Xcel Energy Stock Earnings Estimates Increased by KeyCorp

Xcel Energy Inc. (NASDAQ:XEL) – Investment analysts at KeyCorp increased their Q3 2026 earnings estimates for Xcel Energy in a research note issued to investors on Monday, October 12th. KeyCorp analyst S. Karp now expects that the company will post earnings of $1.37 per share for the quarter, up from their prior forecast of $1.30. KeyCorp has an “Overweight” rating and a $87.00 price objective on the stock. The consensus estimate for Xcel Energy’s current full-year earnings is $4.13 per share.

XEL has been the subject of a number of other research reports. Mizuho set a $92.00 price objective on Xcel Energy in a report on Friday, July 31st. BMO Capital Markets lowered their price objective on Xcel Energy from $95.00 to $92.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 22nd. Jefferies Financial Group set a $101.00 price objective on Xcel Energy in a research report on Tuesday, July 7th. Wall Street Zen raised Xcel Energy from a “sell” rating to a “hold” rating in a report on Saturday, September 26th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Xcel Energy from $91.00 to $102.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $91.41.

Xcel Energy Stock Performance

Shares of XEL stock opened at $75.36 on Thursday. Xcel Energy has a 52 week low of $68.72 and a 52 week high of $84.23. The company has a market capitalization of $47.07 billion, a price-to-earnings ratio of 20.65, a PEG ratio of 2.48 and a beta of 0.36. The company has a 50-day simple moving average of $74.87 and a 200 day simple moving average of $78.00. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.62 and a current ratio of 0.70.

Xcel Energy (NASDAQ:XEL) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.14. The company had revenue of $3.12 billion for the quarter, compared to analyst estimates of $3.54 billion. Xcel Energy had a net margin of 15.28% and a return on equity of 10.65%. The company’s revenue was down 5.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.59 earnings per share.

Xcel Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders of record on Tuesday, September 15th will be given a $0.5925 dividend. This represents a $2.37 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Tuesday, September 15th. Xcel Energy’s payout ratio is presently 64.93%.

Institutional Investors Weigh In On Xcel Energy

Institutional investors have recently made changes to their positions in the stock. BlackRock Inc. acquired a new position in Xcel Energy in the 2nd quarter valued at $4,890,136,000. State Street Corp grew its holdings in shares of Xcel Energy by 4.8% during the 2nd quarter. State Street Corp now owns 38,896,012 shares of the company’s stock worth $3,145,176,000 after purchasing an additional 1,770,356 shares in the last quarter. Bank of America Corp DE increased its position in shares of Xcel Energy by 1.7% in the second quarter. Bank of America Corp DE now owns 29,933,748 shares of the company’s stock worth $2,403,680,000 after purchasing an additional 491,937 shares during the period. GQG Partners LLC acquired a new position in Xcel Energy in the second quarter valued at about $891,688,000. Finally, Pictet Asset Management Holding SA raised its stake in Xcel Energy by 37.1% in the first quarter. Pictet Asset Management Holding SA now owns 8,871,863 shares of the company’s stock valued at $704,780,000 after purchasing an additional 2,399,089 shares in the last quarter. 78.38% of the stock is currently owned by institutional investors.

Xcel Energy News Summary

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

• Positive Sentiment: KeyCorp raised its EPS estimates to $4.19 for FY2026, $4.56 for FY2027, $4.97 for FY2028, $5.43 for FY2029 and $5.93 for FY2030, while retaining an Overweight rating. The higher forecasts suggest improving expectations for Xcel’s long-term earnings trajectory. KeyBanc Adjusts Xcel Energy Price Target to $87 From $90
• Positive Sentiment: KeyCorp’s $87 target remains above Xcel Energy’s recent trading level, indicating potential upside despite the reduction from $90. The company’s current-year consensus EPS estimate is approximately $4.12. Xcel Energy Analyst Estimates
• Neutral Sentiment: An earnings preview is drawing attention to Xcel Energy ahead of its quarterly results. The report could increase near-term volatility as investors assess whether the utility can meet or exceed earnings expectations. Xcel Energy Earnings Preview: What to Expect
• Neutral Sentiment: Xcel Energy was included in a Zacks screen of utility stocks with potential to beat quarterly earnings estimates, offering a modestly favorable signal but not a company-specific earnings confirmation. Utilities Stocks That Could Beat Earnings
• Negative Sentiment: Barclays lowered its Xcel Energy price target to $85 from $90. Although the revised target remains above the recent share price, the cut suggests more limited near-term upside than previously expected. Barclays Adjusts Price Target on Xcel Energy

About Xcel Energy

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.