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Published on 23 May 2024 on Zacks via Yahoo Finance

Reasons to Add MGE Energy (MGEE) Stock to Your Portfolio Now

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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%.

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Reasons to Add MGE Energy (MGEE) Stock to Your Portfolio Now

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