Xcel Energy (NASDAQ:XEL) Issues Earnings Results

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

Xcel Energy Price Performance

Xcel Energy stock traded down $0.52 during mid-day trading on Thursday, hitting $78.23. 7,170,788 shares of the company were exchanged, compared to its average volume of 5,202,234. Xcel Energy has a 12-month low of $69.16 and a 12-month high of $84.23. The company has a market capitalization of $48.84 billion, a P/E ratio of 22.54, a PEG ratio of 2.09 and a beta of 0.39. The business’s 50 day simple moving average is $79.60 and its two-hundred day simple moving average is $79.45. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.77 and a quick ratio of 0.68.

Xcel Energy Announces Dividend

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

Analyst Ratings Changes

A number of equities research analysts recently weighed in on XEL shares. Mizuho lowered their price target on Xcel Energy from $94.00 to $91.00 and set an “outperform” rating on the stock in a report on Tuesday, June 23rd. Truist Financial lifted their price objective on Xcel Energy from $92.00 to $94.00 and gave the stock a “buy” rating in a report on Thursday, July 16th. BMO Capital Markets decreased their target price 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. Barclays upped their target price on Xcel Energy from $87.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, July 9th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Xcel Energy in a research report on Wednesday, June 17th. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $92.65.

Xcel Energy News Summary

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

• Positive Sentiment: Xcel reported GAAP and ongoing earnings of $0.93 per share, up from $0.75 a year earlier and well above the $0.79 analyst consensus. Increased recovery of electric infrastructure investments and lower power costs were key contributors. Xcel Energy Second Quarter 2026 Earnings Report
• Positive Sentiment: The board declared a quarterly dividend of $0.5925 per share, equivalent to an annualized yield of approximately 3.0%. The payout supports Xcel’s appeal to income-focused investors. Xcel Energy dividend announcement
• Neutral Sentiment: Management discussed the quarter’s infrastructure investment recovery and operating factors during the earnings call. Investors will focus on whether these drivers can support sustained earnings growth and regulatory recovery in upcoming periods. Xcel Energy Q2 2026 Earnings Call Transcript
• Negative Sentiment: Revenue was $3.12 billion, below the $3.54 billion consensus estimate and down 5.1% from the prior-year period. The revenue shortfall and continued dependence on cost recovery and regulatory outcomes temper the bullish impact of the EPS beat. Xcel Q2 Earnings Beat Estimates

Institutional Investors Weigh In On Xcel Energy

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

Xcel Energy Company Profile

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.