WEC Energy Group (NYSE:WEC – Get Free Report) is one of 52 publicly-traded companies in the “Multi – Utilities” industry, but how does it weigh in compared to its rivals? We will compare WEC Energy Group to related businesses based on the strength of its earnings, analyst recommendations, dividends, valuation, risk, profitability and institutional ownership.
Profitability
This table compares WEC Energy Group and its rivals’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| WEC Energy Group | 17.54% | 13.49% | 3.73% |
| WEC Energy Group Competitors | 8.85% | 14.88% | 4.08% |
Insider and Institutional Ownership
77.2% of WEC Energy Group shares are held by institutional investors. Comparatively, 60.7% of shares of all “Multi – Utilities” companies are held by institutional investors. 0.5% of WEC Energy Group shares are held by insiders. Comparatively, 10.1% of shares of all “Multi – Utilities” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Volatility & Risk
WEC Energy Group has a beta of 0.43, meaning that its share price is 57% less volatile than the S&P 500. Comparatively, WEC Energy Group’s rivals have a beta of 0.69, meaning that their average share price is 31% less volatile than the S&P 500.
Analyst Recommendations
This is a summary of current ratings and target prices for WEC Energy Group and its rivals, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| WEC Energy Group | 1 | 9 | 8 | 0 | 2.39 |
| WEC Energy Group Competitors | 1051 | 4110 | 4430 | 86 | 2.37 |
WEC Energy Group presently has a consensus price target of $118.00, suggesting a potential upside of 2.16%. As a group, “Multi – Utilities” companies have a potential upside of 30.49%. Given WEC Energy Group’s rivals higher probable upside, analysts plainly believe WEC Energy Group has less favorable growth aspects than its rivals.
Dividends
WEC Energy Group pays an annual dividend of $3.81 per share and has a dividend yield of 3.3%. WEC Energy Group pays out 69.1% of its earnings in the form of a dividend. As a group, “Multi – Utilities” companies pay a dividend yield of 9.4% and pay out 33.6% of their earnings in the form of a dividend. WEC Energy Group has increased its dividend for 23 consecutive years. WEC Energy Group lags its rivals as a dividend stock, given its lower dividend yield and higher payout ratio.
Valuation and Earnings
This table compares WEC Energy Group and its rivals revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| WEC Energy Group | $9.80 billion | $1.56 billion | 20.96 |
| WEC Energy Group Competitors | $16.30 billion | $269.64 million | 27.89 |
WEC Energy Group’s rivals have higher revenue, but lower earnings than WEC Energy Group. WEC Energy Group is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Summary
WEC Energy Group rivals beat WEC Energy Group on 11 of the 15 factors compared.
WEC Energy Group Company Profile
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments. The company generates and distributes electricity from coal, natural gas, oil, and nuclear, as well as renewable energy resources, including wind, solar, hydroelectric, and biomass; and distributes and transports natural gas. It also owns, maintains, monitors, and operates electric transmission systems; and generates, distributes, and sells steam. As of December 31, 2023, the company operated approximately 35,500 miles of overhead distribution lines and 36,500 miles of underground distribution cables, as well as 430 electric distribution substations and 523,700 line transformers; approximately 46,400 miles of natural gas distribution mains; 1,700 miles of natural gas transmission mains; 2.4 million natural gas lateral services; 490 natural gas distribution and transmission gate stations; and 69.3 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1896 and is headquartered in Milwaukee, Wisconsin.
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