Benzinga · Sep 18, 2026
Morgan Stanley Maintains Underweight on MGE Energy, Lowers Price Target to $71
Morgan Stanley analyst Stephen Byrd maintains MGE Energy (NASDAQ:MGEE) with a Underweight and lowers the price target from $74 to $71.
MG
NASDAQ · MGEE
MGE Energy, Inc.
Utilities · Diversified Utilities
$72.86
Up+$0.27 (+0.37%)
Updated Sep 22, 2026, 6:49 PM
SID Score
4.7/10
Composite research score
Smart Money
58/100
Neutral
- Market cap
- 2.9B
- P/E ratio
- 22.11
- Dividend yield
- 2.55%
- 52-week range
- $72.16 – $87.94
- Volume
- 199.5K
- Avg. volume
- 129.62K
Price performance
MGEE price history
1M range · 20 trading sessions · Daily adjusted prices
MGEE closed at $72.86 after 20 trading sessions, down 8.14% for the selected period.
- Last close
- $72.86
- Period change
- -8.14%
- Period low
- $72.86
- Period high
- $79.39
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 21, 2026 | $73.98 | $74.105 | $72.66 | $72.86 | 199.5K |
| Sep 18, 2026 | $75.22 | $75.22 | $73.81 | $74.08 | 435.04K |
| Sep 17, 2026 | $75.59 | $75.865 | $74.87 | $75.00 | 220.98K |
| Sep 16, 2026 | $75.60 | $76.245 | $74.88 | $75.31 | 148.56K |
| Sep 15, 2026 | $76.35 | $76.35 | $74.79 | $75.36 | 189.55K |
| Sep 14, 2026 | $76.58 | $77.13 | $75.945 | $76.12 | 149.75K |
| Sep 11, 2026 | $77.00 | $78.21 | $76.02 | $76.48 | 123.99K |
| Sep 10, 2026 | $76.91 | $77.03 | $76.0714 | $76.44 | 103.67K |
| Sep 9, 2026 | $77.71 | $77.74 | $76.195 | $76.79 | 132.99K |
| Sep 8, 2026 | $77.07 | $78.43 | $77.07 | $77.82 | 129.77K |
| Sep 4, 2026 | $77.13 | $77.97 | $77.07 | $77.37 | 105.56K |
| Sep 3, 2026 | $77.20 | $77.98 | $76.61 | $77.60 | 153.46K |
| Sep 2, 2026 | $77.47 | $77.54 | $76.60 | $77.01 | 153.71K |
| Sep 1, 2026 | $77.23 | $77.75 | $76.5701 | $77.45 | 125K |
| Aug 31, 2026 | $77.65 | $78.12 | $76.47 | $77.69 | 168.5K |
| 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 |
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 |
|---|---|---|---|
| Sep 18, 2026 | Morgan Stanley | Underweight | — |
| Aug 21, 2026 | Morgan Stanley | Underweight | — |
| Jun 8, 2026 | Ladenburg Thalmann | Buy | — |
| Apr 21, 2026 | Morgan Stanley | Underweight | — |
| Feb 2, 2026 | Morgan Stanley | Underweight | — |
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Yahoo · Sep 17, 2026
Fed Hikes Interest Rates, Signals Another: 4 Low-Beta Defensive Picks
Fed hikes rates and signals another, putting MGEE, ADM, DOLE and DGX in focus as low-beta defensive picks.
Yahoo · Sep 16, 2026
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MGE (MGEE) have what it takes? Let's find out.
Yahoo · Sep 8, 2026
3 Stocks to Grab that Declared Dividend Hikes Amid Market Volatility
FMNB, MGEE and NSSC are highlighted as dividend stocks amid market volatility, inflation and rate-hike fears.
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