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 - NEC
  • Sub-Industry: Multi-Utilities
  • Symbol: NYSE:VVC
  • CUSIP: 92240G10
  • Web: www.vectren.com
Capitalization:
  • Market Cap: $4.97 billion
  • Outstanding Shares: 82,953,000
Average Prices:
  • 50 Day Moving Avg: $59.67
  • 200 Day Moving Avg: $58.02
  • 52 Week Range: $46.52 - $62.79
P/E:
  • Trailing P/E Ratio: 22.64
  • Foreward P/E Ratio: 21.39
  • P/E Growth: 4.15
Sales & Book Value:
  • Annual Revenue: $2.49 billion
  • Price / Sales: 2.00
  • Book Value: $21.57 per share
  • Price / Book: 2.78
Dividend:
  • Annual Dividend: $1.68
  • Dividend Yield: 2.8%
Profitability:
  • EBIDTA: $654.6 million
  • Net Margins: 8.79%
  • Return on Equity: 12.51%
  • Return on Assets: 3.89%
Debt:
  • Debt-to-Equity Ratio: 0.89%
  • Current Ratio: 0.78%
  • Quick Ratio: 0.60%
Misc:
  • Average Volume: 314,402 shs.
  • Beta: 0.81
  • Short Ratio: 2.53
 
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 Wednesday, April 12th. Stockholders of record on Monday, May 15th will be given a dividend of $0.42 per share on Thursday, June 1st. This represents a $1.68 annualized dividend and a dividend yield of 2.81%. The ex-dividend date of this dividend is Thursday, May 11th. View Vectren Corporation's Dividend History.

How were Vectren Corporation's earnings last quarter?

Vectren Corporation (NYSE:VVC) released its quarterly earnings data on Monday, May, 8th. The company reported $0.67 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.65 by $0.02. The company earned $624.50 million during the quarter, compared to analyst estimates of $595.84 million. Vectren Corporation had a return on equity of 12.51% and a net margin of 8.79%. Vectren Corporation's quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.58 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 Thursday, August, 3rd 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 Friday, May, 19th. The company provided earnings per share (EPS) guidance of $2.55-2.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.62.

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

3 analysts have issued 1 year price objectives for Vectren Corporation's stock. Their predictions 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.

Are investors shorting Vectren Corporation?

Vectren Corporation saw a increase in short interest during the month of June. As of June 15th, there was short interest totalling 1,033,715 shares, an increase of 75.4% from the May 31st total of 589,207 shares. Based on an average trading volume of 319,033 shares, the short-interest ratio is currently 3.2 days. Approximately 1.2% of the company's stock are short sold.

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 a variety of of institutional and retail investors. Top institutional investors include Vaughan Nelson Investment Management L.P. (1.14%), First Quadrant L P CA (0.63%), Dalton Greiner Hartman Maher & Co. (0.36%), State Treasurer State of Michigan (0.31%), James Investment Research Inc. (0.22%) and OLD National Bancorp IN (0.21%). 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 Bank of Montreal Can, Aperio Group LLC, OLD National Bancorp IN, Municipal Employees Retirement System of Michigan, Lynch & Associates IN, US Bancorp DE, First Merchants Corp and Benjamin F. Edwards & Company 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 James Investment Research Inc., Meeder Asset Management Inc., Vaughan Nelson Investment Management L.P., ING Groep NV, Dalton Greiner Hartman Maher & Co., Fox Run Management L.L.C., Russell Investments Group Ltd. and Breton Hill Capital Ltd.. 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 $59.89.


