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

WEC Energy Group (NYSE:WEC) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 5.170-5.270 for the period, compared to the consensus estimate of 5.230. The company issued revenue guidance of -.

WEC Energy Group Price Performance

Shares of WEC Energy Group stock opened at $97.71 on Friday. The business’s 50-day moving average price is $97.63 and its 200-day moving average price is $89.80. The firm has a market capitalization of $30.91 billion, a PE ratio of 23.89, a price-to-earnings-growth ratio of 2.67 and a beta of 0.46. WEC Energy Group has a 12 month low of $75.13 and a 12 month high of $102.79. The company has a current ratio of 0.65, a quick ratio of 0.46 and a debt-to-equity ratio of 1.37.

WEC Energy Group (NYSE:WEC) last posted its quarterly earnings results on Thursday, October 31st. The utilities provider reported $0.82 EPS for the quarter, topping the consensus estimate of $0.70 by $0.12. WEC Energy Group had a net margin of 15.14% and a return on equity of 11.72%. The firm had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.93 billion. During the same period last year, the firm posted $1.00 earnings per share. The business’s revenue was down 4.8% compared to the same quarter last year. Sell-side analysts forecast that WEC Energy Group will post 4.87 EPS for the current fiscal year.

WEC Energy Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Thursday, December 5th were issued a $0.8925 dividend. This represents a $3.57 annualized dividend and a dividend yield of 3.65%. This is an increase from WEC Energy Group’s previous quarterly dividend of $0.84. WEC Energy Group’s payout ratio is currently 81.66%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on WEC shares. StockNews.com upgraded WEC Energy Group from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Bank of America lifted their price objective on WEC Energy Group from $88.00 to $90.00 and gave the stock an “underperform” rating in a research report on Thursday, August 29th. KeyCorp raised their price target on WEC Energy Group from $108.00 to $109.00 and gave the stock an “overweight” rating in a research note on Wednesday. Scotiabank lifted their price target on shares of WEC Energy Group from $90.00 to $103.00 and gave the company a “sector outperform” rating in a report on Tuesday, August 20th. Finally, Barclays upped their price objective on shares of WEC Energy Group from $86.00 to $89.00 and gave the stock an “underweight” rating in a report on Monday, October 7th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $95.55.

Insiders Place Their Bets

In other WEC Energy Group news, Director Gale E. Klappa sold 40,269 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $99.56, for a total transaction of $4,009,181.64. Following the completion of the transaction, the director now owns 273,248 shares in the company, valued at $27,204,570.88. This trade represents a 12.84 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Scott J. Lauber sold 6,720 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $100.89, for a total value of $677,980.80. Following the transaction, the chief executive officer now owns 45,709 shares of the company’s stock, valued at $4,611,581.01. This represents a 12.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 48,794 shares of company stock worth $4,866,579. Company insiders own 0.34% of the company’s stock.

WEC Energy Group Company Profile

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.