• Consensus Rating: Reduce
  • Consensus Price Target: $79.00
  • Forecasted Upside: 0.10%
  • Number of Analysts: 3
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$78.92
▼ -1.05 (-1.31%)

This chart shows the closing price for MGEE by one month, three months, or twelve months.

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Analyst Price Target for MGEE

Analyst Price Target is $79.00
▲ +0.10% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for MGE Energy in the last 3 months. The average price target is $79.00, with a high forecast of $83.00 and a low forecast of $75.00. The average price target represents a 0.10% upside from the last price of $78.92.

This chart shows the closing price for MGEE for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Reduce

The current consensus among 3 polled investment analysts is to reduce stock in MGE Energy. This rating has held steady since October 2025, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
6/12/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
9/10/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
12/9/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 2 sell ratings
3/9/2025
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 2 sell ratings
6/7/2025
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 2 sell ratings
9/5/2025
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
11/4/2025
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
12/4/2025

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/1/2025Weiss RatingsReiterated RatingHold (C+) ➝ Hold (C+)
11/25/2025Weiss RatingsReiterated RatingHold (C+) ➝ Hold (C+)
11/19/2025Weiss RatingsDowngradeBuy (B-) ➝ Hold (C+)
11/13/2025Weiss RatingsReiterated RatingBuy (B-) ➝ Buy (B-)
11/7/2025Weiss RatingsUpgradeHold (C+) ➝ Buy (B-)
10/22/2025Morgan StanleyReiterated RatingUnderweight ➝ Underweight
10/8/2025Weiss RatingsDowngradeBuy (B-) ➝ Hold (C+)
9/27/2025Weiss RatingsReiterated RatingBuy (B-) ➝ Buy (B-)
9/25/2025Morgan StanleyLower TargetUnderweight ➝ Underweight$76.00 ➝ $75.00
9/11/2025LADENBURG THALM/SH SHUpgradeSell ➝ Neutral$69.00 ➝ $83.00
8/21/2025Morgan StanleyReiterated RatingUnderweight ➝ Underweight
5/22/2025Morgan StanleyLower TargetUnderweight ➝ Underweight$75.00 ➝ $74.00
5/9/2025LADENBURG THALM/SH SHUpgradeStrong Sell
4/23/2025Morgan StanleyReiterated RatingUnderweight ➝ Underweight
3/20/2025Morgan StanleyBoost TargetUnderweight ➝ Underweight$78.00 ➝ $80.00
3/17/2025LADENBURG THALM/SH SHUpgradeStrong Sell
12/12/2024LADENBURG THALM/SH SHUpgradeStrong Sell
9/25/2024Morgan StanleyBoost TargetUnderweight ➝ Underweight$71.00 ➝ $74.00
8/23/2024Morgan StanleyBoost TargetUnderweight ➝ Underweight$66.00 ➝ $71.00
6/24/2024Morgan StanleyLower TargetUnderweight ➝ Underweight$68.00 ➝ $65.00
5/28/2024Morgan StanleyBoost TargetUnderweight ➝ Underweight$63.00 ➝ $68.00
11/21/2023Morgan StanleyBoost TargetUnderweight ➝ Underweight$61.00 ➝ $62.00
10/25/2023Morgan StanleyLower TargetUnderweight ➝ Underweight$65.00 ➝ $61.00
9/21/2023Morgan StanleyBoost TargetUnderweight ➝ Underweight$63.00 ➝ $65.00
8/23/2023Morgan StanleyLower TargetUnderweight ➝ Underweight$67.00 ➝ $63.00
7/21/2023Morgan StanleyLower TargetUnderweight$68.00 ➝ $67.00
4/20/2023Morgan StanleyBoost TargetUnderweight$68.00 ➝ $72.00
3/21/2023Morgan StanleyLower TargetUnderweight$72.00 ➝ $68.00
2/22/2023Morgan StanleyBoost TargetUnderweight$68.00 ➝ $72.00
1/30/2023Morgan StanleyBoost TargetUnderweight$67.00 ➝ $68.00
1/23/2023Morgan StanleyBoost TargetUnderweight$66.00 ➝ $67.00
12/15/2022Morgan StanleyBoost TargetUnderweight$63.00 ➝ $66.00
11/11/2022Morgan StanleyBoost TargetUnderweight$59.00 ➝ $63.00
10/21/2022Morgan StanleyLower TargetUnderweight$75.00 ➝ $59.00
9/22/2022Morgan StanleyLower TargetUnderweight$77.00 ➝ $75.00
8/23/2022Morgan StanleyBoost TargetUnderweight$72.00 ➝ $77.00
5/23/2022Morgan StanleyLower TargetUnderweight$77.00 ➝ $74.00
4/20/2022Morgan StanleyBoost TargetUnderweight$73.00 ➝ $78.00
3/22/2022Morgan StanleyBoost TargetUnderweight$69.00 ➝ $73.00
1/25/2022Morgan StanleyLower TargetUnderweight$73.00 ➝ $72.00
12/30/2021Bank of AmericaBoost Target$64.00 ➝ $71.00
12/21/2021Morgan StanleyBoost TargetUnderweight$69.00 ➝ $73.00
11/17/2021Morgan StanleyDowngradeEqual Weight ➝ Underweight$71.00 ➝ $69.00
9/17/2021Morgan StanleyLower TargetEqual Weight$74.00 ➝ $73.00
8/19/2021Morgan StanleyBoost TargetEqual Weight$71.00 ➝ $74.00
7/20/2021Morgan StanleyLower TargetEqual Weight$73.00 ➝ $71.00
6/21/2021Morgan StanleyBoost TargetEqual Weight$71.00 ➝ $73.00
5/18/2021Morgan StanleyLower TargetEqual Weight$73.00 ➝ $71.00
5/3/2021Morgan StanleyBoost TargetEqual Weight$69.00 ➝ $73.00
4/26/2021Morgan StanleyBoost TargetEqual Weight$69.00 ➝ $73.00
4/20/2021Morgan StanleyBoost TargetEqual Weight$64.00 ➝ $69.00
3/19/2021Morgan StanleyLower TargetEqual Weight$65.00 ➝ $64.00
1/20/2021Morgan StanleyLower TargetEqual Weight$68.00 ➝ $65.00
12/15/2020Morgan StanleyBoost TargetEqual Weight$66.00 ➝ $68.00
(Data available from 12/4/2020 forward)

