Xcel Energy (NASDAQ:XEL) Issues FY 2026 Earnings Guidance

Key Points

• Xcel Energy issued FY 2026 EPS guidance of $4.04–$4.16, compared with analysts’ consensus estimate of $4.11; no revenue guidance was provided.
• The company reported quarterly EPS of $0.93, beating the $0.79 consensus, although revenue of $3.12 billion fell short of estimates and declined 5.1% year over year.
• Xcel declared a quarterly dividend of $0.5925, equating to a $2.37 annualized payout and a 3.0% yield. Analysts maintain a consensus “Buy” rating with an average price target of $92.41.

Xcel Energy (NASDAQ:XEL - Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 4.040-4.160 for the period, compared to the consensus estimate of 4.110. The company issued revenue guidance of -.

Xcel Energy Trading Down 0.9%

Shares of NASDAQ:XEL traded down $0.70 on Thursday, hitting $78.71. 5,243,022 shares of the company's stock were exchanged, compared to its average volume of 5,149,299. Xcel Energy has a 12 month low of $71.29 and a 12 month high of $84.23. The stock has a market capitalization of $49.16 billion, a price-to-earnings ratio of 21.56, a price-to-earnings-growth ratio of 2.06 and a beta of 0.39. The business's 50 day simple moving average is $79.40 and its two-hundred day simple moving average is $79.70. The company has a debt-to-equity ratio of 1.49, a current ratio of 0.70 and a quick ratio of 0.62.

Xcel Energy (NASDAQ:XEL - Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.79 by $0.14. The firm had revenue of $3.12 billion during the quarter, compared to analyst estimates of $3.54 billion. Xcel Energy had a net margin of 15.28% and a return on equity of 10.65%. The business's revenue was down 5.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.59 earnings per share. Analysts anticipate that Xcel Energy will post 4.11 EPS for the current fiscal year.

Xcel Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 20th. Shareholders of record on Tuesday, September 15th will be given a $0.5925 dividend. This represents a $2.37 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Tuesday, September 15th. Xcel Energy's payout ratio is 64.93%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. raised their target price on shares of Xcel Energy from $91.00 to $102.00 and gave the stock an "overweight" rating in a research report on Thursday, July 16th. Evercore reiterated an "outperform" rating and issued a $96.00 price target on shares of Xcel Energy in a report on Monday, May 4th. KeyCorp reissued an "overweight" rating on shares of Xcel Energy in a research note on Monday, June 8th. Barclays raised their price objective on Xcel Energy from $87.00 to $90.00 and gave the stock an "overweight" rating in a report on Thursday, July 9th. Finally, Wall Street Zen lowered Xcel Energy from a "hold" rating to a "sell" rating in a research report on Saturday, May 9th. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, Xcel Energy currently has a consensus rating of "Buy" and an average target price of $92.41.

Institutional Investors Weigh In On Xcel Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of XEL. State Street Corp increased its position in shares of Xcel Energy by 1.2% during the fourth quarter. State Street Corp now owns 36,340,645 shares of the company's stock worth $2,704,534,000 after purchasing an additional 444,092 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Xcel Energy by 9.0% during the 2nd quarter. Bank of America Corp DE now owns 26,262,079 shares of the company's stock valued at $1,788,448,000 after purchasing an additional 2,157,602 shares during the last quarter. Invesco Ltd. boosted its position in shares of Xcel Energy by 1.8% in the 4th quarter. Invesco Ltd. now owns 7,922,885 shares of the company's stock worth $585,184,000 after purchasing an additional 140,016 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Xcel Energy by 0.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,837,328 shares of the company's stock worth $283,425,000 after buying an additional 28,647 shares during the last quarter. Finally, Bank of Montreal Can grew its stake in Xcel Energy by 113.5% during the 4th quarter. Bank of Montreal Can now owns 3,096,187 shares of the company's stock worth $228,684,000 after buying an additional 1,646,220 shares during the last quarter. Hedge funds and other institutional investors own 78.38% of the company's stock.

About Xcel Energy

Xcel Energy NASDAQ: XEL is a Minneapolis-based, publicly traded utility holding company that develops, owns and operates regulated electricity and natural gas delivery systems. The company's core activities include generation, transmission and distribution of electricity, the delivery of natural gas to customers, and related customer service operations. Xcel provides a mix of utility services to residential, commercial and industrial customers and participates in wholesale energy markets where appropriate.

Its generation portfolio combines nuclear, natural gas, coal and a growing share of renewable resources such as wind and solar.

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