Vectren Corporation Company Profile (NYSE:VVC)

About Vectren Corporation

Vectren Corporation logoVectren Corporation (Vectren) is an energy holding Company. The Company segregates its operations into groups, including the Utility Group, the Nonutility Group, and Corporate and Other. The Company's subsidiary, Vectren Utility Holdings, Inc. (Utility Holdings or VUHI), serves as the intermediate holding company for three public utilities: Indiana Gas Company, Inc. (Indiana Gas), Southern Indiana Gas and Electric Company (SIGECO) and Vectren Energy Delivery of Ohio, Inc. (VEDO). The Company, through Vectren Enterprises Inc. (Enterprises), is involved in non-utility activities in two primary business areas: Infrastructure Services and Energy Services. Infrastructure Services provides underground pipeline construction and repair services. Energy Services provides energy performance contracting and sustainable infrastructure, such as renewables, distributed generation, and combined heat and power projects.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Diversified Utilities
  • Sub-Industry: Multi-Utilities
  • Exchange: NYSE
  • Symbol: VVC
  • CUSIP: 92240G10
Key Metrics:
  • Previous Close: $56.19
  • 50 Day Moving Average: $54.56
  • 200 Day Moving Average: $50.97
  • 52-Week Range: $82,900,000.00 - $44.08
  • Trailing P/E Ratio: 21.98
  • Foreward P/E Ratio: 19.86
  • P/E Growth: 4.05
  • Market Cap: $4.66B
  • Outstanding Shares: 82,900,000
  • Beta: 0.7
Profitability:
  • Net Margins: 8.80%
  • Return on Equity: 12.16%
  • Return on Assets: 3.81%
Debt:
  • Debt-to-Equity Ratio: 0.99%
  • Current Ratio: 1.00%
  • Quick Ratio: 0.76%
Additional Links:
Companies Related to Vectren Corporation:

Analyst Ratings

Consensus Ratings for Vectren Corporation (NYSE:VVC) (?)
Ratings Breakdown: 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $53.00 (5.68% downside)

Analysts' Ratings History for Vectren Corporation (NYSE:VVC)
Show:
DateFirmActionRatingPrice TargetDetails
1/12/2017KeyCorpUpgradeSector Weight -> OverweightView Rating Details
1/9/2017GuggenheimUpgradeNeutral -> BuyView Rating Details
12/14/2016Citigroup Inc.UpgradeNeutral -> BuyView Rating Details
5/19/2016US Capital AdvisorsDowngradeOverweight -> HoldView Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Vectren Corporation (NYSE:VVC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017        
2/22/2017Q416$0.79$0.84$618.60 million$699.00 millionViewN/AView Earnings Details
11/2/2016Q316$0.64$0.74$611.78 million$631.00 millionViewN/AView Earnings Details
8/3/2016Q216$0.43$0.39$585.40 million$533.70 millionViewN/AView Earnings Details
5/9/2016Q116$0.69$0.58$648.30 million$584.80 millionViewN/AView Earnings Details
2/22/2016Q415$0.70$0.79$695.24 million$604.00 millionViewListenView Earnings Details
11/5/2015Q315$0.62$0.48$596.25 million$573.50 millionViewN/AView Earnings Details
8/5/2015Q215$0.41$0.43$526.03 million$551.00 millionViewN/AView Earnings Details
5/6/2015Q115$0.74$0.69$768.00 million$706.20 millionViewN/AView Earnings Details
2/16/2015Q414$0.71$0.68$650.30 million$676.80 millionViewN/AView Earnings Details
11/6/2014Q314$0.58$0.60$529.20 million$595.60 millionViewN/AView Earnings Details
8/4/2014Q214$0.38$0.37$572.05 million$542.50 millionViewN/AView Earnings Details
5/12/2014Q114$0.73$0.62$747.11 million$796.80 millionViewN/AView Earnings Details
2/19/2014Q413$0.58$0.60$638.60 million$638.60 millionViewN/AView Earnings Details
11/8/2013Q313$0.49$0.50$541.96 million$579.60 millionViewN/AView Earnings Details
7/31/2013Q2 2013$0.30$0.33$509.12 million$531.00 millionViewN/AView Earnings Details
5/1/2013Q1 2013$0.66$0.61$591.45 million$700.60 millionViewN/AView Earnings Details
2/14/2013Q4 2012$0.45$0.52$607.70 million$644.10 millionViewN/AView Earnings Details
11/5/2012Q312$0.33$0.48$522.22 million$513.50 millionViewN/AView Earnings Details
8/1/2012$0.23$0.31ViewN/AView Earnings Details
5/2/2012$0.62$0.62ViewN/AView Earnings Details
2/15/2012$0.58$0.56ViewN/AView Earnings Details
5/5/2011$0.75$0.55ViewN/AView Earnings Details
2/16/2011$0.54$0.56ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Vectren Corporation (NYSE:VVC)
Current Year EPS Consensus Estimate: $2.67 EPS
Next Year EPS Consensus Estimate: $2.83 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.67$0.69$0.68
Q2 20162$0.40$0.47$0.44
Q3 20162$0.62$0.63$0.63
Q4 20162$0.81$0.86$0.84
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Vectren Corporation (NYSE:VVC)
Annual Dividend:$1.68
Dividend Yield:2.99%
Dividend Growth:4.40% (3 Year Average)
Payout Ratio:67.20% (Based on Trailing 12 Months of Earnings)
62.92% (Based on Current Year Consensus EPS Estimate)
59.36% (Based on Next Year Consensus EPS Estimate)
Track Record:57 Years of Consecutive Dividend Growth

