MGE (MGEE) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $1.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +2.52%. A quarter ago, it was expected that this public utility holding company would post earnings of $0.73 per share when it actually produced earnings of $0.72, delivering a surprise of -1.37%.Over the last four quarters, t ...

Financial Performance - MGE Energy reported GAAP earnings of $44.5 million, or $1.22 per share, for Q3 2025, up from $40.9 million, or $1.13 per share, in Q3 2024, representing a 8.8% increase in earnings per share [2]. - Operating revenues for Q3 2025 were $175.7 million, compared to $168.5 million in Q3 2024, reflecting a growth of 4.3% [7]. - For the nine months ended September 30, 2025, net income was $112.6 million, up from $98.5 million in the same period of 2024, marking a 14.3% increase [7]. - MGE Energy's operating income for Q3 2025 was $51.1 million, compared to $48.1 million in Q3 2024, indicating a 4.0% increase [7]. - The weighted average shares outstanding for basic earnings per share increased from 36,181 in Q3 2024 to 36,542 in Q3 2025 [7]. Strategic Investments - Electric segment earnings increased by $1.3 million due to strategic capital investments and successful renewable energy projects, including the operational Darien Solar Project and Paris Battery Energy Storage System [3]. - Non-utility investment gains contributed approximately $2.2 million to higher earnings, supporting early-stage companies in smart technologies and sustainability [4]. - MGE Energy emphasizes its commitment to sustainability and advancing smart technologies through its venture capital investments [4]. Customer Base - The company has a customer base of 167,000 for electricity and 178,000 for natural gas across several counties in Wisconsin [8]. Forward-Looking Guidance - The company has not provided specific forward-looking guidance but acknowledges inherent uncertainties in future expectations [9].

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy Reports Third-Quarter 2025 Earnings. ...

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: September 30, 2025 ☐ 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 Ex ...

Core Viewpoint - MGE Energy has declared a regular dividend, indicating a commitment to returning value to shareholders and reflecting the company's financial stability [1] Company Summary - MGE Energy continues to demonstrate its financial health by declaring a regular dividend, which is a positive signal for investors [1]

Core Insights - MGE Energy, Inc. (NASDAQ:MGEE) is recognized as a reliable dividend stock, emphasizing its strong financial health and disciplined capital management [2][5] - The company is focused on clean energy, aiming to expand its renewable energy capacity and modernize its electric grid [3][4] Financial Performance - MGE Energy has a long history of rewarding shareholders, having increased its dividend for 50 consecutive years and paid dividends for 110 years [5] - The current quarterly dividend is $0.475 per share, resulting in a dividend yield of 2.26% as of October 13 [5] Business Strategy - The company aims to phase out coal by 2032 and achieve net-zero carbon electricity by 2050, reflecting its commitment to environmental sustainability [4] - MGE Energy's growth strategy includes expanding solar and battery storage facilities to meet carbon-reduction targets [4]

Core Insights - The article discusses the author's journey in dividend growth investing and the establishment of a blog that documents this journey towards financial independence [1]. Group 1 - The author has been investing since September 2017 and has a long-standing interest in dividend investing since 2009 [1]. - The blog "Kody's Dividends" serves as a platform for sharing insights on dividend growth stocks and growth stocks [1]. - The author expresses gratitude for the blog's role in connecting with the Seeking Alpha community as an analyst [1].

Group 1 - The author has been investing since September 2017 and is focused on dividend growth investing as a means to achieve financial independence [1] - The blog "Kody's Dividends" documents the author's journey and serves as a platform for analyzing dividend growth stocks and occasional growth stocks [1] - The author has a beneficial long position in the shares of WEC, indicating a personal investment interest in the company [1] Group 2 - The article does not provide specific investment recommendations or advice, emphasizing that past performance is not indicative of future results [2] - The views expressed in the article may not reflect those of Seeking Alpha as a whole, highlighting the independent nature of the author's analysis [2] - The authors on Seeking Alpha include both professional and individual investors, some of whom may not be licensed or certified [2]

Core Insights - MGE Energy has released its September 2025 'Inside View' report, providing insights into its operational and financial performance [1] Company Overview - The report highlights MGE Energy's commitment to sustainable energy solutions and its ongoing investments in renewable energy projects [1] - MGE Energy continues to focus on enhancing its infrastructure to support future growth and reliability in energy supply [1] Financial Performance - The report includes key financial metrics that demonstrate MGE Energy's performance, although specific figures are not detailed in the provided content [1] - MGE Energy's strategic initiatives are expected to positively impact its financial outlook in the coming years [1] Industry Context - The energy sector is increasingly shifting towards renewable sources, and MGE Energy is positioning itself to capitalize on this trend [1] - Regulatory changes and market dynamics are influencing the operational strategies of companies within the energy industry, including MGE Energy [1]

