MGEE
MGE ENERGY INC
Next earnings Aug 4, 2026 · consensus $0.83 EPS
Last earnings +0.8% on 2026-05-05
$79.78
▲ +1.17%$79.78▼ -8.73%
over 1Y
L $71.99EODHDH $88.96
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+1.2%
1W+5.0%
1M+5.1%
3M+5.4%
YTD+2.9%
1Y-8.7%
Sell
Conviction
Horizon
Medium (3–12mo)
Street · 7 analysts
Sell
Mixed signals in the latest filings.
Return on equity 10.4% · latest
The read
It screens cheap (~29% below fair value), but the weak fundamentals are why — more potential value trap than bargain.
MGE ENERGY INC shows limited reported revenue, and 10.4% ROE.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating income | $117M | $138M | $146M | $146M | $171M |
| Net income | $106M | $111M | $118M | $121M | $136M |
| Diluted EPS | $2.92 | $3.07 | $3.25 | $3.33 | $3.72 |
| Net margin | — | — | — | — | — |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$3.73B
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF—
PEG (trailing)1.69
Earnings yield4.7%
FCF yield-2.7%
Quality & risk
ROIC (est.)6.4%
Free cash flow-$80.0M
Total debt$814M
Net cash-$808M
Piotroski F-Score5/7
Capital returns
Buyback yield—
Dividend yield (est.)2.3%
Shareholder yield2.3%
Shares Δ YoY+0.2%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsSome governance/structural items recently, but no outright red flags.
Recent filings
all on EDGAR ↗8-KPeriod ending 2026-06-192026-06-23open ↗8-KPeriod ending 2026-05-192026-05-22open ↗8-KPeriod ending 2026-05-082026-05-08open ↗8-KPeriod ending 2026-05-062026-05-08open ↗424B5Filing2026-05-07open ↗424B5Filing2026-05-06open ↗8-KPeriod ending 2026-05-052026-05-05open ↗10-QPeriod ending 2026-03-312026-05-05open ↗SCHEDULE 13GFiling2026-04-30open ↗SCHEDULE 13GFiling2026-04-29open ↗DEFA14AFiling2026-04-23open ↗4Period ending 2026-04-172026-04-21open ↗
Frequently asked
- Is MGE ENERGY INC (MGEE) a buy?
- MGEE currently carries a Sell rating with 2/5 conviction, derived from its latest SEC filings. Mixed signals in the latest filings.
- What is MGEE's fair value?
- A Modified-Graham model based on MGEE's SEC fundamentals estimates a fair value of about $102.52. It is an estimate from reported earnings, not a price target.
- Is MGEE overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, MGEE currently appears undervalued relative to its SEC-grounded earnings power.
- What is MGE ENERGY INC's quality score?
- MGEE scores 72.76470588235294/100 (grade B) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001161728, latest 10-Q filed 2026-05-05) · EODHD · as of 6/26/2026, 7:27:25 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.