MGE Energy (MGEE) Set to Announce Earnings on Thursday

MGE Energy (NASDAQ:MGEE) is scheduled to release its earnings data on Thursday, February 22nd.

MGE Energy (NASDAQ MGEE) opened at $55.50 on Tuesday. MGE Energy has a 52-week low of $54.55 and a 52-week high of $68.70. The company has a current ratio of 3.02, a quick ratio of 2.47 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $1,920.00, a P/E ratio of 25.34 and a beta of 0.24.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 1st will be given a dividend of $0.322 per share. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $1.29 annualized dividend and a yield of 2.32%. MGE Energy’s dividend payout ratio (DPR) is presently 58.90%.

Several brokerages recently commented on MGEE. BidaskClub cut MGE Energy from a “hold” rating to a “sell” rating in a research report on Thursday, December 7th. Gabelli reissued a “hold” rating on shares of MGE Energy in a research report on Monday, November 13th.

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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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