Zacks Investment Research·3d ago
Why MGE (MGEE) is a Great Dividend Stock Right NowDividends 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 Energy's regulated rate base has expanded roughly 33% in net PPE from $2.1B in 2024Q2 to $2.8B in 2026Q3, and TTM revenue grew 9.9% to $743.7M, suggesting the growth is anchored to authorized returns rather than volume gains.
Price trend, volume and key moving averages
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 4, 2026 | $1.48+25.4% vs $1.18 | $190M+3.1% vs $185M |
Q3 2026 Aug 5, 2026 | $0.89+15.6% vs $0.77 | $161M-3.1% vs $166M |
Q2 2026 May 5, 2026 | $1.32+16.8% vs $1.13 | $243M+6.9% vs $227M |
Q1 2026 Feb 25, 2026 | $0.64+0.0% vs $0.64 | $190M+5.4% vs $180M |
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) came out with quarterly earnings of $1.48 per share, beating the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $1.22 per share a year ago.
U.S. wind power capacity is set to reach 179.1 GW by 2027. Clearway Energy, Consolidated Edison, OGE Energy and MGE Energy offer promising growth opportunities.
MGE (MGEE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Benchmark MGEE against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for MGE Energy, Inc. (MGEE)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $80.26 | $3.03B | 18.89 | 9.85% | 20.6% | 11.59% | 2.3% | |
| $78.44 | $3.29B | 18.77 | -1.99% | 13.45% | 9.33% | 2.67% | |
| $40.23 | $3.32B | 13.65 | 1.34% | 12.75% | 8.87% | 4.88% | |
| $82.73 | $5.09B | 31.20 | 6.38% | 9.48% | 5.66% | 3.18% | |
| $33.59 | $4.7B | 11.94 | 8.64% | 20.28% | 34.21% | 0.01% | |
| $27.22 | $435.53M | 26.68 | -1.41% | 12.88% | 7.2% | 1.82% |
MGE Energy, Inc. (MGEE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
MGE Energy, Inc. (MGEE) SEC filings — annual & quarterly reports (10-K, 10-Q)
Nov 5, 2026·SEC
Nov 4, 2026·SEC
Aug 5, 2026·SEC
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MGE Energy, Inc. (MGEE) stock FAQ — growth, dividends, profitability & financials explained
MGE Energy, Inc. (MGEE) reported $783.8M in revenue over the trailing twelve months. Revenue was $743.7M in fiscal year 2025. That is 194% more than the $253.2M of fiscal year 1996.
MGE Energy, Inc. (MGEE) grew revenue by 8.0% over the trailing twelve months, compared with the twelve months before.
Yes. MGE Energy, Inc. (MGEE) earned $161.5M in net income over the trailing twelve months (a 20.6% net margin).
Yes. MGE Energy, Inc. (MGEE) pays a dividend that yields 2.30% at the current price, a moderate yield.
MGE Energy, Inc. (MGEE) had a return on equity (ROE) of 11.6% over the trailing twelve months. That is in line with the market's typical 10-15%.
MGE Energy, Inc. (MGEE) had negative free cash flow of $104.3M over the trailing twelve months.
MGE Energy, Inc. (MGEE) has a dividend payout ratio of 50%. This suggests the dividend is well-covered and sustainable.
