WEC Energy Group, Inc. (WEC)

NYSE: WEC · Real-Time Price · USD
103.21
-1.15 (-1.10%)
At close: Apr 7, 2025, 4:00 PM
104.53
+1.32 (1.27%)
Pre-market: Apr 8, 2025, 5:17 AM EDT
-1.10%
Market Cap 32.80B
Revenue (ttm) 8.60B
Net Income (ttm) 1.53B
Shares Out 317.75M
EPS (ttm) 4.83
PE Ratio 21.37
Forward PE 19.72
Dividend $3.57 (3.46%)
Ex-Dividend Date Feb 14, 2025
Volume 3,100,285
Open 103.00
Previous Close 104.36
Day's Range 101.29 - 104.84
52-Week Range 77.47 - 111.00
Beta 0.43
Analysts Hold
Price Target 100.25 (-2.87%)
Earnings Date Apr 30, 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 8 analysts, the average rating for WEC stock is "Hold." The 12-month stock price forecast is $100.25, which is a decrease of -2.87% from the latest price.

Price Target
$100.25
(-2.87% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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.

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5 weeks ago - Benzinga

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...

7 weeks ago - Seeking Alpha

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...

7 weeks ago - Seeking Alpha

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...

7 weeks ago - Seeking Alpha

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 months 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. ...

2 months ago - PRNewsWire

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...

2 months 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...

2 months 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...

2 months 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...

2 months 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...

Other symbols: AEPAWKAWRBKHESEVRGSJW
3 months ago - Seeking Alpha

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...

3 months 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...

3 months 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 ...

3 months 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...

4 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 ...

4 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....

4 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...

4 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.

5 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...

5 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...

5 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 $...

5 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...

5 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...

Other symbols: BBYEIXEVRGLNTMCHPNOCWM
5 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...

5 months ago - PRNewsWire