Equities analysts expect that Vectren Corp (NYSE:VVC) will post earnings of $0.80 per share for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for Vectren’s earnings. Vectren reported earnings per share of $0.84 in the same quarter last year, which would suggest a negative year over year growth rate of 4.8%. The firm is scheduled to issue its next earnings report on Wednesday, February 28th.

According to Zacks, analysts expect that Vectren will report full-year earnings of $2.62 per share for the current fiscal year, with EPS estimates ranging from $2.60 to $2.65. For the next year, analysts anticipate that the company will report earnings of $2.81 per share, with EPS estimates ranging from $2.80 to $2.85. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that follow Vectren.

Vectren (NYSE:VVC) last posted its earnings results on Thursday, November 2nd. The utilities provider reported $0.75 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.67 by $0.08. The firm had revenue of $691.20 million for the quarter, compared to analyst estimates of $615.00 million. Vectren had a return on equity of 12.51% and a net margin of 8.49%. The company’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.74 earnings per share.

VVC has been the topic of a number of research reports. Zacks Investment Research upgraded Vectren from a “sell” rating to a “hold” rating in a report on Tuesday, September 12th. Citigroup upped their target price on Vectren from $66.00 to $75.00 and gave the stock a “buy” rating in a report on Monday, November 20th. Finally, ValuEngine lowered Vectren from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Vectren currently has a consensus rating of “Buy” and an average price target of $70.00.

Several institutional investors have recently bought and sold shares of VVC. Bronfman E.L. Rothschild L.P. boosted its stake in shares of Vectren by 3.3% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 2,371 shares of the utilities provider’s stock valued at $139,000 after buying an additional 75 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Vectren by 12.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,993 shares of the utilities provider’s stock worth $175,000 after purchasing an additional 331 shares during the last quarter. Boothbay Fund Management LLC bought a new stake in Vectren during the third quarter worth $203,000. Bbva Compass Bancshares Inc. bought a new position in shares of Vectren in the 3rd quarter valued at $206,000. Finally, Klingenstein Fields & Co. LLC bought a new position in shares of Vectren in the 3rd quarter valued at $207,000. 63.97% of the stock is currently owned by institutional investors.

Shares of Vectren (NYSE:VVC) opened at $65.02 on Tuesday. The company has a market capitalization of $5,396.81, a PE ratio of 23.99, a PEG ratio of 4.14 and a beta of 0.83. Vectren has a twelve month low of $51.50 and a twelve month high of $69.86. The company has a quick ratio of 0.55, a current ratio of 0.70 and a debt-to-equity ratio of 0.90.

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About Vectren

Vectren Corporation (Vectren) is an energy holding company. The Company segregates its operations into groups, including the Utility Group, the Nonutility Group, and Corporate and Other. The Company’s subsidiary, Vectren Utility Holdings, Inc (Utility Holdings or VUHI), serves as the intermediate holding company for three public utilities: Indiana Gas Company, Inc (Indiana Gas), Southern Indiana Gas and Electric Company (SIGECO) and Vectren Energy Delivery of Ohio, Inc (VEDO).

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