Xcel Energy (NASDAQ:XEL) Posts Quarterly Earnings Results

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

Xcel Energy Stock Down 0.8 %

Shares of XEL stock opened at $66.60 on Friday. The business’s fifty day moving average is $67.47 and its 200-day moving average is $64.81. The stock has a market cap of $38.24 billion, a PE ratio of 19.36, a price-to-earnings-growth ratio of 2.54 and a beta of 0.43. Xcel Energy has a 1 year low of $46.79 and a 1 year high of $73.38. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.82 and a current ratio of 0.93.

Xcel Energy Cuts Dividend

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

Analyst Upgrades and Downgrades

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