Ladenburg Thalmann initiated coverage on WEC Energy Group with a new price target
$WEC
Power Generation
Utilities
Ladenburg Thalmann initiated coverage of WEC Energy Group with a rating of Neutral and set a new price target of $85.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/20/2024 | $102.00 | Hold | Jefferies |
| 4/10/2024 | $88.00 | Neutral | Goldman |
| 2/2/2024 | $90.00 → $84.00 | Neutral → Underweight | JP Morgan |
| 1/4/2024 | $84.00 → $78.00 | Neutral → Underperform | BofA Securities |
| 10/17/2023 | $102.00 → $86.00 | Buy → Neutral | BofA Securities |
| 9/27/2023 | $95.00 | Sector Perform | RBC Capital Mkts |
| 9/11/2023 | $85.00 | Neutral | Ladenburg Thalmann |
| 8/23/2023 | $83.00 | Underweight | Barclays |
On Utility Scam Awareness Day, ComEd, Nicor Gas, Peoples Gas and North Shore Gas provide tips to identify scams used to steal money and personal information from families and businesses As the holiday season approaches, northern Illinois energy companies are joining the Better Business Bureau (BBB) of Chicago and Northern Illinois to warn customers to be on heightened alert for attempted scams, which tend to increase during this time of year. During national Utility Scam Awareness Day, ComEd, Nicor Gas, Peoples Gas and North Shore Gas are reminding families and businesses to stay vigilant to imposters who will show up at homes and businesses, then threaten to turn off utility service if
GREEN BAY, Wis., Nov. 14, 2024 /PRNewswire/ -- Wisconsin Public Service (WPS) is once again earning national recognition for its commitment to world-class reliability and customer service. The company has been named one of the top performing midsize utilities as part of PA Consulting's 2024 ReliabilityOne® Awards. "This award reflects the commitment we make to our customers every day — to ensure they have affordable, reliable and clean energy," said Mike Hooper, president — WPS. "This honor demonstrates the tireless efforts of our employees to provide customers across our region with the industry-leading service and reliability they depend on." Strengthening reliability, improving resilienc
MILWAUKEE, Oct. 31, 2024 /PRNewswire/ -- WEC Energy Group (NYSE:WEC) today reported net income of $240.1 million, or 76 cents per share, for the third quarter of 2024. This compares to earnings of $316.0 million, or $1.00 per share, for last year's third quarter. Third-quarter 2024 earnings include a charge of 6 cents per share related to certain capital expenditures under the Qualifying Infrastructure Plant (QIP) rider that were disallowed by the Illinois Commerce Commission. Excluding this charge, WEC Energy Group's adjusted earnings for the third quarter of 2024 were 82 cents per share — a decrease of 18 cents per share compared to third-quarter 2023 earnings. For the first nine months o
WEC Energy Group (NYSE:WEC) has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 2 1 0 Last 30D 0 1 1 1 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 1 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $88.0, a high estimate of $95.00, and a low estimate of $80.00. A 0.28% drop is evident in
Keybanc analyst Sophie Karp maintains WEC Energy Group (NYSE:WEC) with a Overweight and lowers the price target from $96 to $95.
BMO Capital analyst James Thalacker maintains WEC Energy Group (NYSE:WEC) with a Market Perform and lowers the price target from $90 to $87.
Jefferies initiated coverage of WEC Energy Group with a rating of Hold and set a new price target of $102.00
Goldman initiated coverage of WEC Energy Group with a rating of Neutral and set a new price target of $88.00
JP Morgan downgraded WEC Energy Group from Neutral to Underweight and set a new price target of $84.00 from $90.00 previously
MILWAUKEE, Oct. 31, 2024 /PRNewswire/ -- WEC Energy Group (NYSE:WEC) today reported net income of $240.1 million, or 76 cents per share, for the third quarter of 2024. This compares to earnings of $316.0 million, or $1.00 per share, for last year's third quarter. Third-quarter 2024 earnings include a charge of 6 cents per share related to certain capital expenditures under the Qualifying Infrastructure Plant (QIP) rider that were disallowed by the Illinois Commerce Commission. Excluding this charge, WEC Energy Group's adjusted earnings for the third quarter of 2024 were 82 cents per share — a decrease of 18 cents per share compared to third-quarter 2023 earnings. For the first nine months o
MILWAUKEE, Oct. 24, 2024 /PRNewswire/ -- WEC Energy Group Inc. (NYSE:WEC) will issue its 2024 third-quarter earnings news release before the stock market opens Thursday, Oct. 31. A conference call for investors and security analysts is scheduled for the same day at 1 p.m. Central time. Detailed financial information will be available on the WEC Energy Group website by 6:30 a.m. Central time Oct. 31. To listen to webcast Go to wecenergygroup.com.Under 'Webcasts,' select 'Q3 Earnings' at any point within 15 minutes of the start of the call.To listen to conference call Conference ID: 3088105Live: 888-330-2443. International: 240-789-2728Replay: 800-770-2030. International: 647-362-9199(replay
MILWAUKEE, Oct. 17, 2024 /PRNewswire/ -- The Wisconsin Electric board of directors today declared a quarterly cash dividend of 90 cents per share on the company's Preferred Stock, 3.60% Series, payable Dec. 1, 2024, to stockholders of record on Nov. 14, 2024. The board also declared a quarterly cash dividend of $1.50 per share on the company's Six Per Cent Preferred Stock, payable Jan. 31, 2025, to stockholders of record on Jan. 14, 2025. Wisconsin Electric Power Co., doing business as We Energies, is a subsidiary of WEC Energy Group (NYSE:WEC). The company serves more than 1.1 million electric customers and more than 490,000 natural gas customers in Wisconsin. Go to the We Energies website
4 - WEC ENERGY GROUP, INC. (0000783325) (Issuer)
4 - WEC ENERGY GROUP, INC. (0000783325) (Issuer)
4 - WEC ENERGY GROUP, INC. (0000783325) (Issuer)
SC 13G/A - WEC ENERGY GROUP, INC. (0000783325) (Subject)
SC 13G/A - WEC ENERGY GROUP, INC. (0000783325) (Subject)
SC 13G/A - WEC ENERGY GROUP, INC. (0000783325) (Subject)
8-K - WEC ENERGY GROUP, INC. (0000783325) (Filer)
10-Q - WEC ENERGY GROUP, INC. (0000783325) (Filer)
8-K - WEC ENERGY GROUP, INC. (0000783325) (Filer)
MILWAUKEE, Oct. 17, 2024 /PRNewswire/ -- Warner Baxter, the retired executive chairman and chief executive officer of Ameren Corp., and John Lange, the retired global head of the Energy and Industrials Groups for Barclays PLC, have been appointed to the board of directors of WEC Energy Group (NYSE:WEC). Their appointments are effective Jan. 1, 2025. "We're very pleased that Warner and John have agreed to join our board," said Gale Klappa, chairman. "With their extensive experience in the energy sector, they will add significant depth and expertise to a highly engaged and effective board of directors." Warner Baxter Baxter spent more than 28 years at Ameren Corp., a Fortune 500 energy compan
Badger Meter, Inc. (NYSE:BMI) today announced that Xia Liu, Executive Vice President and Chief Financial Officer of WEC Energy Group (NYSE:WEC), has been appointed to its Board of Directors. The appointment of Ms. Liu increases the size of the Board to ten members. Ms. Liu joined WEC Energy Group in her current role in June 2020 having overall responsibility for strategic and long-range financial planning, corporate forecasting and budgeting, investor relations, treasury, accounting, tax, insurance, and risk management functions. Prior to WEC Energy Group, Ms. Liu served as Executive Vice President and Chief Financial Officer of CenterPoint Energy since 2019. Previously, she spent 21 years