Xcel Energy (NASDAQ:XEL – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 4.040-4.160 for the period, compared to the consensus earnings per share estimate of 4.110. The company issued revenue guidance of -.
Analyst Ratings Changes
Several research analysts recently issued reports on XEL shares. Truist Financial dropped their price objective on Xcel Energy from $94.00 to $88.00 and set a “buy” rating on the stock in a research note on Thursday, August 13th. Evercore restated an “outperform” rating and issued a $96.00 price objective on shares of Xcel Energy in a report on Monday, May 4th. KeyCorp reiterated an “overweight” rating on shares of Xcel Energy in a report on Monday, June 8th. Morgan Stanley set a $89.00 target price on shares of Xcel Energy in a research report on Wednesday, June 24th. Finally, Wall Street Zen cut shares of 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 company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $92.41.
Get Our Latest Analysis on XEL
Xcel Energy Trading Down 0.9%
Xcel Energy (NASDAQ:XEL – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.14. Xcel Energy had a net margin of 15.28% and a return on equity of 10.65%. The business had revenue of $3.12 billion for the quarter, compared to analyst estimates of $3.54 billion. During the same period in the previous year, the company earned $1.59 earnings per share. The business’s revenue for the quarter was down 5.1% on a year-over-year basis. As a group, sell-side analysts forecast that Xcel Energy will post 4.11 EPS for the current fiscal year.
Xcel Energy Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 20th. Investors of record on Tuesday, September 15th will be paid a $0.5925 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.37 dividend on an annualized basis and a yield of 3.0%. Xcel Energy’s dividend payout ratio (DPR) is 64.93%.
Institutional Investors Weigh In On Xcel Energy
Several institutional investors and hedge funds have recently made changes to their positions in XEL. Quadrant Capital Group LLC boosted its stake in shares of Xcel Energy by 1.7% during the 3rd quarter. Quadrant Capital Group LLC now owns 7,358 shares of the company’s stock worth $593,000 after acquiring an additional 125 shares in the last quarter. Keel Point LLC raised its stake in Xcel Energy by 2.6% in the 4th quarter. Keel Point LLC now owns 5,485 shares of the company’s stock valued at $405,000 after purchasing an additional 137 shares during the last quarter. GeoWealth Management LLC raised its position in shares of Xcel Energy by 4.8% in the third quarter. GeoWealth Management LLC now owns 3,185 shares of the company’s stock valued at $257,000 after buying an additional 145 shares during the last quarter. Moneta Group Investment Advisors LLC lifted its stake in shares of Xcel Energy by 4.1% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 3,849 shares of the company’s stock worth $310,000 after purchasing an additional 152 shares during the period. Finally, Andra AP fonden lifted its position in Xcel Energy by 1.0% during the fourth quarter. Andra AP fonden now owns 17,722 shares of the company’s stock worth $1,309,000 after buying an additional 169 shares during the period. 78.38% of the stock is currently owned by institutional investors and hedge funds.
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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