S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard

WEC Energy Group (WEC) Competitors

$78.24
-1.05 (-1.32%)
(As of 02/22/2024 ET)

WEC vs. PEG, ED, AEE, CMS, NI, PCG, XEL, EXC, LNT, and DUK

Should you be buying WEC Energy Group stock or one of its competitors? The main competitors of WEC Energy Group include Public Service Enterprise Group (PEG), Consolidated Edison (ED), Ameren (AEE), CMS Energy (CMS), NiSource (NI), PG&E (PCG), Xcel Energy (XEL), Exelon (EXC), Alliant Energy (LNT), and Duke Energy (DUK). These companies are all part of the "electric & other services combined" industry.

WEC Energy Group vs.

Public Service Enterprise Group (NYSE:PEG) and WEC Energy Group (NYSE:WEC) are both large-cap utilities companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, community ranking, valuation, institutional ownership, risk, profitability, dividends, analyst recommendations and media sentiment.

Public Service Enterprise Group received 88 more outperform votes than WEC Energy Group when rated by MarketBeat users. Likewise, 56.54% of users gave Public Service Enterprise Group an outperform vote while only 52.51% of users gave WEC Energy Group an outperform vote.

CompanyUnderperformOutperform
Public Service Enterprise GroupOutperform Votes
506
56.54%
Underperform Votes
389
43.46%
WEC Energy GroupOutperform Votes
418
52.51%
Underperform Votes
378
47.49%

Public Service Enterprise Group currently has a consensus price target of $63.95, suggesting a potential upside of 5.93%. WEC Energy Group has a consensus price target of $86.17, suggesting a potential upside of 10.13%. Given Public Service Enterprise Group's higher probable upside, analysts plainly believe WEC Energy Group is more favorable than Public Service Enterprise Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Public Service Enterprise Group
0 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50
WEC Energy Group
3 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.00

Public Service Enterprise Group has a net margin of 23.83% compared to Public Service Enterprise Group's net margin of 14.98%. WEC Energy Group's return on equity of 12.20% beat Public Service Enterprise Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Public Service Enterprise Group23.83% 12.20% 3.63%
WEC Energy Group 14.98%12.17%3.38%

72.3% of Public Service Enterprise Group shares are owned by institutional investors. Comparatively, 75.8% of WEC Energy Group shares are owned by institutional investors. 0.6% of Public Service Enterprise Group shares are owned by company insiders. Comparatively, 0.3% of WEC Energy Group shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

WEC Energy Group has lower revenue, but higher earnings than Public Service Enterprise Group. Public Service Enterprise Group is trading at a lower price-to-earnings ratio than WEC Energy Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Public Service Enterprise Group$9.80B3.07$1.03B$5.6110.76
WEC Energy Group$8.89B2.78$1.33B$4.2218.54

Public Service Enterprise Group has a beta of 0.57, meaning that its share price is 43% less volatile than the S&P 500. Comparatively, WEC Energy Group has a beta of 0.41, meaning that its share price is 59% less volatile than the S&P 500.

In the previous week, WEC Energy Group had 2 more articles in the media than Public Service Enterprise Group. MarketBeat recorded 10 mentions for WEC Energy Group and 8 mentions for Public Service Enterprise Group. Public Service Enterprise Group's average media sentiment score of 1.13 beat WEC Energy Group's score of 1.06 indicating that WEC Energy Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Public Service Enterprise Group
6 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
WEC Energy Group
4 Very Positive mention(s)
4 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Public Service Enterprise Group pays an annual dividend of $2.28 per share and has a dividend yield of 3.8%. WEC Energy Group pays an annual dividend of $3.34 per share and has a dividend yield of 4.3%. Public Service Enterprise Group pays out 40.6% of its earnings in the form of a dividend. WEC Energy Group pays out 79.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Public Service Enterprise Group has raised its dividend for 12 consecutive years and WEC Energy Group has raised its dividend for 21 consecutive years. WEC Energy Group is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

Public Service Enterprise Group beats WEC Energy Group on 13 of the 21 factors compared between the two stocks.


Get WEC Energy Group News Delivered to You Automatically

Sign up to receive the latest news and ratings for WEC and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WEC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

WEC vs. The Competition

MetricWEC Energy GroupElectric & other services combined IndustryUtilities SectorNYSE Exchange
Market Cap$25.01B$15.81B$12.40B$17.39B
Dividend Yield4.28%4.07%4.27%3.57%
P/E Ratio18.5413.0685.6424.59
Price / Sales2.781.9227.205.70
Price / Cash9.027.4617.2917.89
Price / Book2.051.611.896.35
Net Income$1.33B$852.31M$492.04M$869.26M
7 Day Performance0.31%-1.17%0.89%-1.00%
1 Month Performance-1.54%-0.96%-1.50%1.82%
1 Year Performance-14.15%-13.87%0.09%76.54%

WEC Energy Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PEG
Public Service Enterprise Group
4.5354 of 5 stars
$60.15
+0.6%
$63.95
+6.3%
-0.7%$29.79B$11.77B10.7212,525Upcoming Earnings
Positive News
ED
Consolidated Edison
4.7273 of 5 stars
$87.58
+0.3%
$88.75
+1.3%
-4.9%$30.26B$14.66B12.2014,592Earnings Report
Analyst Report
AEE
Ameren
4.6267 of 5 stars
$69.87
+0.5%
$82.33
+17.8%
-17.2%$18.37B$7.96B15.889,244Earnings Report
Options Volume
News Coverage
CMS
CMS Energy
4.5442 of 5 stars
$57.05
-0.4%
$62.50
+9.6%
-6.0%$16.86B$7.46B18.958,356Positive News
NI
NiSource
4.8573 of 5 stars
$26.02
+0.5%
$28.86
+10.9%
-5.7%$10.76B$5.85B17.467,162Earnings Report
Analyst Report
PCG
PG&E
3.9014 of 5 stars
$16.63
+1.2%
$18.75
+12.7%
+7.3%$42.90B$22.76B19.3426,010Earnings Report
XEL
Xcel Energy
4.4522 of 5 stars
$59.19
+0.2%
$65.00
+9.8%
-11.0%$32.66B$14.21B18.4411,982Positive News
EXC
Exelon
4.3716 of 5 stars
$34.73
-0.5%
$38.80
+11.7%
-13.9%$34.57B$19.08B16.2319,063Earnings Report
Dividend Increase
Analyst Report
LNT
Alliant Energy
4.8383 of 5 stars
$48.25
-0.2%
$54.06
+12.0%
-8.7%$12.31B$4.03B17.363,129Earnings Report
DUK
Duke Energy
4.7273 of 5 stars
$91.97
+0.1%
$100.00
+8.7%
-5.5%$70.88B$29.06B25.9127,859

Related Companies and Tools

This page (NYSE:WEC) was last updated on 2/23/2024 by MarketBeat.com Staff