MGE Energy MGEE
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
MGE Energy (MGEE) Business Model and Operations Summary
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. MGE's generation mix is 40% coal, 21% renewable energy, 17% natural gas, and third-party purchased power.
Key Insights
MGE Energy (MGEE) Core Market Data and Business Metrics
Latest Closing Price
$92.92Market Cap
$3.39 BillionPrice-Earnings Ratio
27.90Total Outstanding Shares
36.21 Million SharesTotal Employees
717Dividend
$0.45 Per Share QuarterlyIPO Date
March 26, 1990SIC Description
Electric, Gas & Sanitary ServicesPrimary Exchange
NASDAQHeadquarters
133 South Blair Street, Madison, WI, 53701-1231
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities | $-26.83 Million |
| Net Cash Flow From Investing Activities | $-241.49 Million |
| Net Cash Flow From Operating Activities, Continuing | $277.78 Million |
| Net Cash Flow From Investing Activities, Continuing | $-241.49 Million |
| Net Cash Flow From Financing Activities, Continuing | $-26.83 Million |
| Net Cash Flow From Operating Activities | $277.78 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Diluted Average Shares | $36.24 Million |
| Diluted Earnings Per Share | $3.33 |
| Basic Earnings Per Share | $3.33 |
| Basic Average Shares | $36.21 Million |
| Net Income/Loss Attributable To Noncontrolling Interest | $0 |
| Income/Loss From Continuing Operations After Tax | $120.57 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss | $120.57 Million |
| Other Comprehensive Income/Loss | $0 |
| Comprehensive Income/Loss Attributable To Parent | $120.57 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Noncurrent Liabilities | $708.56 Million |
| Assets | $2.83 Billion |
| Liabilities | $1.60 Billion |
| Noncurrent Assets | $2.60 Billion |
| Current Liabilities | $125.56 Million |
| Accounts Payable | $77.47 Million |
Historical Dividends
Current dividend: $0.45 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 17, 2025 | Mar 15, 2025 | Mar 1, 2025 | $0.45 | Quarterly |
| Oct 18, 2024 | Dec 15, 2024 | Dec 1, 2024 | $0.45 | Quarterly |
| Aug 16, 2024 | Sep 15, 2024 | Sep 1, 2024 | $0.45 | Quarterly |
| May 21, 2024 | Jun 15, 2024 | Jun 1, 2024 | $0.4275 | Quarterly |
| Jan 19, 2024 | Mar 15, 2024 | Mar 1, 2024 | $0.4275 | Quarterly |
| Oct 20, 2023 | Dec 15, 2023 | Dec 1, 2023 | $0.4275 | Quarterly |