NYSE:VVC - Vectren Stock Price, News, & Analysis

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$71.68 0.00 (0.00 %)
(As of 12/16/2018 04:00 PM ET)
Previous Close$71.68
Today's Range$71.68 - $71.79
52-Week Range$58.00 - $71.96
Volume605,634 shs
Average Volume723,346 shs
Market Capitalization$5.96 billion
P/E Ratio27.57
Dividend Yield2.68%
Beta0.39
Vectren Corporation provides energy delivery services to residential, commercial, and industrial and other contract customers. The company offers natural gas distribution and transportation services, and electric transmission and distribution services; and owns and operates coal-fired, natural gas or oil-fired, and landfill gas electric generating facilities with an installed generating capacity of 1,248 megawatts. Its electric transmission system consists of approximately 1,028 circuit miles of 345, 138, and 69 kilovolt lines, and 34 substations; and distribution system comprises 4,543 circuit miles of lower voltage overhead lines and 462 trench miles of conduit containing 2,405 circuit miles of underground distribution cable, as well as 85 distribution substations and 54,919 distribution transformers. The company also provides underground pipeline construction and repair services; and energy performance contracting and sustainable infrastructure, such as renewables, distributed generation, and combined heat and power projects, as well as invests in energy-related opportunities and services. It serves various industries comprising automotive assembly, parts, and accessories; feed, flour, and grain processing; metal castings and plastic products; gypsum products; electrical equipment, metal specialties, and glass and steel finishing; pharmaceutical and nutritional products; gasoline and oil products; ethanol; and coal mining. The company supplies natural gas services to approximately 1,022,000 customers in Indiana and Ohio; and electric services to approximately 145,200 customers in Indiana. Vectren Corporation was incorporated in 1999 and is headquartered in Evansville, Indiana.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Gas & other services combined
Sub-IndustryMulti-Utilities
SectorUtilities
Current SymbolNYSE:VVC
Previous Symbol
CUSIP92240G10
Phone812-491-4000

Debt

Debt-to-Equity Ratio1.06
Current Ratio0.69
Quick Ratio0.55

Price-To-Earnings

Trailing P/E Ratio27.57
Forward P/E Ratio24.98
P/E Growth3.57

Sales & Book Value

Annual Sales$2.66 billion
Price / Sales2.24
Cash Flow$5.9289 per share
Price / Cash Flow12.09
Book Value$22.28 per share
Price / Book3.22

Profitability

EPS (Most Recent Fiscal Year)$2.60
Net Income$216 million
Net Margins7.37%
Return on Equity12.10%
Return on Assets3.58%

Miscellaneous

Employees5,500
Outstanding Shares83,080,000
Market Cap$5.96 billion
OptionableOptionable

Vectren (NYSE:VVC) Frequently Asked Questions

What is Vectren's stock symbol?

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

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

Vectren announced a quarterly dividend on Thursday, November 1st. Shareholders of record on Thursday, November 15th will be paid a dividend of $0.48 per share on Monday, December 3rd. This represents a $1.92 annualized dividend and a yield of 2.68%. The ex-dividend date is Wednesday, November 14th. This is a positive change from Vectren's previous quarterly dividend of $0.45. View Vectren's Dividend History.

How were Vectren's earnings last quarter?

Vectren Corp (NYSE:VVC) released its quarterly earnings results on Monday, November, 5th. The utilities provider reported $0.61 EPS for the quarter, missing the consensus estimate of $0.74 by $0.13. The utilities provider had revenue of $665 million for the quarter, compared to the consensus estimate of $707 million. Vectren had a return on equity of 12.10% and a net margin of 7.37%. The firm's quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.75 earnings per share. View Vectren's Earnings History.

When is Vectren's next earnings date?

Vectren is scheduled to release their next quarterly earnings announcement on Tuesday, February 19th 2019. View Earnings Estimates for Vectren.

What guidance has Vectren issued on next quarter's earnings?

