Key Highlights:
- WEC Energy Group announces a quarterly dividend, boosting shareholder value.
- Analyst consensus suggests a "Hold" status with over 12% potential downside based on GuruFocus estimates.
- Consistent earnings projection reaffirmed for 2025, despite recent earnings miss.
WEC Energy Group (WEC, Financial) has declared a quarterly dividend of $0.8925 per share, offering a forward yield of 3.3%. Shareholders recorded by May 14 can expect this dividend on June 1. Although the company missed top-line earnings estimates, it continues to project 2025 earnings within a targeted EPS range of $5.17 to $5.27.
Wall Street Analysts Forecast
Reflecting insights from 14 analysts, the average one-year price target for WEC Energy Group Inc. (WEC, Financial) is positioned at $104.74. This target includes a high estimate of $115.00 and a low estimate of $95.50, signaling an anticipated downside of 3.37% from WEC's current market price of $108.39. For deeper insights, visit the WEC Energy Group Inc (WEC) Forecast page.
The consensus from 18 brokerage firms places WEC Energy Group Inc. (WEC, Financial) at an average recommendation of 2.6, translating to a "Hold" rating. This recommendation scale spans from 1 to 5, with 1 indicating a Strong Buy, and 5 suggesting a Sell.
According to GuruFocus estimates, the anticipated GF Value for WEC Energy Group Inc. (WEC, Financial) in one year is $95.34. This suggests a potential downside of 12.04% compared to the current price of $108.39. The GF Value is GuruFocus' calculation of the stock's fair trading value, based on historical trading multiples, previous business growth, and projected future performance. For comprehensive data, explore the WEC Energy Group Inc (WEC) Summary page.
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