S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Ford, Starbucks fall; Clorox, Gilead Sciences rise
How major US stock indexes fared Friday 2/3/2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Zimmer Biomet Beats on Earnings, Growth May be Priced In
Skull found in '97 in remote Alaska belongs to New York man
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Ford, Starbucks fall; Clorox, Gilead Sciences rise
How major US stock indexes fared Friday 2/3/2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Zimmer Biomet Beats on Earnings, Growth May be Priced In
Skull found in '97 in remote Alaska belongs to New York man
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Ford, Starbucks fall; Clorox, Gilead Sciences rise
How major US stock indexes fared Friday 2/3/2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Zimmer Biomet Beats on Earnings, Growth May be Priced In
Skull found in '97 in remote Alaska belongs to New York man
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Ford, Starbucks fall; Clorox, Gilead Sciences rise
How major US stock indexes fared Friday 2/3/2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Zimmer Biomet Beats on Earnings, Growth May be Priced In
Skull found in '97 in remote Alaska belongs to New York man
NYSE:WEC

WEC Energy Group - WEC Stock Forecast, Price & News

$93.56
-1.36 (-1.43%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$91.99
$94.53
50-Day Range
$91.80
$99.14
52-Week Range
$80.82
$108.39
Volume
1.69 million shs
Average Volume
1.20 million shs
Market Capitalization
$29.51 billion
P/E Ratio
20.98
Dividend Yield
3.07%
Price Target
$98.90

WEC Energy Group MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
5.6% Upside
$98.78 Price Target
Short Interest
Healthy
1.45% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-8.00
Upright™ Environmental Score
News Sentiment
1.05mentions of WEC Energy Group in the last 14 days
Based on 20 Articles This Week
Insider Trading
Balanced
Insiders Both Buying and Selling
Proj. Earnings Growth
6.52%
From $4.60 to $4.90 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.18 out of 5 stars

Utilities Sector

47th out of 84 stocks

Electric & Other Services Combined Industry

10th out of 19 stocks

WEC stock logo

About WEC Energy Group (NYSE:WEC) Stock

WEC Energy Group, Inc. is a holding company, which engages in the generation and distribution of electricity and natural gas. It operates through the following segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure and Corporate & Other. The Wisconsin segment refers to the electric and gas utility operations. The Illinois segment deals with natural gas utility and non-utility activities. The Other States segment pertains to natural gas operations of the firm's subsidiaries. The Electric Transmission segment holds interests in state regulatory commissions. The Non-Utility Energy Infrastructure segment includes Wisconsin Electric Power, which owns and leases generating facilities. The Corporate and Other segment refers to the firm's administrative and holding activities. The company was founded in 1981 and is headquartered in Milwaukee, WI.

Receive WEC Stock 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 Stock News Headlines

“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
WEC Energy Group posts 2022 results
Utilities to Report Q4 Earnings on Feb 2: CMS, WEC & BIP
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
PNM Resources' (PNM) Board Hikes Dividend by 5.8%
WEC Energy Increases Dividend to 78c/Shr
WEC Energy Group: An Attractive Name For The Long Term
WEC Energy Group, Inc.: Reiterating BUY following solid 3Q
See More Headlines
Receive WEC Stock 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 Company Calendar

Ex-Dividend for 12/1 Dividend
11/10/2022
Dividend Payable
12/01/2022
Last Earnings
2/02/2023
Today
2/04/2023
Ex-Dividend for 3/1 Dividend
2/13/2023
Dividend Payable
3/01/2023
Next Earnings (Estimated)
5/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Electric & other services combined
Sub-Industry
Multi-Utilities
Sector
Utilities
CUSIP
97665710
Fax
N/A
Employees
6,938
Year Founded
1981

Price Target and Rating

Average Stock Price Forecast
$98.78
High Stock Price Forecast
$109.00
Low Stock Price Forecast
$85.00
Forecasted Upside/Downside
+5.7%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
6 Analysts

Profitability

Net Income
$1.30 billion
Pretax Margin
18.05%

Debt

Sales & Book Value

Annual Sales
$9.60 billion
Cash Flow
$7.91 per share
Book Value
$36.73 per share

Miscellaneous

Free Float
314,363,000
Market Cap
$29.51 billion
Optionable
Optionable
Beta
0.39

Social Links


Key Executives

  • Scott J. LauberScott J. Lauber
    President, Chief Executive Officer & Director
  • William MastorisWilliam Mastoris
    Executive VP-Operations & Customer Service
  • Xia Liu
    Chief Financial Officer & Executive Vice President
  • Molly MulroyMolly Mulroy
    Chief Information Officer & Executive VP
  • Margaret C. Kelsey
    Secretary, Executive VP & General Counsel













WEC Stock - Frequently Asked Questions

Should I buy or sell WEC Energy Group stock right now?

