MGEE MGE Energy Inc
XNAS 73.72 DelayedStock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
MGEE
$73.72
—
Key stats
$73.72
- 52-Week Range
- $68.01 – $87.94
- YTD
- -6.02%
- IV Rank (30D)
- 55.84
- Straddle Price
- $7.50
- P/C Vol Ratio
- 9.33
- Market Cap
- $2.7B
- Open
- $72.58
- Day Range
- $72.37 – $73.99
- Volume
- 30,695
- Prev Close
- $72.01
Fair Value
MODEL: LONG
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.15% |
| Beta vs SPY | 0.58 |
| Cost of Equity (CAPM) | 8.05% (VRP-adj) |
| WACC | 7.52% |
| Volatility Risk Premium | +54.6pp (IV − HV30) |
| Effective Tax Rate | 12.6% |
| Rev. Growth (YoY, DCF input) | -8.2% |
| DCF Horizon | 10 years explicit + fade |
| Free Cash Flow (TTM) | $-0.2B |
| Return on Equity (TTM) | 10.4% |
| Book / Price | 54.4% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | 81.8% |
| FCF Margin (TTM) | -21.4% |
| Debt / Equity | 0.61 |
| Quality Score | 2/6 — normal (10y DCF) |
| SMA 50 | $74.79 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $70.57 |
| Bollinger Width / SMA20 | 8.1% (drives anchor stability) |
| Net Debt | $0.9B |
| Market Cap | $3B |
Peers used for multiples: AVA, AWR, CPK, CWEN, CWT, HTO, NWN, OTTR
60-Day Conviction
35%
20-Day Fair Value
≈ by Nov 20, 2026
$74.54
α +0.7%
rank 14%
conviction
48%
40-Day Fair Value
≈ by Dec 21, 2026
$75.56
α +2.1%
rank 19%
conviction
65%
60-Day Fair Value
≈ by Jan 19, 2027
$74.70
α +1.0%
rank 9%
conviction
35%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | n/a | 0% | |
| DDM (Gordon) | $13.75 | 18% | |
| Peer P/E | $83.25 | 7% | median 20.5× · 8 peers |
| Peer EV/EBITDA | $66.32 | 7% | median 11.6× · 8 peers |
| Peer P/B | $65.17 | 7% | median 1.7× · 8 peers |
| Peer P/S | $57.99 | 7% | median 2.8× · 8 peers |
| Market Anchor (SMA50) | $74.79 | 44% | stability 100% (BB-width) |
| Options Expected (B-L 30d) | $70.40 | 11% | 10 strikes · skew -0.05 |
As of 2026-10-22 · updated
Related
About
- Industry (SIC)
- ELECTRIC, GAS & SANITARY SERVICES (4900) · industry map
- Exchange
- XNAS
- Market Cap
- $2.7B
- Employees
- 726
- List Date
- 1972-06-01
- CIK
- 0001161728
- Next Earnings
- 2026-11-04 (After-Close)
- EPS Forecast
- $1.16 (3 est.)
- Headquarters
- Madison, WI
- Homepage
- https://www.mgeenergy.com
MGE Energy provides electric service to 170,000 customers and natural gas service to 180,000 customers in Madison, Wisconsin, and surrounding areas. Nearly 90% of customers are residential. The company also owns a 3.6% stake in American Transmission Co. MGE owns interests in two coal power plants that earn guaranteed fixed rates of return, contributing about 20% of earnings.
