WEC Energy Group Inc's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 37/67 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 122.64.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows 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
37 / 67
Overall Ranking
188 / 4592
Industry
Electric Utilities & IPPs
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
20
analysts
Buy
Current Rating
122.644
Target Price
+17.07%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
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 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%.
Fairly Valued
The company’s latest PE is 19.87, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 269.29M shares, decreasing 0.78% 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.
Ticker SymbolWEC
CompanyWEC Energy Group Inc
CEOLauber (Scott J)
Websitehttps://www.wecenergygroup.com/
FAQs
What is the current price of WEC Energy Group Inc (WEC)?
The current price of WEC Energy Group Inc (WEC) is 103.880.
What is the symbol of WEC Energy Group Inc?
The ticker symbol of WEC Energy Group Inc is WEC.
What is the 52-week high of WEC Energy Group Inc?
The 52-week high of WEC Energy Group Inc is 118.185.
What is the 52-week low of WEC Energy Group Inc?
The 52-week low of WEC Energy Group Inc is 91.940.
What is the market capitalization of WEC Energy Group Inc?
The market capitalization of WEC Energy Group Inc is 33.79B.
What is the net income of WEC Energy Group Inc?
The net income of WEC Energy Group Inc is 1.53B.
Is WEC Energy Group Inc (WEC) currently rated as Buy, Hold, or Sell?
According to analysts, WEC Energy Group Inc (WEC) has an overall rating of Buy, with a price target of 122.644.
What is the Earnings Per Share (EPS TTM) of WEC Energy Group Inc (WEC)?
The Earnings Per Share (EPS TTM) of WEC Energy Group Inc (WEC) is 5.227.