[Second Quarter 2025 Earnings Overview](index=1&type=section&id=Second%20Quarter%202025%20Earnings%20Overview) MGE Energy reported increased GAAP earnings for Q2 2025, driven by rate base investments, favorable weather, and new renewable generation projects [Financial Performance Summary](index=1&type=section&id=1.1%20Financial%20Performance%20Summary) MGE Energy reported increased GAAP earnings for the second quarter of 2025, with net income rising to $26.5 million, or $0.73 per share, compared to $23.8 million, or $0.66 per share, in the prior year GAAP Financial Performance | Metric | Q2 2025 (Millions USD) | Q2 2024 (Millions USD) | Change (Millions USD) | | :----------------------- | :--------------------- | :--------------------- | :-------------------- | | GAAP Net Income | $26.5 | $23.8 | +$2.7 | | GAAP Earnings Per Share | $0.73 (USD) | $0.66 (USD) | +$0.07 (USD) | - Electric net income increased **$3.9 million** compared to the second quarter of 2024[2](index=2&type=chunk) - Electric residential sales increased approximately **5%** largely driven by warmer-than-normal weather[3](index=3&type=chunk) - Gas net income exhibited steady performance, with minimal variation compared to the second quarter of 2024[3](index=3&type=chunk) [Operational Drivers and Strategic Investments](index=1&type=section&id=1.2%20Operational%20Drivers%20and%20Strategic%20Investments) MGE's increased electric earnings were significantly influenced by ongoing investments in new, cost-effective renewable generation, enhancing system reliability and contributing to asset growth - MGE continues to invest in new, cost-effective renewable generation, supporting the company's ongoing asset growth[2](index=2&type=chunk) - The Darien Solar Project (**25 MW** solar capacity) became operational in March 2025[2](index=2&type=chunk) - The Paris Battery Energy Storage System (**11 MW** battery capacity) went into service in June 2025[2](index=2&type=chunk) [Consolidated Financial Statements (Unaudited)](index=2&type=section&id=Consolidated%20Financial%20Statements%20(Unaudited)) This section provides the unaudited consolidated financial statements for MGE Energy for the three and six months ended June 30, 2025 and 2024 [Three and Six Months Ended June 30, 2025 and 2024](index=2&type=section&id=2.1%20Three%20and%20Six%20Months%20Ended%20June%2030%2C%202025%20and%202024) This section presents the unaudited consolidated financial results for MGE Energy for the three and six months ended June 30, 2025, compared to the same periods in 2024, detailing operating revenues, operating income, net income, and earnings per share Consolidated Statements of Income (Three Months Ended June 30) | Metric | 2025 (Thousands USD) | 2024 (Thousands USD) | | :------------------------------------ | :------------------- | :------------------- | | Operating revenues | $159,452 | $145,713 | | Operating income | $34,223 | $29,735 | | Net income | $26,498 | $23,794 | | Earnings per share - basic | $0.73 (USD) | $0.66 (USD) | | Earnings per share - diluted | $0.72 (USD) | $0.66 (USD) | | Weighted average shares outstanding - basic | 36,540 (Shares) | 36,176 (Shares) | | Weighted average shares outstanding - diluted | 36,569 (Shares) | 36,197 (Shares) | Consolidated Statements of Income (Six Months Ended June 30) | Metric | 2025 (Thousands USD) | 2024 (Thousands USD) | | :------------------------------------ | :------------------- | :------------------- | | Operating revenues | $378,422 | $337,049 | | Operating income | $87,088 | $70,480 | | Net income | $68,090 | $57,608 | | Earnings per share - basic | $1.86 (USD) | $1.59 (USD) | | Earnings per share - diluted | $1.86 (USD) | $1.59 (USD) | | Weighted average shares outstanding - basic | 36,526 (Shares) | 36,173 (Shares) | | Weighted average shares outstanding - diluted | 36,557 (Shares) | 36,196 (Shares) | [Additional Company Information](index=2&type=section&id=Additional%20Company%20Information) This section provides essential company details, including its business overview, forward-looking statement disclaimers, and key contact information [About MGE Energy](index=2&type=section&id=3.1%20About%20MGE%20Energy) MGE Energy is a public utility holding company, with its primary subsidiary, Madison Gas and Electric, serving 167,000 electricity customers and 178,000 natural gas customers across Wisconsin counties - MGE Energy is a public utility holding company[6](index=6&type=chunk) - Its principal subsidiary, Madison Gas and Electric, generates and distributes electricity to **167,000 customers** in Dane County, Wis[6](index=6&type=chunk) - Madison Gas and Electric purchases and distributes natural gas to **178,000 customers** in seven south-central and western Wisconsin counties[6](index=6&type=chunk) [Forward-looking Statements](index=2&type=section&id=3.2%20Forward-looking%20Statements) This section provides a standard disclaimer regarding forward-looking statements, emphasizing that they are based on current expectations and are subject to inherent uncertainties - Forward-looking statements are based on MGE Energy's current expectations, estimates and assumptions regarding future events, which are inherently uncertain[7](index=7&type=chunk) - Readers are cautioned not to place undue reliance on any forward-looking statements[7](index=7&type=chunk) - For a further description of risks and uncertainties, refer to the 'Risk Factors' sections in the Annual Report on Form 10-K for the year ended December 31, 2024[7](index=7&type=chunk) [Contacts](index=2&type=section&id=3.3%20Contacts) This section provides contact information for MGE Energy's Investor Relations and Media Relations departments - Investor Relations: Ken Frassetto, 608-252-4723, kfrassetto@mge.com[8](index=8&type=chunk) - Media Relations: Steve B. Schultz, 608-252-7219, sbschultz@mge.com[8](index=8&type=chunk)