MGE Energy (MGEE) to Release Quarterly Earnings on Wednesday

MGE Energy (NASDAQ:MGEE) is expected to issue its Q2 2026 results before the market opens on Wednesday, August 5th. Analysts expect the company to announce earnings of $0.77 per share and revenue of $166.37 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, August 12, 2026 at 12:30 PM ET.

MGE Energy (NASDAQ:MGEE) last posted its earnings results on Tuesday, May 5th. The utilities provider reported $1.32 EPS for the quarter, topping the consensus estimate of $1.13 by $0.19. The firm had revenue of $242.70 million during the quarter, compared to analysts’ expectations of $227.06 million. MGE Energy had a net margin of 18.61% and a return on equity of 10.94%. On average, analysts expect MGE Energy to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

MGE Energy Stock Performance

MGEE opened at $79.53 on Monday. The company has a current ratio of 1.15, a quick ratio of 0.83 and a debt-to-equity ratio of 0.65. The business’s 50 day moving average is $78.98 and its 200-day moving average is $78.69. The stock has a market cap of $2.92 billion, a PE ratio of 20.39 and a beta of 0.71. MGE Energy has a twelve month low of $72.16 and a twelve month high of $88.01.

MGE Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were issued a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Monday, June 1st. MGE Energy’s dividend payout ratio is 48.72%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on MGEE shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of MGE Energy in a research note on Friday, May 8th. Morgan Stanley reissued an “underweight” rating and issued a $76.00 price target on shares of MGE Energy in a research note on Wednesday, July 22nd. Finally, LADENBURG THALM/SH SH raised MGE Energy from a “neutral” rating to a “buy” rating and set a $81.00 price target on the stock in a report on Monday, June 8th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $78.50.

Hedge Funds Weigh In On MGE Energy

Several large investors have recently made changes to their positions in MGEE. Advisory Services Network LLC acquired a new position in shares of MGE Energy in the 3rd quarter worth approximately $40,000. Parallel Advisors LLC lifted its stake in MGE Energy by 28.6% during the third quarter. Parallel Advisors LLC now owns 714 shares of the utilities provider’s stock valued at $60,000 after purchasing an additional 159 shares during the last quarter. UMB Bank n.a. lifted its stake in MGE Energy by 807.2% during the fourth quarter. UMB Bank n.a. now owns 1,261 shares of the utilities provider’s stock valued at $99,000 after purchasing an additional 1,122 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in MGE Energy during the fourth quarter worth approximately $100,000. Finally, Smartleaf Asset Management LLC boosted its holdings in MGE Energy by 19.1% during the second quarter. Smartleaf Asset Management LLC now owns 1,326 shares of the utilities provider’s stock worth $117,000 after buying an additional 213 shares in the last quarter. Institutional investors own 52.58% of the company’s stock.

About MGE Energy

MGE Energy, Inc is a public utility holding company headquartered in Madison, Wisconsin. Through its principal subsidiary, Madison Gas and Electric Company (MGE), the company provides regulated electric and natural gas distribution services to residential, commercial and industrial customers in south-central Wisconsin. MGE Energy’s operations encompass the generation, transmission and distribution of electricity as well as the purchase and distribution of natural gas, with an emphasis on reliable service and system resilience.

Since reorganizing as a holding company in 2001, MGE Energy has expanded its portfolio to include nonregulated subsidiaries involved in renewable energy development, energy services and infrastructure support.