MGE Energy stock hits 52-week low at $82.12

MGE Energy Inc’s stock recently reached a 52-week low, touching $82.12, a notable point for investors monitoring the company’s performance. According to InvestingPro data, the company maintains a GOOD financial health score and boasts an impressive 55-year streak of consistent dividend payments. This milestone reflects a broader trend for the utility company, which has seen its stock decline by 9.5% over the past year. The dip to a 52-week low highlights ongoing challenges in the market, as well as potential opportunities for investors who believe in the company’s long-term prospects. With a beta of 0.79 and a current dividend yield of 2.29%, MGE Energy has demonstrated relatively low volatility compared to the broader market. As MGE Energy navigates these fluctuations, stakeholders will be closely watching for any strategic moves or external factors that could influence its stock trajectory. (InvestingPro subscribers can access 6 additional key insights about MGE Energy’s investment potential.)

In other recent news, MGE Energy has reported several significant developments. The company announced a 5.6% increase in its regular quarterly dividend, raising it to $0.4750 per share. This marks the 50th consecutive year of dividend increases for MGE Energy, with the new dividend payable on September 15, 2025, to shareholders recorded by September 1, 2025. This increase elevates the annualized dividend rate from $1.80 per share to $1.90 per share. In a separate development, Ladenburg Thalmann upgraded MGE Energy’s stock rating from Sell to Neutral, citing valuation as the primary reason for the change. The research firm set a price target of $83.00 for the stock. These updates reflect recent strategic and financial decisions by MGE Energy that may interest investors.

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