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Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
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Best Bear Market Funds: Top 3 Investment Options to Consider
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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
NASDAQ:XEL

Xcel Energy (XEL) Stock Price, News & Analysis

$53.38
+1.58 (+3.05%)
(As of 03/27/2024 ET)
Today's Range
$52.18
$53.40
50-Day Range
$48.44
$61.14
52-Week Range
$46.79
$71.96
Volume
3.69 million shs
Average Volume
9.48 million shs
Market Capitalization
$29.63 billion
P/E Ratio
16.63
Dividend Yield
4.10%
Price Target
$63.08

Xcel Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.58 Rating Score
Upside/​Downside
18.2% Upside
$63.08 Price Target
Short Interest
Healthy
1.22% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.14mentions of Xcel Energy in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.87%
From $3.56 to $3.84 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.86 out of 5 stars

Utilities Sector

7th out of 90 stocks

Electric & Other Services Combined Industry

1st out of 18 stocks

XEL stock logo

About Xcel Energy Stock (NASDAQ:XEL)

Xcel Energy Inc., through its subsidiaries, engages in the generation, purchasing, transmission, distribution, and sale of electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through wind, nuclear, hydroelectric, biomass, and solar energy sources, as well as coal, natural gas, oil, wood, and refuse-derived fuels. It also purchases, transports, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects and nonregulated assets, as well as procures equipment for the construction of renewable generation facilities. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. The company was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.

XEL Stock Price History

XEL Stock News Headlines

Xcel Energy says its facilities appeared to have role in igniting largest wildfire in Texas history
The utility provider Xcel Energy says its facilities appeared to have played a role in igniting a massive wildfire in the Texas Panhandle that grew to the largest blaze in state history
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Barclays gets more bullish on Xcel Energy, upgrades shares
Xcel Energy just upgraded at Wolfe Research, here's why
See More Headlines
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Company Calendar

Ex-Dividend for 1/20 Dividend
12/27/2023
Dividend Payable
1/20/2024
Last Earnings
1/25/2024
Ex-Dividend for 4/20 Dividend
3/14/2024
Today
3/27/2024
Dividend Payable
4/20/2024
Next Earnings (Estimated)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric & other services combined
Sub-Industry
N/A
Current Symbol
NASDAQ:XEL
Employees
11,311
Year Founded
1909

Price Target and Rating

Average Stock Price Target
$63.08
High Stock Price Target
$75.00
Low Stock Price Target
$54.00
Potential Upside/Downside
+18.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
12 Analysts

Profitability

Net Income
$1.77 billion
Pretax Margin
11.44%

Debt

Sales & Book Value

Annual Sales
$14.21 billion
Cash Flow
$8.15 per share
Book Value
$31.92 per share

Miscellaneous

Free Float
554,823,000
Market Cap
$29.63 billion
Optionable
Optionable
Beta
0.36

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Key Executives

  • Mr. Robert C. FrenzelMr. Robert C. Frenzel (Age 53)
    President, CEO & Chairman
    Comp: $3.25M
  • Mr. Brian J. Van Abel (Age 42)
    Executive VP, CFO & Principal Accounting Officer
    Comp: $1.47M
  • Mr. Timothy John O'ConnorMr. Timothy John O'Connor (Age 64)
    Executive VP & COO
    Comp: $1.63M
  • Ms. Amanda J. Rome (Age 43)
    Executive VP, Group President of Utilities & Chief Customer Officer
    Comp: $928.65k
  • Mr. Tim Peterson
    Senior VP & CTO
  • Mr. Paul Andrew Johnson (Age 64)
    VP of Investor Relations & Treasurer
  • Mr. Ryan Long
    President of Minnesota, North Dakota & South Dakota and General Counsel
  • Justin Tomljanovic
    Vice President of Corporate Development
  • Ms. Patricia Correa (Age 50)
    Senior VP, Human Resources & Employee Services and Chief Human Resources Officer
  • Mr. Jeffrey S. Savage (Age 52)
    Senior VP and Chief Audit & Financial Services Officer

Should I Buy Xcel Energy Stock? XEL Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Xcel Energy was last updated on Monday, March 25, 2024 at 11:33 AM.

Pros

Here are some ways that investors could benefit from investing in Xcel Energy Inc.:

  • Xcel Energy Inc. has consistently increased its dividend payout, providing investors with a steady income stream. The current dividend yield of 4.19% is attractive for income-oriented investors.
  • Analysts have set a positive price target for Xcel Energy, indicating potential for capital appreciation. This suggests a favorable outlook for the stock's value in the market.
  • Xcel Energy's diversified energy sources, including wind, nuclear, hydroelectric, biomass, and solar energy, reduce dependency on a single energy type, enhancing stability and sustainability in the long term.
  • The company's focus on renewable energy and investment in rental housing projects align with the growing trend towards sustainability and ESG (Environmental, Social, and Governance) investing, attracting socially responsible investors.
  • With a net margin of 12.47% and a return on equity of 10.78%, Xcel Energy demonstrates strong financial performance, indicating efficient management and potential for future growth.

