Xcel Energy (NASDAQ:XEL – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 3.750-3.850 for the period, compared to the consensus EPS estimate of 3.810. The company issued revenue guidance of -.
Analysts Set New Price Targets
XEL has been the topic of a number of recent analyst reports. Morgan Stanley reduced their price objective on shares of Xcel Energy from $81.00 to $80.00 and set an “equal weight” rating on the stock in a research report on Thursday. BMO Capital Markets set a $84.00 price target on Xcel Energy in a report on Thursday. UBS Group set a $82.00 price objective on Xcel Energy in a report on Thursday. Mizuho set a $83.00 target price on Xcel Energy in a research note on Thursday. Finally, Bank of America boosted their target price on shares of Xcel Energy from $78.00 to $84.00 and gave the company a “buy” rating in a research note on Thursday. Nine analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $79.64.
Check Out Our Latest Stock Report on XEL
Xcel Energy Stock Performance
Xcel Energy (NASDAQ:XEL – Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.66 by $0.09. The firm had revenue of $3.29 billion during the quarter, compared to analyst estimates of $3.31 billion. Xcel Energy had a return on equity of 10.52% and a net margin of 14.85%.The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.54 EPS. Xcel Energy has set its FY 2025 guidance at 3.750-3.850 EPS. On average, equities research analysts expect that Xcel Energy will post 3.82 earnings per share for the current fiscal year.
Xcel Energy Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, October 20th. Shareholders of record on Monday, September 15th will be given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Monday, September 15th. Xcel Energy’s dividend payout ratio is presently 63.16%.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of XEL. Cary Street Partners Financial LLC boosted its stake in Xcel Energy by 16.0% in the second quarter. Cary Street Partners Financial LLC now owns 2,620 shares of the company’s stock valued at $178,000 after acquiring an additional 362 shares in the last quarter. LMR Partners LLP purchased a new stake in shares of Xcel Energy during the 2nd quarter valued at $220,000. CTC Alternative Strategies Ltd. acquired a new stake in shares of Xcel Energy in the 2nd quarter worth $232,000. Brighton Jones LLC acquired a new position in Xcel Energy during the 4th quarter valued at about $240,000. Finally, Nebula Research & Development LLC purchased a new stake in Xcel Energy in the second quarter valued at about $248,000. Institutional investors own 78.38% of the company’s stock.
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.
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