WEC Energy Group (WEC) Set to Release Earnings on Thursday

WEC Energy Group (NYSE:WEC) will likely be announcing its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect the company to post earnings of $0.9710 per share and revenue of $2.27 billion for the quarter. Investors may review the information on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 29, 2026 at 2:00 PM ET.

WEC Energy Group (NYSE:WEC) last released its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $0.91 EPS for the quarter, topping the consensus estimate of $0.80 by $0.11. The firm had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $2.11 billion. The company’s quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.76 earnings per share. On average, analysts expect WEC Energy Group to post $5.60 EPS for the current fiscal year and $6.01 EPS for the next fiscal year.

WEC Energy Group Trading Up 0.4%

WEC stock opened at $111.56 on Wednesday. WEC Energy Group has a 12-month low of $99.80 and a 12-month high of $119.91. The business’s fifty day moving average price is $105.60 and its 200 day moving average price is $111.30.

WEC Energy Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Friday, November 13th will be issued a dividend of $0.9525 per share. This represents a $3.81 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Friday, November 13th.

Insider Activity

In related news, Director Ulice Payne, Jr. sold 980 shares of WEC Energy Group stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $105.58, for a total value of $103,468.40. Following the completion of the transaction, the director directly owned 19,588 shares in the company, valued at approximately $2,068,101.04. This trade represents a 4.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on WEC shares. Weiss Ratings downgraded WEC Energy Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, September 25th. JPMorgan Chase & Co. increased their price target on shares of WEC Energy Group from $120.00 to $124.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Truist Financial reduced their price target on shares of WEC Energy Group from $114.00 to $113.00 and set a “hold” rating on the stock in a research report on Friday, October 16th. Barclays lowered their price objective on shares of WEC Energy Group from $117.00 to $108.00 and set an “equal weight” rating for the company in a research note on Monday, October 19th. Finally, Wall Street Zen upgraded shares of WEC Energy Group from a “sell” rating to a “hold” rating in a report on Tuesday, September 22nd. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $117.88.

About WEC Energy Group

WEC Energy Group, Inc is an energy holding company headquartered in Milwaukee, Wisconsin. Through its operating companies, the company generates and delivers electricity and provides natural gas distribution, storage and related energy services to residential, commercial and industrial customers.

WEC Energy’s principal utility businesses include We Energies and Wisconsin Public Service in Wisconsin, Michigan Gas Utilities, Minnesota Energy Resources, Upper Michigan Energy Resources and North Dakota utility operations.