Vectren Corp Company Profile (NYSE:VVC)

About Vectren Corp (NYSE:VVC)

Vectren Corp logoVectren 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: Diversified Utilities
  • Sub-Industry: Multi-Utilities
  • Symbol: NYSE:VVC
  • CUSIP: 92240G10
  • Web: www.vectren.com
Capitalization:
  • Market Cap: $5.08 billion
  • Outstanding Shares: 82,953,000
Average Prices:
  • 50 Day Moving Avg: $59.49
  • 200 Day Moving Avg: $55.17
  • 52 Week Range: $46.52 - $61.87
P/E:
  • Trailing P/E Ratio: 23.20
  • Foreward P/E Ratio: 21.87
  • P/E Growth: 4.27
Sales & Book Value:
  • Annual Revenue: $2.49 billion
  • Price / Sales: 2.04
  • Book Value: $21.57 per share
  • Price / Book: 2.84
Dividend:
  • Annual Dividend: $1.68
  • Dividend Yield: 2.8%
Profitability:
  • EBIDTA: $654.6 million
  • Net Margins: 8.80%
  • Return on Equity: 12.16%
  • Return on Assets: 3.81%
Debt:
  • Debt-to-Equity Ratio: 0.99%
  • Current Ratio: 1.00%
  • Quick Ratio: 0.76%
Misc:
  • Average Volume: 399,917 shs.
  • Beta: 0.7
  • Short Ratio: 2.31
 

Frequently Asked Questions for Vectren Corp (NYSE:VVC)

What is Vectren Corp's stock symbol?

Vectren Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "VVC."

How often does Vectren Corp pay dividends? What is the dividend yield for Vectren Corp?

Vectren Corp declared a quarterly dividend on Wednesday, April 12th. Shareholders of record on Monday, May 15th will be paid a dividend of $0.42 per share on Thursday, June 1st. This represents a $1.68 annualized dividend and a yield of 2.74%. The ex-dividend date of this dividend is Thursday, May 11th. View Vectren Corp's Dividend History.

How were Vectren Corp's earnings last quarter?

Vectren Corp (NYSE:VVC) issued its quarterly earnings data on Monday, May, 8th. The company reported $0.67 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.65 by $0.02. The company earned $624.50 million during the quarter, compared to analysts' expectations of $595.84 million. Vectren Corp had a net margin of 8.80% and a return on equity of 12.16%. The firm's revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.58 EPS. View Vectren Corp's Earnings History.

When will Vectren Corp make its next earnings announcement?

Vectren Corp is scheduled to release their next quarterly earnings announcement on Friday, August, 4th 2017. View Earnings Estimates for Vectren Corp.

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

Vectren Corp updated its FY17 earnings guidance on Friday, May, 19th. The company provided earnings per share guidance of $2.55-2.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.62.

Where is Vectren Corp's stock going? Where will Vectren Corp's stock price be in 2017?

3 equities research analysts have issued 12 month target prices for Vectren Corp's shares. Their predictions range from $66.00 to $66.00. On average, they expect Vectren Corp's stock price to reach $66.00 in the next twelve months. View Analyst Ratings for Vectren Corp.

Are investors shorting Vectren Corp?

Vectren Corp saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 1,314,622 shares, an increase of 79.3% from the April 28th total of 733,242 shares. Based on an average daily volume of 368,691 shares, the short-interest ratio is presently 3.6 days. Currently, 1.6% of the shares of the company are sold short.

Who are some of Vectren Corp's key competitors?

Who owns Vectren Corp stock?

Vectren Corp's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.14%), Vanguard Group Inc. (8.89%), State Street Corp (6.11%), Duff & Phelps Investment Management Co. (1.89%), Bank of New York Mellon Corp (1.87%) and Goldman Sachs Group Inc. (1.43%). Company insiders that own Vectren Corp stock include John D Engelbrecht and Robert G Jones. View Institutional Ownership Trends for Vectren Corp.

Who sold Vectren Corp stock? Who is selling Vectren Corp stock?

Vectren Corp's stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, First Trust Advisors LP, Morgan Stanley, River Road Asset Management LLC, Thrivent Financial For Lutherans, Prudential Financial Inc., UBS Group AG and Bank of America Corp DE. View Insider Buying and Selling for Vectren Corp.

Who bought Vectren Corp stock? Who is buying Vectren Corp stock?

Vectren Corp's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Goldman Sachs Group Inc., Vanguard Group Inc., First Quadrant L P CA, Epoch Investment Partners Inc., Victory Capital Management Inc., FMR LLC and AQR Capital Management LLC. Company insiders that have bought Vectren Corp stock in the last two years include John D Engelbrecht and Robert G Jones. View Insider Buying and Selling for Vectren Corp.

How do I buy Vectren Corp stock?

Shares of Vectren Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Vectren Corp stock cost?

