WEC - WEC Energy Group, Inc.
| Previous close | 88.97 |
| Open | 88.54 |
| Bid | 80.00 x 1000 |
| Ask | 94.85 x 1000 |
| Day's range | 88.22 - 91.96 |
| 52-week range | 68.01 - 109.53 |
| Volume | 1,741,775 |
| Avg. volume | 2,235,279 |
| Market cap | 28.935B |
| Beta (5Y monthly) | 0.21 |
| PE ratio (TTM) | 24.93 |
| EPS (TTM) | 3.68 |
| Earnings date | 03 Aug 2020 - 07 Aug 2020 |
| Forward dividend & yield | 2.53 (2.84%) |
| Ex-dividend date | 13 May 2020 |
| 1y target est | 91.73 |
- Zacks
AGR vs. WEC: Which Stock Is the Better Value Option?
AGR vs. WEC: Which Stock Is the Better Value Option?
- Bloomberg
Virus Could Push Unpaid U.S. Utility Bills to Highest in Decades
(Bloomberg) -- WEC Energy Group Inc. and OGE Energy Corp. may face the utility industry’s steepest hits to earnings as unpaid customer bills pile up, according to a research report.The Milwaukee-based utility’s pre-tax income may slide as much as 3.7%, Hugh Wynne and Eric Selmon, analysts with the investment research company SSR LLC, wrote Monday. They warn that the economic fallout from the coronavirus pandemic may drive uncollected electric and natural gas bills to the highest in two decades.Other utilities that may face a significant drag on earnings include Oklahoma-based OGE, with an estimated 3% decline, Avangrid Inc.with a 2.9% drop and Dominion Energy with a 2.8% fall.With millions of people out of work, many utilities have stopped disconnecting customers for failing to pay bills. While certain states allow utilities to recover the cost of unpaid bills through additional charges, utility cash flows will suffer until the rate increases go into effect, the analysts said. In addition, eleven states including Wisconsin are allowing utilities to track Covid-19 expenses, they said.Annual changes in unemployment rates account for about 39% of the increase in uncollected electric bills and 45% of gas bills, according to the report. U.S. unemployment skyrocketed to 14.7% in April, the highest since the Great Depression, as shelter-in-place orders forced businesses to shed millions of workers.WEC Energy said that under current regulations, the company can recover bad debt expenses and is working with regulators and stakeholders to track bills for future recovery. The company is also working with federal and state governments to help customers manage their bills. OGE, Avangrid and Dominion didn’t immediately respond to requests for comment.Regulators are letting utilities defer virus-related expenses including those from non-payments for future potential recovery, WEC Chairman Gale E. Klappa said during an earnings call last week.Dominion can recover the costs of lapsed collections over time for nearly all of its gas utilities. Chief Financial Officer James Chapman said on the Virginia-based company’s first-quarter earnings call that he does not expect “bad debt expense in excess of budgeted amounts to be a material driver for the year.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Zacks
WEC Energy (WEC) Q1 Earnings Beat Estimates, Revenues Miss
WEC Energy's (WEC) first-quarter 2020 earnings improve on a year-over-year basis.
- Zacks
AGR vs. WEC: Which Stock Should Value Investors Buy Now?
AGR vs. WEC: Which Stock Is the Better Value Option?
- Motley Fool
WEC Energy Group Inc (WEC) Q1 2020 Earnings Call Transcript
In addition to the assumptions and other factors referred to in connection with the statements, factors described in WEC Energy Group's latest Form 10-K and subsequent reports filed with the Securities and Exchange Commission could cause actual results to differ materially from those contemplated. Now as you saw from our news release this morning, we reported first quarter 2020 earnings of $1.43 a share, a strong performance despite lower natural gas demand during a mild first quarter.
- Zacks
WEC Energy Group (WEC) Q1 Earnings Surpass Estimates
WEC Energy (WEC) delivered earnings and revenue surprises of 8.33% and -12.78%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- Zacks
Can WEC Energy (WEC) Keep the Earnings Surprise Streak Alive?
WEC Energy (WEC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- Zacks
WEC Energy Group (WEC) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
WEC Energy (WEC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Zacks
Is a Surprise Coming for WEC Energy (WEC) This Earnings Season?
WEC Energy (WEC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- Simply Wall St.
What Is WEC Energy Group's (NYSE:WEC) P/E Ratio After Its Share Price Rocketed?
WEC Energy Group (NYSE:WEC) shares have had a really impressive month, gaining 35%, after some slippage. The full year...
- Simply Wall St.
Here's Why I Think WEC Energy Group (NYSE:WEC) Might Deserve Your Attention Today
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...
- Zacks
Is WEC Energy Group (WEC) Outperforming Other Utilities Stocks This Year?
Is (WEC) Outperforming Other Utilities Stocks This Year?
- Zacks
KEP vs. WEC: Which Stock Is the Better Value Option?
KEP vs. WEC: Which Stock Is the Better Value Option?
- Simply Wall St.
Is WEC Energy Group, Inc.'s (NYSE:WEC) 11% ROE Strong Compared To Its Industry?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- Zacks
Why Is WEC Energy (WEC) Down 8.2% Since Last Earnings Report?
WEC Energy (WEC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Simply Wall St.
Should We Worry About WEC Energy Group, Inc.'s (NYSE:WEC) P/E Ratio?
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...
- Zacks
WEC Energy (WEC) Q4 Earnings Beat Estimates, Revenues Miss
WEC Energy's (WEC) fourth-quarter 2019 earnings improve on a year-over-year basis.
- Simply Wall St.
The WEC Energy Group (NYSE:WEC) Share Price Has Gained 69% And Shareholders Are Hoping For More
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...
- Zacks
PNM Resources (PNM) Revises 2019 View and Hikes Dividend
Strong cash flow and impressive performance enable PNM Resources' (PNM) board of directors to increase dividend regularly.
- Simply Wall St.
Here's How We Evaluate WEC Energy Group, Inc.'s (NYSE:WEC) Dividend
Today we'll take a closer look at WEC Energy Group, Inc. (NYSE:WEC) from a dividend investor's perspective. Owning a...
- Zacks
Edison International Declares 4.1% Quarterly Dividend Hike
Edison International's (EIX) latest dividend hike marks an increase of 2.50 cents from the prior payout of 61.25 cents per share
- Zacks
AES Corp (AES) to Rewards Shareholders With Dividend Hike
AES Corp's (AES) strong cash flow enables it to continue systematic dividend payouts.
- Zacks
WEC Energy (WEC) Up 0.7% Since Last Earnings Report: Can It Continue?
WEC Energy (WEC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Zacks
WEC Energy to Reward Shareholders With 7.2% Dividend Hike
WEC Energy's (WEC) board of directors is set to increase annual dividend rate by 7.2%, in sync with its target of a dividend payout ratio of 65-70% of earnings.