6 Wall Street 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 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" WEC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WEC, but not buy additional shares or sell existing shares.
View WEC analyst ratings
or view top-rated stocks.

What is WEC Energy Group's stock price forecast for 2023?

6 Wall Street research analysts have issued twelve-month target prices for WEC Energy Group's stock. Their WEC share price forecasts range from $85.00 to $109.00. On average, they anticipate the company's share price to reach $98.78 in the next twelve months. This suggests a possible upside of 5.6% from the stock's current price.
View analysts price targets for WEC
or view top-rated stocks among Wall Street analysts.

How have WEC shares performed in 2023?

WEC Energy Group's stock was trading at $93.76 at the start of the year. Since then, WEC shares have decreased by 0.2% and is now trading at $93.56.
View the best growth stocks for 2023 here
.

When is WEC Energy Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023.
View our WEC earnings forecast
.

How were WEC Energy Group's earnings last quarter?

WEC Energy Group, Inc. (NYSE:WEC) issued its quarterly earnings data on Thursday, February, 2nd. The utilities provider reported $0.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.75 by $0.05. The utilities provider earned $2.56 billion during the quarter, compared to analyst estimates of $2.01 billion. WEC Energy Group had a net margin of 14.68% and a trailing twelve-month return on equity of 12.24%. WEC Energy Group's revenue was up 16.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.71 earnings per share.

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 Tuesday, December 13th. Stockholders of record on Tuesday, February 14th will be paid a dividend of $0.78 per share on Wednesday, March 1st. This represents a $3.12 annualized dividend and a yield of 3.33%. The ex-dividend date of this dividend is Monday, February 13th. This is a positive change from the stock's previous quarterly dividend of $0.73.
Read our dividend analysis for WEC
.

Is WEC Energy Group a good dividend stock?

WEC Energy Group (NYSE:WEC) pays an annual dividend of $2.91 per share and currently has a dividend yield of 3.07%. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 65.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WEC will have a dividend payout ratio of 59.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WEC.

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

WEC Energy Group issued an update on its first quarter 2023 earnings guidance on Friday, February, 3rd. The company provided earnings per share guidance of $1.68-$1.72 for the period, compared to the consensus estimate of $1.73. The company issued revenue guidance of -.

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), Procter & Gamble (PG), Intel (INTC), 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 many different institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.37%), Sumitomo Mitsui Trust Holdings Inc. (0.34%), Bank of Montreal Can (0.27%), Dearborn Partners LLC (0.14%), CWM LLC (0.11%) and New York State Teachers Retirement System (0.11%). Insiders that own company stock include Anthony Reese, Charles R Matthews, Gale E Klappa, Glen E Tellock, Joshua M Erickson, Maria C Green, Molly A Mulroy, Robert M Garvin, Thomas K Lane, Thomas K Lane, Tom Metcalfe, Ulice Payne Jr, Ulice Payne, Jr and William Mastoris.
View institutional ownership trends
.

How do I buy shares of WEC Energy Group?

Shares of WEC stock 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 $93.56.

How much money does WEC Energy Group make?

WEC Energy Group (NYSE:WEC) has a market capitalization of $29.51 billion and generates $9.60 billion in revenue each year. The utilities provider earns $1.30 billion in net income (profit) each year or $4.46 on an earnings per share basis.

How many employees does WEC Energy Group have?

The company employs 6,938 workers across the globe.

Does WEC Energy Group have any subsidiaries?
The following companies are subsidiares of WEC Energy Group: Bishop Hill Energy III Holdings LLC, Blooming Grove Wind Energy Center Holdings LLC, Coyote Ridge Wind LLC, ATC Development Manager Inc., ATC Holdco LLC, ATC Holding LLC, ATC Management Inc., American Transmission Company LLC, BGS Kimball Gas Storage LLC, Bluewater Gas Storage LLC, Bluewater Natural Gas Holding LLC, Elm Road Generating Station Supercritical LLC, Elm Road Services LLC, Integrys Energy Group, Integrys Holding Inc., Jayhawk Wind LLC, 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, and Wisvest LLC.
Read More
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 official website for the company is www.wecenergygroup.com. The utilities provider can be reached via phone at (414) 221-2345 or via email at wec.institutional-investor-relations.contact@wecenergygroup.com.

This page (NYSE:WEC) was last updated on 2/4/2023 by MarketBeat.com Staff