About Vectren (NYSE:VVC)
Vectren 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
Industry Natural Gas Utilities
Trailing P/E Ratio23.97
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$2.66 billion
Price / Sales1.92
Cash Flow$5.59 per share
Price / Cash10.99
Book Value$21.34 per share
Price / Book2.88
Net Income$211.60 million
Return on Equity11.99%
Return on Assets3.67%
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 declared a quarterly dividend on Thursday, February 1st. Shareholders of record on Thursday, February 15th will be given a dividend of $0.45 per share on Thursday, March 1st. This represents a $1.80 annualized dividend and a yield of 2.93%. The ex-dividend date is Wednesday, February 14th. View Vectren's Dividend History.
How were Vectren's earnings last quarter?
Vectren Corp (NYSE:VVC) posted its quarterly earnings results on Tuesday, February, 20th. The utilities provider reported $0.74 EPS for the quarter, missing analysts' consensus estimates of $0.76 by $0.02. The utilities provider had revenue of $711 million for the quarter, compared to the consensus estimate of $620 million. Vectren had a net margin of 8.13% and a return on equity of 11.99%. Vectren's revenue for the quarter was up 1.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.84 earnings per share. View Vectren's Earnings History.
When will Vectren make its next earnings announcement?
What guidance has Vectren issued on next quarter's earnings?
Vectren updated its FY18 earnings guidance on Tuesday, February, 20th. The company provided EPS guidance of $2.80-2.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.85.
Where is Vectren's stock going? Where will Vectren's stock price be in 2018?
3 equities research analysts have issued 12-month price objectives for Vectren's stock. Their forecasts range from $58.00 to $75.00. On average, they anticipate Vectren's stock price to reach $66.50 in the next twelve months. View Analyst Ratings for Vectren.
Who are some of Vectren's key competitors?
Some companies that are related to Vectren include Centrica (CPYYY), Regency Energy Partners (RGP), Emera (EMA), APA Group (APA), Huaneng Power International (HNP), Atmos Energy (ATO), Terna - Rete Elettrica Nazionale (TRN), Alliant Energy (LNT), Pinnacle West Capital (PNW), SUEZ (SZEVY), NRG Energy (NRG), Vistra Energy (VST), Southern Company Gas (GAS), NiSource (NI), Centrica (CNA), Enel Generacion Chile (EOCC), Companhia de Saneamento Basico (SBS) and UGI (UGI).
Who are Vectren's key executives?
Vectren's management team includes the folowing people:
- Carl L. Chapman, Chairman of the Board, President, Chief Executive Officer (Age 61)
- M. Susan Hardwick, Chief Financial Officer, Executive Vice President (Age 54)
- Eric J. Schach, Chief Operating Officer, Executive Vice President (Age 54)
- Ronald E. Christian, Executive Vice President, Chief Legal and External Affairs Officer, Corporate Secretary (Age 59)
- Jean L. Wojtowicz, Lead Independent Director (Age 59)
- Derrick Burks, Director (Age 61)
- James H. DeGraffenreidt Jr., Independent Director (Age 63)
- John D. Engelbrecht, Independent Director (Age 65)
- Anton H. George, Independent Director (Age 57)
Who owns Vectren stock?
Vectren's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.05%), Bank of New York Mellon Corp (1.65%), Renaissance Technologies LLC (1.27%), The Manufacturers Life Insurance Company (1.27%), Arrowstreet Capital Limited Partnership (1.25%) and Franklin Resources Inc. (1.22%). Company insiders that own Vectren stock include Derrick Burks, John D Engelbrecht and Merchant Fund LP Palos. View Institutional Ownership Trends for Vectren.
Who sold Vectren stock? Who is selling Vectren stock?
Vectren's stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Millennium Management LLC, Caisse DE Depot ET Placement DU Quebec, Bank of New York Mellon Corp, First Trust Advisors LP, Goldman Sachs Group Inc., Metropolitan Life Insurance Co. NY and The Manufacturers Life Insurance Company . View Insider Buying and Selling for Vectren.
Who bought Vectren stock? Who is buying Vectren stock?
Vectren's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Arrowstreet Capital Limited Partnership, Wells Fargo & Company MN, APG Asset Management N.V., Allianz Asset Management GmbH, Renaissance Technologies LLC, Franklin Resources Inc. and MetLife Investment Advisors LLC. Company insiders that have bought Vectren stock in the last two years include Derrick Burks and John D Engelbrecht. View Insider Buying and Selling for Vectren.
How do I buy Vectren stock?
Shares of Vectren 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 Vectren stock can currently be purchased for approximately $61.46.
How big of a company is Vectren?
Vectren has a market capitalization of $5.19 billion and generates $2.66 billion in revenue each year. The utilities provider earns $211.60 million in net income (profit) each year or $2.61 on an earnings per share basis. Vectren employs 5,800 workers across the globe.
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 (VVC)MarketBeat's community ratings are surveys of what our community members think about Vectren 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.
