28-Mar-2024
WEC Energy Group Adjusts Q1 Earnings Forecast
TipRanks (Tue, 26-Mar 6:13 AM ET)
Hooper named President of We Energies and Wisconsin Public Service
PRNewswire (Tue, 12-Mar 8:30 AM ET)
WEC Energy Group posts 2023 results
PRNewswire (Thu, 1-Feb 7:00 AM ET)
WEC Energy Group to announce 2023 fourth-quarter and year-end financial results Feb. 1
PRNewswire (Thu, 25-Jan 12:00 PM ET)
PRNewswire (Wed, 24-Jan 8:00 AM ET)
Wisconsin Electric declares quarterly dividends
PRNewswire (Thu, 18-Jan 3:30 PM ET)
WEC Energy Group raises quarterly dividend by 7 percent
PRNewswire (Thu, 18-Jan 2:58 PM ET)
WEC Energy Group Commences Capped Tender Offer for 2007 Series A Junior Subordinated Notes due 2067
PRNewswire (Tue, 9-Jan 4:30 PM ET)
WEC Energy Group's electric and gas utility businesses serve electric and gas customers in Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 48% electric generation and distribution, 36% gas distribution, 10% electric transmission, and 6% unregulated renewable energy.
Wec Energy Group trades on the NYSE stock market under the symbol WEC.
As of March 28, 2024, WEC stock price climbed to $82.12 with 2,474,075 million shares trading.
WEC has a beta of 0.14, meaning it tends to be less sensitive to market movements. WEC has a correlation of 0.01 to the broad based SPY ETF.
WEC has a market cap of $25.90 billion. This is considered a Large Cap stock.
Last quarter Wec Energy Group reported $2 billion in Revenue and $1.10 earnings per share. This fell short of revenue expectation by $-752 million and exceeded earnings estimates by $.02.
In the last 3 years, WEC stock traded as high as $108.39 and as low as $75.13.
The top ETF exchange traded funds that WEC belongs to (by Net Assets): VTI, VOO, VO, SDY, XLU.
WEC has underperformed the market in the last year with a price return of -8.1% while the SPY ETF gained +33.6%. WEC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.6% and +1.7%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
WEC support price is $80.12 and resistance is $82.24 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WEC stock will trade within this expected range on the day.