WEC Energy Group, Inc. (WEC)
| Market Cap | 33.73B |
| Revenue (ttm) | 8.53B |
| Net Income (ttm) | 1.36B |
| Shares Out | 316.66M |
| EPS (ttm) | 4.29 |
| PE Ratio | 24.83 |
| Forward PE | 23.92 |
| Dividend | $2.81 (2.64%) |
| Ex-Dividend Date | May 12, 2022 |
| Volume | 1,172,919 |
| Open | 105.08 |
| Previous Close | 105.40 |
| Day's Range | 104.80 - 106.90 |
| 52-Week Range | 86.84 - 108.39 |
| Beta | 0.27 |
| Analysts | Hold |
| Price Target | 107.44 (+0.9%) |
| Earnings Date | May 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...
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 StatementsAnalyst 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.
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...
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.
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...
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.
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?
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...
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.
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.
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...
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 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...
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.
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...
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...
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...
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...
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.
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 ...
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...
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...
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.
PNM vs. WEC: Which Stock Is the Better Value Option?
PNM vs. WEC: Which Stock Is the Better Value Option?
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.
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?
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...