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

$93.70
+0.22 (+0.24 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$93.21
Now: $93.70
$94.10
50-Day Range
$86.56
MA: $91.77
$97.4850
52-Week Range
$64.96
Now: $93.70
$98.19
Volume1.73 million shs
Average Volume2.08 million shs
Market Capitalization$29.56 billion
P/E Ratio28.05
Dividend Yield2.53%
Beta0.05
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$6.0765 per share
Book Value$31.10 per share

Profitability

Net Income$1.06 billion

Miscellaneous

Employees7,878
Market Cap$29.56 billion
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable

Receive WEC News and Ratings via Email

Sign-up to receive the latest news and ratings for WEC and its competitors with MarketBeat's FREE daily newsletter.


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, July 18th. Stockholders of record on Wednesday, August 14th will be given a dividend of $0.59 per share on Sunday, September 1st. This represents a $2.36 annualized dividend and a dividend yield of 2.52%. The ex-dividend date of this dividend is Tuesday, August 13th. View WEC Energy Group's Dividend History.

How were WEC Energy Group's earnings last quarter?

WEC Energy Group Inc (NYSE:WEC) announced its quarterly earnings results on Monday, August, 5th. The utilities provider reported $0.74 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.70 by $0.04. The utilities provider earned $1.59 billion during the quarter, compared to the consensus estimate of $1.65 billion. WEC Energy Group had a net margin of 14.24% and a return on equity of 11.00%. The company's quarterly revenue was down 4.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.73 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 Wednesday, October 30th 2019. View Earnings Estimates for WEC Energy Group.

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

WEC Energy Group issued an update on its FY19 earnings guidance on Monday, August, 5th. The company provided EPS guidance of $3.50-3.53 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.51.

What price target have analysts set for WEC?

12 analysts have issued 12-month target prices for WEC Energy Group's shares. Their predictions range from $66.00 to $102.00. On average, they anticipate WEC Energy Group's stock price to reach $81.50 in the next year. This suggests that the stock has a possible downside of 13.0%. 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 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.

Has WEC Energy Group been receiving favorable news coverage?

News headlines about WEC stock have been trending somewhat negative this week, InfoTrie reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. WEC Energy Group earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave media headlines about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for WEC Energy Group.

Are investors shorting WEC Energy Group?

WEC Energy Group saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 12,766,600 shares, an increase of 9.6% from the July 31st total of 11,651,000 shares. Based on an average daily volume of 1,700,000 shares, the short-interest ratio is currently 7.5 days. Approximately 4.1% of the company's stock 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), Altria Group (MO), Verizon Communications (VZ), Xcel Energy (XEL), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Procter & Gamble (PG), Cisco Systems (CSCO), Realty Income (O) 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 many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (12.50%), BlackRock Inc. (8.93%), BlackRock Inc. (8.93%), Magellan Asset Management Ltd (2.16%), Wells Fargo & Company MN (2.12%) and Bank of America Corp DE (1.99%). 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 Renaissance Technologies LLC, UBS Asset Management Americas Inc., Bank of America Corp DE, JPMorgan Chase & Co., APG Asset Management N.V., Westwood Holdings Group Inc., Baillie Gifford & Co. and Duff & Phelps Investment Management Co.. 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 bought by a variety of institutional investors in the last quarter, including Magellan Asset Management Ltd, Nuveen Asset Management LLC, Scout Investments Inc., Vanguard Group Inc., BlackRock Inc., BlackRock Inc., Carillon Tower Advisers Inc. and California Public Employees Retirement System. 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 $93.70.

How big of a company is WEC Energy Group?

WEC Energy Group has a market capitalization of $29.56 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:  343 (Vote Outperform)
Underperform Votes:  541 (Vote Underperform)
Total Votes:  884
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 9/21/2019 by MarketBeat.com Staff

Featured Article: Fundamental Analysis

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel