MGE Energy (MGEE) Expected to Announce Quarterly Earnings on Wednesday

MGE Energy (NASDAQ:MGEE) is anticipated to issue its Q1 2026 results before the market opens on Wednesday, May 6th. Analysts expect the company to announce earnings of $1.13 per share and revenue of $227.06 million for the quarter. Investors can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Wednesday, May 13, 2026 at 12:30 PM ET.

MGE Energy (NASDAQ:MGEE) last issued its earnings results on Tuesday, February 24th. The utilities provider reported $0.64 EPS for the quarter, meeting analysts’ consensus estimates of $0.64. MGE Energy had a return on equity of 10.60% and a net margin of 18.27%.The company had revenue of $189.55 million during the quarter. On average, analysts expect MGE Energy to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

MGE Energy Stock Performance

Shares of MGEE stock opened at $80.60 on Monday. The company has a quick ratio of 0.55, a current ratio of 0.77 and a debt-to-equity ratio of 0.61. The business has a 50 day moving average of $78.47 and a two-hundred day moving average of $80.10. MGE Energy has a 52 week low of $72.17 and a 52 week high of $94.00. The company has a market cap of $2.96 billion, a P/E ratio of 21.67 and a beta of 0.76.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on MGEE shares. Wall Street Zen upgraded MGE Energy from a “sell” rating to a “hold” rating in a research note on Sunday, March 8th. Morgan Stanley restated an “underweight” rating on shares of MGE Energy in a research note on Monday, April 27th. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $80.50.

Insider Buying and Selling

In other news, Director James G. Berbee bought 373 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The shares were purchased at an average price of $77.74 per share, with a total value of $28,997.02. Following the completion of the acquisition, the director directly owned 9,362 shares in the company, valued at approximately $727,801.88. This trade represents a 4.15% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.41% of the stock is currently owned by insiders.

Institutional Investors Weigh In On MGE Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MGEE. CIBC Bancorp USA Inc. bought a new position in shares of MGE Energy in the third quarter valued at $331,000. Schonfeld Strategic Advisors LLC bought a new stake in shares of MGE Energy during the 3rd quarter worth $327,000. Counterpoint Mutual Funds LLC bought a new stake in shares of MGE Energy during the 4th quarter worth $288,000. Guggenheim Capital LLC acquired a new position in shares of MGE Energy in the 4th quarter worth $268,000. Finally, Beacon Pointe Advisors LLC grew its holdings in shares of MGE Energy by 6.6% in the 4th quarter. Beacon Pointe Advisors LLC now owns 2,826 shares of the utilities provider’s stock worth $222,000 after acquiring an additional 174 shares during the last quarter. Institutional investors own 52.58% of the company’s stock.

MGE Energy Company Profile

MGE Energy, Inc is a public utility holding company headquartered in Madison, Wisconsin. Through its principal subsidiary, Madison Gas and Electric Company (MGE), the company provides regulated electric and natural gas distribution services to residential, commercial and industrial customers in south-central Wisconsin. MGE Energy’s operations encompass the generation, transmission and distribution of electricity as well as the purchase and distribution of natural gas, with an emphasis on reliable service and system resilience.

Since reorganizing as a holding company in 2001, MGE Energy has expanded its portfolio to include nonregulated subsidiaries involved in renewable energy development, energy services and infrastructure support.