WEC Energy Group, Inc. (WEC)
- Previous Close
82.81 - Open
82.81 - Bid 81.14 x 800
- Ask 81.69 x 800
- Day's Range
81.39 - 82.98 - 52 Week Range
75.13 - 97.34 - Volume
1,287,941 - Avg. Volume
2,075,736 - Market Cap (intraday)
25.736B - Beta (5Y Monthly) 0.41
- PE Ratio (TTM)
19.31 - EPS (TTM)
4.22 - Earnings Date May 1, 2024
- Forward Dividend & Yield 3.34 (4.10%)
- Ex-Dividend Date May 13, 2024
- 1y Target Est
86.54
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments. The company generates and distributes electricity from coal, natural gas, oil, and nuclear, as well as renewable energy resources, including wind, solar, hydroelectric, and biomass; and distributes and transports natural gas. It also owns, maintains, monitors, and operates electric transmission systems; and generates, distributes, and sells steam. As of December 31, 2023, the company operated approximately 35,500 miles of overhead distribution lines and 36,500 miles of underground distribution cables, as well as 430 electric distribution substations and 523,700 line transformers; approximately 46,400 miles of natural gas distribution mains; 1,700 miles of natural gas transmission mains; 2.4 million natural gas lateral services; 490 natural gas distribution and transmission gate stations; and 69.3 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1896 and is headquartered in Milwaukee, Wisconsin.
www.wecenergygroup.com7,000
Full Time Employees
December 31
Fiscal Year Ends
Sector
Utilities - Regulated Electric
Industry
Recent News: WEC
Performance Overview: WEC
Trailing total returns as of 4/26/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: WEC
Valuation Measures
Market Cap
25.74B
Enterprise Value
44.52B
Trailing P/E
19.31
Forward P/E
16.69
PEG Ratio (5yr expected)
2.53
Price/Sales (ttm)
2.89
Price/Book (mrq)
2.20
Enterprise Value/Revenue
5.01
Enterprise Value/EBITDA
12.62
Financial Highlights
Profitability and Income Statement
Profit Margin
14.98%
Return on Assets (ttm)
3.18%
Return on Equity (ttm)
11.23%
Revenue (ttm)
8.89B
Net Income Avi to Common (ttm)
1.33B
Diluted EPS (ttm)
4.22
Balance Sheet and Cash Flow
Total Cash (mrq)
42.9M
Total Debt/Equity (mrq)
156.08%
Levered Free Cash Flow (ttm)
-156.39M
Research Analysis: WEC
Company Insights: WEC
Fair Value
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Insider Sentiment Score
Research Reports: WEC
Analyst Report: WEC Energy Group, Inc.
WEC Energy Group's electric and gas utility businesses serve electric and gas customers in Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 48% electric generation and distribution, 36% gas distribution, 10% electric transmission, and 6% unregulated renewable energy.
RatingPrice TargetAnalyst Report: WEC Energy Group, Inc.
WEC Energy Group's electric and gas utility businesses serve electric and gas customers in Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 48% electric generation and distribution, 36% gas distribution, 10% electric transmission, and 6% unregulated renewable energy.
RatingPrice TargetAnalyst Report: WEC Energy Group Inc
WEC Energy Group, based in Milwaukee, is a 98%-regulated energy company serving 4.7 million utility customers in Wisconsin (63% of customers), Illinois (17%), Minnesota (5%) and Michigan (5%). The company generates and distributes electricity and delivers natural gas. The company's primary subsidiaries are We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources, and Upper Michigan Energy Resources. The company's other major subsidiary, We Power, designs, builds, and owns electric generating plants. WEC's current revenue by business is approximately 75% regulated electricity generation and distribution and 22% regulated natural gas distribution. In 2023, about 14% of MWh sales were for resale customers and 4% were for wholesale. WEC is heavily dependent on the Wisconsin economy and the dairy industry. The company's 2022 fuel mix for electric generation was 32% coal, 37% natural gas, 22% nuclear, and 8% renewables. It plans to reduce carbon emissions by 80% and stop using coal as a primary fuel source by 2030, in line with many peers, and to also eliminate methane emissions by 2030.
RatingPrice TargetMarket Update: CMG, HP, VIAV, LLY, WEC, LEA
Stocks rose on Wednesday morning as investors digested new earnings reports and economic data. In December, the U.S. trade deficit was $62.2 billion -- an increase of 0.5%, with exports rising 1.5% to $258.2 billion and imports increasing 1.3% to 320.4 billion. The S&P 500 rose 0.7%, the Dow 0.4% and the Nasdaq was up 0.8%. Crude oil traded above $73 per barrel and gold traded at $2053 per ounce.