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

WEC Energy Group (NYSE:WEC) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 5.170-5.270 for the period, compared to the consensus estimate of 5.230. The company issued revenue guidance of -.

WEC Energy Group Stock Down 1.5 %

NYSE:WEC traded down $1.48 on Tuesday, reaching $98.97. 1,380,638 shares of the stock traded hands, compared to its average volume of 2,085,651. The company has a current ratio of 0.65, a quick ratio of 0.46 and a debt-to-equity ratio of 1.37. The company has a market capitalization of $31.31 billion, a price-to-earnings ratio of 24.17, a PEG ratio of 2.50 and a beta of 0.49. WEC Energy Group has a 12 month low of $75.13 and a 12 month high of $102.79. The company’s fifty day simple moving average is $96.67 and its 200 day simple moving average is $94.77.

WEC Energy Group (NYSE:WEC) last announced its quarterly earnings data on Tuesday, February 4th. The utilities provider reported $1.43 earnings per share for the quarter, missing analysts’ consensus estimates of $1.49 by ($0.06). WEC Energy Group had a return on equity of 11.72% and a net margin of 15.14%. Equities analysts predict that WEC Energy Group will post 4.9 EPS for the current fiscal year.

WEC Energy Group Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Friday, February 14th will be issued a dividend of $0.835 per share. This represents a $3.34 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date of this dividend is Friday, February 14th. WEC Energy Group’s payout ratio is presently 81.66%.

Analyst Ratings Changes

WEC has been the topic of several research reports. StockNews.com upgraded shares of WEC Energy Group from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Bank of America upgraded WEC Energy Group from an “underperform” rating to a “neutral” rating and raised their price target for the stock from $90.00 to $98.00 in a research note on Thursday, December 12th. Barclays upgraded WEC Energy Group from an “underweight” rating to an “equal weight” rating and raised their price target for the stock from $89.00 to $93.00 in a research note on Thursday, January 2nd. Wells Fargo & Company raised their target price on WEC Energy Group from $103.00 to $106.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 16th. Finally, Scotiabank raised their target price on WEC Energy Group from $103.00 to $110.00 and gave the stock a “sector outperform” rating in a research report on Monday, December 9th. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $100.00.

Insider Activity at WEC Energy Group

In other news, Director Gale E. Klappa sold 40,269 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $99.56, for a total value of $4,009,181.64. Following the completion of the transaction, the director now owns 273,248 shares of the company’s stock, valued at $27,204,570.88. This represents a 12.84 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Scott J. Lauber sold 6,720 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $100.89, for a total value of $677,980.80. Following the completion of the transaction, the chief executive officer now owns 45,709 shares of the company’s stock, valued at $4,611,581.01. The trade was a 12.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 48,794 shares of company stock worth $4,866,579. 0.44% of the stock is owned by company insiders.

WEC Energy Group Company Profile

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.