NYSE:VVC - Vectren Stock Price, Price Target & More

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$71.49 +0.13 (+0.18 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$71.34
Today's Range$71.22 - $71.52
52-Week Range$57.48 - $71.51
Volume36,751 shs
Average Volume836,816 shs
Market Capitalization$5.94 billion
P/E Ratio27.43
Dividend Yield2.52%
Beta0.6
Vectren logoVectren 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

Industry Gas & other services combined
Sub-IndustryMulti-Utilities
SectorUtilities
SymbolNYSE:VVC
CUSIP92240G10
Phone812-491-4000

Debt

Debt-to-Equity Ratio0.89
Current Ratio0.61
Quick Ratio0.49

Price-To-Earnings

Trailing P/E Ratio27.43
Forward P/E Ratio24.91
P/E Growth3.56

Sales & Book Value

Annual Sales$2.66 billion
Price / Sales2.24
Cash Flow$5.9328 per share
Price / Cash12.05
Book Value$22.28 per share
Price / Book3.21

Profitability

EPS (Most Recent Fiscal Year)$2.60
Net Income$216 million
Net Margins8.33%
Return on Equity11.94%
Return on Assets3.60%

Miscellaneous

Employees5,500
Outstanding Shares83,080,000

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 Tuesday, May 1st. Investors of record on Tuesday, May 15th will be given a dividend of $0.45 per share on Friday, June 1st. This represents a $1.80 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date of this dividend is Monday, May 14th. View Vectren's Dividend History.

How were Vectren's earnings last quarter?

Vectren Corp (NYSE:VVC) announced its quarterly earnings data on Tuesday, February, 20th. The utilities provider reported $0.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by $0.02. The utilities provider earned $711 million during the quarter, compared to analysts' expectations of $620 million. Vectren had a return on equity of 11.94% and a net margin of 8.33%. The business's quarterly revenue was up 1.7% compared to the same quarter last year. During the same period last year, the company earned $0.84 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 Thursday, August, 2nd 2018. View Earnings Estimates for Vectren.

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

Vectren updated its FY18 earnings guidance on Tuesday, May, 1st. The company provided earnings per share guidance of $2.80-2.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.86.

What price target have analysts set for VVC?

4 analysts have issued twelve-month price objectives for Vectren's shares. Their forecasts range from $58.00 to $72.00. On average, they expect Vectren's share price to reach $63.6667 in the next year. View Analyst Ratings for Vectren.

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 and External Affairs Officer & Corp. Sec. (Age 60)
  • Mr. L. Douglas Petitt, Chief Information Officer & VP of Information Technology

Has Vectren been receiving favorable news coverage?

News coverage about VVC stock has trended somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Vectren earned a media sentiment score of 0.03 on Accern's scale. They also assigned news articles about the utilities provider an impact score of 43.84 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Who are Vectren's major shareholders?

Vectren's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.72%), Duff & Phelps Investment Management Co. (1.88%), Millennium Management LLC (1.76%), Principal Financial Group Inc. (1.54%), Principal Financial Group Inc. (1.54%) and The Manufacturers Life Insurance Company (1.16%). 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 Epoch Investment Partners Inc., BlackRock Inc., Citigroup Inc., Vaughan Nelson Investment Management L.P., Allianz Asset Management GmbH, Allianz Asset Management GmbH, JPMorgan Chase & Co. and Royal Bank of Canada. View Insider Buying and Selling for Vectren.

Which institutional investors are buying Vectren stock?

VVC stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Victory Capital Management Inc., OLD Republic International Corp, Principal Financial Group Inc., Principal Financial Group Inc., Aperio Group LLC, Cowen Inc. and Highbridge Capital Management LLC. 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 $71.49.

How big of a company is Vectren?

Vectren has a market capitalization of $5.94 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.

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)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  163 (Vote Outperform)
Underperform Votes:  244 (Vote Underperform)
Total Votes:  407
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 6/22/2018 by MarketBeat.com Staff

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