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

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$72.22 +0.62 (+0.87 %)
(As of 11/20/2018 04:00 PM ET)
Previous Close$71.60
Today's Range$71.31 - $72.63
52-Week Range$58.48 - $72.63
Volume2.83 million shs
Average Volume1.91 million shs
Market Capitalization$22.37 billion
P/E Ratio23.00
Dividend Yield3.12%
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. The company offers electricity to approximately 1.6 million residential, small and large commercial and industrial, and other customers; and natural gas to 2.8 million residential, and commercial and industrial customers. As of December 31, 2017, it operated approximately 37,100 miles of overhead distribution lines and 32,500 miles of underground distribution cable, as well as approximately 500 distribution substations and 495,500 line transformers; and approximately 47,900 miles of natural gas distribution mains, as well as 1,200 miles of natural gas transmission mains. In addition, WEC Energy Group, Inc. invests in and develops real estate properties, including business parks and other commercial real estate projects primarily in southeastern Wisconsin. 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 founded in 1981 and is headquartered in Milwaukee, Wisconsin.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Electric & other services combined
Sub-IndustryMulti-Utilities
SectorUtilities
Current SymbolNYSE:WEC
Previous Symbol
CUSIP97665710
Phone414-221-2345

Debt

Debt-to-Equity Ratio0.93
Current Ratio0.51
Quick Ratio0.34

Price-To-Earnings

Trailing P/E Ratio23.00
Forward P/E Ratio21.69
P/E Growth4.86

Sales & Book Value

Annual Sales$7.65 billion
Price / Sales2.98
Cash Flow$5.7961 per share
Price / Cash12.46
Book Value$29.98 per share
Price / Book2.41

Profitability

EPS (Most Recent Fiscal Year)$3.14
Net Income$1.20 billion
Net Margins16.82%
Return on Equity11.18%
Return on Assets3.38%

Miscellaneous

Employees8,129
Outstanding Shares315,530,000
Market Cap$22.37 billion
OptionableOptionable

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, October 18th. Shareholders of record on Wednesday, November 14th will be given a dividend of $0.5525 per share on Saturday, December 1st. This represents a $2.21 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date of this dividend is Tuesday, November 13th. View WEC Energy Group's Dividend History.

How were WEC Energy Group's earnings last quarter?

WEC Energy Group Inc (NYSE:WEC) issued its earnings results on Wednesday, October, 31st. The utilities provider reported $0.74 EPS for the quarter, topping the consensus estimate of $0.71 by $0.03. The utilities provider earned $1.64 billion during the quarter, compared to analysts' expectations of $1.66 billion. WEC Energy Group had a net margin of 16.82% and a return on equity of 11.18%. WEC Energy Group's revenue for the quarter was down .8% on a year-over-year basis. During the same period last year, the company earned $0.68 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, January 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 FY 2018 earnings guidance on Wednesday, October, 31st. The company provided EPS guidance of $3.32-3.32 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.33. WEC Energy Group also updated its FY18 guidance to $3.32 EPS.

What price target have analysts set for WEC?

12 Wall Street analysts have issued twelve-month price targets for WEC Energy Group's stock. Their forecasts range from $65.00 to $75.00. On average, they anticipate WEC Energy Group's share price to reach $69.6667 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?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WEC Energy Group in the last year. There are currently 1 sell rating, 7 hold ratings and 4 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 somewhat negative on Tuesday, according to InfoTrie. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. WEC Energy Group earned a coverage optimism score of -1.2 on InfoTrie's scale. They also assigned news headlines about the utilities provider a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the next few days.

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

Who are WEC Energy Group's key executives?

WEC Energy Group's management team includes the folowing people:
  • Mr. Gale E. Klappa, Chairman & CEO (Age 67)
  • Mr. Joseph Kevin Fletcher, Pres (Age 60)
  • Mr. Scott J. Lauber, Exec. VP & CFO (Age 52)
  • Mr. James Patrick Keyes, Advisor (Age 52)
  • Mr. Allen Lewis Leverett, Director (Age 51)

Who are WEC Energy Group's major shareholders?

WEC Energy Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.71%), JPMorgan Chase & Co. (2.85%), Deutsche Bank AG (2.64%), Wells Fargo & Company MN (2.23%), Renaissance Technologies LLC (1.23%) and PNC Financial Services Group Inc. (1.17%). Company insiders that own WEC Energy Group stock include Allen L Leverett, Barbara L Bowles, Frederick D Kuester, Gale E Klappa, James A Schubilske, Scott J Lauber, Susan H Martin, Tom Metcalfe and Ulice Payne, Jr. 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 Bahl & Gaynor Inc., Thompson Siegel & Walmsley LLC, Deutsche Bank AG, Mitsubishi UFJ Trust & Banking Corp, Magellan Asset Management Ltd, Epoch Investment Partners Inc., Wells Fargo & Company MN and Canada Pension Plan Investment Board. Company insiders that have sold WEC Energy Group company stock in the last year include Barbara L Bowles, Frederick D Kuester and Ulice Payne, Jr. View Insider Buying and Selling for WEC Energy Group.

Which major investors are buying WEC Energy Group stock?

WEC stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Renaissance Technologies LLC, DekaBank Deutsche Girozentrale, Morgan Stanley, Ffcm LLC, BlackRock Inc., Los Angeles Capital Management & Equity Research Inc. and Rehmann Capital Advisory Group. 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, Scottrade, Fidelity and Charles Schwab.

What is WEC Energy Group's stock price today?

One share of WEC stock can currently be purchased for approximately $72.22.

How big of a company is WEC Energy Group?

WEC Energy Group has a market capitalization of $22.37 billion and generates $7.65 billion in revenue each year. The utilities provider earns $1.20 billion in net income (profit) each year or $3.14 on an earnings per share basis. WEC Energy Group employs 8,129 workers across the globe.

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.


MarketBeat Community Rating for WEC Energy Group (NYSE WEC)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  292 (Vote Outperform)
Underperform Votes:  488 (Vote Underperform)
Total Votes:  780
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 11/20/2018 by MarketBeat.com Staff

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