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MarketScreener Homepage  >  Equities  >  Nasdaq  >  MGE Energy, Inc.    MGEE

MGE ENERGY, INC.

(MGEE)
  Report
Delayed Quote. Delayed Nasdaq - 08/14 04:00:00 pm
66.89 USD   -0.12%
08/12MGE ENERGY : 45 Years of Dividend Increases
PU
08/10MGE ENERGY : Issues Second-Quarter Financial Update
BU
08/06MGE : 2Q Earnings Snapshot
AQ
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Watch: Morey Field Solar Construction

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07/10/2020 | 12:56pm EDT
Construction of Madison Gas and Electric's (MGE) 5-megawatt solar project, Morey Field Solar, at Middleton Municipal Airport is nearly complete. The solar module and tracking system installations were completed in June.

The project expands the utility's community solar program, Shared Solar, which is an optional program for residential and small business electric customers who are interested in powering their home or business with locally generated solar energy. Shared Solar is an easy and affordable option to go solar with minimal up-front cost.

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Renewable Energy Rider

The Morey Field Solar array also will serve the City of Middleton and the Middleton-Cross Plains Area School District through separate Renewable Energy Rider agreements. Under a Renewable Energy Rider agreement, MGE partners with a large energy user on a customized renewable energy solution to meet that customer's specific energy needs. The array is expected to begin generating electricity later this summer.

Targeting net-zero carbon electricity by 2050

MGE is working to achieve a more sustainable energy future using cost-effective renewable generation technologies. The Renewable Energy Rider and Shared Solar programs help to reduce MGE's carbon emissions while providing customers the option to purchase renewable energy to meet their energy needs and sustainability goals.

Disclaimer

MGE Energy Inc. published this content on 10 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 July 2020 16:55:02 UTC

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Toute l'actualité sur MGE ENERGY, INC.
08/12MGE ENERGY : 45 Years of Dividend Increases
PU
08/10MGE ENERGY : Issues Second-Quarter Financial Update
BU
08/06MGE : 2Q Earnings Snapshot
AQ
08/06MGE ENERGY INC : Results of Operations and Financial Condition, Financial Statem..
AQ
08/06MGE ENERGY : Reports Second-Quarter Earnings
BU
08/06MGE ENERGY : Management's Discussion and Analysis of Financial Condition and Res..
AQ
07/17MGE ENERGY INC : Results of Operations and Financial Condition, Financial Statem..
AQ
07/17MGE ENERGY : Increases Dividend for 45th Consecutive Year
PU
07/10WATCH : Morey Field Solar Construction
PU
06/15MGE ENERGY : Issues June 2020 'Interim Report'
BU
More news
Financials (USD)
Sales 2020 583 M - -
Net income 2020 89,7 M - -
Net Debt 2020 - - -
P/E ratio 2020 26,5x
Yield 2020 2,16%
Capitalization 2 419 M 2 419 M -
Capi. / Sales 2020 4,15x
Capi. / Sales 2021 4,02x
Nbr of Employees 701
Free-Float 99,8%
Chart MGE ENERGY, INC.
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Technical analysis trends MGE ENERGY, INC.
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 1
Average target price 63,00 $
Last Close Price 66,89 $
Spread / Highest target -5,82%
Spread / Average Target -5,82%
Spread / Lowest Target -5,82%
EPS Revisions
Managers
NameTitle
Jeffrey M. Keebler Chairman, President & Chief Executive Officer
Jeffrey C. Newman CFO, Secretary, Treasurer & Executive VP
Jared J. Bushek Chief Information Officer & Vice President
Frank Curtis Hastings Lead Independent Director
Gary J. Wolter Independent Director
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