WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. More Details
Established dividend payer with acceptable track record.
Share Price & News
How has WEC Energy Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WEC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: WEC's weekly volatility (3%) has been stable over the past year.
7 Day Return
US Integrated Utilities
1 Year Return
US Integrated Utilities
Return vs Industry: WEC underperformed the US Integrated Utilities industry which returned 4.7% over the past year.
Return vs Market: WEC underperformed the US Market which returned 53.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is WEC Energy Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs WEC Energy Group (NYSE:WEC) Using Too Much Debt?
3 weeks ago | Simply Wall StIs WEC Energy Group, Inc.'s (NYSE:WEC) 11% ROE Better Than Average?
1 month ago | Simply Wall StInsider Buying: The WEC Energy Group, Inc. (NYSE:WEC) Senior EVP & CFO Just Bought 10% More Shares
Is WEC Energy Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WEC ($94.05) is trading below our estimate of fair value ($118.12)
Significantly Below Fair Value: WEC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WEC is poor value based on its PE Ratio (24.7x) compared to the US Integrated Utilities industry average (22.8x).
PE vs Market: WEC is poor value based on its PE Ratio (24.7x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: WEC is poor value based on its PEG Ratio (4.2x)
Price to Book Ratio
PB vs Industry: WEC is overvalued based on its PB Ratio (2.8x) compared to the US Integrated Utilities industry average (2x).
How is WEC Energy Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WEC's forecast earnings growth (5.9% per year) is above the savings rate (2%).
Earnings vs Market: WEC's earnings (5.9% per year) are forecast to grow slower than the US market (18.5% per year).
High Growth Earnings: WEC's earnings are forecast to grow, but not significantly.
Revenue vs Market: WEC's revenue (3% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: WEC's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WEC's Return on Equity is forecast to be low in 3 years time (12.4%).
How has WEC Energy Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WEC has high quality earnings.
Growing Profit Margin: WEC's current net profit margins (16.6%) are higher than last year (15.1%).
Past Earnings Growth Analysis
Earnings Trend: WEC's earnings have grown by 7.8% per year over the past 5 years.
Accelerating Growth: WEC's earnings growth over the past year (5.8%) is below its 5-year average (7.8% per year).
Earnings vs Industry: WEC earnings growth over the past year (5.8%) underperformed the Integrated Utilities industry 11.8%.
Return on Equity
High ROE: WEC's Return on Equity (11.3%) is considered low.
How is WEC Energy Group's financial position?
Financial Position Analysis
Short Term Liabilities: WEC's short term assets ($2.1B) do not cover its short term liabilities ($4.1B).
Long Term Liabilities: WEC's short term assets ($2.1B) do not cover its long term liabilities ($22.2B).
Debt to Equity History and Analysis
Debt Level: WEC's debt to equity ratio (133.5%) is considered high.
Reducing Debt: WEC's debt to equity ratio has increased from 119.3% to 133.5% over the past 5 years.
Debt Coverage: WEC's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: WEC's interest payments on its debt are well covered by EBIT (3.6x coverage).
What is WEC Energy Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WEC's dividend (2.88%) is higher than the bottom 25% of dividend payers in the US market (1.26%).
High Dividend: WEC's dividend (2.88%) is low compared to the top 25% of dividend payers in the US market (3.5%).
Stability and Growth of Payments
Stable Dividend: WEC's dividends per share have been stable in the past 10 years.
Growing Dividend: WEC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (66.5%), WEC's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WEC's dividends in 3 years are forecast to be covered by earnings (67.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Joseph Fletcher (61 yo)
Mr. Joseph Kevin Fletcher has served as the been the President of WEC Energy Group Inc., since October 9, 2018 and has been its Chief Executive Officer since February 1, 2019. Mr. Fletcher has been a Direc...
CEO Compensation Analysis
Compensation vs Market: Joseph's total compensation ($USD18.14M) is above average for companies of similar size in the US market ($USD10.98M).
Compensation vs Earnings: Joseph's compensation has increased by more than 20% in the past year.
Experienced Management: WEC's management team is considered experienced (2.5 years average tenure).
Experienced Board: WEC's board of directors are considered experienced (8.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WEC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
WEC Energy Group, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: WEC Energy Group, Inc.
- Ticker: WEC
- Exchange: NYSE
- Founded: 1981
- Industry: Multi-Utilities
- Sector: Utilities
- Market Cap: US$29.320b
- Shares outstanding: 315.43m
- Website: https://www.wecenergygroup.com
Number of Employees
- WEC Energy Group, Inc.
- 231 West Michigan Street
- United States
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. The company operates through...
Company Analysis and Financial Data Status
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|Company Analysis||2021/04/13 22:13|
|End of Day Share Price||2021/04/13 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.