Xcel Energy Inc. (XEL)

NASDAQ: XEL · IEX Real-Time Price · USD
53.20
+0.77 (1.47%)
At close: Jul 2, 2024, 4:00 PM
53.55
+0.35 (0.67%)
After-hours: Jul 2, 2024, 7:55 PM EDT
1.47%
Market Cap 29.56B
Revenue (ttm) 13.78B
Net Income (ttm) 1.84B
Shares Out 555.64M
EPS (ttm) 3.33
PE Ratio 15.98
Forward PE 14.74
Dividend $2.19 (4.12%)
Ex-Dividend Date Jun 14, 2024
Volume 2,503,913
Open 52.67
Previous Close 52.43
Day's Range 52.48 - 53.28
52-Week Range 46.79 - 65.62
Beta 0.39
Analysts Buy
Price Target 62.38 (+17.26%)
Earnings Date Aug 1, 2024

About XEL

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. ... [Read more]

Sector Utilities
Founded 1909
Employees 11,311
Stock Exchange NASDAQ
Ticker Symbol XEL
Full Company Profile

Financial Performance

In 2023, Xcel Energy's revenue was $14.21 billion, a decrease of -7.21% compared to the previous year's $15.31 billion. Earnings were $1.77 billion, an increase of 2.02%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for XEL stock is "Buy." The 12-month stock price forecast is $62.38, which is an increase of 17.26% from the latest price.

Price Target
$62.38
(17.26% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Xcel Energy Second Quarter 2024 Earnings Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--On Thursday, August 1, 2024, Xcel Energy (NASDAQ: XEL) will host a conference call to review second quarter 2024 financial results. The earnings report will be released p...

4 days ago - Business Wire

Xcel Energy Continues to Deliver Progress in Achieving Carbon Reduction Goals

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy has reduced carbon emissions 54% from the electricity it provides to customers from 2005 levels, the company announced in its 19th annual Sustainability Repor...

20 days ago - Business Wire

Xcel Energy Inc. Board Declares Dividend on Common Stock

MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Xcel Energy Inc. (NASDAQ: XEL) today declared a quarterly dividend on its common stock of 54.75 cents per share. The dividends are payable July ...

5 weeks ago - Business Wire

Xcel Energy names Rob Berntsen new executive vice president and chief legal and compliance officer

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy today named Rob Berntsen as the company's executive vice president and chief legal and compliance officer. Berntsen takes over the role from Amanda Rome, who ...

6 weeks ago - Business Wire

Fermata Energy and Xcel Energy Announce Transformative Vehicle-to-Everything Bidirectional Charging Pilot

CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--Fermata Energy, Xcel Energy, City of Boulder, Colorado CarShare and Boulder Housing Partners announce collaborative V2X bidirectional charging pilot.

6 weeks ago - Business Wire

Xcel Energy Inc. to Webcast Annual Meeting of Shareholders

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy Inc. (NASDAQ: XEL) will hold its 2024 Annual Meeting of Shareholders virtually at 11:00 a.m. central time on May 22, 2024. Shareholders of record at the close...

7 weeks ago - Business Wire

Xcel Energy First Quarter 2024 Earnings Report

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy Inc. (NASDAQ: XEL) today reported 2024 first quarter GAAP and ongoing earnings of $488 million, or $0.88 per share, compared with $418 million, or $0.76 per s...

2 months ago - Business Wire

KeyBanc's Sophie Karp shares her top utility picks including Constellation and Dominion Energy

Sophie Karp, KeyBanc Capital Markets, joins 'Fast Money' to talk tomorrow's inflation report and what's ahead for energy prices and her top utility stock picks.

Other symbols: CEGD
3 months ago - CNBC Television

Xcel Energy First Quarter 2024 Earnings Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--On Thursday, April 25, 2024, Xcel Energy (NASDAQ: XEL) will host a conference call to review first quarter 2024 financial results. The earnings report will be released pr...

3 months ago - Business Wire

Itron Celebrates Xcel Energy's Deployment of 2 Millionth Distributed Intelligence-Enabled Meter

LIBERTY LAKE, Wash.--(BUSINESS WIRE)-- #AMI--Itron announces that its customer, Xcel Energy, has deployed 2 million Gen™5 Riva™ distributed intelligence (DI)-enabled electric smart meters.

