Vectren Corporation Company Profile (NYSE:VVC)

About Vectren Corporation (NYSE:VVC)

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: Natural Gas Utilities
  • Sub-Industry: Multi-Utilities
  • Symbol: NYSE:VVC
  • CUSIP: 92240G10
  • Web: www.vectren.com
Capitalization:
  • Market Cap: $5.45503 billion
  • Outstanding Shares: 82,978,000
Average Prices:
  • 50 Day Moving Avg: $64.01
  • 200 Day Moving Avg: $60.45
  • 52 Week Range: $46.52 - $68.30
P/E:
  • Trailing P/E Ratio: 24.45
  • Foreward P/E Ratio: 23.48
  • P/E Growth: 4.63
Sales & Book Value:
  • Annual Revenue: $2.59 billion
  • Price / Sales: 2.11
  • Book Value: $21.62 per share
  • Price / Book: 3.04
Dividend:
  • Annual Dividend: $1.68
  • Dividend Yield: 2.6%
Profitability:
  • EBIDTA: $668.6 million
  • Net Margins: 8.66%
  • Return on Equity: 12.65%
  • Return on Assets: 3.90%
Debt:
  • Debt-to-Equity Ratio: 0.89%
  • Current Ratio: 0.70%
  • Quick Ratio: 0.55%
Misc:
  • Average Volume: 338,944 shs.
  • Beta: 0.81
 

Frequently Asked Questions for Vectren Corporation (NYSE:VVC)

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 Thursday, August 3rd. Investors of record on Tuesday, August 15th will be paid a dividend of $0.42 per share on Friday, September 1st. This represents a $1.68 annualized dividend and a yield of 2.56%. The ex-dividend date is Friday, August 11th. View Vectren Corporation's Dividend History.

How were Vectren Corporation's earnings last quarter?

Vectren Corporation (NYSE:VVC) announced its earnings results on Thursday, August, 3rd. The company reported $0.45 EPS for the quarter, beating the Zacks' consensus estimate of $0.43 by $0.02. The firm had revenue of $630.70 million for the quarter, compared to analyst estimates of $565.12 million. Vectren Corporation had a return on equity of 12.65% and a net margin of 8.66%. Vectren Corporation's revenue for the quarter was up 18.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.39 EPS. View Vectren Corporation's Earnings History.

When will Vectren Corporation make its next earnings announcement?

Vectren Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Vectren Corporation.

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

Vectren Corporation issued an update on its FY17 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of $2.55-$2.65 for the period, compared to the Thomson Reuters consensus estimate of $2.62.

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

3 equities research analysts have issued 1-year target prices for Vectren Corporation's stock. Their forecasts range from $66.00 to $66.00. On average, they anticipate Vectren Corporation's share price to reach $66.00 in the next year. View Analyst Ratings for Vectren Corporation.

Who are some of Vectren Corporation's key competitors?

Who are Vectren Corporation's key executives?

Vectren Corporation's management team includes the folowing people:

  • Carl L. Chapman, Chairman of the Board, President, Chief Executive Officer
  • M. Susan Hardwick, Chief Financial Officer, Executive Vice President
  • Eric J. Schach, Chief Operating Officer, Executive Vice President
  • Ronald E. Christian, Executive Vice President, Chief Legal and External Affairs Officer, Corporate Secretary
  • Jean L. Wojtowicz, Lead Independent Director
  • James H. DeGraffenreidt Jr., Independent Director
  • John D. Engelbrecht, Independent Director
  • Anton H. George, Independent Director
  • Robert G. Jones, Independent Director

Who owns Vectren Corporation stock?

Vectren Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.11%), BlackRock Inc. (8.81%), State Street Corp (7.00%), Duff & Phelps Investment Management Co. (1.89%), Bank of New York Mellon Corp (1.87%) and Principal Financial Group Inc. (1.59%). Company insiders that own Vectren Corporation stock include John D Engelbrecht and Robert G Jones. View Institutional Ownership Trends for Vectren Corporation.

