WEC Energy Group (NYSE:WEC) Issues FY 2026 Earnings Guidance

WEC Energy Group (NYSE:WECGet Free Report) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 5.510-5.610 for the period, compared to the consensus earnings per share estimate of 5.590. The company issued revenue guidance of -.

WEC Energy Group Stock Performance

Shares of NYSE:WEC opened at $113.86 on Wednesday. WEC Energy Group has a 12-month low of $102.95 and a 12-month high of $119.91. The company’s 50 day moving average price is $113.96 and its two-hundred day moving average price is $113.66. The firm has a market cap of $37.09 billion, a PE ratio of 22.73, a PEG ratio of 1.97 and a beta of 0.47. The company has a quick ratio of 0.54, a current ratio of 0.68 and a debt-to-equity ratio of 1.36.

WEC Energy Group (NYSE:WECGet Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. WEC Energy Group had a return on equity of 12.72% and a net margin of 16.25%.The firm had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.11 billion. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. Equities research analysts predict that WEC Energy Group will post 5.59 earnings per share for the current year.

WEC Energy Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be paid a $0.9525 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $3.81 annualized dividend and a dividend yield of 3.3%. WEC Energy Group’s dividend payout ratio is currently 76.05%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on WEC shares. Wall Street Zen lowered WEC Energy Group from a “hold” rating to a “sell” rating in a research report on Sunday, May 24th. Truist Financial raised their price objective on shares of WEC Energy Group from $119.00 to $122.00 and gave the company a “hold” rating in a research note on Thursday, July 16th. BMO Capital Markets lowered their price objective on WEC Energy Group from $120.00 to $117.00 and set a “market perform” rating for the company in a research note on Wednesday, July 22nd. Barclays increased their price target on WEC Energy Group from $111.00 to $117.00 and gave the company an “equal weight” rating in a research report on Monday, April 20th. Finally, KeyCorp dropped their price target on shares of WEC Energy Group from $126.00 to $117.00 and set an “overweight” rating on the stock in a research report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, WEC Energy Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $123.20.

Read Our Latest Stock Report on WEC Energy Group

Insider Buying and Selling

In other news, EVP Daniel Krueger sold 4,665 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $110.96, for a total transaction of $517,628.40. Following the sale, the executive vice president directly owned 7,346 shares in the company, valued at $815,112.16. This represents a 38.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.46% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On WEC Energy Group

A number of institutional investors have recently made changes to their positions in WEC. Osterweis Capital Management Inc. bought a new position in WEC Energy Group during the 2nd quarter worth approximately $27,000. DV Equities LLC purchased a new stake in WEC Energy Group in the fourth quarter worth about $48,000. Litman Gregory Wealth Management LLC purchased a new position in shares of WEC Energy Group in the 4th quarter valued at approximately $49,000. Birchwood Financial Partners Inc. bought a new position in WEC Energy Group in the fourth quarter worth $49,000. Finally, Loomis Sayles & Co. L P grew its holdings in WEC Energy Group by 17.0% in the fourth quarter. Loomis Sayles & Co. L P now owns 770 shares of the utilities provider’s stock worth $81,000 after purchasing an additional 112 shares during the period. Hedge funds and other institutional investors own 77.20% of the company’s stock.

WEC Energy Group Company Profile

(Get Free Report)

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.

Read More

Earnings History and Estimates for WEC Energy Group (NYSE:WEC)

Receive News & Ratings for WEC Energy Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WEC Energy Group and related companies with MarketBeat.com's FREE daily email newsletter.