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 Wednesday, October 16th. Investors of record on Thursday, November 14th will be given a dividend of $0.59 per share on Sunday, December 1st. This represents a $2.36 annualized dividend and a yield of 2.53%. 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, beating the Zacks' consensus estimate of $0.70 by $0.04. The utilities provider earned $1.59 billion during the quarter, compared to analyst estimates of $1.65 billion. WEC Energy Group had a return on equity of 11.00% and a net margin of 14.24%. The company's revenue was down 4.9% on a year-over-year basis. During the same period last year, the company 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, November 6th 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 (EPS) guidance of $3.50-3.53 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.51.

12 Wall Street analysts have issued twelve-month price targets for WEC Energy Group's shares. Their forecasts range from $70.00 to $102.00. On average, they expect WEC Energy Group's share price to reach $84.80 in the next year. This suggests that the stock has a possible downside of 9.1%. 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.

Headlines about WEC stock have trended somewhat negative recently, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. WEC Energy Group earned a news impact score of -1.9 on InfoTrie's scale. They also assigned news coverage about the utilities provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for WEC Energy Group.

WEC Energy Group saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 10,050,000 shares, an increase of 5.2% from the August 30th total of 9,550,000 shares. Based on an average trading volume of 1,830,000 shares, the short-interest ratio is currently 5.5 days. Approximately 3.2% of the shares of the company 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), Evergy (EVRG), Alliant Energy (LNT), NiSource (NI), United Utilities Group (UUGRY), ALLETE (ALE), PG&E (PCG), NorthWestern (NWE) and Avista (AVA).

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

WEC Energy Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.50%), Duff & Phelps Investment Management Co. (0.37%), Gateway Investment Advisers LLC (0.18%), Hennessy Advisors Inc. (0.14%), Nisa Investment Advisors LLC (0.09%) and Robeco Institutional Asset Management B.V. (0.08%). 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 Scout Investments Inc., Robeco Institutional Asset Management B.V., Gateway Investment Advisers LLC, Duff & Phelps Investment Management Co., State of Alaska Department of Revenue, Hennessy Advisors Inc., Reilly Financial Advisors LLC and Envestnet Asset Management Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Northpointe Capital LLC, Assenagon Asset Management S.A., CHICAGO TRUST Co NA, Berkshire Asset Management LLC PA, Pacer Advisors Inc., Silverleafe Capital Partners LLC, Wealthfront Advisers LLC and Mission Wealth Management LP. 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 $93.26.

WEC Energy Group has a market capitalization of $29.42 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]