What is KeyCorp's Forecast for Xcel Energy FY2027 Earnings?

Key Points

• KeyCorp has projected Xcel Energy's FY2027 earnings per share (EPS) at $4.46, which is significantly higher than the current consensus estimate of $3.82 EPS for the year.
• Several brokerages have recently raised their price targets for Xcel Energy, with Barclays, BMO Capital Markets, and Jefferies Financial Group setting targets ranging from $81.00 to $92.00.
• Xcel Energy reported a quarterly EPS of $0.75, exceeding the consensus estimate, and announced a dividend of $0.57 per share, with a yield of 2.8%.

Xcel Energy Inc. (NASDAQ:XEL - Free Report) - Research analysts at KeyCorp issued their FY2027 EPS estimates for shares of Xcel Energy in a research note issued on Wednesday, October 15th. KeyCorp analyst S. Karp expects that the company will post earnings per share of $4.46 for the year. KeyCorp currently has a "Overweight" rating and a $85.00 target price on the stock. The consensus estimate for Xcel Energy's current full-year earnings is $3.82 per share. KeyCorp also issued estimates for Xcel Energy's FY2028 earnings at $4.80 EPS.

Several other brokerages also recently commented on XEL. Barclays raised their price objective on shares of Xcel Energy from $72.00 to $81.00 and gave the stock an "overweight" rating in a research report on Monday, September 29th. BMO Capital Markets lifted their price target on shares of Xcel Energy from $84.00 to $87.00 and gave the company an "outperform" rating in a research report on Wednesday. Jefferies Financial Group lifted their price target on shares of Xcel Energy from $84.00 to $92.00 and gave the company a "buy" rating in a research report on Thursday. UBS Group lifted their price target on shares of Xcel Energy from $82.00 to $84.00 and gave the company a "neutral" rating in a research report on Friday, October 10th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of Xcel Energy in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $84.92.

Xcel Energy Stock Performance

Shares of XEL stock opened at $81.10 on Friday. The company has a market cap of $47.96 billion, a price-to-earnings ratio of 22.47, a price-to-earnings-growth ratio of 2.89 and a beta of 0.37. Xcel Energy has a 52 week low of $62.58 and a 52 week high of $83.01. The company has a quick ratio of 0.85, a current ratio of 0.96 and a debt-to-equity ratio of 1.48. The firm has a 50 day moving average of $75.24 and a 200-day moving average of $71.61.

Xcel Energy (NASDAQ:XEL - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.66 by $0.09. The company had revenue of $3.29 billion during the quarter, compared to the consensus estimate of $3.31 billion. Xcel Energy had a net margin of 14.85% and a return on equity of 10.52%. The company's quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.54 EPS. Xcel Energy has set its FY 2025 guidance at 3.750-3.850 EPS.

Xcel Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 20th. Shareholders of record on Monday, September 15th will be paid a dividend of $0.57 per share. The ex-dividend date is Monday, September 15th. This represents a $2.28 annualized dividend and a yield of 2.8%. Xcel Energy's dividend payout ratio (DPR) is 63.16%.

Hedge Funds Weigh In On Xcel Energy

Several large investors have recently bought and sold shares of XEL. Brighton Jones LLC bought a new position in Xcel Energy during the 4th quarter valued at $240,000. Wealth Enhancement Advisory Services LLC raised its stake in shares of Xcel Energy by 18.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 472,344 shares of the company's stock worth $33,437,000 after purchasing an additional 73,036 shares during the period. Janney Montgomery Scott LLC raised its stake in shares of Xcel Energy by 2.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 137,451 shares of the company's stock worth $9,730,000 after purchasing an additional 3,344 shares during the period. Sowell Financial Services LLC bought a new stake in shares of Xcel Energy during the 1st quarter worth $353,000. Finally, Sagespring Wealth Partners LLC raised its stake in shares of Xcel Energy by 15.6% during the 1st quarter. Sagespring Wealth Partners LLC now owns 5,242 shares of the company's stock worth $371,000 after purchasing an additional 709 shares during the period. 78.38% of the stock is currently owned by institutional investors.

About Xcel Energy

Xcel Energy Inc, through its subsidiaries, engages in the generation, purchasing, transmission, distribution, and sale of electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through wind, nuclear, hydroelectric, biomass, and solar energy sources, as well as coal, natural gas, oil, wood, and refuse-derived fuels.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.