Vectren (NYSE:VVC) Earnings History and Estimates Chart
Vectren (NYSE VVC) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/20/2018||Q4 2017||$0.76||$0.74||$620.00 million||$711.00 million||View||N/A|
|11/2/2017||Q3 2017||$0.67||$0.75||$615.00 million||$691.20 million||View||N/A|
|8/3/2017||Q2 2017||$0.43||$0.45||$565.12 million||$630.70 million||View||Listen|
|5/8/2017||Q1 2017||$0.65||$0.67||$595.84 million||$624.50 million||View||Listen|
|2/22/2017||Q416||$0.79||$0.84||$618.60 million||$699.00 million||View||N/A|
|11/2/2016||Q316||$0.64||$0.74||$611.78 million||$631.00 million||View||N/A|
|8/3/2016||Q216||$0.43||$0.39||$585.40 million||$533.70 million||View||N/A|
|5/9/2016||Q116||$0.69||$0.58||$648.30 million||$584.80 million||View||N/A|
|2/22/2016||Q415||$0.70||$0.79||$695.24 million||$604.00 million||View||Listen|
|11/5/2015||Q315||$0.62||$0.48||$596.25 million||$573.50 million||View||N/A|
|8/5/2015||Q215||$0.41||$0.43||$526.03 million||$551.00 million||View||N/A|
|5/6/2015||Q115||$0.74||$0.69||$768.00 million||$706.20 million||View||N/A|
|2/16/2015||Q414||$0.71||$0.68||$650.30 million||$676.80 million||View||N/A|
|11/6/2014||Q314||$0.58||$0.60||$529.20 million||$595.60 million||View||N/A|
|8/4/2014||Q214||$0.38||$0.37||$572.05 million||$542.50 million||View||N/A|
|5/12/2014||Q114||$0.73||$0.62||$747.11 million||$796.80 million||View||N/A|
|2/19/2014||Q413||$0.58||$0.60||$638.60 million||$638.60 million||View||N/A|
|11/8/2013||Q313||$0.49||$0.50||$541.96 million||$579.60 million||View||N/A|
|7/31/2013||Q2 2013||$0.30||$0.33||$509.12 million||$531.00 million||View||N/A|
|5/1/2013||Q1 2013||$0.66||$0.61||$591.45 million||$700.60 million||View||N/A|
|2/14/2013||Q4 2012||$0.45||$0.52||$607.70 million||$644.10 million||View||N/A|
|11/5/2012||Q312||$0.33||$0.48||$522.22 million||$513.50 million||View||N/A|
Vectren (NYSE:VVC) Earnings Estimates
Current Year EPS Consensus Estimate: $2.86 EPS
Vectren (NYSE:VVC) Dividend Information
|Dividend Growth:||5.40% (3 Year Average)|
|Payout Ratio:||68.97% (Trailing 12 Months of Earnings) |
62.94% (Based on This Year's Estimates)
|Track Record:||58 Years of Consecutive Dividend Growth|
Vectren (NYSE:VVC) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Vectren (NYSE VVC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.14%
Institutional Ownership Percentage: 63.71%
Vectren (NYSE VVC) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|9/28/2017||Derrick Burks||Director||Buy||1,000||$65.60||$65,600.00||1,000|| |
|3/24/2017||Merchant Fund L.P. Palos||Insider||Sell||738,000||$0.03||$22,140.00|
|3/16/2017||Merchant Fund L.P. Palos||Insider||Sell||3,250,000||$0.03||$97,500.00|
|3/3/2016||John D Engelbrecht||Director||Buy||430||$45.63||$19,620.90||12,201|| |
|12/15/2015||Robert G Jones||Director||Buy||98||$40.74||$3,992.52||2,327|| |
|9/16/2015||Robert G Jones||Director||Buy||100||$39.26||$3,926.00||2,229|| |
|8/26/2013||James Degraffenreidt, Jr.||Director||Buy||2,122||$33.53||$71,150.66||8,451|| |
|8/8/2013||Niel Ellerbrook||Director||Sell||49,000||$35.93||$1,760,570.00||35,409|| |
|8/6/2013||Niel Ellerbrook||Director||Sell||1,100||$36.36||$39,996.00|| |
|8/6/2013||Ronald Christian||VP||Sell||23,900||$36.56||$873,784.00||19,667|| |
|8/5/2013||Carl L Chapman||CEO||Sell||21,000||$36.53||$767,130.00|| |
|8/5/2013||Jerome Benkert, Jr.||CFO||Sell||25,100||$36.73||$921,923.00||47,696|| |
Vectren (NYSE VVC) News Headlines
Vectren (NYSE:VVC) SEC Filings
This page is loading this company's SEC Filings. Please wait...
Vectren (NYSE:VVC) Income Statement, Balance Sheet and Cash Flow Statement
Vectren (NYSE VVC) Stock Chart for Thursday, February, 22, 2018