NYSE:VVC - Vectren Stock Price, News, & Analysis

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$72.10 +0.10 (+0.14 %)
(As of 01/15/2019 04:00 PM ET)
Previous Close$72.00
Today's Range$71.97 - $72.10
52-Week Range$58.00 - $72.18
Volume707,700 shs
Average Volume887,850 shs
Market Capitalization$5.97 billion
P/E Ratio27.73
Dividend Yield2.67%
Beta0.35
Vectren 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
CUSIP92240G10
Phone812-491-4000

Debt

Current Ratio0.69
Quick Ratio0.55

Price-To-Earnings

Sales & Book Value

Annual Sales$2.66 billion
Price / Sales2.25
Cash Flow$5.9439 per share
Price / Cash Flow12.13
Book Value$22.28 per share
Price / Book3.24

Profitability

Net Income$216 million
Net Margins7.37%
Return on Assets3.58%

Miscellaneous

Employees5,500
Market Cap$5.97 billion
OptionableOptionable

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, November 1st. Shareholders of record on Thursday, November 15th will be given a dividend of $0.48 per share on Monday, December 3rd. This represents a $1.92 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date of this dividend is Wednesday, November 14th. This is a boost from Vectren's previous quarterly dividend of $0.45. View Vectren's Dividend History.

How were Vectren's earnings last quarter?

Vectren Corp (NYSE:VVC) announced its earnings results on Monday, November, 5th. The utilities provider reported $0.61 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by $0.13. The utilities provider had revenue of $665 million for the quarter, compared to analysts' expectations of $707 million. Vectren had a net margin of 7.37% and a return on equity of 12.10%. The firm's revenue was down 3.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.75 EPS. View Vectren's Earnings History.

When is Vectren's next earnings date?

Vectren is scheduled to release their next quarterly earnings announcement on Tuesday, February 19th 2019. View Earnings Estimates for Vectren.

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

Vectren issued an update on its FY18 earnings guidance on Monday, November, 5th. The company provided earnings per share guidance of $2.80-2.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.88. Vectren also updated its FY 2018 guidance to $2.80-2.90 EPS.

What price target have analysts set for VVC?

4 Wall Street analysts have issued 1 year price objectives for Vectren's stock. Their predictions range from $58.00 to $72.00. On average, they anticipate Vectren's share price to reach $63.6667 in the next year. This suggests that the stock has a possible downside of 11.7%. View Analyst Price Targets for Vectren.

What is the consensus analysts' recommendation for Vectren?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vectren in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Vectren.

Has Vectren been receiving favorable news coverage?

News headlines about VVC stock have trended somewhat positive on Tuesday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Vectren earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned news coverage about the utilities provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.

Are investors shorting Vectren?

Vectren saw a increase in short interest during the month of November. As of November 30th, there was short interest totalling 2,667,951 shares, an increase of 45.3% from the November 15th total of 1,836,053 shares. Based on an average daily volume of 856,644 shares, the days-to-cover ratio is presently 3.1 days. Currently, 3.2% of the shares of the stock are sold short. View Vectren's Current Options Chain.

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 63)
  • Ms. M. Susan Hardwick, Exec. VP & CFO (Age 56)
  • Mr. Eric J. Schach, Exec. VP & COO (Age 56)
  • Mr. Ronald E. Christian, Exec. VP, Chief Legal & External Affairs Officer and Corp. Sec. (Age 61)
  • Mr. L. Douglas Petitt, Chief Information Officer & VP of Information Technology

Who are Vectren's major shareholders?

Vectren's stock is owned by many different of retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (0.27%), Retirement Systems of Alabama (0.13%), First Financial Corp IN (0.09%), State of Alaska Department of Revenue (0.07%), Lynch & Associates IN (0.04%) and Louisiana State Employees Retirement System (0.03%). Company insiders that own Vectren stock include Derrick Burks and Merchant Fund LP Palos. View Institutional Ownership Trends for Vectren.

Which major investors are selling Vectren stock?

VVC stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Lynch & Associates IN, State of Alaska Department of Revenue, First Financial Corp IN, Chesley Taft & Associates LLC and Louisiana State Employees Retirement System. View Insider Buying and Selling for Vectren.

Which major investors are buying Vectren stock?

VVC stock was acquired by a variety of institutional investors in the last quarter, including Steward Partners Investment Advisory LLC, Cerebellum GP LLC, Sound Income Strategies LLC and Retirement Systems of Alabama. 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 $72.10.

How big of a company is Vectren?

Vectren has a market capitalization of $5.97 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.

What is Vectren's official website?

The official website for Vectren is http://www.vectren.com.

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 (NYSE VVC)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  209 (Vote Outperform)
Underperform Votes:  297 (Vote Underperform)
Total Votes:  506
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 1/15/2019 by MarketBeat.com Staff

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