Xcel Energy (XEL) Set to Announce Quarterly Earnings on Thursday

Key Points

• Xcel Energy is expected to report Q3 2026 results before market open on October 29. Analysts forecast earnings of $1.39 per share on revenue of $4.26 billion, with an earnings call scheduled for 10:00 a.m. ET.
• In its prior quarter, Xcel reported EPS of $0.93, beating estimates of $0.79, but revenue fell 5.1% year over year to $3.12 billion and missed expectations.
• The stock has a consensus “Buy” rating and a $89.56 price target, compared with an opening price of $76.78; Xcel also provides a $2.37 annualized dividend, yielding about 3.1%.

Xcel Energy (NASDAQ:XEL - Get Free Report) is anticipated to announce its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect Xcel Energy to announce earnings of $1.39 per share and revenue of $4.26 billion for the quarter. Investors are encouraged to explore the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 29, 2026 at 10:00 AM ET.

Xcel Energy (NASDAQ:XEL - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.79 by $0.14. Xcel Energy had a net margin of 15.28% and a return on equity of 10.65%. The business had revenue of $3.12 billion for the quarter, compared to analysts' expectations of $3.54 billion. During the same period in the previous year, the business earned $1.59 earnings per share. The company's revenue was down 5.1% on a year-over-year basis. On average, analysts expect Xcel Energy to post $4.13 EPS for the current fiscal year and $4.51 EPS for the next fiscal year.

Xcel Energy Price Performance

Shares of NASDAQ XEL opened at $76.78 on Thursday. The stock has a market cap of $47.96 billion, a P/E ratio of 21.04, a P/E/G ratio of 2.55 and a beta of 0.36. The firm's 50-day simple moving average is $74.71 and its 200 day simple moving average is $77.88. Xcel Energy has a fifty-two week low of $68.72 and a fifty-two week high of $84.23. The company has a quick ratio of 0.62, a current ratio of 0.70 and a debt-to-equity ratio of 1.49.

Xcel Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.5925 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $2.37 annualized dividend and a yield of 3.1%. Xcel Energy's dividend payout ratio (DPR) is presently 64.93%.

Wall Street Analyst Weigh In

XEL has been the topic of a number of recent analyst reports. BTIG Research restated a "buy" rating and set a $91.00 price target on shares of Xcel Energy in a research report on Tuesday. KeyCorp reduced their price target on shares of Xcel Energy from $90.00 to $87.00 and set an "overweight" rating for the company in a research note on Tuesday, October 13th. Wall Street Zen upgraded shares of Xcel Energy from a "sell" rating to a "hold" rating in a report on Saturday, September 26th. Royal Bank Of Canada set a $86.00 price objective on shares of Xcel Energy in a research note on Tuesday. Finally, Truist Financial dropped their target price on Xcel Energy from $88.00 to $87.00 and set a "buy" rating on the stock in a report on Wednesday, October 14th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $89.56.

About Xcel Energy

Xcel Energy Inc is a public utility holding company that provides electricity and natural gas services to residential, commercial, and industrial customers. Its operations include the generation, transmission, distribution, and sale of electricity, as well as the distribution and sale of natural gas.

The company serves customers across Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin through operating companies including Northern States Power, Public Service Company of Colorado, Southwestern Public Service Company, and NSP-Wisconsin.

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