FY2027 Earnings Forecast for Xcel Energy Issued By KeyCorp

Xcel Energy Inc. (NASDAQ:XEL) – Research analysts at KeyCorp issued their FY2027 EPS estimates for shares of Xcel Energy in a research report issued on Wednesday, October 15th. KeyCorp analyst S. Karp expects that the company will earn $4.46 per share for the year. KeyCorp has a “Overweight” rating and a $85.00 price objective on the stock. The consensus estimate for Xcel Energy’s current full-year earnings is $3.82 per share. KeyCorp also issued estimates for Xcel Energy’s FY2028 earnings at $4.80 EPS.

Xcel Energy (NASDAQ:XEL) last issued its earnings results on Thursday, July 31st. The company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.09. Xcel Energy had a net margin of 14.85% and a return on equity of 10.52%. The company had revenue of $3.29 billion for the quarter, compared to analysts’ expectations of $3.31 billion. During the same period in the prior year, the business earned $0.54 EPS. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. Xcel Energy has set its FY 2025 guidance at 3.750-3.850 EPS.

Several other brokerages have also recently issued reports on XEL. TD Cowen started coverage on shares of Xcel Energy in a report on Thursday. They set a “buy” rating and a $93.00 target price on the stock. Evercore ISI began coverage on shares of Xcel Energy in a report on Monday, October 6th. They set an “outperform” rating and a $92.00 target price on the stock. UBS Group raised their price target on shares of Xcel Energy from $82.00 to $84.00 and gave the company a “neutral” rating in a report on Friday, October 10th. BMO Capital Markets raised their price target on shares of Xcel Energy from $84.00 to $87.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, Morgan Stanley lowered their price target on shares of Xcel Energy from $81.00 to $80.00 and set an “equal weight” rating on the stock in a report on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $84.92.

Xcel Energy Stock Up 0.1%

Shares of Xcel Energy stock opened at $81.16 on Friday. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.96 and a quick ratio of 0.85. Xcel Energy has a 1 year low of $62.58 and a 1 year high of $83.01. The firm’s 50-day moving average is $75.40 and its two-hundred day moving average is $71.69. The stock has a market cap of $48.00 billion, a price-to-earnings ratio of 22.48, a PEG ratio of 2.86 and a beta of 0.37.

Xcel Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 20th. Investors of record on Monday, September 15th will be given a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, September 15th. Xcel Energy’s dividend payout ratio (DPR) is presently 63.16%.

Hedge Funds Weigh In On Xcel Energy

Hedge funds and other institutional investors have recently modified their holdings of the stock. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Xcel Energy in the 2nd quarter valued at approximately $25,000. Clearstead Trust LLC raised its position in shares of Xcel Energy by 202.2% in the 2nd quarter. Clearstead Trust LLC now owns 417 shares of the company’s stock valued at $28,000 after purchasing an additional 279 shares during the last quarter. Accent Capital Management LLC purchased a new position in shares of Xcel Energy in the 1st quarter valued at approximately $29,000. BankPlus Trust Department purchased a new position in shares of Xcel Energy in the 1st quarter valued at approximately $34,000. Finally, Rise Advisors LLC raised its position in shares of Xcel Energy by 62.9% in the 2nd quarter. Rise Advisors LLC now owns 518 shares of the company’s stock valued at $35,000 after purchasing an additional 200 shares during the last quarter. 78.38% of the stock is owned by hedge funds and other institutional investors.

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.