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 Goldman Sachs Group Inc., First Trust Advisors LP, BlackRock Inc., Prudential Financial Inc., AJO LP, Renaissance Technologies LLC, BlueCrest Capital Management Ltd and Opus Investment Management Inc.. View Insider Buying and Selling for Vectren Corporation.

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

Vectren Corporation's stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Principal Financial Group Inc., Arrowstreet Capital Limited Partnership, Vanguard Group Inc., Janus Henderson Group PLC, James Investment Research Inc., Los Angeles Capital Management & Equity Research Inc. and AHL Partners LLP. Company insiders that have bought Vectren Corporation stock in the last two years include John D Engelbrecht and Robert G Jones. View Insider Buying and Selling for Vectren Corporation.

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.

What is Vectren Corporation's stock price today?

One share of Vectren Corporation stock can currently be purchased for approximately $65.74.


MarketBeat Community Rating for Vectren Corporation (NYSE VVC)
Community Ranking:  1.4 out of 5 (star)
Outperform Votes:  76 (Vote Outperform)
Underperform Votes:  188 (Vote Underperform)
Total Votes:  264
MarketBeat's community ratings are surveys of what our community members think about Vectren Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Vectren Corporation (NYSE:VVC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $66.00 (0.40% upside)

Analysts' Ratings History for Vectren Corporation (NYSE:VVC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/9/2017Citigroup Inc.Boost Price TargetBuy$58.00 -> $66.00LowView Rating Details
1/12/2017KeyCorpUpgradeSector Weight -> OverweightN/AView Rating Details
1/9/2017GuggenheimUpgradeNeutral -> BuyN/AView Rating Details
5/19/2016US Capital AdvisorsDowngradeOverweight -> HoldN/AView Rating Details
(Data available from 9/22/2015 forward)

Earnings

Earnings History for Vectren Corporation (NYSE:VVC)
Earnings by Quarter for Vectren Corporation (NYSE:VVC)
Earnings History by Quarter for Vectren Corporation (NYSE VVC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2017N/AView Earnings Details
8/3/2017Q2 2017$0.43$0.45$565.12 million$630.70 millionViewListenView Earnings Details
5/8/2017Q1 2017$0.65$0.67$595.84 million$624.50 millionViewListenView Earnings Details
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)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.68$0.68$0.68
Q2 20171$0.41$0.41$0.41
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Vectren Corporation (NYSE:VVC)
Most Recent Dividend:9/1/2017
Annual Dividend:$1.68
Dividend Yield:2.56%
Dividend Growth:4.40% (3 Year Average)
Payout Ratio:62.22% (Trailing 12 Months of Earnings)
64.12% (Based on This Year's Estimates)
60.00% (Based on Next Year's Estimates)
Track Record:57 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Vectren Corporation (NYSE:VVC)

Dividend History by Quarter for Vectren Corporation (NYSE VVC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/3/2017quarterly$0.422.78%8/11/20178/15/20179/1/2017
4/12/2017quarterly$0.422.84%5/11/20175/15/20176/1/2017
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 and Institutional Ownership History for Vectren Corporation (NYSE:VVC)
Insider Ownership Percentage: 0.14%
Institutional Ownership Percentage: 63.11%
Insider Trades by Quarter for Vectren Corporation (NYSE:VVC)
Institutional Ownership by Quarter for Vectren Corporation (NYSE:VVC)
Insider Trades by Quarter for Vectren Corporation (NYSE:VVC)
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

