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WEC Energy Group: Wisconsin Rate Case Outcome Key to Supporting Premium Valuation
WEC Energy Group is the largest Midwest utility, with more than $29 billion of rate base from mostly regulated operations.
WEC Energy Group Inc WEC
Bulls Say, Bears Say
Bulls
Wisconsin, representing nearly two thirds of WEC Energy's business, is a favorable regulatory environment with a forward-looking test year and allowed returns above the national average.
Bears
WEC Energy's large investment plan increases regulatory risk.
News
-
WEC Energy Group's Corporate Responsibility Report highlights sustainable progress for an enduring enterprise
-
WEC Energy Group reports second-quarter results
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WEC Energy Group to announce 2024 second-quarter results July 31
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Wisconsin Electric declares quarterly dividends
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WEC Energy Group declares quarterly dividend
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'Close your eyes and buy' these utilities stocks, analyst says
Trading Information
- Previous Close Price
- $94.61
- Day Range
- $94.57–95.68
- 52-Week Range
- $75.13–96.65
- Bid/Ask
- $93.38 / $95.26
- Market Cap
- $30.11 Bil
- Volume/Avg
- 1.3 Mil / 2.1 Mil
Key Statistics
- Price/Earnings (Normalized)
- 20.10
- Price/Sales
- 3.49
- Dividend Yield (Trailing)
- 3.45%
- Dividend Yield (Forward)
- 3.51%
- Total Yield
- 3.45%
Company Profile
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.
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Stock Style Box
- Mid Core
- Total Number of Employees
- 7,000
- Website
- https://www.wecenergygroup.com
Competitors
Valuation
|
Metric
|
WEC
|
XEL
|
LNT
|
|---|---|---|---|
Price/Earnings (Normalized) | 20.10 | 18.55 | 21.69 |
Price/Book Value | 2.49 | 2.00 | 2.29 |
Price/Sales | 3.49 | 2.60 | 3.92 |
Price/Cash Flow | 9.76 | 7.24 | 11.54 |
Price/Earnings
WEC
XEL
LNT
Financial Strength
|
Metric
|
WEC
|
XEL
|
LNT
|
|---|---|---|---|
Quick Ratio | 0.42 | 0.61 | 0.27 |
Current Ratio | 0.74 | 0.97 | 0.65 |
Interest Coverage | 3.05 | 2.58 | 2.32 |
Quick Ratio
WEC
XEL
LNT
Profitability
|
Metric
|
WEC
|
XEL
|
LNT
|
|---|---|---|---|
Return on Assets (Normalized) | 3.36% | 2.89% | 3.29% |
Return on Equity (Normalized) | 12.39% | 10.62% | 10.34% |
Return on Invested Capital (Normalized) | 6.96% | 5.98% | 6.46% |
Return on Assets
WEC
XEL
LNT
Utilities - Regulated Electric Industry Comparables
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1-Day Chart
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United States