Dividend History for Vectren Corporation (NYSE:VVC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/1/2017quarterly$0.423.08%2/13/20172/15/20173/1/2017
11/2/2016quarterly$0.423.47%11/10/201611/15/201612/1/2016
8/3/2016quarterly$0.403.09%8/11/20168/15/20169/1/2016
5/2/2016quarterly$0.403.23%5/11/20165/13/20166/1/2016
2/3/2016quarterly$0.403.65%2/11/20162/16/20163/1/2016
11/5/2015quarterly$0.403.8%11/12/201511/16/201512/1/2015
8/5/2015quarterly$0.383.64%8/13/20158/17/20159/1/2015
5/4/2015quarterly$0.383.59%5/13/20155/15/20156/1/2015
1/30/2015quarterly$0.383.17%2/11/20152/13/20153/2/2015
11/6/2014quarterly$0.383.36%11/13/201411/17/201412/1/2014
8/7/2014quarterly$0.363.74%8/14/20148/18/20149/2/2014
4/4/2014quarterly$0.363.67%5/13/20145/15/20146/2/2014
1/30/2014quarterly$0.363.94%2/12/20142/14/20143/3/2014
11/6/2013quarterly$0.364.21%11/14/201311/18/201312/2/2013
8/2/2013quarterly$0.363.87%8/13/20138/15/20139/3/2013
5/1/2013quarterly$0.363.89%5/13/20135/15/20136/3/2013
1/31/2013quarterly$0.364.45%2/13/20132/15/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Vectren Corporation (NYSE:VVC)
Insider Ownership Percentage: 0.21%
Institutional Ownership Percentage: 61.77%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/3/2016John D EngelbrechtDirectorBuy430$45.63$19,620.90View SEC Filing  
12/15/2015Robert G JonesDirectorBuy98$40.74$3,992.52View SEC Filing  
9/16/2015Robert G JonesDirectorBuy100$39.26$3,926.00View SEC Filing  
8/26/2013James Degraffenreidt, Jr.DirectorBuy2,122$33.53$71,150.66View SEC Filing  
8/8/2013Niel EllerbrookDirectorSell49,000$35.93$1,760,570.00View SEC Filing  
8/6/2013Niel EllerbrookDirectorSell1,100$36.36$39,996.00View SEC Filing  
8/6/2013Ronald ChristianVPSell23,900$36.56$873,784.00View SEC Filing  
8/5/2013Carl L ChapmanCEOSell21,000$36.53$767,130.00View SEC Filing  
8/5/2013Jerome Benkert, Jr.CFOSell25,100$36.73$921,923.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Vectren Corporation (NYSE:VVC)
DateHeadline
biz.yahoo.com logoVECTREN CORP Files SEC form 8-K, Results of Operations and Financial Condition (NYSE:VVC)
us.rd.yahoo.com - February 25 at 8:07 PM
capitalcube.com logoVectren Corp. :VVC-US: Earnings Analysis: Q4, 2016 By the Numbers : February 24, 2017 (NYSE:VVC)
www.capitalcube.com - February 25 at 4:20 AM
News IconVectren Corporation (VVC) Shouts Loudly With Its Technical Chart - NY Stock News (NYSE:VVC)
nystocknews.com - February 24 at 9:10 AM
finance.yahoo.com logoEdited Transcript of VVC earnings conference call or presentation 23-Feb-17 7:00pm GMT (NYSE:VVC)
finance.yahoo.com - February 24 at 9:10 AM
News IconBaird Financial Group Inc. Sells 273 Shares of Vectren Corporation (VVC) (NYSE:VVC)
techknowbits.com - February 23 at 11:50 PM
marketexclusive.com logoVECTREN CORPORATION (NYSE:VVC) Files An 8-K Results of Operations and Financial Condition (NYSE:VVC)
marketexclusive.com - February 23 at 11:50 PM
News IconVectren Corporation (VVC) Issues Quarterly Earnings Results (NYSE:VVC)