Headline Trends for Vectren Corporation (NYSE:VVC)
Latest Headlines for Vectren Corporation (NYSE:VVC)
Source:
DateHeadline
americanbankingnews.com logoZacks: Analysts Set $60.00 Price Target for Vectren Corporation (VVC)
www.americanbankingnews.com - September 22 at 12:22 AM
americanbankingnews.com logoContrasting National Fuel Gas (NFG) and Vectren Corporation (VVC)
www.americanbankingnews.com - September 19 at 6:30 AM
americanbankingnews.com logoHead to Head Survey: Vectren Corporation (VVC) versus National Fuel Gas (NFG)
www.americanbankingnews.com - September 18 at 4:30 PM
americanbankingnews.com logoFinancial Review: Northwest Natural Gas (NWN) and Vectren Corporation (VVC)
www.americanbankingnews.com - September 17 at 12:32 AM
finance.yahoo.com logoVectren Corp. : VVC-US: Dividend Analysis : August 15th, 2017 (record date) : By the numbers : September 13, 2017
finance.yahoo.com - September 13 at 4:03 PM
finance.yahoo.com logoETFs with exposure to Vectren Corp. : September 12, 2017
finance.yahoo.com - September 12 at 12:04 PM
americanbankingnews.com logoVectren Corporation (VVC) Upgraded to Hold by Zacks Investment Research
www.americanbankingnews.com - September 12 at 12:00 PM
americanbankingnews.com logoReviewing WGL Holdings (WGL) & Vectren Corporation (VVC)
www.americanbankingnews.com - September 12 at 12:48 AM
americanbankingnews.com logoNorthwest Natural Gas (NWN) & Vectren Corporation (VVC) Head-To-Head Contrast
www.americanbankingnews.com - September 5 at 8:46 PM
americanbankingnews.com logo Vectren Corporation (VVC) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - September 5 at 2:22 AM
americanbankingnews.com logoAtmos Energy Corporation (ATO) versus Vectren Corporation (VVC) Financial Comparison
www.americanbankingnews.com - September 3 at 10:24 PM
americanbankingnews.com logoCritical Contrast: Vectren Corporation (VVC) versus National Fuel Gas (NFG)
www.americanbankingnews.com - September 3 at 2:12 AM
finance.yahoo.com logoETFs with exposure to Vectren Corp. : September 2, 2017
finance.yahoo.com - September 2 at 10:21 AM
americanbankingnews.com logo$0.67 Earnings Per Share Expected for Vectren Corp (VVC) This Quarter
www.americanbankingnews.com - September 2 at 12:28 AM
americanbankingnews.com logoFinancial Contrast: Vectren Corporation (VVC) versus Northwest Natural Gas (NWN)
www.americanbankingnews.com - September 1 at 4:16 AM
americanbankingnews.com logoReviewing National Fuel Gas (NFG) and Vectren Corporation (VVC)
www.americanbankingnews.com - August 30 at 12:18 PM
finance.yahoo.com logoVectren Corp. :VVC-US: Earnings Analysis: Q2, 2017 By the Numbers : August 28, 2017
finance.yahoo.com - August 29 at 9:33 AM
americanbankingnews.com logoContrasting National Fuel Gas (NFG) & Vectren Corporation (VVC)
www.americanbankingnews.com - August 25 at 8:18 PM
americanbankingnews.com logoVectren Corporation (VVC) Upgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - August 25 at 9:42 AM
streetinsider.com logoVectren Corp. (VVC) to Consider Sale Following Takeover Interest - Bloomberg
www.streetinsider.com - August 23 at 6:50 PM
rttnews.com logoVectren Corp. (VVC) Spiked To A New High On Reports Of Takeover Interest
www.rttnews.com - August 23 at 6:50 PM
finance.yahoo.com logoVectren Considers Options After Takeover Interest
finance.yahoo.com - August 23 at 1:46 PM
americanbankingnews.com logoVectren Corporation (VVC) Rating Increased to Buy at BidaskClub
www.americanbankingnews.com - August 23 at 8:37 AM
feeds.benzinga.com logoWall Street's M&A Chatter From August 22: Bear State-AC Arvest Bank, Fiat Chrysler, Vectren
feeds.benzinga.com - August 23 at 7:40 AM
