WEC Energy Group Stock Price, News & Analysis (NYSE:WEC)

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

WEC Energy Group announced a quarterly dividend on Thursday, July 18th. Shareholders of record on Wednesday, August 14th will be given a dividend of $0.59 per share on Sunday, September 1st. This represents a $2.36 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date is Tuesday, August 13th. View WEC Energy Group's Dividend History.

WEC Energy Group Inc (NYSE:WEC) issued its quarterly earnings results on Monday, August, 5th. The utilities provider reported $0.74 EPS for the quarter, topping the consensus estimate of $0.70 by $0.04. The utilities provider earned $1.59 billion during the quarter, compared to the consensus estimate of $1.65 billion. WEC Energy Group had a return on equity of 11.00% and a net margin of 14.24%. The business's quarterly revenue was down 4.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.73 earnings per share. View WEC Energy Group's Earnings History.

WEC Energy Group is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for WEC Energy Group.

WEC Energy Group updated its FY19 earnings guidance on Monday, August, 5th. The company provided earnings per share guidance of $3.50-3.53 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.51.

12 equities research analysts have issued 12-month price objectives for WEC Energy Group's shares. Their forecasts range from $66.00 to $102.00. On average, they anticipate WEC Energy Group's stock price to reach $81.50 in the next twelve months. This suggests that the stock has a possible downside of 13.0%. View Analyst Price Targets for WEC Energy Group.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WEC Energy Group in the last year. There are currently 4 sell ratings, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for WEC Energy Group.

Media stories about WEC stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. WEC Energy Group earned a news sentiment score of -2.9 on InfoTrie's scale. They also gave media stories about the utilities provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for WEC Energy Group.

WEC Energy Group saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 12,766,600 shares, an increase of 9.6% from the July 31st total of 11,651,000 shares. Based on an average trading volume of 1,700,000 shares, the days-to-cover ratio is presently 7.5 days. Currently, 4.1% of the shares of the stock are sold short. View WEC Energy Group's Current Options Chain.

Some companies that are related to WEC Energy Group include Duke Energy (DUK), Exelon (EXC), Public Service Enterprise Group (PEG), Consolidated Edison (ED), E.ON SE Sponsored ADR (Germany) (EONGY), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), NiSource (NI), United Utilities Group (UUGRY), PG&E (PCG), ALLETE (ALE), NorthWestern (NWE), Avista (AVA) and Innergex Renewable Energy (INGXF).

Based on aggregate information from My MarketBeat watchlists, some companies that other WEC Energy Group investors own include AT&T (T), Altria Group (MO), Verizon Communications (VZ), Xcel Energy (XEL), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Procter & Gamble (PG), Cisco Systems (CSCO), Realty Income (O) and Southern (SO).

WEC Energy Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (12.50%), BlackRock Inc. (8.93%), BlackRock Inc. (8.93%), Magellan Asset Management Ltd (2.16%), Wells Fargo & Company MN (2.12%) and Bank of America Corp DE (1.99%). Company insiders that own WEC Energy Group stock include Allen L Leverett, Barbara L Bowles, Charles R Matthews, Curt S Culver, Frederick D Kuester, Gale E Klappa, Joseph Kevin Fletcher, Mary Beth Straka, Scott J Lauber, Tom Metcalfe, Ulice Payne, Jr and William J Guc. View Institutional Ownership Trends for WEC Energy Group.

WEC stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, UBS Asset Management Americas Inc., Bank of America Corp DE, JPMorgan Chase & Co., APG Asset Management N.V., Westwood Holdings Group Inc., Baillie Gifford & Co. and Duff & Phelps Investment Management Co.. Company insiders that have sold WEC Energy Group company stock in the last year include Allen L Leverett, Barbara L Bowles, Charles R Matthews, Curt S Culver, Gale E Klappa, Joseph Kevin Fletcher, Mary Beth Straka, Scott J Lauber, Tom Metcalfe, Ulice Payne, Jr and William J Guc. View Insider Buying and Selling for WEC Energy Group.

WEC stock was acquired by a variety of institutional investors in the last quarter, including Magellan Asset Management Ltd, Nuveen Asset Management LLC, Scout Investments Inc., Vanguard Group Inc., BlackRock Inc., BlackRock Inc., Carillon Tower Advisers Inc. and California Public Employees Retirement System. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of WEC stock can currently be purchased for approximately $93.70.

WEC Energy Group has a market capitalization of $29.56 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.View Additional Information About WEC Energy Group.

The official website for WEC Energy Group is http://www.wecenergygroup.com/.

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]