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WEC Energy Group Inc Stock Research

WEC

78.24USD+1.21(+1.57%)Market Closed
Watchlist

Market Summary

USD78.24+1.21
Market Closed
1.57%

WEC Alerts

  • Big fall in Revenue (Y/Y)

WEC Stock Price

WEC RSI Chart

WEC Valuation

Market Cap

24.3B

Price/Earnings (Trailing)

28.8

Price/Sales (Trailing)

2.62

EV/EBITDA

11.65

Price/Free Cashflow

-88.33

WEC Price/Sales (Trailing)

WEC Profitability

EBT Margin

16.91%

Return on Equity

11.25%

Return on Assets

3.15%

Free Cashflow Yield

-1.13%

WEC Fundamentals

WEC Revenue

Revenue (TTM)

9.3B

Revenue Y/Y

-14%

Revenue Q/Q

-36.64%

WEC Earnings

Earnings (TTM)

843.7M

Earnings Y/Y

0.76%

Earnings Q/Q

145.1K%

Price Action

52 Week Range

75.47101.11
(Low)(High)

Last 7 days

-9.1%

Last 30 days

-7.3%

Last 90 days

-13.8%

Trailing 12 Months

-12.5%

WEC Financial Health

Current Ratio

0.75

Debt/Equity

1.32

Debt/Cashflow

0.11

WEC Investor Care

Dividend Yield

3.91%

Dividend/Share (TTM)

3.02

Shares Dilution (1Y)

0.01%

Diluted EPS (TTM)

4.45

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for WEC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-07-03
Lauber Scott J
sold (taxes)
-5,669
88.59
-64.00
president and ceo
2023-06-01
Liu Xia
sold (taxes)
-94,063
86.615
-1,086
evp and cfo
2023-05-09
PAYNE ULICE JR
sold
-141,534
94.356
-1,500
-
2023-01-04
Guc William J
sold (taxes)
-4,834
94.79
-51.00
vice president & controller
2023-01-04
Lauber Scott J
sold (taxes)
-32,892
94.79
-347
president and ceo
2023-01-04
Straka Mary Beth
sold (taxes)
-4,549
94.79
-48.00
sr. vp-corp comm & inv rel
2023-01-04
Mulroy Molly A
sold (taxes)
-5,023
94.79
-53.00
evp & chief admin officer
2023-01-04
Liu Xia
sold (taxes)
-30,522
94.79
-322
evp and cfo
2023-01-04
Mastoris William
sold (taxes)
-3,222
94.79
-34.00
evp-cust. svc. and operations
2023-01-04
KELSEY MARGARET C
sold (taxes)
-17,346
94.79
-183
executive vp & general counsel

1–10 of 50

Which funds bought or sold WEC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-10-02
PARK NATIONAL CORP /OH/
reduced
-3.84
-42,992
308,909
0.01%
2023-09-26
DecisionPoint Financial, LLC
unchanged
-
-164
2,206
-%
2023-09-26
BROOKFIELD Corp /ON/
added
7,374
29,909,600
30,345,700
0.12%
2023-09-21
Jefferies Group LLC
new
-
333,574
333,574
-%
2023-09-21
Baystate Wealth Management LLC
added
1.54
-379
5,859
-%
2023-09-20
BARCLAYS PLC
added
69.87
18,493,000
50,307,000
0.03%
2023-09-13
CGC Financial Services, LLC
new
-
10,589
10,589
0.01%
2023-09-12
Farther Finance Advisors, LLC
reduced
-16.68
-43,223
149,390
0.03%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
unchanged
-
-478
6,442
-%
2023-09-07
ST GERMAIN D J CO INC
new
-
138,802
138,802
0.01%

1–10 of 48

Latest Funds Activity

Are funds buying WEC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own WEC
No. of Funds

