Q2 EPS Estimates for Xcel Energy Lowered by Zacks Research

Xcel Energy Inc. (NASDAQ:XEL - Free Report) - Zacks Research dropped their Q2 2026 earnings estimates for shares of Xcel Energy in a report released on Tuesday, December 17th. Zacks Research analyst R. Department now expects that the company will post earnings per share of $0.59 for the quarter, down from their prior estimate of $0.60. The consensus estimate for Xcel Energy's current full-year earnings is $3.54 per share.

XEL has been the subject of a number of other reports. Argus raised shares of Xcel Energy from a "hold" rating to a "buy" rating and set a $68.00 price target for the company in a research report on Monday, August 26th. UBS Group increased their target price on shares of Xcel Energy from $66.00 to $67.00 and gave the stock a "neutral" rating in a research report on Friday, September 20th. Morgan Stanley decreased their target price on shares of Xcel Energy from $74.00 to $72.00 and set an "equal weight" rating for the company in a research note on Friday, November 22nd. JPMorgan Chase & Co. raised shares of Xcel Energy from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $69.00 to $80.00 in a research note on Thursday, December 12th. Finally, KeyCorp lifted their price objective on Xcel Energy from $74.00 to $79.00 and gave the company an "overweight" rating in a research report on Wednesday, December 4th. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $69.17.

Xcel Energy Stock Up 1.1 %

NASDAQ XEL traded up $0.75 during trading on Friday, reaching $67.40. 12,985,747 shares of the company's stock were exchanged, compared to its average volume of 4,148,792. The company has a current ratio of 0.93, a quick ratio of 0.82 and a debt-to-equity ratio of 1.42. Xcel Energy has a fifty-two week low of $46.79 and a fifty-two week high of $73.38. The company's fifty day simple moving average is $67.63 and its 200-day simple moving average is $61.70. The firm has a market capitalization of $38.70 billion, a PE ratio of 20.00, a P/E/G ratio of 2.79 and a beta of 0.41.

Xcel Energy (NASDAQ:XEL - Get Free Report) last released its earnings results on Thursday, October 31st. The company reported $1.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.26 by ($0.01). Xcel Energy had a net margin of 13.67% and a return on equity of 10.76%. The business had revenue of $3.64 billion during the quarter, compared to analysts' expectations of $3.93 billion. During the same quarter in the previous year, the company earned $1.23 EPS. Xcel Energy's revenue for the quarter was down .5% on a year-over-year basis.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. State Street Corp boosted its holdings in Xcel Energy by 6.7% during the third quarter. State Street Corp now owns 37,143,025 shares of the company's stock valued at $2,445,477,000 after acquiring an additional 2,323,448 shares during the period. Massachusetts Financial Services Co. MA lifted its position in shares of Xcel Energy by 6.2% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 15,190,756 shares of the company's stock worth $991,956,000 after purchasing an additional 892,740 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Xcel Energy by 1.8% during the 3rd quarter. Geode Capital Management LLC now owns 14,562,103 shares of the company's stock worth $952,091,000 after purchasing an additional 262,191 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Xcel Energy by 2.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,417,615 shares of the company's stock valued at $223,170,000 after purchasing an additional 67,820 shares during the period. Finally, Brookfield Corp ON grew its holdings in Xcel Energy by 520.1% in the 3rd quarter. Brookfield Corp ON now owns 2,509,031 shares of the company's stock valued at $163,840,000 after buying an additional 2,104,405 shares during the last quarter. 78.38% of the stock is currently owned by institutional investors and hedge funds.

Xcel Energy Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 29th. Shareholders of record on Monday, January 6th will be given a dividend of $0.5475 per share. The ex-dividend date is Monday, January 6th. This represents a $2.19 dividend on an annualized basis and a yield of 3.25%. Xcel Energy's payout ratio is currently 64.99%.

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.