Xcel Energy (NASDAQ:XEL) Announces Earnings Results

Xcel Energy (NASDAQ:XEL) released its quarterly earnings results on Thursday. The company reported $0.81 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.06), Zacks reports. Xcel Energy had a net margin of 13.67% and a return on equity of 10.76%. Xcel Energy updated its FY 2025 guidance to 3.750-3.850 EPS.

Xcel Energy Stock Performance

Shares of NASDAQ XEL traded down $0.58 during midday trading on Thursday, reaching $67.37. 2,435,875 shares of the company were exchanged, compared to its average volume of 3,508,865. 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 1 year low of $46.79 and a 1 year high of $73.38. The stock has a fifty day simple moving average of $67.58 and a 200 day simple moving average of $64.79. The stock has a market cap of $38.69 billion, a P/E ratio of 19.98, a PEG ratio of 2.54 and a beta of 0.43.

Xcel Energy Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 29th. Shareholders of record on Monday, January 6th were given a dividend of $0.5475 per share. This represents a $2.19 annualized dividend and a yield of 3.25%. The ex-dividend date of this dividend was Monday, January 6th. Xcel Energy’s payout ratio is currently 64.99%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on XEL. Morgan Stanley cut their price target on shares of Xcel Energy from $74.00 to $72.00 and set an “equal weight” rating on the stock in a research note on Friday, November 22nd. Jefferies Financial Group upgraded Xcel Energy from a “hold” rating to a “buy” rating and upped their price target for the stock from $71.00 to $76.00 in a report on Friday, November 1st. Barclays dropped their price objective 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. Wells Fargo & Company raised Xcel Energy from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $70.00 to $72.00 in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. upgraded Xcel Energy from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $69.00 to $80.00 in a report on Thursday, December 12th. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $69.64.

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.