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WEC Energy (WEC) Stock

Profile

Sector:

Utilities

Industry:

Electric

Country:

United States

IPO:

17 March 1980

Indexes:

Description:

WEC Energy Group, Inc. is an energy holding company that, along with its subsidiaries, provides natural gas, electricity, and non-regulated renewable energy sources. The company was founded in 1981 and its main executive offices are located in Milwaukee, Wisconsin. Subsidiaries WE, WPS, and UMERC generate and distribute electricity throughout the state of Wisconsin. Electricity supplies include sales to retail, wholesale, and resale customers, as well as sales to customers who have switched to an alternative electricity supplier. WE also includes a steam company that generates, distributes, and sells steam used for processing, space heating, hot water supply, and humidification. The company owns power plants operating on coal, natural gas, and renewable energy sources, with approximately 7,118 MW of generating capacity.

Key Details

Price

$93.79

TTM Dividend Yield

3.56%(-1.11% YoY)

PE Ratio

22.93(+11.74% YoY)

Beta

0.03

Events Calendar

Earnings

Next earnings date:

Jan 31, 2025

Recent quarterly earnings:

Oct 31, 2024

Recent annual earnings:

Feb 01, 2024
Dividend

Next ex-dividend date:

Feb 14, 2025

Recent ex-dividend date:

Nov 14, 2024
Splits

Next split:

N/A

Recent split:

Mar 02, 2011

Analyst ratings

Recent major analysts updates

02 Jan '25 Barclays
Equal-Weight
12 Dec '24 B of A Securities
Neutral
09 Dec '24 Scotiabank
Sector Outperform
04 Dec '24 Keybanc
Overweight
02 Dec '24 BMO Capital
Market Perform
22 Oct '24 Keybanc
Overweight
16 Oct '24 Wells Fargo
Overweight
08 Oct '24 Barclays
Underweight
07 Oct '24 Barclays
Underweight
30 Sept '24 Keybanc
Overweight

Market Data

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Institutional Ownership

Here's Why You Should Add WEC Energy Stock to Your Portfolio Now
Here's Why You Should Add WEC Energy Stock to Your Portfolio Now
Here's Why You Should Add WEC Energy Stock to Your Portfolio Now
WEC
zacks.com30 December 2024

WEC presents a compelling argument for investment due to its potential for growth, effective management of debt, and ability to enhance shareholder value. Its return on equity also supports this positive outlook. Overall, these factors make it an attractive option for investors.

All You Need to Know About WEC Energy (WEC) Rating Upgrade to Buy
All You Need to Know About WEC Energy (WEC) Rating Upgrade to Buy
All You Need to Know About WEC Energy (WEC) Rating Upgrade to Buy
WEC
zacks.com27 December 2024

WEC Energy (WEC) has received a Zacks Rank #2 (Buy) upgrade, indicating increased confidence in the company's potential earnings. This could lead to a rise in the stock price soon.

ETR or WEC: Which Is the Better Value Stock Right Now?
ETR or WEC: Which Is the Better Value Stock Right Now?
ETR or WEC: Which Is the Better Value Stock Right Now?
WEC
zacks.com20 December 2024

Investors looking at Utility - Electric Power stocks may have come across Entergy (ETR) and WEC Energy Group (WEC). However, which of these two stocks is more appealing for value investors?

WEC Energy Group Announces Pricing Terms of Its Cash Tender Offer
WEC Energy Group Announces Pricing Terms of Its Cash Tender Offer
WEC Energy Group Announces Pricing Terms of Its Cash Tender Offer
WEC
prnewswire.com19 December 2024

MILWAUKEE, Dec. 19, 2024 /CNW/ - WEC Energy Group, Inc. (NYSE: WEC) has revealed the pricing details for its increased cash tender offer, aiming to buy back $400,000,000 in total principal amount of its senior notes. The table below provides key information about the Securities and the Tender Offer, including their priority order and purchase prices.

WEC Energy Group Announces Early Results and Upsize of Its Cash Tender Offer for Its Outstanding Senior Notes
WEC Energy Group Announces Early Results and Upsize of Its Cash Tender Offer for Its Outstanding Senior Notes
WEC Energy Group Announces Early Results and Upsize of Its Cash Tender Offer for Its Outstanding Senior Notes
WEC
prnewswire.com18 December 2024

MILWAUKEE, Dec. 18, 2024 /PRNewswire/ -- WEC Energy Group, Inc. (NYSE: WEC) has announced that, as part of its earlier cash tender offer for up to $350 million in senior notes, a total of $866,697,000 in notes were successfully submitted and not withdrawn by the deadline of 5:00 p.m. Eastern Time on December 18, 2024.