seekingalpha.com logoBloomberg: Vectren mulling options; shares up 8%
seekingalpha.com - August 22 at 4:22 PM
americanbankingnews.com logo Vectren Corporation (VVC) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - August 20 at 2:06 AM
americanbankingnews.com logoVectren Corporation (VVC) Short Interest Down 41.3% in July
www.americanbankingnews.com - August 17 at 1:30 AM
americanbankingnews.com logoAnalyzing Questar (STR) & Vectren Corporation (VVC)
www.americanbankingnews.com - August 16 at 12:26 PM
americanbankingnews.com logoVectren Corporation (VVC) Downgraded to Sell at Zacks Investment Research
www.americanbankingnews.com - August 16 at 8:02 AM
americanbankingnews.com logoZacks: Analysts Anticipate Vectren Corporation (NYSE:VVC) to Announce $0.67 Earnings Per Share
www.americanbankingnews.com - August 14 at 12:52 PM
americanbankingnews.com logoComparing Piedmont Natural Gas (PNY) and Vectren Corporation (NYSE:VVC)
www.americanbankingnews.com - August 6 at 8:06 AM
rttnews.com logoVectren Corp. Q2 Profit Climbs 16%
www.rttnews.com - August 5 at 8:23 AM
seekingalpha.com logoVectren's (VVC) CEO Carl Chapman on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 5 at 8:23 AM
finance.yahoo.com logoEdited Transcript of VVC earnings conference call or presentation 4-Aug-17 6:00pm GMT
finance.yahoo.com - August 5 at 8:23 AM
americanbankingnews.com logoVectren Corporation (VVC) Lifted to "Hold" at BidaskClub
www.americanbankingnews.com - August 4 at 7:26 PM
americanbankingnews.com logoVectren Corporation (NYSE:VVC) Posts Earnings Results, Beats Expectations By $0.01 EPS
www.americanbankingnews.com - August 4 at 5:26 PM
americanbankingnews.com logo Analysts Set $56.33 Price Target for Vectren Corporation (NYSE:VVC)
www.americanbankingnews.com - August 4 at 12:28 PM
finance.yahoo.com logoVectren Corporation Reports Second Quarter 2017 Results; Affirms 2017 Guidance
finance.yahoo.com - August 4 at 9:51 AM
finance.yahoo.com logoVectren beats 2Q profit forecasts
finance.yahoo.com - August 4 at 9:51 AM
finance.yahoo.com logoInvestor Network: Vectren Corporation to Host Earnings Call
finance.yahoo.com - August 4 at 9:51 AM
americanbankingnews.com logoVectren Corporation (NYSE:VVC) Issues FY17 Earnings Guidance
www.americanbankingnews.com - August 3 at 9:40 PM
americanbankingnews.com logoVectren Corporation Announces Quarterly Dividend of $0.42 (NYSE:VVC)
www.americanbankingnews.com - August 3 at 7:38 PM
americanbankingnews.com logo Vectren Corporation (NYSE:VVC) Given $56.33 Average Target Price by Brokerages
www.americanbankingnews.com - July 31 at 12:25 PM
americanbankingnews.com logoReviewing Spire (SR) & Vectren Corporation (VVC)
www.americanbankingnews.com - July 29 at 12:25 AM
americanbankingnews.com logoVectren Corporation (VVC) to Release Earnings on Thursday
www.americanbankingnews.com - July 27 at 7:48 AM
americanbankingnews.com logo Brokerages Set $56.33 Price Target for Vectren Corporation (VVC)
www.americanbankingnews.com - July 26 at 6:29 PM
americanbankingnews.com logoReviewing Vectren Corporation (NYSE:VVC) & Piedmont Natural Gas (PNY)
www.americanbankingnews.com - July 26 at 9:24 AM
americanbankingnews.com logoVectren Corporation (VVC) to Post Q2 2017 Earnings of $0.41 Per Share, KeyCorp Forecasts
www.americanbankingnews.com - July 26 at 8:15 AM
finance.yahoo.com logoVectren Corp. breached its 50 day moving average in a Bullish Manner : VVC-US : July 24, 2017
finance.yahoo.com - July 25 at 8:23 AM
americanbankingnews.com logoVectren Corporation (NYSE:VVC) Upgraded to Sell by BidaskClub
www.americanbankingnews.com - July 24 at 11:32 PM

Social

Chart

Vectren Corporation (VVC) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff