WEC Energy Group, IncNYSE: WEC
Utilities · Electric Utilities
$117.77
-0.14%
Vol: 1.9M
Research Digest
Friday, May 1, 2026
WEC Energy Group declared 95.25-cent quarterly dividend and scheduled Q1 2026 earnings release for May 5.
WEC Energy Group declared a quarterly cash dividend of $0.9525 per share payable June 1, 2026. Q1 2026 earnings are scheduled for release on May 5 before market open, with analyst expectations of $2.31 EPS and $3.21 billion revenue. The companys May 7 annual meeting and positive earnings surprise prediction (+0.54%) suggest confidence in execution.
Previous Market Intelligence
13 daysApr 30WEC Energy declares 335th consecutive quarterly dividend and prepares Q1 earnings announcement May 5Positive▶
WEC Energy Group declared a quarterly cash dividend of 95.25 cents per share, marking 335 consecutive quarters of dividend payments dating to 1942, demonstrating commitment to shareholders. Wells Fargo raised its price target to $127 from $117 on April 21 with an Overweight rating, citing operational drivers in regulated utilities. Truist initiated coverage with a Hold rating and $124 price target. The company will announce Q1 2026 financial results on May 5 at 6:30 a.m. Central time, serving 4.8 million customers across the Midwest.
Apr 29WEC Energy declares 335th consecutive quarterly dividend of 95.25 cents amid Q1 2026 earnings expected May 5Positive▶
WEC Energy Group's board declared a quarterly dividend of 95.25 cents per share, marking the 335th consecutive quarter of dividend payments since 1942. The utility is expected to post Q1 2026 earnings of $2.31 per share, representing +1.8% year-over-year growth. Recent analyst updates include Wells Fargo raising price target to $127 from $117 with Overweight rating, and Bank of America raising target to $124 from $116. Vanguard increased its stake by 2.0% in the 4th quarter. WEC serves 4.8 million customers across Wisconsin, Illinois, Michigan and Minnesota.
Apr 16WEC Energy Group stock hits all-time high of $118.6; KeyBanc raised price target to $126 citing solid Q4 and strong data center growth outlook.Positive▶
WEC Energy reached an all-time high after strong fourth-quarter results and positive guidance. KeyBanc lifted price target to $126 from $117, citing solid Q4 with adjusted EPS ahead of expectations. The company reaffirmed 2026 earnings guidance of $5.51-$5.61 per share and declared quarterly dividend of $0.9525 ($3.81 annual). Major growth driver: expanding $1 billion capex over 5 years for Microsoft data center expansion in Wisconsin. WEC maintains 22-year dividend increase streak with 3.25% yield. $28 billion capex over 5 years positions company to capitalize on infrastructure priorities.
Apr 15WEC Energy filed multi-year rate requests and extended Oak Creek Power Plant operations through 2027 to support data center growth.Positive▶
WEC Energy Group filed rate requests on April 1, 2026 and committed to extending Oak Creek Power Plant units through 2027 to support infrastructure and clean energy investments. KeyBanc lifted price target to $126 from $117. Stock hit all-time high near $118.60. Reaffirmed 2026 guidance of $5.51-$5.61 EPS.
Apr 14WEC Energy raised 2026 EPS guidance range and reaffirmed $37.5B capex plan driven by data center demand; KeyBanc raised PT to $126.Positive▶
WEC Energy Group reaffirmed 2026 earnings guidance of $5.51-$5.61 per share. KeyBanc raised price target to $126 from $117, citing confidence in $37.5 billion 2026-2030 capex plan tied to hyperscale data center load. WEC stock reached all-time high.
Apr 13WEC Energy extends Oak Creek plant operations through 2027 and files multi-year Wisconsin rate increase requests.Neutral▶
WEC Energy filed applications April 1 for base rate increases for 2027-2028 across Wisconsin utilities. Extended operations of Oak Creek Power Plant Units 7 and 8 through 2027. Multiple institutional investors increased stakes in April. Reaffirmed 2026 EPS guidance of $5.51-$5.61 and 7-8% long-term growth with quarterly dividend of $0.9525. Bank of America initiated Hold rating on April 3.
Apr 10WEC Energy extended Oak Creek coal plant operations through 2027 and filed for $500M rate increase applications.Neutral▶
WEC Energy Group's Wisconsin subsidiaries filed applications on April 1 for base rate increases totaling nearly $500 million for 2027-2028. Extended Oak Creek Power Plant units' operations through 2027. Declared 6.7% dividend increase to $0.9525 quarterly. Reaffirmed 2026 earnings guidance of $5.51-$5.61 per share.
