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WEC Energy Group (WEC)

(Real Time Quote from BATS)

$82.45 USD

82.45
307,338

+0.49 (0.60%)

Updated Apr 24, 2024 11:58 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value D Growth C Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 33% (83 out of 252)

Industry: Utility - Electric Power

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Balance Sheet

Research for WEC

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for WEC Energy Group, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 43 29 16 25 38
Receivables 1,503 1,818 1,506 1,203 1,177
Notes Receivable 0 0 0 0 0
Inventories 775 807 636 529 550
Other Current Assets 474 533 499 327 330
Total Current Assets 2,796 3,188 2,657 2,083 2,094
Net Property & Equipment 31,582 29,114 26,982 25,707 23,620
Investments & Advances 2,006 1,909 1,789 1,764 1,721
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 3,250 3,265 3,265 3,524 3,507
Intangibles 3,053 3,053 3,053 3,053 3,053
Deposits & Other Assets 1,254 1,344 1,242 897 958
Total Assets 43,940 41,872 38,989 37,028 34,952
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 897 1,198 1,006 881 908
Current Portion Long-Term Debt 3,285 2,528 2,066 2,563 1,524
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 174 200
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 933 885 681 531 551
Total Current Liabilities 5,115 4,611 3,753 4,148 3,183
Mortgages 0 0 0 0 0
Deferred Taxes/Income 5,275 4,996 4,698 4,472 4,266
Convertible Debt 0 0 0 0 0
Long-Term Debt 15,513 14,766 13,524 11,728 11,211
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 5,966 5,882 5,901 6,017 6,037
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 31,868 30,256 27,875 26,366 24,697
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 30 30 30 30 30
Common Stock (Par) 3 3 3 3 3
Capital Surplus 4,116 4,115 4,138 4,144 4,187
Retained Earnings 7,613 7,265 6,775 6,330 5,928
Other Equity 309 203 167 156 107
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 12,072 11,617 11,113 10,663 10,255
Total Liabilities & Shareholder's Equity 43,940 41,872 38,989 37,028 34,952
Total Common Equity 12,041 11,586 11,083 10,632 10,224
Shares Outstanding 315.40 315.40 315.40 315.40 315.40
Book Value Per Share 38.18 36.73 35.14 33.71 32.42

Fiscal Year End for WEC Energy Group, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 43 46 55 36
Receivables NA 1,503 1,243 1,315 1,781
Notes Receivable NA 0 0 0 0
Inventories NA 775 750 604 524
Other Current Assets NA 474 405 484 499
Total Current Assets NA 2,796 2,444 2,458 2,839
Net Property & Equipment NA 31,582 31,468 31,010 30,379
Investments & Advances NA 2,006 1,984 1,956 1,922
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 3,250 3,197 3,239 3,313
Intangibles NA 3,053 3,053 3,053 3,053
Deposits & Other Assets NA 1,254 1,297 1,304 1,290
Total Assets NA 43,940 43,442 43,019 42,796
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 897 868 749 680
Current Portion Long-Term Debt NA 3,285 2,262 2,468 2,069
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 933 944 881 1,016
Total Current Liabilities NA 5,115 4,074 4,097 3,766
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 5,275 5,193 5,138 5,070
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 15,513 15,957 15,608 15,827
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 6,119 6,145 6,145
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 31,868 31,341 30,988 30,808
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 30 30 30 30
Common Stock (Par) NA 3 3 3 3
Capital Surplus NA 4,116 4,116 4,115 4,114
Retained Earnings NA 7,613 7,640 7,570 7,527
Other Equity NA 309 310 313 314
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 12,072 12,100 12,031 11,988
Total Liabilities & Shareholder's Equity NA 43,940 43,442 43,019 42,796
Total Common Equity 0 12,041 12,070 12,001 11,957
Shares Outstanding 315.40 315.40 315.40 315.40 315.40
Book Value Per Share 0.00 38.18 38.27 38.05 37.91