WEC Energy Group Company Profile (NYSE:WEC)

About WEC Energy Group (WEC)

WEC Energy Group logoWEC Energy Group, Inc., formerly Wisconsin Energy Corporation, is a holding company, which has electric and natural gas utility operations. The Company's segments are Wisconsin, Illinois, other states, electric transmission, We Power, and corporate and other. The Company's Wisconsin segment includes the electric and natural gas utility, and non-utility operations of Wisconsin Electric Power Company (Wisconsin Electric), Wisconsin Gas LLC (Wisconsin Gas) and Wisconsin Public Service Corporation (WPS), including Wisconsin Electric's electric and WPS's electric and natural gas operations in the state of Michigan. The Company's Illinois segment includes the natural gas utility and non-utility operations of North Shore Gas Company (NSG), and The Peoples Gas Light and Coke Company (PGL). The Company's other states segment includes the natural gas utility and non-utility operations of Minnesota Energy Resources Corporation (MERC) and Michigan Gas Utilities Corporation (MGU).

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: Multi-Utilities
  • Exchange: NYSE
  • Symbol: WEC
  • CUSIP: 97665710
Key Metrics:
  • Previous Close: $59.71
  • 50 Day Moving Average: $58.69
  • 200 Day Moving Average: $58.41
  • 52-Week Range: $53.66 - $66.10
  • Trailing P/E Ratio: 20.52
  • Foreward P/E Ratio: 18.55
  • P/E Growth: 2.95
  • Market Cap: $19.17B
  • Outstanding Shares: 315,587,000
  • Beta: 0.06
Profitability:
  • Net Margins: 12.58%
  • Return on Equity: 10.63%
  • Return on Assets: 3.20%
Debt:
  • Debt-to-Equity Ratio: 1.03%
  • Current Ratio: 0.89%
  • Quick Ratio: 0.65%

Analyst Ratings

Consensus Ratings for WEC Energy Group (NYSE:WEC) (?)
Ratings Breakdown: 4 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $63.25 (3.93% upside)

Analysts' Ratings History for WEC Energy Group (NYSE:WEC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/2/2017Wolfe ResearchDowngradeOutperform -> Market PerformN/AView Rating Details
2/2/2017MizuhoDowngradeBuy -> Neutral$63.00 -> $59.00N/AView Rating Details
11/9/2016KeyCorpReiterated RatingHoldN/AView Rating Details
11/3/2016GuggenheimInitiated CoverageBuy$63.00N/AView Rating Details
8/2/2016ArgusReiterated RatingBuy$65.00 -> $70.00N/AView Rating Details
4/19/2016Deutsche Bank AGReiterated RatingHold$61.00N/AView Rating Details
3/10/2016US Capital AdvisorsDowngradeOverweight -> HoldN/AView Rating Details
3/3/2016Robert W. BairdReiterated RatingOutperform$60.00N/AView Rating Details
2/5/2016BMO Capital MarketsBoost Price TargetMarket Perform$51.00 -> $57.00N/AView Rating Details
2/5/2016Barclays PLCBoost Price TargetEqual Weight$57.00 -> $61.00N/AView Rating Details
1/27/2016Goldman Sachs Group IncDowngradeBuy -> Neutral$54.00 -> $56.00N/AView Rating Details
11/26/2015Wells Fargo & CoDowngradeOutperform -> Market Perform$39.00 -> $38.00N/AView Rating Details
6/18/2015GabelliUpgradeHold -> BuyN/AView Rating Details
6/2/2015Evercore ISIInitiated CoverageHoldN/AView Rating Details
5/8/2015Evercore Partners Inc.UpgradeSell -> Hold$49.00N/AView Rating Details
(Data available from 3/22/2015 forward)

