Is MGE Energy, Inc. a good investment? MGE Energy, Inc. (MGEE) is currently trading at 80.00 USD. Market analysts have a consensus price target of 77.25 USD. This suggests the asset is currently trading above analyst expectations.
In terms of valuation, the stock trades at a P/E ratio of 20.93. This valuation is generally in line with the broader market.
Earnings Schedule: MGE Energy, Inc. is expected to release its next earnings report on Aug. 5, 2026. The market consensus estimate for Forward EPS is 4.15.
For income investors, MGE Energy, Inc. pays a dividend yield of 2.37%. With a payout ratio of 48%, the dividend appears sustainable.
Yes, it pays an annual dividend of 1.90 USD (2.37% yield).
MGE Energy, Inc. is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
The next earnings date is projected to be Aug. 5, 2026. The company currently has a trailing EPS of 3.90.
MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company in the United States. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other segments. The company generates, purchases, and distributes electricity; purchases and distributes natural gas; owns and leases electric generating capacity; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission power services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources and provides solar and wind generation, and battery storage services. As of December 31, 2025, the company owned and operated 811 miles of overhead electric distribution lines; 1,386 miles of underground electric distribution cables; 47 substations with an installed capacity of 1.2 million kVA; and gas facilities, including 3,117 miles of distribution mains, as well as supplied electric service to approximately 170,000 customers. MGE Energy, Inc. was incorporated in 2001 and is headquartered in Madison, Wisconsin.
| Year | Total Dividends |
|---|---|
| ▸2027 |
1.00 USD
|
| June 15, 2027 (estimated) | 0.4985 |
| March 15, 2027 (estimated) | 0.4985 |
| ▸2026 |
1.95 USD
|
| Dec. 15, 2026 (estimated) | 0.4988 |
| Sept. 15, 2026 (estimated) | 0.4988 |
| June 15, 2026 | 0.4750 |
| March 15, 2026 | 0.4750 |
| ▸2025 |
1.85 USD
|
| Dec. 15, 2025 | 0.4750 |
| Sept. 15, 2025 | 0.4750 |
| June 15, 2025 | 0.4500 |
| March 15, 2025 | 0.4500 |
| ▸2024 |
1.76 USD
|
| Dec. 15, 2024 | 0.4500 |
| Sept. 15, 2024 | 0.4500 |
| June 15, 2024 | 0.4275 |
| March 15, 2024 | 0.4275 |
| ▸2023 |
1.67 USD
|
| Dec. 15, 2023 | 0.4275 |
| Sept. 15, 2023 | 0.4275 |
| June 15, 2023 | 0.4075 |
| March 15, 2023 | 0.4070 |
| ▸2022 |
1.59 USD
|
| Dec. 15, 2022 | 0.4070 |
