Mge Energy Inc (MGEE) Stock Forecast Oct. 15, 2026
Analysis updated on Oct. 15, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Mge Energy Inc (MGEE) stock forecast summary
Our AI ranks Mge Energy Inc outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Mge Energy Inc is a mid-cap company with a market capitalization of $2.61B.
For MGEE, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 14.0%, measured on 358 forecast dates between 2022-07-28 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 24.0%, measured on 400 forecast dates between 2022-07-28 and 2026-09-15. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.4%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.4% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-15 signals)
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How MGEE ranks among 5111 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Mge Energy Inc (MGEE) fundamentals
Trailing twelve months.
Valuation & Market
| Metric | MGEE | Rank |
|---|---|---|
| Market Cap | $2.61B | – |
| P/E Ratio | 18.29x | – |
| P/B Ratio | 1.93x | – |
| Dividend Yield | 2.63% | – |
| EPS | $3.90 | – |
| Book Value/Share | $36.87 | – |
| FCF/Share | $-3.57 | – |
Profitability & Margins
| Metric | MGEE | Rank |
|---|---|---|
| ROE | 10.6% | – |
| ROA | 4.5% | – |
| ROIC | 5.7% | – |
| Tax Rate | 11.9% | – |
Financial Health
| Metric | MGEE | Rank |
|---|---|---|
| Current Ratio | 1.15x | – |
| D/E Ratio | 0.71x | – |
| Financial Leverage | 2.36x | – |
| Working Capital | $28M | – |
Cash Flow
| Metric | MGEE | Rank |
|---|---|---|
| Operating Cash Flow | $266M | – |
| Free Cash Flow | -$131M | – |
| Capital Spending | -$397M | – |
| OCF Growth YoY | -8.2% | – |
| FCF Growth YoY | -361.2% | – |
Income Statement
| Metric | MGEE | Rank |
|---|---|---|
| Operating Income | $171M | – |
| Net Income | $143M | – |
Dividend & Shareholder Information
| Metric | MGEE | Rank |
|---|---|---|
| Dividends Per Share | $1.87 | – |
| Payout Ratio | 48.0% | – |
| Shares Outstanding | 37M | – |
| Net Income Growth | 11.2% | – |
| EPS Growth | 10.2% | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $211M | 9.1% of assets |
| Cash & Short-term Investments | $9M | 0.4% of assets |
| Accounts Receivable | $59M | 2.6% of assets |
| Total Liabilities | $956M | 41.4% of assets |
| Short-term Debt | $126M | 5.5% of assets |
MGEE quarterly financials and insider trading
Mge Energy Inc (MGEE) industry peers
Companies classified under the same SEC industry code as Mge Energy Inc (Electric, Gas & Sanitary Services): 1 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
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Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| MGEE Mge Energy Inc | ▼ | $2.61B |
Where MGEE sits on the market map
Mge Energy Inc (MGEE) stock news
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Mge Energy Inc (MGEE) stock forecast FAQ
What is the Mge Energy Inc (MGEE) stock forecast?
Our AI ranks Mge Energy Inc outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Mge Energy Inc stock predictions?
For MGEE, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 14.0%, measured on 358 forecast dates between 2022-07-28 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 24.0%, measured on 400 forecast dates between 2022-07-28 and 2026-09-15. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Mge Energy Inc forecasts updated?
Mge Energy Inc forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 15, 2026.
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.