WEC Energy 2025 adjusted EPS rises 8% yr/yr

Overview

• U.S. energy company's 2025 adjusted EPS rose 8% yr/yr, driven by operational efficiency

• 2025 revenue increased by $1.2 bln yr/yr, reaching $9.8 bln

• Company reaffirmed 2026 EPS guidance of $5.51 to $5.61

Outlook

• Company expects 2026 EPS between $5.51 and $5.61

• WEC Energy projects 7-8% annual EPS growth over next five years

• Company increases quarterly dividend by 6.7%

Result Drivers

• ELECTRICITY DELIVERIES - Retail electricity deliveries increased by 2.2%, with residential use up 3.5%

• NATURAL GAS DELIVERIES - Natural gas deliveries in Wisconsin rose by 11.5%, though weather-normalized deliveries were slightly lower

• SETTLEMENT CHARGES - Earnings were impacted by a charge related to a settlement with the Illinois Attorney General

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 11 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the electric utilities peer group is "buy"

• Wall Street's median 12-month price target for WEC Energy Group Inc is $118.50, about 4.6% above its February 4 closing price of $113.33

• The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nPn4jLbRCa

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