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WEC

WEC - WEC Energy Group Inc Stock Price, Fair Value and News

84.79USD+0.96 (+1.15%)Delayed as of 08 May 2024, 01:35 pm ET

Market Summary

WEC
USD84.79+0.96
Delayedas of 08 May 2024, 01:35 pm
1.15%

WEC Alerts

  • Big jump in Earnings (Y/Y)

WEC Stock Price

View Fullscreen

WEC RSI Chart

WEC Valuation

Market Cap

26.5B

Price/Earnings (Trailing)

15.56

Price/Sales (Trailing)

3.05

EV/EBITDA

11.27

Price/Free Cashflow

29.02

WEC Price/Sales (Trailing)

WEC Profitability

EBT Margin

19.17%

Return on Equity

13.68%

Return on Assets

3.87%

Free Cashflow Yield

3.45%

WEC Fundamentals

WEC Revenue

Revenue (TTM)

8.7B

Rev. Growth (Yr)

-7.2%

Rev. Growth (Qtr)

20.87%

WEC Earnings

Earnings (TTM)

1.7B

Earnings Growth (Yr)

311.4K%

Earnings Growth (Qtr)

31.75%

Breaking Down WEC Revenue

52 Week Range

76.2595.70
(Low)(High)

Last 7 days

1.4%

Last 30 days

4.4%

Last 90 days

7.2%

Trailing 12 Months

-11.8%

How does WEC drawdown profile look like?

WEC Financial Health

Current Ratio

0.55

Debt/Equity

1.24

Debt/Cashflow

0.2

WEC Investor Care

Dividend Yield

3.72%

Dividend/Share (TTM)

3.12

Shares Dilution (1Y)

0.12%

Diluted EPS (TTM)

4.22

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20248.7B000
20239.6B9.3B9.2B8.9B
20228.5B9.0B9.2B9.6B
20217.8B8.0B8.0B8.3B
20207.3B7.2B7.3B7.2B
20197.8B7.7B7.7B7.5B
20187.6B7.7B7.7B7.7B
20177.6B7.6B7.6B7.6B
20166.7B7.3B7.4B7.5B
20154.7B4.6B5.3B5.9B
20144.9B5.0B5.0B5.0B
20134.3B4.4B4.4B4.5B
20124.3B4.3B4.3B4.2B
20114.3B4.4B4.5B4.5B
20104.0B4.0B4.2B4.2B
20094.4B4.3B4.2B4.1B
200804.3B4.3B4.4B
20070004.2B
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Tracking the Latest Insider Buys and Sells of WEC Energy Group Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 01, 2024
hooper michael
acquired
-
-
2,706
president wi utilities
Mar 01, 2024
lauber scott j
acquired
132,238
52.895
2,500
president and ceo
Feb 29, 2024
klappa gale e
sold
-2,925,600
78.6876
-37,180
executive chairman
Feb 29, 2024
klappa gale e
acquired
2,644,750
52.895
50,000
executive chairman
Feb 29, 2024
lauber scott j
acquired
149,693
52.895
2,830
president and ceo
Feb 29, 2024
lauber scott j
sold
-223,247
78.886
-2,830
president and ceo
Jan 04, 2024
mulroy molly a
sold (taxes)
-4,570
86.23
-53.00
evp & chief admin officer
Jan 04, 2024
krueger daniel
sold (taxes)
-4,915
86.23
-57.00
evp wec infrastructure
Jan 04, 2024
liu xia
sold (taxes)
-24,144
86.23
-280
evp and cfo
Jan 04, 2024
guc william j
sold (taxes)
-4,483
86.23
-52.00
vice president & controller

1–10 of 50

Which funds bought or sold WEC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
Van Hulzen Asset Management, LLC
reduced
-9.96
-110,000
793,000
0.05%
May 06, 2024
Bard Financial Services, Inc.
unchanged
-
-8,323
333,407
0.04%
May 06, 2024
OLD SECOND NATIONAL BANK OF AURORA
added
1.09
-5,893
424,889
0.11%
May 06, 2024
Hilltop National Bank
new
-
63,643
63,643
0.02%
May 06, 2024
TEACHER RETIREMENT SYSTEM OF TEXAS
added
4.53
51,000
2,653,000
0.02%
May 06, 2024
NEW YORK LIFE INVESTMENT MANAGEMENT LLC
reduced
-3.69
-227,029
3,534,440
0.04%
May 06, 2024
Metis Global Partners, LLC
added
2.47
-355
1,538,270
0.06%
May 06, 2024
STONERIDGE INVESTMENT PARTNERS LLC
reduced
-15.79
-779,000
3,585,000
1.36%
May 06, 2024
NewEdge Wealth, LLC
added
7.82
35,809
592,058
0.01%
May 06, 2024
SG Americas Securities, LLC
added
287
3,221,000
4,379,000
0.02%

1–10 of 50

Are Funds Buying or Selling WEC?

