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

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$78.73 +0.99 (+1.27 %)
(As of 03/21/2019 03:38 PM ET)
Previous Close$77.74
Today's Range$77.50 - $78.90
52-Week Range$58.48 - $78.88
Volume84,602 shs
Average Volume2.16 million shs
Market Capitalization$24.84 billion
P/E Ratio23.58
Dividend Yield3.04%
Beta0.15
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$6.1268 per share
Book Value$31.10 per share

Profitability

Net Income$1.06 billion

Miscellaneous

Employees7,878
Market Cap$24.84 billion
Next Earnings Date5/7/2019 (Estimated)
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. Investors 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 dividend yield of 2.81%. 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) announced its earnings results on Tuesday, February, 12th. The utilities provider reported $0.65 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.64 by $0.01. The utilities provider earned $2.08 billion during the quarter, compared to analysts' expectations of $1.96 billion. WEC Energy Group had a net margin of 13.81% and a return on equity of 10.87%. The business's revenue was up 1.1% on a year-over-year basis. During the same period last year, the firm posted $0.71 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 Tuesday, May 7th 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 FY19 earnings guidance on Tuesday, February, 12th. The company provided earnings per share (EPS) guidance of $3.48 to $3.52 for the period, compared to the Thomson Reuters consensus estimate of $3.51. WEC Energy Group also updated its FY 2019 guidance to $3.48-3.52 EPS.

What price target have analysts set for WEC?

11 brokers have issued twelve-month price objectives for WEC Energy Group's shares. Their forecasts range from $66.00 to $85.00. On average, they expect WEC Energy Group's stock price to reach $73.75 in the next year. This suggests that the stock has a possible downside of 6.4%. 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 1 sell rating, 6 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 headlines about WEC stock have been trending somewhat positive recently, InfoTrie reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. WEC Energy Group earned a news sentiment score of 1.0 on InfoTrie's scale. They also gave media coverage about the utilities provider a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

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), Verizon Communications (VZ), Altria Group (MO), Exxon Mobil (XOM), Johnson & Johnson (JNJ), General Electric (GE), Pfizer (PFE), Dominion Energy (D), Southern (SO) and Intel (INTC).

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)
  • Mr. William J. Guc, VP, Controller & Principal Accounting Officer (Age 49)
  • Mr. Joshua Erickson, Director of Legal Services, Corp. & Fin.

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 investors include BlackRock Inc. (9.21%), Bank of America Corp DE (1.99%), Northern Trust Corp (1.66%), Geode Capital Management LLC (1.35%), PNC Financial Services Group Inc. (1.15%) and Epoch Investment Partners Inc. (0.96%). 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 APG Asset Management N.V., Magellan Asset Management Ltd, Epoch Investment Partners Inc., Amundi Pioneer Asset Management Inc., Energy Income Partners LLC, Massachusetts Financial Services Co. MA, Bank of Montreal Can and Kayne Anderson Rudnick Investment 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 Oregon Public Employees Retirement Fund, FMR LLC, BlackRock Inc., Scout Investments Inc., Bahl & Gaynor Inc., California Public Employees Retirement System, Nordea Investment Management AB and Geode Capital Management LLC. 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 $78.77.

How big of a company is WEC Energy Group?

WEC Energy Group has a market capitalization of $24.85 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:  315 (Vote Outperform)
Underperform Votes:  507 (Vote Underperform)
Total Votes:  822
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 3/21/2019 by MarketBeat.com Staff

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