NYSE:WEC

WEC Energy Group Stock Forecast, Price & News

$90.17
-0.50 (-0.55 %)
(As of 06/22/2021 12:00 AM ET)
Add
Compare
Today's Range
$90.11
$91.14
50-Day Range
$89.43
$99.26
52-Week Range
$80.55
$106.85
Volume1.81 million shs
Average Volume1.33 million shs
Market Capitalization$28.44 billion
P/E Ratio22.71
Dividend Yield2.99%
Beta0.18
30 days | 90 days | 365 days | Advanced Chart
Receive WEC News and Ratings via Email

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


WEC Energy Group logo

About WEC Energy Group

WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable 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, solar, and biomass sources; provides electric transmission services; offers retail natural gas distribution services; transports natural gas; and generates, distributes, and sells steam. As of December 31, 2020, it operated approximately 36,100 miles of overhead distribution lines and 34,900 miles of underground distribution cables, as well as 450 electric distribution substations and 507,900 line transformers; 50,300 miles of natural gas distribution mains; 1,100 miles of natural gas transmission mains; 2.3 million natural gas lateral services; 500 natural gas distribution and transmission gate stations; and 68.2 billion cubic feet of working gas capacities in underground natural gas storage fields. 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 incorporated in 1981 and is headquartered in Milwaukee, Wisconsin.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Social Links


MarketRank

Overall MarketRank

1.73 out of 5 stars

Utilities Sector

60th out of 280 stocks

Electric & Other Services Combined Industry

14th out of 27 stocks

Analyst Opinion: 1.3Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











WEC Energy Group (NYSE:WEC) Frequently Asked Questions

Is WEC Energy Group a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for WEC Energy Group in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" WEC Energy Group stock.
View analyst ratings for WEC Energy Group
or view top-rated stocks.

What stocks does MarketBeat like better than WEC Energy Group?

Wall Street analysts have given WEC Energy Group a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but WEC Energy Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting WEC Energy Group?

WEC Energy Group saw a decrease in short interest during the month of May. As of May 28th, there was short interest totaling 3,260,000 shares, a decrease of 17.5% from the May 13th total of 3,950,000 shares. Based on an average daily volume of 1,230,000 shares, the short-interest ratio is currently 2.7 days. Currently, 1.0% of the company's stock are short sold.
View WEC Energy Group's Short Interest
.

When is WEC Energy Group's next earnings date?

WEC Energy Group is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for WEC Energy Group
.

How were WEC Energy Group's earnings last quarter?

WEC Energy Group, Inc. (NYSE:WEC) issued its quarterly earnings data on Sunday, May, 2nd. The utilities provider reported $1.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.47 by $0.14. The utilities provider had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.22 billion. WEC Energy Group had a trailing twelve-month return on equity of 11.83% and a net margin of 16.08%. The business's revenue was up 27.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.43 EPS.
View WEC Energy Group's earnings history
.

How has WEC Energy Group's stock price been impacted by Coronavirus?

WEC Energy Group's stock was trading at $97.45 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, WEC shares have decreased by 7.5% and is now trading at $90.17.
View which stocks have been most impacted by COVID-19
.

How often does WEC Energy Group pay dividends? What is the dividend yield for WEC Energy Group?

WEC Energy Group announced a quarterly dividend on Thursday, April 15th. Investors of record on Friday, May 14th will be given a dividend of $0.6775 per share on Tuesday, June 1st. This represents a $2.71 annualized dividend and a dividend yield of 3.01%. The ex-dividend date of this dividend is Thursday, May 13th.
View WEC Energy Group's dividend history
.

Is WEC Energy Group a good dividend stock?

WEC Energy Group pays an annual dividend of $2.71 per share and currently has a dividend yield of 2.99%. WEC Energy Group does not yet have a strong track record of dividend growth. The dividend payout ratio of WEC Energy Group is 71.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WEC Energy Group will have a dividend payout ratio of 63.62% next year. This indicates that WEC Energy Group will be able to sustain or increase its dividend.
View WEC Energy Group's dividend history.

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

WEC Energy Group issued an update on its FY 2021 earnings guidance on Tuesday, June, 15th. The company provided earnings per share guidance of $4.030-4.030 for the period, compared to the Thomson Reuters consensus estimate of $4.020. The company issued revenue guidance of -.

What price target have analysts set for WEC?

8 Wall Street analysts have issued twelve-month price objectives for WEC Energy Group's stock. Their forecasts range from $83.00 to $112.00. On average, they anticipate WEC Energy Group's share price to reach $97.88 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price.
View analysts' price targets for WEC Energy Group
or view top-rated stocks among Wall Street analysts.

Who are WEC Energy Group's key executives?

