WEC Energy Group (NYSE:WEC) Issues FY 2025 Earnings Guidance

WEC Energy Group (NYSE:WEC) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 5.170-5.270 for the period, compared to the consensus earnings per share estimate of 5.240. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

WEC has been the subject of a number of recent research reports. KeyCorp dropped their price objective on shares of WEC Energy Group from $123.00 to $117.00 and set an “overweight” rating for the company in a research note on Friday, December 12th. TD Cowen assumed coverage on WEC Energy Group in a report on Thursday, October 16th. They set a “hold” rating and a $125.00 target price on the stock. Bank of America dropped their price target on WEC Energy Group from $122.00 to $116.00 and set a “neutral” rating for the company in a research report on Wednesday, December 31st. BMO Capital Markets boosted their price target on WEC Energy Group from $114.00 to $120.00 and gave the stock a “market perform” rating in a report on Tuesday, October 21st. Finally, Royal Bank Of Canada set a $131.00 price objective on WEC Energy Group in a research note on Monday, October 27th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $120.64.

WEC Energy Group Trading Down 1.0%

Shares of WEC Energy Group stock opened at $105.44 on Tuesday. WEC Energy Group has a fifty-two week low of $91.94 and a fifty-two week high of $118.18. The business’s fifty day moving average is $108.56 and its two-hundred day moving average is $109.14. The company has a quick ratio of 0.33, a current ratio of 0.50 and a debt-to-equity ratio of 1.29. The firm has a market cap of $34.30 billion, a PE ratio of 19.93, a P/E/G ratio of 2.52 and a beta of 0.58.

WEC Energy Group (NYSE:WEC) last released its earnings results on Tuesday, September 2nd. The utilities provider reported $1.43 earnings per share for the quarter. WEC Energy Group had a return on equity of 12.60% and a net margin of 17.75%.The firm had revenue of $2.28 billion for the quarter. Analysts anticipate that WEC Energy Group will post 5.23 earnings per share for the current year.

WEC Energy Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Friday, February 13th will be given a $0.9525 dividend. This is a boost from WEC Energy Group’s previous quarterly dividend of $0.89. This represents a $3.81 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Friday, February 13th. WEC Energy Group’s dividend payout ratio is 72.02%.

Institutional Trading of WEC Energy Group

Institutional investors have recently made changes to their positions in the stock. CIBC Bancorp USA Inc. purchased a new position in shares of WEC Energy Group in the 3rd quarter worth $5,982,000. Centaurus Financial Inc. increased its stake in WEC Energy Group by 111.0% during the third quarter. Centaurus Financial Inc. now owns 3,018 shares of the utilities provider’s stock worth $346,000 after acquiring an additional 1,588 shares during the last quarter. Sunbelt Securities Inc. raised its holdings in shares of WEC Energy Group by 2,605.9% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,380 shares of the utilities provider’s stock worth $158,000 after purchasing an additional 1,329 shares during the period. Captrust Financial Advisors lifted its stake in shares of WEC Energy Group by 5.3% in the 3rd quarter. Captrust Financial Advisors now owns 33,413 shares of the utilities provider’s stock valued at $3,829,000 after purchasing an additional 1,684 shares in the last quarter. Finally, Coldstream Capital Management Inc. grew its holdings in shares of WEC Energy Group by 33.0% during the 3rd quarter. Coldstream Capital Management Inc. now owns 5,654 shares of the utilities provider’s stock worth $648,000 after purchasing an additional 1,402 shares during the period. 77.20% of the stock is owned by hedge funds and other institutional investors.

About WEC Energy Group

WEC Energy Group is a Milwaukee, Wisconsin–based regulated energy holding company whose primary businesses are the generation, transmission and distribution of electricity and the distribution of natural gas. The company operates through a set of utility subsidiaries that provide bundled energy service, customer billing and energy-related programs to residential, commercial and industrial customers. As a regulated utility group, WEC’s operations focus on delivering reliable service while managing infrastructure investment and compliance with state and federal utility regulation.

Its utility subsidiaries include well-known regional operators such as We Energies and Wisconsin Public Service, along with Chicago-area natural gas utilities that were part of the Integrys Energy Group acquisition.