Vectren issued an update on its FY18 earnings guidance on Monday, November, 5th. The company provided EPS guidance of $2.80-2.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.88. Vectren also updated its FY 2018 guidance to $2.80-2.90 EPS.

What price target have analysts set for VVC?

4 Wall Street analysts have issued twelve-month price targets for Vectren's stock. Their predictions range from $58.00 to $72.00. On average, they anticipate Vectren's share price to reach $63.6667 in the next year. This suggests that the stock has a possible downside of 11.2%. View Analyst Price Targets for Vectren.

What is the consensus analysts' recommendation for Vectren?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vectren in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Vectren.

Has Vectren been receiving favorable news coverage?

Press coverage about VVC stock has been trending somewhat positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Vectren earned a coverage optimism score of 1.0 on InfoTrie's scale. They also gave headlines about the utilities provider a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Are investors shorting Vectren?

Vectren saw a increase in short interest in the month of November. As of November 30th, there was short interest totalling 2,667,951 shares, an increase of 45.3% from the November 15th total of 1,836,053 shares. Based on an average daily volume of 856,644 shares, the days-to-cover ratio is presently 3.1 days. Approximately 3.2% of the shares of the company are sold short. View Vectren's Current Options Chain.

Who are some of Vectren's key competitors?

Who are Vectren's key executives?

Vectren's management team includes the folowing people:
  • Mr. Carl L. Chapman, Chairman, Pres & CEO (Age 62)
  • Ms. M. Susan Hardwick, Exec. VP & CFO (Age 55)
  • Mr. Eric J. Schach, Exec. VP & COO (Age 55)
  • Mr. Ronald E. Christian, Exec. VP, Chief Legal & External Affairs Officer and Corp. Sec. (Age 60)
  • Mr. L. Douglas Petitt, Chief Information Officer & VP of Information Technology

Who are Vectren's major shareholders?

Vectren's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.28%), Vanguard Group Inc (10.28%), BlackRock Inc. (8.77%), Alpine Associates Management Inc. (2.17%), Renaissance Technologies LLC (1.74%) and Bank of New York Mellon Corp (1.38%). Company insiders that own Vectren stock include Derrick Burks and Merchant Fund LP Palos. View Institutional Ownership Trends for Vectren.

Which institutional investors are selling Vectren stock?

VVC stock was sold by a variety of institutional investors in the last quarter, including Duff & Phelps Investment Management Co., Deutsche Bank AG, The Manufacturers Life Insurance Company , Franklin Resources Inc., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, TIAA CREF Investment Management LLC, Laurion Capital Management LP and Los Angeles Capital Management & Equity Research Inc.. View Insider Buying and Selling for Vectren.

Which institutional investors are buying Vectren stock?

VVC stock was acquired by a variety of institutional investors in the last quarter, including Alpine Associates Management Inc., FIL Ltd, Marshall Wace LLP, Vanguard Group Inc, Vanguard Group Inc., Water Island Capital LLC, Canada Pension Plan Investment Board and Vertex One Asset Management Inc.. View Insider Buying and Selling for Vectren.

How do I buy shares of Vectren?

Shares of VVC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Vectren's stock price today?

One share of VVC stock can currently be purchased for approximately $71.68.

How big of a company is Vectren?

Vectren has a market capitalization of $5.96 billion and generates $2.66 billion in revenue each year. The utilities provider earns $216 million in net income (profit) each year or $2.60 on an earnings per share basis. Vectren employs 5,500 workers across the globe.

What is Vectren's official website?

The official website for Vectren is http://www.vectren.com.

How can I contact Vectren?

Vectren's mailing address is ONE VECTREN SQUARE, EVANSVILLE IN, 47708. The utilities provider can be reached via phone at 812-491-4000 or via email at [email protected]


MarketBeat Community Rating for Vectren (NYSE VVC)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  205 (Vote Outperform)
Underperform Votes:  289 (Vote Underperform)
Total Votes:  494
MarketBeat's community ratings are surveys of what our community members think about Vectren and other stocks. Vote "Outperform" if you believe VVC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VVC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/16/2018 by MarketBeat.com Staff

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