WEC Energy Group (NYSE:WEC) Updates FY 2026 Earnings Guidance

Key Points

• FY 2026 guidance: WEC updated its EPS guidance to $5.510–$5.610, essentially matching the consensus estimate of $5.60.
• Quarterly beat: For the quarter ended May 5, WEC reported EPS of $2.45 (vs. $2.33 estimate) and revenue of $3.43 billion (vs. $3.32 billion estimate).
• Dividend declared: The company announced a quarterly dividend of $0.9525 (annualized $3.81) with a yield of 3.3% and a payout ratio of 78.9%, payable June 1 with an ex-dividend date of May 14.

WEC Energy Group (NYSE:WEC - Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 5.510-5.610 for the period, compared to the consensus earnings per share estimate of 5.600. The company issued revenue guidance of -.

WEC Energy Group Trading Down 0.9%

Shares of WEC Energy Group stock opened at $116.46 on Tuesday. The firm has a market capitalization of $37.93 billion, a PE ratio of 24.11, a price-to-earnings-growth ratio of 2.82 and a beta of 0.50. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.59 and a quick ratio of 0.44. The company's fifty day moving average price is $115.66 and its two-hundred day moving average price is $111.96. WEC Energy Group has a 52-week low of $100.61 and a 52-week high of $119.62.

WEC Energy Group (NYSE:WEC - Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $2.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.33 by $0.12. The firm had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.32 billion. WEC Energy Group had a net margin of 15.90% and a return on equity of 12.40%. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. On average, analysts expect that WEC Energy Group will post 5.6 EPS for the current year.

WEC Energy Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Thursday, May 14th will be issued a $0.9525 dividend. This represents a $3.81 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Thursday, May 14th. WEC Energy Group's payout ratio is 78.88%.

Analysts Set New Price Targets

WEC has been the topic of several analyst reports. Barclays boosted their price target on shares of WEC Energy Group from $111.00 to $117.00 and gave the company an "equal weight" rating in a report on Monday, April 20th. BMO Capital Markets reissued a "market perform" rating and issued a $121.00 price target on shares of WEC Energy Group in a report on Friday, February 6th. Royal Bank Of Canada reissued a "sector perform" rating and issued a $127.00 price target on shares of WEC Energy Group in a report on Friday, January 23rd. BTIG Research reissued a "buy" rating and issued a $135.00 price target on shares of WEC Energy Group in a report on Friday, January 30th. Finally, Wells Fargo & Company reaffirmed an "overweight" rating and issued a $127.00 target price on shares of WEC Energy Group in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $121.94.

Insiders Place Their Bets

In related news, VP Mary Beth Straka sold 2,815 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $115.50, for a total transaction of $325,132.50. Following the completion of the sale, the vice president directly owned 4,707 shares of the company's stock, valued at approximately $543,658.50. This represents a 37.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ulice Payne, Jr. sold 1,450 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $114.60, for a total value of $166,170.00. Following the sale, the director directly owned 20,541 shares of the company's stock, valued at approximately $2,353,998.60. The trade was a 6.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 42,354 shares of company stock valued at $4,855,505 in the last quarter. 0.46% of the stock is owned by company insiders.

Institutional Trading of WEC Energy Group

Large investors have recently bought and sold shares of the business. Voleon Capital Management LP bought a new stake in WEC Energy Group during the 2nd quarter worth approximately $256,000. Tocqueville Asset Management L.P. bought a new position in shares of WEC Energy Group during the 3rd quarter worth approximately $256,000. Asset One Wealth Management LLC bought a new position in shares of WEC Energy Group during the 4th quarter worth approximately $243,000. Larson Financial Group LLC grew its stake in shares of WEC Energy Group by 58.9% during the 3rd quarter. Larson Financial Group LLC now owns 1,834 shares of the utilities provider's stock worth $210,000 after acquiring an additional 680 shares in the last quarter. Finally, Shelton Capital Management bought a new position in shares of WEC Energy Group during the 3rd quarter worth approximately $203,000. 77.20% of the stock is owned by institutional investors.

About WEC Energy Group

WEC Energy Group is a Milwaukee, Wisconsin–based regulated energy holding company whose primary businesses are the generation, transmission and distribution of electricity and the distribution of natural gas. The company operates through a set of utility subsidiaries that provide bundled energy service, customer billing and energy-related programs to residential, commercial and industrial customers. As a regulated utility group, WEC's operations focus on delivering reliable service while managing infrastructure investment and compliance with state and federal utility regulation.

Its utility subsidiaries include well-known regional operators such as We Energies and Wisconsin Public Service, along with Chicago-area natural gas utilities that were part of the Integrys Energy Group acquisition.

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