MGE Energy Inc.'s (MGEE) strong fundamentals and a solid financial position with favorable growth estimates make it a good investment choice. Growth Projections The Zacks Consensus Estimate for 2024 and 2025 sales implies growth of 2.4% and 3.2%, respectively, from the year-ago levels. The company's return on equity for the trailing 12 months is 10.6%, comparing favorably with the industry's 9.91%. This uptrend reflects MGEE's higher efficiency in utilizing its shareholders' funds than its peers. MGE Energy ...

For those looking to find strong Utilities stocks, it is prudent to search for companies in the group that are outperforming their peers. MGE (MGEE) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-todate performance to find out. MGE is one of 106 individual stocks in the Utilities sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Sector Rank ...

Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, ...

MGE Energy Inc.'s (MGEE) strong fundamentals and a solid financial position with favorable growth estimates make it a good investment choice. MGE Energy currently carries a Zacks Rank #2 (Buy). Growth Projections The Zacks Consensus Estimate for 2024 earnings has moved north by 0.3% in the past 60 days and is currently pegged at $3.69 per share. The Zacks Consensus Estimate for 2024 sales is pegged at $706.8 million, implying year-over-year growth of 2.4%. Dividend MGE Energy continues to reward its shareho ...

That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cutting- edge growth stocks. MGE (MGEE) is on the list of such stocks currently recommended by our propr ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 May 8, 2024 Date of report (date of earliest event reported) Commission Name of Registrant, State of Incorporation, Address IRS Employer File No. of Principal Executive Offices, and Telephone No. Identification No. MGE Energy, Inc. 000-49965 39-2040501 (a Wisconsin Corporation) 133 South Blair Street Madison, Wisconsin 53788 (608) 252-7000 | m ...

United States SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended: March 31, 2024 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _______________ to _______________ Commission Name of Registrant, State of Incorporation, Address IRS Employer File No. of Principal Executive Offices, and Telephone No. I ...

MGE (MGEE) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changing earnings p ...

Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend y ...