WEC Energy Group (NYSE:WEC) Releases FY 2025 Earnings Guidance

WEC Energy Group (NYSE:WEC) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 5.170-5.270 for the period, compared to the consensus estimate of 5.240. The company issued revenue guidance of -.

WEC Energy Group Stock Performance

Shares of NYSE WEC opened at $105.44 on Tuesday. The company has a market capitalization of $34.30 billion, a PE ratio of 19.93, a price-to-earnings-growth ratio of 2.52 and a beta of 0.58. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.33 and a current ratio of 0.50. The company’s fifty day moving average price is $108.56 and its 200 day moving average price is $109.14. WEC Energy Group has a 1 year low of $91.94 and a 1 year high of $118.18.

WEC Energy Group (NYSE:WEC) last issued its quarterly earnings data on Tuesday, September 2nd. The utilities provider reported $1.43 earnings per share for the quarter. WEC Energy Group had a net margin of 17.75% and a return on equity of 12.60%. The business had revenue of $2.28 billion during the quarter. On average, research analysts predict that WEC Energy Group will post 5.23 earnings per share for the current year.

WEC Energy Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Stockholders of record on Friday, February 13th will be given a $0.9525 dividend. This represents a $3.81 dividend on an annualized basis and a dividend yield of 3.6%. This is a boost from WEC Energy Group’s previous quarterly dividend of $0.89. The ex-dividend date is Friday, February 13th. WEC Energy Group’s dividend payout ratio (DPR) is presently 72.02%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WEC. LADENBURG THALM/SH SH upgraded WEC Energy Group from a “neutral” rating to a “buy” rating in a research report on Monday, October 13th. Scotiabank upped their price objective on shares of WEC Energy Group from $129.00 to $130.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. UBS Group set a $116.00 price objective on shares of WEC Energy Group in a report on Wednesday, December 31st. Barclays dropped their target price on shares of WEC Energy Group from $110.00 to $105.00 and set an “underweight” rating on the stock in a research report on Tuesday, December 16th. Finally, Citigroup started coverage on shares of WEC Energy Group in a research note on Friday, October 3rd. They set a “buy” rating and a $131.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $120.64.

Institutional Investors Weigh In On WEC Energy Group

A number of hedge funds have recently modified their holdings of the business. Moors & Cabot Inc. lifted its stake in shares of WEC Energy Group by 1.7% in the third quarter. Moors & Cabot Inc. now owns 5,511 shares of the utilities provider’s stock worth $632,000 after buying an additional 93 shares in the last quarter. State of Wyoming raised its holdings in WEC Energy Group by 5.7% in the 2nd quarter. State of Wyoming now owns 1,762 shares of the utilities provider’s stock valued at $184,000 after acquiring an additional 95 shares during the last quarter. Keystone Financial Group lifted its stake in WEC Energy Group by 4.0% in the 3rd quarter. Keystone Financial Group now owns 3,168 shares of the utilities provider’s stock worth $363,000 after purchasing an additional 123 shares in the last quarter. Zacks Investment Management lifted its stake in WEC Energy Group by 3.9% in the 3rd quarter. Zacks Investment Management now owns 3,267 shares of the utilities provider’s stock worth $374,000 after purchasing an additional 124 shares in the last quarter. Finally, Financial Advisors Network Inc. boosted its holdings in shares of WEC Energy Group by 3.0% during the 2nd quarter. Financial Advisors Network Inc. now owns 4,688 shares of the utilities provider’s stock worth $488,000 after purchasing an additional 136 shares during the last quarter. 77.20% of the stock is currently owned by institutional investors and hedge funds.

About WEC Energy Group

WEC Energy Group is a Milwaukee, Wisconsin–based regulated energy holding company whose primary businesses are the generation, transmission and distribution of electricity and the distribution of natural gas. The company operates through a set of utility subsidiaries that provide bundled energy service, customer billing and energy-related programs to residential, commercial and industrial customers. As a regulated utility group, WEC’s operations focus on delivering reliable service while managing infrastructure investment and compliance with state and federal utility regulation.

Its utility subsidiaries include well-known regional operators such as We Energies and Wisconsin Public Service, along with Chicago-area natural gas utilities that were part of the Integrys Energy Group acquisition.