What is KeyCorp’s Estimate for WEC Q2 Earnings?

Posted by Brenda Bartman on Jul 24th, 2026

WEC Energy Group, Inc. (NYSE:WEC – Free Report) – Research analysts at KeyCorp issued their Q2 2026 earnings estimates for WEC Energy Group in a research report issued on Wednesday, July 22nd. KeyCorp analyst S. Karp expects that the utilities provider will post earnings per share of $0.79 for the quarter. KeyCorp currently has a “Overweight” rating and a $117.00 target price on the stock. The consensus estimate for WEC Energy Group’s current full-year earnings is $5.59 per share. KeyCorp also issued estimates for WEC Energy Group’s Q3 2026 earnings at $0.92 EPS, Q4 2026 earnings at $1.43 EPS, FY2028 earnings at $6.47 EPS and FY2029 earnings at $6.97 EPS.

WEC has been the subject of several other research reports. Mizuho set a $124.00 target price on shares of WEC Energy Group in a research note on Wednesday, May 6th. Truist Financial upped their price target on WEC Energy Group from $119.00 to $122.00 and gave the company a “hold” rating in a report on Thursday, July 16th. Wells Fargo & Company reiterated an “overweight” rating and issued a $127.00 price objective on shares of WEC Energy Group in a research report on Tuesday, April 21st. Barclays lifted their price objective on WEC Energy Group from $111.00 to $117.00 and gave the stock an “equal weight” rating in a report on Monday, April 20th. Finally, JPMorgan Chase & Co. boosted their price objective on WEC Energy Group from $120.00 to $124.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $123.20.

View Our Latest Analysis on WEC

WEC Energy Group Stock Performance

NYSE WEC opened at $114.65 on Friday. The company’s fifty day moving average is $113.69 and its two-hundred day moving average is $113.47. WEC Energy Group has a 52-week low of $102.95 and a 52-week high of $119.91. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.68 and a quick ratio of 0.54. The firm has a market capitalization of $37.35 billion, a price-to-earnings ratio of 22.89, a P/E/G ratio of 1.96 and a beta of 0.47.

WEC Energy Group (NYSE:WEC – Get Free Report) last released its earnings results on Tuesday, May 5th. The utilities provider reported $2.45 EPS for the quarter, beating the consensus estimate of $2.30 by $0.15. WEC Energy Group had a net margin of 16.25% and a return on equity of 12.72%. The firm had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $3.32 billion. During the same period in the prior year, the company earned $2.27 EPS. The business’s quarterly revenue was up 9.0% compared to the same quarter last year. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Godfrey Financial Associates Inc. acquired a new stake in shares of WEC Energy Group during the fourth quarter worth approximately $25,000. Torren Management LLC bought a new stake in shares of WEC Energy Group in the 4th quarter valued at $26,000. Osterweis Capital Management Inc. acquired a new stake in WEC Energy Group during the 2nd quarter worth $27,000. Physician Wealth Advisors Inc. lifted its holdings in WEC Energy Group by 113.9% during the first quarter. Physician Wealth Advisors Inc. now owns 246 shares of the utilities provider’s stock worth $28,000 after acquiring an additional 131 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. grew its stake in WEC Energy Group by 972.7% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 236 shares of the utilities provider’s stock valued at $28,000 after acquiring an additional 214 shares during the period. 77.20% of the stock is owned by institutional investors.

Insider Activity at WEC Energy Group

In related news, EVP Daniel Krueger sold 4,665 shares of the business’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $110.96, for a total value of $517,628.40. Following the sale, the executive vice president owned 7,346 shares of the company’s stock, valued at $815,112.16. The trade was a 38.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.46% of the stock is owned by company insiders.

WEC Energy Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be given a dividend of $0.9525 per share. This represents a $3.81 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Friday, August 14th. WEC Energy Group’s dividend payout ratio (DPR) is 76.05%.

About WEC Energy Group

(Get Free Report)

WEC Energy Group is a Milwaukee, Wisconsin–based regulated energy holding company whose primary businesses are the generation, transmission and distribution of electricity and the distribution of natural gas. The company operates through a set of utility subsidiaries that provide bundled energy service, customer billing and energy-related programs to residential, commercial and industrial customers. As a regulated utility group, WEC’s operations focus on delivering reliable service while managing infrastructure investment and compliance with state and federal utility regulation.

Its utility subsidiaries include well-known regional operators such as We Energies and Wisconsin Public Service, along with Chicago-area natural gas utilities that were part of the Integrys Energy Group acquisition.