NASDAQ:XEL

Xcel Energy (XEL) Stock Price, News & Analysis

$54.96
+0.24 (+0.44%)
(As of 04/22/2024 ET)
Today's Range
$54.47
$55.20
50-Day Range
$48.44
$59.81
52-Week Range
$46.79
$71.32
Volume
4.00 million shs
Average Volume
5.41 million shs
Market Capitalization
$30.53 billion
P/E Ratio
17.12
Dividend Yield
3.98%
Price Target
$62.83

Xcel Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.58 Rating Score
Upside/​Downside
14.3% Upside
$62.83 Price Target
Short Interest
Healthy
1.38% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.46mentions of Xcel Energy in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.58%
From $3.56 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.

4.25 out of 5 stars

Utilities Sector

26th out of 88 stocks

Electric & Other Services Combined Industry

6th out of 19 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

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Xcel Energy (NASDAQ:XEL) PT Lowered to $65.00
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Xcel Energy (XEL) Fell due to a Wildfire in Texas
Mile Highlights: Xcel CEO pay topped $21M
Xcel Energy (NASDAQ:XEL) Upgraded to Hold by StockNews.com
Xcel Energy CEO pay doubled to $21 million in 2023
See More Headlines
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Company Calendar

Last Earnings
1/25/2024
Ex-Dividend for 4/20 Dividend
3/14/2024
Dividend Payable
4/20/2024
Today
4/22/2024
Next Earnings (Confirmed)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$62.83
High Stock Price Target
$75.00
Low Stock Price Target
$54.00
Potential Upside/Downside
+14.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
12 Analysts

Profitability

Net Income
$1.77 billion
Pretax Margin
11.44%

Debt

Sales & Book Value

Annual Sales
$14.21 billion
Cash Flow
$8.05 per share
Book Value
$31.92 per share

Miscellaneous

Free Float
555,137,000
Market Cap
$30.53 billion
Optionable
Optionable
Beta
0.36

Social Links

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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 Inc. has consistently increased its dividend payouts, providing investors with a reliable income stream.
  • The company has a diversified energy generation portfolio, including renewable energy sources like wind, solar, and biomass, which positions it well for the transition to cleaner energy.
  • Analysts have set positive price targets for Xcel Energy, indicating growth potential in the stock price.
  • Xcel Energy's strong net margin and return on equity metrics demonstrate financial stability and efficiency.
  • With a dividend yield of 4.19%, Xcel Energy offers an attractive return compared to other investment options.

Cons

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

  • Xcel Energy's revenue was down 15.1% compared to the same quarter last year, indicating a potential decline in financial performance.
  • The company missed revenue estimates in the previous quarter, which could lead to uncertainty among investors about future earnings.
  • There is a possibility of regulatory challenges in the energy sector impacting Xcel Energy's operations and profitability.
  • Market analysts have issued mixed ratings on Xcel Energy stock, suggesting varying opinions on its investment potential.
  • Investors should consider the current stock price and evaluate whether it aligns with their investment goals and risk tolerance.
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 Wednesday, April 10, 2024. Please send any questions or comments about these Xcel Energy pros and cons to contact@marketbeat.com.

XEL Stock Analysis - Frequently Asked Questions

Should I buy or sell Xcel Energy stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Xcel Energy in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" XEL shares.
View XEL analyst ratings
or view top-rated stocks.

What is Xcel Energy's stock price target for 2024?

12 equities research analysts have issued 1 year price objectives for Xcel Energy's shares. Their XEL share price targets range from $54.00 to $75.00. On average, they predict the company's share price to reach $62.83 in the next twelve months. This suggests a possible upside of 14.3% from the stock's current price.
View analysts price targets for XEL
or view top-rated stocks among Wall Street analysts.

How have XEL shares performed in 2024?

Xcel Energy's stock was trading at $61.91 on January 1st, 2024. Since then, XEL stock has decreased by 11.2% and is now trading at $54.96.
View the best growth stocks for 2024 here
.

When is Xcel Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our XEL earnings forecast
.

How can I listen to Xcel Energy's earnings call?

Xcel Energy will be holding an earnings conference call on Thursday, April 25th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-583-1035 with passcode "2618878#".

How were Xcel Energy's earnings last quarter?

Xcel Energy Inc. (NASDAQ:XEL) announced its quarterly earnings results on Thursday, January, 25th. The company reported $0.83 earnings per share for the quarter, missing the consensus estimate of $0.85 by $0.02. The firm earned $3.44 billion during the quarter, compared to analysts' expectations of $4.01 billion. Xcel Energy had a trailing twelve-month return on equity of 10.78% and a net margin of 12.47%. The firm's revenue for the quarter was down 15.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.69 earnings per share.
Read the conference call transcript
.

How often does Xcel Energy pay dividends? What is the dividend yield for Xcel Energy?

Xcel Energy declared a quarterly dividend on Wednesday, February 21st. Investors of record on Friday, March 15th will be paid a dividend of $0.548 per share on Saturday, April 20th. This represents a $2.19 annualized dividend and a yield of 3.99%. The ex-dividend date is Thursday, March 14th. This is a boost from the stock's previous quarterly dividend of $0.52.
Read our dividend analysis for XEL
.

Is Xcel Energy a good dividend stock?

Xcel Energy (NASDAQ:XEL) pays an annual dividend of $2.19 per share and currently has a dividend yield of 4.07%. XEL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 68.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, XEL will have a dividend payout ratio of 57.18% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for XEL.

What guidance has Xcel Energy issued on next quarter's earnings?

Xcel Energy updated its FY 2024 earnings guidance on Friday, January, 26th. The company provided earnings per share guidance of 3.500-3.600 for the period, compared to the consensus EPS estimate of 3.570. The company issued revenue guidance of -.

Who are Xcel Energy's major shareholders?

Xcel Energy's stock is owned by a number of institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.29%), Raymond James & Associates (0.11%), Wealth Enhancement Advisory Services LLC (0.06%), Stewart & Patten Co. LLC (0.06%), Allspring Global Investments Holdings LLC (0.04%) and Reinhart Partners LLC. (0.04%). Insiders that own company stock include Benjamin G S Fowke III, Benjamin G S Fowke III, Brett C Carter, Christopher B Clark, Darla Figoli, David T Hudson, Frank P Prager, Kim Williams and Timothy John O'connor.
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.

Does Xcel Energy have any subsidiaries?
The following companies are subsidiares of Xcel Energy: 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., Xcel Energy Communications Group Inc. , Xcel Energy International Inc., Xcel Energy Markets Holdings Inc., Xcel Energy Retail Holdings Inc., Xcel Energy Services Inc. , Xcel Energy Transmission Holding Company LLC, Xcel Energy Venture Holdings Inc., Xcel Energy Ventures Inc., Xcel Energy WYCO Inc. , and Xcel Energy Wholesale Group Inc..
Read More
This page (NASDAQ:XEL) was last updated on 4/22/2024 by MarketBeat.com Staff

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