| Sept. 15, 2022 | 0.4075 |
| June 15, 2022 | 0.3870 |
| March 15, 2022 | 0.3870 |
| ▸2021 |
1.51 USD
|
| Dec. 15, 2021 | 0.3870 |
| Sept. 15, 2021 | 0.3870 |
| June 15, 2021 | 0.3700 |
| March 15, 2021 | 0.3700 |
| ▸2020 |
1.45 USD
|
| Dec. 15, 2020 | 0.3700 |
| Sept. 15, 2020 | 0.3700 |
| June 15, 2020 | 0.3525 |
| March 15, 2020 | 0.3525 |
| ▸2019 |
1.38 USD
|
| Dec. 15, 2019 | 0.3525 |
| Sept. 15, 2019 | 0.3525 |
| June 15, 2019 | 0.3375 |
| March 15, 2019 | 0.3375 |
| ▸2018 |
1.32 USD
|
| Dec. 15, 2018 | 0.3375 |
| Sept. 15, 2018 | 0.3375 |
| June 15, 2018 | 0.3225 |
| March 15, 2018 | 0.3225 |
| ▸2017 |
1.26 USD
|
| Dec. 15, 2017 | 0.3225 |
| Sept. 15, 2017 | 0.3225 |
| June 15, 2017 | 0.3075 |
| March 15, 2017 | 0.3075 |
| ▸2016 |
1.20 USD
|
| Dec. 15, 2016 | 0.3075 |
| Sept. 15, 2016 | 0.3075 |
| June 15, 2016 | 0.2950 |
| March 15, 2016 | 0.2950 |
| ▸2015 |
1.15 USD
|
| Dec. 15, 2015 | 0.2950 |
| Sept. 15, 2015 | 0.2950 |
| June 15, 2015 | 0.2825 |
| March 15, 2015 | 0.2825 |
| ▸2014 |
1.11 USD
|
| Dec. 15, 2014 | 0.2825 |
| Sept. 15, 2014 | 0.2825 |
| June 15, 2014 | 0.2717 |
| March 15, 2014 | 0.2717 |
| ▸2013 |
1.61 USD
|
| Dec. 15, 2013 | 0.4076 |
| Sept. 15, 2013 | 0.4076 |
| June 15, 2013 | 0.3951 |
| March 15, 2013 | 0.3951 |
| ▸2012 |
1.56 USD
|
| Dec. 15, 2012 | 0.3951 |
| Sept. 15, 2012 | 0.3951 |
| June 15, 2012 | 0.3826 |
| March 15, 2012 | 0.3826 |
| ▸2011 |
1.52 USD
|
| Dec. 15, 2011 | 0.3826 |
| Sept. 15, 2011 | 0.3826 |
| June 15, 2011 | 0.3751 |
| March 15, 2011 | 0.3751 |
| ▸2010 |
1.49 USD
|
| Dec. 15, 2010 | 0.3751 |
| Sept. 15, 2010 | 0.3751 |
| June 15, 2010 | 0.3684 |
| March 15, 2010 | 0.3684 |
| ▸2009 |
1.46 USD
|
| Dec. 15, 2009 | 0.3684 |
| Sept. 15, 2009 | 0.3684 |
| June 15, 2009 | 0.3617 |
| March 15, 2009 | 0.3617 |
| ▸2008 |
1.43 USD
|
| Dec. 15, 2008 | 0.3617 |
| Sept. 15, 2008 | 0.3617 |
| June 15, 2008 | 0.3550 |
| March 15, 2008 | 0.3550 |
| ▸2007 |
1.41 USD
|
| Dec. 15, 2007 | 0.3550 |
| Sept. 15, 2007 | 0.3550 |
| June 15, 2007 | 0.3483 |
| March 15, 2007 | 0.3483 |
| ▸2006 |
1.39 USD
|
| Dec. 15, 2006 | 0.3483 |
| Sept. 15, 2006 | 0.3483 |
| June 15, 2006 | 0.3450 |
| March 15, 2006 | 0.3450 |
| ▸2005 |
1.37 USD
|
| Dec. 15, 2005 | 0.3450 |
| Sept. 15, 2005 | 0.3450 |
| June 15, 2005 | 0.3417 |
| March 15, 2005 | 0.3417 |
| ▸2004 |
1.36 USD
|
| Dec. 15, 2004 | 0.3417 |
| Sept. 15, 2004 | 0.3417 |
| June 15, 2004 | 0.3383 |
| March 15, 2004 | 0.3383 |
| ▸2003 |
1.35 USD
|
| Dec. 15, 2003 | 0.3383 |
| Sept. 15, 2003 | 0.3383 |
| June 15, 2003 | 0.3358 |
| March 15, 2003 | 0.3358 |
