How to Buy Mge Energy Stock
Mge Energy Inc
MGE Energy, Inc. , through its subsidiaries, operates as a public utility holding company primarily in Wisconsin.
Mge Energy stock last closed at $77.60, down 1.42% from the previous day, and has increased 1.7% in one year. It has overperformed other stocks in the Utilities - Regulated Electric industry by 0.11 percentage points. Mge Energy stock is currently +25.28% from its 52-week low of $61.94, and -6.81% from its 52-week high of $83.27.
There are currently 36.17M shares of MGEE outstanding. The market capitalization of MGEE is $2.81B. In the past 24 hours, 145,265 MGEE shares were traded.
How to Buy Mge Energy Stock
Not sure how to invest in Mge Energy stock? Here's how.
- Figure out where to buy Mge Energy stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Mge Energy stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Pick your method of payment and add your details.
- Evaluate Mge Energy stock: The Mge Energy ticker symbol is MGEE. Is Mge Energy stock a good investment? Should you buy shares of MGEE? How do MGEE's underlying business fundamentals look? Do top analysts think Mge Energy is a good buy? Why has MGEE's stock price moved recently? (Hint: Our stock market analysis website can help you decide if MGEE is a good stock to buy).
- Make your MGEE buy order: Decide if you will purchase MGEE shares at the current market price or use a limit order to purchase MGEE shares at a given price.
- Monitor your MGEE position: Create a watchlist to key updates about your investment in Mge Energy shares.
Step 1: Figure out where to buy Mge Energy stock
You will need a brokerage account in order to access the NASDAQ market and buy MGEE stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal information so you are able to buy MGEE today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start your new brokerage account.
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Step 3: Deposit funds into your brokerage account
Now that you've filled out your info on the best investment app, you need to deposit funds:
Watch the walkthrough below if you need help depositing money into your investment account.
Step 4: Evaluate Mge Energy stock
After you have selected the best place to buy Mge Energy stock, it's absolutely critical to evaluate their stock before you invest, so you can understand the risk and opportunity.
Mge Energy stock at a glance
MGEE Overview
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on MGEE's stock page.
What is the fair value of MGEE stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge MGEE's true value.
Using relative valuations measures:
- MGEE could be overvalued based on its P/E ratio of 23.88x, relative to Utilities - Regulated Electric industry P/E ratio of 16.38x
- MGEE may be overvalued based on its P/B ratio of 3.11x, relative to Utilities - Regulated Electric industry P/B ratio of 1.62x
- MGEE could be overvalued based on its PEG ratio of 1.72x
You can access more valuation analysis on MGEE's stock here.
MGEE Financial Overview
Positive Health Checks:
- Total MGEE debt is lower than 5 years ago, relative to shareholder equity.
- MGEE profit margin has gone up from 15.5% to 17% in the past year.
- MGEE's operating cash flow of $237.56M allows it to safely service it's debt of $780.01M.
- MGEE earnings of $175.93M is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the MGEE balance sheet.
Negative Health Checks:
- There are more long-term liabilities than short-term assets on the MGEE balance sheet.
- MGEE has a relatively high debt to equity ratio of 1.66.
Is Mge Energy stock a Buy, Hold, or Sell, according to analysts?
Out of 1 sell side analysts who monitor MGEE, the consensus analyst rating on MGEE is a Strong Sell
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Mge Energy stock forecast page.
MGEE Momentum
How are MGEE Revenues/Earnings doing?
Last year, MGEE earnings were $117.70M. In the last five year, MGEE's earnings have gone up by 5.99% per year. This was slower than the Utilities - Regulated Electric industry average of 15.9%.
Last year, MGEE revenue was $690.43M. In the last 5 year, MGEE's revenue has grown by 4.29% per year. This was faster than the Utilities - Regulated Electric industry average of 3.97%.
Dig into MGEE's earnings and revenue performance here.
Latest Insiders Trades at MGEE
In the past year, insiders at MGEE have sold more shares than they have bought.
James G. Berbee, Director of MGEE, was the latest MGEE insider to buy. They bought $37,548.95 worth of MGEE shares on Mar 6, 2024.
Research more about who owns MGEE stock here.
Can I get consistent income from MGEE stock?
Mge Energy pays a dividend of 2.18%, compared to the Utilities - Regulated Electric industry's average dividend yield of 3.93%. If you owned $1,000 of MGEE stock, you would have received $21.78 in the past year.
Mge Energy dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Mge Energy dividend yield and history here.
What others are saying about MGEE
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Step 5: Make your MGEE buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, place a limit order.
Click the Open Trade button and eToro will place your order.
If you need additional info about buying stocks on eToro, click the helpful video below:
Step 6: Monitor your MGEE position
Now that you own some shares in MGEE, you'll want to keep up with your stock purchase.
Make a watchlist to track the most important metrics related to your MGEE stock.
MGEE Feed
How to Buy Stock in Mge Energy
To summarize, here are the 6 steps for buying Mge Energy stock:
- Figure out where to buy Mge Energy stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Evaluate Mge Energy stock
- Make your MGEE buy order
- Monitor your MGEE position
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your investment in Mge Energy, create a watchlist today.
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