MGEE
Premium GrowerMGE Energy, Inc. · Utilities · United States · $2.8B cap · $13.4M/day traded
$79.53 -0.2% · close 11 Nov · scored 11 Nov
Score down 1.1 since 10 Nov.
Premium Grower: Strong business with the market behind it, priced at a premium.
As of 11 Nov 2026, the MoatMap Score for MGE Energy, Inc. (MGEE) is 58/100, ranked against 25,000+ stocks in 38 markets (Quality 58, Value 33, Momentum 62, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT MGE ENERGY, INC.
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MGE Energy, Inc. is a utility holding company whose primary subsidiary, Madison Gas and Electric, provides electric and natural gas services to customers across south-central and western Wisconsin. As a regulated utility, it benefits from exclusive service territories and stable revenue, distinguished by its strong financial management, competitive rates, and a firm commitment to achieving net-zero carbon electricity by 2050 through strategic clean energy investments.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 714.5M | 690.4M | 676.9M | 743.7M | 1.3% | 766.8M | 779.7M | 820.4M | 5.0% |
| EPS | 3.07 | 3.25 | 3.33 | 3.72 | 6.6% | 4.34 | 3.99 | 4.20 | 6.3% |
| Shares | 36.2M | 36.2M | 36.5M | 36.5M | +1.0% | 37.8M | — | — | — |
| Debt | 727.2M | 780.0M | 769.0M | 908.4M | 7.7% | 933.7M | — | — | — |
| Equity | 1.1B | 1.1B | 1.2B | 1.3B | 6.4% | — | — | — | — |
| Op CF | 153.7M | 237.6M | 277.8M | 263.2M | 19.6% | 275.5M | — | — | — |
| Inv CF | -180.1M | -230.0M | -241.5M | -350.6M | — | — | — | — | — |
| Fin CF | 25.5M | -10.5M | -26.8M | 71.6M | — | — | — | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Calmer than 89% of stocks we rank over the past year (volatility 21% a year).
How this is worked out
The MoatMap Score weighs the business, its price and its trend. The price check reads only the chart: the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of MGEE are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| MGEE | MGE Energy, Inc.(you) | $2.8B | 58 |
| NWE | NorthWestern Energy Group, Inc. | $4.8B | 55 |
| HE | Hawaiian Electric Industries, Inc. | $1.5B | 55 |
| POR | Portland General Electric Company | $5.2B | 46 |
| TXNM | TXNM Energy, Inc. | $6.4B | 44 |
| IDA | IDACORP, Inc. | $8.1B | 47 |
| OGE | OGE Energy Corp. | $10.0B | 72 |
| EVRG | Evergy, Inc. | $19.5B | 55 |
| ES | Eversource Energy | $25.4B | 57 |
| PNW | Pinnacle West Capital Corporation | $12.8B | 43 |
Peer medians: ROE 9.1% · P/E 20.5x · Gross margin 45.7%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.