Brokers Issue Forecasts for Xcel Energy FY2026 Earnings

Xcel Energy Inc. (NASDAQ:XEL) – Stock analysts at Scotiabank issued their FY2026 earnings per share estimates for shares of Xcel Energy in a research note issued to investors on Thursday, October 1st. Scotiabank analyst I. Rapp forecasts that the company will post earnings of $4.12 per share for the year. Scotiabank has a “Strong-Buy” rating on the stock. The consensus estimate for Xcel Energy’s current full-year earnings is $4.12 per share. Scotiabank also issued estimates for Xcel Energy’s FY2027 earnings at $4.47 EPS.

Several other analysts have also recently weighed in on XEL. Wall Street Zen upgraded shares of Xcel Energy from a “sell” rating to a “hold” rating in a report on Saturday, September 26th. BTIG Research restated a “buy” rating and issued a $99.00 price objective on shares of Xcel Energy in a report on Friday, July 31st. Morgan Stanley dropped their target price on shares of Xcel Energy from $89.00 to $83.00 and set an “equal weight” rating for the company in a research report on Friday, September 18th. Mizuho set a $92.00 target price on shares of Xcel Energy in a research note on Friday, July 31st. Finally, BMO Capital Markets cut their target price on shares of Xcel Energy from $95.00 to $92.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 22nd. Three analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $91.65.

Xcel Energy Price Performance

Shares of Xcel Energy stock opened at $72.73 on Monday. The company has a quick ratio of 0.62, a current ratio of 0.70 and a debt-to-equity ratio of 1.49. The company has a market cap of $45.43 billion, a PE ratio of 19.93, a P/E/G ratio of 2.42 and a beta of 0.36. The business has a 50 day moving average of $75.35 and a 200 day moving average of $78.16. Xcel Energy has a 52 week low of $68.72 and a 52 week high of $84.23.

Xcel Energy (NASDAQ:XEL) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.14. The business had revenue of $3.12 billion during the quarter, compared to analysts’ expectations of $3.54 billion. Xcel Energy had a return on equity of 10.65% and a net margin of 15.28%.The business’s revenue was down 5.1% on a year-over-year basis. During the same quarter last year, the business posted $1.59 EPS.

Institutional Trading of Xcel Energy

Hedge funds have recently modified their holdings of the business. KCM Investment Advisors LLC increased its stake in shares of Xcel Energy by 1.9% during the first quarter. KCM Investment Advisors LLC now owns 7,549 shares of the company’s stock worth $600,000 after buying an additional 140 shares during the period. Cidel Asset Management Inc. raised its holdings in Xcel Energy by 3.3% in the second quarter. Cidel Asset Management Inc. now owns 4,692 shares of the company’s stock valued at $377,000 after acquiring an additional 149 shares in the last quarter. Ullmann Wealth Partners Group LLC lifted its stake in Xcel Energy by 5.5% in the fourth quarter. Ullmann Wealth Partners Group LLC now owns 2,998 shares of the company’s stock worth $243,000 after acquiring an additional 155 shares during the last quarter. Birchwood Financial Partners Inc. lifted its stake in Xcel Energy by 1.7% in the first quarter. Birchwood Financial Partners Inc. now owns 9,252 shares of the company’s stock worth $735,000 after acquiring an additional 158 shares during the last quarter. Finally, Parallel Advisors LLC grew its holdings in Xcel Energy by 2.3% during the 4th quarter. Parallel Advisors LLC now owns 7,105 shares of the company’s stock worth $525,000 after acquiring an additional 160 shares in the last quarter. Institutional investors own 78.38% of the company’s stock.

Xcel Energy Announces Dividend

The company 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 dividend of $0.5925 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.37 annualized dividend and a yield of 3.3%. Xcel Energy’s dividend payout ratio (DPR) is currently 64.93%.

Xcel Energy Company Profile

Xcel Energy Inc is a Minneapolis-based energy company that provides electricity and natural gas through regulated utility operations. Its businesses generate, transmit, distribute and sell electricity, as well as distribute natural gas to residential, commercial and industrial customers.

Through its operating companies, Xcel Energy serves customers in Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. The company’s operations include a diverse generation portfolio featuring wind, solar, hydroelectric, nuclear, natural gas and other energy resources.