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WEC Energy Group Inc (WEC)
NYSE:WEC
WEC Energy Group (WEC) Stock Price & Analysis
769 Followers
WEC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$73.94 - $95.15
Previous Close$80.44
Volume428.22K
Average Volume (3M)2.12M
Market Cap
$25.81B
Enterprise Value$44.46B
Total Cash (Recent Filing)$42.90M
Total Debt (Recent Filing)$18.80B
Price to Earnings (P/E)19.1
Beta0.53
Next Earnings
May 01, 2024EPS Estimate
$1.87Next Dividend Ex-Date
May 13, 2024Dividend Yield3.99%
Share Statistics
EPS (TTM)4.22
Shares Outstanding315,561,510
10 Day Avg. Volume1,419,309
30 Day Avg. Volume2,115,689
Standard Deviation0.06
R-Squared0.14
Alpha0.00002
Financial Highlights & Ratios
Price to Book (P/B)2.83
Price to Sales (P/S)2.83
Price to Cash Flow (P/CF)12.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.00
Enterprise Value/Gross Profit7.80
Enterprise Value/Ebitda16.05
Forecast
1Y Price Target
$88.22Price Target Upside7.87% Upside
Rating ConsensusHold
Number of Analyst Covering9
WEC Energy Group News
PremiumPress Releases
Wisconsin Electric declares quarterly dividends
PremiumPress Releases
WEC Energy Group declares quarterly dividend
PremiumCompany Announcements
WEC Energy Discusses Future Rates with Investors
PremiumCompany Announcements
WEC Energy Group Adjusts Q1 Earnings ForecastPremiumCompany Announcements
WEC Energy Welcomes New President with Incentive Package
PremiumCompany Announcements
WEC Energy Group Enhances Investor Relations with Meetings
Bulls Say, Bears Say
Bulls Say
Capital DeploymentSignificant capital reallocation and investment enhance the company's ability to drive economic growth within its service areas.
Financial PerformanceThe company surpassed its guidance range, demonstrating strong execution despite challenges posed by weather and interest rates.
Operational EfficiencyAnticipated reduction in operations and maintenance costs could serve as a potential upside for the company's financials.
Bears Say
Earnings ImpactIL gas rate order causes a near-term EPS hiccup.
GuidanceManagement initiated slightly below trend 2024 guidance of $4.80-4.90.
Regulatory RiskThe company’s upcoming rate case filing in WI will be in front of two new commissioners, heightening regulatory uncertainty.
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Options Prices
Currently, No data available
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Ownership Overview
0.36% Insiders
24.38% Mutual Funds
27.92% Other Institutional Investors
47.34% Public Companies and
Individual Investors
WEC FAQ
What was WEC Energy Group Inc’s price range in the past 12 months?
WEC Energy Group Inc lowest stock price was $73.94 and its highest was $95.15 in the past 12 months.
What is WEC Energy Group Inc’s market cap?
Currently, no data Available
When is WEC Energy Group Inc’s upcoming earnings report date?
WEC Energy Group Inc’s upcoming earnings report date is May 01, 2024 which is in 11 days.
How were WEC Energy Group Inc’s earnings last quarter?
WEC Energy Group Inc released its earnings results on Feb 01, 2024. The company reported $1.1 earnings per share for the quarter, beating the consensus estimate of $1.085 by $0.015.
Is WEC Energy Group Inc overvalued?
According to Wall Street analysts WEC Energy Group Inc’s price is currently Undervalued.
Does WEC Energy Group Inc pay dividends?
WEC Energy Group Inc pays a Quarterly dividend of $0.83 which represents an annual dividend yield of 3.99%. See more information on WEC Energy Group Inc dividends here
What is WEC Energy Group Inc’s EPS estimate?
WEC Energy Group Inc’s EPS estimate is $1.87.
How many shares outstanding does WEC Energy Group Inc have?
WEC Energy Group Inc has 315,561,520 shares outstanding.
What happened to WEC Energy Group Inc’s price movement after its last earnings report?
WEC Energy Group Inc reported an EPS of $1.1 in its last earnings report, beating expectations of $1.085. Following the earnings report the stock price went up 1.264%.
Which hedge fund is a major shareholder of WEC Energy Group Inc?
Among the largest hedge funds holding WEC Energy Group Inc’s share is Cincinnati Specialty Underwriters Insurance CO. It holds WEC Energy Group Inc’s shares valued at 8M.
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WEC Energy Group Stock Smart Score
Neutral
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10
Analyst Consensus
Hold
Average Price Target:
$88.22 (7.87% Upside)
$88.22 (7.87% Upside)
Blogger Sentiment
Bullish
WEC Sentiment 100%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Decreased
By 580.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 3.1%
Last 30 Days ▼ 3.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-14.31%
12-Months-Change
Fundamentals
Return on Equity
11.51%
Trailing 12-Months
Asset Growth
4.66%
Trailing 12-Months
Company Description
WEC Energy Group Inc
WEC Energy Group, Inc. engages in the generation and distribution of electricity as well as delivers natural gas in Wisconsin, Illinois, Michigan and Minnesota. The company generates electricity from coal, oil, hydroelectric, natural gas, wind, and biomass sources.
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WEC Earnings Call
Q4 2024
0:00 / 0:00
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WEC Stock 12 Months Forecast
Average Price Target
$88.22
▲(7.87% Upside)
Technical Analysis
Best Analysts Covering WEC
1 Year
1 Year Success Rate
6/15 ratings generated profit
1 Year Average Return
+0.25%
reiterated a buy rating 3 months ago
Copying Neil Kalton's trades and holding each position for 1 Year would result in 40.00% of your transactions generating a profit, with an average return of +0.25% per trade.
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