Summary
—
composite
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No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -6.26% | -4.53% | 3.44% | -11.39% | -3.35% | 1.84% | -3.38% |
| Feb | -0.79% | -5.14% | -4.40% | -3.72% | 3.51% | 3.77% | -1.13% |
| Mar | 9.04% | 14.05% | 11.04% | 24.58% | 0.31% | -5.57% | 8.91% |
| Apr | 4.88% | -4.36% | 0.10% | -0.70% | -2.69% | 3.23% | 0.08% |
| May | -0.27% | 3.39% | -6.97% | 1.48% | -0.02% | -6.33% | -1.45% |
| Jun | -0.49% | -1.72% | 11.64% | -5.57% | -2.05% | 12.27% | 2.35% |
| Jul | 3.91% | 2.11% | 0.72% | 19.53% | -5.31% | -2.00% | 3.16% |
| Aug | 2.61% | -5.60% | -8.79% | -2.32% | 1.42% | -2.89% | -2.59% |
| Sep | -9.39% | -15.91% | -4.93% | 6.39% | -0.65% | -10.33% | -5.80% |
| Oct | 2.80% | 0.61% | 8.06% | -1.46% | -0.23% | 5.62%* | 2.57% |
| Nov | -5.65% | 4.80% | 1.89% | 17.76% | -0.17% | -- | 3.73% |
| Dec | 12.86% | -0.96% | -2.55% | -10.44% | -2.13% | -- | -0.64% |
| Total | 11.62% | -15.04% | 6.98% | 30.56% | -11.06% | -2.35% | 3.45% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $70.84
SMA 50: $74.64
SMA 200: $77.74
Current: $73.83
EMA 12: $71.81
EMA 26: $72.25
MACD: -0.4404 | Signal: 0.5838
BEARISH
ADX (14): 24.49
WEAK TREND
+DI: 19.21
−DI: 16.10
Momentum Oscillators
RSI (14): 58.59
NEUTRAL
Stoch %K: 85.14
Stoch %D: 80.37
Williams %R: 0.00
Volume & Volatility
BB Upper: $73.09
BB Lower: $68.59
OVERBOUGHT
OBV: -1,679,971
Vol SMA 20: 173,150
Vol ROC: -85.50%
ATR: $1.45
True Range: $1.82
HV 20: 16.7%
HV 30: 20.3%
HV 60: 16.8%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
BULLISH (Confidence Level: 6/10)
Key drivers:
- Technical indicators indicate a potential range-bound environment
- Recent news headlines suggest positive sentiment, potentially driving the stock price higher
- Options market signals imply a low volatility environment, favoring a neutral to bullish stance
Primary risks:
- Negative earnings surprise or guidance could trigger a selloff
- High beta (-0.06) indicates that the stock moves opposite to the market, increasing risk exposure
Investment thesis: MGEE has potential for moderate price appreciation in the near term, driven by positive news sentiment and a range-bound technical environment.
Recent news sentiment impact: The recent news headlines have been generally positive, with three articles highlighting the company's dividend yield and value proposition. This positive sentiment could continue to drive the stock price higher in the short term.
Technical Analysis
Trend Direction: Range-bound (short-term), Neutral (medium-term)
Support/Resistance Levels:
- Upper Bollinger Band: $82.61
- Middle Bollinger Band: $79.48
- Lower Bollinger Band: $76.34
Momentum Signals:
- RSI interpretation: 36.88 (neutral)
- MACD signal: Bearish (crossover below signal line)
- Bollinger Bands position: Neutral
Volume Analysis: Volume trends are neutral, with a slight increase in recent trading sessions.
News & Sentiment Analysis
Recent Headlines Summary: The majority of recent news articles have been positive, highlighting the company's dividend yield and value proposition.
Sentiment Assessment: Positive sentiment dominates, with three out of six articles having a positive tone.
Catalyst Identification: Upcoming earnings report could be a catalyst for price movement.
Market Narrative: Recent news sentiment aligns with the technical indicators, suggesting a range-bound environment.
Risk & Volatility Assessment
Beta Interpretation: High beta (-0.06) indicates that the stock moves opposite to the market, increasing risk exposure.
Volatility Regime: Low volatility regime, with an IV rank of 19.4% (low).
Options Market Signals:
- IV Rank: 19.4% (Low)
- Current IV: 34.7%
- Expected Move: $7.83 (42 DTE), 7-DTE: $7.70
- Volume Flow: 1 calls vs 0 puts
- Open Interest: 1 calls vs 0 puts
- Put/Call Volume Ratio: 0.00 (Bullish sentiment)
Downside Protection: Support levels are established at the lower Bollinger Band ($76.34).
