# MGE Energy Inc (MGEE) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Utilities / Multi-Utilities. Price $77.37, market value $2.9 billion.

## Valuation
- **P/E (trailing): 19.0×** (5-yr avg 23.2×, 3-yr avg 23.1×). MGE Energy Inc trades at 19.0× trailing earnings, close to its own five-year average of 23.2×. The Utilities median in the September 2026 study was 21.2×. Forward P/E is 18.2×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 1.56**. A PEG of 1.56 is in the range usually read as fairly priced for its growth.
- **Price / book: 2.0×**. The shares trade at 2.0× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -5.6%** (5-yr avg -0.5%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 5.3%**. The inverse of the P/E: 5.3% of the price is earned each year.

## Profitability
- **Return on equity: 10.4%**. 10.4% on shareholders' equity is solid.

## Growth
- **EPS growth (1 yr): 11.7%** (3-yr 6.6%/yr, 5-yr 7.4%/yr). Earnings per share rose 11.7%.

## Financial health
- **Debt to equity: 0.62**. Debt is 0.62 times equity, moderate leverage.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.63%** ($1.90 per share, trailing). MGE Energy Inc yields 2.63%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 50%**. 50% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 26**. 26 straight years of increases (the data covers 26 years, so this may be longer): a record very few companies hold.
- **Dividend growth (5 yr): 5.1%/yr** (1-yr 5.4%). The dividend has grown 5.1% a year over five years.

## Analyst view
- **Analyst consensus: hold** (4 analysts). 4 analysts cover MGE Energy Inc; the consensus is hold, with an average price target of $77.75 (+0% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -7.6%** (YTD -0.1%, 3-mo 2.3%). The shares are down 7.6% over twelve months including dividends.
- **From 52-week high: -12.0%** (7.2% above the low). Trading 12% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 37**. An RSI of 37 is neutral.
- **Beta (1 yr): -0.00** (volatility 20%). Beta of -0.00 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MGEE · Page: https://foliofundamentals.com/stocks/mgee

Not investment advice.