Xcel Energy (NASDAQ:XEL) Posts Earnings Results, Beats Estimates By $0.14 EPS

Xcel Energy (NASDAQ:XEL) released its quarterly earnings results on Wednesday. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.14, FiscalAI reports. Xcel Energy had a return on equity of 10.37% and a net margin of 14.14%.The business had revenue of $3.12 billion during the quarter, compared to analyst estimates of $3.54 billion. During the same quarter in the previous year, the company posted $1.59 earnings per share. Xcel Energy’s revenue for the quarter was down 5.1% on a year-over-year basis.

Xcel Energy Stock Performance

Shares of NASDAQ:XEL traded down $0.52 during trading on Thursday, hitting $78.23. The stock had a trading volume of 7,170,788 shares, compared to its average volume of 4,491,008. The company has a quick ratio of 0.68, a current ratio of 0.77 and a debt-to-equity ratio of 1.45. Xcel Energy has a 12-month low of $69.16 and a 12-month high of $84.23. The stock has a market capitalization of $48.84 billion, a price-to-earnings ratio of 20.40, a price-to-earnings-growth ratio of 2.05 and a beta of 0.39. The stock has a 50-day simple moving average of $79.60 and a two-hundred day simple moving average of $79.45.

Xcel Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders of record on Tuesday, September 15th will be issued a $0.5925 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.37 dividend on an annualized basis and a dividend yield of 3.0%. Xcel Energy’s dividend payout ratio is currently 68.30%.

Xcel Energy News Summary

Here are the key news stories impacting Xcel Energy this week:

• Positive Sentiment: Xcel reported second-quarter GAAP and ongoing earnings of $0.93 per share, well above the $0.79 analyst consensus. Net income rose to $586 million from $444 million a year earlier. Higher infrastructure investment recovery and lower power costs helped drive the improvement. Xcel Energy Second Quarter 2026 Earnings Report
• Positive Sentiment: The company declared a quarterly dividend of $0.5925 per share, equivalent to an annualized payout of approximately $2.37 and a yield near 3%. The dividend supports Xcel’s appeal to income-focused investors.
• Positive Sentiment: Management’s earnings-call discussion highlighted continued infrastructure investment and associated regulatory recovery, potentially supporting longer-term rate-base growth. Xcel Energy Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Xcel elected Peter Carter, Delta Air Lines’ president, to its board. The appointment adds an executive with experience in strategy, policy and sustainability, but is unlikely to materially affect near-term earnings. Xcel Energy Elects Peter Carter to Board of Directors
• Negative Sentiment: Revenue totaled $3.12 billion, below the $3.54 billion consensus estimate and down 5.1% year over year. The revenue miss may be weighing on the stock despite the EPS beat, particularly because utility investors focus on the durability of underlying growth. Xcel Q2 Earnings Beat Estimates on Infrastructure Investment Recovery

Analysts Set New Price Targets

A number of research analysts recently commented on XEL shares. Truist Financial boosted their price target on Xcel Energy from $92.00 to $94.00 and gave the stock a “buy” rating in a report on Thursday, July 16th. Evercore reiterated an “outperform” rating and issued a $96.00 target price on shares of Xcel Energy in a research report on Monday, May 4th. New Street Research set a $91.00 price target on Xcel Energy in a research note on Tuesday, June 23rd. Barclays increased their price objective on shares of Xcel Energy from $87.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday, July 9th. Finally, Morgan Stanley set a $89.00 price objective on shares of Xcel Energy in a research note on Wednesday, June 24th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $92.65.

Hedge Funds Weigh In On Xcel Energy

A number of institutional investors have recently bought and sold shares of XEL. Garton & Associates Financial Advisors LLC acquired a new stake in shares of Xcel Energy in the fourth quarter worth $30,000. Advocate Investing Services LLC purchased a new position in Xcel Energy during the fourth quarter valued at approximately $38,000. Ankerstar Wealth LLC acquired a new position in Xcel Energy in the fourth quarter valued at approximately $40,000. Measured Wealth Private Client Group LLC purchased a new stake in Xcel Energy in the 3rd quarter worth approximately $42,000. Finally, Gilpin Wealth Management LLC acquired a new stake in shares of Xcel Energy during the 4th quarter worth approximately $43,000. 78.38% of the stock is owned by hedge funds and other institutional investors.

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.