Earnings

Earnings History for WEC Energy Group (NYSE:WEC)
Earnings by Quarter for WEC Energy Group (NYSE:WEC)
Earnings History by Quarter for WEC Energy Group (NYSE:WEC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
2/1/2017Q416$0.62$0.61$1.85 billion$1.96 billionViewListenView Earnings Details
10/26/2016Q316$0.61$0.69$2.15 billion$1.71 billionViewListenView Earnings Details
7/27/2016Q216$0.56$0.57$2.03 billion$1.60 billionViewListenView Earnings Details
5/3/2016Q116$1.01$1.09$2.55 million$2.20 billionViewListenView Earnings Details
2/4/2016Q415$0.64$0.63$2.24 billion$1.85 billionViewListenView Earnings Details
11/4/2015Q315$0.59$0.61$1.47 billion$1.70 billionViewListenView Earnings Details
7/29/2015Q215$0.56$0.59$1.06 billion$991.20 billionViewListenView Earnings Details
5/5/2015Q115$0.82$0.90$1.66 billion$1.39 billionViewListenView Earnings Details
2/11/2015Q4$0.56$0.56$1.23 billionViewListenView Earnings Details
10/29/2014Q314$0.53$0.56$1.05 billion$1.03 billionViewListenView Earnings Details
7/30/2014Q214$0.52$0.58$1.03 billion$1.04 billionViewListenView Earnings Details
4/30/2014Q114$0.83$0.91$1.33 billion$1.70 billionViewListenView Earnings Details
2/6/2014Q413$0.58$0.63$1.10 billion$1.18 billionViewListenView Earnings Details
10/30/2013Q313$0.56$0.60$1.02 billion$1.05 billionViewListenView Earnings Details
7/31/2013Q2 2013$0.46$0.52$958.21 million$1.01 billionViewListenView Earnings Details
4/30/2013Q1 2013$0.71$0.76$1.26 billion$1.28 billionViewListenView Earnings Details
1/30/2013Q4 2012$0.41$0.43$1.11 billion$1.07 billionViewListenView Earnings Details
10/31/2012Q312$0.44$0.67$987.66 million$1.04 billionViewN/AView Earnings Details
8/1/2012$0.44$0.51ViewN/AView Earnings Details
5/1/2012$0.74$0.74ViewN/AView Earnings Details
2/2/2012$0.47$0.49ViewN/AView Earnings Details
10/27/2011$0.49$0.55ViewN/AView Earnings Details
7/28/2011$0.37$0.41ViewN/AView Earnings Details
5/3/2011$0.66$0.72ViewN/AView Earnings Details
2/1/2011$1.01$1.06ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for WEC Energy Group (NYSE:WEC)
Current Year EPS Consensus Estimate: $3.10 EPS
Next Year EPS Consensus Estimate: $3.28 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$1.00$1.03$1.02
Q2 20161$0.63$0.63$0.63
Q3 20162$0.57$0.62$0.60
Q4 20162$0.60$0.69$0.65
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for WEC Energy Group (NYSE:WEC)
Most Recent Dividend:3/1/2017
Annual Dividend:$2.08
Dividend Yield:3.42%
Dividend Growth:11.10% (3 Year Average)
Payout Ratio:70.51% (Trailing 12 Months of Earnings)
67.10% (Based on This Year's Estimates)
63.41% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for WEC Energy Group (NYSE:WEC)