MarketBeat Community Rating for Vectren Corporation (NYSE VVC)
Community Ranking:  1.3 out of 5 ()
Outperform Votes:  60 (Vote Outperform)
Underperform Votes:  165 (Vote Underperform)
Total Votes:  225
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 (10.20% 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 7/27/2015 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
8/3/2017$0.45N/AView 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:6/1/2017
Annual Dividend:$1.68
Dividend Yield:2.81%
Dividend Growth:4.40% (3 Year Average)
Payout Ratio:63.64% (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
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: 64.65%
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 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
finance.yahoo.com logoETFs with exposure to Vectren Corp. : July 13, 2017
finance.yahoo.com - July 14 at 9:51 AM
americanbankingnews.com logoZacks Investment Research Upgrades Vectren Corporation (NYSE:VVC) to "Buy"
www.americanbankingnews.com - July 13 at 10:25 AM
americanbankingnews.com logoVectren Corporation (NYSE:VVC) Downgraded by BidaskClub
www.americanbankingnews.com - July 12 at 9:36 PM
nasdaq.com logoShares of VVC Now Oversold
www.nasdaq.com - July 12 at 3:24 PM
americanbankingnews.com logoZacks: Vectren Corporation (NYSE:VVC) Given $56.33 Average Price Target by Analysts
www.americanbankingnews.com - July 11 at 6:22 PM
finance.yahoo.com logoVectren Schedules 2017 Second Quarter Earnings Release and Conference Call
finance.yahoo.com - July 11 at 9:27 AM
finance.yahoo.com logoETFs with exposure to Vectren Corp. : July 3, 2017
finance.yahoo.com - July 4 at 8:42 AM
americanbankingnews.com logo$0.44 EPS Expected for Vectren Corporation (NYSE:VVC) This Quarter
www.americanbankingnews.com - July 3 at 9:14 AM
americanbankingnews.com logoVectren Corporation (NYSE:VVC) Sees Large Growth in Short Interest
www.americanbankingnews.com - July 3 at 7:14 AM
americanbankingnews.com logoVectren Corporation (VVC) Downgraded to "Sell" at BidaskClub
www.americanbankingnews.com - July 1 at 3:10 PM
americanbankingnews.com logoFinancial Review: JP Energy Partners (JPEP) versus Vectren Corporation (VVC)
www.americanbankingnews.com - June 26 at 7:56 AM
americanbankingnews.com logoZacks: Analysts Set $56.33 Target Price for Vectren Corporation (VVC)
www.americanbankingnews.com - June 26 at 7:51 AM
finance.yahoo.com logoVectren Corp. breached its 50 day moving average in a Bearish Manner : VVC-US : June 23, 2017
finance.yahoo.com - June 24 at 7:47 AM
finance.yahoo.com logoETFs with exposure to Vectren Corp. : June 22, 2017
finance.yahoo.com - June 22 at 7:40 PM
finance.yahoo.com logoVectren Corp. :VVC-US: Earnings Analysis: Q1, 2017 By the Numbers : June 21, 2017
finance.yahoo.com - June 22 at 2:39 PM
americanbankingnews.com logoBidaskClub Upgrades Vectren Corp (VVC) to Buy
www.americanbankingnews.com - June 21 at 3:10 PM
americanbankingnews.com logoVectren Corporation (VVC) Raised to Hold at Zacks Investment Research
www.americanbankingnews.com - June 20 at 2:24 PM
americanbankingnews.com logoFY2018 EPS Estimates for Vectren Corporation Raised by KeyCorp (VVC)
www.americanbankingnews.com - June 19 at 7:26 AM
americanbankingnews.com logoShort Interest in Vectren Corporation (VVC) Declines By 55.2%
www.americanbankingnews.com - June 17 at 7:10 AM
americanbankingnews.com logoVectren Corporation (VVC) Cut to "Hold" at BidaskClub
www.americanbankingnews.com - June 15 at 3:16 PM
americanbankingnews.com logoBrokerages Expect Vectren Corp (VVC) to Announce $0.44 EPS
www.americanbankingnews.com - June 9 at 8:57 AM
americanbankingnews.com logo Analysts Expect Vectren Corp (VVC) Will Announce Earnings of $0.44 Per Share
www.americanbankingnews.com - June 7 at 8:24 AM
finance.yahoo.com logoGlenville State College Saves Energy and Resources
finance.yahoo.com - June 7 at 12:55 AM
finance.yahoo.com logoEnergy Systems Group Awarded U.S. DOE IDIQ Contract for Federal Energy Savings Performance Contracts
finance.yahoo.com - June 6 at 1:53 AM
americanbankingnews.com logoVectren Corp (VVC) Short Interest Update
www.americanbankingnews.com - May 31 at 7:04 AM
americanbankingnews.com logoBrokerages Expect Vectren Corp (VVC) to Post $0.44 EPS
www.americanbankingnews.com - May 25 at 7:34 AM
seekingalpha.com logoVectren Corporation (VVC) Presents At American Gas Association Financial Forum - Slideshow
seekingalpha.com - May 23 at 8:00 PM
americanbankingnews.com logoVectren Corp (VVC) Issues FY17 Earnings Guidance
www.americanbankingnews.com - May 19 at 9:26 PM
finance.yahoo.com logoUSCG Base Portsmouth Wins Award for Upgraded Infrastructure and First Ever Homeland Security Microgrid Study
finance.yahoo.com - May 19 at 1:42 PM
finance.yahoo.com logoVectren Corp. : VVC-US: Dividend Analysis : May 15th, 2017 (record date) : By the numbers : May 11, 2017
finance.yahoo.com - May 12 at 4:19 AM
americanbankingnews.com logo Brokerages Expect Vectren Corp (VVC) Will Post Earnings of $0.41 Per Share
www.americanbankingnews.com - May 11 at 9:06 AM
americanbankingnews.com logoVectren Corp (VVC) Given "Buy" Rating at Citigroup Inc
www.americanbankingnews.com - May 9 at 1:58 PM
finance.yahoo.com logoEdited Transcript of VVC earnings conference call or presentation 8-May-17 6:00pm GMT
finance.yahoo.com - May 9 at 9:40 AM
streetinsider.com logoVectren Corp. (VVC) Tops Q1 EPS by 2c, Affirms Guidance
www.streetinsider.com - May 8 at 8:08 PM
seekingalpha.com logoVectren's (VVC) CEO Carl Chapman on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 8 at 8:08 PM
americanbankingnews.com logoVectren Corp (VVC) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 8 at 1:58 PM
americanbankingnews.com logoVectren Corp (VVC) Releases FY17 Earnings Guidance
www.americanbankingnews.com - May 8 at 11:24 AM
rttnews.com logoVectren Corp. Q1 Earnings Climb 15%
www.rttnews.com - May 8 at 8:56 AM
marketbeat.com logoVectren beats 1Q profit forecasts
marketbeat.com - May 8 at 7:06 AM
americanbankingnews.com logoVectren Corp (VVC) to Release Earnings on Monday
www.americanbankingnews.com - May 6 at 7:06 AM
americanbankingnews.com logo Vectren Corp (VVC) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - May 4 at 10:02 AM
americanbankingnews.com logoVectren Corp (VVC) Earns Coverage Optimism Score of 0.50
www.americanbankingnews.com - May 2 at 1:18 PM
americanbankingnews.com logoPositive News Coverage Somewhat Likely to Affect Vectren Corp (VVC) Share Price
www.americanbankingnews.com - April 29 at 10:48 AM
americanbankingnews.com logoVectren Corp (VVC) Receiving Somewhat Positive Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 26 at 10:13 AM

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Chart

Vectren Corporation (VVC) Chart for Thursday, July, 27, 2017

This page was last updated on 7/27/2017 by MarketBeat.com Staff