One share of Vectren Corp stock can currently be purchased for approximately $61.24.

Analyst Ratings

Consensus Ratings for Vectren Corp (NYSE:VVC) (?)
Ratings Breakdown: 3 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $66.00 (7.77% upside)

Analysts' Ratings History for Vectren Corp (NYSE:VVC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/9/2017Citigroup IncBoost Price TargetBuy$58.00 -> $66.00LowView Rating Details
1/12/2017KeyCorpUpgradeSector Weight -> OverweightN/AView Rating Details
1/9/2017GuggenheimUpgradeNeutral -> BuyN/AView Rating Details
5/19/2016US Capital AdvisorsDowngradeOverweight -> HoldN/AView Rating Details
(Data available from 5/28/2015 forward)

Earnings

Earnings History for Vectren Corp (NYSE:VVC)
Earnings by Quarter for Vectren Corp (NYSE:VVC)
Earnings History by Quarter for Vectren Corp (NYSE:VVC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/4/2017        
5/8/2017Q1 2017$0.65$0.67$595.84 million$624.50 millionViewListenView Earnings Details
2/22/2017Q416$0.79$0.84$618.60 million$699.00 millionViewN/AView Earnings Details
11/2/2016Q316$0.64$0.74$611.78 million$631.00 millionViewN/AView Earnings Details
8/3/2016Q216$0.43$0.39$585.40 million$533.70 millionViewN/AView Earnings Details
5/9/2016Q116$0.69$0.58$648.30 million$584.80 millionViewN/AView Earnings Details
2/22/2016Q415$0.70$0.79$695.24 million$604.00 millionViewListenView Earnings Details
11/5/2015Q315$0.62$0.48$596.25 million$573.50 millionViewN/AView Earnings Details
8/5/2015Q215$0.41$0.43$526.03 million$551.00 millionViewN/AView Earnings Details
5/6/2015Q115$0.74$0.69$768.00 million$706.20 millionViewN/AView Earnings Details
2/16/2015Q414$0.71$0.68$650.30 million$676.80 millionViewN/AView Earnings Details
11/6/2014Q314$0.58$0.60$529.20 million$595.60 millionViewN/AView Earnings Details
8/4/2014Q214$0.38$0.37$572.05 million$542.50 millionViewN/AView Earnings Details
5/12/2014Q114$0.73$0.62$747.11 million$796.80 millionViewN/AView Earnings Details
2/19/2014Q413$0.58$0.60$638.60 million$638.60 millionViewN/AView Earnings Details
11/8/2013Q313$0.49$0.50$541.96 million$579.60 millionViewN/AView Earnings Details
7/31/2013Q2 2013$0.30$0.33$509.12 million$531.00 millionViewN/AView Earnings Details
5/1/2013Q1 2013$0.66$0.61$591.45 million$700.60 millionViewN/AView Earnings Details
2/14/2013Q4 2012$0.45$0.52$607.70 million$644.10 millionViewN/AView Earnings Details
11/5/2012Q312$0.33$0.48$522.22 million$513.50 millionViewN/AView Earnings Details
8/1/2012$0.23$0.31ViewN/AView Earnings Details
5/2/2012$0.62$0.62ViewN/AView Earnings Details
2/15/2012$0.58$0.56ViewN/AView Earnings Details
5/5/2011$0.75$0.55ViewN/AView Earnings Details
2/16/2011$0.54$0.56ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Vectren Corp (NYSE:VVC)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.68$0.68$0.68
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Vectren Corp (NYSE:VVC)
Next Dividend:6/1/2017
Annual Dividend:$1.68
Dividend Yield:2.74%
Dividend Growth:4.40% (3 Year Average)
Payout Ratio:67.20% (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 Payments by Quarter for Vectren Corp (NYSE:VVC)

