WEC Energy Group (WEC) Set to Announce Quarterly Earnings on Thursday

Key Points

• WEC Energy Group is expected to report Q3 2026 earnings before market open on October 29. Analysts forecast EPS of $0.971 and revenue of $2.27 billion, while the company’s full-year EPS guidance is $5.51–$5.61.
• The utility provider exceeded earnings expectations in its most recent quarter, reporting $0.91 EPS versus the $0.80 consensus estimate, although revenue of $2.06 billion fell short of forecasts.
• WEC declared a quarterly dividend of $0.9525 per share, equivalent to an annualized $3.81 payout and a 3.5% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $118.63.

WEC Energy Group (NYSE:WEC - Get Free Report) will likely be issuing its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect WEC Energy Group to post earnings of $0.9710 per share and revenue of $2.27 billion for the quarter. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. Interested persons can find conference call details on the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 29, 2026 at 2:00 PM ET.

WEC Energy Group (NYSE:WEC - Get Free Report) last released its earnings results on Wednesday, July 29th. The utilities provider reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.11. WEC Energy Group had a net margin of 16.69% and a return on equity of 12.90%. The business had revenue of $2.06 billion for the quarter, compared to analysts' expectations of $2.11 billion. During the same period last year, the company earned $0.76 earnings per share. The company's quarterly revenue was up 2.6% on a year-over-year basis. On average, analysts expect WEC Energy Group to post $5.60 EPS for the current fiscal year and $6.01 EPS for the next fiscal year.

WEC Energy Group Price Performance

WEC Energy Group stock opened at $108.49 on Thursday. WEC Energy Group has a 1 year low of $99.80 and a 1 year high of $119.91. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.39 and a current ratio of 0.53. The firm has a 50 day moving average price of $105.42 and a 200 day moving average price of $110.69. The company has a market cap of $35.35 billion, a price-to-earnings ratio of 19.39, a PEG ratio of 2.24 and a beta of 0.45.

WEC Energy Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 13th will be paid a dividend of $0.9525 per share. The ex-dividend date of this dividend is Friday, November 13th. This represents a $3.81 dividend on an annualized basis and a yield of 3.5%. WEC Energy Group's dividend payout ratio (DPR) is currently 73.84%.

Insider Buying and Selling

In other WEC Energy Group news, Director Ulice Payne, Jr. sold 980 shares of WEC Energy Group stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $105.58, for a total transaction of $103,468.40. Following the transaction, the director directly owned 19,588 shares of the company's stock, valued at $2,068,101.04. The trade was a 4.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.46% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Barclays lowered their price objective on shares of WEC Energy Group from $117.00 to $108.00 and set an "equal weight" rating for the company in a research note on Monday. KeyCorp dropped their price objective on WEC Energy Group from $117.00 to $111.00 and set an "overweight" rating for the company in a report on Tuesday, October 13th. Wall Street Zen raised WEC Energy Group from a "sell" rating to a "hold" rating in a research report on Tuesday, September 22nd. Truist Financial reduced their target price on WEC Energy Group from $114.00 to $113.00 and set a "hold" rating on the stock in a report on Friday, October 16th. Finally, Stephens set a $109.00 target price on WEC Energy Group in a report on Friday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and nine have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $118.63.

WEC Energy Group Company Profile

WEC Energy Group, Inc is an energy holding company headquartered in Milwaukee, Wisconsin. Through its operating companies, the company generates and delivers electricity and provides natural gas distribution, storage and related energy services to residential, commercial and industrial customers.

WEC Energy's principal utility businesses include We Energies and Wisconsin Public Service in Wisconsin, Michigan Gas Utilities, Minnesota Energy Resources, Upper Michigan Energy Resources and North Dakota utility operations.

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