Vectren (NYSE:VVC) is scheduled to be releasing its earnings data after the market closes on Tuesday, February 20th. Analysts expect Vectren to post earnings of $0.79 per share for the quarter.
Shares of Vectren (VVC) opened at $62.97 on Monday. Vectren has a twelve month low of $54.08 and a twelve month high of $69.86. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.70 and a quick ratio of 0.55. The firm has a market capitalization of $5,226.64, a P/E ratio of 23.24, a PEG ratio of 3.68 and a beta of 0.69.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Thursday, February 15th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.86%. Vectren’s dividend payout ratio (DPR) is 66.42%.
A number of brokerages have recently weighed in on VVC. ValuEngine downgraded Vectren from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Citigroup boosted their price target on Vectren from $66.00 to $75.00 and gave the company a “buy” rating in a report on Monday, November 20th. Guggenheim downgraded Vectren from a “buy” rating to a “neutral” rating in a report on Tuesday, January 2nd. Finally, Wells Fargo & Co set a $58.00 price target on Vectren and gave the company a “hold” rating in a report on Tuesday, February 13th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $66.00.
Vectren Corporation (Vectren) is an energy holding company. The Company segregates its operations into groups, including the Utility Group, the Nonutility Group, and Corporate and Other. The Company’s subsidiary, Vectren Utility Holdings, Inc (Utility Holdings or VUHI), serves as the intermediate holding company for three public utilities: Indiana Gas Company, Inc (Indiana Gas), Southern Indiana Gas and Electric Company (SIGECO) and Vectren Energy Delivery of Ohio, Inc (VEDO).
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