WEC Energy Group Future Growth

Future criteria checks 1/6

WEC Energy Group is forecast to grow earnings and revenue by 9.1% and 5% per annum respectively. EPS is expected to grow by 7.9% per annum. Return on equity is forecast to be 12.9% in 3 years.

Key information

9.1%

Earnings growth rate

7.9%

EPS growth rate

Integrated Utilities earnings growth	8.2%
Revenue growth rate	5.0%
Future return on equity	12.9%
Analyst coverage	Good
Last updated	24 Apr 2024

Recent future growth updates

Recent updates

WEC Energy Group's (NYSE:WEC) Shareholders Will Receive A Bigger Dividend Than Last Year

Jan 22

WEC Energy Group (NYSE:WEC) Hasn't Managed To Accelerate Its Returns

Jan 12

WEC Energy Is A Long Term Buy

Dec 30

WEC Energy Group: Christmas Came Early With A 7% Dividend Boost

Dec 21

Estimating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)

Dec 05

WEC Energy: Fully Valued, Buy The Dip Or The Preferred For Higher Yield

Oct 20

Investors Met With Slowing Returns on Capital At WEC Energy Group (NYSE:WEC)

Oct 09

WEC Energy Group: Well Positioned For A Recession, But The Stock Is Not Cheap

Aug 31

Calculating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)

Aug 30

WEC Energy Group (NYSE:WEC) Will Pay A Larger Dividend Than Last Year At $0.78

Aug 09

WEC Energy Group's (NYSE:WEC) Upcoming Dividend Will Be Larger Than Last Year's

Jul 24

Return Trends At WEC Energy Group (NYSE:WEC) Aren't Appealing

Jul 01

WEC Energy Group: A Core Portfolio Dividend Growth Play

Jun 27

WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year

May 08

WEC Energy Group's (NYSE:WEC) Dividend Will Be Increased To $0.78

Apr 24

Does This Valuation Of WEC Energy Group, Inc. (NYSE:WEC) Imply Investors Are Overpaying?

Apr 18

WEC Energy Group (NYSE:WEC) Ticks All The Boxes When It Comes To Earnings Growth

Mar 20

WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year

Feb 03

WEC Energy Q4 2022 Earnings Preview

Feb 01

WEC Energy Group (NYSE:WEC) Is Increasing Its Dividend To $0.78

Jan 20

WEC Energy raises quarterly dividend by 23.3% to $0.90/share

Jan 19

WEC Energy Group: An Attractive Name For The Long Term

Jan 09

Is WEC Energy Group, Inc. (NYSE:WEC) Worth US$93.8 Based On Its Intrinsic Value?

Jan 03

WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year

Dec 16

WEC Energy raises dividend by 7.2% to $0.78, introduces EPS outlook for 2023

Dec 13

Does WEC Energy Group (NYSE:WEC) Deserve A Spot On Your Watchlist?

Nov 18

WEC Energy Q3 2022 Earnings Preview

Oct 31

WEC Energy declares $0.7275 dividend

Oct 20

Is WEC Energy Group, Inc. (NYSE:WEC) Expensive For A Reason? A Look At Its Intrinsic Value

Sep 26

WEC Energy: Put This Hot Dividend Stock On Your Radar

Sep 12

Here's Why We Think WEC Energy Group (NYSE:WEC) Might Deserve Your Attention Today

Aug 15

WEC Energy Q2 2022 Earnings Preview

Aug 01

Returns On Capital At WEC Energy Group (NYSE:WEC) Have Stalled

Aug 01

WEC Energy declares $0.7275 dividend

Jul 21

WEC Energy: Seeking Safety In A Domestic Utility Stock

Jun 30

A Look At The Fair Value Of WEC Energy Group, Inc. (NYSE:WEC)