News Sentiment Rating

1.25 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 19 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/8/2025
  • 30 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/7/2025
  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/7/2025
  • 9 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/6/2025
  • 21 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/5/2025
  • 8 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/5/2025
  • 5 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/4/2025
  • 15 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/4/2025

Current Sentiment

  • 15 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.
MGE Energy logo
MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily 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 and natural gas in Wisconsin and Iowa; owns and leases electric generating capacity; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission power services. It generates electricity from coal-fired, gas-fired, and renewable energy sources. As of December 31, 2023, the company owned and operated 835 miles of overhead electric distribution lines; 1,330 miles of underground electric distribution cables; 49 substations with an installed capacity of 1.2 million kVA; and gas facilities, including 3,066 miles of distribution mains, as well as supplied electric service to approximately 163,000 customers. MGE Energy, Inc. founded in 2001 and is headquartered in Madison, Wisconsin.
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Today's Range

Now: $78.92
Low: $78.56
High: $80.21

50 Day Range

MA: $83.37
Low: $78.92
High: $87.05

52 Week Range

Now: $78.92
Low: $78.56
High: $103.21

Volume

101,841 shs

Average Volume

117,538 shs

Market Capitalization

$2.88 billion

P/E Ratio

21.39

Dividend Yield

2.38%

Beta

0.83

Frequently Asked Questions

What sell-side analysts currently cover shares of MGE Energy?

The following Wall Street analysts have issued reports on MGE Energy in the last year: LADENBURG THALM/SH SH, Morgan Stanley, Wall Street Zen, and Weiss Ratings.
View the latest analyst ratings for MGEE.

What is the current price target for MGE Energy?

0 Wall Street analysts have set twelve-month price targets for MGE Energy in the last year. Their average twelve-month price target is $79.00, suggesting a possible upside of 0.1%. LADENBURG THALM/SH SH has the highest price target set, predicting MGEE will reach $83.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $75.00 for MGE Energy in the next year.
View the latest price targets for MGEE.

What is the current consensus analyst rating for MGE Energy?

MGE Energy currently has 1 sell rating and 2 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Reduce."
View the latest ratings for MGEE.

What other companies compete with MGE Energy?

Other companies that are similar to MGE Energy include Alliant Energy, Ameren, Atmos Energy, Black Hills and CMS Energy. Learn More about companies similar to MGE Energy.

How do I contact MGE Energy's investor relations team?

MGE Energy's physical mailing address is 133 SOUTH BLAIR STREET, MADISON WI, 53701. The utilities provider's listed phone number is (608) 252-7000 and its investor relations email address is [email protected]. The official website for MGE Energy is www.mgeenergy.com. Learn More about contacing MGE Energy investor relations.