Wec Energy Group Stock Today
| WEC Stock | USD 81.96 0.01 0.01% |
Performance5 of 100
| Odds Of DistressLess than 33
|
WEC Energy is trading at 81.96 as of the 23rd of April 2024, a -0.01 percent decrease since the beginning of the trading day. The stock's open price was 81.97. WEC Energy has about a 33 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for WEC Energy Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Utilities | IPO Date 26th of October 1984 |
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. WEC Energy Group, Inc. was incorporated in 1981 and is headquartered in Milwaukee, Wisconsin. The company has 315.82 M outstanding shares of which 8.05 M shares are at this time shorted by investors with about 3.84 days to cover. More on WEC Energy Group
Moving together with WEC Stock
| 0.73 | D | Dominion Energy Financial Report 3rd of May 2024 | PairCorr |
| 0.82 | ED | Consolidated Edison Financial Report 2nd of May 2024 | PairCorr |
| 0.62 | ES | Eversource Energy Financial Report 1st of May 2024 | PairCorr |
| 0.63 | FE | FirstEnergy Earnings Call This Week | PairCorr |
| 0.88 | SO | Southern Financial Report 25th of April 2024 | PairCorr |
Moving against WEC Stock
| 0.53 | HE | Hawaiian Electric Financial Report 14th of May 2024 | PairCorr |
WEC Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. WEC Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding WEC Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, WEC Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to WEC Energy's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | J Fletcher | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Multi-Utilities, Utilities - Regulated Electric, Utilities, NYSE Composite, PHLX Utility, SP 500 Index, Basic Utilities, Utilities, Multi-Utilities, Utilities—Regulated Electric, Utilities (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Excise Tax Activities | CoalNuclear | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering WEC Energy report their recommendations after researching WEC Energy's financial statements, talking to executives and customers, or listening in on WEC Energy's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering WEC Energy Group. The WEC consensus assessment is calculated by taking the average forecast from all of the analysts covering WEC Energy. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from WEC Energy's financial statements, WEC Energy Group may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of WEC Energy Group is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
WEC Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to WEC Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. WEC Energy's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of WEC Energy's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand WEC Energy's financial leverage. It provides some insight into what part of WEC Energy's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
WEC Energy Group (WEC) is traded on New York Stock Exchange in USA. It is located in 231 West Michigan Street, Milwaukee, WI, United States, 53201 and employs 7,000 people. WEC Energy is listed under Multi-Utilities category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 25.89 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate WEC Energy's market, we take the total number of its shares issued and multiply it by WEC Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. WEC Energy Group runs under Multi-Utilities sector within Utilities industry. The entity has 315.82 M outstanding shares of which 8.05 M shares are at this time shorted by investors with about 3.84 days to cover.
WEC Energy Group has about 28.9 M in cash with 3.02 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1.
Check WEC Energy Probability Of Bankruptcy
Ownership AllocationWEC Energy Group shows a total of 315.82 Million outstanding shares. The majority of WEC Energy Group outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to purchase positions in WEC Energy Group to benefit from reduced commissions. Thus, outside corporations are subject to a different set of regulations than regular investors in WEC Energy Group. Please pay attention to any change in the institutional holdings of WEC Energy as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check WEC Ownership Details
WEC Stock Price Odds Analysis
What are WEC Energy's target price odds to finish over the current price? Based on a normal probability distribution, the odds of WEC Energy jumping above the current price in 90 days from now is about 6.4%. The WEC Energy Group probability density function shows the probability of WEC Energy stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon WEC Energy has a beta of 0.7683. This entails as returns on the market go up, WEC Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding WEC Energy Group will be expected to be much smaller as well. Additionally, wEC Energy Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of WEC Energy to move above the current price in 90 days from now is about 6.4 (This WEC Energy Group probability density function shows the probability of WEC Stock to fall within a particular range of prices over 90 days) .
WEC Stock Institutional Holders
Institutional Holdings refers to the ownership stake in WEC Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of WEC Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing WEC Energy's value.| Instituion | Recorded On | Shares | |
| Northern Trust Corp | 2023-12-31 | 4.1 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 4 M | |
| Nuveen Asset Management, Llc | 2023-12-31 | 3.9 M | |
| Legal & General Group Plc | 2023-12-31 | 3.6 M | |
| Pictet Asset Manangement Sa | 2023-12-31 | 3.5 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 3 M | |
| Pnc Financial Services Group Inc | 2023-12-31 | 2.5 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 2.4 M | |
| California Public Employees Retrmnt Sys | 2023-12-31 | 2 M | |
| Vanguard Group Inc | 2023-12-31 | 41.7 M | |
| Blackrock Inc | 2023-12-31 | 28.8 M |
WEC Energy Historical Income Statement
WEC Energy Group Income Statement is one of the three primary financial statements used for reporting WEC's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of WEC Energy Group revenue and expense. WEC Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, WEC Energy's EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Net Income is expected to grow to about 1.4 B, whereas Gross Profit is forecasted to decline to about 2.5 B. View More FundamentalsWEC Stock Against Markets
Picking the right benchmark for WEC Energy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in WEC Energy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for WEC Energy is critical whether you are bullish or bearish towards WEC Energy Group at a given time. Please also check how WEC Energy's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in WEC Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio Comparator Now
Portfolio ComparatorCompare the composition, asset allocations and performance of any two portfolios in your account |
| All Next | Launch Module |
WEC Energy Corporate Directors
WEC Energy corporate directors refer to members of a WEC Energy board of directors. The board of directors generally takes responsibility for the WEC Energy's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of WEC Energy's board members must vote for the resolution. The WEC Energy board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Cristina Thomas | Independent Director | Profile | |
| Albert Budney | Independent Director | Profile | |
| Ulice Payne | Independent Director | Profile | |
| Thomas Fischer | Independent Director | Profile |
How to buy WEC Stock?
Before investing in WEC Energy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in WEC Energy. To buy WEC Energy stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of WEC Energy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase WEC Energy stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located WEC Energy Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased WEC Energy Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as WEC Energy Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy WEC Stock please use our How to Invest in WEC Energy guide.
Already Invested in WEC Energy Group?
The danger of trading WEC Energy Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of WEC Energy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than WEC Energy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile WEC Energy Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether WEC Energy Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WEC Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wec Energy Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wec Energy Group Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WEC Energy Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the WEC Energy Group information on this page should be used as a complementary analysis to other WEC Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for WEC Stock analysis
When running WEC Energy's price analysis, check to measure WEC Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WEC Energy is operating at the current time. Most of WEC Energy's value examination focuses on studying past and present price action to predict the probability of WEC Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WEC Energy's price. Additionally, you may evaluate how the addition of WEC Energy to your portfolios can decrease your overall portfolio volatility.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |
Is WEC Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WEC Energy. If investors know WEC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WEC Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.13) | Dividend Share 3.12 | Earnings Share 4.22 | Revenue Per Share 28.196 | Return On Assets 0.0318 |
The market value of WEC Energy Group is measured differently than its book value, which is the value of WEC that is recorded on the company's balance sheet. Investors also form their own opinion of WEC Energy's value that differs from its market value or its book value, called intrinsic value, which is WEC Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WEC Energy's market value can be influenced by many factors that don't directly affect WEC Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WEC Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if WEC Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WEC Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.