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Reasons to Add MGE Energy (MGEE) Stock to Your Portfolio
MGEEMGE Energy(MGEE) ZACKS·2024-06-25 02:35

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 ...