WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and nonregulated renewable energy services in the United States.
Established dividend payer with proven 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 has not had significant price volatility in the past 3 months.
7 Day Return
US Integrated Utilities
1 Year Return
US Integrated Utilities
Return vs Industry: WEC exceeded the US Integrated Utilities industry which returned 18.3% over the past year.
Return vs Market: WEC exceeded the US Market which returned 20.3% over the past year.
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 StI Built A List Of Growing Companies And WEC Energy Group (NYSE:WEC) Made The Cut
2 weeks ago | Simply Wall StIs WEC Energy Group, Inc.'s (NYSE:WEC) 11% ROE Strong Compared To Its Industry?
1 month ago | Simply Wall StIs WEC Energy Group, Inc. (NYSE:WEC) Investing Effectively In Its Business?
Is WEC Energy Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: WEC ($102.41) is trading above our estimate of fair value ($62.62)
Significantly Below Fair Value: WEC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WEC is poor value based on its PE Ratio (28.5x) compared to the Integrated Utilities industry average (21.7x).
PE vs Market: WEC is poor value based on its PE Ratio (28.5x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: WEC is poor value based on its PEG Ratio (4.8x)
Price to Book Ratio
PB vs Industry: WEC is overvalued based on its PB Ratio (3.2x) compared to the US Integrated Utilities industry average (2.3x).
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 (6% per year) is above the savings rate (1.7%).
Earnings vs Market: WEC's earnings (6% per year) are forecast to grow slower than the US market (14.2% per year).
High Growth Earnings: WEC's earnings are forecast to grow, but not significantly.
Revenue vs Market: WEC's revenue (2.7% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: WEC's revenue (2.7% 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%).
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 (15.1%) are higher than last year (13.8%).
Past Earnings Growth Analysis
Earnings Trend: WEC's earnings have grown by 14.5% per year over the past 5 years.
Accelerating Growth: WEC's earnings growth over the past year (7.1%) is below its 5-year average (14.5% per year).
Earnings vs Industry: WEC earnings growth over the past year (7.1%) exceeded the Integrated Utilities industry 3.5%.
Return on Equity
High ROE: WEC's Return on Equity (11.1%) is considered low.
Return on Assets
Return on Capital Employed
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 ($3.2B).
Long Term Liabilities: WEC's short term assets ($2.1B) do not cover its long term liabilities ($21.5B).
Debt to Equity History and Analysis
Debt Level: WEC's debt to equity ratio (123.3%) is considered high.
Reducing Debt: WEC's debt to equity ratio has increased from 117.1% to 123.3% over the past 5 years.
Debt Coverage: WEC's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: WEC's interest payments on its debt are well covered by EBIT (3x coverage).
Inventory Level: WEC has a high level of physical assets or inventory.
Debt Coverage by Assets: WEC's debt is not covered by short term assets (assets are 0.2x debt).
What is WEC Energy Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WEC's dividend (2.47%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: WEC's dividend (2.47%) is low compared to the top 25% of dividend payers in the US market (3.73%).
Stability and Growth of Payments
Stable Dividend: WEC's dividends per share have been stable in the past 10 years.
Growing Dividend: WEC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.6%), WEC's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WEC's dividends in 3 years are forecast to be covered by earnings (67.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Joseph Fletcher (60yo)
Mr. Joseph Kevin Fletcher has served as the been the President of WEC Energy Group Inc., since October 9, 2018 and has been its Chief Executive Officer since February 1, 2019. Mr. Fletcher has been a Direc ...
CEO Compensation Analysis
Compensation vs Market: Joseph's total compensation ($USD2.72M) is below average for companies of similar size in the US market ($USD10.78M).
Compensation vs Earnings: Joseph's compensation has been consistent with company performance over the past year.
|Executive Chairman||16.1yrs||US$9.86m||0.068% $21.9m|
|Senior EVP & CFO||3.8yrs||US$2.71m||0.0069% $2.2m|
|Executive VP||2.1yrs||US$2.11m||0.0018% $578.2k|
|Senior Executive Vice President||16.3yrs||US$3.98m||0.016% $5.2m|
|VP, Controller & Principal Accounting Officer||0yrs||no data||0.0024% $785.0k|
|Director of Legal Services||4.7yrs||no data||no data|
|Chief Information Officer & VP||0yrs||no data||no data|
|Senior Vice President of Corporate Communications & Investor Relations||0yrs||no data||0.00064% $206.7k|
|Senior VP of Human Resources & Organizational Effectiveness and Compliance Officer||1.9yrs||no data||no data|
Experienced Management: WEC's management team is considered experienced (2.1 years average tenure).
|Executive Chairman||16.1yrs||US$9.86m||0.068% $21.9m|
|Independent Director||4.7yrs||US$235.00k||0.0018% $584.7k|
|Independent Director||7.1yrs||US$235.00k||0.0063% $2.0m|
|Independent Director||15.7yrs||US$271.69k||0.00054% $174.4k|
|Independent Director||17.1yrs||US$250.90k||0.0078% $2.5m|
|Presiding Independent Director||0yrs||US$270.61k||0.0064% $2.1m|
|Independent Director||8.1yrs||US$235.00k||0.0013% $423.2k|
|Independent Director||14.6yrs||US$276.95k||0.014% $4.4m|
Experienced Board: WEC's board of directors are seasoned and experienced ( 13.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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: 1896
- Industry: Multi-Utilities
- Sector: Utilities
- Market Cap: US$32.304b
- Shares outstanding: 315.43m
- Website: https://www.wecenergygroup.com
Number of Employees
- WEC Energy Group, Inc.
- 231 West Michigan Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WEC||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1968|
|WIC||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1968|
|0LSL||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jan 1968|
|W1EC34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 2 REPR 1 SHS UNSPON||BR||BRL||Jan 2020|
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and nonregulated renewable energy services in the United States. The company operates through six segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. It generates and distributes electricity from coal, natural gas, oil, hydroelectric, wind, and biomass sources; provides electricity transmission services; offers retail natural gas distribution services; transports customer-owned natural gas; and generates, distributes, and sells steam. The company offers electricity to approximately 1.6 million residential, small and large commercial and industrial, and other customers; and natural gas to 2.8 million residential, and commercial and industrial customers. As of December 31, 2018, it operated approximately 36,800 miles of overhead distribution lines and 33,300 miles of underground distribution cable, as well as approximately 500 distribution substations and 500,450 line transformers; and approximately 48,900 miles of natural gas distribution mains, as well as 1,100 miles of natural gas transmission mains. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1896 and is headquartered in Milwaukee, Wisconsin.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 01:05|
|End of Day Share Price||2020/02/19 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.