www.graffiotech.com - February 23 at 11:50 PM
biz.yahoo.com logoVECTREN CORP Files SEC form 10-K, Annual Report (NYSE:VVC)
us.rd.yahoo.com - February 23 at 11:50 PM
News IconDP&L, Vectren offering scholarships in energy careers (NYSE:VVC)
sidneydailynews.com - February 23 at 3:23 AM
nasdaq.com logoVectren Initiates 2017 Earnings Expectations; Increases Long-Term Outlook (NYSE:VVC)
www.nasdaq.com - February 23 at 3:23 AM
rttnews.com logoVectren Corp. Reveals 7% Advance In Q4 Bottom Line (NYSE:VVC)
www.rttnews.com - February 23 at 3:23 AM
streetinsider.com logoVectren Corp. (VVC) Tops Q4 EPS by 5c (NYSE:VVC)
www.streetinsider.com - February 23 at 3:23 AM
us.rd.yahoo.com logoVectren Corporation Reports 2016 Results; Initiates 2017 Earnings Expectations; Increases Long-Term Outlook (NYSE:VVC)
us.rd.yahoo.com - February 23 at 3:23 AM
us.rd.yahoo.com logo4:27 pm Vectren beats by $0.05, beats on revs; guides FY17 EPS in-line (NYSE:VVC)
us.rd.yahoo.com - February 23 at 3:23 AM
sg.finance.yahoo.com logoVectren beats 4Q profit forecasts (NYSE:VVC)
sg.finance.yahoo.com - February 23 at 3:23 AM
seekingalpha.com logo5 Stocks That Could Still Jump 25% On A Trump Tax Cut (NYSE:VVC)
seekingalpha.com - February 17 at 5:07 PM
finance.yahoo.com logoVectren to Discuss 2016 Results and 2017 Outlook on Conference Call (NYSE:VVC)
finance.yahoo.com - February 2 at 6:43 AM
finance.yahoo.com logoVectren Declares Quarterly Dividend (NYSE:VVC)
finance.yahoo.com - February 2 at 6:43 AM
4-traders.com logoVectren : Gas pipeline upgrades to begin in Fairborn, Ohio (NYSE:VVC)
www.4-traders.com - January 27 at 6:41 AM
4-traders.com logoVectren : Gas pipeline upgrades underway in Vincennes, Indiana (NYSE:VVC)
www.4-traders.com - January 19 at 7:22 AM
bizjournals.com logoVectren putting $16M into new lines in 2017 (NYSE:VVC)
www.bizjournals.com - January 19 at 7:22 AM
capitalcube.com logoVectren Corp. : VVC-US: Dividend Analysis : November 15th, 2016 (record date) : By the numbers : January 11, 2017 (NYSE:VVC)
www.capitalcube.com - January 11 at 3:35 PM
us.rd.yahoo.com logoVectren upgraded by Guggenheim (NYSE:VVC)
us.rd.yahoo.com - January 9 at 8:57 PM
publicnow.com logoVectren reminds customers about safe snow and ice removal around gas meters (NYSE:VVC)
www.publicnow.com - January 6 at 6:32 AM
4-traders.com logoVectren : deploys automated meter reading in Montgomery County, Ohio (NYSE:VVC)
www.4-traders.com - January 4 at 9:27 PM
finance.yahoo.com logoVectren (VVC) Stock: Moving Average Crossover Alert (NYSE:VVC)
finance.yahoo.com - December 30 at 8:59 AM
4-traders.com logoVectren : deploys automated meter reading in Montgomery County in Ohio (NYSE:VVC)
www.4-traders.com - December 21 at 3:46 PM
publicnow.com logoVectren deploys automated meter reading in Montgomery County in Ohio (NYSE:VVC)
www.publicnow.com - December 21 at 11:28 AM
publicnow.com logoVectren deploys automated meter reading in Montgomery and Preble Counties in Ohio (NYSE:VVC)
