WEC Energy Group Inc. (WEC)
Utilities1 article
Price chart
Why is WEC moving today?
-0.9%WEC is -0.9% today, inside the ordinary range for a session (under 3%). No stories about it reached the feed in the last 24 hours.
What this does not prove. A story on the same day is evidence of timing, not of cause: it explains a move only if it accounts for the size and the direction, and most single-stock moves carry a sector or index component too. Nothing here is a forecast.
Source: Yahoo Finance - quote as of yesterday
WEC Energy Group Inc. (WEC) overview
WEC Energy Group is a Midwest electric and gas utility.
WEC is a member of the S&P 500. It sits in the Utilities sector. That sector covers electric, gas and water providers prized for steady, regulated income.
WEC Energy Group Inc. trades on the NYSE under the ticker symbol WEC. The most recent market data puts the share price at about $111.09. That is down 0.95% on the session. At that price the company is worth roughly $36.20B.
Over the past 52 weeks, WEC has traded between $99.80 and $119.91. Shares change hands at a trailing price-to-earnings (P/E) ratio of about 21.6. The P/E ratio sets the share price against a year of earnings. A higher number means the market is paying more for each dollar the company earns. WEC also pays a dividend. It yields around 3.43% at the current price.
Key statistics
Source: Yahoo Finance - quote as of yesterday
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Why investors watch WEC
WEC is one of the larger names in the Utilities sector, so investors follow it closely. It tends to move with the rest of the sector. This page sums up each WEC story as it breaks, and tags it bullish, bearish or neutral.
What moves WEC
- Earnings. WEC reports results four times a year. A surprise against the estimate tends to move the stock that day.
- Analyst calls. Upgrades, downgrades and new price targets change what the market expects from WEC.
- Sector news. Utilities stocks often move together, so a rival's news can move WEC too.
Market Mood
Latest WEC news
Keybanc Raises WEC Energy Group Price Target by $9 Amid Positive Outlook
Keybanc has increased its price target for WEC Energy Group (WEC) by $9, reflecting a bullish outlook on the company's performance amidst favorable market conditions. This adjustment is significant as it indicates analyst confidence in WEC's growth prospects, which could influence investor sentiment and share price movements. The updated target suggests a strong belief in the company’s ability to navigate potential challenges in the energy sector. Such a change in evaluation might attract new investments and impact trading volumes in WEC shares.
Read More: Keybanc Raises WEC Energy Group Price Target by $9 Amid Positive OutlookMore Utilities stocks
Frequently asked questions
Is WEC Energy Group Inc. in the S&P 500?
Yes. WEC Energy Group Inc. trades as WEC and is a member of the S&P 500. The index lists it in the Utilities sector.
What sector is WEC in?
WEC sits in the Utilities sector of the S&P 500.
Where can I find the latest WEC news?
Right here. This page collects recent WEC news and market analysis. Every story gets an AI summary and a bullish, bearish or neutral tag.
What is WEC Energy Group Inc.'s stock price?
WEC last traded at about $111.09. Prices move all through the session, so this is the latest quote rather than a live one.
What is WEC Energy Group Inc.'s market cap?
WEC is worth roughly $36.20B. Market cap is the share price times the number of shares outstanding.
What is WEC's P/E ratio?
WEC trades at a trailing P/E ratio of about 21.6. The ratio compares the share price with earnings per share over the past year.