About Vectren Corporation (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 Ratio24.86
Forward P/E Ratio25.77
Sales & Book Value
Annual Sales$2.45 billion
Price / Sales2.29
Cash Flow$5.70 per share
Price / Cash11.84
Book Value$21.97 per share
Price / Book3.07
Net Income$211.60 million
Return on Equity12.51%
Return on Assets3.83%
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 Thursday, November 2nd. Investors of record on Wednesday, November 15th will be given a dividend of $0.45 per share on Friday, December 1st. This represents a $1.80 dividend on an annualized basis and a yield of 2.67%. The ex-dividend date of this dividend is Tuesday, November 14th. This is a boost from Vectren Corporation's previous quarterly dividend of $0.42. View Vectren Corporation's Dividend History.
How were Vectren Corporation's earnings last quarter?
Vectren Corporation (NYSE:VVC) released its quarterly earnings data on Thursday, November, 2nd. The utilities provider reported $0.75 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.67 by $0.08. The utilities provider had revenue of $691.20 million for the quarter, compared to analyst estimates of $615 million. Vectren Corporation had a net margin of 8.49% and a return on equity of 12.51%. The company's revenue for the quarter was up 9.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.74 earnings per share. 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 updated its FY17 earnings guidance on Thursday, November, 2nd. The company provided EPS guidance of $2.55-2.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.63.
Where is Vectren Corporation's stock going? Where will Vectren Corporation's stock price be in 2017?
3 brokerages have issued 12-month price objectives for Vectren Corporation's stock. Their predictions range from $75.00 to $75.00. On average, they expect Vectren Corporation's share price to reach $75.00 in the next twelve months. View Analyst Ratings for Vectren Corporation.
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 (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 Corporation stock?
Vectren Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Duff & Phelps Investment Management Co. (1.89%), Bank of New York Mellon Corp (1.87%), Principal Financial Group Inc. (1.58%), Schroder Investment Management Group (1.25%), Vaughan Nelson Investment Management L.P. (0.94%) and Epoch Investment Partners Inc. (0.89%). Company insiders that own Vectren Corporation stock include Derrick Burks, John D Engelbrecht, Merchant Fund LP Palos 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 Epoch Investment Partners Inc., Vaughan David Investments Inc. IL, State Treasurer State of Michigan, Vaughan Nelson Investment Management L.P., Los Angeles Capital Management & Equity Research Inc., Victory Capital Management Inc., Goelzer Investment Management Inc. and Wedge Capital Management L L P NC. View Insider Buying and Selling for Vectren Corporation.
Who bought Vectren Corporation stock? Who is buying Vectren Corporation stock?
Vectren Corporation's stock was bought by a variety of institutional investors in the last quarter, including Caisse DE Depot ET Placement DU Quebec, Assenagon Asset Management S.A., BNP Paribas Arbitrage SA, Davidson Kempner Capital Management LP, Highbridge Capital Management LLC, Wells Fargo & Company MN, Allianz Asset Management GmbH and APG Asset Management N.V.. Company insiders that have bought Vectren Corporation stock in the last two years include Derrick Burks, 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 with access to the U.S. stock market 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 $67.52.
How big of a company is Vectren Corporation?
Vectren Corporation has a market capitalization of $5.59 billion and generates $2.45 billion in revenue each year. The utilities provider earns $211.60 million in net income (profit) each year or $2.71 on an earnings per share basis. Vectren Corporation employs 5,800 workers across the globe.
How can I contact Vectren Corporation?
Vectren Corporation'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 Corporation (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.
