News stories about MGE Energy (NASDAQ:MGEE) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. MGE Energy earned a news impact score of 0.16 on Accern’s scale. Accern also gave news articles about the utilities provider an impact score of 46.510160960027 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of research firms recently commented on MGEE. BidaskClub cut MGE Energy from a “sell” rating to a “strong sell” rating in a research report on Thursday, December 21st. Gabelli reiterated a “hold” rating on shares of MGE Energy in a research report on Monday, November 13th. Finally, Zacks Investment Research upgraded MGE Energy from a “sell” rating to a “hold” rating in a research report on Thursday, September 7th.
Shares of MGE Energy (NASDAQ MGEE) traded up $1.80 during trading hours on Wednesday, reaching $63.70. The company’s stock had a trading volume of 220,947 shares, compared to its average volume of 89,208. The company has a current ratio of 3.02, a quick ratio of 2.47 and a debt-to-equity ratio of 0.52. MGE Energy has a 12-month low of $60.30 and a 12-month high of $68.70. The firm has a market cap of $2,163.31, a price-to-earnings ratio of 28.95 and a beta of 0.32.
The firm also recently declared a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, December 1st were paid a $0.3225 dividend. This represents a $1.29 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend was Thursday, November 30th. MGE Energy’s payout ratio is 58.64%.
COPYRIGHT VIOLATION WARNING: “Somewhat Positive Media Coverage Somewhat Unlikely to Impact MGE Energy (MGEE) Stock Price” was reported by Community Financial News and is the property of of Community Financial News. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of international trademark & copyright laws. The original version of this news story can be read at https://www.com-unik.info/2017/12/27/somewhat-positive-media-coverage-somewhat-unlikely-to-impact-mge-energy-mgee-stock-price.html.
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).
What are top analysts saying about MGE Energy? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for MGE Energy and related companies.