WEC Energy Group, Inc.'s Stock Analysis

WEC Energy Group Announces Earnings Guidance and Rate Case Updates

WEC Energy Group is anticipating a $150 million charge that will affect its earnings guidance for 2025, projecting GAAP earnings per share between $4.83 and $4.93. Excluding this charge, the adjusted earnings guidance remains at $5.17 to $5.27 per share. The company emphasizes that the increase in reserves is not reflective of its ongoing operating performance. WEC plans to disclose its 2025 results during a year-end earnings call scheduled for February 5, 2026.

In regulatory news, WEC's subsidiaries, The Peoples Gas Light and Coke Company and North Shore Gas Company, have filed requests with the Illinois Commerce Commission to establish new rates effective in 2027. If approved, the estimated impact on a typical residential customer could be an increase of $10 to $11 per month. The company is also focused on a significant capital investment plan of $36.5 billion from 2026 to 2030, aimed at enhancing its infrastructure and supporting long-term growth.

Jan 05, 2026 16:17:03

WEC Energy Group Plans Dividend Increase and Capital Investments

WEC Energy Group will meet with investors to discuss its financial outlook and strategic initiatives. The company plans to raise its quarterly dividend to 95.25 cents per share for the first quarter of 2026, reflecting a 6.7% increase and marking the 23rd consecutive year of dividend growth. The firm has a market capitalization of $36.5 billion and serves 4.7 million retail customers, with a capital plan that aims to invest $36.5 billion from 2026 to 2030, focusing on regulated businesses and renewable energy projects.

The company forecasts annual earnings per share growth of 7.0% to 8.0%, driven by its substantial capital investments, including $8.5 billion more than its previous five-year plan. Key projects include expanding its natural gas generation and investing in renewable energy sources. WEC Energy Group maintains a strong credit rating and aims to manage its balance sheet effectively while addressing environmental goals, including a plan to eliminate coal as an energy source by the end of 2032.

Dec 05, 2025 16:16:25

WEC Energy Group Sets Performance Metrics for 2026 Incentives

WEC Energy Group has outlined its performance measures for the 2026 annual incentive compensation plan, focusing on financial metrics such as earnings per share and cash flow. For named executive officers, the compensation will be influenced by a combination of financial achievements and operational performance indicators, including customer satisfaction and safety metrics. The weighting for these factors varies based on the officers' roles within the company.

Additionally, the company has established performance metrics for its Performance Unit Plan, which will assess total shareholder return against a peer group and the authorized return on equity of its utility subsidiaries. The performance measures include a stock price to earnings ratio that could enhance the vesting percentage of awards, with a cap on the maximum vesting at 200% of the target award.

Dec 05, 2025 13:33:55

WEC Energy Group Announces Investor Meetings and Financial Overview

WEC Energy Group will hold meetings with investors, presenting information about its financial performance and strategic plans. The company has a market capitalization of approximately $36.3 billion and serves 4.7 million retail customers, with total assets amounting to $49.8 billion. It has a history of consistent earnings growth, with an annualized dividend growth rate of about 6.7% and a target payout ratio of 65-70% of earnings. The company has exceeded earnings guidance for 21 consecutive years and is included in S&P's High Yield Dividend Aristocrats Index.

WEC Energy Group's capital plan for 2026-2030 includes an additional $8.5 billion in investments, primarily focused on natural gas generation, regulated renewables, and electric transmission. The company anticipates long-term earnings growth of 7.0% to 8.0%, supported by robust demand in its service areas. Key projects include significant investments in data centers and renewable energy sources, as well as the planned retirement of coal generation facilities by 2032. The company maintains a healthy balance sheet with strong credit ratings, positioning it well for future growth.

Nov 07, 2025 16:16:34

WEC Energy Group Issues $600 Million in Junior Subordinated Notes

WEC Energy Group, Inc. has entered into an Underwriting Agreement for the issuance and sale of $600 million in 5.625% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2056. This offering is registered under the Securities Act of 1933, under Registration No. 333-281253.

The Notes are part of a public offering and are expected to impact the company's capital structure. The details of the offering and related financial statements are included in the exhibits filed under the registration statement.

Nov 06, 2025 08:58:17

WEC Energy Group Initiates $3 Billion Stock Sale Agreement

WEC Energy Group has entered into an equity distribution agreement allowing the company to sell up to $3 billion in common stock through various sales agents. The agreement enables the company to offer shares directly or engage in forward sale agreements, where shares will be borrowed and sold to hedge against potential price fluctuations. The company anticipates receiving proceeds from these transactions upon physical settlement of the forward agreements, although initial sales of borrowed shares will not yield immediate proceeds for the company.

