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:
- Sector: Utilities
- Industry: Natural Gas Utilities - NEC
- Sub-Industry: Multi-Utilities
- Symbol: NYSE:VVC
- CUSIP: 92240G10
- Web: www.vectren.com
- Market Cap: $4.97 billion
- Outstanding Shares: 82,953,000
- 50 Day Moving Avg: $59.67
- 200 Day Moving Avg: $58.02
- 52 Week Range: $46.52 - $62.79
Sales & Book Value:
- Trailing P/E Ratio: 22.64
- Foreward P/E Ratio: 21.39
- P/E Growth: 4.15
- Annual Revenue: $2.49 billion
- Price / Sales: 2.00
- Book Value: $21.57 per share
- Price / Book: 2.78
- Annual Dividend: $1.68
- Dividend Yield: 2.8%
- EBIDTA: $654.6 million
- Net Margins: 8.79%
- Return on Equity: 12.51%
- Return on Assets: 3.89%
- Debt-to-Equity Ratio: 0.89%
- Current Ratio: 0.78%
- Quick Ratio: 0.60%
- 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?
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?
MarketBeat Community Rating for Vectren Corporation (NYSE VVC)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.
One share of Vectren Corporation stock can currently be purchased for approximately $59.89.
Earnings History for Vectren Corporation (NYSE:VVC)Earnings History by Quarter for Vectren Corporation (NYSE VVC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|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|
Earnings Estimates for Vectren Corporation (NYSE:VVC)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Vectren Corporation (NYSE:VVC)
|Most Recent Dividend:||6/1/2017|
|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 History by Quarter for Vectren Corporation (NYSE VVC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Vectren Corporation (NYSE:VVC)
Insider Ownership Percentage: 0.14%Insider Trades by Quarter for Vectren Corporation (NYSE:VVC)
Institutional Ownership Percentage: 64.65%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/3/2016||John D Engelbrecht||Director||Buy||430||$45.63||$19,620.90|| |
|12/15/2015||Robert G Jones||Director||Buy||98||$40.74||$3,992.52|| |
|9/16/2015||Robert G Jones||Director||Buy||100||$39.26||$3,926.00|| |
|8/26/2013||James Degraffenreidt, Jr.||Director||Buy||2,122||$33.53||$71,150.66|| |
|8/8/2013||Niel Ellerbrook||Director||Sell||49,000||$35.93||$1,760,570.00|| |
|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|| |
|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|| |
Headline Trends for Vectren Corporation (NYSE:VVC)
Latest Headlines for Vectren Corporation (NYSE:VVC)
|Vectren Corporation (VVC) to Release Earnings on Thursday|
www.americanbankingnews.com - July 27 at 7:48 AM
| Brokerages Set $56.33 Price Target for Vectren Corporation (VVC)|
www.americanbankingnews.com - July 26 at 6:29 PM
|Reviewing Vectren Corporation (NYSE:VVC) & Piedmont Natural Gas (PNY)|
www.americanbankingnews.com - July 26 at 9:24 AM
|Vectren Corporation (VVC) to Post Q2 2017 Earnings of $0.41 Per Share, KeyCorp Forecasts|
www.americanbankingnews.com - July 26 at 8:15 AM
|Vectren 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
|Vectren Corporation (NYSE:VVC) Upgraded to Sell by BidaskClub|
www.americanbankingnews.com - July 24 at 11:32 PM
|ETFs with exposure to Vectren Corp. : July 13, 2017|
finance.yahoo.com - July 14 at 9:51 AM
|Zacks Investment Research Upgrades Vectren Corporation (NYSE:VVC) to "Buy"|
www.americanbankingnews.com - July 13 at 10:25 AM
|Vectren Corporation (NYSE:VVC) Downgraded by BidaskClub|
www.americanbankingnews.com - July 12 at 9:36 PM
|Shares of VVC Now Oversold|
www.nasdaq.com - July 12 at 3:24 PM
|Zacks: Vectren Corporation (NYSE:VVC) Given $56.33 Average Price Target by Analysts|
www.americanbankingnews.com - July 11 at 6:22 PM
|Vectren Schedules 2017 Second Quarter Earnings Release and Conference Call|
finance.yahoo.com - July 11 at 9:27 AM
|ETFs with exposure to Vectren Corp. : July 3, 2017|
finance.yahoo.com - July 4 at 8:42 AM
|$0.44 EPS Expected for Vectren Corporation (NYSE:VVC) This Quarter|
www.americanbankingnews.com - July 3 at 9:14 AM
