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WEC Energy Group (WEC) Competitors

$79.85
-0.50 (-0.62%)
(As of 06/7/2024 ET)

WEC vs. PCG, SRE, D, PEG, ED, DTE, CNP, AEE, CMS, and NI

Should you be buying WEC Energy Group stock or one of its competitors? The main competitors of WEC Energy Group include PG&E (PCG), Sempra (SRE), Dominion Energy (D), Public Service Enterprise Group (PEG), Consolidated Edison (ED), DTE Energy (DTE), CenterPoint Energy (CNP), Ameren (AEE), CMS Energy (CMS), and NiSource (NI). These companies are all part of the "multi-utilities" industry.

WEC Energy Group vs.

PG&E (NYSE:PCG) and WEC Energy Group (NYSE:WEC) are both large-cap utilities companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, media sentiment, profitability, dividends, analyst recommendations, risk, valuation, community ranking and institutional ownership.

In the previous week, WEC Energy Group had 1 more articles in the media than PG&E. MarketBeat recorded 13 mentions for WEC Energy Group and 12 mentions for PG&E. PG&E's average media sentiment score of 1.53 beat WEC Energy Group's score of 0.92 indicating that WEC Energy Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
PG&E
6 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
WEC Energy Group
9 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

PG&E has higher revenue and earnings than WEC Energy Group. PG&E is trading at a lower price-to-earnings ratio than WEC Energy Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
PG&E$24.43B2.13$2.26B$1.1216.12
WEC Energy Group$8.69B2.90$1.33B$4.5817.43

PG&E pays an annual dividend of $0.04 per share and has a dividend yield of 0.2%. WEC Energy Group pays an annual dividend of $3.34 per share and has a dividend yield of 4.2%. PG&E pays out 3.6% of its earnings in the form of a dividend. WEC Energy Group pays out 72.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. WEC Energy Group has increased its dividend for 1 consecutive years. WEC Energy Group is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

PG&E has a beta of 1.19, suggesting that its share price is 19% more volatile than the S&P 500. Comparatively, WEC Energy Group has a beta of 0.42, suggesting that its share price is 58% less volatile than the S&P 500.

78.6% of PG&E shares are held by institutional investors. Comparatively, 77.2% of WEC Energy Group shares are held by institutional investors. 0.2% of PG&E shares are held by company insiders. Comparatively, 0.3% of WEC Energy Group shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

PG&E received 442 more outperform votes than WEC Energy Group when rated by MarketBeat users. Likewise, 63.24% of users gave PG&E an outperform vote while only 52.43% of users gave WEC Energy Group an outperform vote.

CompanyUnderperformOutperform
PG&EOutperform Votes
862
63.24%
Underperform Votes
501
36.76%
WEC Energy GroupOutperform Votes
420
52.43%
Underperform Votes
381
47.57%

WEC Energy Group has a net margin of 16.67% compared to WEC Energy Group's net margin of 10.05%. PG&E's return on equity of 13.01% beat WEC Energy Group's return on equity.

Company Net Margins Return on Equity Return on Assets
PG&E10.05% 11.32% 2.27%
WEC Energy Group 16.67%13.01%3.62%

PG&E currently has a consensus price target of $19.88, indicating a potential upside of 10.11%. WEC Energy Group has a consensus price target of $86.29, indicating a potential upside of 8.06%. Given WEC Energy Group's stronger consensus rating and higher possible upside, research analysts clearly believe PG&E is more favorable than WEC Energy Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PG&E
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57
WEC Energy Group
3 Sell rating(s)
5 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.08

Summary

WEC Energy Group beats PG&E on 11 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WEC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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WEC vs. The Competition

MetricWEC Energy GroupElectric & other services combined IndustryUtilities SectorNYSE Exchange
Market Cap$25.22B$16.15B$12.02B$17.71B
Dividend Yield4.07%3.61%4.12%3.55%
P/E Ratio17.4313.9993.7524.38
Price / Sales2.901.9524.3814.46
Price / Cash9.297.7316.1920.21
Price / Book2.091.611.884.99
Net Income$1.33B$828.52M$554.14M$975.94M
7 Day Performance-1.46%-3.91%-0.66%-1.87%
1 Month Performance-5.96%-1.91%0.85%-0.74%
1 Year Performance-11.64%-10.17%-0.56%8.66%

WEC Energy Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PCG
PG&E
4.0095 of 5 stars
$18.22
-0.5%
$19.88
+9.1%
+5.4%$52.75B$24.43B16.2728,010Analyst Forecast
SRE
Sempra
4.3705 of 5 stars
$76.47
-0.9%
$82.64
+8.1%
+1.6%$48.84B$13.80B16.9416,835Positive News
D
Dominion Energy
4.0505 of 5 stars
$52.52
-1.4%
$51.73
-1.5%
-3.0%$44.63B$14.39B27.0717,700Positive News
PEG
Public Service Enterprise Group
4.4394 of 5 stars
$74.86
+0.7%
$68.92
-7.9%
+16.2%$37.03B$11.24B20.7412,543Analyst Forecast
News Coverage
Positive News
ED
Consolidated Edison
3.9711 of 5 stars
$92.57
-1.2%
$89.46
-3.4%
-2.1%$32.41B$14.66B17.7714,592Positive News
DTE
DTE Energy
4.1779 of 5 stars
$114.54
-1.7%
$115.44
+0.8%
+1.0%$24.11B$12.75B18.759,950Insider Selling
Positive News
CNP
CenterPoint Energy
3.599 of 5 stars
$30.43
-1.3%
$30.80
+1.2%
+4.1%$19.73B$8.70B21.438,827Analyst Downgrade
Positive News
AEE
Ameren
4.8263 of 5 stars
$72.34
-1.9%
$79.70
+10.2%
-15.0%$19.66B$7.50B16.639,372Positive News
CMS
CMS Energy
3.8368 of 5 stars
$61.98
-1.4%
$64.27
+3.7%
+0.4%$18.74B$7.46B18.908,356Positive News
NI
NiSource
4.1849 of 5 stars
$28.73
-1.3%
$29.50
+2.7%
+3.2%$13.05B$5.51B18.787,411

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This page (NYSE:WEC) was last updated on 6/8/2024 by MarketBeat.com Staff

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