WEC Energy Group, Inc. (WEC)
Market Cap | 34.54B |
Revenue (ttm) | 8.60B |
Net Income (ttm) | 1.53B |
Shares Out | 319.09M |
EPS (ttm) | 4.83 |
PE Ratio | 22.42 |
Forward PE | 20.68 |
Dividend | $3.57 (3.30%) |
Ex-Dividend Date | May 14, 2025 |
Volume | 457,967 |
Open | 107.74 |
Previous Close | 107.73 |
Day's Range | 107.15 - 108.36 |
52-Week Range | 77.47 - 111.00 |
Beta | 0.43 |
Analysts | Hold |
Price Target | 102.75 (-5.07%) |
Earnings Date | May 6, 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 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 StatementsAnalyst Forecast
According to 8 analysts, the average rating for WEC stock is "Hold." The 12-month stock price forecast is $102.75, which is a decrease of -5.07% from the latest price.
News

Decarbonization Efforts, AI Underpin WEC's Energy Growth
I rate WEC a Buy due to its strategic alignment in AI-driven energy demand and clean energy transition, positioning it for long-term growth. WEC plans a $28 billion investment from 2025-2029 to expand...

Infrastructure, Stability, Income: The Real WEC Energy Story
WEC Energy Group is a stable, regulated utility with a focus on green transformation, aiming to reduce CO₂ emissions by 60% by 2025. The company's predictable business model, driven by investments in ...

Wisconsin Electric declares quarterly dividends
MILWAUKEE , April 17, 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, paya...

WEC Energy Group declares quarterly dividend
MILWAUKEE , April 17, 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. The d...

Top 3 Utilities Stocks You May Want To Dump In February
As of Feb. 27, 2025, 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.

WEC Energy: Capitalizing On AI And Energy Infrastructure Expansion
WEC Energy is poised to benefit from the AI boom, with energy consumption expected to grow significantly, driving demand for its services. The company has a diversified portfolio and plans to increase...

AES: A Contrarian Idea Amid WEC Energy's Solid 2024 Earnings
Wisconsin-focused regulated utility WEC Energy Group, Inc. released its fourth-quarter and full-year 2024 earnings last Tuesday. After an initial negative reaction to the results, WEC shares have rebo...

WEC Energy: Buy Now After The Latest Dividend Hike
WEC Energy Group just raised its quarterly dividend per share for the 22nd consecutive year. The electric and gas utility should be able to deliver on its 6.5% to 7% annual adjusted diluted EPS growth...

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...

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. ...

My Top 10 High-Yield Dividend Stocks For February 2025
SPY kicks off 2025 with a gain of 2.67% in January. VYM is off to an even better start with a gain of 3.75%. The top 10 stocks on the watchlist for February 2025 offer a 3.43% dividend yield, nearly t...

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...

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...

My Top 10 High-Yield Dividend Stocks For January 2025
SPY ends 2024 on a sour note but with a total gain of 24.89%. The top 10 stocks on the watchlist for January 2025 offer a 3.45% dividend yield, nearly triple that of the S&P 500. My top 10 list of hig...

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 $...