Schedule 13G FIlings of WEC Energy Group

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
13.34%
42,077,122
SC 13G/A
Feb 07, 2023
blackrock inc.
9.5%
29,967,088
SC 13G/A
Feb 07, 2023
state street corp
6.00%
18,930,010
SC 13G/A
Feb 14, 2022
state street corp
5.47%
17,239,190
SC 13G/A
Feb 11, 2022
magellan asset management ltd
4.81%
15,185,727
SC 13G
Feb 09, 2022
vanguard group inc
12.34%
38,931,251
SC 13G/A
Jan 10, 2022
blackrock inc.
10.5%
33,040,366
SC 13G/A
Feb 11, 2021
state street corp
5.23%
16,488,526
SC 13G
Feb 10, 2021
vanguard group inc
12.28%
38,730,468
SC 13G/A
Feb 10, 2021
magellan asset management ltd
7.14%
22,508,662
SC 13G

Recent SEC filings of WEC Energy Group

View All Filings
Date Filed Form Type Document
Sep 12, 2023
8-K
Current Report
Sep 06, 2023
424B2
Prospectus Filed
Sep 05, 2023
FWP
Prospectus Filed
Sep 05, 2023
424B5
Prospectus Filed
Sep 01, 2023
8-K
Current Report
Aug 09, 2023
8-K
Current Report
Aug 03, 2023
10-Q
Quarterly Report
Aug 01, 2023
8-K
Current Report
Jul 12, 2023
4
Insider Trading
Jul 12, 2023
4
Insider Trading

WEC Fair Value

Loading...

Peers (Alternatives to WEC Energy Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
28.2B
15.5B
-7.62% -3.98%
11.48
1.82
7.17% 56.52%
27.2B
11.6B
-9.60% -2.74%
9.78
2.35
23.95% 380.81%
24.3B
9.3B
-7.32% -12.49%
28.8
2.62
3.28% 5.19%
18.7B
8.2B
-9.33% -10.42%
16.67
2.29
17.43% 10.55%
14.8B
8.1B
-8.70% -11.75%
19.99
1.81
1.11% -44.47%
9.6B
5.9B
-12.73% -7.12%
13.64
1.64
7.85% -2.88%
MID-CAP
4.6B
9.5B
-13.10% -32.08%
-3.32
0.49
-1.58% -202.58%
3.2B
2.6B
-12.44% -28.57%
13.19
1.23
15.42% -7.80%
2.9B
1.5B
-5.58% -4.43%
16.64
1.94
8.24% 0.19%
2.4B
1.7B
-6.86% -15.17%
16.46
1.36
9.61% -2.55%
1.9B
641.5M
-10.71% 1.95%
20.98
2.89
10.61% 68.66%
SMALL-CAP
680.8M
595.3M
-13.65% -8.21%
15.72
1.14
12.45% 5.87%
374.8M
361.4M
-4.95% 57.18%
5.77
1.04
16.69% -15.66%
1.1M
167.5M
-12.84% -16.38%
0.03
0.01
11.84% -6.17%

WEC Energy Group News

MarketWatch
WEC Energy Group Inc. stock rises Tuesday, outperforms market.
MarketWatch,
115 minutes ago
Best Stocks

Returns for WEC

Cumulative Returns on WEC

10%


10-Year Cumulative Returns

6.9%


7-Year Cumulative Returns

5.6%


5-Year Cumulative Returns

-5.3%


3-Year Cumulative Returns

Risks for WEC

What is the probability of a big loss on WEC?

51.9%


Probability that WEC Energy Group stock will be more than 20% underwater in next one year

0%


Probability that WEC Energy Group stock will be more than 30% underwater in next one year.

0%


Probability that WEC Energy Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does WEC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if WEC Energy Group was unfortunately bought at previous high price.

