WEC Energy Group, Inc. (WEC)

NYSE: WEC · Real-Time Price · USD
93.79
-0.20 (-0.21%)
Jan 3, 2025, 4:00 PM EST - Market closed
-0.21%
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]

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 $97.1, which is an increase of 3.53% from the latest price.

Price Target
$97.1
(3.53% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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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My Top 10 High-Yield Dividend Stocks For January 2025

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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...

16 days 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 ...

17 days 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...

26 days 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 ...

4 weeks 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....

4 weeks 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...

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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.

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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...

2 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...

2 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 $...

2 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...

2 months ago - Seeking Alpha

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...

2 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...

2 months 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...

2 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...

2 months ago - PRNewsWire

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My Top 10 High-Yield Dividend Stocks For September 2024

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4 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...

4 months ago - Seeking Alpha

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5 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...

5 months ago - PRNewsWire

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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.

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