|Vectren Corporation (NYSE:VVC) Sees Large Growth in Short Interest|
www.americanbankingnews.com - July 3 at 7:14 AM
|Vectren Corporation (VVC) Downgraded to "Sell" at BidaskClub|
www.americanbankingnews.com - July 1 at 3:10 PM
|Financial Review: JP Energy Partners (JPEP) versus Vectren Corporation (VVC)|
www.americanbankingnews.com - June 26 at 7:56 AM
|Zacks: Analysts Set $56.33 Target Price for Vectren Corporation (VVC)|
www.americanbankingnews.com - June 26 at 7:51 AM
|Vectren 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
|ETFs with exposure to Vectren Corp. : June 22, 2017|
finance.yahoo.com - June 22 at 7:40 PM
|Vectren Corp. :VVC-US: Earnings Analysis: Q1, 2017 By the Numbers : June 21, 2017|
finance.yahoo.com - June 22 at 2:39 PM
|BidaskClub Upgrades Vectren Corp (VVC) to Buy|
www.americanbankingnews.com - June 21 at 3:10 PM
|Vectren Corporation (VVC) Raised to Hold at Zacks Investment Research|
www.americanbankingnews.com - June 20 at 2:24 PM
|FY2018 EPS Estimates for Vectren Corporation Raised by KeyCorp (VVC)|
www.americanbankingnews.com - June 19 at 7:26 AM
|Short Interest in Vectren Corporation (VVC) Declines By 55.2%|
www.americanbankingnews.com - June 17 at 7:10 AM
|Vectren Corporation (VVC) Cut to "Hold" at BidaskClub|
www.americanbankingnews.com - June 15 at 3:16 PM
|Brokerages Expect Vectren Corp (VVC) to Announce $0.44 EPS|
www.americanbankingnews.com - June 9 at 8:57 AM
| Analysts Expect Vectren Corp (VVC) Will Announce Earnings of $0.44 Per Share|
www.americanbankingnews.com - June 7 at 8:24 AM
|Glenville State College Saves Energy and Resources|
finance.yahoo.com - June 7 at 12:55 AM
|Energy Systems Group Awarded U.S. DOE IDIQ Contract for Federal Energy Savings Performance Contracts|
finance.yahoo.com - June 6 at 1:53 AM
|Vectren Corp (VVC) Short Interest Update|
www.americanbankingnews.com - May 31 at 7:04 AM
|Brokerages Expect Vectren Corp (VVC) to Post $0.44 EPS|
www.americanbankingnews.com - May 25 at 7:34 AM
|Vectren Corporation (VVC) Presents At American Gas Association Financial Forum - Slideshow|
seekingalpha.com - May 23 at 8:00 PM
|Vectren Corp (VVC) Issues FY17 Earnings Guidance|
www.americanbankingnews.com - May 19 at 9:26 PM
|USCG Base Portsmouth Wins Award for Upgraded Infrastructure and First Ever Homeland Security Microgrid Study|
finance.yahoo.com - May 19 at 1:42 PM
|Vectren 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
| Brokerages Expect Vectren Corp (VVC) Will Post Earnings of $0.41 Per Share|
www.americanbankingnews.com - May 11 at 9:06 AM
|Vectren Corp (VVC) Given "Buy" Rating at Citigroup Inc|
www.americanbankingnews.com - May 9 at 1:58 PM
|Edited Transcript of VVC earnings conference call or presentation 8-May-17 6:00pm GMT|
finance.yahoo.com - May 9 at 9:40 AM
|Vectren Corp. (VVC) Tops Q1 EPS by 2c, Affirms Guidance|
www.streetinsider.com - May 8 at 8:08 PM
|Vectren's (VVC) CEO Carl Chapman on Q1 2017 Results - Earnings Call Transcript|
seekingalpha.com - May 8 at 8:08 PM
|Vectren Corp (VVC) Issues Quarterly Earnings Results|
www.americanbankingnews.com - May 8 at 1:58 PM
|Vectren Corp (VVC) Releases FY17 Earnings Guidance|
www.americanbankingnews.com - May 8 at 11:24 AM
|Vectren Corp. Q1 Earnings Climb 15%|
www.rttnews.com - May 8 at 8:56 AM
|Vectren beats 1Q profit forecasts|
marketbeat.com - May 8 at 7:06 AM
|Vectren Corp (VVC) to Release Earnings on Monday|
www.americanbankingnews.com - May 6 at 7:06 AM
| Vectren Corp (VVC) Given Average Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - May 4 at 10:02 AM
|Vectren Corp (VVC) Earns Coverage Optimism Score of 0.50|
www.americanbankingnews.com - May 2 at 1:18 PM
|Positive News Coverage Somewhat Likely to Affect Vectren Corp (VVC) Share Price|
www.americanbankingnews.com - April 29 at 10:48 AM
|Vectren Corp (VVC) Receiving Somewhat Positive Press Coverage, AlphaOne Reports|
www.americanbankingnews.com - April 26 at 10:13 AM
Vectren Corporation (VVC) Chart for Thursday, July, 27, 2017