Benzinga · Aug 21, 2026
Morgan Stanley Maintains Underweight on MGE Energy, Lowers Price Target to $74
Morgan Stanley analyst Stephen Byrd maintains MGE Energy (NASDAQ:MGEE) with a Underweight and lowers the price target from $76 to $74.
MG
NASDAQ · MGEE
MGE Energy, Inc.
Utilities · Diversified Utilities
$78.15
Down-$0.21 (-0.27%)
Updated Aug 30, 2026, 10:01 PM
SID Score
4.9/10
Composite research score
Smart Money
58/100
Neutral
- Market cap
- 2.9B
- P/E ratio
- 22.11
- Dividend yield
- 2.38%
- 52-week range
- $72.16 – $87.94
- Volume
- 93.56K
- Avg. volume
- 129.62K
Price performance
MGEE price history
1M range · 20 trading sessions · Daily adjusted prices
MGEE closed at $78.15 after 20 trading sessions, down 2.31% for the selected period.
- Last close
- $78.15
- Period change
- -2.31%
- Period low
- $78.15
- Period high
- $81.73
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Aug 28, 2026 | $78.86 | $79.19 | $78.01 | $78.15 | 93.56K |
| Aug 27, 2026 | $79.53 | $79.53 | $78.28 | $78.36 | 109.16K |
| Aug 26, 2026 | $79.01 | $79.72 | $78.905 | $79.39 | 165.64K |
| Aug 25, 2026 | $79.49 | $79.93 | $78.64 | $79.01 | 135.73K |
| Aug 24, 2026 | $78.77 | $79.57 | $78.54 | $79.32 | 237.75K |
| Aug 21, 2026 | $80.93 | $80.93 | $78.65 | $78.66 | 119.34K |
| Aug 20, 2026 | $80.85 | $81.58 | $80.445 | $80.48 | 89.81K |
| Aug 19, 2026 | $81.81 | $82.45 | $81.10 | $81.24 | 127.08K |
| Aug 18, 2026 | $81.61 | $82.26 | $81.18 | $81.25 | 145.02K |
| Aug 17, 2026 | $81.37 | $81.62 | $80.74 | $81.03 | 147.28K |
| Aug 14, 2026 | $81.00 | $82.23 | $80.85 | $81.73 | 122.07K |
| Aug 13, 2026 | $81.59 | $81.955 | $80.81 | $81.00 | 106.12K |
| Aug 12, 2026 | $81.04 | $82.02 | $80.0102 | $81.32 | 125.59K |
| Aug 11, 2026 | $80.47 | $81.24 | $80.05 | $81.04 | 135.35K |
| Aug 10, 2026 | $81.02 | $81.2299 | $80.00 | $80.47 | 211.3K |
| Aug 7, 2026 | $80.82 | $81.71 | $80.00 | $81.54 | 199.5K |
| Aug 6, 2026 | $81.03 | $81.47 | $79.71 | $80.85 | 189.42K |
| Aug 5, 2026 | $80.29 | $80.56 | $78.08 | $80.21 | 267.12K |
| Aug 4, 2026 | $79.76 | $80.375 | $78.67 | $79.905 | 230.35K |
| Aug 3, 2026 | $79.60 | $81.365 | $79.365 | $80.00 | 153.16K |
Latest MGEE news
The latest Smart Investors Daily articles mentioning MGEE.
Stock researchCompany · Overview
MGEE research
Overview
Company profile and research snapshot.
Company profile
MGE Energy provides electric service to 161,000 customers and natural gas service to 173,000 customers in Madison, Wisconsin, and surrounding areas. Nearly 90% of customers are residential. The company also owns a 3.6% stake in American Transmission Co. MGE owns interests in two coal power plants that earn guaranteed fixed rates of return, contributing about 20% of earnings.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- $71.00
- Implied upside
- —
- Analysts
- —
| Date | Firm | Rating | Target |
|---|---|---|---|
| Aug 21, 2026 | Morgan Stanley | Underweight | — |
| Jun 8, 2026 | Ladenburg Thalmann | Buy | — |
| Apr 21, 2026 | Morgan Stanley | Underweight | — |
| Feb 2, 2026 | Morgan Stanley | Underweight | — |
| Sep 25, 2025 | Morgan Stanley | Underweight | — |
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Benzinga · Aug 21, 2026
MGE Energy Raises Quarterly Dividend From $0.4750 To $0.5083 Per Share
The Board of Directors of MGE Energy, Inc. (NASDAQ:MGEE), today approved a 7.0% increase in the company’s regular quarterly dividend to $0.5083 per share on its outstanding common stock. The dividend is payable
Yahoo · Aug 5, 2026
Sector Update: Energy Stocks Decline Wednesday Afternoon
Energy stocks were lower Wednesday afternoon, with the NYSE Energy Sector Index falling 1.7% and the
Yahoo · Aug 5, 2026
MGE Energy Reports Second-Quarter 2026 Earnings
MADISON, Wis., August 05, 2026--MGE Energy Reports Second-Quarter 2026 Earnings
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