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MGE Energy - MGEE Stock Price Target and Predictions

  • Consensus Rating: Sell
  • Consensus Price Target: $68.00
  • Forecasted Upside: -10.29%
  • Number of Analysts: 1
  • Breakdown:
  • 1 Sell Ratings
  • 0 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$75.80 As of 03/24/2023 01:00 AM ET
▲ +3.03 (4.16%)

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 $68.00
▼ -10.29% Downside Potential
This price target is based on 1 analysts offering 12 month price targets for MGE Energy in the last 3 months. The average price target is $68.00, with a high forecast of $68.00 and a low forecast of $68.00. The average price target represents a -10.29% upside from the last price of $75.80.

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 Sell

The current consensus among 1 polled investment analysts is to sell stock in MGE Energy. This Sell consensus rating has held steady for over two years.

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
Ratings as of
10/2/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
12/31/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
3/31/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
6/29/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
9/27/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
12/26/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
2/24/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
3/26/2023

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/21/2023Morgan StanleyLower TargetUnderweight$72.00 ➝ $68.00Low
2/22/2023Morgan StanleyBoost TargetUnderweight$68.00 ➝ $72.00Low
1/30/2023Morgan StanleyBoost TargetUnderweight$67.00 ➝ $68.00Low
1/23/2023Morgan StanleyBoost TargetUnderweight$66.00 ➝ $67.00Low
12/15/2022Morgan StanleyBoost TargetUnderweight$63.00 ➝ $66.00Low
11/11/2022Morgan StanleyBoost TargetUnderweight$59.00 ➝ $63.00Low
10/21/2022Morgan StanleyLower TargetUnderweight$75.00 ➝ $59.00Low
9/22/2022Morgan StanleyLower TargetUnderweight$77.00 ➝ $75.00Low
8/23/2022Morgan StanleyBoost TargetUnderweight$72.00 ➝ $77.00Low
5/23/2022Morgan StanleyLower TargetUnderweight$77.00 ➝ $74.00High
4/20/2022Morgan StanleyBoost TargetUnderweight$73.00 ➝ $78.00Low
3/22/2022Morgan StanleyBoost TargetUnderweight$69.00 ➝ $73.00Medium
1/25/2022Morgan StanleyLower TargetUnderweight$73.00 ➝ $72.00Low
12/30/2021Bank of AmericaBoost Target$64.00 ➝ $71.00Medium
12/21/2021Morgan StanleyBoost TargetUnderweight$69.00 ➝ $73.00Low
11/17/2021Morgan StanleyDowngradeEqual Weight ➝ Underweight$71.00 ➝ $69.00High
9/17/2021Morgan StanleyLower TargetEqual Weight$74.00 ➝ $73.00High
8/19/2021Morgan StanleyBoost TargetEqual Weight$71.00 ➝ $74.00Low
7/20/2021Morgan StanleyLower TargetEqual Weight$73.00 ➝ $71.00High
6/21/2021Morgan StanleyBoost TargetEqual Weight$71.00 ➝ $73.00High
5/18/2021Morgan StanleyLower TargetEqual Weight$73.00 ➝ $71.00Low
5/3/2021Morgan StanleyBoost TargetEqual Weight$69.00 ➝ $73.00N/A
4/26/2021Morgan StanleyBoost TargetEqual Weight$69.00 ➝ $73.00N/A
4/20/2021Morgan StanleyBoost TargetEqual Weight$64.00 ➝ $69.00Medium
3/19/2021Morgan StanleyLower TargetEqual Weight$65.00 ➝ $64.00High
1/20/2021Morgan StanleyLower TargetEqual Weight$68.00 ➝ $65.00Low
12/15/2020Morgan StanleyBoost TargetEqual Weight$66.00 ➝ $68.00Low
11/17/2020Morgan StanleyBoost TargetEqual Weight$62.00 ➝ $66.00Medium
10/20/2020Morgan StanleyBoost TargetEqual Weight$60.00 ➝ $62.00Low
10/5/2020Morgan StanleyLower TargetEqual Weight$64.00 ➝ $60.00Medium
9/9/2020Morgan StanleyInitiated CoverageEqual Weight$64.00Medium
5/26/2020Bank of AmericaInitiated CoverageUnderperform$57.00Low
(Data available from 3/26/2018 forward)

News Sentiment Rating

1.17 (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
  • 4 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/28/2022
  • 2 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2022
  • 4 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/27/2022
  • 7 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/26/2022
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2022
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/25/2023
  • 8 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/24/2023
  • 9 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2023

Current Sentiment

  • 9 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

MGE Energy logo
MGE Energy, Inc. engages in the provision of natural gases and electric services. It operates though the following segments: Regulated Electric Utility Operations, Regulated Gas Utility Operations, Non-Regulated Energy Operations, Transmission Investments, and All Other. The Regulated Electric Utility Operations segment involves generating, purchasing, and distributing electricity. The Regulated Gas Utility Operations segment includes purchasing and distributing natural gas. The Non-Regulated Energy Operations segment offers owning and leasing electric generating capacity. The Transmission Investments segment represents investment in American Transmission Company LLC, a company engaged in the business of providing electric transmission services primarily in Wisconsin. The All Other segment invests in companies and property that relate to the regulated operations and financing the regulated operations. The company was founded in 2001 and is headquartered in Madison, WI.
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Today's Range

Now: $75.80
Low: $72.67
High: $75.84

50 Day Range

MA: $72.13
Low: $69.59
High: $77.86

52 Week Range

Now: $75.80
Low: $61.67
High: $86.27

Volume

113,494 shs

Average Volume

108,114 shs

Market Capitalization

$2.74 billion

P/E Ratio

24.77

Dividend Yield

2.24%

Beta

0.69

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: Morgan Stanley, StockNews.com, and TheStreet.
View the latest analyst ratings for MGEE.

What is the current price target for MGE Energy?

1 Wall Street analysts have set twelve-month price targets for MGE Energy in the last year. Their average twelve-month price target is $68.00, suggesting a possible downside of 10.3%. Morgan Stanley has the highest price target set, predicting MGEE will reach $68.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $68.00 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 from Wall Street analysts. The stock has a consensus analyst rating of "Sell." A "sell" rating indicates that analysts believe MGEE will underperform the market and that investors should sell shares of MGE Energy.
View the latest ratings for MGEE.

What other companies compete with MGE Energy?

Other companies that are similar to MGE Energy include Otter Tail, Avista, California Water Service Group, Primo Water and SJW Group. 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.