(MGEE) MGE Energy - Ratings and Ratios

MGE Energy, Inc. (NASDAQ:MGEE) is a public utility holding company operating primarily in the United States. The company is organized into five main business segments: Regulated Electric Utility Operations, Regulated Gas Utility Operations, Nonregulated Energy Operations, Transmission Investments, and All Other. Through these segments, MGE Energy generates, purchases, and distributes electricity, as well as purchases and distributes natural gas. The company also owns and leases electric generating capacity and provides transmission power services through its network of transmission facilities. Additionally, MGE Energy produces electricity from a diverse mix of sources, including coal-fired, gas-fired, and renewable energy sources, and offers solar and wind generation and battery storage services.

As of December 31, 2024, MGE Energy owned and operated an extensive infrastructure network, including 825 miles of overhead electric distribution lines, 1,359 miles of underground electric distribution cables, and 48 substations with a total installed capacity of 1.2 million kVA. The company also maintained gas facilities, including 3,092 miles of distribution mains, and served approximately 167,000 electric customers. MGE Energy was incorporated in 2001 and is headquartered in Madison, Wisconsin. The company is categorized under the Electric Utilities sub-industry within the GICS classification system. Web URL: https://www.mgeenergy.com

Ticker Symbol: MGEE
Exchange: NASDAQ
Type: common stock
Country Origin: United States
GICS Sub Industry: Electric Utilities

Average Volume 20d: 106420
Last Price: 89.85
SMA 20: 90.41
SMA 50: 91.04
SMA 200: 90.80
ATR: 2.25

Market Cap: 3309.47M USD
P/E: 27.20
P/E Forward: None
P/B: 2.69
P/S: 5.01
RoE: 9.80

3-Month Forecast:
Based on the provided technical and fundamental data, MGE Energy (MGEE) is expected to experience a period of consolidation. The stock price, currently trading at $89.85, is slightly below its 20-day and 50-day moving averages but remains close to its 200-day moving average of $90.80. The Average True Range (ATR) of 2.25 indicates moderate volatility, suggesting potential price fluctuations within a narrow range. The relatively high P/E ratio of 27.20 and P/B ratio of 2.69 reflect investor confidence in the companys stable cash flows and dividend yield, typical of utility stocks. Over the next three months, MGEE is likely to trade in a range between $85 and $95, with the SMA 200 acting as support and the SMA 50 as resistance. Investors may remain cautious due to the premium valuation but could find appeal in the companys consistent operational performance and regulated utility business model.