WEC Energy Group (NYSE:WEC) Issues FY 2026 Earnings Guidance

WEC Energy Group (NYSE:WEC) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 5.510-5.610 for the period, compared to the consensus earnings per share estimate of 5.590. The company issued revenue guidance of -.

WEC Energy Group Price Performance

Shares of NYSE:WEC traded down $1.22 during trading on Thursday, reaching $110.07. The stock had a trading volume of 877,872 shares, compared to its average volume of 2,121,427. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.54 and a current ratio of 0.68. WEC Energy Group has a 1-year low of $102.95 and a 1-year high of $119.91. The stock has a market cap of $35.85 billion, a PE ratio of 21.97, a PEG ratio of 1.97 and a beta of 0.47. The business has a fifty day moving average price of $113.97 and a 200-day moving average price of $113.71.

WEC Energy Group (NYSE:WEC) last released its earnings results on Wednesday, July 29th. The utilities provider reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.11. The business had revenue of $2.06 billion during the quarter, compared to analyst estimates of $2.11 billion. WEC Energy Group had a net margin of 16.25% and a return on equity of 12.72%. The company’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.76 earnings per share. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. On average, equities analysts forecast that WEC Energy Group will post 5.59 earnings per share for the current fiscal year.

WEC Energy Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be given a $0.9525 dividend. The ex-dividend date is Friday, August 14th. This represents a $3.81 dividend on an annualized basis and a dividend yield of 3.5%. WEC Energy Group’s dividend payout ratio is 76.05%.

Analyst Ratings Changes

WEC has been the topic of a number of analyst reports. Wall Street Zen downgraded WEC Energy Group from a “hold” rating to a “sell” rating in a research report on Sunday, May 24th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $127.00 target price on shares of WEC Energy Group in a research note on Tuesday, April 21st. Mizuho set a $124.00 price target on shares of WEC Energy Group in a research report on Wednesday, May 6th. Truist Financial upped their price objective on shares of WEC Energy Group from $119.00 to $122.00 and gave the company a “hold” rating in a report on Thursday, July 16th. Finally, BMO Capital Markets cut their price objective on shares of WEC Energy Group from $120.00 to $117.00 and set a “market perform” rating for the company in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $123.20.

Insiders Place Their Bets

In other WEC Energy Group news, EVP Daniel Krueger sold 4,665 shares of the stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $110.96, for a total transaction of $517,628.40. Following the completion of the transaction, the executive vice president owned 7,346 shares of the company’s stock, valued at $815,112.16. This trade represents a 38.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.46% of the stock is currently owned by company insiders.

More WEC Energy Group News

Here are the key news stories impacting WEC Energy Group this week:

• Positive Sentiment: WEC reported second-quarter earnings of $0.91 per share, up from $0.76 a year earlier and $0.11 above analysts’ consensus. Net income rose nearly 22% to $299.2 million, supporting the view that demand growth is translating into stronger profitability. WEC Energy posts higher profit as data center demand grows
• Positive Sentiment: Higher electricity sales to commercial and industrial customers, particularly data centers, helped offset rising costs. Management also highlighted a robust capital plan intended to support long-term load growth from large technology customers. WEC Energy Group Q2 2026 earnings call highlights
• Positive Sentiment: WEC reaffirmed its 2026 EPS guidance of $5.51 to $5.61, with the midpoint broadly in line with the $5.59 analyst consensus, reducing the risk of a near-term guidance cut. WEC Energy Group reports second-quarter results
• Neutral Sentiment: An investment analysis favored WEC over Dominion because of its data-center growth prospects, long-term contracts and regulatory developments, but this represents an external opinion rather than a new company announcement. Swapping Dominion for WEC Energy Group
• Negative Sentiment: Quarterly revenue of $2.06 billion increased 2.6% year over year but fell short of the $2.11 billion consensus estimate, indicating that the earnings beat was driven more by profitability than top-line growth. WEC Energy Group Q2 earnings beat estimates
• Negative Sentiment: The sizable investment program creates potential financing, regulatory and execution risks, while the company’s relatively high leverage may limit flexibility if interest rates or project costs rise.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in WEC. Osterweis Capital Management Inc. acquired a new stake in shares of WEC Energy Group in the second quarter valued at $27,000. DV Equities LLC purchased a new position in WEC Energy Group during the 4th quarter valued at about $48,000. Litman Gregory Wealth Management LLC acquired a new position in WEC Energy Group in the 4th quarter valued at about $49,000. Birchwood Financial Partners Inc. acquired a new position in WEC Energy Group in the 4th quarter valued at about $49,000. Finally, Loomis Sayles & Co. L P increased its stake in WEC Energy Group by 17.0% during the fourth quarter. Loomis Sayles & Co. L P now owns 770 shares of the utilities provider’s stock worth $81,000 after purchasing an additional 112 shares during the period. 77.20% of the stock is currently owned by institutional investors and hedge funds.

WEC Energy Group Company Profile

WEC Energy Group is a Milwaukee, Wisconsin–based regulated energy holding company whose primary businesses are the generation, transmission and distribution of electricity and the distribution of natural gas. The company operates through a set of utility subsidiaries that provide bundled energy service, customer billing and energy-related programs to residential, commercial and industrial customers. As a regulated utility group, WEC’s operations focus on delivering reliable service while managing infrastructure investment and compliance with state and federal utility regulation.

Its utility subsidiaries include well-known regional operators such as We Energies and Wisconsin Public Service, along with Chicago-area natural gas utilities that were part of the Integrys Energy Group acquisition.