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 September 17, 2026, MGEE stock price declined to $75.00 with 203,905 million shares trading.

MGEE has a beta of -0.09, 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 $2.83 billion. This is considered a Mid Cap stock.

Last quarter Mge Energy reported $161 million in Revenue and $.89 earnings per share. This beat revenue expectation by $128 million and exceeded earnings estimates by $.13.

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 -7.5% while the SPY ETF gained +16.7%. MGEE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -1.8% and -2.6%, respectively, while the SPY returned +1.9% and -0.3%, respectively.

MGEE support price is $74.32 and resistance is $76.30 (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.