WEC Energy Group Announces Cash Tender Offer for up to $350 Million of its Outstanding Senior Notes
WEC Energy Group Announces Cash Tender Offer for up to $350 Million of its Outstanding Senior Notes
WEC Energy Group Announces Cash Tender Offer for up to $350 Million of its Outstanding Senior Notes
WEC
prnewswire.com05 December 2024

MILWAUKEE, Dec. 5, 2024 /PRNewswire/ -- WEC Energy Group, Inc. (NYSE: WEC) has announced the start of a cash tender offer for up to $350 million in total principal amount of its outstanding senior notes. This amount may change according to the terms of the Tender Offer. The table below provides details about the Securities and the Tender Offer, including priority order and purchase price information.

WEC Energy (WEC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
WEC Energy (WEC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
WEC Energy (WEC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
WEC
zacks.com01 November 2024

The financial results for WEC Energy (WEC) provide an overview of the company's performance for the quarter that ended in September 2024. It may be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.

WEC Energy Group, Inc. (WEC) Q3 2024 Earnings Call Transcript
WEC Energy Group, Inc. (WEC) Q3 2024 Earnings Call Transcript
WEC Energy Group, Inc. (WEC) Q3 2024 Earnings Call Transcript
WEC
seekingalpha.com31 October 2024

WEC Energy Group, Inc. (NYSE:WEC) will hold its Q3 2024 Earnings Conference Call on October 31, 2024, at 2:00 PM ET. The call will feature company leaders, including President and CEO Scott Lauber, along with various financial analysts from different firms. Please note that this call is being recorded, and all participants are currently in listen-only mode.

WEC Energy Q3 Earnings Beat Estimates, Revenues Miss
WEC Energy Q3 Earnings Beat Estimates, Revenues Miss
WEC Energy Q3 Earnings Beat Estimates, Revenues Miss
WEC
zacks.com31 October 2024

WEC's earnings and revenues for the third quarter of 2024 have dropped compared to the previous year. At the same time, total operating expenses have also decreased during this period.

WEC Energy Group (WEC) Q3 Earnings Surpass Estimates
WEC Energy Group (WEC) Q3 Earnings Surpass Estimates
WEC Energy Group (WEC) Q3 Earnings Surpass Estimates
WEC
zacks.com31 October 2024

WEC Energy Group (WEC) reported quarterly earnings of $0.82 per share, which is higher than the Zacks Consensus Estimate of $0.70 per share. This is a decrease compared to earnings of $1 per share from the same period last year.

FAQ

  • What is the primary business of WEC Energy?
  • What is the ticker symbol for WEC Energy?
  • Does WEC Energy pay dividends?
  • What sector is WEC Energy in?
  • What industry is WEC Energy in?
  • What country is WEC Energy based in?
  • When did WEC Energy go public?
  • Is WEC Energy in the S&P 500?
  • Is WEC Energy in the NASDAQ 100?
  • Is WEC Energy in the Dow Jones?
  • When was WEC Energy's last earnings report?
  • When does WEC Energy report earnings?
  • Should I buy WEC Energy stock now?

What is the primary business of WEC Energy?

WEC Energy Group, Inc. is an energy holding company that, along with its subsidiaries, provides natural gas, electricity, and non-regulated renewable energy sources. The company was founded in 1981 and its main executive offices are located in Milwaukee, Wisconsin. Subsidiaries WE, WPS, and UMERC generate and distribute electricity throughout the state of Wisconsin. Electricity supplies include sales to retail, wholesale, and resale customers, as well as sales to customers who have switched to an alternative electricity supplier. WE also includes a steam company that generates, distributes, and sells steam used for processing, space heating, hot water supply, and humidification. The company owns power plants operating on coal, natural gas, and renewable energy sources, with approximately 7,118 MW of generating capacity.

What is the ticker symbol for WEC Energy?

The ticker symbol for WEC Energy is NYSE:WEC

Does WEC Energy pay dividends?

Yes, WEC Energy pays dividends. The last payment was $0.83, with an ex-dividend date on 14 November 2024

What sector is WEC Energy in?

WEC Energy is in the Utilities sector

What industry is WEC Energy in?

WEC Energy is in the Electric industry

What country is WEC Energy based in?

WEC Energy is headquartered in United States

When did WEC Energy go public?

WEC Energy's initial public offering (IPO) was on 17 March 1980

Is WEC Energy in the S&P 500?

Yes, WEC Energy is included in the S&P 500 index

Is WEC Energy in the NASDAQ 100?

No, WEC Energy is not included in the NASDAQ 100 index

Is WEC Energy in the Dow Jones?

No, WEC Energy is not included in the Dow Jones index

When was WEC Energy's last earnings report?

WEC Energy's most recent earnings report was on 31 October 2024

When does WEC Energy report earnings?

The next expected earnings date for WEC Energy is 31 January 2025

Should I buy WEC Energy stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions