WEC Energy Group (WEC)
NYSEUtilitiesUtilities - Regulated ElectricSnapshot 2026-07-07
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Track WEC free→NYSEUtilitiesUtilities - Regulated ElectricSnapshot 2026-07-07
Reading WEC? This analysis is rebuilt every market day. Get it tracked free. No credit card.
Track WEC free→WEC Energy serves 4.4 million customers with steady demand. It aims for $5.51 to $5.61 EPS in 2026. Dividends rose 6.7% to $3.81, its 23rd yearly increase. The company beat Q1 earnings with 9% revenue growth.
EPS growth could slow below $5.51 in 2026. Dividend growth may stall. Rising costs or regulation could hurt profits.
The price is about 10% above our fair value near $107. Analysts expect about 5% revenue growth. Our fair value is 14% below the Street median, so the market is fairly priced.
Breaks if: Dividend does not increase or falls below $3.81
WEC Energy Group aims to increase dividends for the 23rd consecutive year, maintaining its top-decile dividend growth.
Stated in 3 of last 3 quarters. The dividend was increased by 6.7% to $3.81 per share in 2026-Q1, marking the 23rd consecutive year of increases. This aligns with management's commitment to top-decile dividend growth, delivering on their stated priority.
Breaks if: EPS falls below $5.51 in FY26
Management continues to reaffirm its 2026 earnings guidance range of $5.51 to $5.61 per share.
Stated in 3 of last 3 quarters. The company has consistently reaffirmed its 2026 EPS guidance of $5.51 to $5.61 per share. With net income of $725.5 million in 2026-Q2 and $806.1 million in 2026-Q1, the trajectory appears on track to meet the guidance range.
Breaks if: Revenue growth falls below 4.8% YoY
Standing thesis, reviewed periodically — not a price target or advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“In January, dividend was raised by 6.7% to a new annual rate of $3.81 per share.”
“23rd consecutive year of rewarding shareholders with higher dividends.”
“Increase dividends for 23rd consecutive year.”
“The company is reaffirming its 2026 earnings guidance of $5.51 to $5.61 per share.”
“The company reaffirmed its earnings guidance for 2026.”
“Reaffirm 2026 EPS guidance of $5.51 to $5.61.”