Analysts' Consensus Rating for Vectren Corporation (NYSE:VVC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 3 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$75.00 (11.08% upside)|
Consensus Price Target History for Vectren Corporation (NYSE:VVC)
Analysts' Ratings History for Vectren Corporation (NYSE:VVC)
(Data available from 11/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/20/2017||Citigroup Inc.||Boost Price Target||Buy||$66.00 -> $75.00||N/A|
|1/12/2017||KeyCorp||Upgrade||Sector Weight -> Overweight||N/A|
|1/9/2017||Guggenheim||Upgrade||Neutral -> Buy||N/A|
|5/19/2016||US Capital Advisors||Downgrade||Overweight -> Hold||N/A|
Earnings History and Estimates Chart 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|
|2/28/2018|| || || || || || || || |
|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|
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)
|Dividend Growth:||4.40% (3 Year Average)|
|Payout Ratio:||66.42% (Trailing 12 Months of Earnings) |
68.70% (Based on This Year's Estimates)
64.06% (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%
Institutional Ownership Percentage: 62.78%
Insider Trades by Quarter for Vectren Corporation (NYSE VVC)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/28/2017||Derrick Burks||Director||Buy||1,000||$65.60||$65,600.00|| |
|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|| |
|12/15/2015||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|| |
Latest Headlines for Vectren Corporation (NYSE VVC)
|Vectren Corporation (VVC) Price Target Increased to $75.00 by Analysts at Citigroup Inc.|
www.americanbankingnews.com - November 20 at 2:52 PM
|Vectren Corp. : VVC-US: Dividend Analysis : November 15th, 2017 (record date) : By the numbers : November 14, 2017|
finance.yahoo.com - November 16 at 8:09 AM
|Vectren Corp. – Value Analysis (NYSE:VVC) : November 14, 2017|
finance.yahoo.com - November 16 at 8:09 AM
|Brokerages Anticipate Vectren Corporation (VVC) to Post $0.80 Earnings Per Share|
www.americanbankingnews.com - November 14 at 5:20 AM
|Vectren Corporation (VVC) to Issue Quarterly Dividend of $0.45|
www.americanbankingnews.com - November 13 at 12:38 PM
|Vectren Corporation (VVC) Ex-Dividend Date Scheduled for November 14, 2017 - Nasdaq|
www.nasdaq.com - November 13 at 11:10 AM
|Vectren Corp. breached its 50 day moving average in a Bearish Manner : VVC-US : November 13, 2017|
finance.yahoo.com - November 13 at 11:10 AM
| Brokerages Anticipate Vectren Corporation (VVC) Will Announce Earnings of $0.80 Per Share|
www.americanbankingnews.com - November 13 at 3:34 AM
|Picatinny Arsenal Awards Cogeneration Project to Energy Systems Group|
finance.yahoo.com - November 12 at 1:16 PM
|Vectren beats 3Q profit forecasts|
finance.yahoo.com - November 6 at 9:03 AM
|Vectren Corporation to Host Earnings Call|
finance.yahoo.com - November 4 at 6:20 AM
|Edited Transcript of VVC earnings conference call or presentation 3-Nov-17 6:00pm GMT|
finance.yahoo.com - November 4 at 6:20 AM
|Vectren Corporation (VVC) Issues Earnings Results|
www.americanbankingnews.com - November 3 at 8:46 PM
|Vectren Corp. Reveals 1% Increase In Q3 Bottom Line|
www.rttnews.com - November 2 at 9:05 PM
|Vectren Corp. (VVC) Tops Q3 EPS by 9c, Beats on Revenues; Reaffirms FY17 EPS Guidance|
www.streetinsider.com - November 2 at 9:05 PM
|Vectren Increases Dividend 7.1 Percent|
www.nasdaq.com - November 2 at 9:05 PM
|Vectren Corporation (VVC) Announces Quarterly Dividend of $0.45|
www.americanbankingnews.com - November 2 at 8:33 PM
|Vectren Corporation (VVC) Updates FY17 Earnings Guidance|
www.americanbankingnews.com - November 2 at 5:58 PM
|Zacks: Brokerages Set $61.50 Price Target for Vectren Corporation (VVC)|
www.americanbankingnews.com - October 30 at 3:26 PM
|Vectren Corporation Expected to Post Q3 2017 Earnings of $0.65 Per Share (VVC)|
