- Previous Close
96.79 - Open
96.71 - Bid 94.64 x 1100
- Ask 97.71 x 1200
- Day's Range
95.97 - 97.12 - 52 Week Range
75.13 - 100.31 - Volume
1,461,234 - Avg. Volume
2,058,540 - Market Cap (intraday)
30.411B - Beta (5Y Monthly) 0.44
- PE Ratio (TTM)
23.85 - EPS (TTM)
4.03 - Earnings Date Feb 4, 2025
- Forward Dividend & Yield 3.34 (3.42%)
- Ex-Dividend Date Nov 14, 2024
- 1y Target Est
98.46
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
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Performance Overview: WEC
Trailing total returns as of 11/14/2024, 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
View MoreValuation Measures
Market Cap
30.41B
Enterprise Value
49.43B
Trailing P/E
23.87
Forward P/E
18.59
PEG Ratio (5yr expected)
2.86
Price/Sales (ttm)
3.62
Price/Book (mrq)
2.56
Enterprise Value/Revenue
5.85
Enterprise Value/EBITDA
13.87
Financial Highlights
Profitability and Income Statement
Profit Margin
15.14%
Return on Assets (ttm)
3.04%
Return on Equity (ttm)
10.52%
Revenue (ttm)
8.53B
Net Income Avi to Common (ttm)
1.29B
Diluted EPS (ttm)
4.03
Balance Sheet and Cash Flow
Total Cash (mrq)
322.5M
Total Debt/Equity (mrq)
155.84%
Levered Free Cash Flow (ttm)
-623.51M
Research Analysis: WEC
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Research Reports: WEC
View MoreStocks continued their post-election rally after the Fed cut interest rates by
Stocks continued their post-election rally after the Fed cut interest rates by 25 basis points. Tech stocks pulled the Nasdaq up 1.5% and S&P 500 up 0.7%. The Dow traded near the flat line. Treasuries fell, while gold and crude oil were up slightly.
Strong 4Q expected with recent share momentum
WEC Energy Group, based in Milwaukee, is a 98%-regulated energy company serving 4.7 million utility customers in Wisconsin (about 65% of customers), Illinois (17%), Minnesota (5%) and Michigan (5%). The company generates and distributes electricity and delivers natural gas. It has over 15 utility subsidiaries, primarily We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources, and Upper Michigan Energy Resources. Its other major subsidiary, We Power, designs, builds, and owns electric generating plants. WEC owns 60% of American Transmission Company. WEC's revenue by business has been 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, while 33% were to large industrial customers. 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 2032, in line with many peers, and to eliminate methane emissions by 2030. The company's market cap is about $30 billion.
RatingPrice TargetStocks continued their post-election rally after the Fed cut interest rates by
Stocks continued their post-election rally after the Fed cut interest rates by 25 basis points. Tech stocks pulled the Nasdaq up 1.5% and S&P 500 up 0.7%. The Dow traded near the flat line. Treasuries fell, while gold and crude oil were up slightly.
WEC Energy Earnings: Sizable Capital Investment Increase Highlights Growth Opportunities
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 Target