MGE Energy, Inc. logo MGEE - MGE Energy, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 1
HOLD 2
SELL 1
STRONG
SELL
0
| PRICE TARGET: $76.00 DETAILS
HIGH: $76.00
LOW: $76.00
MEDIAN: $76.00
CONSENSUS: $76.00
DOWNSIDE: 2.75%

Stock News

MGE Energy increases quarterly dividend 7% to 50.83c per share

MGE Energy increases quarterly dividend 7% to 50.83c per share

The Board of Directors of MGE Energy approved a 7.0% increase in the company's regular quarterly dividend to 50.83c per share on its outstanding common stock. The dividend is payable September 15, 2026, to shareholders of record as of September 1, 2026. The increase raises MGE Energy's annualized dividend rate to $2.0332 per share and marks the company's 51st consecutive year of dividend increases. "This dividend increase reflects our Board's continued confidence in MGE Energy's long-term strategy, disciplined financial management and commitment to delivering regular, predictable and sustainable returns to shareholders," said Jeff Keebler, Chairman, President and CEO.

Aug 21, 2026 08:01 AM https://thefly.com
MGE Energy: Quality Utility, But The Entry Point Has Closed

MGE Energy: Quality Utility, But The Entry Point Has Closed

MGE Energy is a high-quality regulated utility with sector-leading credit ratings and robust rate base growth, benefiting from a constructive Wisconsin regulatory environment. MGEE's stock has re-rated near fair value, supporting a Hold rating with an $85.37 price target, reflecting limited upside and a 2.31% forward dividend yield. Capex guidance has increased to $1.9 billion (2026-2030), driven by renewables and the RockGen acquisition, with share dilution and execution risk as key concerns.

Jul 10, 2026 03:59 AM seekingalpha.com

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