Xcel Energy (NASDAQ:XEL) Issues Quarterly Earnings Results

Xcel Energy (NASDAQ:XEL) released its earnings results on Thursday. The company reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.06), Zacks reports. Xcel Energy had a return on equity of 10.65% and a net margin of 14.40%. Xcel Energy updated its FY 2025 guidance to 3.750-3.850 EPS.

Xcel Energy Trading Down 0.8 %

XEL stock opened at $66.60 on Friday. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.93 and a quick ratio of 0.82. The stock has a market capitalization of $38.24 billion, a price-to-earnings ratio of 19.36, a P/E/G ratio of 2.54 and a beta of 0.43. The business has a fifty day moving average price of $67.47 and a 200 day moving average price of $64.81. Xcel Energy has a fifty-two week low of $46.79 and a fifty-two week high of $73.38.

Xcel Energy Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 29th. Stockholders of record on Monday, January 6th were issued a $0.5475 dividend. This represents a $2.19 annualized dividend and a dividend yield of 3.29%. The ex-dividend date was Monday, January 6th. Xcel Energy’s payout ratio is currently 63.66%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on XEL shares. KeyCorp increased their price objective on Xcel Energy from $74.00 to $79.00 and gave the stock an “overweight” rating in a report on Wednesday, December 4th. JPMorgan Chase & Co. raised Xcel Energy from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $69.00 to $80.00 in a research note on Thursday, December 12th. Jefferies Financial Group upgraded Xcel Energy from a “hold” rating to a “buy” rating and increased their price target for the company from $71.00 to $76.00 in a report on Friday, November 1st. Barclays dropped their price target on shares of Xcel Energy from $71.00 to $69.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 22nd. Finally, Morgan Stanley dropped their target price on shares of Xcel Energy from $74.00 to $72.00 and set an “equal weight” rating on the stock in a report on Friday, November 22nd. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $69.91.

About Xcel Energy

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.