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NASDAQ: MGEE
Mge Energy Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for MGEE

Based on 1 analyst offering 12 month price targets for Mge Energy Inc.
Min Forecast
$62.00-18.26%
Avg Forecast
$62.00-18.26%
Max Forecast
$62.00-18.26%

Should I buy or sell MGEE stock?

Based on 1 analyst offering ratings for Mge Energy Inc.
Strong Sell
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
1 analysts 100%

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MGEE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-11-21

1 of 1

Forecast return on equity

Is MGEE forecast to generate an efficient return?
Company
N/A
Industry
11.72%
Market
29.52%

Forecast return on assets

Is MGEE forecast to generate an efficient return on assets?
Company
N/A
Industry
3.02%

MGEE revenue forecast

What is MGEE's revenue in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$732.0M+6.02%
Avg 2 year Forecast
$755.0M+9.35%
MGEE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MGEE earnings growth forecast

How is MGEE forecast to perform vs Utilities - Regulated Electric companies and vs the US market?
Company
16.62%
Industry
18.55%
Market
87.75%
MGEE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MGEE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MGEE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MGEE revenue growth forecast

How is MGEE forecast to perform vs Utilities - Regulated Electric companies and vs the US market?
Company
6.02%
Industry
4.07%
Market
13.58%
MGEE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MGEE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MGEE vs Regulated Electric Utility Stocks

TickerPricePrice TargetUp/downsideConsensus
MGEE$75.85$62.00-18.26%Strong Sell
PNM$36.12$42.00+16.28%Buy
ENIC$2.92N/AN/A
CEPU$8.97N/AN/A
POR$41.74$43.33+3.82%Buy
View Top Regulated Electric Utility Stocks

Mge Energy Stock Forecast FAQ

Is Mge Energy Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: MGEE) stock is to Strong Sell MGEE stock.

Out of 1 analyst, 0 (0%) are recommending MGEE as a Strong Buy, 0 (0%) are recommending MGEE as a Buy, 0 (0%) are recommending MGEE as a Hold, 0 (0%) are recommending MGEE as a Sell, and 1 (100%) are recommending MGEE as a Strong Sell.

If you're new to stock investing, here's how to buy Mge Energy stock.

What is MGEE's revenue growth forecast for 2024-2025?

(NASDAQ: MGEE) Mge Energy's forecast annual revenue growth rate of 6.02% is forecast to beat the US Utilities - Regulated Electric industry's average forecast revenue growth rate of 4.07%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 13.58%.

Mge Energy's revenue in 2024 is $690,431,000.On average, 1 Wall Street analysts forecast MGEE's revenue for 2024 to be $26,474,660,395, with the lowest MGEE revenue forecast at $26,474,660,395, and the highest MGEE revenue forecast at $26,474,660,395.

In 2025, MGEE is forecast to generate $27,306,531,525 in revenue, with the lowest revenue forecast at $27,306,531,525 and the highest revenue forecast at $27,306,531,525.

What is MGEE's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: MGEE) forecast ROA is N/A, which is lower than the forecast US Utilities - Regulated Electric industry average of 3.02%.

What is MGEE's Price Target?

According to 1 Wall Street analyst that have issued a 1 year MGEE price target, the average MGEE price target is $62.00, with the highest MGEE stock price forecast at $62.00 and the lowest MGEE stock price forecast at $62.00.

The Wall Street analyst predicted that Mge Energy's share price could fall to $62.00 by Nov 21, 2024. The average Mge Energy stock price prediction forecasts a potential downside of 18.26% from the current MGEE share price of $75.85.

What is MGEE's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: MGEE) forecast ROE is N/A, which is considered weak.
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