Vectren (VVC) to Release Earnings on Tuesday

Vectren (NYSE:VVC) is scheduled to release 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.

Vectren (VVC) opened at $62.52 on Tuesday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.55 and a current ratio of 0.70. Vectren has a 52 week low of $54.04 and a 52 week high of $69.86. The firm has a market capitalization of $5,190.00, a price-to-earnings ratio of 23.07, a price-to-earnings-growth ratio of 3.73 and a beta of 0.69.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Thursday, February 15th will be paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.88%. The ex-dividend date of this dividend is Wednesday, February 14th. Vectren’s dividend payout ratio (DPR) is presently 66.42%.

Several brokerages have weighed in on VVC. Guggenheim cut Vectren from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 2nd. ValuEngine cut Vectren from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, Citigroup raised their price objective on Vectren from $66.00 to $75.00 and gave the company a “buy” rating in a research note on Monday, November 20th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $70.00.

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About Vectren

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).

Earnings History for Vectren (NYSE:VVC)

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