Market Context & Positioning
Sector Performance: Utilities sector has been neutral to slightly positive in recent trading sessions.
Institutional Activity: Neutral to slightly bullish institutional interest is observed, with no significant changes in volume or open interest.
Correlation Analysis: Correlation coefficient (R-squared) suggests a moderate relationship between MGEE and the broader market.
Relative Valuation: The stock appears to be positioned within its trading range, with some room for price appreciation.
Key Levels & Action Items
Critical Price Levels:
- Support at $76.34
- Resistance at $82.61
Breakout/Breakdown Levels:
- Breakout above $82.61 could signal a new uptrend
- Breakdown below $76.34 could trigger a deeper correction
Time-Sensitive Catalysts: Upcoming earnings report (no specific date available) could be a catalyst for price movement.
Risk Management: Stop-loss levels should be set at the lower Bollinger Band ($76.34), and position sizing considerations should account for the stock's high beta (-0.06).
Generated
News
All MGEE news →
Earnings History
13 of 14 under expected move
Avg Expected Move
7.58%
Avg Actual Move
1.42%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2023-05-04 | After-Close | 8.48% | 0.06% | 0.01x | Within |
| 2023-08-03 | After-Close | 4.22% | 1.55% | 0.37x | Within |
| 2023-11-02 | After-Close | 8.62% | 0.08% | 0.01x | Within |
| 2024-02-21 | After-Close | 15.34% | 1.71% | 0.11x | Within |
| 2024-05-08 | After-Close | 9.15% | 1.86% | 0.20x | Within |
| 2024-08-07 | After-Close | 8.43% | 0.35% | 0.04x | Within |
| 2024-11-06 | After-Close | 7.58% | 0.04% | 0.01x | Within |
| 2025-02-25 | After-Close | 8.53% | 0.86% | 0.10x | Within |
| 2025-05-07 | After-Close | 7.57% | 1.98% | 0.26x | Within |
| 2025-08-06 | After-Close | 5.66% | 0.31% | 0.05x | Within |
| 2025-11-05 | Pre-Market | 4.35% | 1.42% | 0.33x | Within |
| 2026-02-24 | After-Close | 9.02% | 1.21% | 0.13x | Within |
| 2026-05-06 | After-Close | 3.19% | 7.61% | 2.39x | Exceeded |
| 2026-08-05 | After-Close | 6.05% | 0.80% | 0.13x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
MGEE Options Activity & IV Rank
MGEE IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 47.9%
7-DTE IV: —
Expected Move: $7.50
7-DTE Move: $7.50
Days to Exp: 29 (2026-11-20)
Options Flow
Call Volume: 3
Put Volume: 28
P/C Volume: 9.333
BEARISH
Call OI: 15
Put OI: 30
P/C OI: 2.0
Total OI: 45
ATM Options Pricing
ATM Call: $2.48
ATM Put: $5.03
Call %: 3.4%
Put %: 6.8%
Chain Summary
Chain Volume: 47
Chain OI: 94
Last Updated: 10/22/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
LOW γ vs HISTORY
Estimated net dealer gamma is at the 8th percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
8%
vs own history
GEX tilt
+0.33
OI-weighted, today
Vanna tilt
+1.00
δ-sensitivity to IV
Charm tilt
-1.00
δ-decay vs time
Vanna tilt +1.00: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -1.00: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 3 ATM contracts, 0k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
No data
30 DTE / 10d
—
—
pts
EXTREME
ATM 44.0% / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)55.8MediumOct 22
