MGE Energy (MGEE) Expected to Announce Earnings on Wednesday

MGE Energy (NASDAQ:MGEE) is projected to issue its Q3 2026 results before the market opens on Wednesday, November 4th. Analysts expect MGE Energy to announce earnings of $1.18 per share and revenue of $184.59 million for the quarter. Parties may visit the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, November 5, 2026 at 12:30 PM ET.

MGE Energy (NASDAQ:MGEE) last issued its earnings results on Wednesday, August 5th. The utilities provider reported $0.89 EPS for the quarter, topping the consensus estimate of $0.77 by $0.12. The firm had revenue of $161.19 million during the quarter, compared to the consensus estimate of $166.37 million. On average, analysts expect MGE Energy to post $4.02 EPS for the current fiscal year and $4.20 EPS for the next fiscal year.

MGE Energy Price Performance

Shares of MGE Energy stock opened at $74.17 on Wednesday. The company’s fifty day moving average price is $74.19 and its two-hundred day moving average price is $77.65. MGE Energy has a 52-week low of $68.01 and a 52-week high of $86.81.

MGE Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be issued a $0.5083 dividend. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $2.03 dividend on an annualized basis and a dividend yield of 2.7%.

Analysts Set New Price Targets

Several research analysts have issued reports on MGEE shares. Morgan Stanley increased their price objective on MGE Energy from $71.00 to $72.00 and gave the stock an “underweight” rating in a research note on Wednesday, October 21st. Bank of America started coverage on MGE Energy in a research note on Thursday, September 24th. They issued a “neutral” rating and a $76.00 target price for the company. JPMorgan Chase & Co. assumed coverage on shares of MGE Energy in a report on Thursday, October 15th. They issued a “neutral” rating and a $76.00 price objective on the stock. Wall Street Zen raised MGE Energy from a “sell” rating to a “hold” rating in a research note on Saturday, October 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of MGE Energy in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $76.25.

MGE Energy Company Profile

MGE Energy, Inc is a public utility holding company headquartered in Madison, Wisconsin. Its principal subsidiary, Madison Gas and Electric Company (MG&E), provides electric and natural gas service to customers in Madison and surrounding communities in south-central Wisconsin.

MG&E generates, purchases, transmits and distributes electricity, while also distributing natural gas. The company serves residential, commercial and industrial customers and offers related energy services, including programs focused on energy efficiency, electrification and renewable energy.

Madison Gas and Electric traces its history to 1855, and MGE Energy was established as the parent company of the utility in 1999.