# MGE Energy, Inc. (MGEE)

> Source: Nexqual · https://nexqual.com/MGEE · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, MGE Energy, Inc. (MGEE), nexqual.com/MGEE" · informational, not investment advice.

**Price:** USD 74.24 (+3.10% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 72.01 · day 72.37–74.53 · 52w 68.01–87.45 · market cap $2.80B · NMS

## Key facts
- 1 of 80 tracked superinvestors hold MGEE (13F, Q2 2026): 1 new, 0 added, 0 reduced, 0 unchanged.
- Analysts: Hold (mean 2.67 on a 1–5 scale) (6 analysts), mean target USD 76.83 (range 72–81).
- Total return with dividends: 1Y -12.0% vs S&P 500 +14.9%; 5Y +9.2% vs S&P 500 +80.3%.
- Next earnings: 2026-11-04, EPS estimate USD 1.14, revenue estimate $185M.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold MGEE. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Mairs & Power | Mairs & Power Funds | 0.01% | $1.3M | New position |

## Analysts
Consensus Hold (mean 2.67 on a 1–5 scale), 6 analysts; mean target USD 76.83 (low 72, high 81).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-21 | Morgan Stanley | Target raised | Underweight | $71 → $72 |
| 2026-10-15 | JP Morgan | Initiated | Neutral | $76 |
| 2026-09-24 | B of A Securities | Initiated | Neutral | $76 |
| 2026-09-18 | Morgan Stanley | Target lowered | Underweight | $74 → $71 |
| 2026-08-21 | Morgan Stanley | Target lowered | Underweight | $76 → $74 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -12.0% | +9.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -12.1% | +1.8% |
| Volatility (annualized) | 20.8% | 24.7% |
| Max drawdown | -19.2% (Oct 2025→Sep 2026) | -30.2% (Nov 2024→Sep 2026) |

## Peers (Utilities - Regulated Electric)
IDA (IDACORP, Inc.) USD 142.06 +2.50% · CIG-C (Comp En De Mn Cemig) USD 3.4 -2.86% · OGE (OGE Energy Corp) USD 48.92 +2.02% · ELPC (Companhia Paranaense de Energia) USD 13.83 +0.22% · PNW (Pinnacle West Capital Corporati) USD 106.61 +2.62% · KEP (Korea Electric Power Corporatio) USD 10.72 -0.09%

## More
Full page: https://nexqual.com/MGEE · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $1.14 | $1.25 | -8.7% | $184.6M | 3 |
| Next quarter (ends 2026-12-31) | $0.67 | $0.65 | +3.4% | $186.1M | 3 |
| Current fiscal year (ends 2026-12-31) | $3.99 | $3.93 | +1.5% | $779.7M | 5 |
| Next fiscal year (ends 2027-12-31) | $4.20 | $4.14 | +1.3% | $820.4M | 5 |