WEC Energy Group's management team includes the following people:
  • Mr. Gale E. Klappa, Exec. Chairman (Age 70, Pay $3.62M)
  • Mr. Joseph Kevin Fletcher, Pres, CEO & Director (Age 62, Pay $3.94M)
  • Ms. Xia Liu C.F.A., Exec. VP & CFO (Age 51, Pay $1.52M)
  • Mr. Scott J. Lauber, Sr. EVP & COO (Age 55, Pay $2.12M)
  • Ms. Margaret C. Kelsey, Exec. VP, Gen. Counsel & Corp. Sec. (Age 56, Pay $1.58M)
  • Mr. Robert M. Garvin, Exec. VP of External Affairs (Age 54, Pay $1.21M)
  • Mr. William J. Guc, VP, Controller & Principal Accounting Officer (Age 51)
  • Mr. Joshua Erickson, Director of Legal Services, Corp. & Fin.
  • Ms. Molly Mulroy, Chief Information Officer & VP
  • Ms. Mary Beth Straka CPA, CPA, Sr. VP of Corp. Communications & Investor Relations (Age 56)

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), Johnson & Johnson (JNJ), Verizon Communications (VZ), Exxon Mobil (XOM), The Procter & Gamble (PG), Intel (INTC), (XEL), Altria Group (MO), Pfizer (PFE) and Walmart (WMT).

What is WEC Energy Group's stock symbol?

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

Who are WEC Energy Group's major shareholders?

WEC Energy Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.59%), Magellan Asset Management Ltd (7.69%), Geode Capital Management LLC (1.76%), Northern Trust Corp (1.50%), JPMorgan Chase & Co. (1.25%) and Ameriprise Financial Inc. (1.08%). Company insiders that own WEC Energy Group stock include Barbara L Bowles, Charles R Matthews, Curt S Culver, Gale E Klappa, Joseph Kevin Fletcher, Maria C Green, Mary Beth Straka, Robert M Garvin, Scott J Lauber, Thomas K Lane, Tom Metcalfe, Ulice Payne, Jr and William J Guc.
View institutional ownership trends for WEC Energy Group
.

Which major investors are selling WEC Energy Group stock?

WEC stock was sold by a variety of institutional investors in the last quarter, including Westwood Holdings Group Inc., Retirement Systems of Alabama, Northern Trust Corp, Bahl & Gaynor Inc., State of Tennessee Treasury Department, Janus Henderson Group PLC, GWM Advisors LLC, and CIBC Private Wealth Group LLC. Company insiders that have sold WEC Energy Group company stock in the last year include Charles R Matthews, Gale E Klappa, Robert M Garvin, and Ulice Payne, Jr.
View insider buying and selling activity for WEC Energy Group
or view top insider-selling stocks.

Which major investors are buying WEC Energy Group stock?

WEC stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Price T Rowe Associates Inc. MD, Magellan Asset Management Ltd, BlackRock Inc., Scout Investments Inc., NFJ Investment Group LLC, JPMorgan Chase & Co., and TD Asset Management Inc.. Company insiders that have bought WEC Energy Group stock in the last two years include Curt S Culver, and Thomas K Lane.
View insider buying and selling activity for WEC Energy Group
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is WEC Energy Group's stock price today?

One share of WEC stock can currently be purchased for approximately $90.17.

How much money does WEC Energy Group make?

WEC Energy Group has a market capitalization of $28.44 billion and generates $7.24 billion in revenue each year. The utilities provider earns $1.20 billion in net income (profit) each year or $3.79 on an earnings per share basis.

How many employees does WEC Energy Group have?

WEC Energy Group employs 7,273 workers across the globe.

Does WEC Energy Group have any subsidiaries?

The following companies are subsidiares of WEC Energy Group: ATC Development Manager Inc., ATC Holdco LLC, ATC Holding LLC, ATC Management Inc., American Transmission Company LLC, BGS Kimball Gas Storage LLC, Bishop Hill Energy III Holdings LLC, Blooming Grove Wind Energy Center Holdings LLC, Bluewater Gas Storage LLC, Bluewater Natural Gas Holding LLC, Coyote Ridge Wind LLC, Elm Road Generating Station Supercritical LLC, Elm Road Services LLC, Integrys Energy Group, Integrys Holding Inc., Michigan Gas Utilities Corporation, Minnesota Energy Resources Corporation, North Shore Gas Company, Peoples Energy LLC, Peoples Energy Ventures LLC, Port Washington Generating Station LLC, Tatanka Ridge Wind LLC, The Peoples Gas Light and Coke Company, Upper Michigan Energy Resources Corporation, Upstream Wind Energy Holdings LLC, W.E. Power LLC, WEC Business Services LLC, WEC Infrastructure LLC, WEC Infrastructure Wind Holding I LLC, WEC Investments LLC, WISPARK LLC, WPS Power Development LLC, WPS Visions Inc., Wicor, Wisconsin Electric Power Company, Wisconsin Energy Capital Corporation, Wisconsin Gas LLC, Wisconsin Public Service Corporation, Wisconsin River Power Company, Wisconsin Valley Improvement Company, and Wisvest LLC.

When was WEC Energy Group founded?

WEC Energy Group was founded in 1981.

What is WEC Energy Group's official website?

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

Where are WEC Energy Group's headquarters?

WEC Energy Group is headquartered at 231 WEST MICHIGAN STREET P O BOX 1331, MILWAUKEE WI, 53201.

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]


This page was last updated on 6/23/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.