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 declared a quarterly dividend on Wednesday, October 16th. Investors of record on Thursday, November 14th will be paid 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 of this dividend is Wednesday, November 13th. View WEC Energy Group's Dividend History.

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 had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.68 billion. WEC Energy Group had a return on equity of 10.91% and a net margin of 14.32%. The company's revenue was down 2.2% compared to the same quarter last year. During the same quarter last 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 issued an update on its FY19 earnings guidance on Wednesday, November, 6th. The company provided EPS guidance of $3.51-3.53 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.53.

13 brokers have issued 1 year target prices for WEC Energy Group's shares. Their forecasts range from $70.00 to $102.00. On average, they anticipate WEC Energy Group's stock price to reach $85.18 in the next twelve months. This suggests that the stock has a possible downside of 3.2%. View Analyst Price Targets for WEC Energy Group.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WEC Energy Group in the last year. There are currently 4 sell ratings, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for WEC Energy Group.

Media headlines about WEC stock have trended somewhat negative recently, according to InfoTrie Sentiment. The research group rates the sentiment of 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 -1.4 on InfoTrie's scale. They also gave news coverage about the utilities provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for WEC Energy Group.

WEC Energy Group saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 10,050,000 shares, an increase of 5.2% from the August 30th total of 9,550,000 shares. Based on an average daily volume of 1,830,000 shares, the days-to-cover ratio is presently 5.5 days. Currently, 3.2% of the shares of the company are sold short. View WEC Energy Group's Current Options Chain.

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), Verizon Communications (VZ), Exxon Mobil (XOM), Procter & Gamble (PG), Johnson & Johnson (JNJ), Altria Group (MO), Southern (SO), Cisco Systems (CSCO) and Chevron (CVX).

WEC Energy Group's stock is owned by a number of of retail and institutional investors. Top institutional investors 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 $87.97.

WEC Energy Group has a market capitalization of $27.75 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]