New insider activity at MGE Energy ( (MGEE) ) has taken place on March 14, 2025.
Director James G Berbee has recently acquired 445 shares of MGE Energy stock, with the transaction valued at $40,419.
Recent Updates on MGEE stock
MGE Energy Inc. has reported its Q4 and full-year 2024 financial results, showing an increase in earnings, with full-year earnings at $120.6 million, up from $117.7 million the previous year. The company’s focus on renewable energy investments, including the completion of the Paris solar project, has contributed to asset growth despite a 4% decrease in gas retail therm deliveries due to warmer weather. MGE Energy’s commitment to expanding its renewable energy portfolio and strategic electric investments has helped maintain financial performance. Additionally, the announcement of Lynn Hobbie’s retirement by the end of 2025 may impact future marketing and communications strategies. The company’s recent financial presentation aims to enhance transparency with stakeholders. Despite these developments, the stock’s technical sentiment consensus rating remains a ‘Strong Sell,’ with a slight year-to-date price performance of 0.04%.
More about MGE Energy
YTD Price Performance: -2.74%
Average Trading Volume: 164,724
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $3.38B