WEC Energy Group Inc
WEC
Market Cap$34.59B
Close$
Earnings Call Q4 2024
February 4, 2025 - AI Summary
Earnings Growth and Guidance: WEC Energy Group reported 2024 adjusted earnings of $4.88 per share, a $0.25 increase YoY. For 2025, the guidance is set at $5.17 to $5.27 per share, targeting a 6.5% to 7% long-term compound annual growth rate (CAGR).
Strong Economic Environment: The Wisconsin unemployment rate is at 3%, below the national average, reflecting robust economic growth in the region, which is expected to positively influence energy demand. Key developments include Eli Lilly's $3 billion expansion and Microsoft's ongoing investment in data centers, contributing to increased demand.
Capital Investment Plans: WEC has a historic $28 billion five-year capital plan, with $9.1 billion allocated for 4,300 megawatts of renewable energy projects. The company has successfully brought the Paris Solar Park into service and plans further investments in solar and natural gas generation.
Exclusive for Stockcircle Pro members
Sign up
$-48.87
144.8% downside
Current Fair Value
144.8% downsideOvervalued by 144.8% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $34.59 Billion |
|---|---|
| Enterprise Value | $38.06 Billion |
| Dividend Yield | $3.3975 (3.13451425408248%) |
| Earnings per Share | $4.81 |
| Beta | 0.43 |
| Outstanding Shares | 317,100,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 22.49 |
|---|---|
| PEG | -89.7 |
| Price to Sales | 4.2 |
| Price to Book Ratio | 0.93 |
| Enterprise Value to Revenue | 4.46 |
| Enterprise Value to EBIT | 16.88 |
| Enterprise Value to Net Income | 29 |
| Total Debt to Enterprise | 0.09 |
| Debt to Equity | 0.09 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About WEC Energy Group Inc
8,000 employees
CEO: J. Kevin Fletcher WEC Energy Group, based in Milwaukee, is one of the nation's premier energy companies, serving 4.5 million customers in Wisconsin, Illinois, Michigan and Minnesota. The company's principal utilities are We Energies, Wisconsin Public Ser...