Dividend History by Quarter for WEC Energy Group (NYSE:WEC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/2/2016quarterly$0.523.74%2/10/20172/14/20173/1/2017
10/20/2016quarterly$0.503.43%11/9/201611/14/201612/1/2016
7/21/2016quarterly$0.503.03%8/10/20168/12/20169/1/2016
4/21/2016quarterly$0.505/11/20165/13/20166/1/2016
1/21/2016quarterly$0.502/10/20162/12/20163/1/2016
10/15/2015quarterly$0.4611/10/201511/13/201512/1/2015
7/1/2015special$0.258/12/20158/14/20159/1/2015
4/16/2015quarterly$0.423.41%5/12/20155/14/20156/1/2015
12/4/2014quarterly$0.423.37%2/11/20152/13/20153/1/2015
10/16/2014quarterly$0.393.31%11/12/201411/14/201412/1/2014
7/17/2014quarterly$0.393.44%8/12/20148/14/20149/1/2014
4/17/2014quarterly$0.393.28%5/12/20145/14/20146/1/2014
1/16/2014quarterly$0.393.79%2/12/20142/14/20143/1/2014
10/17/2013quarterly$0.383.67%11/12/201311/14/201312/1/2013
7/18/2013quarterly$0.383.54%8/12/20138/14/20139/1/2013
4/18/2013quarterly$0.343.12%5/10/20135/14/20136/1/2013
12/6/2012quarterly$0.343.62%2/12/20132/14/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for WEC Energy Group (NYSE:WEC)
Insider Ownership Percentage: 0.81%
Institutional Ownership Percentage: 69.55%
Insider Trades by Quarter for WEC Energy Group (NYSE:WEC)
Institutional Ownership by Quarter for WEC Energy Group (NYSE:WEC)
Insider Trades by Quarter for WEC Energy Group (NYSE:WEC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/2/2017Gale E. KlappaDirectorSell41,060$60.24$2,473,454.40View SEC Filing  
1/3/2017Allen L LeverettInsiderSell29,715$58.32$1,732,978.80View SEC Filing  
8/18/2016Robert M GarvinEVPSell19,225$61.62$1,184,644.50View SEC Filing  
8/1/2016Susan H. MartinVPSell40,000$65.05$2,602,000.00View SEC Filing  
6/3/2016Gale E KlappaDirectorSell22,000$61.53$1,353,660.00View SEC Filing  
6/2/2016Allen L LeverettCEOSell68,210$60.35$4,116,473.50View SEC Filing  
6/1/2016Gale E KlappaDirectorSell15,628$60.39$943,774.92View SEC Filing  
5/31/2016Gale E KlappaDirectorSell25,000$60.19$1,504,750.00View SEC Filing  
5/25/2016Joan M ShaferVPSell15,990$58.67$938,133.30View SEC Filing  
5/17/2016Gale E KlappaDirectorSell9,372$60.16$563,819.52View SEC Filing  
5/10/2016Gale E KlappaDirectorSell212,735$59.93$12,749,208.55View SEC Filing  
5/9/2016Susan H MartinVPSell9,920$59.89$594,108.80View SEC Filing  
3/31/2016Charles R MatthewsCEOSell28,490$59.58$1,697,434.20View SEC Filing  
3/9/2016Charles R MatthewsCEOSell7,009$58.14$407,503.26View SEC Filing  
3/3/2016Robert M GarvinEVPSell1,579$55.33$87,366.07View SEC Filing  
2/25/2016Allen L LeverettPresidentSell31,000$57.69$1,788,390.00View SEC Filing  
2/25/2016Gale E KlappaCEOSell40,000$57.98$2,319,200.00View SEC Filing  
2/24/2016Barbara L. BowlesDirectorSell2,000$57.29$114,580.00View SEC Filing  
2/23/2016Gale E KlappaCEOSell100,000$57.13$5,713,000.00View SEC Filing  
2/18/2016Susan H MartinVPSell3,690$56.59$208,817.10View SEC Filing  
2/9/2016Allen L. LeverettPresidentSell75,000$57.18$4,288,500.00View SEC Filing  
2/9/2016Gale E. KlappaCEOSell17,877$57.61$1,029,893.97View SEC Filing  
2/8/2016Gale E. KlappaCEOSell150,000$57.06$8,559,000.00View SEC Filing  
12/31/2015Gale E. KlappaCEOSell21,790$51.80$1,128,722.00View SEC Filing  
11/19/2015Susan H. MartinVPSell6,530$50.50$329,765.00View SEC Filing  
11/17/2015Allen L. LeverettPresidentSell16,000$50.46$807,360.00View SEC Filing  
9/2/2015William J BrodskyDirectorBuy10,000$46.52$465,200.00View SEC Filing  
9/1/2015Robert M GarvinEVPSell1,730$46.57$80,566.10View SEC Filing  
8/14/2015Gale E KlappaCEOSell50,000$51.27$2,563,500.00View SEC Filing  
8/13/2015Allen L LeverettPresidentSell10,000$50.96$509,600.00View SEC Filing  
2/24/2015Allen L LeverettPresidentSell61,025$52.33$3,193,438.25View SEC Filing  
2/19/2015Barbara L BowlesDirectorSell1,600$51.35$82,160.00View SEC Filing  
2/17/2015Allen L LeverettPresidentSell72,510$51.11$3,705,986.10View SEC Filing  
11/11/2014Allen L LeverettPresidentSell34,817$49.59$1,726,575.03View SEC Filing  
11/7/2014Allen L LeverettPresidentSell100,000$49.19$4,919,000.00View SEC Filing  
11/5/2014Gale E KlappaCEOSell28,210$50.15$1,414,731.50View SEC Filing  
