities, NASDAQ Composite, NASDAQ Composite Total, Utilities, Electric Utilities, Utilities—Diversified, Utilities (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering MGE Energy report their recommendations after researching MGE Energy's financial statements, talking to executives and customers, or listening in on MGE Energy's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering MGE Energy. The MGE consensus assessment is calculated by taking the average forecast from all of the analysts covering MGE Energy. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from MGE Energy's financial statements, MGE Energy is not in a good financial situation at this time. It has a very high probability of going through financial hardship in June. Financial strength of MGE Energy is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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MGE Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to MGE Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand MGE Energy's financial leverage. It provides some insight into what part of MGE Energy's total assets is financed by creditors.
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MGE Energy (MGEE) is traded on NASDAQ Exchange in USA. It is located in 133 South Blair Street, Madison, WI, United States, 53788 and employs 9 people. MGE Energy is listed under Electric Utilities category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.89 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MGE Energy's market, we take the total number of its shares issued and multiply it by MGE Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. MGE Energy conducts business under Electric Utilities sector and is part of Utilities industry. The entity has 36.18 M outstanding shares of which 2.27 M shares are now shorted by private and institutional investors with about 3.35 trading days to cover.
MGE Energy currently holds about 10.62 M in cash with 237.56 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.29.
Check MGE Energy Probability Of Bankruptcy
Ownership AllocationMGE Energy maintains a total of 36.18 Million outstanding shares. Over half of MGE Energy's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Thus, these institutions are subject to different rules and regulations than regular investors in MGE Energy. Please watch out for any change in the institutional holdings of MGE Energy as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check MGE Ownership Details
MGE Stock Price Odds Analysis
What are MGE Energy's target price odds to finish over the current price? Based on a normal probability distribution, the odds of MGE Energy jumping above the current price in 90 days from now is about 13.24%. The MGE Energy probability density function shows the probability of MGE Energy stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days MGE Energy has a beta of 0.9591. This indicates MGE Energy market returns are highly-sensitive to returns on the market. As the market goes up or down, MGE Energy is expected to follow. Additionally, mGE Energy has an alpha of 0.284, implying that it can generate a 0.28 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of MGE Energy to move above the current price in 90 days from now is about 13.24 (This MGE Energy probability density function shows the probability of MGE Stock to fall within a particular range of prices over 90 days) .
MGE Stock Institutional Holders
Institutional Holdings refers to the ownership stake in MGE Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of MGE Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing MGE Energy's value.| Instituion | Recorded On | Shares | |
| Silvercrest Asset Management Group Llc | 2023-12-31 | 376.4 K | |
| Jpmorgan Chase & Co | 2023-12-31 | 312 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 302.7 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 218.1 K | |
| Nuveen Asset Management, Llc | 2023-12-31 | 199.6 K | |
| Legal & General Group Plc | 2023-12-31 | 161.3 K | |
| Susquehanna International Group, Llp | 2023-12-31 | 120.8 K | |
| Millennium Management Llc | 2023-12-31 | 113.5 K | |
| Bank Of America Corp | 2023-12-31 | 88.6 K | |
| Vanguard Group Inc | 2023-12-31 | 4.2 M | |
| Blackrock Inc | 2023-12-31 | 3 M |
MGE Energy Historical Income Statement
MGE Energy Income Statement is one of the three primary financial statements used for reporting MGE's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of MGE Energy revenue and expense. MGE Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, MGE Energy's Net Income is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 33.6 M, whereas Gross Profit is forecasted to decline to about 235.6 M. View More FundamentalsMGE Stock Against Markets
Picking the right benchmark for MGE Energy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in MGE Energy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for MGE Energy is critical whether you are bullish or bearish towards MGE Energy at a given time. Please also check how MGE Energy's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in MGE Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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MGE Energy Corporate Management
Elected by the shareholders, the MGE Energy's board of directors comprises two types of representatives: MGE Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MGE. The board's role is to monitor MGE Energy's management team and ensure that shareholders' interests are well served. MGE Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MGE Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Tamara Johnson | VP Officer | Profile | |
| Lynn Hobbie | Executive Communications | Profile | |
| Ken Frassetto | Director Management | Profile | |
| Melissa Garner | Assistant Resources | Profile | |
| Marshall Heyworth | Assistant HR | Profile | |
| Jared Bushek | VP CFO | Profile |
How to buy MGE Stock?
Before investing in MGE Energy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in MGE Energy. To buy MGE Energy stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of MGE Energy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase MGE Energy stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located MGE Energy stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased MGE Energy stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as MGE Energy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy MGE Stock please use our How to Invest in MGE Energy guide.
Already Invested in MGE Energy?
The danger of trading MGE Energy is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of MGE Energy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than MGE Energy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile MGE Energy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether MGE Energy is a strong investment it is important to analyze MGE Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGE Energy's future performance. For an informed investment choice regarding MGE Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGE Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade MGE Stock refer to our How to Trade MGE Stock guide.Note that the MGE Energy information on this page should be used as a complementary analysis to other MGE Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for MGE Stock analysis
When running MGE Energy's price analysis, check to measure MGE Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MGE Energy is operating at the current time. Most of MGE Energy's value examination focuses on studying past and present price action to predict the probability of MGE Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGE Energy's price. Additionally, you may evaluate how the addition of MGE Energy to your portfolios can decrease your overall portfolio volatility.
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Is MGE Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGE Energy. If investors know MGE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGE Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Dividend Share 1.67 | Earnings Share 3.25 | Revenue Per Share 18.636 | Quarterly Revenue Growth (0.15) |
The market value of MGE Energy is measured differently than its book value, which is the value of MGE that is recorded on the company's balance sheet. Investors also form their own opinion of MGE Energy's value that differs from its market value or its book value, called intrinsic value, which is MGE Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGE Energy's market value can be influenced by many factors that don't directly affect MGE Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MGE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGE Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.