WEC Energy Group, Inc. (WEC)

NYSE: WEC · IEX Real-Time Price · USD
106.53
1.13 (1.07%)
May 27, 2022 4:00 PM EDT - Market closed
Market Cap33.73B
Revenue (ttm)8.53B
Net Income (ttm)1.36B
Shares Out316.66M
EPS (ttm)4.29
PE Ratio24.83
Forward PE23.92
Dividend$2.81 (2.64%)
Ex-Dividend DateMay 12, 2022
Volume1,172,919
Open105.08
Previous Close105.40
Day's Range104.80 - 106.90
52-Week Range86.84 - 108.39
Beta0.27
AnalystsHold
Price Target107.44 (+0.9%)
Earnings DateMay 2, 2022

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. The company operates through six segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. It generates and distributes electricity from coal, natural gas, oil, hydroelectric, wind, solar, and biomass sources; provides electric transmission services; offers retail natural gas distribution services; tra...

IndustryMulti-Utilities
CEOJ. Kevin Fletcher
Employees7,000
Stock ExchangeNYSE
Ticker SymbolWEC
Full Company Profile

Financial Performance

In 2021, WEC's revenue was $8.32 billion, an increase of 14.83% compared to the previous year's $7.24 billion. Earnings were $1.30 billion, an increase of 8.36%.

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for WEC stock is "Hold." The 12-month stock price forecast is 107.44, which is an increase of 0.85% from the latest price.

Price Target
$107.44
(0.85% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Peoples Gas works with federal and state officials to pay off heating bills for customers who have low incomes

CHICAGO , May 25, 2022 /PRNewswire/ -- Peoples Gas announced today that its customers who applied and qualified for heating assistance over the winter and spring will have all remaining past-due balance...

2 days ago - PRNewsWire

Here's Why WEC Energy Group (WEC) is a Strong Growth Stock

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

1 week ago - Zacks Investment Research

Klappa, Lauber highlight a year of progress

MILWAUKEE, May 5, 2022 /PRNewswire/ -- At WEC Energy Group's (NYSE: WEC) virtual annual meeting of stockholders today, Executive Chairman Gale Klappa and President and CEO Scott Lauber highlighted how t...

3 weeks ago - PRNewsWire

WEC Energy (WEC) Beats Q1 Earnings Estimates, Ups 2022 View

WEC Energy's (WEC) first-quarter earnings beat estimates. The company raises its earnings per share guidance for 2022.

3 weeks ago - Zacks Investment Research

WEC Energy Group (WEC) Q1 Earnings and Revenues Beat Estimates

WEC Energy (WEC) delivered earnings and revenue surprises of 7.83% and 3.78%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

WEC Energy Group reports first-quarter results

MILWAUKEE , May 2, 2022 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income of $565.9 million, or $1.79 per share, for the first quarter of 2022 — up from $510.1 million, or $1.61 per...

3 weeks ago - PRNewsWire

Utility Stocks' Q1 Earnings Due on May 2: WEC, OGS & More

Let's focus on utility stocks WEC, OGS, OTTR and AWR that are scheduled to release first-quarter earnings on May 2.

Other symbols:AWROGSOTTR
4 weeks ago - Zacks Investment Research

Should You Buy WEC Energy (WEC) Ahead of Earnings?

WEC Energy (WEC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

4 weeks ago - Zacks Investment Research

Clean energy investments and grid hardening part of We Energies rate plan

MILWAUKEE , April 28, 2022 /PRNewswire/ -- We Energies filed proposals with the Public Service Commission of Wisconsin (PSCW) today for regulatory reviews that will set customer rates for electricity, n...

4 weeks ago - PRNewsWire

Clean energy investments and grid hardening part of WPS rate plan

GREEN BAY, Wis. , April 28, 2022 /PRNewswire/ -- Wisconsin Public Service (WPS) filed proposals with the Public Service Commission of Wisconsin (PSCW) today for regulatory reviews that will set customer...

4 weeks ago - PRNewsWire

4 Utility Stocks Likely to Beat Q1 Earnings Estimates

Stable demand for utility services, new rates and systematic investments are set to aid utilities like AWK, WEC, OGS and D to beat first-quarter earnings estimates and provide high-quality services to c...

Other symbols:AWKDOGS
1 month ago - Zacks Investment Research

WEC Energy Group (WEC) Earnings Expected to Grow: Should You Buy?

WEC Energy (WEC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

WEC Energy Group to announce 2022 first-quarter results May 2

MILWAUKEE , April 25, 2022 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2022 first-quarter earnings news release before the stock market opens Monday, May 2. A conference call for in...

1 month ago - PRNewsWire

Wisconsin Electric declares quarterly dividends

MILWAUKEE , April 21, 2022  /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...

1 month ago - PRNewsWire

WEC Energy Group declares quarterly dividend

MILWAUKEE , April 21, 2022 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 72.75 cents per share on the company's common stock. The div...

1 month ago - PRNewsWire

Urbint Partners with Wisconsin Public Service to Protect Natural Gas Infrastructure

WPS using Urbint Lens for Damage Prevention to focus equipment protection efforts NEW YORK , April 21, 2022 /PRNewswire/ -- Urbint , the leading AI platform for predicting and stopping threats to critic...

1 month ago - PRNewsWire

Reasons to Add WEC Energy (WEC) to Your Portfolio Right Now

WEC Energy (WEC) makes a strong case for investment, given positive estimates movement and systematic capital investments to strengthen infrastructure and serve the expanding customer base.

1 month ago - Zacks Investment Research

7 Dividend Utility Stocks to Buy to Charge Up Your Income

Dividend utility stocks are essential for a regular income stream, but they also allow shareholders to invest in the economy's future. The post 7 Dividend Utility Stocks to Buy to Charge Up Your Income ...

Other symbols:CNPDTEDUKEIXETRNEE
1 month ago - InvestorPlace

4 Reasons to Add WEC Energy (WEC) to Your Portfolio

WEC Energy (WEC) makes a strong case for investments, given the positive estimates movement, systematic capital investments to strengthen infrastructure to serve the expanding customer base and lower em...

2 months ago - Zacks Investment Research

Illinois Residents Sue Peoples Gas, Subsidiary of WEC, for Contaminating East Central Illinois' Major Source of Water...

CHICAGO--(BUSINESS WIRE)--Today, a group of residents filed a class action lawsuit against natural gas provider Peoples Gas for neglecting to maintain wells that injected natural gas into underground st...

2 months ago - Business Wire

5 Utility Stocks to Buy to Stay Safe Amid Severe Volatility

We have narrowed our search to five utility stocks. These are XEL, WEC, ETR, PNM and ATO.

Other symbols:ATOETRPNMXEL
3 months ago - Zacks Investment Research

PNM vs. WEC: Which Stock Is the Better Value Option?

PNM vs. WEC: Which Stock Is the Better Value Option?

Other symbols:PNM
3 months ago - Zacks Investment Research

WEC Energy (WEC) Q4 Earnings Beat Estimates and Revenues Rise

WEC Energy's (WEC) fourth-quarter earnings beat estimates. The company reaffirms earnings per share guidance for 2022.

3 months ago - Zacks Investment Research

WEC Energy Group (WEC) Beats Q4 Earnings and Revenue Estimates

WEC Energy (WEC) delivered earnings and revenue surprises of 4.41% and 18.70%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

WEC Energy Group posts 2021 results

MILWAUKEE, Feb. 3, 2022 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income of $1.3 billion, or $4.11 per share, for 2021. This compares to earnings of $1.2 billion, or $3.79 per shar...

3 months ago - PRNewsWire