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DOW   30,814.26
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NYSE:WEC

WEC Energy Group Stock Forecast, Price & News

$88.69
+1.83 (+2.11 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$86.41
Now: $88.69
$89.01
50-Day Range
$85.27
MA: $91.32
$96.00
52-Week Range
$68.01
Now: $88.69
$109.53
Volume1.35 million shs
Average Volume1.36 million shs
Market Capitalization$27.98 billion
P/E Ratio23.97
Dividend Yield2.85%
Beta0.18
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 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 2.9 million residential, and commercial and industrial customers. As of December 31, 2019, it operated approximately 36,500 miles of overhead distribution lines and 34,100 miles of underground distribution cable, as well as approximately 500 distribution substations and 503,200 line transformers; and approximately 49,500 miles of natural gas distribution mains, as well as 1,200 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 incorporated in 1981 and is headquartered in Milwaukee, Wisconsin.
WEC Energy Group logo

MarketRank

Overall MarketRank

1.68 out of 5 stars

Utilities Sector

68th out of 244 stocks

Electric & Other Services Combined Industry

13th out of 22 stocks

Analyst Opinion: 1.0Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Electric & other services combined
Sub-IndustryMulti-Utilities
SectorUtilities
CUSIP97665710
Phone414-221-2345
Employees7,500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.52 billion
Cash Flow$5.77 per share
Book Value$32.41 per share

Profitability

Net Income$1.14 billion

Miscellaneous

Market Cap$27.98 billion
Next Earnings Date2/4/2021 (Confirmed)
OptionableOptionable
$88.69
+1.83 (+2.11 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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WEC Energy Group (NYSE:WEC) Frequently Asked Questions

How has WEC Energy Group's stock been impacted by COVID-19?

WEC Energy Group's stock was trading at $97.45 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WEC shares have decreased by 9.0% and is now trading at $88.69.
View which stocks have been most impacted by COVID-19
.

Is WEC Energy Group a buy right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WEC Energy Group in the last twelve months. There are currently 3 sell ratings, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" WEC Energy Group stock. 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 analyst ratings for WEC Energy Group
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than WEC Energy Group?

Wall Street analysts have given WEC Energy Group a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but WEC Energy Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is WEC Energy Group's next earnings date?

WEC Energy Group is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for WEC Energy Group
.

How were WEC Energy Group's earnings last quarter?

WEC Energy Group, Inc. (NYSE:WEC) announced its quarterly earnings results on Sunday, November, 8th. The utilities provider reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.08. The utilities provider earned $1.65 billion during the quarter, compared to analysts' expectations of $1.66 billion. WEC Energy Group had a net margin of 16.26% and a return on equity of 11.36%. WEC Energy Group's revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.74 EPS.
View WEC Energy Group's earnings history
.

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, December 3rd. Stockholders of record on Sunday, February 14th will be paid a dividend of $0.6775 per share on Monday, March 1st. This represents a $2.71 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date of this dividend is Thursday, February 11th. This is a boost from WEC Energy Group's previous quarterly dividend of $0.63.
View WEC Energy Group's dividend history
.

Is WEC Energy Group a good dividend stock?

WEC Energy Group pays an annual dividend of $2.53 per share and currently has a dividend yield of 2.85%. The dividend payout ratio of WEC Energy Group is 70.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WEC Energy Group will have a dividend payout ratio of 63.25% next year. This indicates that WEC Energy Group will be able to sustain or increase its dividend.
View WEC Energy Group's dividend history.

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

WEC Energy Group updated its FY 2021 After-Hours earnings guidance on Thursday, December, 3rd. The company provided earnings per share guidance of 3.99-4.03 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.01.

What price target have analysts set for WEC?

10 Wall Street analysts have issued 1 year price objectives for WEC Energy Group's stock. Their forecasts range from $77.00 to $112.00. On average, they expect WEC Energy Group's stock price to reach $94.20 in the next year. This suggests a possible upside of 6.2% from the stock's current price.
View analysts' price targets for WEC Energy Group
or view Wall Street analyst' top-rated stocks.

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), Johnson & Johnson (JNJ), Verizon Communications (VZ), Exxon Mobil (XOM), The Procter & Gamble (PG), Intel (INTC), (XEL), Altria Group (MO), Pfizer (PFE) and Walmart (WMT).

Who are WEC Energy Group's key executives?

WEC Energy Group's management team includes the following people:
  • Mr. Gale E. Klappa, Exec. Chairman (Age 70, Pay $3.55M)
  • Mr. Joseph Kevin Fletcher, Pres, CEO & Director (Age 62, Pay $3.5M)
  • Mr. Scott J. Lauber, Sr. EVP & COO (Age 55, Pay $1.73M)
  • Ms. Margaret C. Kelsey, Exec. VP, Gen. Counsel & Corp. Sec. (Age 56, Pay $1.49M)
  • Mr. Robert M. Garvin, Exec. VP of External Affairs (Age 54, Pay $1.19M)
  • Ms. Xia Liu C.F.A., Sr. EVP & CFO (Age 51)
  • Mr. William J. Guc, VP, Controller & Principal Accounting Officer (Age 51)
  • Mr. Joshua Erickson, Director of Legal Services, Corp. & Fin.
  • Ms. Molly Mulroy, Chief Information Officer & VP
  • Ms. Mary Beth Straka CPA, CPA, Sr. VP of Corp. Communications & Investor Relations (Age 56)

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 Huntington National Bank (0.12%), Gateway Investment Advisers LLC (0.09%), Scout Investments Inc. (0.09%), Donaldson Capital Management LLC (0.02%), Redpoint Investment Management Pty Ltd (0.02%) and Gofen & Glossberg LLC IL (0.02%). Company insiders that own WEC Energy Group stock include Allen L Leverett, Barbara L Bowles, Charles R Matthews, Curt S Culver, Gale E Klappa, Joseph Kevin Fletcher, Maria C Green, Mary Beth Straka, Robert M Garvin, Scott J Lauber, Tom Metcalfe, Ulice Payne, Jr and William J Guc.
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 First American Bank, Donaldson Capital Management LLC, Gateway Investment Advisers LLC, Crossmark Global Holdings Inc., Redpoint Investment Management Pty Ltd, State of Alaska Department of Revenue, Scout Investments Inc., and Carlson Capital Management. Company insiders that have sold WEC Energy Group company stock in the last year include Charles R Matthews, Gale E Klappa, Maria C Green, Robert M Garvin, Tom Metcalfe, and Ulice Payne, Jr.
View insider buying and selling activity for WEC Energy Group
or view top insider-selling stocks.

Which institutional investors are buying WEC Energy Group stock?

WEC stock was bought by a variety of institutional investors in the last quarter, including Access Financial Services Inc., N.E.W. Advisory Services LLC, NuWave Investment Management LLC, IFM Investors Pty Ltd, Louisiana State Employees Retirement System, Huntington National Bank, Fulton Bank N.A., and Ellenbecker Investment Group.
View insider buying and selling activity for WEC Energy Group
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is WEC Energy Group's stock price today?

One share of WEC stock can currently be purchased for approximately $88.69.

How big of a company is WEC Energy Group?

WEC Energy Group has a market capitalization of $27.98 billion and generates $7.52 billion in revenue each year. The utilities provider earns $1.14 billion in net income (profit) each year or $3.58 on an earnings per share basis. WEC Energy Group employs 7,500 workers across the globe.

What is WEC Energy Group's official website?

The official website for WEC Energy Group is 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 or via email at [email protected]

This page was last updated on 1/18/2021 by MarketBeat.com Staff

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