Xcel Energy (XEL) to Release Earnings on Thursday

Xcel Energy (NASDAQ:XEL) is expected to be posting its quarterly earnings results before the market opens on Thursday, April 24th. Analysts expect Xcel Energy to post earnings of $0.95 per share and revenue of $3.93 billion for the quarter. Xcel Energy has set its FY 2025 guidance at 3.750-3.850 EPS.Parties that are interested in registering for the company’s conference call can do so using this link.

Xcel Energy (NASDAQ:XEL) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.81 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.06). Xcel Energy had a net margin of 14.40% and a return on equity of 10.65%. On average, analysts expect Xcel Energy to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Xcel Energy Stock Down 1.7 %

NASDAQ:XEL opened at $69.10 on Thursday. The company has a market cap of $39.80 billion, a PE ratio of 20.09, a PEG ratio of 2.62 and a beta of 0.39. The stock has a 50-day simple moving average of $69.26 and a 200 day simple moving average of $67.73. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.82 and a current ratio of 0.93. Xcel Energy has a 52-week low of $51.97 and a 52-week high of $73.38.

Xcel Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, April 20th. Stockholders of record on Friday, March 14th will be issued a $0.57 dividend. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from Xcel Energy’s previous quarterly dividend of $0.55. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.30%. Xcel Energy’s dividend payout ratio (DPR) is 66.28%.

Analyst Ratings Changes

A number of research firms recently weighed in on XEL. Wells Fargo & Company raised their target price on shares of Xcel Energy from $72.00 to $75.00 and gave the company an “overweight” rating in a research report on Friday, February 7th. Morgan Stanley lifted their target price on Xcel Energy from $75.00 to $78.00 and gave the company an “equal weight” rating in a research report on Thursday, March 20th. Barclays increased their price target on Xcel Energy from $69.00 to $72.00 and gave the company an “overweight” rating in a research report on Monday, March 31st. Finally, UBS Group boosted their price target on Xcel Energy from $73.00 to $77.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 1st. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $73.00.

Insiders Place Their Bets

In related news, Director Devin W. Stockfish purchased 2,170 shares of the stock in a transaction on Tuesday, March 11th. The shares were purchased at an average cost of $68.93 per share, with a total value of $149,578.10. Following the acquisition, the director now directly owns 3,007 shares in the company, valued at $207,272.51. The trade was a 259.26 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.09% of the company’s stock.

Institutional Investors Weigh In On Xcel Energy

An institutional investor recently bought a new position in Xcel Energy stock. Brighton Jones LLC bought a new stake in shares of Xcel Energy Inc. (NASDAQ:XEL) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,549 shares of the company’s stock, valued at approximately $240,000. 78.38% of the stock is currently owned by institutional investors and hedge funds.

Xcel Energy Company Profile

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.