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WEC Energy Group (WEC) Projected to Announce Quarterly Earnings on Wednesday

WEC Energy Group logo with Utilities background
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Key Points

  • WEC Energy Group is expected to report Q2 2026 earnings before the market opens on Wednesday, July 29, with analysts calling for $0.81 EPS and $2.109 billion in revenue.
  • The company’s most recent quarter topped expectations, with $2.45 EPS versus the $2.30 consensus and revenue of $3.43 billion, up 9% year over year.
  • WEC also recently announced a quarterly dividend of $0.9525 per share, implying an annualized payout of $3.81 and a 3.4% yield.
  • Five stocks to consider instead of WEC Energy Group.

WEC Energy Group (NYSE:WEC - Get Free Report) will likely be releasing its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to post earnings of $0.81 per share and revenue of $2.1090 billion for the quarter. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. Parties may review the information on the company's upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 2:00 PM ET.

WEC Energy Group (NYSE:WEC - Get Free Report) last announced its earnings results on Tuesday, May 5th. The utilities provider reported $2.45 EPS for the quarter, beating analysts' consensus estimates of $2.30 by $0.15. WEC Energy Group had a net margin of 16.25% and a return on equity of 12.72%. The business had revenue of $3.43 billion for the quarter, compared to analysts' expectations of $3.32 billion. During the same period in the previous year, the company posted $2.27 EPS. The company's quarterly revenue was up 9.0% on a year-over-year basis. On average, analysts expect WEC Energy Group to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

WEC Energy Group Stock Down 0.8%

WEC stock opened at $111.68 on Wednesday. The company has a fifty day moving average price of $113.61 and a 200 day moving average price of $113.36. WEC Energy Group has a 12 month low of $102.95 and a 12 month high of $119.91. The company has a market cap of $36.38 billion, a price-to-earnings ratio of 22.29, a price-to-earnings-growth ratio of 1.95 and a beta of 0.47. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.68 and a quick ratio of 0.54.

WEC Energy Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be paid a $0.9525 dividend. The ex-dividend date is Friday, August 14th. This represents a $3.81 dividend on an annualized basis and a yield of 3.4%. WEC Energy Group's payout ratio is currently 76.05%.

Insiders Place Their Bets

In other WEC Energy Group news, EVP Daniel Krueger sold 4,665 shares of the stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $110.96, for a total value of $517,628.40. Following the completion of the transaction, the executive vice president owned 7,346 shares in the company, valued at approximately $815,112.16. This represents a 38.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.46% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On WEC Energy Group

Institutional investors have recently made changes to their positions in the stock. Freestone Grove Partners LP increased its holdings in shares of WEC Energy Group by 30,697.3% in the 3rd quarter. Freestone Grove Partners LP now owns 620,565 shares of the utilities provider's stock valued at $71,111,000 after purchasing an additional 618,550 shares in the last quarter. Balyasny Asset Management L.P. boosted its holdings in WEC Energy Group by 324.1% during the second quarter. Balyasny Asset Management L.P. now owns 774,679 shares of the utilities provider's stock worth $80,722,000 after buying an additional 592,028 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its holdings in WEC Energy Group by 603.1% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 414,028 shares of the utilities provider's stock worth $43,664,000 after buying an additional 355,144 shares in the last quarter. Qube Research & Technologies Ltd grew its position in WEC Energy Group by 477.4% during the second quarter. Qube Research & Technologies Ltd now owns 333,552 shares of the utilities provider's stock worth $34,756,000 after buying an additional 275,786 shares during the period. Finally, Raymond James Financial Inc. grew its position in WEC Energy Group by 13.5% during the fourth quarter. Raymond James Financial Inc. now owns 2,056,074 shares of the utilities provider's stock worth $216,834,000 after buying an additional 245,288 shares during the period. 77.20% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Barclays upped their target price 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. Wall Street Zen lowered WEC Energy Group from a "hold" rating to a "sell" rating in a report on Sunday, May 24th. JPMorgan Chase & Co. boosted their price target on WEC Energy Group from $120.00 to $124.00 and gave the company a "neutral" rating in a research report on Thursday, July 16th. Truist Financial boosted their price target on WEC Energy Group from $119.00 to $122.00 and gave the company a "hold" rating in a research report on Thursday, July 16th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of WEC Energy Group in a research note on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $124.07.

Get Our Latest Report on WEC Energy Group

About WEC Energy Group

(Get Free Report)

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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Earnings History for WEC Energy Group (NYSE:WEC)

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