www.publicnow.com - December 21 at 11:28 AM
finance.yahoo.com logoVectren upgraded by Citigroup (NYSE:VVC)
finance.yahoo.com - December 15 at 7:13 AM
seekingalpha.com logoDividend Kings #18: Vectren, What A Pricey Utility! (NYSE:VVC)
seekingalpha.com - December 8 at 4:33 PM
News IconHere is What Hedge Funds Think About Vectren Corporation (VVC) (NYSE:VVC)
feedproxy.google.com - December 8 at 11:48 AM
News IconVectren to be 'Less Reliant' on Coal (NYSE:VVC)
www.insideindianabusiness.com - December 1 at 9:22 PM
marketexclusive.com logoVECTREN CORPORATION (NYSE:VVC) Files An 8-K Other Events (NYSE:VVC)
marketexclusive.com - December 1 at 9:22 PM
biz.yahoo.com logoVECTREN CORP Files SEC form 8-K, Other Events (NYSE:VVC)
biz.yahoo.com - November 30 at 11:27 AM
finance.yahoo.com logo5:05 pm Vectren discloses electric generation diversification intentions during public meeting on Integrated Resource Plan; estimates it would be required to spend approximately $250 mln to comply with CCR and ELG rules (NYSE:VVC)
finance.yahoo.com - November 30 at 11:27 AM
capitalcube.com logoVectren Corp. breached its 50 day moving average in a Bullish Manner : VVC-US : November 23, 2016 (NYSE:VVC)
www.capitalcube.com - November 23 at 11:46 AM
finance.yahoo.com logoVECTREN CORP Financials (NYSE:VVC)
finance.yahoo.com - November 11 at 8:03 PM
publicnow.com logoVectren to deploy automated meter reading in Clinton County, Indiana (NYSE:VVC)
www.publicnow.com - November 9 at 8:29 PM
publicnow.com logoVectren deploys automated meter reading in Knox and Pike Counties in Indiana (NYSE:VVC)
www.publicnow.com - November 9 at 8:29 PM
publicnow.com logoVectren deploys automated meter reading in Montgomery County, Ohio (NYSE:VVC)
www.publicnow.com - November 9 at 8:29 PM
publicnow.com logoGas pipeline upgrades begin in Fairmount, Indiana (NYSE:VVC)
www.publicnow.com - November 9 at 8:29 PM
publicnow.com logoGas pipeline upgrades to begin in Tipp City, Ohio (NYSE:VVC)
www.publicnow.com - November 9 at 8:29 PM
capitalcube.com logoVectren Corp. breached its 50 day moving average in a Bullish Manner : VVC-US : November 8, 2016 (NYSE:VVC)
www.capitalcube.com - November 8 at 1:03 PM
capitalcube.com logoETF’s with exposure to Vectren Corp. : November 7, 2016 (NYSE:VVC)
www.capitalcube.com - November 7 at 9:23 PM
insidermonkey.com logoThree Dividend Kings Raising Dividends For 60+ Years (NYSE:VVC)
www.insidermonkey.com - November 7 at 12:39 PM
publicnow.com logoPipeline integrity management project underway on gas distribution line (NYSE:VVC)
www.publicnow.com - November 7 at 12:39 PM
News IconVectren Profit Jumps (NYSE:VVC)
www.insideindianabusiness.com - November 6 at 6:57 AM
biz.yahoo.com logoVECTREN CORP Files SEC form 8-K, Regulation FD Disclosure (NYSE:VVC)
biz.yahoo.com - November 4 at 7:51 PM
finance.yahoo.com logoEdited Transcript of VVC earnings conference call or presentation 3-Nov-16 6:00pm GMT (NYSE:VVC)
finance.yahoo.com - November 4 at 12:30 PM