| ▸2002 |
1.34 USD
|
| Dec. 15, 2002 | 0.3358 |
| Sept. 15, 2002 | 0.3358 |
| June 15, 2002 | 0.3333 |
| March 15, 2002 | 0.3333 |
| ▸2001 |
1.33 USD
|
| Dec. 15, 2001 | 0.3333 |
| Sept. 15, 2001 | 0.3330 |
| June 15, 2001 | 0.3308 |
| March 15, 2001 | 0.3308 |
| ▸2000 |
1.32 USD
|
| Dec. 15, 2000 | 0.3308 |
| Sept. 15, 2000 | 0.3310 |
| June 15, 2000 | 0.3283 |
| March 15, 2000 | 0.3283 |
| ▸1999 |
1.31 USD
|
| Dec. 15, 1999 | 0.3283 |
| Sept. 15, 1999 | 0.3280 |
| June 15, 1999 | 0.3258 |
| March 15, 1999 | 0.3258 |
| ▸1998 |
1.30 USD
|
| Dec. 15, 1998 | 0.3258 |
| Sept. 15, 1998 | 0.3258 |
| June 15, 1998 | 0.3233 |
| March 15, 1998 | 0.3233 |
| ▸1997 |
1.29 USD
|
| Dec. 15, 1997 | 0.3233 |
| Sept. 15, 1997 | 0.3233 |
| June 15, 1997 | 0.3200 |
| March 15, 1997 | 0.3200 |
| ▸1996 |
1.27 USD
|
| Dec. 15, 1996 | 0.3200 |
| Sept. 15, 1996 | 0.3200 |
| June 15, 1996 | 0.3166 |
| March 15, 1996 | 0.3166 |
| ▸1995 |
1.89 USD
|
| Dec. 15, 1995 | 0.4750 |
| Sept. 15, 1995 | 0.4750 |
| June 15, 1995 | 0.4700 |
| March 15, 1995 | 0.4700 |
| ▸1994 |
1.87 USD
|
| Dec. 15, 1994 | 0.4700 |
| Sept. 15, 1994 | 0.4700 |
| June 15, 1994 | 0.4650 |
| March 15, 1994 | 0.4650 |
| ▸1993 |
1.84 USD
|
| Dec. 15, 1993 | 0.4650 |
| Sept. 15, 1993 | 0.4650 |
| June 15, 1993 | 0.4550 |
| March 15, 1993 | 0.4550 |
| ▸1992 |
1.79 USD
|
| Dec. 15, 1992 | 0.4550 |
| Sept. 15, 1992 | 0.4550 |
| June 15, 1992 | 0.4400 |
| March 15, 1992 | 0.4400 |
| ▸1991 |
3.28 USD
|
| Dec. 26, 1991 | 0.6600 |
| Dec. 15, 1991 | 0.6600 |
| Sept. 15, 1991 | 0.6600 |
| June 15, 1991 | 0.6500 |
| March 15, 1991 | 0.6500 |
| ▸1990 |
2.58 USD
|
| Dec. 15, 1990 | 0.6500 |
| Sept. 15, 1990 | 0.6500 |
| June 15, 1990 | 0.6400 |
| March 15, 1990 | 0.6400 |
| ▸1989 |
2.52 USD
|
| Dec. 15, 1989 | 0.6400 |
| Sept. 15, 1989 | 0.6400 |
| June 15, 1989 | 0.6200 |
| March 15, 1989 | 0.6200 |
| ▸1988 |
2.45 USD
|
| Dec. 15, 1988 | 0.6200 |
| Sept. 15, 1988 | 0.6200 |
| June 15, 1988 | 0.6050 |
| March 15, 1988 | 0.6050 |
| ▸1987 |
2.39 USD
|
| Dec. 15, 1987 | 0.6050 |
| Sept. 15, 1987 | 0.6050 |
| June 15, 1987 | 0.5900 |
| March 16, 1987 | 0.5900 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| MGE Energy, Inc. | Jun 15, 2026 | Paid | 0.475 USD |
| MGE Energy, Inc. | Mar 15, 2026 | Paid | 0.475 USD |
| MGE Energy, Inc. | Dec 15, 2025 | Paid | 0.475 USD |
| MGE Energy, Inc. | Sep 15, 2025 | Paid | 0.475 USD |
| Split Date | Split Ratio to 1 |
|---|---|
| Jan. 22, 1992 | 1.500000 |
| Feb. 21, 1996 | 1.500000 |
| Feb. 10, 2014 | 1.500000 |
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