We are live on ! Find out more

MGE Energy Inc

MGEE

Market cap $2.8B

74.17 USD

+0.63

0.86%

At close Updated Oct 27, 4:00 PM EDT

1 day

0.86%

5 days

2.77%

1 month

7.6%

3 months

-9.12%

6 months

-8.5%

Year to date

-5.44%

1 year

-13.67%

5 years

-1.94%

10 years

29.85%

About: MGE Energy provides electric service to 170,000 customers and natural gas service to 180,000 customers in Madison, Wisconsin, and surrounding areas. Nearly 90% of customers are residential. The company also owns a 3.6% stake in American Transmission Co. MGE owns interests in two coal power plants that earn guaranteed fixed rates of return, contributing about 20% of earnings.

Employees: 726

Utilities Electric Utilities

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 77.3%

Neutral 18.2%

Negative 4.5%

Best Dividend Kings: October 2026

Dividend Kings have outperformed SPY YTD, rising 13.5% versus SPY's 12.32%, with a strong October rebound. Twenty-six Dividend Kings appear both potentially undervalued and offer long-term annualized expected returns of at least 10%. Dividend growth for the Kings in 2026 averages 4.65%, with recent increases from GRC, NWN, and RPM.

Best Dividend Kings: October 2026

Zacks Investment Research

MGE (MGEE) Upgraded to Buy: Here's Why

MGE (MGEE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

MGE (MGEE) Upgraded to Buy: Here's Why

15 Undervalued Stocks: Yield Up To 7.8% And 15 Overvalued Not To Pursue Now

Rose's Income Garden portfolio review highlights 15 most undervalued and 15 most overvalued dividend stocks using 52-week high/low analysis. Energy names like XOM, SHEL, and CVX have rotated into overvalued territory, while high-yield REITs such as VICI remain top undervalued picks. Dividend yield remains a key selection criterion, with several undervalued stocks offering yields above 5% and investment-grade credit ratings.

15 Undervalued Stocks: Yield Up To 7.8% And 15 Overvalued Not To Pursue Now

Zacks Investment Research

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?

Why MGE (MGEE) is a Top Dividend Stock for Your Portfolio

10% Raise From Cummins And 3 Other September Raises

Four RIG portfolio holdings—CMI, DUK, MGEE, and UNP—announced September dividend raises, reinforcing income growth despite broader market weakness. CMI delivered a standout 10% dividend increase, but with a 1.7% yield and elevated P/E, I maintain a hold and seek a lower entry point. DUK and MGEE provided modest raises. Both remain reliable dividend payers, but neither meets my buy criteria at current yields and valuations.

10% Raise From Cummins And 3 Other September Raises

Zacks Investment Research

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?

MGE (MGEE) Could Be a Great Choice

Best Dividend Kings: September 2026

Dividend Kings are underperforming SPY in September, with a -4.22% average return versus SPY's marginal gain. Despite aggregate weakness, 29 Dividend Kings appear both undervalued and offer a long-term expected return of at least 10%. Recent dividend increases and higher projected earnings growth have modestly improved the Kings' average dividend growth rate to 4.49%.

Best Dividend Kings: September 2026

MGE Energy: Keeping This Dividend King On The Watchlist Now

Last month, MGE Energy hiked its dividend by 7%, extending its dividend growth streak to 51 consecutive years. The population of the regulated utility's service territory is expected to grow at the fastest rate in Wisconsin through 2050. MGEE maintains the best-in-class S&P credit rating in the country for regulated utilities.

MGE Energy: Keeping This Dividend King On The Watchlist Now

The Dividend Kings Ranked By Quality Scores (September 2026)

Dividend Kings have a 50+ year track record of increasing dividends, showcasing resilience through economic challenges. I rank the Dividend Kings using my 9F Quality Scores, blending qualitative and quantitative factors for a robust, investment-grade assessment. ADP stands out as the best total-return candidate. It is undervalued, high-quality, and offering a strong projected dividend growth rate and Adjusted Chowder Number.

The Dividend Kings Ranked By Quality Scores (September 2026)

Zacks Investment Research

Fed Hikes Interest Rates, Signals Another: 4 Low-Beta Defensive Picks

Fed hikes rates and signals another, putting MGEE, ADM, DOLE and DGX in focus as low-beta defensive picks.

Fed Hikes Interest Rates, Signals Another: 4 Low-Beta Defensive Picks

See News Rankings

Price charts implemented using Lightweight Charts™