Straddle Price (30 DTE)$7.50Oct 22
Beta Analysis
Risk Metrics
Beta: -0.0951
Alpha: -12.80%
Correlation: -0.0584
R-Squared: 0.3%
Stock Volatility: 20.8%
Market Volatility: 12.8%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Negative beta - stock moves opposite to market
Beta & Alpha Over Time
Notable investors who own MGEE
6 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Citadel Hedge fund Ken Griffin | $12.0M | #1450 of 6285 | +229.0% | 13F | |
| Soros Fund Management Family office George Soros, Robert Soros, Jonathan Soros | $8.7M | #138 of 251 | new | 13F | |
| Millennium Management Hedge fund Izzy Englander | $8.6M | #1691 of 3716 | -38.2% | 13F | |
| Renaissance Technologies Hedge fund Jim Simons | $6.6M | #1291 of 3138 | +20.3% | 13F | |
| Point72 Hedge fund Steve Cohen | $5.4M | #957 of 1945 | -17.7% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $8K | #4118 of 4729 | +124.4% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
MGEE Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 36,805,750 (as of 2026-06-30)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
2 filers$4.31M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Citadel Advisors LLC Custodian | $4.27M | 99.24% | 2026-06-30 |
| 2 | GROUP ONE TRADING LLC Custodian | $32.62K | 0.76% | 2026-06-30 |
| # | Filer | Notional Value | % of Total | Period |
|---|
MGEE Insider Trading (Form 4)
Latest: 2026-09-11Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-09-11 | James G Berbee | Director | Buy (P) | +274 | $77.35 | $21.3K | EDGAR |
| 2026-08-20 | James G Berbee | Director | Buy (P) | +261 | $81.30 | $21.2K | EDGAR |
| 2026-04-21 | Jared Joseph Bushek | VP Chief Fin. Off. & Treasurer | Award (A) | +25,000 | — | EDGAR | |
| 2026-03-12 | James G Berbee | Director | Buy (P) | +372 | $77.74 | $29.0K | EDGAR |
| 2026-03-03 | Angela S. Rieger | Director | Grant (A) | +1,039 RSU | — | EDGAR | |
| 2026-03-03 | Jeffrey M Keebler | Chairman, President & CEO | Award (A) | +10,905 | — | EDGAR | |
| 2026-03-03 | Scott Robert Smith | VP Business and Reg. Strategy | Award (A) | +1,116 | — | EDGAR | |
| 2026-03-03 | Cari Anne Renlund | VP General Counsel & Sec. | Award (A) | +1,716 | — | EDGAR | |
| 2026-03-03 | James G Berbee | Director | Grant (A) | +1,039 RSU | — | EDGAR | |
| 2026-03-03 | Patricia K Ackerman | Director | Grant (A) | +1,039 RSU | — | EDGAR | |
| 2026-03-03 | Jenny Lynn Lagerwall | AVP - Acctg & Controller (CAO) | Award (A) | +688 | — | EDGAR | |
| 2026-03-03 | James L Possin | Director | Grant (A) | +1,039 RSU | — | EDGAR | |
| 2026-03-03 | James Jerome Lorenz | VP Energy Operations | Award (A) | +1,390 | — | EDGAR | |
| 2026-03-03 | Jared Joseph Bushek | VP Chief Fin. Off. & Treasurer | Award (A) | +3,684 | — | EDGAR | |
| 2026-03-03 | John Anthony Jicha | VP Energy Supply & Asst Treas. | Award (A) | +945 | — | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
MGEE Insider Holdings
18 insiders · @ $73.83
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Jared Joseph Bushek | VP Chief Fin. Off. & Treasurer | 35,795 | $2.64M | $0 | 8 | 2026-04-21 |
