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S&P 500   3,852.36
DOW   32,920.46
QQQ   293.34
Mullen Automotive: The Good News, The Bad And The Ugly Outlook 
Is This The End of Capitalism? (Ad)
A Non-Salesy Annuity Guide To Buying Annuities
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The Next Big Crisis Is Here (Ad)
Mergers and Acquisitions in 2023 Off To A Strong Start
Chevron Delights Shareholders with $75 Billion in Share Buybacks
S&P 500   3,852.36
DOW   32,920.46
QQQ   293.34
Mullen Automotive: The Good News, The Bad And The Ugly Outlook 
Is This The End of Capitalism? (Ad)
A Non-Salesy Annuity Guide To Buying Annuities
3 Small Caps That Have Big Upside
The Next Big Crisis Is Here (Ad)
Levi Strauss Is A Good Fit For Income Investors 
What Does Apple's Move to India Mean for Investors?
The Next Big Crisis Is Here (Ad)
Mergers and Acquisitions in 2023 Off To A Strong Start
Chevron Delights Shareholders with $75 Billion in Share Buybacks
S&P 500   3,852.36
DOW   32,920.46
QQQ   293.34
Mullen Automotive: The Good News, The Bad And The Ugly Outlook 
Is This The End of Capitalism? (Ad)
A Non-Salesy Annuity Guide To Buying Annuities
3 Small Caps That Have Big Upside
The Next Big Crisis Is Here (Ad)
Levi Strauss Is A Good Fit For Income Investors 
What Does Apple's Move to India Mean for Investors?
The Next Big Crisis Is Here (Ad)
Mergers and Acquisitions in 2023 Off To A Strong Start
Chevron Delights Shareholders with $75 Billion in Share Buybacks
NYSE:WEC

WEC Energy Group - WEC Stock Forecast, Price & News

$92.86
+0.12 (+0.13%)
(As of 01/26/2023 12:00 AM ET)
Add
Compare
Today's Range
$92.08
$93.04
50-Day Range
$91.80
$99.14
52-Week Range
$80.82
$108.39
Volume
1.15 million shs
Average Volume
1.09 million shs
Market Capitalization
$29.29 billion
P/E Ratio
21.25
Dividend Yield
3.14%
Price Target
$98.90

WEC Energy Group MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
6.5% Upside
$98.90 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
1.16mentions of WEC Energy Group in the last 14 days
Based on 11 Articles This Week
Insider Trading
Balanced
Insiders Both Buying and Selling
Proj. Earnings Growth
4.55%
From $4.40 to $4.60 Per Share

Overall MarketRank

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

2.12 out of 5 stars

Utilities Sector

47th out of 83 stocks

Electric & Other Services Combined Industry

8th 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.

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WEC Stock News Headlines

Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
WEC Energy Increases Dividend to 78c/Shr
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
WEC Energy Group: An Attractive Name For The Long Term
WEC Energy Group, Inc.: Reiterating BUY following solid 3Q
WEC Energy: Turning The Lights Off On This Pricey Utility
WEC WEC Energy Group, Inc.
See More Headlines
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WEC Company Calendar

Last Earnings
11/01/2022
Ex-Dividend for 12/1 Dividend
11/10/2022
Dividend Payable
12/01/2022
Today
1/26/2023
Next Earnings (Estimated)
2/02/2023
Ex-Dividend for 3/1 Dividend
2/13/2023
Dividend Payable
3/01/2023
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
$98.90
High Stock Price Forecast
$109.00
Low Stock Price Forecast
$85.00
Forecasted Upside/Downside
+6.5%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$1.30 billion
Pretax Margin
18.02%

Debt

Sales & Book Value

Annual Sales
$8.32 billion
Cash Flow
$7.54 per share
Book Value
$35.13 per share

Miscellaneous

Free Float
314,363,000
Market Cap
$29.29 billion
Optionable
Optionable
Beta
0.38

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?

8 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, 4 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?

8 brokers have issued 12-month price objectives for WEC Energy Group's stock. Their WEC share price forecasts range from $85.00 to $109.00. On average, they expect the company's share price to reach $98.90 in the next year. This suggests a possible upside of 6.5% 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 1.0% and is now trading at $92.86.
View the best growth stocks for 2023 here
.

Are investors shorting WEC Energy Group?

WEC Energy Group saw a increase in short interest during the month of December. As of December 15th, there was short interest totaling 5,060,000 shares, an increase of 22.5% from the November 30th total of 4,130,000 shares. Based on an average daily trading volume, of 1,590,000 shares, the days-to-cover ratio is currently 3.2 days. Approximately 1.6% of the shares of the stock are sold short.
View WEC Energy Group's Short Interest
.

When is WEC Energy Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
View our WEC earnings forecast
.

How were WEC Energy Group's earnings last quarter?

WEC Energy Group, Inc. (NYSE:WEC) released its quarterly earnings results on Tuesday, November, 1st. The utilities provider reported $0.96 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.86 by $0.10. The utilities provider earned $2 billion during the quarter, compared to the consensus estimate of $1.83 billion. WEC Energy Group had a trailing twelve-month return on equity of 12.13% and a net margin of 14.94%.

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. Investors 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 dividend yield of 3.36%. The ex-dividend date is Monday, February 13th. This is a boost 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 3.14%. 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 66.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WEC will have a dividend payout ratio of 63.26% 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 updated its FY 2023 earnings guidance on Tuesday, December, 13th. The company provided EPS guidance of $4.58-$4.62 for the period, compared to the consensus earnings per share estimate of $4.62. 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 a variety of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.37%), Gateway Investment Advisers LLC (0.10%), Allspring Global Investments Holdings LLC (0.07%), Hennessy Advisors Inc. (0.07%), Country Trust Bank (0.06%) and Fifth Third Bancorp (0.04%). 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 $92.86.

How much money does WEC Energy Group make?

WEC Energy Group (NYSE:WEC) has a market capitalization of $29.29 billion and generates $8.32 billion in revenue each year. The utilities provider earns $1.30 billion in net income (profit) each year or $4.37 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.
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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 1/27/2023 by MarketBeat.com Staff