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NASDAQ:XEL

Xcel Energy (XEL) Stock Price, News & Analysis

$57.36
+0.49 (+0.86%)
(As of 07/26/2024 ET)
Today's Range
$57.10
$57.67
50-Day Range
$52.11
$57.36
52-Week Range
$46.79
$64.77
Volume
3.43 million shs
Average Volume
4.51 million shs
Market Capitalization
$31.87 billion
P/E Ratio
17.23
Dividend Yield
3.82%
Price Target
$62.00

Xcel Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
8.1% Upside
$62.00 Price Target
Short Interest
Healthy
1.52% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.14mentions of Xcel Energy in the last 14 days
Based on 22 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.89%
From $3.55 to $3.83 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.38 out of 5 stars

Utilities Sector

55th out of 90 stocks

Electric & Other Services Combined Industry

14th out of 18 stocks

XEL stock logo

About Xcel Energy Stock (NASDAQ:XEL)

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. It also purchases, transports, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects and nonregulated assets, as well as procures equipment for the construction of renewable generation facilities. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. The company was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.

XEL Stock Price History

XEL Stock News Headlines

Nvidia’s Quiet $1 Trillion Pivot
Nvidia recently added $277 billion in market cap … IN ONE DAY.
Xcel Energy (XEL) to Release Quarterly Earnings on Thursday
Is Xcel Energy Inc.'s (NASDAQ:XEL) ROE Of 10% Impressive?
Nvidia’s Quiet $1 Trillion Pivot
Nvidia recently added $277 billion in market cap … IN ONE DAY.
See More Headlines
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Company Calendar

Last Earnings
4/25/2024
Ex-Dividend for 7/20 Dividend
6/14/2024
Dividend Payable
7/20/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric & other services combined
Sub-Industry
Utilities
Current Symbol
NASDAQ:XEL
Employees
11,311
Year Founded
1909

Price Target and Rating

Average Stock Price Target
$62.00
High Stock Price Target
$68.00
Low Stock Price Target
$57.00
Potential Upside/Downside
+8.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
11 Analysts

Profitability

Net Income
$1.77 billion
Pretax Margin
12.49%

Debt

Sales & Book Value

Annual Sales
$14.21 billion
Cash Flow
$8.14 per share
Book Value
$31.92 per share

Miscellaneous

Free Float
555,139,000
Market Cap
$31.85 billion
Optionable
Optionable
Beta
0.37

Social Links

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Key Executives

  • Mr. Robert C. FrenzelMr. Robert C. Frenzel (Age 53)
    President, CEO & Chairman
    Comp: $3.18M
  • Mr. Brian J. Van Abel (Age 42)
    Executive VP, CFO & Principal Accounting Officer
    Comp: $1.65M
  • Mr. Timothy John O'ConnorMr. Timothy John O'Connor (Age 64)
    Executive VP & COO
    Comp: $1.59M
  • Ms. Patricia Correa (Age 50)
    Senior VP, Human Resources & Employee Services and Chief Human Resources Officer
    Comp: $1.42M
  • Ms. Amanda J. Rome (Age 43)
    Executive VP, Group President of Utilities & Chief Customer Officer
    Comp: $1.44M
  • Mr. Tim Peterson
    Senior VP & CTO
  • Mr. Paul Andrew Johnson (Age 64)
    VP of Investor Relations & Treasurer
  • Mr. Ryan Long
    President of Minnesota, North Dakota & South Dakota and General Counsel
  • Justin Tomljanovic
    Vice President of Corporate Development
  • Mr. Jeffrey S. Savage (Age 52)
    Senior VP and Chief Audit & Financial Services Officer

Should I Buy Xcel Energy Stock? XEL Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Xcel Energy Inc.:

  • Xcel Energy's current stock price is at an attractive level, potentially offering a good entry point for investors.
  • The company has a consistent track record of paying dividends, providing a source of income for investors.
  • Xcel Energy has a strong presence in the regulated electric utility sector, which offers stability and predictable cash flows.
  • Recent earnings reports have shown that Xcel Energy has been able to exceed analyst expectations, indicating strong financial performance.
  • The company's moderate buy rating and consensus target price suggest positive sentiment from analysts and potential for stock price appreciation.

Cons

Investors should be bearish about investing in Xcel Energy Inc. for these reasons:

  • Xcel Energy's stock price has been trending downwards recently, which may indicate underlying challenges or market concerns.
  • The company's revenue in the most recent quarter was below analyst estimates, raising questions about its growth prospects.
  • With a debt-to-equity ratio of 1.48, Xcel Energy carries a relatively high level of debt, which could pose risks in a changing economic environment.
  • The decrease in the company's revenue compared to the same quarter last year suggests potential challenges in maintaining growth and profitability.
  • While Xcel Energy has a dividend yield of 4.08%, the payout ratio of 65.77% indicates a significant portion of earnings being distributed as dividends, potentially limiting reinvestment for growth.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these Xcel Energy pros and cons to contact@marketbeat.com.

XEL Stock Analysis - Frequently Asked Questions

How have XEL shares performed this year?

Xcel Energy's stock was trading at $61.91 on January 1st, 2024. Since then, XEL shares have decreased by 7.3% and is now trading at $57.36.
View the best growth stocks for 2024 here
.

How were Xcel Energy's earnings last quarter?

Xcel Energy Inc. (NASDAQ:XEL) released its earnings results on Thursday, April, 25th. The company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.08. Xcel Energy's quarterly revenue was down 10.6% compared to the same quarter last year.
Read the conference call transcript
.

Does Xcel Energy have any subsidiaries?

Xcel Energy subsidiaries include these companies: Nicollet Holdings Company LLC, Nicollet Project Holdings LLC, Northern States Power Company (a Minnesota corporation), Northern States Power Company (a Wisconsin corporation), Public Service Company of Colorado, Southwestern Public Service Company, WestGas InterState Inc., and more.

Who are Xcel Energy's major shareholders?

Top institutional investors of Xcel Energy include Bank of New York Mellon Corp (0.68%), Sumitomo Mitsui Trust Holdings Inc. (0.27%), Raymond James & Associates (0.20%) and Assenagon Asset Management S.A. (0.09%). Insiders that own company stock include Kim Williams, Frank P Prager, Brett C Carter, Timothy John O'connor and Benjamin G S Fowke III.
View institutional ownership trends
.

How do I buy shares of Xcel Energy?

Shares of XEL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:XEL) was last updated on 7/26/2024 by MarketBeat.com Staff

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