WEC Energy Group Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 31 out of 65 in the Electric Utilities & IPPs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 121.43.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
WEC Energy Group Inc's Score
Industry at a Glance
Industry Ranking
31 / 65
Overall Ranking
144 / 4521
Industry
Electric Utilities & IPPs
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
WEC Energy Group Inc Highlights
StrengthsRisks
WEC Energy Group, Inc. is a diversified holding company. The Company, through its wholly owned subsidiaries, provides or invests in regulated natural gas and electricity, and renewable energy, as well as non-regulated renewable energy. Its segments include Wisconsin, Illinois, Other states, electric transmission, non-utility energy and infrastructure, and corporate and other segment. The Wisconsin segment is engaged in the generation of electricity and the distribution of electricity and natural gas in Wisconsin and distributes natural gas to customers located in the Upper Peninsula of Michigan. The Illinois segment is engaged in the distribution of natural gas in Illinois. Other states segment engaged primarily in the distribution of natural gas in Minnesota and Michigan. The non-utility energy infrastructure segment consists of We Power, which owns electric power-generating facilities, and Bluewater, which owns underground natural gas storage facilities in Michigan.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 9.80B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 69.16%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 69.16%.
Overvalued
The company’s latest PE is 23.03, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 275.40M shares, decreasing 0.33% quarter-over-quarter.
WEC Energy Group, Inc. is a diversified holding company. The Company, through its wholly owned subsidiaries, provides or invests in regulated natural gas and electricity, and renewable energy, as well as non-regulated renewable energy. Its segments include Wisconsin, Illinois, Other states, electric transmission, non-utility energy and infrastructure, and corporate and other segment. The Wisconsin segment is engaged in the generation of electricity and the distribution of electricity and natural gas in Wisconsin and distributes natural gas to customers located in the Upper Peninsula of Michigan. The Illinois segment is engaged in the distribution of natural gas in Illinois. Other states segment engaged primarily in the distribution of natural gas in Minnesota and Michigan. The non-utility energy infrastructure segment consists of We Power, which owns electric power-generating facilities, and Bluewater, which owns underground natural gas storage facilities in Michigan.