WEC Energy Group Stock Price, Forecast & Analysis (NYSE:WEC)

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

WEC Energy Group announced a quarterly dividend on Wednesday, October 16th. Shareholders of record on Thursday, November 14th will be given a dividend of $0.59 per share on Sunday, December 1st. This represents a $2.36 annualized dividend and a yield of 2.68%. The ex-dividend date is Wednesday, November 13th. View WEC Energy Group's Dividend History.

WEC Energy Group Inc (NYSE:WEC) announced its quarterly earnings data on Wednesday, November, 6th. The utilities provider reported $0.74 EPS for the quarter, topping analysts' consensus estimates of $0.71 by $0.03. The utilities provider earned $1.61 billion during the quarter, compared to analyst estimates 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 revenue was down 2.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.74 earnings per share. View WEC Energy Group's Earnings History.

WEC Energy Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 11th 2020. View Earnings Estimates for WEC Energy Group.

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 earnings per share estimate of $3.53.

12 brokerages have issued twelve-month price targets for WEC Energy Group's stock. Their forecasts range from $70.00 to $102.00. On average, they anticipate WEC Energy Group's stock price to reach $86.40 in the next year. This suggests that the stock has a possible downside of 2.0%. View Analyst Price Targets 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 4 sell ratings, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for WEC Energy Group.

Headlines about WEC stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. WEC Energy Group earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned headlines about the utilities provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for WEC Energy Group.

Some companies that are related to WEC Energy Group include Dominion Energy (D), Sempra Energy (SRE), Public Service Enterprise Group (PEG), Consolidated Edison (ED), DTE Energy (DTE), Ameren (AEE), CMS Energy (CMS), CenterPoint Energy (CNP), Alliant Energy (LNT), NiSource (NI), Mdu Resources Group (MDU), Black Hills (BKH), PG&E (PCG), NorthWestern (NWE) and Avista (AVA).

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

WEC Energy Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include California Public Employees Retirement System (0.81%), Scout Investments Inc. (0.50%), Sumitomo Mitsui Trust Holdings Inc. (0.47%), Massachusetts Financial Services Co. MA (0.47%), Duff & Phelps Investment Management Co. (0.37%) and Carillon Tower Advisers Inc. (0.34%). 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.

WEC stock was sold by a variety of institutional investors in the last quarter, including 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., First Quadrant L P CA and Mackay Shields LLC. 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.

WEC stock was acquired by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, State of New Jersey Common Pension Fund D, Sumitomo Mitsui Trust Holdings Inc., Russell Investments Group Ltd., Huntington National Bank, CWM LLC, Teacher Retirement System of Texas and First Trust Advisors LP. View Insider Buying and Selling for 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.

One share of WEC stock can currently be purchased for approximately $88.20.

WEC Energy Group has a market capitalization of $27.82 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.

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

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]