Apr 9Barclays raises WEC price target to $111 on strong Wisconsin momentumPositive▶
Barclays analyst Nicholas Campanella increased price target from $110 to $111 on March 24, citing strong momentum on large loads in Wisconsin. Microsoft approved to build 15 additional data centers in Wisconsin, bringing WEC's demand forecast to 2.6 gigawatts by 2030. KeyBanc also raised target to $126 from $117 on March 4. Institutional investors increased stakes during Q4 2025, including Country Trust Bank, Oak Thistle LLC, and Thurston Springer Miller.
Apr 8WEC files rate increase requests for 2027-2028; extends Oak Creek units through 2027 amid data center growthPositive▶
WEC Energy Group's Wisconsin utilities filed rate hike requests for 2027-2028 on April 1 and announced plans to extend Oak Power Plant units 7 and 8 through 2027 to meet peak demand. Company maintains 7-8% long-term EPS growth with $37.5B capital plan for 2026-2030 supported by data center-driven demand in Wisconsin corridor. KeyBanc raised target to $126 from $117 on March 4; JPMorgan maintains Hold. Removed supermajority voting requirements; FERC acknowledged Sandstone Rapids Hydroelectric safety plan. Country Trust Bank increased stake 6.3% in Q4 2025.
Apr 7WEC Energy raises dividend 6.7% to $0.9525 (23rd consecutive); $37.5B 2026-2030 capex.Positive▶
WEC dividend +6.7% to $0.9525 (23rd hike). 2026 EPS $5.51-5.61 with 7-8% long-term growth. $37.5B 5-year capital plan. WI utilities filed April 1 for 2027-2028 rate increases. 500 MW for Microsoft. I-94 corridor 2.6 GW demand by 2030.
Apr 6WEC Delays Oak Creek Retirement, Files Multi-Year Rate RequestsPositive▶
WEC Energy Group filed multi-year rate requests for its Wisconsin utilities and delayed the planned retirement of Oak Creek Power Plant units 7 and 8 through 2027 to support grid reliability and fund $28 billion capital plan infrastructure and clean energy investments. The company is advancing governance changes by proposing removal of supermajority voting requirements from Articles of Incorporation and Bylaws. The Federal Energy Regulatory Commission acknowledged WEC's Sandstone Rapids Hydroelectric Project safety assessment and corrective action plan as acceptable for detailed review. These moves reflect WEC's strategy to support growing data center-related demand.
Apr 3WEC Energy files major rate increase requests totaling $37.5B five-year capital plan and extends coal plant operations through 2027.Mixed▶
WEC Energy's Wisconsin utilities filed rate increase requests on April 1, projecting residential electric bill increases of ~$13/month in 2027. Extended coal plant operations through 2027 due to reliability concerns. Five-year capital plan increased by $1B to $37.5B, driven by data center demand. Company targets 7.0-8.0% long-term EPS growth and 6.5-7.0% dividend growth.
Apr 2WEC Energy announced $37.5B five-year capital investment plan with 7-8% projected annual EPS growth through 2030, driving 2.63% pre-market gain.Positive▶
WEC Energy Group reported Q4 2025 EPS of $0.97, missing expectations by 29.71%, but revenue of $2.54 billion exceeded forecasts by 12.89%. Full-year 2025 adjusted earnings reached $5.27 per share, up 8% year-over-year. The company announced ambitious $37.5 billion capital investments over five years focused on renewable energy capacity expansion and data center infrastructure, with 3.9 gigawatts of growth. Data centers are expected to contribute 14-15% of earnings in the five-year plan. WEC provided 2026 EPS guidance of $5.51-$5.61 and projected 7-8% annual EPS growth through 2030.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| WECWEC | $117.77 | -0.14% | +1.0% | 19.6x | 0.53 | $38.4B |
| CEGCONSTELLATION | $308.34 | -1.49% | +13.8% | 22.8x | 1.19 | $113.4B |
| SOSOUTHERN | $97.02 | +0.33% | -0.3% | 19.6x | 0.41 | $109.0B |
| DUKDUKE | $128.89 | -0.51% | -1.4% | 18.1x | 0.45 | $100.8B |
| AEPAMERICAN | $137.20 | +0.06% | +3.6% | 19.9x | 0.57 | $74.5B |
| ETRENTERGY | $116.83 | -0.92% | +2.9% | 23.6x | 0.56 | $54.0B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.