Drawdowns

Financials for WEC Energy Group

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-3.1%9,2809,5779,5979,2418,9848,5338,3168,0487,9527,8257,2427,2567,2137,2547,5237,6527,6887,7707,6807,6587,672
EBITDA-100.0%-3,3393,3703,2573,2043,1693,0443,0553,0072,9542,8992,8962,8202,7622,6882,6012,5712,5632,5212,6352,710
EBITDA Margin-100.0%-0.35*0.35*0.35*0.36*0.37*0.37*0.38*0.38*0.38*0.40*0.40*0.39*0.38*0.36*0.34*0.33*0.33*0.33*0.34*0.35*
Interest Expenses10.3%629570515479469469471475479484494503507507502492478463445433424
Earnings Before Taxes-0.8%1,6071,6191,7331,6661,6301,6091,4991,5311,5061,4721,4291,4301,3621,3171,2601,2011,2061,2371,2301,3691,464
EBT Margin-100.0%-0.17*0.18*0.18*0.18*0.19*0.18*0.19*0.19*0.19*0.20*0.20*0.19*0.18*0.17*0.16*0.16*0.16*0.16*0.18*0.19*
Net Income0.3%8448421,4108158025141,2995275055065065114787141,1341,0951,0941,0891,0591,2871,269
Net Income Margin-100.0%-0.14*0.15*0.09*0.15*0.16*0.16*0.16*0.16*0.16*0.17*0.17*0.16*0.16*0.15*0.14*0.11*0.08*0.08*0.11*0.14*
Free Cashflow100.0%--642--182374660-13782.00-79.53-22338.00296176102-92.60-160-133-49.1028.00200240
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets0.5%43,01942,79641,87240,76139,60738,97538,98938,40137,79537,60137,02835,42235,04234,83234,95234,37733,93433,73733,47632,56231,938
  Current Assets-13.4%2,4582,8393,1882,7712,6432,5632,6572,4092,2782,3562,0831,7271,7131,8452,0941,7731,8392,0082,2481,8401,810
    Cash Equivalents53.2%55.0036.0029.0029.0010512088.0010910090.0025.0061.0062.0066.0082.0067.0091.0089.0014615.0030.00
  Net PPE2.1%31,01030,37929,11428,57527,62627,11026,98226,62326,26625,99425,70724,55224,17223,79723,62023,03522,53622,19322,00121,66421,078
  Goodwill0%3,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,0533,053
  Current Liabilities8.8%4,0973,7664,6113,3703,8183,2643,7533,6933,3743,7154,1482,8403,4852,8483,1832,8183,3622,8903,3323,6033,053
  Short Term Borrowings-13.6%1,0901,2611,6471,2601,6291,4501,8971,5091,4251,5801,7777711,212827831------
  Long Term Debt-1.4%15,60815,82714,76614,91113,52313,51413,52412,67812,69612,31811,72811,65310,72211,19511,211---9,994--
    LT Debt, Current---809---91.00---778----------
    LT Debt, Non Current---14,656---13,472---11,673----10,8979,92110,3279,9949,1199,209
Shareholder's Equity0.4%12,03111,98811,61711,59611,49111,44511,11311,10711,03010,96810,66310,55910,49310,48510,25510,18610,14810,1129,8439,8439,756
  Retained Earnings0.6%7,5707,5277,2657,2427,1707,1116,7756,7656,6886,6266,3306,2906,2236,1815,9285,8705,8225,7725,5385,5085,449
  Additional Paid-In Capital0.0%4,1154,1144,1154,1144,1214,1324,1384,1444,1444,1444,1444,1644,1654,1674,1874,1854,1984,2134,2504,2624,271
Accumulated Depreciation1.8%10,71710,53210,38410,34910,18310,0419,8899,7999,6259,4819,3659,3099,1589,0428,8798,8088,7058,5898,5168,5898,512
Shares Outstanding0%315315315315315315315315315315315315315315315315315316316316316
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations15.3%2,0521,7802,0612,0862,5692,7142,0332,2532,0431,9012,1962,4552,4342,3002,3462,2782,2232,2872,4462,3412,325
Cashflow From Investing-6.6%-3,806-3,572-2,642-2,609-2,174-2,108-2,311-2,932-2,875-2,885-2,806-2,323-2,434-2,351-2,494-2,398-2,454-2,555-2,384-2,408-2,214
Cashflow From Financing-0.6%1,7891,801676530-389-5752947278701,008601-136-27.5028.0086.0014726928526.0069.00-116
  Dividend Payments1.8%951934918902886871855841827812798785771758745733721709697687677
  Buy Backs-42.5%30.0053.0069.0086.0070.0050.0033.0058.0060.0065.0099.0059.0084.0011014016915912772.0053.0051.00

