Xcel Energy (NASDAQ:XEL – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday. The company provided EPS 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 -.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on XEL. UBS Group increased their target price on Xcel Energy from $89.00 to $91.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. BMO Capital Markets upped their target price on shares of Xcel Energy from $90.00 to $94.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 22nd. Argus set a $86.00 price target on shares of Xcel Energy in a research report on Thursday, March 12th. Morgan Stanley set a $87.00 price target on Xcel Energy in a research note on Thursday, May 21st. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Xcel Energy in a research note on Wednesday. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $90.62.
Xcel Energy Price Performance
Xcel Energy (NASDAQ:XEL – Get Free Report) last announced its earnings results on Wednesday, April 29th. The company reported $0.91 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.91. Xcel Energy had a net margin of 14.14% and a return on equity of 10.37%. The company had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $4.21 billion. During the same quarter in the previous year, the business posted $0.84 earnings per share. The firm’s quarterly revenue was up 2.9% compared to the same quarter last year. On average, equities research analysts predict that Xcel Energy will post 4.11 EPS for the current fiscal year.
Xcel Energy Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Monday, June 15th will be given a dividend of $0.5925 per share. This represents a $2.37 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Monday, June 15th. Xcel Energy’s payout ratio is currently 68.30%.
Institutional Investors Weigh In On Xcel Energy
A number of large investors have recently bought and sold shares of the stock. Garton & Associates Financial Advisors LLC acquired a new position in shares of Xcel Energy in the fourth quarter worth $30,000. Advocate Investing Services LLC purchased a new stake in Xcel Energy during the 4th quarter worth about $38,000. Ankerstar Wealth LLC acquired a new position in Xcel Energy in the 4th quarter valued at about $40,000. Measured Wealth Private Client Group LLC purchased a new position in Xcel Energy in the 3rd quarter valued at about $42,000. Finally, Gilpin Wealth Management LLC purchased a new position in Xcel Energy in the 4th quarter valued at about $43,000. Institutional investors and hedge funds own 78.38% of the company’s stock.
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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