Social

What is Vectren Corporation's stock symbol?

Vectren Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "VVC."

How often does Vectren Corporation pay dividends? What is the dividend yield for Vectren Corporation?

Vectren Corporation announced a quarterly dividend on Wednesday, February 1st. Shareholders of record on Wednesday, February 15th will be paid a dividend of $0.42 per share on Wednesday, March 1st. This represents a $1.68 annualized dividend and a yield of 2.99%. The ex-dividend date is Monday, February 13th.

Where is Vectren Corporation's stock going? Where will Vectren Corporation's stock price be in 2017?

4 equities research analysts have issued 12-month price objectives for Vectren Corporation's stock. Their predictions range from $53.00 to $53.00. On average, they expect Vectren Corporation's stock price to reach $53.00 in the next year.

When will Vectren Corporation announce their earnings?

Vectren Corporation is scheduled to release their next quarterly earnings announcement on Monday, May, 8th 2017.

Who owns Vectren Corporation stock?

Vectren Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (6.51%), Franklin Resources Inc. (1.13%), AQR Capital Management LLC (1.03%), Renaissance Technologies LLC (1.00%), Edge Asset Management Inc. (0.72%) and Gabelli Funds LLC (0.66%). Company insiders that own Vectren Corporation stock include John D Engelbrecht and Robert G Jones.

Who sold Vectren Corporation stock? Who is selling Vectren Corporation stock?

Vectren Corporation's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Janus Capital Management LLC, Cadence Bank NA, Two Sigma Investments LP, Guggenheim Capital LLC, Zebra Capital Management LLC, AMG Funds LLC and Allianz Asset Management AG.

Who bought Vectren Corporation stock? Who is buying Vectren Corporation stock?

Vectren Corporation's stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, AQR Capital Management LLC, Edge Asset Management Inc., Comerica Bank, Martingale Asset Management L P, Russell Investments Group Ltd., Raymond James Financial Services Advisors Inc. and GSA Capital Partners LLP. Company insiders that have bought Vectren Corporation stock in the last two years include John D Engelbrecht and Robert G Jones.

How do I buy Vectren Corporation stock?

Shares of Vectren Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Vectren Corporation stock cost?

One share of Vectren Corporation stock can currently be purchased for approximately $56.19.

Vectren Corporation (NYSE:VVC) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Vectren Corporation (NYSE:VVC)

Earnings History Chart

Earnings by Quarter for Vectren Corporation (NYSE:VVC)

Dividend History Chart

Dividend Payments by Quarter for Vectren Corporation (NYSE:VVC)

Last Updated on 2/27/2017 by MarketBeat.com Staff