MGE Energy, Inc. (MGEE)

Over the past six months, MGE Energy's stock price has experienced some fluctuations, with a share price of $78.81 as of April 2, 2026, representing a decline of 9.43% from April 7, 2025. Key events include the fourth-quarter 2025 earnings report, which showed operating revenue growth driven by factors in both the Electric and Gas segments. MGE Energy achieved its 50th consecutive payout raise, joining the 'Dividend Kings'. Analyst ratings as of April 9, 2026, show a consensus rating of 'Reduce' with an average 12-month price target of $78.00. MGEE insiders have bought more shares than they have sold in the past three months.

Demand for MGE Energy's products and services exhibits clear seasonality. Electric use typically peaks during hot, humid days due to increased air conditioning usage. Demand for natural gas is influenced by winter weather conditions, with higher demand during colder periods.

MGE Energy, Inc. is a utility holding company based in Madison, Wisconsin, with its primary subsidiary, Madison Gas and Electric Co., operating as a regulated utility that generates and distributes electricity and distributes natural gas. The company operates within the utilities sector, focusing on electricity and natural gas. MGE Energy offers electricity, natural gas, and green energy options, and holds ownership interests in transmission assets through subsidiaries.

MGE Energy's main geographic footprint is in south-central and western Wisconsin, where its subsidiary Madison Gas and Electric Co. provides natural gas and electric service to approximately 170,000 electric customers and 180,000 natural gas customers.

MGE Energy maintains a strong brand reputation, particularly regarding reliability and its commitment to clean energy. Madison Gas and Electric is consistently recognized as one of the most reliable electric utilities in the United States. MGE Energy is actively pursuing a clean energy transition with a goal to achieve net-zero carbon electricity by 2050. MGE engages customers through programs like MGE Connect®, a demand response program.

MGE Energy, Inc. has significant institutional ownership, with 311 institutional owners and shareholders holding a total of 21,630,462 shares, accounting for 59.59% of the shares outstanding, while individual insiders own 0.44%. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, and State Street Corp.