| 2 | Jeffrey M Keebler | Chairman, President & CEO | 31,908 | $2.36M | $116.9K | 14 | 2026-03-03 |
| 3 | Gary J Wolter | Director | 23,152 | $1.71M | $0 | 8 | 2026-03-03 |
| 4 | Lynn K Hobbie | Exec. VP Marketing & Comm. | 13,813 | $1.02M | $0 | 6 | 2026-01-06 |
| 5 | James G Berbee | Director | 10,013 | $739.3K | $837.0K | 46 | 2026-09-11 |
| 6 | Londa J Dewey | Director | 7,651 | $564.9K | $69.4K | 12 | 2026-03-03 |
| 7 | Cari Anne Renlund | VP General Counsel & Sec. | 7,039 | $519.7K | $11.9K | 11 | 2026-03-03 |
| 8 | James L Possin | Director | 6,841 | $505.1K | $126.3K | 20 | 2026-03-03 |
| 9 | James Jerome Lorenz | VP Energy Operations | 6,336 | $467.8K | $20.0K | 9 | 2026-03-03 |
| 10 | Scott Robert Smith | VP Business and Reg. Strategy | 4,410 | $325.6K | $10.0K | 8 | 2026-03-03 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
MGEE Board & Officers
As of SEC filings through Sep 11, 2026Directors 10
- Londa J Dewey · since Feb 8, 2008
- James G Berbee · since Mar 1, 2018
- Marcia M Anderson · since Mar 1, 2018
- Noble Lynnwood Wray · since Sep 1, 2021
- James L Possin · listed since Mar 2022
- Gary J Wolter · on file since Oct 2022
- Angela S. Rieger · since Mar 1, 2024
- Daniel James Kelly · since Mar 1, 2024
- Patricia K Ackerman · since Mar 1, 2024
- Jeffrey M Keebler · listed since Jan 2025
Officers 9
- Jeffrey M Keebler · Chairman, President & CEO · listed since Mar 2019
- Jared Joseph Bushek · VP Chief Fin. Off. & Treasurer · listed since Mar 2023
- Cari Anne Renlund · VP General Counsel & Sec. · listed since Mar 2023
- James Jerome Lorenz · VP Energy Operations · listed since Mar 2022
- Scott Robert Smith · VP Business and Reg. Strategy · listed since Oct 2022
- Lynn K Hobbie · Exec. VP Marketing & Comm. · listed since Mar 2023
- Jenny Lynn Lagerwall · AVP - Acctg & Controller (CAO) · since Jul 1, 2024
- Melissa Tyson Garner · VP-People & Community Engmnt · since Mar 1, 2025
- John Anthony Jicha · VP Energy Supply & Asst Treas. · since Mar 1, 2026
Changes in the last 10 years (32)
| Mar 1, 2026 | John Anthony Jicha became VP Energy Supply & Asst Treas. |
| Mar 1, 2025 | Melissa Tyson Garner became VP-People & Community Engmnt |
| Jan 6, 2025 | Jeffrey M Keebler first listed as a director in an SEC filing |
| Jul 1, 2024 | Jenny Lynn Lagerwall became AVP - Acctg & Controller (CAO) |
| Mar 1, 2024 | Patricia K Ackerman became a director |
| Mar 1, 2024 | Daniel James Kelly became a director |
| Mar 1, 2024 | Angela S. Rieger became a director |
| Feb 16, 2024 | The company announced the departure of Tamara Jean Johnson as VP Accounting and Controller in an SEC filing |
| Mar 3, 2023 | Lynn K Hobbie listed as Exec. VP Marketing & Comm. (previously Exec VP Marketing & Corp Comm) in SEC filings |
| Mar 3, 2023 | Jeffrey M Keebler no longer listed as a director in SEC filings |
| Mar 3, 2023 | Jared Joseph Bushek listed as VP Chief Fin. Off. & Treasurer (previously VP Finance, CIO & Treasurer) in SEC filings |
| Mar 3, 2023 | Cari Anne Renlund listed as VP General Counsel & Sec. (previously VP General Counsel & Secretary) in SEC filings |