WEC Income Statement

2023-06-30
CONDENSED CONSOLIDATED INCOME STATEMENTS - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Operating revenues$ 1,830.0$ 2,127.9$ 4,718.1$ 5,036.0
Operating expenses    
Cost of sales533.0935.01,842.72,318.4
Other operation and maintenance496.0449.01,030.0903.4
Depreciation and amortization313.9279.6619.4557.7
Property and revenue taxes61.856.1131.4116.9
Total operating expenses1,404.71,719.73,623.53,896.4
Operating income425.3408.21,094.61,139.6
Equity in earnings of transmission affiliates43.643.087.484.7
Other income, net48.319.889.159.4
Interest expense178.7119.8350.9237.4
Other expense(86.8)(57.0)(174.4)(93.3)
Income before income taxes338.5351.2920.21,046.3
Income tax expense48.563.4122.6190.5
Net income290.0287.8797.6855.8
Preferred stock dividends of subsidiary0.30.30.60.6
Net loss (income) attributed to noncontrolling interests0.00.00.2(1.8)
Net income attributed to common shareholders$ 289.7$ 287.5$ 797.2$ 853.4
Earnings per share    
Basic (in dollars per share)$ 0.92$ 0.91$ 2.53$ 2.71
Diluted (in dollars per share)$ 0.92$ 0.91$ 2.52$ 2.70
Weighted average common shares outstanding    
Basic (in shares)315.4315.4315.4315.4
Diluted (in shares)315.9316.2315.9316.2

WEC Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 54.7$ 28.9
Accounts receivable and unbilled revenues, net of reserves of $178.7 and $199.3, respectively1,315.11,818.4
Materials, supplies, and inventories603.7807.1
Prepaid taxes215.1201.8
Other prepayments42.869.8
Collateral on deposit151.3122.4
Other74.9139.3
Current assets2,457.63,187.7
Long-term assets  
Property, plant, and equipment, net of accumulated depreciation and amortization of $10,717.0 and $10,383.8, respectively31,010.429,113.8
Regulatory assets (June 30, 2023 and December 31, 2022 include $89.5 and $92.4, respectively, related to WEPCo Environmental Trust)3,238.93,264.6
Equity investment in transmission affiliates1,955.91,909.2
Goodwill3,052.83,052.8
Pension and OPEB assets951.0916.7
Other352.7427.3
Long-term assets40,561.738,684.4
Total assets43,019.341,872.1
Current liabilities  
Short-term debt1,090.31,647.1
Current portion of long-term debt (June 30, 2023 and December 31, 2022 include $9.0 and $8.9, respectively, related to WEPCo Environmental Trust)1,377.5881.2
Accounts payable748.51,198.1
Other880.6884.6
Current liabilities4,096.94,611.0
Long-term liabilities  
Long-term debt (June 30, 2023 and December 31, 2022 include $89.7 and $94.1, respectively, related to WEPCo Environmental Trust)15,608.314,766.2
Deferred income taxes4,774.04,625.6
Deferred revenue, net363.5370.7
Regulatory liabilities3,712.93,735.5
Intangible liabilities621.6335.4
Asset Retirement Obligation502.9479.3
Environmental remediation liabilities475.8499.6
Other832.0832.2
Long-term liabilities26,891.025,644.5
Commitments and contingencies (Note 23)
Common shareholders' equity  
Common stock – $0.01 par value; 325,000,000 shares authorized; 315,434,531 shares outstanding3.23.2
Additional paid in capital4,114.74,115.2
Retained earnings7,570.47,265.3
Accumulated other comprehensive loss(6.9)(6.8)
Common shareholders' equity11,681.411,376.9
Preferred stock of subsidiary30.430.4
Noncontrolling interests319.6209.3
Total liabilities and equity$ 43,019.3$ 41,872.1
Scott J. Lauber
6940
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 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, solar, and biomass sources; provides electric transmission services; offers retail natural gas distribution services; transports natural gas; and generates, distributes, and sells steam. As of December 31, 2021, it operated approximately 35,800 miles of overhead distribution lines and 35,600 miles of underground distribution cables, as well as 440 electric distribution substations and 510,500 line transformers; 50,900 miles of natural gas distribution mains; 1,200 miles of natural gas transmission mains; 2.3 million natural gas lateral services; 500 natural gas distribution and transmission gate stations; and 68.2 billion cubic feet of working gas capacities in underground natural gas storage fields. 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 incorporated in 1981 and is headquartered in Milwaukee, Wisconsin.