Wall Street analyst estimates for MGE Energy, Inc. (MGEE): consensus price target and buy/hold/sell recommendations.
MGE Energy, Inc. operates as a public utility holding company, primarily conducting its business in Wisconsin through various subsidiary entities. The company's operations are divided into several key segments: Regulated Electric Utility, Regulated Gas Utility, Nonregulated Energy, Transmission Investments, and an "All Other" category.
Analyst Consensus
| Strong Buy | 0 |
| Buy | 1 |
| Hold | 2 |
| Sell | 1 |
| Strong Sell | 0 |
| Total analysts | 4 |
| Avg rating (−2 sell to +2 buy) | 0.00 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-04 | $1.18 | ||
| 2026-08-05 | $0.89 | $0.77 | +15.6% |
| 2026-05-05 | $1.32 | $1.13 | +16.8% |
| 2026-02-25 | $0.64 | $0.64 | +0.0% |
| 2025-11-05 | $1.22 | $1.19 | +2.5% |
| 2025-08-06 | $0.72 | $0.73 | -1.4% |
| 2025-05-07 | $1.14 | $0.98 | +16.3% |
| 2025-02-25 | $0.61 | $0.84 | -27.4% |
Valuation Ratios
| P/E Ratio | 18.13 |
| Price / Book | 1.93 |
| EV / EBITDA | 12.51 |
| Dividend Yield | 2.60% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $544.7M | $563.1M | $559.8M | $568.9M | $538.6M | $606.6M | $714.5M | $690.4M | $676.9M | $743.7M |
| Cost of Revenue | $351.8M | $362.0M | $369.7M | $366.5M | $334.7M | $393.0M | $470.6M | $421.4M | $398.1M | $434.8M |
| Gross Profit | $192.9M | $201.1M | $190.0M | $202.3M | $203.9M | $213.6M | $243.9M | $269.0M | $278.8M | $308.9M |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $6.6M | $6.2M | $10.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | $64.7M | $72.4M | $75.8M | $91.4M | $93.9M | $96.3M | $106.2M | $122.7M | $132.6M | $138.2M |
| Operating Income | $128.2M | $128.7M | $114.2M | $110.9M | $110.0M | $117.3M | $137.7M | $146.4M | $146.3M | $170.7M |
| EBITDA | $182.6M | $192.1M | $187.7M | $201.3M | $209.6M | $211.0M | $249.4M | $276.3M | $272.7M | $304.8M |
| Interest Expense | $19.9M | $19.3M | $19.6M | $23.1M | $23.5M | $24.1M | $26.6M | $30.4M | $32.9M | $33.8M |
| Pre-tax Income | $118.1M | $119.7M | $111.7M | $106.7M | $111.8M | $109.9M | $137.2M | $145.5M | $131.2M | $156.7M |
| Income Tax | $42.5M | $22.1M | $27.4M | $19.8M | $19.4M | $4.1M | $26.2M | $27.8M | $10.6M | $20.8M |
| Net Income | $75.6M | $97.6M | $84.2M | $86.9M | $92.4M | $105.8M | $111.0M | $117.7M | $120.6M | $135.9M |
| EPS | $2.18 | $2.82 | $2.43 | $2.33 | $2.60 | $2.92 | $3.07 | $3.25 | $3.33 | $3.72 |
| EPS (Diluted) | $2.18 | $2.82 | $2.43 | $2.33 | $2.60 | $2.92 | $3.07 | $3.25 | $3.33 | $3.72 |
| Shares Outstanding (Diluted) | 34.7 M | 34.7 M | 34.7 M | 34.7 M | 35.6 M | 36.2 M | 36.2 M | 36.2 M | 36.2 M | 36.6 M |
Price
| Price | $73.77 (closing price, October 29, 2026) |
| Market Cap | $2.8B |
| Exchange | NASDAQ |
| Country | US |
Related companies: XEL · LNT · NWE · SO · DUK · DTE · CMS · OGE
Explore sector: Utilities · Regulated Electric
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