WEC Energy Group Inc

$99.42
(as of Feb 4, 3:59 PM EST)

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Ticker Information for WEC Energy Group Inc

Stock Price
$99.42
Ticker Symbol
WEC
Exchange
NYSE

Industry Information for WEC Energy Group Inc

Sector
Utilities
Industry
Utilities - Regulated Electric

Company Description for WEC Energy Group Inc

Country
USA
Full Time Employees
7,000

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. The company generates and distributes electricity from coal, natural gas, oil, and nuclear, as well as renewable energy resources, including wind, solar, hydroelectric, and biomass; and distributes and transports natural gas. It also owns, maintains, monitors, and operates electric transmission systems; and generates, distributes, and sells steam. As of December 31, 2023, the company operated approximately 35,500 miles of overhead distribution lines and 36,500 miles of underground distribution cables, as well as 430 electric distribution substations and 523,700 line transformers; approximately 46,400 miles of natural gas distribution mains; 1,700 miles of natural gas transmission mains; 2.4 million natural gas lateral services; 490 natural gas distribution and transmission gate stations; and 69.3 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.

Fundamentals for WEC Energy Group Inc

Market Capitalization
$31,388,643,328
EBITDA
$3,489,200,128
Dividends per Share
$0
P/E Ratio
24.26
Forward P/E Ratio
19.16
Earnings per Share
$4.09
Earnings per Share Estimate Next Year
$5.60
Profit Margin
15.14%
Shares Outstanding
316,353,984
Percent Owned by Insiders
0.15%
Percent Owned by Institutions
81.32%
52-Week High
$102.79
52-Week Low
$73.07

Technical Indicators for WEC Energy Group Inc

50-Day Moving Average
$96.98
200-Day Moving Average
$90.32
RSI
55.97
1.97

Analyst Ratings for WEC Energy Group Inc

Strong Buy
4
Buy
2
Hold
12
Sell
1
Strong Sell
0

News About WEC Energy Group Inc

Jan 31, 2025, 1:17 PM EST
Unitil Corporation UTL announced that its board of directors has increased dividends by 5.9%. See more.
Jan 31, 2025, 11:40 AM EST
Investors looking for stocks in the Utility - Electric Power sector might want to consider either Iberdrola S.A. See more.
Jan 31, 2025, 7:11 AM EST
WEC Energy Group, Inc.'s (NYSE:WEC) dividend will be increasing from last year's payment of the same period to $0.8925 on 1st of March. See more.
Jan 28, 2025, 12:00 PM EST
MILWAUKEE, Jan. See more.