11/3/2014Gale E KlappaCEOSell100,000$49.86$4,986,000.00View SEC Filing  
11/3/2014Susan H MartinVPSell10,000$48.36$483,600.00View SEC Filing  
10/13/2014Allen L LeverettPresidentSell71,000$46.31$3,288,010.00View SEC Filing  
10/13/2014Gale E KlappaCEOSell42,000$45.99$1,931,580.00View SEC Filing  
10/9/2014Allen L LeverettPresidentSell71,390$45.32$3,235,394.80View SEC Filing  
10/9/2014Gale E KlappaCEOSell50,000$45.57$2,278,500.00View SEC Filing  
8/29/2014Gale E KlappaCEOSell450,000$45.09$20,290,500.00View SEC Filing  
8/27/2014Allen L LeverettPresidentSell115,610$44.50$5,144,645.00View SEC Filing  
2/18/2014Susan MartinVPSell5,520$43.80$241,776.00View SEC Filing  
2/3/2014Allen LeverettPresidentSell50,000$42.76$2,138,000.00View SEC Filing  
2/3/2014Gale KlappaCEOSell19,000$42.75$812,250.00View SEC Filing  
2/3/2014Susan MartinVPSell5,000$42.80$214,000.00View SEC Filing  
1/24/2014Allen LeverettPresidentSell40,000$42.01$1,680,400.00View SEC Filing  
10/23/2013Gale E KlappaCEOSell200,000$42.17$8,434,000.00View SEC Filing  
2/12/2013Henry W KnueppelDirectorBuy2,500$39.84$99,600.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for WEC Energy Group (NYSE:WEC)
Latest Headlines for WEC Energy Group (NYSE:WEC)
Source:
DateHeadline
investorplace.com logoDUK, ED and WEC stock are all being driven higher by the search for yield (NYSE:WEC)
investorplace.com - March 6 at 11:39 AM
investorplace.com logo3 Big Stock Charts for Monday: Duke Energy Corp (DUK), Consolidated Edison, Inc. (ED) and WEC Energy Group Inc (WEC) (NYSE:WEC)
investorplace.com - March 6 at 10:35 AM
finance.yahoo.com logoOver 120 Peoples Gas 'plungers' will make a splash for Chicago Special Olympics March 5 (NYSE:WEC)
finance.yahoo.com - March 4 at 8:37 PM
finance.yahoo.com logoWEC ENERGY GROUP, INC. Financials (NYSE:WEC)
finance.yahoo.com - March 4 at 8:37 PM
nasdaq.com logoWEC Energy Group (WEC) Shares Cross Above 200 DMA (NYSE:WEC)
www.nasdaq.com - February 28 at 8:15 PM
biz.yahoo.com logoWEC ENERGY GROUP, INC. Files SEC form 10-K, Annual Report (NYSE:WEC)
biz.yahoo.com - February 28 at 8:15 PM
finance.yahoo.com logoCenterPoint Energy (CNP) Misses on Q4 Earnings, Gives View (NYSE:WEC)
finance.yahoo.com - February 28 at 11:03 AM
finance.yahoo.com logoConsolidated Edison (ED) Tops Q4 Earnings, Gives 2017 View (NYSE:WEC)
finance.yahoo.com - February 17 at 5:10 PM
biz.yahoo.com logoWEC ENERGY GROUP, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:WEC)
biz.yahoo.com - February 17 at 7:16 AM
reuters.com logoBRIEF-WEC Energy Group earnings in 2017 are expected to be in a range of $3.06 to $3.12 per share - SEC Filing (NYSE:WEC)
www.reuters.com - February 14 at 8:56 PM
streetinsider.com logoForm SC 13G WEC ENERGY GROUP, INC. Filed by: STATE STREET CORP - StreetInsider.com (NYSE:WEC)
www.streetinsider.com - February 12 at 7:04 AM
streetinsider.com logoForm SC 13G WEC ENERGY GROUP, INC. Filed by: STATE STREET CORP (NYSE:WEC)
www.streetinsider.com - February 11 at 6:17 AM
streetinsider.com logoForm 4 WEC ENERGY GROUP, INC. For: Jan 31 Filed by: Martin Susan H. (NYSE:WEC)
www.streetinsider.com - February 3 at 6:45 AM
seekingalpha.com logoWEC Energy Group, Inc. 2016 Q4 - Results - Earnings Call Slides (NYSE:WEC)
seekingalpha.com - February 3 at 6:45 AM
finance.yahoo.com logoWEC Energy Group downgraded by Mizuho (NYSE:WEC)
finance.yahoo.com - February 3 at 6:45 AM
finance.yahoo.com logoWEC Energy (WEC) Q4 Earnings & Revenues Miss the Mark (NYSE:WEC)
finance.yahoo.com - February 2 at 6:43 AM
finance.yahoo.com logoWEC Energy (WEC) Q4 Earnings & Revenues Miss Estimates (NYSE:WEC)
finance.yahoo.com - February 2 at 6:43 AM
biz.yahoo.com logoWEC Energy Group Inc Earnings Call scheduled for 2:00 pm ET today (NYSE:WEC)
biz.yahoo.com - February 2 at 6:43 AM
finance.yahoo.com logoEdited Transcript of WEC earnings conference call or presentation 1-Feb-17 7:00pm GMT (NYSE:WEC)
finance.yahoo.com - February 2 at 6:43 AM
finance.yahoo.com logoWEC Energy Group posts 2016 fourth-quarter and full-year results (NYSE:WEC)
finance.yahoo.com - February 1 at 7:23 AM

