MILWAUKEE, Jan. 16, 2025 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 89.25 cents per share on the company's common stock, an increase of 6.9 percent over the current quarterly dividend of 83.50 cents per share. This raises the annual dividend rate to $3.57 per share. The higher dividend is payable March 1, 2025, to stockholders of record on Feb. 14, 2025. This marks the 330th consecutive quarter — dating back to 1942 — that the company w ...

A downtrend has been apparent in WEC Energy Group (WEC) lately with too much selling pressure. The stock has declined 5.1% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for ...

WEC Energy Group’s (WEC) ongoing investments in infrastructure projects, systematic acquisitions and focus on clean energy boost its overall performance. The company also gains from expanding customer base. Given its growth opportunities, WEC makes for a solid investment option in the utility sector.Let’s focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment.WEC’s Growth Projections & Surprise HistoryThe Zacks Consensus Estimate for 2025 earnings per share (E ...

WEC Energy Group (WEC) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Th ...

Investors with an interest in Utility - Electric Power stocks have likely encountered both Entergy (ETR) and WEC Energy Group (WEC) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scor ...

MILWAUKEE, Dec. 19, 2024 /CNW/ - WEC Energy Group, Inc. (NYSE: WEC) ("WEC Energy Group") today announced the pricing terms of the previously announced upsized cash tender offer (the "Tender Offer") for $400,000,000 in aggregate principal amount (the "Aggregate Maximum Principal Amount") of the outstanding senior notes listed in the table below (the "Securities"). The table below summarizes certain information regarding the Securities and the Tender Offer, including the order of priority and purchase price i ...

MILWAUKEE, Dec. 5, 2024 /PRNewswire/ -- WEC Energy Group, Inc. (NYSE: WEC) ("WEC Energy Group") today announced the commencement of a cash tender offer (the "Tender Offer") for up to $350,000,000 in aggregate principal amount (as such amount may be increased or decreased by WEC Energy Group pursuant to the terms of the Tender Offer, the "Aggregate Maximum Principal Amount") of the outstanding senior notes listed in the table below (the "Securities").The table below summarizes certain information regarding t ...

MILWAUKEE, Dec. 5, 2024 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today announced that it is planning to raise the quarterly dividend on the company's common stock to 89.25 cents per share in the first quarter of 2025. This would represent an increase of 5.75 cents per share, or 6.9 percent.The directors expect to declare the new dividend at their regularly scheduled meeting in January. The dividend — which would be equivalent to an annual rate of $3.57 per share — would be paya ...

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WEC Energy Group (WEC) reported $1.86 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 4.8%. EPS of $0.82 for the same period compares to $1.00 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.93 billion, representing a surprise of -3.50%. The company delivered an EPS surprise of +17.14%, with the consensus EPS estimate being $0.70.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...