MGE Energy (MGEE) Scheduled to Post Quarterly Earnings on Thursday

MGE Energy (NASDAQ:MGEE) will be issuing its quarterly earnings data on Thursday, February 22nd.

Shares of MGE Energy (NASDAQ MGEE) opened at $54.60 on Thursday. The company has a market capitalization of $1,910.00, a price-to-earnings ratio of 24.93 and a beta of 0.24. MGE Energy has a 12 month low of $54.55 and a 12 month high of $68.70. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.47 and a current ratio of 3.02.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 1st will be paid a dividend of $0.322 per share. This represents a $1.29 annualized dividend and a yield of 2.36%. The ex-dividend date is Wednesday, February 28th. MGE Energy’s payout ratio is presently 58.90%.

Several analysts have issued reports on MGEE shares. Gabelli reissued a “hold” rating on shares of MGE Energy in a research note on Monday, November 13th. BidaskClub downgraded MGE Energy from a “hold” rating to a “sell” rating in a research note on Thursday, December 7th.

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MGE Energy Company Profile

MGE Energy, Inc (MGE) is a public utility holding company. The Company operates through five segments: Regulated electric utility operations; Regulated gas utility operations; Nonregulated energy operations; Transmission investments, and All other. The Regulated electric utility operations segment is engaged in generating, purchasing and distributing electricity through Madison Gas and Electric Company (MGE).

Earnings History for MGE Energy (NASDAQ:MGEE)

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