WEC Energy Group Stock Forecast, Price & News

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for WEC Energy Group in the last twelve months. There are currently 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research 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 top-rated stocks.

11 brokerages have issued twelve-month price targets for WEC Energy Group's shares. Their WEC stock forecasts range from $93.00 to $109.00. On average, they anticipate WEC Energy Group's stock price to reach $103.00 in the next twelve months. This suggests a possible upside of 0.4% from the stock's current price.
View analysts' price targets for WEC Energy Group or view top-rated stocks among Wall Street analysts.

WEC Energy Group's stock was trading at $97.07 at the beginning of 2022. Since then, WEC stock has increased by 5.7% and is now trading at $102.58.
View the best growth stocks for 2022 here.

WEC Energy Group is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for WEC Energy Group.

WEC Energy Group will be holding an earnings conference call on Tuesday, August 2nd at 2:00 PM Eastern. Interested parties can register for or listen to the call using this link.

WEC Energy Group, Inc. (NYSE:WEC) announced its quarterly earnings data on Monday, May, 2nd. The utilities provider reported $1.79 EPS for the quarter, beating analysts' consensus estimates of $1.66 by $0.13. The utilities provider had revenue of $2.91 billion for the quarter, compared to analysts' expectations of $2.83 billion. WEC Energy Group had a net margin of 15.90% and a trailing twelve-month return on equity of 12.17%. The business's revenue was up 8.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.61 EPS.
View WEC Energy Group's earnings history.

WEC Energy Group declared a quarterly dividend on Thursday, April 21st. Shareholders of record on Friday, May 13th will be given a dividend of $0.7275 per share on Wednesday, June 1st. This represents a $2.91 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date is Thursday, May 12th.
View WEC Energy Group's dividend history.

WEC Energy Group(NYSE:WEC) pays an annual dividend of $2.91 per share and currently has a dividend yield of 2.84%. WEC Energy Group 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 of WEC Energy Group is 67.83%. 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 63.40% next year. This indicates that WEC Energy Group will be able to sustain or increase its dividend.
View WEC Energy Group's dividend history.

WEC Energy Group issued an update on its FY 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share (EPS) guidance of $4.34-$4.38 for the period, compared to the consensus EPS estimate of $4.30. The company issued revenue guidance of -.

Some companies that are related to WEC Energy Group include Dominion Energy (D), Sempra (SRE), Consolidated Edison (ED), Public Service Enterprise Group (PEG), PG&E (PCG), DTE Energy (DTE), Ameren (AEE), CMS Energy (CMS), CenterPoint Energy (CNP), NiSource (NI), MDU Resources Group (MDU), Black Hills (BKH) and Avista (AVA).
View all of WEC's competitors.

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), Xcel Energy (XEL), Altria Group (MO), Pfizer (PFE) and Walmart (WMT).

WEC Energy Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "WEC."

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.
Compare Top Brokerages Here.

One share of WEC stock can currently be purchased for approximately $102.58.

WEC Energy Group (NYSE:WEC) has a market capitalization of $32.36 billion and generates $8.32 billion in revenue each year. The utilities provider earns $1.30 billion in net income (profit) each year or $4.289990 on an earnings per share basis.

WEC Energy Group employs 6,938 workers across the globe.

WEC Energy Group was founded in 1981.

WEC Energy Group's mailing address is 231 WEST MICHIGAN STREET P O BOX 1331, MILWAUKEE WI, 53201. The official website for WEC Energy Group 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.