Shares of Xcel Energy Inc (NYSE:XEL) have been assigned a consensus rating of “Hold” from the fourteen brokerages that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, eight have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $49.45.
Several equities research analysts have recently weighed in on the company. Zacks Investment Research downgraded Xcel Energy from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th. SunTrust Banks reissued a “hold” rating and issued a $48.00 price objective on shares of Xcel Energy in a report on Monday, December 4th. Morgan Stanley increased their price objective on Xcel Energy from $50.00 to $53.00 and gave the company an “equal weight” rating in a report on Wednesday, December 13th. ValuEngine raised Xcel Energy from a “hold” rating to a “buy” rating in a report on Thursday, November 9th. Finally, Jefferies Group reissued a “hold” rating and issued a $50.00 price objective on shares of Xcel Energy in a report on Thursday, August 31st.
In other news, Director Timothy V. Wolf sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $49.48, for a total transaction of $148,440.00. Following the completion of the sale, the director now owns 3,700 shares in the company, valued at $183,076. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Mark E. Stoering sold 20,187 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $49.66, for a total value of $1,002,486.42. Following the sale, the insider now owns 48,424 shares of the company’s stock, valued at approximately $2,404,735.84. The disclosure for this sale can be found here. Insiders have sold 28,363 shares of company stock valued at $1,415,265 in the last 90 days. Company insiders own 0.22% of the company’s stock.
Xcel Energy (NYSE:XEL) opened at $48.25 on Monday. The stock has a market capitalization of $24,430.00, a P/E ratio of 20.71, a P/E/G ratio of 3.84 and a beta of 0.21. Xcel Energy has a fifty-two week low of $40.04 and a fifty-two week high of $52.22. The company has a quick ratio of 0.68, a current ratio of 0.87 and a debt-to-equity ratio of 1.27.
Xcel Energy (NYSE:XEL) last posted its quarterly earnings data on Thursday, October 26th. The utilities provider reported $0.97 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.92 by $0.05. The business had revenue of $3.02 billion during the quarter, compared to the consensus estimate of $3.27 billion. Xcel Energy had a return on equity of 10.63% and a net margin of 10.40%. The company’s revenue was down .8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.90 earnings per share. equities analysts anticipate that Xcel Energy will post 2.31 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Saturday, January 20th. Stockholders of record on Thursday, December 28th will be paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 2.98%. The ex-dividend date of this dividend is Wednesday, December 27th. Xcel Energy’s dividend payout ratio (DPR) is presently 61.80%.
Xcel Energy Company Profile
Xcel Energy Inc is a public utility holding company. The Company’s operations include the activity of four utility subsidiaries that serve electric and natural gas customers in eight states. The Company’s segments include regulated electric utility, regulated natural gas utility and all other. The Company’s utility subsidiaries include NSP-Minnesota, NSP-Wisconsin, Public Service Company of Colorado (PSCo) and Southwestern Public Service Co (SPS), which serve customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin.
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