WEC Energy Group (NYSE:WEC) has received an average “Hold” recommendation from analysts, with a consensus 1-year price target of $120.33 based on ratings from 16 firms. The company recently beat Q4 earnings estimates with $1.42 EPS and $2.54 billion revenue, though revenue declined 8.8% year-over-year. WEC also increased its quarterly dividend to $0.9525, representing an annualized yield of approximately 3.4% and a payout ratio of 72.02%.
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WEC Energy Group, Inc. (NYSE:WEC) Given Average Recommendation of "Hold" by Analysts
WEC Energy Group (NYSE:WEC) has received an average “Hold” recommendation from analysts, with a consensus 1-year price target of $120.33 based on ratings from 16 firms. The company recently beat Q4 earnings estimates with $1.42 EPS and $2.54 billion revenue, though revenue declined 8.8% year-over-year. WEC also increased its quarterly dividend to $0.9525, representing an annualized yield of approximately 3.4% and a payout ratio of 72.02%.