The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

MGEE

Concerning the House

MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company in the United States. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other segments. The company generates, purchases, and distributes electricity; purchases and distributes natural gas; owns and leases electric generating capacity; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission power services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources and provides solar and wind generation, and battery storage services. As of December 31, 2025, the company owned and operated 811 miles of overhead electric distribution lines; 1,386 miles of underground electric distribution cables; 47 substations with an installed capacity of 1.2 million kVA; and gas facilities, including 3,117 miles of distribution mains, as well as supplied electric service to approximately 170,000 customers. MGE Energy, Inc. was incorporated in 2001 and is headquartered in Madison, Wisconsin.

United States · www.mgeenergy.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Operating income$146.38M+2.8%
Net income$117.70M+4.9%
Cash from ops$237.56M+8.6%
Quotation

$81.00

-0.32 (-0.4%)

52w hi$85.71
52w lo$71.99
Vol105.74K
As ofAug 13
The Verdict

Hold

Our score -0.07

Short+0.13
Medium-0.22
Long-0.16

computed 2026-08-13

By the Numbers

MGE Energy, Inc.

Utilities · Utilities - Regulated Electric

Market cap$3.06B
Enterprise value$3.99B
Trailing P/E19.90x
Forward P/E19.10x
EV / EBITDA13.84x
P / S (ttm)4.07x
Profit margin19.9%
Return on equity11.0%
Revenue growth+1.1%
Earnings growth+23.6%
Debt / equity64.86
Risk Metrics
Beta vs SPX0.25
Corr SPX0.19
Annual vol21.6%
Annual ret+0.2%
Sharpe0.01
Max DD-33.0%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.25
Sector-0.01
Technical+0.10
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$81.59$81.96$80.81$81.00105.74K
Aug 12$81.04$82.02$80.01$81.32125.60K
Aug 11$80.47$81.24$80.05$81.04135.40K
Aug 10$81.02$81.23$80.00$80.47211.30K
Aug 7$80.82$81.71$80.00$81.54199.50K