MGEE NASDAQ
Credit Risk of going bust: lower than 84% of companies Debt: 24.5% of company value Bonds: none of note held by US funds details ▾
If the stock fell to about $1.13 (down 98%), MGE Energy, Inc. would be worth roughly what it owes.
Total debt $899.6M against a stock market value of $2.78B.
Distance to default 11.00 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $460.1M (short-term plus half of long-term), stock volatility 20.8%; Altman Z'' 2.10. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Madison, WI 53788
US
MGE Energy, Inc. operates as a public utility holding company, primarily conducting its business in Wisconsin through various subsidiary entities. The company's operations are divided into several key segments: Regulated Electric Utility, Regulated Gas Utility, Nonregulated Energy, Transmission Investments, and an "All Other" category. Its core activities involve the generation, acquisition, and delivery of electricity, utilizing owned or leased power generation facilities situated in both Wisconsin and Iowa. Furthermore, MGE Energy undertakes the planning, construction, operation, maintenance, and expansion of transmission infrastructure to provide essential transmission services. The company's electricity generation portfolio includes coal-fired, gas-fired, and renewable energy sources, supplemented by power purchased under both short-term and long-term agreements. As of December 31, 2021, MGE Energy was supplying electricity to 159,000 customers in Dane County, Wisconsin, and distributing natural gas to 169,000 customers across seven Wisconsin counties. The company maintains its corporate headquarters in Madison, Wisconsin.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Berbee James G | P-Purchase | 275 | $77.35 | 2026-09-09 |
| Berbee James G | P-Purchase | 261 | $81.30 | 2026-08-19 |
| Bushek Jared Joseph | A-Award | 25,000 | — | 2026-04-17 |
| Berbee James G | P-Purchase | 373 | $77.74 | 2026-03-11 |
| Jicha John Anthony | A-Award | 945 | — | 2026-03-02 |