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

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$77.80 +0.75 (+0.97 %)
(As of 04/26/2019 02:03 AM ET)
Previous Close$77.05
Today's Range$76.64 - $78.17
52-Week Range$58.48 - $80.05
Volume1.79 million shs
Average Volume1.76 million shs
Market Capitalization$24.54 billion
P/E Ratio23.29
Dividend Yield3.06%
Beta0.16
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, 2018, it operated approximately 36,800 miles of overhead distribution lines and 33,300 miles of underground distribution cable, as well as approximately 500 distribution substations and 500,450 line transformers; and approximately 48,900 miles of natural gas distribution mains, as well as 1,100 miles of natural gas transmission mains. 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

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$6.0404 per share
Book Value$31.10 per share

Profitability

Net Income$1.06 billion

Miscellaneous

Employees7,878
Market Cap$24.54 billion
Next Earnings DateN/A
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 announced a quarterly dividend on Thursday, April 18th. Stockholders of record on Tuesday, May 14th will be paid a dividend of $0.59 per share on Saturday, June 1st. This represents a $2.36 annualized dividend and a dividend yield of 3.03%. The ex-dividend date is Monday, May 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 quarterly earnings data on Thursday, April, 25th. The utilities provider reported $1.33 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.25 by $0.08. The utilities provider had revenue of $2.38 billion for the quarter, compared to analysts' expectations of $2.41 billion. WEC Energy Group had a net margin of 13.81% and a return on equity of 10.87%. The company's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.23 EPS. View WEC Energy Group's Earnings History.

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

WEC Energy Group updated its FY 2019 earnings guidance on Thursday, April, 25th. The company provided earnings per share guidance of $3.48-3.52 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.51. WEC Energy Group also updated its FY19 guidance to $3.48 to $3.52 EPS.

What price target have analysts set for WEC?

11 analysts have issued 12-month target prices for WEC Energy Group's shares. Their predictions range from $66.00 to $85.00. On average, they expect WEC Energy Group's share price to reach $73.3333 in the next year. This suggests that the stock has a possible downside of 5.7%. View Analyst Price Targets for WEC Energy Group.

What is the consensus analysts' recommendation for WEC Energy Group?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WEC Energy Group in the last year. There are currently 2 sell ratings, 5 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?

Media coverage about WEC stock has been trending somewhat positive on Friday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing 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 five, with scores closest to five being the most favorable. WEC Energy Group earned a news sentiment score of 2.0 on InfoTrie's scale. They also assigned media stories about the utilities provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future.

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), Xcel Energy (XEL), Altria Group (MO), Exxon Mobil (XOM), Verizon Communications (VZ), Procter & Gamble (PG), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Intel (INTC) and Dominion Energy (D).

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 a number of of retail and institutional investors. Top institutional shareholders include Duff & Phelps Investment Management Co. (0.43%), Scout Investments Inc. (0.29%), Gateway Investment Advisers LLC (0.20%), Retirement Systems of Alabama (0.16%), Hennessy Advisors Inc. (0.16%) and Virginia Retirement Systems ET AL (0.15%). Company insiders that own WEC Energy Group stock include Allen L Leverett, Barbara L Bowles, Charles R Matthews, Frederick D Kuester, Gale E Klappa, James A Schubilske, Joseph Kevin Fletcher, Scott J Lauber, Susan H Martin, Tom Metcalfe and Ulice Payne, Jr. 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 Duff & Phelps Investment Management Co., Scout Investments Inc., BNP Paribas Arbitrage SA, Gateway Investment Advisers LLC, State of Alaska Department of Revenue, PGGM Investments, First Quadrant L P CA and Viking Fund Management 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, Frederick D Kuester, Gale E Klappa, Joseph Kevin Fletcher, Scott J Lauber, Tom Metcalfe and Ulice Payne, Jr. View Insider Buying and Selling for WEC Energy Group.

Which institutional investors are buying WEC Energy Group stock?

WEC stock was purchased by a variety of institutional investors in the last quarter, including Tibra Equities Europe Ltd, CWM LLC, Copeland Capital Management LLC, Empire Life Investments Inc., Donaldson Capital Management LLC, Cambridge Trust Co., Pacer Advisors Inc. and Mercer Global Advisors Inc. ADV. 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 $77.80.

How big of a company is WEC Energy Group?

WEC Energy Group has a market capitalization of $24.54 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.

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:  320 (Vote Outperform)
Underperform Votes:  512 (Vote Underperform)
Total Votes:  832
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 4/26/2019 by MarketBeat.com Staff

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