WEC Energy Group, Inc. (WEC)

NYSE: WEC · Real-Time Price · USD
99.22
-1.23 (-1.22%)
Feb 4, 2025, 4:00 PM EST - Market closed
-1.22%
Market Cap 31.39B
Revenue (ttm) 8.60B
Net Income (ttm) 1.53B
Shares Out 316.35M
EPS (ttm) 4.83
PE Ratio 20.54
Forward PE 18.98
Dividend $3.57 (3.60%)
Ex-Dividend Date Feb 14, 2025
Volume 3,167,635
Open 97.52
Previous Close 100.45
Day's Range 96.37 - 100.22
52-Week Range 75.13 - 102.79
Beta 0.48
Analysts Hold
Price Target 97.10 (-2.14%)
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]

Sector Utilities
Founded 1896
Employees 7,000
Stock Exchange NYSE
Ticker Symbol WEC
Full Company Profile

Financial Performance

In 2024, WEC Energy Group's revenue was $8.60 billion, a decrease of -3.30% compared to the previous year's $8.89 billion. Earnings were $1.53 billion, an increase of 14.68%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for WEC stock is "Hold." The 12-month stock price forecast is $97.1, which is a decrease of -2.14% from the latest price.

Price Target
$97.1
(-2.14% downside)
Analyst Consensus: Hold
Stock Forecasts

News

WEC Energy Group, Inc. (WEC) Q4 2024 Earnings Call Transcript

WEC Energy Group, Inc. (NYSE:WEC) Q4 2024 Earnings Conference Call February 4, 2025 2:00 PM ET Company Participants Scott Lauber - President and Chief Executive Officer Xia Liu - Chief Financial Offi...

2 hours ago - Seeking Alpha

WEC Energy Group posts 2024 results

MILWAUKEE , Feb. 4, 2025 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income based on generally accepted accounting principles (GAAP) of $1.5 billion, or $4.83 per share, for 2024. ...

13 hours ago - PRNewsWire

My Top 10 High-Yield Dividend Stocks For February 2025

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1 day ago - Seeking Alpha

WEC Energy Group to announce 2024 fourth-quarter and year-end financial results Feb. 4

MILWAUKEE , Jan. 28, 2025 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2024 fourth-quarter and full-year earnings news release before the stock market opens Tuesday, Feb. 4. A conf...

7 days ago - PRNewsWire

Wisconsin Electric declares quarterly dividends

MILWAUKEE , Jan. 16, 2025 /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...

19 days ago - PRNewsWire

WEC Energy Group raises quarterly dividend by 6.9 percent

MILWAUKEE , Jan. 16, 2025 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 89.25 cents per share on the company's common stock, an inc...

19 days ago - PRNewsWire

My Top 10 Utilities For 2025

Long-term rates have risen, creating potential buying opportunities for utilities like AEP, AWK, AWR, BKH, ES, EVRG, SJW, WEC, WTRG, and XEL. These utilities have strong fundamentals, attractive valua...

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4 weeks ago - Seeking Alpha

My Top 10 High-Yield Dividend Stocks For January 2025

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4 weeks ago - Seeking Alpha

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...

6 weeks ago - PRNewsWire

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 ...

6 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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....

2 months ago - PRNewsWire

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...

2 months ago - Seeking Alpha

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.

2 months ago - PRNewsWire

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...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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 $...

3 months ago - PRNewsWire

WEC Energy: 3 Reasons Why The Stock Isn't A Sell Going Into Q3 Earnings

WEC Energy Group will report its third quarter 2024 results on Thursday, October 31, before the market opens. Analysts currently expect WEC's adjusted EPS to decline 30% year-over-year - but is it a s...

3 months ago - Seeking Alpha

Dividend Aristocrats Of The Future - Part 2

This is the second group of 10 companies who are aiming to reach dividend aristocrat status in the near future. The majority of these companies are from the utilities sector with two defense contracto...

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3 months ago - Seeking Alpha

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

Top 2024 Passive Dividend Picks Are Starting To Deliver

With rate cuts beginning as we enter the final quarter of the year, it is time for a review of how my “top picks” are performing for the year. These were originally chosen as they were choices from be...

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4 months ago - Seeking Alpha

My Top 10 High-Yield Dividend Stocks For September 2024

The bull run continues for SPY in August, with the ETF adding 2.34% to its year-to-date return. The watchlist posts two very strong back-to-back months of 5%+ returns. The top 10 stocks on the watchli...

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