WEC Energy Group, Inc. (WEC)

NYSE: WEC · Real-Time Price · USD
99.42
-0.25 (-0.25%)
Dec 3, 2024, 12:34 PM EST - Market open
-0.25%
Market Cap 31.45B
Revenue (ttm) 8.53B
Net Income (ttm) 1.29B
Shares Out 316.35M
EPS (ttm) 4.09
PE Ratio 24.28
Forward PE 21.30
Dividend $3.34 (3.36%)
Ex-Dividend Date Nov 14, 2024
Volume 290,681
Open 100.11
Previous Close 99.66
Day's Range 99.22 - 100.51
52-Week Range 75.13 - 102.79
Beta 0.45
Analysts Hold
Price Target 96.00 (-3.44%)
Earnings Date Oct 31, 2024

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 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 Statements

Analyst Forecast

According to 10 analysts, the average rating for WEC stock is "Hold." The 12-month stock price forecast is $96.0, which is a decrease of -3.44% from the latest price.

Price Target
$96.0
(-3.44% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

5 days 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.

19 days 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...

27 days 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...

4 weeks 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 $...

4 weeks 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...

5 weeks 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...

Other symbols: BBYEIXEVRGLNTMCHPNOCWM
5 weeks 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...

5 weeks 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...

6 weeks ago - PRNewsWire

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...

6 weeks 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...

6 weeks 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...

Other symbols: CAGKNEEO
2 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...

3 months ago - Seeking Alpha

Top 3 Utilities Stocks You May Want To Dump In August

As of Aug 30, 2024, three stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: PCGWAVE
3 months ago - Benzinga

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...

3 months ago - Seeking Alpha

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...

Other symbols: BMYCLXCVXLYBMDTSBUXUPS
3 months ago - Seeking Alpha

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...

4 months ago - PRNewsWire

Top 2 Utilities Stocks That Should Keep You Up At Night In Q3

As of Aug 6, 2024, two stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: ED
4 months ago - Benzinga

My Top 10 High-Yield Dividend Stocks For August 2024

The bull run continues for SPY in July, with the ETF adding 1.21% to its year-to-date return. After breaking a 3-month winning streak in June the watchlist comes back strong in July posting a gain of ...

4 months ago - Seeking Alpha

WEC Energy: A Rare Combo Of Value And Dividend Growth

Utilities in the U.S. are shareholder-friendly, with some companies having increased distributions annually for over two decades. Despite recent sector performance, many utilities are trading near 52-...

4 months ago - Seeking Alpha

WEC Energy Group, Inc. (WEC) Q2 2024 Earnings Call Transcript

WEC Energy Group, Inc. (NYSE:WEC) Q2 2024 Earnings Conference Call July 31, 2024 2:00 PM ET Company Participants Scott Lauber - President and CEO Xia Liu - CFO Conference Call Participants Shar Pourr...

4 months ago - Seeking Alpha

WEC Energy's second-quarter profit falls on higher expenses

Utility company WEC Energy Group reported a 27% drop in second-quarter profit on Wednesday, hurt by higher operating costs and a rise in interest expenses.

4 months ago - Reuters

WEC Energy Group reports second-quarter results

MILWAUKEE , July 31, 2024 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income of $211.3 million, or 67 cents per share, for the second quarter of 2024 — down from $289.7 million, or...

4 months ago - PRNewsWire

Two Undervalued Dividend Opportunities

WEC Energy and Apple Hospitality are promising investment options worth exploring for stability and income potential. WEC geographic region is one of the lowest cost in the nation and will have an eas...

Other symbols: APLE
4 months ago - Seeking Alpha

WEC Energy Group to announce 2024 second-quarter results July 31

MILWAUKEE , July 24, 2024 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2024 second-quarter earnings news release before the stock market opens Wednesday, July 31. A conference call...

4 months ago - PRNewsWire