Are funds buying WEC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own WEC
No. of Funds

Unveiling WEC Energy Group Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
13.21%
41,668,081
SC 13G/A
Jan 29, 2024
state street corp
5.66%
17,860,650
SC 13G/A
Jan 24, 2024
blackrock inc.
9.1%
28,785,394
SC 13G/A
Feb 09, 2023
vanguard group inc
13.34%
42,077,122
SC 13G/A
Feb 07, 2023
state street corp
6.00%
18,930,010
SC 13G/A
Feb 07, 2023
blackrock inc.
9.5%
29,967,088
SC 13G/A
Feb 14, 2022
state street corp
5.47%
17,239,190
SC 13G/A
Feb 11, 2022
magellan asset management ltd
4.81%
15,185,727
SC 13G
Feb 09, 2022
vanguard group inc
12.34%
38,931,251
SC 13G/A
Jan 10, 2022
blackrock inc.
10.5%
33,040,366
SC 13G/A

Recent SEC filings of WEC Energy Group Inc

View All Filings
Date Filed Form Type Document
May 03, 2024
10-Q
Quarterly Report
May 01, 2024
8-K
Current Report
Apr 15, 2024
8-K
Current Report
Apr 09, 2024
4
Insider Trading
Apr 09, 2024
4
Insider Trading
Apr 09, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 01, 2024
3
Insider Trading
Mar 28, 2024
ARS
ARS
Mar 28, 2024
DEF 14A
DEF 14A

Peers (Alternatives to WEC Energy Group Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
47.4B
19.3B
7.05% -1.58%
16.81
2.45
-2.13% 41.75%
25.7B
4.3B
11.23% -10.61%
26.78
5.96
10.78% 15.26%
19.8B
7.3B
2.26% -16.59%
17.18
2.73
-10.88% 5.77%
18.2B
3.9B
3.54% 2.11%
19.62
4.6
-15.47% 16.09%
15.3B
28.5B
0.80% 134.27%
9.3
0.54
-9.05% 188.86%
14.2B
8.3B
2.11% -9.74%
15.96
1.72
0.05% 30.98%
13.4B
12.5B
4.09% -12.64%
-2.1K
1.07
-3.77% 98.49%
2.5B
670.6M
7.54% -12.28%
28.27
3.68
-1.48% -2.88%
MID-CAP
8.7B
4.7B
5.02% -4.27%
16.1
1.85
4.84% 12.15%
3.6B
1.9B
6.36% 0.93%
14.7
1.93
19.68% 30.53%
3.0B
1.9B
9.19% -14.89%
15.71
1.57
9.47% 35.66%
SMALL-CAP
427.3M
180.2M
3.95% 58.13%
14.37
2.37
91.50% 388.02%
158.3M
2.0M
-5.60% -49.46%
-5.03
78.74
33.96% -26.84%
35.3M
415.8M
1.67% 4.09%
1.49
0.08
-11.16% 525.10%
8.2M
-
-24.26% -34.81%
-10.98
12.3
-88.45% 83.25%

WEC Energy Group Inc News

Latest updates
Defense World • 5 hours ago
Seeking Alpha • 06 May 2024 • 11:45 am
MarketBeat • 05 May 2024 • 03:19 pm
Simply Wall St • 04 May 2024 • 03:23 pm
MarketWatch • 03 May 2024 • 09:04 pm

