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, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns. Headquartered in Madis ...

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, ...

Core Viewpoint - MGE Energy Inc. (MGEE) is considered a strong investment choice due to its solid fundamentals, favorable growth estimates, and a Zacks Rank 2 (Buy) [1] Growth Projections - The Zacks Consensus Estimate for 2024 earnings has increased by 0.3% over the past 60 days, currently projected at $3.69 per share [2] - The Zacks Consensus Estimate for 2024 sales is set at $706.8 million, indicating a year-over-year growth of 2.4% [2] Dividend - MGE Energy has a long history of rewarding shareholders with cash dividends, having paid them for over 110 years and approved annual increases for the past 48 years [3] - The current dividend yield for MGEE is 2.13%, which surpasses the Zacks S&P 500 composite average yield of 1.57% [3] Debt to Capital - As of the end of the first quarter of 2024, MGE Energy's debt to capital ratio was 38.24%, significantly lower than the industry average of 54.69%, indicating efficient debt management [4] Return on Equity - The company's return on equity for the trailing 12 months stands at 11.72%, outperforming the industry average of 9.91%, reflecting higher efficiency in utilizing shareholders' funds [5] Price Performance - Over the past year, MGE Energy's stock has appreciated by 6.2%, compared to a 5.6% increase in the industry [6] Other Stocks to Consider - Other top-ranked stocks in the same industry include DTE Energy (DTE), Evergy (EVRG), and Public Service Enterprise Group (PEG), all carrying a Zacks Rank 2 [7] - Long-term earnings growth projections for these companies are 8.2% for DTE Energy, 5% for Evergy, and 5.36% for Public Service Enterprise Group [7] Recent Earnings Estimate Changes - In the past 60 days, the Zacks Consensus Estimate for 2024 earnings has risen by 0.2% for DTE Energy, and by 0.3% for both Evergy and Public Service Enterprise Group [8]

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, ...

[Form 8-K: Current Report](index=1&type=section&id=Form%208-K%3A%20Current%20Report) This report details MGE Energy, Inc.'s first quarter 2024 earnings announcement and related exhibits [Item 2.02. Results of Operations and Financial Condition](index=2&type=section&id=Item%202.02.%20Results%20of%20Operations%20and%20Financial%20Condition) MGE Energy, Inc. announced its first quarter 2024 earnings via a press release filed as Exhibit 99.1 - MGE Energy, Inc. issued a press release on May 8, 2024, to announce its financial results for the first quarter of 2024[6](index=6&type=chunk) - The earnings press release is furnished as Exhibit 99.1 to this report[6](index=6&type=chunk) - This Form 8-K is a combined filing furnished separately by MGE Energy, Inc. and Madison Gas and Electric Company[7](index=7&type=chunk) [Item 9.01. Financial Statements and Exhibits](index=2&type=section&id=Item%209.01.%20Financial%20Statements%20and%20Exhibits) This section lists the exhibits accompanying the report, including the Q1 2024 earnings press release and interactive data file Exhibit List | Exhibit No. | Description | | :--- | :--- | | 99.1 | Press release of MGE Energy, Inc., issued on May 8, 2024 | | 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document) | [Signatures](index=3&type=section&id=Signatures) The report was officially signed on May 8, 2024, by Tamara J. Johnson, Vice President - Chief Accounting Officer and Controller - The report was signed on May 8, 2024, by Tamara J. Johnson, Vice President - Chief Accounting Officer and Controller[11](index=11&type=chunk)

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 Office ...

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 ...