WEC Energy Group, Inc. (WEC)
Market Cap | 29.67B |
Revenue (ttm) | 8.53B |
Net Income (ttm) | 1.29B |
Shares Out | 316.35M |
EPS (ttm) | 4.09 |
PE Ratio | 22.92 |
Forward PE | 20.66 |
Dividend | $3.57 (3.81%) |
Ex-Dividend Date | Feb 14, 2025 |
Volume | 1,522,699 |
Open | 94.04 |
Previous Close | 93.99 |
Day's Range | 93.70 - 94.65 |
52-Week Range | 75.13 - 102.79 |
Beta | 0.47 |
Analysts | Hold |
Price Target | 97.10 (+3.53%) |
Earnings Date | Feb 4, 2025 |
About WEC
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments. The company generates and distributes electricity from coal, natural gas, oil, and nuclear, as well as renewable energy resources, including wind, solar, hydroelectric, and biomass; and distributes and transports natural gas. It also owns, maintai... [Read more]
Financial Performance
In 2023, WEC Energy Group's revenue was $8.89 billion, a decrease of -7.34% compared to the previous year's $9.60 billion. Earnings were $1.33 billion, a decrease of -5.43%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for WEC stock is "Hold." The 12-month stock price forecast is $97.1, which is an increase of 3.53% from the latest price.
News
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WEC Energy Group Announces Pricing Terms of Its Cash Tender Offer
MILWAUKEE , Dec. 19, 2024 /CNW/ - WEC Energy Group, Inc. (NYSE: WEC) ("WEC Energy Group") today announced the pricing terms of the previously announced upsized cash tender offer (the "Tender Offer") f...
WEC Energy Group Announces Early Results and Upsize of Its Cash Tender Offer for Its Outstanding Senior Notes
MILWAUKEE , Dec. 18, 2024 /PRNewswire/ -- WEC Energy Group, Inc. (NYSE: WEC) ("WEC Energy Group") today announced that, pursuant to the previously announced cash tender offer (the "Tender Offer") for ...
Bocanegra named president -- Peoples Gas and North Shore Gas
MILWAUKEE , Dec. 9, 2024 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) announced today that Maria Bocanegra, previously the chief legal and government relations officer at the Port of Cleveland, has be...
WEC Energy Group Announces Cash Tender Offer for up to $350 Million of its Outstanding Senior Notes
MILWAUKEE , Dec. 5, 2024 /PRNewswire/ -- WEC Energy Group, Inc. (NYSE: WEC) ("WEC Energy Group") today announced the commencement of a cash tender offer (the "Tender Offer") for up to $350,000,000 in ...
WEC Energy Group announces plan to increase dividend by 6.9 percent
MILWAUKEE , Dec. 5, 2024 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today announced that it is planning to raise the quarterly dividend on the company's common stock to 89....
WEC Energy: A Consistent Dividend Grower To Buy Now
WEC Energy Group, Inc. remains on pace to become a Dividend Aristocrat later this decade. The utility just raised its five-year capital spending plan by $4.3 billion from 2024-2028 to 2025-2029. WEC E...
WPS named best midsize utility in the Midwest at keeping the lights on for customers
GREEN BAY, Wis. , Nov. 14, 2024 /PRNewswire/ -- Wisconsin Public Service (WPS) is once again earning national recognition for its commitment to world-class reliability and customer service.
WEC Energy: A Play On Renewables And Industrial Growth In SE Wisconsin
A $28B capital plan focuses on renewable energy expansion and grid reliability, supporting long-term growth in a region seeing increased industrial investment. Q3 results showed strong execution, with...
WEC Energy Group, Inc. (WEC) Q3 2024 Earnings Call Transcript
WEC Energy Group, Inc. (NYSE:WEC) Q3 2024 Earnings Conference Call October 31, 2024 2:00 PM ET Company Participants Scott Lauber - President & Chief Executive Officer Xia Liu - Chief Financial Office...
WEC Energy Group reports third-quarter results
MILWAUKEE , Oct. 31, 2024 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income of $240.1 million, or 76 cents per share, for the third quarter of 2024. This compares to earnings of $...
WEC Energy: 3 Reasons Why The Stock Isn't A Sell Going Into Q3 Earnings
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Dividend Aristocrats Of The Future - Part 2
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WEC Energy Group to announce 2024 third-quarter results October 31
MILWAUKEE , Oct. 24, 2024 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2024 third-quarter earnings news release before the stock market opens Thursday, Oct. 31. A conference call f...
Warner Baxter, John Lange elected to WEC Energy Group board of directors
MILWAUKEE , Oct. 17, 2024 /PRNewswire/ -- Warner Baxter, the retired executive chairman and chief executive officer of Ameren Corp., and John Lange, the retired global head of the Energy and Industria...
Wisconsin Electric declares quarterly dividends
MILWAUKEE , Oct. 17, 2024 /PRNewswire/ -- The Wisconsin Electric board of directors today declared a quarterly cash dividend of 90 cents per share on the company's Preferred Stock, 3.60% Series, payab...
WEC Energy Group declares quarterly dividend
MILWAUKEE , Oct. 17, 2024 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 83.50 cents per share on the company's common stock. The di...
Top 2024 Passive Dividend Picks Are Starting To Deliver
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My Top 10 High-Yield Dividend Stocks For September 2024
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WEC Energy: Buying More Of This Future Dividend Aristocrat
After my purchase earlier this month, WEC is now my portfolio's largest utility holding. The company's growth outlook for the foreseeable future is encouraging. WEC's interest coverage ratio demonstra...
10 Great Dividend Stocks For The Next 10 Years
The focus of this article is to provide a select list of 10 dividend stocks that, in our view, are currently undervalued and should provide an average of 4.5% plus yield for the foreseeable future. We...
WEC Energy Group's Corporate Responsibility Report highlights sustainable progress for an enduring enterprise
MILWAUKEE , Aug. 12, 2024 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today released its 2023 Corporate Responsibility Report. The report provides a comprehensive overview of the company's environmen...
Top 2 Utilities Stocks That Should Keep You Up At Night In Q3
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