WEC Energy Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue20.9%2,680,2002,217,5001,957,4001,830,0002,888,1002,558,4002,003,0002,127,9002,908,1002,201,9001,746,5001,676,2002,691,4001,933,4001,651,0001,548,7002,108,6001,947,5001,608,0001,590,2002,377,400
Costs and Expenses-0.5%1,866,8001,876,1001,485,4001,404,7002,218,8002,178,0001,598,8001,719,7002,176,7001,875,1001,356,5001,307,4002,062,1001,562,9001,280,8001,209,9001,482,0001,584,4001,297,1001,275,6001,834,600
EBITDA Margin7.5%0.43*0.40*0.38*0.37*0.35*0.35*0.35*0.36*0.37*0.37*0.38*0.38*0.38*0.40*0.40*0.39*-----
Interest Expenses-0.8%192,000193,500182,500178,700172,200150,200127,500119,800117,600113,600118,000120,000119,500117,900122,000124,400129,400127,200125,800124,100124,400
Income Taxes306.0%87,70021,60060,40048,50074,10059,00073,40063,400127,10020,50050,80054,10074,90037,20046,90053,80090,00033,50011,30015,20065,000
Earnings Before Taxes195.8%710,300240,100376,000338,500581,700311,200375,100351,200695,100244,300339,500329,800585,200276,800314,000295,900542,600277,700245,600251,000485,400
EBT Margin11.0%0.19*0.17*0.17*0.17*0.17*0.18*0.18*0.18*0.19*0.18*0.19*0.19*0.19*0.20*0.20*0.19*-----
Net Income31.8%622,600472,550315,600289,700-200535,450301,700287,5001,800617,150288,700-600-100239,000267,100200-200243,900234,300235,700420,100
Net Income Margin61.6%0.20*0.12*0.12*0.12*0.12*0.12*0.13*0.13*0.11*0.11*0.07*0.06*0.06*0.07*0.07*0.07*-----
Free Cashflow-419,100-128,300383,900296,700-670,700-375,00040,500693,300-591,800162,700291,500-75,400-335,200-11,400148,000194,400----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.0%43,92743,94043,44243,01942,79641,87240,76139,60738,97538,98938,40137,79537,60137,02835,42235,04234,83234,95234,37733,93433,737
  Current Assets-6.8%2,6052,7962,4442,4582,8393,1882,7712,6432,5632,6572,4092,2782,35637.001,7271,7131,8452,0941,7731,8392,008
    Cash Equivalents170.6%11643.0046.0055.0036.0029.0011610512016.0010910090.0073.0061.0062.0066.0082.0067.0091.0089.00
  Net PPE0.5%31,73031,58231,46831,01030,37929,11469227,62627,11026,98226,62326,26625,99430124,55224,17223,79723,62023,03522,53622,193
  Goodwill0%3,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,053
  Current Liabilities-7.9%4,7105,1154,0744,0973,7664,6110.003,8183,2643,7533,6933,3743,71537.002,8403,4852,8483,1832,8183,3622,890
  Short Term Borrowings27.4%2,5742,0211,5491,0901,2611,6471,2601,6291,4501,8971,5091,4251,5801,7777711,212827831---
  Long Term Debt-0.9%15,37615,51315,95715,60815,82714,76614,91113,52313,51413,52412,67812,69612,31811,72811,65310,72211,19511,21110,8979,92110,327
    LT Debt, Current-100.0%-1,2649.009.009.008099.009.009.0091.009.004.00-778-------
    LT Debt, Non Current-100.0%-15,3672,81190.002,71314,65699.0098.0010313,472107111-11,673----10,8979,92110,327
Shareholder's Equity2.9%12,42612,07212,10012,03111,98811,61711,59611,49111,44511,11311,10711,03010,96810,66310,55910,49310,48510,25510,18610,14810,112
  Retained Earnings4.7%7,9727,6137,6407,5707,5277,2657,2427,1707,1116,7756,7656,6886,6266,3306,2906,2236,1815,9285,8705,8225,772
  Additional Paid-In Capital0.7%4,1464,1164,1164,1154,1144,1154,1144,1214,1324,1384,1444,1444,1444,1444,1644,1654,1674,1874,1854,1984,213
Accumulated Depreciation1.8%11,27511,07310,91510,71710,53210,38410,34910,18310,0419,8899,7999,6259,4819,3659,3099,1589,0428,8798,8088,7058,589
Shares Outstanding0.1%316315315315315315315315315315315315315315315315315315315--
Float----27,800---31,700---28,100---27,600---26,300-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations79.9%863,600480,000784,100958,200796,1001,200296,900685,8001,076,80026,000780,500831,000395,200246,300570,100689,100690,500504,800549,500555,500735,700
Cashflow From Investing44.5%-436,200-786,500-670,300-833,500-1,267,900-656,500-1,048,400-599,300-338,200-623,100-614,100-533,300-541,300-1,243,700-556,900-543,200-463,000-760,400-668,100-459,800-606,600
Cashflow From Financing-244.3%-476,500330,300-112,500-112,600417,600721,500762,600-101,200-706,500575,400-156,900-287,600163,1001,008,800-14,400-149,200-244,100271,30094,500-94,100-186,100
  Dividend Payments7.1%263,500246,100246,000246,000246,100229,400229,500229,400229,600213,600213,700213,800213,700199,500199,500199,500199,500186,100186,100186,100186,200
  Buy Backs-66.1%2,0005,9001,2002,6006,90090019,90025,00023,40017,4004,4004,7006,60042,5006,4009,90040,4001,90031,90035,60070,700
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WEC Income Statement

