Core Viewpoint - MGE Energy Inc. (MGEE) is positioned as a strong investment choice due to its solid fundamentals, favorable growth estimates, and robust financial position [1] Growth Projections - The Zacks Consensus Estimate indicates sales growth of 2.4% for 2024 and 3.2% for 2025 compared to the previous year [2] Return on Equity - MGE Energy's return on equity for the trailing 12 months is 10.6%, outperforming the industry average of 9.91%, indicating higher efficiency in utilizing shareholders' funds [3] Dividend Payments - MGE Energy has a long history of rewarding shareholders with dividends, having paid cash dividends for over 110 years and approved annual increases for the past 48 years [4][10] Debt to Capital - The company's debt to capital ratio at the end of Q1 2024 was 38.24%, significantly lower than the industry average of 54.69%, suggesting lower capital servicing expenses in a high interest-rate environment [11] Price Performance - Over the past six months, MGE Energy's stock has increased by 7.8%, while the industry has seen a decline of 2.3% [12] Zacks Rank - MGE Energy currently holds a Zacks Rank of 2 (Buy), indicating a favorable investment outlook [8]

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]

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, particularly in the financial sector, to achieve exceptional returns, although identifying such stocks can be challenging due to their inherent risks and volatility [1] Group 1: Growth Stock Identification - The Zacks Growth Style Score system aids in identifying promising growth stocks by analyzing real growth prospects beyond traditional metrics [2] - MGE (MGEE) is currently highlighted as a recommended growth stock, possessing a favorable Growth Score and a top Zacks Rank [2] Group 2: Earnings Growth - Earnings growth is a critical factor for attracting investor interest, with double-digit growth being particularly desirable for growth investors [4] - MGE's projected EPS growth for the current year is 13.5%, significantly surpassing the industry average of 6.4% [5] Group 3: Cash Flow Growth - High cash flow growth is essential for growth-oriented companies, allowing them to fund new projects without relying on external financing [6] - MGE's year-over-year cash flow growth stands at 11%, exceeding the industry average of 5.2% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 9.2%, compared to the industry average of 5.9% [7] Group 4: Earnings Estimate Revisions - Positive trends in earnings estimate revisions are correlated with stock price movements, making them an important consideration for investors [8] - MGE's current-year earnings estimates have been revised upward, with the Zacks Consensus Estimate increasing by 0.3% over the past month [8] Group 5: Overall Assessment - MGE has achieved a Growth Score of B and a Zacks Rank of 2, indicating positive earnings estimate revisions and positioning it as a potential outperformer for growth investors [9][10]

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 ...

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 ...