MGE Energy Holds Annual Shareholders Meeting

MGE Energy ( (MGEE) ) has provided an announcement.

MGE Energy held its Annual Meeting of Shareholders on May 20, 2025, where key decisions were made regarding the company’s governance and operations. The meeting resulted in the election of three Class III Directors, the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2025, and a nonbinding advisory vote on executive compensation, with the majority of votes supporting the proposed measures.

The most recent analyst rating on (MGEE) stock is a Sell with a $68.00 price target. To see the full list of analyst forecasts on MGE Energy stock, see the MGEE Stock Forecast page.

Spark’s Take on MGEE Stock

According to Spark, TipRanks’ AI Analyst, MGEE is a Neutral.

MGE Energy’s strong financial performance is the primary driver of its overall score, reflecting robust revenue growth and effective cash flow management. Technical analysis suggests neutral momentum with no significant overbought or oversold signals. The high P/E ratio implies potential overvaluation, balanced by a modest dividend yield.

To see Spark’s full report on MGEE stock, click here.

More about MGE Energy

Average Trading Volume: 128,229

Technical Sentiment Signal: Buy

Current Market Cap: $3.37B

Learn more about MGEE stock on TipRanks’ Stock Analysis page.