NYSE:WEC - WEC Energy Group Stock Price, News, & Analysis

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$67.46 +0.31 (+0.46 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$66.85
Today's Range$66.21 - $67.68
52-Week Range$58.48 - $70.09
Volume183,745 shs
Average Volume1.44 million shs
Market Capitalization$21.13 billion
P/E Ratio21.37
Dividend Yield3.30%
BetaN/A
WEC Energy Group logoWEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and nonregulated renewable energy services in the United States. The company operates through six segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. It generates and distributes electricity from coal, natural gas, oil, hydroelectric, wind, and biomass sources; provides electricity transmission services; offers retail natural gas distribution services; transports customer-owned natural gas; and generates, distributes, and sells steam. The company offers electricity to approximately 1.6 million residential, small and large commercial and industrial, and other customers; and natural gas to 2.8 million residential, and commercial and industrial customers. As of December 31, 2017, it operated approximately 37,100 miles of overhead distribution lines and 32,500 miles of underground distribution cable, as well as approximately 500 distribution substations and 495,500 line transformers; and approximately 47,900 miles of natural gas distribution mains, as well as 1,200 miles of natural gas transmission mains. In addition, WEC Energy Group, Inc. invests in and develops real estate properties, including business parks and other commercial real estate projects primarily in southeastern Wisconsin. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1981 and is headquartered in Milwaukee, Wisconsin.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Electric & other services combined
Sub-IndustryMulti-Utilities
SectorUtilities
SymbolNYSE:WEC
CUSIP97665710
Phone414-221-2345

Debt

Debt-to-Equity Ratio0.95
Current Ratio0.59
Quick Ratio0.44

Price-To-Earnings

Trailing P/E Ratio21.37
Forward P/E Ratio20.32
P/E Growth4.89

Sales & Book Value

Annual Sales$7.65 billion
Price / Sales2.78
Cash Flow$5.7315 per share
Price / Cash11.77
Book Value$29.98 per share
Price / Book2.25

Profitability

EPS (Most Recent Fiscal Year)$3.14
Net Income$1.20 billion
Net Margins16.56%
Return on Equity11.18%
Return on Assets3.37%

Miscellaneous

Employees8,129
Outstanding Shares315,530,000
Market Cap$21.13 billion

WEC Energy Group (NYSE:WEC) Frequently Asked Questions

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 declared a quarterly dividend on Friday, July 20th. Stockholders of record on Tuesday, August 14th will be paid a dividend of $0.5525 per share on Saturday, September 1st. This represents a $2.21 annualized dividend and a dividend yield of 3.27%. The ex-dividend date of this dividend is Monday, August 13th. View WEC Energy Group's Dividend History.

How were WEC Energy Group's earnings last quarter?

WEC Energy Group Inc (NYSE:WEC) issued its earnings results on Tuesday, July, 31st. The utilities provider reported $0.73 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.67 by $0.06. The utilities provider had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.57 billion. WEC Energy Group had a net margin of 16.56% and a return on equity of 11.18%. The firm's quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.63 earnings per share. View WEC Energy Group's Earnings History.

When is WEC Energy Group's next earnings date?

WEC Energy Group is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for WEC Energy Group.

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

WEC Energy Group updated its FY18 earnings guidance on Tuesday, July, 31st. The company provided EPS guidance of $3.32 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.30.

What price target have analysts set for WEC?

12 brokerages have issued 12 month target prices for WEC Energy Group's shares. Their forecasts range from $63.00 to $75.00. On average, they anticipate WEC Energy Group's share price to reach $69.00 in the next year. This suggests a possible upside of 2.2% from the stock's current price. View Analyst Price Targets for WEC Energy Group.

What is the consensus analysts' recommendation for WEC Energy Group?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WEC Energy Group in the last year. There are currently 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for WEC Energy Group.

Who are some of WEC Energy Group's key competitors?

Who are WEC Energy Group's key executives?

WEC Energy Group's management team includes the folowing people:
  • Mr. Gale E. Klappa, Chairman & CEO (Age 67)
  • Mr. Allen Lewis Leverett, Pres & Director (Leave of Absence) (Age 51)
  • Mr. Scott J. Lauber, Exec. VP & CFO (Age 52)
  • Mr. James Patrick Keyes, Exec. VP of Strategy (Age 52)
  • Mr. Joseph Kevin Fletcher, Pres of Wisconsin Segment (Age 60)

Has WEC Energy Group been receiving favorable news coverage?

Media stories about WEC stock have been trending somewhat positive on Friday, Accern reports. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. WEC Energy Group earned a news and rumor sentiment score of 0.18 on Accern's scale. They also assigned news stories about the utilities provider an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for WEC Energy Group.

Who are WEC Energy Group's major shareholders?

WEC Energy Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.67%), Wells Fargo & Company MN (2.32%), Northern Trust Corp (1.64%), PNC Financial Services Group Inc. (1.18%), Epoch Investment Partners Inc. (1.17%) and Renaissance Technologies LLC (0.99%). Company insiders that own WEC Energy Group stock include Allen L Leverett, Barbara L Bowles, Frederick D Kuester, Gale E Klappa, James A Schubilske, Scott J Lauber, Susan H Martin, Tom Metcalfe and Ulice Payne, Jr. View Institutional Ownership Trends for WEC Energy Group.

Which institutional investors are selling WEC Energy Group stock?

WEC stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Bank of Nova Scotia, Janus Henderson Group PLC, Epoch Investment Partners Inc., Federated Investors Inc. PA, Stevens Capital Management LP, Advisors Asset Management Inc. and TD Asset Management Inc.. Company insiders that have sold WEC Energy Group company stock in the last year include Barbara L Bowles, Frederick D Kuester, Gale E Klappa, Scott J Lauber and Ulice Payne, Jr. View Insider Buying and Selling for WEC Energy Group.

Which institutional investors are buying WEC Energy Group stock?

WEC stock was acquired by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Virginia Retirement Systems ET AL, Retirement Systems of Alabama, Magellan Asset Management Ltd, Rathbone Brothers plc, Adams Diversified Equity Fund Inc., California Public Employees Retirement System and Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp. View Insider Buying and Selling for WEC Energy Group.

How do I buy shares of WEC Energy Group?

Shares of WEC 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 WEC Energy Group's stock price today?

One share of WEC stock can currently be purchased for approximately $67.54.

How big of a company is WEC Energy Group?

WEC Energy Group has a market capitalization of $21.13 billion and generates $7.65 billion in revenue each year. The utilities provider earns $1.20 billion in net income (profit) each year or $3.14 on an earnings per share basis. WEC Energy Group employs 8,129 workers across the globe.

How can I contact WEC Energy Group?

WEC Energy Group's mailing address is 231 WEST MICHIGAN STREET P O BOX 1331, MILWAUKEE WI, 53201. The utilities provider can be reached via phone at 414-221-2345.


MarketBeat Community Rating for WEC Energy Group (NYSE WEC)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  280 (Vote Outperform)
Underperform Votes:  476 (Vote Underperform)
Total Votes:  756
MarketBeat's community ratings are surveys of what our community members think about WEC Energy Group and other stocks. Vote "Outperform" if you believe WEC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WEC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/21/2018 by MarketBeat.com Staff

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