2024-03-31
CONDENSED CONSOLIDATED INCOME STATEMENTS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Operating revenues$ 2,680.2$ 2,888.1
Operating expenses  
Cost of sales927.11,309.7
Other operation and maintenance530.8534.0
Depreciation and amortization333.4305.5
Property and revenue taxes75.569.6
Total operating expenses1,866.82,218.8
Operating income813.4669.3
Equity in earnings of transmission affiliates44.843.8
Other income, net44.140.8
Interest expense192.0172.2
Other expense(103.1)(87.6)
Income before income taxes710.3581.7
Income tax expense87.774.1
Net income622.6507.6
Preferred stock dividends of subsidiary0.30.3
Net loss attributed to noncontrolling interests0.00.2
Net income attributed to common shareholders$ 622.3$ 507.5
Earnings per share  
Basic (in dollars per share)$ 1.97$ 1.61
Diluted (in dollars per share)$ 1.97$ 1.61
Weighted average common shares outstanding  
Basic (in shares)315.6315.4
Diluted (in shares)315.9315.9

WEC Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets  
Cash and cash equivalents$ 38.9$ 42.9
Accounts receivable and unbilled revenues, net of reserves of $190.7 and $193.5, respectively1,557.01,503.2
Materials, supplies, and inventories608.6775.2
Prepaid taxes143.0173.9
Other prepayments70.976.8
Other186.2223.7
Current assets2,604.62,795.7
Long-term assets  
Property, plant, and equipment, net of accumulated depreciation and amortization of $11,275.0 and $11,073.1, respectively31,729.831,581.5
Regulatory assets (March 31, 2024 and December 31, 2023 include $84.1 and $85.9, respectively, related to WEPCo Environmental Trust)3,247.03,249.8
Equity investment in transmission affiliates2,027.12,005.9
Goodwill3,052.83,052.8
Pension and OPEB assets883.9870.9
Other382.0383.1
Long-term assets41,322.641,144.0
Total assets43,927.243,939.7
Current liabilities  
Short-term debt2,574.22,020.9
Current portion of long-term debt (March 31, 2024 and December 31, 2023 include $9.0, related to WEPCo Environmental Trust)640.51,264.2
Accounts payable640.9896.6
Other854.1933.1
Current liabilities4,709.75,114.8
Long-term liabilities  
Long-term debt (March 31, 2024 and December 31, 2023 include $85.4 and $85.3, respectively, related to WEPCo Environmental Trust)15,375.815,512.8
Deferred income taxes5,120.04,918.5
Deferred revenue, net351.1356.4
Regulatory liabilities3,730.23,697.7
Intangible liabilities581.4594.8
Environmental remediation liabilities448.9463.7
AROs377.7374.2
Other806.3835.3
Long-term liabilities26,791.426,753.4
Commitments and contingencies (Note 20)
Common shareholders' equity  
Common stock – $0.01 par value; 325,000,000 shares authorized; 315,822,587 and 315,434,531 shares outstanding, respectively3.23.2
Additional paid in capital4,145.74,115.9
Retained earnings7,971.67,612.8
Accumulated other comprehensive loss(7.8)(7.7)
Common shareholders' equity12,112.711,724.2
Preferred stock of subsidiary30.430.4
Noncontrolling interests283.0316.9
Total liabilities and equity$ 43,927.2$ 43,939.7
WEC
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. The company operates through six segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. It generates and distributes electricity from coal, natural gas, and oil, as well as hydroelectric, wind, solar, and biomass sources; provides electric transmission services; offers retail natural gas distribution services; transports natural gas; and generates, distributes, and sells steam. As of December 31, 2022, it operated approximately 35,600 miles of overhead distribution lines and 36,100 miles of underground distribution cables, as well as 430 electric distribution substations and 514,800 line transformers; 52,000 miles of natural gas distribution mains; 1,100 miles of natural gas transmission mains; 2.4 million natural gas lateral services; 500 natural gas distribution and transmission gate stations; and 68.2 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.
 CEO
 WEBSITEwecenergygroup.com
 INDUSTRYUtilities Regulated Electric
 EMPLOYEES7000

WEC Energy Group Inc Frequently Asked Questions


What is the ticker symbol for WEC Energy Group Inc? What does WEC stand for in stocks?

WEC is the stock ticker symbol of WEC Energy Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of WEC Energy Group Inc (WEC)?

As of Tue May 07 2024, market cap of WEC Energy Group Inc is 26.47 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WEC stock?

You can check WEC's fair value in chart for subscribers.

What is the fair value of WEC stock?

You can check WEC's fair value in chart for subscribers. The fair value of WEC Energy Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of WEC Energy Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WEC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is WEC Energy Group Inc a good stock to buy?

The fair value guage provides a quick view whether WEC is over valued or under valued. Whether WEC Energy Group Inc is cheap or expensive depends on the assumptions which impact WEC Energy Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WEC.

What is WEC Energy Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, WEC's PE ratio (Price to Earnings) is 15.56 and Price to Sales (PS) ratio is 3.05. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WEC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on WEC Energy Group Inc's stock?

In the past 10 years, WEC Energy Group Inc has provided 0.092 (multiply by 100 for percentage) rate of return.