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WEC Energy Group, Inc. (WEC)

116.07 +1.44 (+1.26%)
At close: October 30 at 4:00:02 PM EDT
116.07 0.00 (0.00%)
After hours: October 30 at 4:25:02 PM EDT
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WEC Q3 2026 earnings call
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What's happening with WEC?

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WEC Energy reported a strong third quarter, raised its 2026 earnings outlook, and expanded its 2027–2031 capital plan to $47.5 billion. The plan targets data-center electricity demand, natural-gas generation, storage, and transmission while management maintains 7%–9%+ long-term EPS growthand 6.5%–7% annual dividend growth.

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  • Previous Close 114.63
  • Open 115.56
  • Bid 116.10 x 10000
  • Ask 116.14 x 10000
  • Day's Range 115.34 - 116.81
  • 52 Week Range 99.80 - 119.91
  • Volume 3,614,441
  • Avg. Volume 2,646,103
  • Market Cap (intraday) 38.186B
  • Beta (5Y Monthly) 0.44
  • PE Ratio (TTM) 21.10
  • EPS (TTM) 5.50
  • Earnings Date Oct 29, 2026
  • Forward Dividend & Yield 3.81 (3.28%)
  • 1y Target Est 117.88
  • Morningstar Rating Rating available with Stock Picks access

WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. The company operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments. It generates and distributes electricity from coal, natural gas, oil, and nuclear, as well as renewable energy resources, including wind, solar, hydroelectric, and biomass; and distributes and hydroelectric natural gas. The company also owns, maintains, monitors, and operates electric transmission systems; and generates, distributes, and sells steam. As of December 31, 2025, the company operated approximately 35,200 miles of overhead distribution lines and 37,600 miles of underground distribution cables, as well as 420 electric distribution substations and 649,500 line transformers; approximately 47,200 miles of natural gas distribution mains; 1,300 miles of natural gas transmission mains; 2.4 million natural gas lateral services; 510 natural gas distribution and transmission gate stations; and 67.0 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1896 and is headquartered in Milwaukee, Wisconsin.

www.wecenergygroup.com

7,000

Full Time Employees

December 31

Fiscal Year Ends

Utilities

Sector

Recent News

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Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

WEC
12.91%
S&P 500 (^GSPC)
10.73%

1-Year Return

WEC
6.61%
S&P 500 (^GSPC)
11.11%

3-Year Return

WEC
58.36%
S&P 500 (^GSPC)
81.91%

5-Year Return

WEC
52.87%
S&P 500 (^GSPC)
64.59%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 2.29B
Earnings 389.3M
Profit Margin 17.00%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
1B
2B
3B
14.0%
16.0%
18.0%
20.0%
22.0%

Analyst Insights

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Analyst Price Targets

106.50 Low
117.88 Average
116.07 Current
131.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/30/2026
Analyst Scotiabank
Rating Action Maintains
Rating Sector Outperform
Price Action Raises
Price Target 117 -> 128

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    17.53%

  • Return on Assets (ttm)

    3.10%

  • Return on Equity (ttm)

    12.49%

  • Revenue (ttm)

    10.32B

  • Net Income Avi to Common (ttm)

    1.81B

  • Diluted EPS (ttm)

    5.50

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    58.8M

  • Total Debt/Equity (mrq)

    154.39%

  • Levered Free Cash Flow (ttm)

    -1.96B

Company Insights

Research Reports

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