MG

MGE Energy IncNASDAQ MGEE Stock Report

Last reporting period 30 Jun, 2024

Updated 19 Sep, 2024

Last price

Market cap $B

3.313

Middle

Exchange

XNAS - Nasdaq

MGEE Stock Analysis

MG

Avoid

Based on Eyestock quantitative analysis, MGEE`s fundamental data and valuation indicate an investment grade of Avoid at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

61/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-10.5 %

Greatly overvalued

Market cap $B

3.313

Dividend yield

2.49 %

Shares outstanding

36.163 B

MGE Energy, Inc. provides natural gas and electric services. The company is headquartered in Madison, Wisconsin and currently employs 701 full-time employees. The firm's segments include Regulated electric utility operations; Regulated gas utility operations; Nonregulated energy operations, and Transmission investments. Regulated gas utility operations segment is engaged in generating, purchasing and distributing electricity through Madison Gas and Electric Company (MGE). Regulated gas utility operations segment is engaged in purchasing and distributing natural gas through MGE. Nonregulated energy operations segment owns and leases electric generating capacity that assists MGE through MGE Energy's wholly owned subsidiaries MGE Power Elm Road and MGE Power West Campus. Transmission investments segment includes the Company's investment in American Transmission Company LLC, and ATC Holdco LLC. American Transmission Company LLC is engaged in providing electric transmission services. ATC Holdco LLC, which facilitates out-of-state electric transmission development and investments.

View Section: Eyestock Rating