-0.47%
-3.76%
1.47%
1.65%
44.48%
18.41%
11.35%
AI Spotlight on MGEE
Company Description
MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin.It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other.The company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services.
It also generates electricity from coal-fired, gas-fired, and renewable energy sources, as well as purchases power under short and long-term commitments.As of December 31, 2021, the company generated and distributed electricity to 159,000 customers in Dane County, Wisconsin; and purchased and distributed natural gas to 169,000 customers in seven Wisconsin counties.MGE Energy, Inc.is headquartered in Madison, Wisconsin.
Market Data
| Last Price | 89.85 |
| Change Percentage | -0.47% |
| Open | 89.91 |
| Previous Close | 90.27 |
| Market Cap ( Millions) | 3253 |
| Volume | 274993 |
| Year High | 109.22 |
| Year Low | 61.94 |
| M A 50 | 95.94 |
| M A 200 | 87.64 |
Financial Ratios
| FCF Yield | 0.54% |
| Dividend Yield | 1.95% |
| ROE | 10.18% |
| Debt / Equity | 60.28% |
| Net Debt / EBIDTA | 263.61% |
| Price To Book | 2.72 |
| Price Earnings Ratio | 27.4 |
| Price To FCF | 185.67 |
| Price To sales | 4.85 |
| EV / EBITDA | 14.79 |
News
- Jan -30 - MGE Energy: Now Is Not The Time To Buy (Rating Downgrade)
- Nov -06 - MGE (MGEE) Lags Q3 Earnings Estimates
- Nov -06 - MGE Energy Reports Third-Quarter 2024 Earnings
- Oct -04 - 5 September Dividend Raises- Yield Up To 4.9%
- Aug -22 - 14 Upcoming Dividend Increases Including 2 Kings
- Aug -16 - MGE Energy: Buy This Dividend Champion While It's On Sale
- Aug -07 - MGE (MGEE) Misses Q2 Earnings and Revenue Estimates
- Jun -24 - Reasons to Add MGE Energy (MGEE) Stock to Your Portfolio
- Jun -18 - Is MGE Energy (MGEE) Outperforming Other Utilities Stocks This Year?
- Jun -14 - MGE Energy Issues June 2024 'Inside View'
- May -23 - Reasons to Add MGE Energy (MGEE) Stock to Your Portfolio Now
- May -14 - MGE Energy: Now No Longer A Hidden Gem Utility
- May -13 - Here is Why Growth Investors Should Buy MGE (MGEE) Now
- Apr -24 - MGE (MGEE) Upgraded to Buy: Here's What You Should Know
- Apr -24 - MGE (MGEE) is a Top Dividend Stock Right Now: Should You Buy?
- Apr -20 - 10 High-Yield Dividend Aristocrats Perfect For An Uncertain Market
- Apr -12 - 3 Utility Stocks Short Sellers Are Pulling the Plug On: Is a Power Outage Looming?
- Apr -03 - MGE Seeks to Expand Popular Community Solar Program for Residential and Small Business Electric Customers
- Mar -21 - UTL vs. MGEE: Which Stock Is the Better Value Option?
- Mar -21 - UTL vs. MGEE: Which Stock Is the Better Value Option?
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Electric
Expected Growth : 4.5 %
What the company do ?
MGE Energy, Inc.'s Electric segment engages in the generation, purchase, and distribution of electricity in Wisconsin, serving residential, commercial, and industrial customers.
Why we expect these perspectives ?
MGE Energy, Inc.'s 4.5% growth in Electric segment is driven by increasing demand for renewable energy, grid modernization initiatives, and strategic investments in infrastructure. Additionally, favorable weather patterns, customer growth, and rate base expansion contribute to the segment's growth.
Segment n°2 -> Gas
Expected Growth : 4.8 %
What the company do ?
MGE Energy, Inc.'s Gas segment provides natural gas service to residential, commercial, and industrial customers in Wisconsin.
Why we expect these perspectives ?
MGE Energy's 4.8% gas segment growth is driven by increasing demand from commercial and industrial customers, favorable weather conditions, and strategic infrastructure investments. Additionally, the company's focus on energy efficiency programs and rate base growth contribute to the segment's expansion.
Segment n°3 -> Non-regulated Energy
Expected Growth : 5.2 %
What the company do ?
Non-regulated Energy from MGE Energy, Inc. refers to the unregulated energy business segment that focuses on commercial and industrial customers.
Why we expect these perspectives ?
MGE Energy's non-regulated energy segment growth of 5.2% is driven by increasing demand for renewable energy, expansion of Badger Hollow Solar Farm, and strategic investments in energy efficiency projects. Additionally, growing commercial and industrial customer base, and favorable market conditions contribute to the segment's growth.
Mge Energy, Inc. Products
| Product Range | What is it ? |
|---|---|
| Electricity | MGE Energy, Inc. generates and distributes electricity to residential, commercial, and industrial customers in Wisconsin. |
| Natural Gas | MGE Energy, Inc. provides natural gas services to customers in Wisconsin, offering a safe and reliable supply of natural gas for heating, cooking, and other uses. |
| Renewable Energy | MGE Energy, Inc. invests in renewable energy sources, such as wind and solar power, to reduce carbon emissions and promote sustainability. |
| Energy Efficiency | MGE Energy, Inc. offers energy efficiency programs and services to help customers reduce energy consumption and lower their energy bills. |
| Energy Storage | MGE Energy, Inc. provides energy storage solutions to customers, enabling them to store excess energy generated from renewable sources. |
MGE Energy, Inc.'s Porter Forces
Threat Of Substitutes
MGE Energy, Inc. operates in a regulated industry, which limits the threat of substitutes. However, the increasing adoption of renewable energy sources and energy storage technologies could pose a moderate threat to the company's traditional business model.
Bargaining Power Of Customers
MGE Energy, Inc. serves a diverse customer base, including residential, commercial, and industrial customers. While large industrial customers may have some bargaining power, the company's diversified customer base limits the overall bargaining power of customers.
Bargaining Power Of Suppliers
MGE Energy, Inc. relies on a few large suppliers for fuel and other essential inputs. While the company has some bargaining power due to its size, suppliers may still exert some pressure on prices and terms.
Threat Of New Entrants
The utility industry is heavily regulated, and new entrants would face significant barriers to entry, including high capital costs and regulatory hurdles. This limits the threat of new entrants to MGE Energy, Inc.'s business.
Intensity Of Rivalry
MGE Energy, Inc. operates in a competitive industry, with several other utilities operating in the region. While the company has a strong market position, it still faces competition from other utilities and alternative energy providers.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 40.62% |
| Debt Cost | 4.82% |
| Equity Weight | 59.38% |
| Equity Cost | 7.51% |
| WACC | 6.42% |
| Leverage | 68.42% |
MGE Energy, Inc. : Quality Control
MGE Energy, Inc. passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| NWE | NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and various industrial customers. The company operates through Electric and Natural Gas segments. It generates, … |
| AVA | Avista Corporation, together with its subsidiaries, operates as an electric and natural gas utility company. It operates in two segments, Avista Utilities and AEL&P. The Avista Utilities segment provides electric … |
| AES | The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, … |
| BKH | Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates in two segments, Electric Utilities and Gas Utilities. The … |
| OTTR | Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States. The company's Electric segment produces, transmits, distributes, and sells electric … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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NorthWestern
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Avista
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Black Hills
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Otter Tail
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MGE Energy
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1-Year Total Return ->
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