The equity distribution agreement includes provisions for two types of forward transactions: Initially Priced Forward Transactions and Collared Forward Transactions. The pricing mechanisms for these transactions will be influenced by the volume-weighted average price of the common stock and may be adjusted based on market conditions and expected dividends. The company will pay commissions to the sales agents and forward sellers, which will be deducted from the proceeds of any sales. Actual sales will depend on market conditions and the company’s funding needs.

Oct 31, 2025 17:08:02

WEC Energy Group Reports Q3 2025 Financial Results

WEC Energy Group reported a net income of $271.3 million, or 83 cents per share, for the third quarter of 2025, an increase from $240.1 million, or 76 cents per share, in the same quarter of the previous year. For the nine months ending September 30, 2025, net income reached $1.24 billion, or $3.85 per share, compared to $1.07 billion, or $3.40 per share, in the prior year period. Consolidated revenues for the nine months totaled $7.3 billion, reflecting a $947.3 million increase from the previous year. Retail electricity deliveries, excluding a specific iron ore mine, increased by 1.9% in the third quarter of 2025, with notable rises in consumption among small, large commercial, and residential customers.

The company reaffirmed its earnings guidance for 2025, projecting earnings per share between $5.17 and $5.27, assuming normal weather conditions for the remainder of the year. WEC Energy Group operates as a major energy provider serving 4.7 million customers across several states, with its principal utilities including We Energies and Wisconsin Public Service. The company has approximately 32,000 stockholders and over $49 billion in assets.

Oct 30, 2025 07:26:26

WEC Energy Group Plans Major Capital Investments Through 2029

WEC Energy Group will engage with investors in upcoming meetings, showcasing its significant capital plan for 2025-2029, which totals $28 billion. This plan includes investments in electric transmission, gas distribution, and renewable energy projects, reflecting a commitment to modernizing its infrastructure and transitioning away from coal by 2032. The company anticipates robust growth in electric demand, driven by new data center developments and large customer tariffs designed for substantial energy users.

The company reported a market capitalization of $34.9 billion and serves 4.7 million retail customers. WEC Energy Group has a track record of consistent earnings and dividend growth, having raised dividends for 22 consecutive years. The firm aims to achieve net carbon neutrality in electric generation by 2050, with ongoing investments in renewable energy sources projected to exceed $9 billion. Key projects include substantial expansions in solar, wind, and battery storage capacities, which are expected to enhance the company's growth and sustainability initiatives.

Sep 02, 2025 16:15:31

WEC Energy Group Plans Major Investments and Data Center Growth

WEC Energy Group will engage with investors in upcoming meetings, showcasing its strong market presence with a market capitalization of $34.8 billion and a customer base of 4.7 million. The company is implementing a significant capital plan of $28 billion from 2025 to 2029, which includes investments in electric transmission, gas distribution, and renewable energy sources, aiming to quadruple its carbon-free generation capacity. WEC Energy Group has a history of consistent earnings and dividend growth, with a recent dividend increase of 6.9% for 2025.

The company is also focusing on meeting the energy demands of large customers, including Microsoft, which is developing a $3.3 billion data center in Wisconsin. WEC Energy Group plans to exit coal by 2032 and is investing heavily in renewable energy projects such as solar, wind, and battery storage. Additionally, WEC Energy Group is pursuing innovative energy solutions, including long-duration energy storage projects. The company maintains a healthy balance sheet with strong credit ratings and aims for continued growth in both sales and load demand through 2029.

Aug 04, 2025 16:16:29

WEC Energy Group Reports Q2 2025 Financial Results

WEC Energy Group reported a net income of $245.4 million, or 76 cents per share, for the second quarter of 2025, an increase from $211.3 million, or 67 cents per share, in the same quarter last year. For the first half of 2025, the company achieved a net income of $969.6 million, or $3.02 per share, compared to $833.6 million, or $2.64 per share, during the first half of 2024. Total consolidated revenues reached $5.2 billion, up $706.8 million from the previous year, with retail electricity deliveries showing a slight increase across various customer categories.

The company reaffirmed its earnings guidance for 2025, projecting earnings per share between $5.17 and $5.27, assuming normal weather conditions for the remainder of the year. WEC Energy Group serves approximately 4.7 million customers across several states and operates a diverse range of utilities and energy infrastructure. The company is a component of the S&P 500 and has about 33,000 stockholders and over $48 billion in assets.

Jul 30, 2025 07:25:21