Other symbols: ITRI
3 months ago - Business Wire

Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Xcel Energy Inc. (XEL)

NEW YORK--(BUSINESS WIRE)---- $XEL #Investigation--The law firm of Kirby McInerney LLP is investigating potential claims against Xcel Energy Inc. (“Xcel” or the “Company”) (NASDAQ:XEL). The investigat...

4 months ago - Business Wire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Xcel Energy Inc. (XEL) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Xcel Energy Inc. ...

4 months ago - Business Wire

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Xcel Energy Inc. (XEL) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Xcel Energy Inc. (“Xcel” or the “Company”) (NASDAQ: XEL) investors concerning the Company's possi...

4 months ago - Business Wire

The Law Offices of Frank R. Cruz Announces Investigation of Xcel Energy Inc. (XEL) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Xcel Energy Inc. (“Xcel” or the “Company”) (NASDAQ: XEL) on behalf of investors concerning the Company's po...

4 months ago - Business Wire

Xcel Energy Admits Role In Sparking Texas' Worst Wildfire In Its History

Utility company Xcel Energy admitted Thursday its equipment was likely “involved in an ignition of the Smokehouse Creek fire,” which has now become the largest wildfire in Texas history after burning ...

4 months ago - Forbes

Xcel Energy says its facilities were involved in Smokehouse Creek fire in Texas

Electric utility Xcel Energy said on Thursday its facilities were involved in an ignition of the Smokehouse Creek fire in Texas.

4 months ago - Reuters

Statement from Xcel Energy regarding wildfires in the Texas Panhandle

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy (XEL) issued the following statement regarding the wildfires in the Texas Panhandle: Our thoughts continue to be with the families and communities impacted by...

4 months ago - Business Wire

Top 2 Utilities Stocks That Are Preparing To Pump In March - Xcel Energy (NASDAQ:XEL), Alternus Clean Energy (NASDAQ:ALCE)

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

Other symbols: ALCE
4 months ago - Benzinga

Xcel Energy Inc. Board Increases 2024 Common Dividend 5.3%, Declares Dividend on Common Stock

MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Xcel Energy Inc. (NASDAQ: XEL) today raised the quarterly dividend on the company's common stock from 52 cents per share to 54.75 cents per shar...

4 months ago - Business Wire

Xcel Energy 2023 Year End Earnings Report

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy Inc. (NASDAQ: XEL) today reported 2023 GAAP earnings of $1.77 billion, or $3.21 per share, compared with $1.74 billion, or $3.17 per share in the same period ...

5 months ago - Business Wire

Jim Cramer looks at the worst Nasdaq performers of 2023

'Mad Money' host Jim Cramer looks back at last year's worst performers on the Nasdaq.

Other symbols: AEPEXCILMNMRNAPYPLWBA
6 months ago - CNBC Television

Wall Street's Most Accurate Analysts Say Buy These 3 Energy Stocks Delivering High-Dividend Yields - Sempra (NYSE:SRE), NextEra Energy (NYSE:NEE)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: NEESRE
6 months ago - Benzinga

Xcel Energy 2023 Year End Earnings Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--On Thursday, January 25, 2024, Xcel Energy (NASDAQ: XEL) will host a conference call to review fourth quarter and year end 2023 financial results. The earnings report wil...

6 months ago - Business Wire

Ford commercial unit, Xcel Energy partner up to install 30,000 EV charging ports

Ford's commercial unit will collaborate with utility firm Xcel Energy to install 30,000 electric vehicle (EV) charging ports across the U.S. by 2030, the companies said on Tuesday.

Other symbols: F
7 months ago - Reuters

Ford Pro and Xcel Energy Collaborate to Support Installation of 30,000 EV Charging Ports for Business Fleets by 2030

DEARBORN, Mich.--(BUSINESS WIRE)--Today, Ford Pro, the commercial division within Ford Motor Company, and Xcel Energy, a national leader in clean energy, announced a unique collaboration to support th...

Other symbols: F
7 months ago - Business Wire