Jun 21

Earnings and Revenue Growth Forecasts

NYSE:WEC - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	10,417	1,823	N/A	3,493	10
12/31/2025	9,967	1,677	N/A	3,295	11
12/31/2024	9,594	1,549	-276	3,143	11
12/31/2023	8,893	1,332	526	3,018	N/A
9/30/2023	9,234	1,366	177	2,540	N/A
6/30/2023	9,280	1,352	-327	2,052	N/A
3/31/2023	9,577	1,350	-670	1,780	N/A
12/31/2022	9,597	1,408	-254	2,061	N/A
9/30/2022	9,241	1,380	-240	2,086	N/A
6/30/2022	8,984	1,368	298	2,569	N/A
3/31/2022	8,533	1,356	549	2,714	N/A
12/31/2021	8,316	1,300	-220	2,033	N/A
9/30/2021	8,048	1,315	5	2,253	N/A
6/30/2021	7,952	1,292	-169	2,043	N/A
3/31/2021	7,825	1,258	-313	1,901	N/A
12/31/2020	7,242	1,200	-43	2,196	N/A
9/30/2020	7,256	1,205	87	2,455	N/A
6/30/2020	7,213	1,172	-9	2,434	N/A
3/31/2020	7,254	1,166	-98	2,300	N/A
12/31/2019	7,523	1,134	85	2,346	N/A
9/30/2019	7,652	1,095	141	2,278	N/A
6/30/2019	7,688	1,094	168	2,223	N/A
3/31/2019	7,770	1,089	252	2,287	N/A
12/31/2018	7,680	1,059	330	2,446	N/A
9/30/2018	7,658	1,287	200	2,341	N/A
6/30/2018	7,672	1,269	240	2,325	N/A
3/31/2018	7,631	1,237	189	2,258	N/A
12/31/2017	7,649	1,204	119	2,079	N/A
9/30/2017	7,557	966	N/A	2,127	N/A
6/30/2017	7,612	967	N/A	2,146	N/A
3/31/2017	7,582	949	N/A	2,122	N/A
12/31/2016	7,472	939	N/A	2,104	N/A
9/30/2016	7,358	924	N/A	1,941	N/A
6/30/2016	7,344	889	N/A	1,801	N/A
3/31/2016	6,733	789	N/A	1,660	N/A
12/31/2015	5,926	639	N/A	1,294	N/A
9/30/2015	5,303	581	N/A	1,239	N/A
6/30/2015	4,638	524	N/A	1,194	N/A
3/31/2015	4,690	577	N/A	1,144	N/A
12/31/2014	4,997	588	N/A	1,199	N/A
9/30/2014	4,950	611	N/A	1,215	N/A
6/30/2014	4,970	622	N/A	1,271	N/A
3/31/2014	4,939	608	N/A	1,286	N/A
12/31/2013	4,519	577	N/A	1,232	N/A
9/30/2013	4,412	532	N/A	1,232	N/A
6/30/2013	4,398	551	N/A	1,247	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WEC's forecast earnings growth (9.1% per year) is above the savings rate (2.3%).

Earnings vs Market: WEC's earnings (9.1% per year) are forecast to grow slower than the US market (14.7% per year).

High Growth Earnings: WEC's earnings are forecast to grow, but not significantly.

Revenue vs Market: WEC's revenue (5% per year) is forecast to grow slower than the US market (8.1% per year).

High Growth Revenue: WEC's revenue (5% 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 (12.9%).

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WEC Energy Group Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Wec Energy Group, Inc. Reaffirms Earnings Guidance for 2023

Price target decreased to US$96.85

WEC Energy Group, Inc. Provides Earnings Guidance for the Full Year 2022

Recent updates

Fourth quarter dividend of US$0.83 announced

WEC Energy Group, Inc. to Report Q2, 2024 Results on Jul 31, 2024

WEC Energy Group, Inc. Declares Quarterly Dividend, Payable on June 1, 2024

Now 20% undervalued after recent price drop

WEC Energy: A Standout Utility Company With Strong Dividend Growth And Yield

WEC Energy Group, Inc., Annual General Meeting, May 09, 2024

Calculating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)

Now 21% undervalued after recent price drop

WEC Energy Hasn't Been This Attractive In 10 Years - Time To Load Up

Now 21% undervalued after recent price drop

Subdued Growth No Barrier To WEC Energy Group, Inc.'s (NYSE:WEC) Price

WEC Energy Group: A High-Quality Dividend Compounder To Buy Now

Upcoming dividend of US$0.83 per share at 4.3% yield

Full year 2023 earnings: EPS and revenues miss analyst expectations

WEC Energy Group's (NYSE:WEC) Shareholders Will Receive A Bigger Dividend Than Last Year