Social

Frequently Asked Questions for WEC Energy Group (NYSE:WEC)

What is WEC Energy Group's stock symbol?

WEC Energy Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "WEC."

How often does WEC Energy Group pay dividends? What is the dividend yield for WEC Energy Group?

WEC Energy Group announced a quarterly dividend on Friday, December 2nd. Stockholders of record on Tuesday, February 14th will be paid a dividend of $0.52 per share on Wednesday, March 1st. This represents a $2.08 annualized dividend and a dividend yield of 3.42%. The ex-dividend date is Friday, February 10th. This is an increase from WEC Energy Group's previous quarterly dividend of $0.50.

How were WEC Energy Group's earnings last quarter?

WEC Energy Group Inc (NYSE:WEC) announced its quarterly earnings results on Wednesday, February, 1st. The company reported $0.61 EPS for the quarter, missing analysts' consensus estimates of $0.62 by $0.01. The company had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.85 billion. WEC Energy Group had a net margin of 12.58% and a return on equity of 10.63%. The company's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.63 EPS.

When will WEC Energy Group make its next earnings announcement?

WEC Energy Group is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

What guidance has WEC Energy Group issued on next quarter's earnings?

WEC Energy Group issued an update on its first quarter earnings guidance on Wednesday, February, 1st. The company provided EPS guidance of $1.02-1.06 for the period, compared to the Thomson Reuters consensus estimate of $1.15.

Where is WEC Energy Group's stock going? Where will WEC Energy Group's stock price be in 2017?

6 brokers have issued twelve-month target prices for WEC Energy Group's shares. Their predictions range from $59.00 to $70.00. On average, they anticipate WEC Energy Group's stock price to reach $63.25 in the next year.

Are investors shorting WEC Energy Group?

WEC Energy Group saw a decline in short interest in the month of February. As of February 15th, there was short interest totalling 9,268,728 shares, a decline of 24.2% from the January 31st total of 12,231,228 shares. Based on an average daily trading volume, of 1,956,174 shares, the days-to-cover ratio is presently 4.7 days. Approximately 2.9% of the company's shares are short sold.

Who owns WEC Energy Group stock?

WEC Energy Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include VANGUARD GROUP INC (10.11%), State Street Corp (5.10%), Janus Capital Management LLC (0.90%), Franklin Resources Inc. (0.68%), Westwood Holdings Group Inc. (0.59%) and Santa Barbara Asset Management LLC (0.58%). Company insiders that own WEC Energy Group stock include Allen L Leverett, Barbara L Bowles, Charles R Matthews, Gale E Klappa, Joan M Shafer, Robert M Garvin, Susan H Martin and William J Brodsky.

Who sold WEC Energy Group stock? Who is selling WEC Energy Group stock?

WEC Energy Group's stock was sold by a variety of institutional investors in the last quarter, including Paradigm Asset Management Co. LLC, Thrivent Financial for Lutherans, AMF Pensionsforsakring AB, Oarsman Capital Inc., Teachers Retirement System of The State of Kentucky, Aberdeen Asset Management PLC UK, Credit Agricole S A and Metropolitan Life Insurance Co. NY. Company insiders that have sold WEC Energy Group stock in the last year include Allen L Leverett, Charles R Matthews, Gale E Klappa, Joan M Shafer, Robert M Garvin and Susan H Martin.

Who bought WEC Energy Group stock? Who is buying WEC Energy Group stock?

WEC Energy Group's stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Russell Investments Group Ltd., Asset Management One Co. Ltd., Energy Income Partners LLC, Renaissance Technologies LLC, Westwood Holdings Group Inc., Santa Barbara Asset Management LLC and Guggenheim Capital LLC.

How do I buy WEC Energy Group stock?

Shares of WEC Energy Group 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 WEC Energy Group stock cost?

One share of WEC Energy Group stock can currently be purchased for approximately $60.86.

WEC Energy Group (WEC) Chart for Wednesday, March, 22, 2017

This page was last updated on 3/22/2017 by MarketBeat.com Staff