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WEC Energy Group Inc (WEC)
NYSE:WEC
WEC Energy Group (WEC) Stock Price & Analysis
799 Followers
WEC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$73.22 - $89.77
Previous Close$78.46
Volume1.25M
Average Volume (3M)2.00M
Market Cap
$24.78B
Enterprise Value$43.61B
Total Cash (Recent Filing)$38.90M
Total Debt (Recent Filing)$18.59B
Price to Earnings (P/E)17.1
Beta0.39
Next Earnings
Jul 30, 2024EPS Estimate
$0.79Last Dividend Ex-Date
May 13, 2024Dividend Yield4.12%
Share Statistics
EPS (TTM)4.58
Shares Outstanding315,822,587
10 Day Avg. Volume2,071,913
30 Day Avg. Volume2,004,447
Standard Deviation0.06
R-Squared0.15
Alpha-0.00092
Financial Highlights & Ratios
Price to Book (P/B)2.85
Price to Sales (P/S)11.14
Price to Cash Flow (P/CF)12.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.02
Enterprise Value/Gross Profit12.11
Enterprise Value/Ebitda14.81
Forecast
1Y Price Target
$89.29Price Target Upside14.93% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
WEC Energy Group News
PremiumCompany Announcements
WEC Energy Group Investor Engagement and Strategic Insight
PremiumCompany Announcements
WEC Energy Group Enhances Investor Relations with Meetings
PremiumCompany Announcements
WEC Energy Group’s Leadership Change and Shareholder Decisions
PremiumPress Releases
WEC Energy Group reports first-quarter results
PremiumPre-Earnings
Is WEC a Buy, Before Earnings?Bulls Say, Bears Say
Bulls Say
EarningsManagement reaffirmed the company’s long-term 6.5-7% EPS growth rate and 65-70% dividend payout.
GuidanceThe company operated well to overcome the mildest winter on record in WI and reaffirmed its full-year guidance of $4.80-4.90.
Investment OpportunitiesManagement highlighted the significant economic development/data center-centric incremental load that should drive investment opportunities at its regulated utilities.
Bears Say
Management ExecutionNear-term multiple expansion to remain limited given investors’ focus on management’s execution in 2024 with the significant weather headwind to start the year.
Regulatory HealthInvestors will carefully be watching the WI rate case as a referendum on the state’s regulatory health after the less predictable path witnessed in past two major cases for utilities in the state.
Tax TimingThe beat appeared largely attributable to tax timing that should reverse over the course of the year.
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Ownership Overview
0.36% Insiders
23.61% Mutual Funds
27.14% Other Institutional Investors
48.90% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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WEC FAQ
What was WEC Energy Group Inc’s price range in the past 12 months?
WEC Energy Group Inc lowest stock price was $73.22 and its highest was $89.77 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 Jul 30, 2024 which is in 28 days.
How were WEC Energy Group Inc’s earnings last quarter?
WEC Energy Group Inc released its earnings results on May 01, 2024. The company reported $1.97 earnings per share for the quarter, beating the consensus estimate of $1.913 by $0.057.
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 4.12%. 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 $0.79.
How many shares outstanding does WEC Energy Group Inc have?
WEC Energy Group Inc has 315,822,600 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 $1.97 in its last earnings report, beating expectations of $1.913. Following the earnings report the stock price went down -0.061%.
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
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$89.29 (14.93% Upside)
$89.29 (14.93% Upside)
Blogger Sentiment
Bullish
WEC Sentiment 100%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Increased
By 17.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.4%
Last 30 Days ▲ 4.2%
Last 30 Days ▲ 4.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-6.67%
12-Months-Change
Fundamentals
Return on Equity
12.16%
Trailing 12-Months
Asset Growth
2.64%
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
Q1 2024
0:00 / 0:00
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WEC Stock 12 Month Forecast
Average Price Target
$89.29
▲(14.93% Upside)
Technical Analysis
Best Analysts Covering WEC
1 Year
1 Year Success Rate
5/8 ratings generated profit
1 Year Average Return
+1.81%
reiterated a buy rating 2 months ago
Copying Andrew Weisel's trades and holding each position for 1 Year would result in 62.50% of your transactions generating a profit, with an average return of +1.81% per trade.
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