About Westar Energy
Westar Energy, Inc. (Westar Energy) is an electric utility in Kansas. The Company provides electric generation, transmission and distribution services to approximately 700,000 customers in Kansas. The Company provides these services in central and northeastern Kansas, including the cities of Topeka, Lawrence, Manhattan, Salina and Hutchinson. Kansas Gas and Electric Company (KGE), Westar Energy's subsidiary, provides the services in south-central and southeastern Kansas, including the city of Wichita. Both Westar Energy and KGE conduct business using the name Westar Energy. It supplies electric energy at retail to customers in Kansas. It also supplies electric energy at wholesale to municipalities and electric cooperatives in Kansas, and has contracts for the sale or purchase of wholesale electricity with other utilities. The Company classifies it customers as residential, commercial and industrial. It has approximately 6,270 megawatts (MW) of generating capacity in service.
Industry, Sector and Symbol:
- Sector: Utilities
- Industry: Diversified Utilities
- Sub-Industry: Electric Utilities
- Exchange: NYSE
- Symbol: WR
- CUSIP: 95709T10
- Previous Close: $53.80
- 50 Day Moving Average: $54.29
- 200 Day Moving Average: $55.69
- 52-Week Range: $142,045,000.00 - $41.89
- Trailing P/E Ratio: 22.14
- Foreward P/E Ratio: 20.93
- P/E Growth: 7.51
- Market Cap: $7.64B
- Outstanding Shares: 142,045,000
- Beta: 0.38
- Net Margins: 13.27%
- Return on Equity: 8.91%
- Return on Assets: 3.04%
Companies Related to Westar Energy:
- Debt-to-Equity Ratio: 0.92%
- Current Ratio: 0.83%
- Quick Ratio: 0.51%
What is Westar Energy's stock symbol?
Westar Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "WR."
How often does Westar Energy pay dividends? What is the dividend yield for Westar Energy?
Westar Energy announced a quarterly dividend on Thursday, February 23rd. Shareholders of record on Thursday, March 9th will be paid a dividend of $0.40 per share on Monday, April 3rd. This represents a $1.60 annualized dividend and a yield of 2.97%. The ex-dividend date is Tuesday, March 7th. This is a boost from Westar Energy's previous quarterly dividend of $0.38.
Where is Westar Energy's stock going? Where will Westar Energy's stock price be in 2017?
9 analysts have issued twelve-month target prices for Westar Energy's shares. Their forecasts range from $44.00 to $60.00. On average, they expect Westar Energy's stock price to reach $54.67 in the next year.
When will Westar Energy announce their earnings?
Westar Energy is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.
What are analysts saying about Westar Energy stock?
Here are some recent quotes from research analysts about Westar Energy stock:
According to Zacks Investment Research, "Westar Energy, Inc. is Kansas' largest electric utility. Westar has 7,200 MW of electric generation capacity fueled by coal, uranium, natural gas, wind and landfill gas. They are a leader in electric transmission in Kansas. Their innovative customer service programs include mobile-enabled customer care, digital meters and paving the way for electric vehicle adoption. " (1/7/2017)
Argus analysts commented, "Westar also continues to add new electric customers, despite some remaining economic weakness in its service areas. In addition, the company has adequate liquidity through its current cash balance, cash from operations, and credit facility to meet all anticipated cash requirements through 2018, in our opinion." (5/9/2016)
Who owns Westar Energy stock?
Westar Energy's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (3.25%), CNH Partners LLC (2.06%), Franklin Resources Inc. (2.02%), Gabelli Funds LLC (1.92%), Eton Park Capital Management L.P. (1.42%) and Gamco Investors INC. ET AL (1.02%). Company insiders that own Westar Energy stock include Anthony D Somma, Bruce A Akin, Greg A Greenwood, Jerl L Banning, John T Bridson, Kevin L Kongs, Larry D Irick and Mark A Ruelle.
Who sold Westar Energy stock? Who is selling Westar Energy stock?
Westar Energy's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Vertex One Asset Management Inc., Putnam Investments LLC, Allianz Asset Management AG, Eton Park Capital Management L.P., Two Sigma Investments LP, Capstone Investment Advisors LLC and Gamco Investors INC. ET AL. Company insiders that have sold Westar Energy stock in the last year include Greg A Greenwood and Kevin L Kongs.
Who bought Westar Energy stock? Who is buying Westar Energy stock?
Westar Energy's stock was acquired by a variety of institutional investors in the last quarter, including Alpine Associates Management Inc., Luminus Management LLC, Renaissance Technologies LLC, CNH Partners LLC, Asset Management One Co. Ltd., Gabelli Funds LLC, Angelo Gordon & CO. L.P. and Public Sector Pension Investment Board.
How do I buy Westar Energy stock?
Shares of Westar Energy can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Westar Energy stock cost?
One share of Westar Energy stock can currently be purchased for approximately $53.80.