Dividend History by Quarter for Vectren Corp (NYSE:VVC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/12/2017quarterly$0.422.84%5/11/20175/15/20176/1/2017
2/1/2017quarterly$0.423.08%2/13/20172/15/20173/1/2017
11/2/2016quarterly$0.423.47%11/10/201611/15/201612/1/2016
8/3/2016quarterly$0.403.09%8/11/20168/15/20169/1/2016
5/2/2016quarterly$0.403.23%5/11/20165/13/20166/1/2016
2/3/2016quarterly$0.403.65%2/11/20162/16/20163/1/2016
11/5/2015quarterly$0.403.8%11/12/201511/16/201512/1/2015
8/5/2015quarterly$0.383.64%8/13/20158/17/20159/1/2015
5/4/2015quarterly$0.383.59%5/13/20155/15/20156/1/2015
1/30/2015quarterly$0.383.17%2/11/20152/13/20153/2/2015
11/6/2014quarterly$0.383.36%11/13/201411/17/201412/1/2014
8/7/2014quarterly$0.363.74%8/14/20148/18/20149/2/2014
4/4/2014quarterly$0.363.67%5/13/20145/15/20146/2/2014
1/30/2014quarterly$0.363.94%2/12/20142/14/20143/3/2014
11/6/2013quarterly$0.364.21%11/14/201311/18/201312/2/2013
8/2/2013quarterly$0.363.87%8/13/20138/15/20139/3/2013
5/1/2013quarterly$0.363.89%5/13/20135/15/20136/3/2013
1/31/2013quarterly$0.364.45%2/13/20132/15/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Vectren Corp (NYSE:VVC)
Insider Ownership Percentage: 0.21%
Institutional Ownership Percentage: 61.77%
Insider Trades by Quarter for Vectren Corp (NYSE:VVC)
Institutional Ownership by Quarter for Vectren Corp (NYSE:VVC)
Insider Trades by Quarter for Vectren Corp (NYSE:VVC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/3/2016John D EngelbrechtDirectorBuy430$45.63$19,620.90View SEC Filing  
12/15/2015Robert G JonesDirectorBuy98$40.74$3,992.52View SEC Filing  
9/16/2015Robert G JonesDirectorBuy100$39.26$3,926.00View SEC Filing  
8/26/2013James Degraffenreidt, Jr.DirectorBuy2,122$33.53$71,150.66View SEC Filing  
8/8/2013Niel EllerbrookDirectorSell49,000$35.93$1,760,570.00View SEC Filing  
8/6/2013Niel EllerbrookDirectorSell1,100$36.36$39,996.00View SEC Filing  
8/6/2013Ronald ChristianVPSell23,900$36.56$873,784.00View SEC Filing  
8/5/2013Carl L ChapmanCEOSell21,000$36.53$767,130.00View SEC Filing  
8/5/2013Jerome Benkert, Jr.CFOSell25,100$36.73$921,923.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Vectren Corp (NYSE:VVC)
Latest Headlines for Vectren Corp (NYSE:VVC)
Source:
DateHeadline
americanbankingnews.com logoBrokerages Expect Vectren Corp (VVC) to Post $0.44 EPS
www.americanbankingnews.com - May 25 at 7:34 AM
seekingalpha.com logoVectren Corporation (VVC) Presents At American Gas Association Financial Forum - Slideshow
seekingalpha.com - May 23 at 8:00 PM
americanbankingnews.com logoVectren Corp (VVC) Issues FY17 Earnings Guidance
www.americanbankingnews.com - May 19 at 9:26 PM
finance.yahoo.com logoUSCG Base Portsmouth Wins Award for Upgraded Infrastructure and First Ever Homeland Security Microgrid Study
finance.yahoo.com - May 19 at 1:42 PM
finance.yahoo.com logoVectren 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
americanbankingnews.com logo Brokerages Expect Vectren Corp (VVC) Will Post Earnings of $0.41 Per Share
www.americanbankingnews.com - May 11 at 9:06 AM
americanbankingnews.com logoVectren Corp (VVC) Given "Buy" Rating at Citigroup Inc
www.americanbankingnews.com - May 9 at 1:58 PM
finance.yahoo.com logoEdited Transcript of VVC earnings conference call or presentation 8-May-17 6:00pm GMT
finance.yahoo.com - May 9 at 9:40 AM
streetinsider.com logoVectren Corp. (VVC) Tops Q1 EPS by 2c, Affirms Guidance
www.streetinsider.com - May 8 at 8:08 PM
seekingalpha.com logoVectren's (VVC) CEO Carl Chapman on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 8 at 8:08 PM
americanbankingnews.com logoVectren Corp (VVC) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 8 at 1:58 PM
americanbankingnews.com logoVectren Corp (VVC) Releases FY17 Earnings Guidance
www.americanbankingnews.com - May 8 at 11:24 AM
rttnews.com logoVectren Corp. Q1 Earnings Climb 15%
www.rttnews.com - May 8 at 8:56 AM
marketbeat.com logoVectren beats 1Q profit forecasts
marketbeat.com - May 8 at 7:06 AM
americanbankingnews.com logoVectren Corp (VVC) to Release Earnings on Monday
www.americanbankingnews.com - May 6 at 7:06 AM
americanbankingnews.com logo Vectren Corp (VVC) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - May 4 at 10:02 AM
americanbankingnews.com logoVectren Corp (VVC) Earns Coverage Optimism Score of 0.50
www.americanbankingnews.com - May 2 at 1:18 PM
