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

$88.78
-0.75 (-0.84 %)
(As of 12/13/2019 02:59 AM ET)
Today's Range
$88.55
Now: $88.78
$89.53
50-Day Range
$86.96
MA: $89.84
$94.09
52-Week Range
$66.75
Now: $88.78
$98.19
Volume1.23 million shs
Average Volume1.66 million shs
Market Capitalization$28.00 billion
P/E Ratio26.58
Dividend Yield2.64%
Beta-0.03
WEC 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. Read More…

Industry, Sector and Symbol

Industry Electric & other services combined
Sub-IndustryMulti-Utilities
SectorUtilities
CUSIP97665710
Phone414-221-2345

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.68 billion
Cash Flow$6.04 per share
Book Value$31.10 per share

Profitability

Net Income$1.06 billion

Miscellaneous

Employees7,878
Market Cap$28.00 billion
Next Earnings Date2/11/2020 (Estimated)
OptionableOptionable

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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 Thursday, December 5th. Shareholders of record on Friday, February 14th will be given a dividend of $0.6325 per share on Sunday, March 1st. This represents a $2.53 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date of this dividend is Thursday, February 13th. This is a positive change from WEC Energy Group's previous quarterly dividend of $0.59. View WEC Energy Group's Dividend History.

How were WEC Energy Group's earnings last quarter?

WEC Energy Group Inc (NYSE:WEC) announced its earnings results on Wednesday, November, 6th. The utilities provider reported $0.74 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.71 by $0.03. The utilities provider earned $1.61 billion during the quarter, compared to the consensus estimate of $1.68 billion. WEC Energy Group had a net margin of 14.32% and a return on equity of 10.91%. The company's quarterly revenue was down 2.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.74 EPS. 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 Tuesday, February 11th 2020. View Earnings Estimates for WEC Energy Group.

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

WEC Energy Group updated its FY19 earnings guidance on Wednesday, November, 6th. The company provided earnings per share guidance of $3.51-3.53 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.53.

What price target have analysts set for WEC?

11 analysts have issued twelve-month target prices for WEC Energy Group's stock. Their forecasts range from $70.00 to $102.00. On average, they expect WEC Energy Group's share price to reach $85.67 in the next twelve months. This suggests that the stock has a possible downside of 3.5%. View Analyst Price Targets for WEC Energy Group.

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

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WEC Energy Group in the last year. There are currently 4 sell ratings, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for WEC Energy Group.

Has WEC Energy Group been receiving favorable news coverage?

News articles about WEC stock have been trending negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. WEC Energy Group earned a news sentiment score of -2.0 on InfoTrie's scale. They also assigned headlines about the utilities provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for WEC Energy Group.

Are investors shorting WEC Energy Group?

WEC Energy Group saw a decline in short interest during the month of November. As of November 29th, there was short interest totalling 9,740,000 shares, a decline of 8.9% from the November 14th total of 10,690,000 shares. Based on an average trading volume of 1,450,000 shares, the days-to-cover ratio is currently 6.7 days. Currently, 3.1% of the company's shares are sold short. View WEC Energy Group's Current Options Chain.

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

What other stocks do shareholders of WEC Energy Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other WEC Energy Group investors own include AT&T (T), Exxon Mobil (XOM), Xcel Energy (XEL), Verizon Communications (VZ), Procter & Gamble (PG), Johnson & Johnson (JNJ), Altria Group (MO), Chevron (CVX), Intel (INTC) and Southern (SO).

Who are WEC Energy Group's key executives?

WEC Energy Group's management team includes the folowing people:
  • Mr. Gale E. Klappa, Exec. Chairman (Age 68)
  • Mr. Joseph Kevin Fletcher, Pres, CEO & Director (Age 60)
  • Mr. Scott J. Lauber, Sr. EVP, CFO & Treasurer (Age 53)
  • Ms. Margaret C. Kelsey, Exec. VP, Gen. Counsel & Corp. Sec. (Age 54)
  • Mr. Frederick D. Kuester, Sr. Exec. VP (Age 68)

Who are WEC Energy Group's major shareholders?

WEC Energy Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (5.36%), California Public Employees Retirement System (0.81%), Pictet Asset Management Ltd. (0.71%), Barclays PLC (0.61%), Scout Investments Inc. (0.50%) and Sumitomo Mitsui Trust Holdings Inc. (0.47%). Company insiders that own WEC Energy Group stock include Allen L Leverett, Barbara L Bowles, Charles R Matthews, Curt S Culver, Frederick D Kuester, Gale E Klappa, Joseph Kevin Fletcher, Mary Beth Straka, Scott J Lauber, Tom Metcalfe, Ulice Payne, Jr and William J Guc. 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 Barclays PLC, Retirement Systems of Alabama, Massachusetts Financial Services Co. MA, Scout Investments Inc., Vaughan Nelson Investment Management L.P., Robeco Institutional Asset Management B.V., Carillon Tower Advisers Inc. and First Quadrant L P CA. Company insiders that have sold WEC Energy Group company stock in the last year include Allen L Leverett, Barbara L Bowles, Charles R Matthews, Curt S Culver, Gale E Klappa, Joseph Kevin Fletcher, Mary Beth Straka, Scott J Lauber, Tom Metcalfe, Ulice Payne, Jr and William J Guc. 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 State Street Corp, California Public Employees Retirement System, Pictet Asset Management Ltd., State of New Jersey Common Pension Fund D, Sumitomo Mitsui Trust Holdings Inc., Russell Investments Group Ltd., Huntington National Bank and CWM LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is WEC Energy Group's stock price today?

One share of WEC stock can currently be purchased for approximately $88.78.

How big of a company is WEC Energy Group?

WEC Energy Group has a market capitalization of $28.00 billion and generates $7.68 billion in revenue each year. The utilities provider earns $1.06 billion in net income (profit) each year or $3.34 on an earnings per share basis. WEC Energy Group employs 7,878 workers across the globe.View Additional Information About WEC Energy Group.

What is WEC Energy Group's official website?

The official website for WEC Energy Group is http://www.wecenergygroup.com/.

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 or via email at [email protected]


MarketBeat Community Rating for WEC Energy Group (NYSE WEC)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  359 (Vote Outperform)
Underperform Votes:  563 (Vote Underperform)
Total Votes:  922
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 12/13/2019 by MarketBeat.com Staff

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