Cons

Investors should be bearish about investing in Xcel Energy Inc. for these reasons:

  • Xcel Energy's revenue in the previous quarter was below the consensus estimate, indicating potential challenges in revenue generation and market performance.
  • The decrease in revenue by 15.1% compared to the same quarter last year raises concerns about the company's ability to maintain consistent revenue growth in a competitive market environment.
  • While the dividend payout ratio is at 68.22%, indicating a sustainable dividend policy, investors should be cautious of any potential changes in the payout ratio that may affect future dividend payments.
  • Market analysts have issued mixed ratings on Xcel Energy stock, with some maintaining a hold rating, suggesting uncertainty in the market sentiment towards the company's future performance.
  • Investors should consider the regulatory environment and potential policy changes in the energy sector that could impact Xcel Energy's operations and financial results.

XEL Stock Analysis - Frequently Asked Questions

Should I buy or sell Xcel Energy stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Xcel Energy in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" XEL shares.
View XEL analyst ratings
or view top-rated stocks.

What is Xcel Energy's stock price target for 2024?

12 brokers have issued twelve-month price objectives for Xcel Energy's shares. Their XEL share price targets range from $54.00 to $75.00. On average, they anticipate the company's stock price to reach $63.08 in the next twelve months. This suggests a possible upside of 18.2% from the stock's current price.
View analysts price targets for XEL
or view top-rated stocks among Wall Street analysts.

How have XEL shares performed in 2024?

Xcel Energy's stock was trading at $61.91 at the start of the year. Since then, XEL shares have decreased by 13.8% and is now trading at $53.38.
View the best growth stocks for 2024 here
.

When is Xcel Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our XEL earnings forecast
.

How were Xcel Energy's earnings last quarter?

Xcel Energy Inc. (NASDAQ:XEL) posted its earnings results on Thursday, January, 25th. The company reported $0.83 EPS for the quarter, missing analysts' consensus estimates of $0.85 by $0.02. The firm earned $3.44 billion during the quarter, compared to the consensus estimate of $4.01 billion. Xcel Energy had a trailing twelve-month return on equity of 10.78% and a net margin of 12.47%. Xcel Energy's revenue was down 15.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.69 EPS.
Read the conference call transcript
.

How often does Xcel Energy pay dividends? What is the dividend yield for Xcel Energy?

Xcel Energy declared a quarterly dividend on Wednesday, February 21st. Stockholders of record on Friday, March 15th will be given a dividend of $0.548 per share on Saturday, April 20th. This represents a $2.19 annualized dividend and a dividend yield of 4.11%. The ex-dividend date is Thursday, March 14th. This is a positive change from the stock's previous quarterly dividend of $0.52.
Read our dividend analysis for XEL
.

Is Xcel Energy a good dividend stock?

Xcel Energy (NASDAQ:XEL) pays an annual dividend of $2.19 per share and currently has a dividend yield of 4.23%. XEL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 68.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, XEL will have a dividend payout ratio of 57.03% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for XEL.

What guidance has Xcel Energy issued on next quarter's earnings?

Xcel Energy issued an update on its FY 2024 earnings guidance on Friday, January, 26th. The company provided earnings per share (EPS) guidance of 3.500-3.600 for the period, compared to the consensus estimate of 3.570. The company issued revenue guidance of -.

Who are Xcel Energy's major shareholders?

Xcel Energy's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (12.97%), Massachusetts Financial Services Co. MA (3.62%), Royal Bank of Canada (1.55%), Victory Capital Management Inc. (1.41%), Wells Fargo & Company MN (1.29%) and Goldman Sachs Group Inc. (1.22%). Insiders that own company stock include Benjamin G S Fowke III, Benjamin G S Fowke III, Brett C Carter, Christopher B Clark, Darla Figoli, David T Hudson, Frank P Prager, Kim Williams and Timothy John O'connor.
View institutional ownership trends
.

How do I buy shares of Xcel Energy?

Shares of XEL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Xcel Energy have any subsidiaries?
The following companies are subsidiares of Xcel Energy: Nicollet Holdings Company LLC, Nicollet Project Holdings LLC, Northern States Power Company (a Minnesota corporation), Northern States Power Company (a Wisconsin corporation), Public Service Company of Colorado, Southwestern Public Service Company, WestGas InterState Inc., Xcel Energy Communications Group Inc. , Xcel Energy International Inc., Xcel Energy Markets Holdings Inc., Xcel Energy Retail Holdings Inc., Xcel Energy Services Inc. , Xcel Energy Transmission Holding Company LLC, Xcel Energy Venture Holdings Inc., Xcel Energy Ventures Inc., Xcel Energy WYCO Inc. , and Xcel Energy Wholesale Group Inc..
Read More
This page (NASDAQ:XEL) was last updated on 3/28/2024 by MarketBeat.com Staff

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