americanbankingnews.com logoPositive News Coverage Somewhat Likely to Affect Vectren Corp (VVC) Share Price
www.americanbankingnews.com - April 29 at 10:48 AM
americanbankingnews.com logoVectren Corp (VVC) Receiving Somewhat Positive Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 26 at 10:13 AM
americanbankingnews.com logoVectren Corp (VVC) Earning Somewhat Negative Press Coverage, Report Finds
www.americanbankingnews.com - April 23 at 11:02 AM
americanbankingnews.com logoVectren Corp (VVC) Receiving Somewhat Negative Media Coverage, Report Shows
www.americanbankingnews.com - April 20 at 3:04 PM
americanbankingnews.com logoZacks: Analysts Expect Vectren Corp (VVC) to Post $0.66 EPS
www.americanbankingnews.com - April 20 at 1:02 PM
americanbankingnews.com logoQ1 2017 EPS Estimates for Vectren Corp (VVC) Reduced by Analyst
www.americanbankingnews.com - April 20 at 8:05 AM
americanbankingnews.com logoZacks: Vectren Corp (VVC) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 19 at 8:42 AM
americanbankingnews.com logoShort Interest in Vectren Corp (VVC) Decreases By 39.1%
www.americanbankingnews.com - April 18 at 7:08 AM
americanbankingnews.com logoVectren Corp (VVC) Given Daily News Sentiment Rating of -0.39
www.americanbankingnews.com - April 17 at 8:52 AM
finance.yahoo.com logoVectren Schedules 2017 First Quarter Earnings Release and Conference Call
finance.yahoo.com - April 13 at 11:21 PM
americanbankingnews.com logoVectren Corp (VVC) Receiving Somewhat Favorable Press Coverage, Study Shows
www.americanbankingnews.com - April 13 at 1:18 PM
americanbankingnews.com logoVectren Corp (VVC) Announces Quarterly Dividend of $0.42
www.americanbankingnews.com - April 12 at 5:56 PM
seekingalpha.com logoVectren declares $0.42 dividend
seekingalpha.com - April 12 at 4:43 PM
americanbankingnews.com logoVectren Corp (VVC) Raised to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 12 at 2:01 PM
americanbankingnews.com logoVectren Corp (VVC) Upgraded at Zacks Investment Research
www.americanbankingnews.com - April 6 at 1:43 PM
americanbankingnews.com logoVectren Corp (VVC) Downgraded to Sell at Zacks Investment Research
www.americanbankingnews.com - March 29 at 8:47 AM
americanbankingnews.com logoVectren Corp (VVC) Downgraded by Zacks Investment Research
www.americanbankingnews.com - March 23 at 11:17 AM
nasdaq.com logoVectren (VVC) Passes Through 3% Yield Mark
www.nasdaq.com - February 28 at 8:12 PM
biz.yahoo.com logoVECTREN CORP Files SEC form 8-K, Results of Operations and Financial Condition
us.rd.yahoo.com - February 25 at 8:07 PM
finance.yahoo.com logoEdited Transcript of VVC earnings conference call or presentation 23-Feb-17 7:00pm GMT
finance.yahoo.com - February 24 at 9:10 AM
biz.yahoo.com logoVECTREN CORP Files SEC form 10-K, Annual Report
us.rd.yahoo.com - February 23 at 11:50 PM
nasdaq.com logoVectren Initiates 2017 Earnings Expectations; Increases Long-Term Outlook
www.nasdaq.com - February 23 at 3:23 AM
rttnews.com logoVectren Corp. Reveals 7% Advance In Q4 Bottom Line
www.rttnews.com - February 23 at 3:23 AM
streetinsider.com logoVectren Corp. (VVC) Tops Q4 EPS by 5c
www.streetinsider.com - February 23 at 3:23 AM
us.rd.yahoo.com logoVectren Corporation Reports 2016 Results; Initiates 2017 Earnings Expectations; Increases Long-Term Outlook
us.rd.yahoo.com - February 23 at 3:23 AM
us.rd.yahoo.com logo4:27 pm Vectren beats by $0.05, beats on revs; guides FY17 EPS in-line
us.rd.yahoo.com - February 23 at 3:23 AM
seekingalpha.com logo5 Stocks That Could Still Jump 25% On A Trump Tax Cut
seekingalpha.com - February 17 at 5:07 PM
finance.yahoo.com logoVectren to Discuss 2016 Results and 2017 Outlook on Conference Call
finance.yahoo.com - February 2 at 6:43 AM
finance.yahoo.com logoVectren Declares Quarterly Dividend
finance.yahoo.com - February 2 at 6:43 AM
bizjournals.com logoVectren putting $16M into new lines in 2017
www.bizjournals.com - January 19 at 7:22 AM
us.rd.yahoo.com logoVectren upgraded by Guggenheim
us.rd.yahoo.com - January 9 at 8:57 PM
finance.yahoo.com logoVectren (VVC) Stock: Moving Average Crossover Alert
finance.yahoo.com - December 30 at 8:59 AM
finance.yahoo.com logoVectren upgraded by Citigroup
finance.yahoo.com - December 15 at 7:13 AM

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Vectren Corp (VVC) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by MarketBeat.com Staff