| Oct 11, 2022 | Scott Robert Smith listed as VP Business and Reg. Strategy (previously VP Bus. Regulatory Strategy) in SEC filings |
| Oct 11, 2022 | Lynn K Hobbie first on file as Exec VP Marketing & Corp Comm |
| Oct 11, 2022 | Gary J Wolter first on file as a director |
| Oct 11, 2022 | Frank C Hastings first on file as a director |
| Oct 11, 2022 | Cari Anne Renlund first listed as VP General Counsel & Secretary in an SEC filing |
| Mar 15, 2022 | James Jerome Lorenz listed as VP Energy Operations (previously VP Business Operations) in SEC filings |
| Mar 3, 2022 | James L Possin first listed as a director in an SEC filing |
| Sep 1, 2021 | Noble Lynnwood Wray became a director |
| May 1, 2021 | Scott Robert Smith became VP Bus. Regulatory Strategy |
| May 1, 2021 | James Jerome Lorenz became VP Business Operations |
| Sep 17, 2020 | Cari Anne Renlund reported in an SEC filing no longer being VP and General Counsel |
| Sep 1, 2020 | Tamara Jean Johnson became VP Accounting and Controller |
| Sep 1, 2020 | Jared Joseph Bushek became VP Finance, CIO & Treasurer |
| Aug 24, 2020 | James L Possin reported in an SEC filing no longer being a director |
| Mar 27, 2019 | Jeffrey M Keebler listed as Chairman, President & CEO (previously President and CEO) in SEC filings |
| Mar 1, 2019 | Donald D Peterson became VP - Energy Technology |
| Mar 1, 2018 | Marcia M Anderson became a director |
| Mar 1, 2018 | James G Berbee became a director |
| Sep 6, 2017 | Jeffrey M Keebler listed as President and CEO (previously Sr. VP-Energy Supply & Plan) in SEC filings |
| Sep 6, 2017 | Jeffrey M Keebler first listed as a director in an SEC filing |
Not reported recently (6)
- Thomas R Stolper · Last reported as a director in an SEC filing dated Mar 4, 2024
- Mark D Bugher · Last reported as a director in an SEC filing dated Mar 4, 2024
- Donald D Peterson · Last reported as VP - Energy Technology in an SEC filing dated Oct 11, 2022
- Frank C Hastings · Last reported as a director in an SEC filing dated Oct 11, 2022
- Jeffrey C Newman · Last reported as VP, CFO, Sec. & Treasurer in an SEC filing dated Dec 16, 2020
- Regina M Millner · Last reported as a director in an SEC filing dated Mar 7, 2019
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
ETF Holders
99 ETFs hold MGEE
25 shown · $721.30M total exposure · 0.14% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | IJR iShares Core S&P Small-Cap ETF | iShares (BlackRock) | 0.16% | $162.3M | $103.1B | 2026-10-20 |
| 2 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $83.2M | — | 2026-09-30 |
| 3 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.09% | $69.4M | $75.1B | 2026-10-20 |
| 4 | VB Vanguard Morningstar Small-Cap ETF | Vanguard | 0.03% | $58.9M | — | 2026-09-30 |
| 5 | VBR Vanguard Morningstar Small-Cap Value ETF | Vanguard | 0.06% | $38.4M | — | 2026-09-30 |
| 6 | FVD First Trust Value Line® Dividend Index Fund | First Trust | 0.40% | $31.8M | $7.9B | 2026-10-20 |
| 7 | VXF Vanguard Extended Market ETF | Vanguard | 0.03% | $29.6M | — | 2026-09-30 |
| 8 | IWN iShares Russell 2000 Value ETF | iShares (BlackRock) | 0.19% | $25.8M | $13.7B | 2026-10-20 |
