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 March 26, 2026, MGEE stock price declined to $75.94 with 166,934 million shares trading.

MGEE has a beta of 0.26, meaning it tends to be less sensitive to market movements. MGEE has a correlation of 0.07 to the broad based SPY ETF.

MGEE has a market cap of $2.78 billion. This is considered a Mid Cap stock.

Last quarter Mge Energy reported $190 million in Revenue and $.64 earnings per share. This beat revenue expectation by $118 million and met earnings estimates .

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, VB, IWM, VBR.

MGEE has underperformed the market in the last year with a return of -14.0%, while SPY returned +13.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in MGEE shares. However, MGEE has outperformed the market in the last 3 month and 2 week periods, returning -2.9% and +2.4%, while SPY returned -6.3% and -4.4%, respectively. This indicates MGEE has been having a stronger performance recently.

MGEE support price is $74.83 and resistance is $77.59 (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.