MGE Energy, Inc.
MGEEUtilitiesNASDAQUtilities - Regulated Electric · Last scanned Sep 9, 2026
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Daily timeframeHeadquartered within the utilities sector, MGE Energy, Inc. focuses on Utilities - Regulated Electric services and products. MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company in the United States. At a $2.94B market cap, MGE Energy, Inc. ranks as a mid-cap company within utilities. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other segments.
Market Cap
$2.94B
Beta
0.70
P/E (TTM)
19.12
P/E (Fwd)
18.35
EPS (TTM)
$4.07
EPS (Fwd)
$4.24
ROE
11.0%
ROA
3.7%
Cash
$16.6M
Total Debt
$934.4M
Free CF
-$206.6M
52W Change
-7.3%
Annual Financials
Cash vs Debt
Where MGEE stands vs its 150-day and 200-day moving averages
As of the September 3, 2026 close, MGEE finished 1.22% below its 150-day moving average ($77.96) and 1.29% below its 200-day moving average ($78.02). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is MGEE overbought or oversold?
At the September 3, 2026 close, MGEE's RSI(14) was 28.2, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
The company holds $16.6M in cash, though total debt stands at $934.4M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow is running at -$206.6M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at 11.0%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 3.7% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $606.6M to $743.7M.
The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing MGEE.