WEC Energy Group, Inc. to Report Q1, 2024 Results on May 01, 2024

WEC Energy Group, Inc. to Report Q4, 2023 Results on Feb 01, 2024

WEC Energy Group, Inc. Declares Quarterly Cash Dividend, Payable on March 1, 2024

WEC Energy Group (NYSE:WEC) Hasn't Managed To Accelerate Its Returns

WEC Energy Is A Long Term Buy

WEC Energy Group, Inc. Plans to Increase Dividend in the First Quarter of 2024, Payable March 1, 2024

WEC Energy Group: Christmas Came Early With A 7% Dividend Boost

Estimating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)

Upcoming dividend of US$0.78 per share at 3.7% yield

Wec Energy Group, Inc. Reaffirms Earnings Guidance for 2023

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

WEC Energy Group Declares Quarterly Dividend, Payable on December 1, 2023

WEC Energy: Fully Valued, Buy The Dip Or The Preferred For Higher Yield

Investors Met With Slowing Returns on Capital At WEC Energy Group (NYSE:WEC)

WEC Energy Group: Well Positioned For A Recession, But The Stock Is Not Cheap

Calculating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)

WEC Energy Group (NYSE:WEC) Will Pay A Larger Dividend Than Last Year At $0.78

Upcoming dividend of US$0.78 per share at 3.5% yield

WEC Energy Group, Inc. to Report Q3, 2023 Results on Oct 31, 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

WEC Energy Group's (NYSE:WEC) Upcoming Dividend Will Be Larger Than Last Year's

Return Trends At WEC Energy Group (NYSE:WEC) Aren't Appealing

WEC Energy Group: A Core Portfolio Dividend Growth Play

Independent Director recently sold US$142k worth of stock

WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year

Upcoming dividend of US$0.78 per share at 3.3% yield

First quarter 2023 earnings: EPS exceeds analyst expectations

WEC Energy Group's (NYSE:WEC) Dividend Will Be Increased To $0.78

Does This Valuation Of WEC Energy Group, Inc. (NYSE:WEC) Imply Investors Are Overpaying?

WEC Energy Group (NYSE:WEC) Ticks All The Boxes When It Comes To Earnings Growth

WEC Energy Group, Inc. to Report Q1, 2023 Results on May 01, 2023

Upcoming dividend of US$0.78 per share at 3.3% yield

Full year 2022 earnings: EPS and revenues exceed analyst expectations

WEC Energy Group Announces Project to Demonstrate Long-Duration Organic Flow Battery Storage

WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year

WEC Energy Q4 2022 Earnings Preview

WEC Energy Group, Inc. (NYSE:WEC) agreed to acquire 80% stake in Samson I Solar Energy Center for approximately $250 million.

WEC Energy Group, Inc. to Report Q4, 2022 Results on Feb 02, 2023

WEC Energy Group (NYSE:WEC) Is Increasing Its Dividend To $0.78

WEC Energy raises quarterly dividend by 23.3% to $0.90/share

WEC Energy Group: An Attractive Name For The Long Term

Is WEC Energy Group, Inc. (NYSE:WEC) Worth US$93.8 Based On Its Intrinsic Value?

WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year

WEC Energy Group, Inc. announced that it has received $200 million in funding from Apollo Global Management, Inc.

WEC Energy Group, Inc. Announces First Quarter Dividend 2023, Payable March 1, 2023

WEC Energy raises dividend by 7.2% to $0.78, introduces EPS outlook for 2023

WEC Energy Group, Inc. Announces the Appointment of Ave M. Bie to the Company’s Board of Directors, Effective January 1, 2023

Independent Director notifies of intention to sell stock

Independent Director recently sold US$93k worth of stock

President exercised options and sold US$281k worth of stock

Does WEC Energy Group (NYSE:WEC) Deserve A Spot On Your Watchlist?

Independent Director recently bought US$91k worth of stock

Independent Director recently bought US$91k worth of stock

Upcoming dividend of US$0.73 per share

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

WEC Energy Group, EPRI Completes First-Of-Its-Kind Hydrogen Power Test

WEC Energy Group, Inc. (NYSE:WEC) agreed to acquire Maple Flats Solar Energy Center of Invenergy for approximately $360 million.