Xcel Energy (NASDAQ:XEL – Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 4.040-4.160 for the period, compared to the consensus estimate of 4.110. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
XEL has been the subject of several analyst reports. Wall Street Zen downgraded Xcel Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Morgan Stanley set a $87.00 price objective on Xcel Energy in a report on Thursday, May 21st. Argus set a $86.00 price objective on Xcel Energy in a research report on Thursday, March 12th. JPMorgan Chase & Co. reduced their target price on Xcel Energy from $94.00 to $91.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Xcel Energy in a research report on Wednesday. Three 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 stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $90.62.
Check Out Our Latest Report on Xcel Energy
Xcel Energy Stock Performance
Xcel Energy (NASDAQ:XEL – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.91 earnings per share for the quarter, meeting 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 for the quarter, compared to analyst estimates of $4.21 billion. During the same quarter last year, the business earned $0.84 EPS. Xcel Energy’s revenue for the quarter was up 2.9% on a year-over-year basis. Sell-side analysts anticipate that Xcel Energy will post 4.11 EPS for the current year.
Xcel Energy Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Monday, June 15th will be issued a $0.5925 dividend. The ex-dividend date is Monday, June 15th. This represents a $2.37 dividend on an annualized basis and a yield of 3.1%. Xcel Energy’s dividend payout ratio (DPR) is presently 68.30%.
Institutional Investors Weigh In On Xcel Energy
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Garton & Associates Financial Advisors LLC acquired a new position in shares of Xcel Energy in the 4th quarter valued at about $30,000. Advocate Investing Services LLC acquired a new stake in Xcel Energy during the 4th quarter worth approximately $38,000. Ankerstar Wealth LLC acquired a new stake in Xcel Energy during the 4th quarter worth approximately $40,000. Measured Wealth Private Client Group LLC purchased a new position in Xcel Energy in the third quarter valued at approximately $42,000. Finally, Gilpin Wealth Management LLC acquired a new position in Xcel Energy during the fourth quarter valued at approximately $43,000. 78.38% of the stock is currently 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.
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