| 9 | SPSM State Street® SPDR® Portfolio S&P 600™ Small Cap ETF | SPDR (State Street) | 0.16% | $25.0M | $15.7B | 2026-10-20 |
| 10 | SDY State Street® SPDR® S&P® Dividend ETF | SPDR (State Street) | 0.11% | $24.4M | $21.7B | 2026-10-20 |
| 11 | DFAS Dimensional US Small Cap ETF | Dimensional | 0.06% | $21.3M | — | 2026-10-20 |
| 12 | VPU Vanguard Utilities ETF | Vanguard | 0.19% | $18.0M | — | 2026-09-30 |
| 13 | VTWO Vanguard Russell 2000 ETF | Vanguard | 0.09% | $15.6M | — | 2026-09-30 |
| 14 | VIG Vanguard Dividend Appreciation ETF | Vanguard | 0.01% | $14.8M | — | 2026-09-30 |
| 15 | SCHA Schwab U.S. Small-Cap ETF | Nport | 0.06% | $13.3M | — | 2026-05-31 |
| 16 | IJT iShares S&P Small-Cap 600 Growth ETF | iShares (BlackRock) | 0.17% | $12.6M | $7.6B | 2026-10-20 |
| 17 | IJS iShares S&P Small-Cap 600 Value ETF | iShares (BlackRock) | 0.15% | $11.3M | $7.6B | 2026-10-20 |
| 18 | VYM Vanguard High Dividend Yield ETF | Vanguard | 0.01% | $10.8M | — | 2026-09-30 |
| 19 | VIOO Vanguard S&P Small-Cap 600 ETF | Vanguard | 0.15% | $9.3M | — | 2026-09-30 |
| 20 | DFMC Dimensional US Micro Cap ETF | Dimensional | 0.12% | $9.2M | — | 2026-10-20 |
| 21 | SMDV ProShares S&P SmallCap 600 Dividend Aristocrats ETF | ProShares | 1.30% | $8.5M | — | 2026-10-21 |
| 22 | SLYG State Street® SPDR® S&P 600™ Small Cap Growth ETF | SPDR (State Street) | 0.17% | $7.8M | $4.6B | 2026-10-20 |
| 23 | SLYV State Street® SPDR® S&P 600™ Small Cap Value ETF | SPDR (State Street) | 0.15% | $7.1M | $4.7B | 2026-10-20 |
| 24 | DES WisdomTree U.S. SmallCap Dividend Fund | Nport | 0.31% | $6.7M | — | 2026-06-30 |
| 25 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.01% | $6.2M | — | 2026-10-20 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
18.18
TTM Diluted EPS
$4.07
TTM Revenue
$769.13M
TTM Net Income
$149.63M
TTM Op. Cash Flow
$278.11M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q2 '26 | 2026-06-30 | $161.19M | $33.35M | $0.89 | $68.14M |
| Q1 '26 | 2026-03-31 | $242.70M | $48.48M | $1.32 | $80.69M |
| Q4 '25 | 2025-12-31 | $189.55M | $23.30M | $0.64 | $34.46M |
| Q3 '25 | 2025-09-30 | $175.68M | $44.50M | $1.22 | $94.82M |
| Q2 '25 | 2025-06-30 | $159.45M | $26.50M | $0.72 | $56.09M |
| Q1 '25 | 2025-03-31 | $218.97M | $41.59M | $1.14 | $77.86M |
| Q4 '24 | 2024-12-31 | $171.41M | $22.02M | $0.61 | $67.95M |
| Q3 '24 | 2024-09-30 | $168.48M | $40.94M | $1.13 | $79.40M |
| Q2 '24 | 2024-06-30 | $145.71M | $23.79M | $0.66 | $64.62M |
| Q1 '24 | 2024-03-31 | $191.34M | $33.81M | $0.93 | $65.81M |
| Q4 '23 | 2023-12-31 | $164.65M | $20.08M | $0.55 | $43.52M |
| Q3 '23 | 2023-09-30 | $160.53M | $37.86M | $1.05 | $67.05M |
Q2 2026 • period ending 2026-06-30 • filed 2026-08-05
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
18.18
P/B
1.89
P/S
3.54
EV/EBITDA
12.60
EV/Sales
4.66
ROE
10.4%
ROA
4.5%
Div Yield
2.57%
FCF Yield
10.21%
Debt/Equity
0.61
Current Ratio
—
Market Cap
$2.72B
as of 2026-10-22
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
1.61M
SI % of Float
4.26%
Days to Cover
6.25
Short Vol Ratio
64.6%
Free Float
37.69M
Float %
99.8%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-08-24