Xcel Energy (XEL) Stock Price, News & Analysis

Company Overview

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. It also purchases, transports, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects and nonregulated assets, as well as procures equipment for the construction of renewable generation facilities. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. The company was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.

Key Stats

• Today's Range: $70.28 to $70.28
• 50-Day Range: $62.16 to $70.05
• 52-Week Range: $46.79 to $70.42
• Volume: 481 shs
• Average Volume: 4.18 million shs
• Market Capitalization: $40.36 billion
• P/E Ratio: 20.85
• Dividend Yield: 3.12%
• Price Target: $66.38
• Consensus Rating: Moderate Buy

Xcel Energy Stock Analysis - MarketRank™

Xcel Energy scored higher than 85% of companies evaluated by MarketBeat, and ranked 32nd out of 93 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Xcel Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.54, and is based on 7 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Xcel Energy has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 7.61%

Earnings Growth

Earnings for Xcel Energy are expected to grow by 7.61% in the coming year, from $3.55 to $3.82 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Xcel Energy is 20.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of Xcel Energy is 20.79, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 97.50.

Price to Earnings Growth Ratio

Xcel Energy has a PEG Ratio of 2.84. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Xcel Energy has a P/B Ratio of 2.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.37% of the outstanding shares of Xcel Energy have been sold short.

Short Interest Ratio / Days to Cover

Xcel Energy has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Xcel Energy has recently decreased by 0.13%, indicating that investor sentiment is improving.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Xcel Energy pays a meaningful dividend of 3.15%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Xcel Energy has been increasing its dividend for 21 years.

Dividend Coverage

The dividend payout ratio of Xcel Energy is 64.99%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Xcel Energy will have a dividend payout ratio of 57.33% next year. This indicates that Xcel Energy will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.37% of the outstanding shares of Xcel Energy have been sold short.

Short Interest Ratio / Days to Cover

Xcel Energy has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Xcel Energy has recently decreased by 0.13%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.07

News Sentiment

Xcel Energy has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for Xcel Energy this week, compared to 12 articles on an average week.

Search Interest

9 people have searched for XEL on MarketBeat in the last 30 days. This is an increase of 29% compared to the previous 30 days.

MarketBeat Follows

17 people have added Xcel Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 467% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Xcel Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.09% of the stock of Xcel Energy is held by insiders.

Percentage Held by Institutions

78.38% of the stock of Xcel Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

XEL Stock Analysis - Frequently Asked Questions

How have XEL shares performed this year?

Xcel Energy's stock was trading at $61.91 at the beginning of the year. Since then, XEL stock has increased by 13.1% and is now trading at $70.05.
View the best growth stocks for 2024 here.

How were Xcel Energy's earnings last quarter?

Xcel Energy Inc. (NASDAQ:XEL) issued 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. The company's quarterly revenue was down .5% on a year-over-year basis.
Read the conference call transcript.

Does Xcel Energy have any subsidiaries?

Xcel Energy subsidiaries include these companies: Nicollet Holdings Company LLC, Nicollet Project Holdings LLC, Northern States Power Company (a Minnesota corporation), Northern States Power Company (a Wisconsin corporation), Public Service Company of Colorado, Southwestern Public Service Company, WestGas InterState Inc., and more.

Who are Xcel Energy's major shareholders?

Xcel Energy's top institutional investors include State Street Corp (6.47%), Massachusetts Financial Services Co. MA (2.65%), Geode Capital Management LLC (2.54%) and Victory Capital Management Inc. (0.98%). Insiders that own company stock include Kim Williams, Frank P Prager, Brett C Carter, Timothy John O'connor and Benjamin G S Fowke III.
View institutional ownership trends.

How do I buy shares of Xcel Energy?

Shares of XEL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Xcel Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Xcel Energy investors own include NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Chevron (CVX), Meta Platforms (META), Walmart (WMT), Exxon Mobil (XOM) and Tesla (TSLA).

Company Calendar

• Ex-Dividend for 10/20 Dividend: 9/13/2024
• Dividend Payable: 10/20/2024
• Last Earnings: 10/31/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/23/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Utilities
• Industry: Electric & other services combined
• Sub-Industry: Utilities
• Current Symbol: NASDAQ:XEL
• CUSIP: N/A
• CIK: 72903
• Web: www.xcelenergy.com
• Phone: (612) 330-5500
• Fax: 612-330-5688
• Employees: 11,311
• Year Founded: 1909

Price Target and Rating

• Average Stock Price Target: $66.38
• High Stock Price Target: $76.00
• Low Stock Price Target: $58.00
• Potential Upside/Downside: -5.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.54
• Research Coverage: 13 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.37
• Trailing P/E Ratio: 20.79
• Forward P/E Ratio: 19.73
• P/E Growth: 2.84
• Net Income: $1.77 billion
• Net Margins: 13.67%
• Pretax Margin: 12.58%
• Return on Equity: 10.76%
• Return on Assets: 2.93%

Debt

• Debt-to-Equity Ratio: 1.42
• Current Ratio: 0.93
• Quick Ratio: 0.82

Sales & Book Value

• Annual Sales: $13.76 billion
• Price / Sales: 2.92
• Cash Flow: $8.07 per share
• Price / Cash Flow: 8.68
• Book Value: $31.92 per share
• Price / Book: 2.19

Miscellaneous

• Outstanding Shares: 574,242,000
• Free Float: 573,725,000
• Market Cap: $40.23 billion
• Optionable: Optionable
• Beta: 0.38