MGEE Stock Summary and Trading Ideas (Mge Energy | NASDAQ:MGEE)

MGE Energy provides electric service to 170,000 customers and natural gas service to 180,000 customers in Madison, Wisconsin, and surrounding areas. Nearly 90% of customers are residential. The company also owns a 3.6% stake in American Transmission Co. MGE owns interests in two coal power plants that earn guaranteed fixed rates of return, contributing about 20% of earnings.

Mge Energy trades on the NASDAQ stock market under the symbol MGEE.

As of July 17, 2026, MGEE stock price declined to $81.14 with 76,013 million shares trading.

MGEE has a beta of -0.12, meaning it tends to be less sensitive to market movements. MGEE has a correlation of 0.00 to the broad based SPY ETF.

MGEE has a market cap of $3.06 billion. This is considered a Mid Cap stock.

Last quarter Mge Energy reported $243 million in Revenue and $1.32 earnings per share. This beat revenue expectation by $197 million and exceeded earnings estimates by $.19.

In the last 3 years, MGEE traded as high as $109.22 and as low as $61.94.

The top ETF exchange traded funds that MGEE belongs to (by Net Assets): IJR, VTI, IWM, VB, VBR.

MGEE has underperformed the market in the last year with a price return of -3.2% while the SPY ETF gained +20.3%. MGEE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +5.6% and -3.7%, respectively, while the SPY returned +6.2% and -0.2%, respectively.

MGEE support price is $80.76 and resistance is $83.23 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MGEE shares will trade within this expected range on the day.