www.americanbankingnews.com - October 30 at 1:22 AM
|ETFs with exposure to Vectren Corp. : October 27, 2017|
finance.yahoo.com - October 28 at 8:35 AM
|Vectren Corporation (VVC) to Release Quarterly Earnings on Thursday|
www.americanbankingnews.com - October 26 at 1:46 AM
| Vectren Corp (VVC) Given Consensus Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - October 23 at 12:08 AM
|KeyCorp Comments on Vectren Corporation's Q3 2017 Earnings (VVC)|
www.americanbankingnews.com - October 20 at 8:02 AM
|ETFs with exposure to Vectren Corp. : October 17, 2017|
finance.yahoo.com - October 18 at 10:25 AM
|Brokerages Anticipate Vectren Corporation (VVC) to Announce $0.68 EPS|
www.americanbankingnews.com - October 17 at 8:28 PM
|Vectren Schedules 2017 Third Quarter Earnings Release and Conference Call|
feeds.benzinga.com - October 17 at 7:50 PM
|Vectren Corporation (VVC) Short Interest Update|
www.americanbankingnews.com - October 17 at 2:50 AM
| Vectren Corporation (VVC) Given Average Rating of "Hold" by Analysts|
www.americanbankingnews.com - October 13 at 10:28 PM
|Vectren Corporation (VVC) Raised to "Hold" at Zacks Investment Research|
www.americanbankingnews.com - October 12 at 9:46 AM
|Zacks: Brokerages Anticipate Vectren Corporation (VVC) Will Announce Earnings of $0.68 Per Share|
www.americanbankingnews.com - October 9 at 4:14 AM
| Analysts Set $61.50 Price Target for Vectren Corporation (VVC)|
www.americanbankingnews.com - October 9 at 12:28 AM
| Vectren Corporation (VVC) Given $61.50 Consensus Target Price by Analysts|
www.americanbankingnews.com - October 4 at 6:28 PM
|Monday 10/2 Insider Buying Report: GHY, VVC|
www.nasdaq.com - October 3 at 2:43 PM
|Vectren Corporation (VVC) Director Derrick Burks Buys 1,000 Shares|
www.americanbankingnews.com - September 29 at 8:52 PM
|Analysts Anticipate Vectren Corporation (VVC) to Announce $0.67 Earnings Per Share|
www.americanbankingnews.com - September 24 at 2:28 PM
|Contrasting National Fuel Gas (NFG) and Vectren Corporation (VVC)|
www.americanbankingnews.com - September 19 at 6:30 AM
|Head to Head Survey: Vectren Corporation (VVC) versus National Fuel Gas (NFG)|
www.americanbankingnews.com - September 18 at 4:30 PM
|Financial Review: Northwest Natural Gas (NWN) and Vectren Corporation (VVC)|
www.americanbankingnews.com - September 17 at 12:32 AM
|Vectren Corp. : VVC-US: Dividend Analysis : August 15th, 2017 (record date) : By the numbers : September 13, 2017|
finance.yahoo.com - September 13 at 4:03 PM
|ETFs with exposure to Vectren Corp. : September 12, 2017|
finance.yahoo.com - September 12 at 12:04 PM
|Reviewing WGL Holdings (WGL) & Vectren Corporation (VVC)|
www.americanbankingnews.com - September 12 at 12:48 AM
|Northwest Natural Gas (NWN) & Vectren Corporation (VVC) Head-To-Head Contrast|
www.americanbankingnews.com - September 5 at 8:46 PM
| Vectren Corporation (VVC) Given Average Rating of "Hold" by Brokerages|
www.americanbankingnews.com - September 5 at 2:22 AM
|Atmos Energy Corporation (ATO) versus Vectren Corporation (VVC) Financial Comparison|
www.americanbankingnews.com - September 3 at 10:24 PM
|Critical Contrast: Vectren Corporation (VVC) versus National Fuel Gas (NFG)|
www.americanbankingnews.com - September 3 at 2:12 AM
|ETFs with exposure to Vectren Corp. : September 2, 2017|
finance.yahoo.com - September 2 at 10:21 AM
|$0.67 Earnings Per Share Expected for Vectren Corp (VVC) This Quarter|
www.americanbankingnews.com - September 2 at 12:28 AM
|Financial Contrast: Vectren Corporation (VVC) versus Northwest Natural Gas (NWN)|
www.americanbankingnews.com - September 1 at 4:16 AM
|Reviewing National Fuel Gas (NFG) and Vectren Corporation (VVC)|
www.americanbankingnews.com - August 30 at 12:18 PM
Vectren Corporation (NYSE VVC) Chart for Thursday, November, 23, 2017