Xcel Energy Inc. (XEL)

NASDAQ: XEL · IEX Real-Time Price · USD
57.21
-0.51 (-0.88%)
At close: Sep 27, 2023, 4:00 PM
58.85
+1.64 (2.87%)
After-hours: Sep 27, 2023, 6:26 PM EDT
-0.88%
Market Cap 31.55B
Revenue (ttm) 15.24B
Net Income (ttm) 1.73B
Shares Out 551.53M
EPS (ttm) 3.15
PE Ratio 18.16
Forward PE 16.07
Dividend $2.08 (3.64%)
Ex-Dividend Date Sep 14, 2023
Volume 2,727,967
Open 57.59
Previous Close 57.72
Day's Range 56.79 - 57.71
52-Week Range 55.11 - 72.99
Beta 0.43
Analysts Buy
Price Target 66.93 (+16.99%)
Earnings Date Oct 26, 2023

About XEL

Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources. It also purchases, transports, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas. In addition, the company develops and leases natural ... [Read more]

Sector Utilities
Founded 1909
Employees 11,982
Stock Exchange NASDAQ
Ticker Symbol XEL
Full Company Profile

Financial Performance

In 2022, Xcel Energy's revenue was $15.31 billion, an increase of 13.99% compared to the previous year's $13.43 billion. Earnings were $1.74 billion, an increase of 8.70%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for XEL stock is "Buy." The 12-month stock price forecast is $66.93, which is an increase of 16.99% from the latest price.

Price Target
$66.93
(16.99% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Department of Energy Awards Xcel Energy up to $70 Million for Long Duration Energy Storage

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy announced today that it has received a grant of up to $70 million from the U.S. Department of Energy (DOE). The award will partially fund two long duration en...

5 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 52 cents per share. The dividends are payable October ...

5 weeks ago - Business Wire

Xcel Energy Elects Timothy Welsh to Board of Directors

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy announced today that Timothy Welsh has been elected to the company's board of directors, effective immediately. Welsh, who currently serves as vice chair for ...

5 weeks ago - Business Wire

3 Dividend Stocks to Buy if You Believe Inflation is Coming Back

We don't know how much relief most Americans are feeling from the effects of inflation, particularly at the grocery store. But we live in a data-driven world, and the data says that inflation is retre...

Other symbols: FASTMDLZ
7 weeks ago - MarketBeat

Xcel Energy Second Quarter 2023 Earnings Report

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy Inc. (NASDAQ: XEL) today reported 2023 second quarter GAAP and ongoing earnings of $288 million, or $0.52 per share, compared with $328 million, or $0.60 per ...

2 months ago - Business Wire

Nokia deploys private LTE for Xcel Energy's grid modernization in the United States

Press Release Nokia deploys private LTE for Xcel Energy's grid modernization in the United States Nokia private LTE network technologies will support robust, reliable, secure communications as Xcel En...

Other symbols: NOK
2 months ago - GlobeNewsWire

WRA Report: Xcel Energy Can Meet 2030 Gas System Decarbonization Goals with Accelerated Adoption of Electric Appliances, Energy Efficiency Measures

BOULDER, Colo.--(BUSINESS WIRE)-- #cleanheat--The rapid adoption of efficient electric appliances like heat pumps and building energy efficiency measures is the most cost-effective way for Xcel Energy...

2 months ago - Business Wire

Ambri Advances Collaboration with Xcel Energy for First Utility Deployment of Liquid Metal™ Battery System

MARLBOROUGH, Mass.--(BUSINESS WIRE)--Ambri's Liquid Metal battery system has taken a major step to commercialization, after signing an agreement with utility provider Xcel Energy.

2 months ago - Business Wire

American Tower and Minnesota Wild are Enhancing the Fan Experience at Xcel Energy Center

BOSTON--(BUSINESS WIRE)--American Tower Corporation and Xcel Energy Center, home of the Minnesota Wild, are deploying a state-of-the-art Distributed Antenna System (DAS) solution that will bring 5G te...

Other symbols: AMT
2 months ago - Business Wire

Xcel Energy Second Quarter 2023 Earnings Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--On Thursday, July 27, 2023, Xcel Energy (NASDAQ: XEL) will host a conference call to review second quarter 2023 financial results. The earnings report will be released pr...

3 months ago - Business Wire

Xcel Energy Surpasses 50% Carbon-Free Electricity Generation Companywide

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy's Sustainability Report shows over half of the power it generates across the eight states it serves now comes from carbon-free sources.

3 months ago - Business Wire

Mizuho: Utilities have underperformed this year, but earnings look promising

Anthony Crowdell, Mizuho Research Analyst, discusses the utilities sector following the Fed's latest rate decision.

Other symbols: AEECEGCMSDDTEEIXIDA
3 months ago - CNBC Television

Xcel Energy Inc. to Webcast Annual Meeting of Shareholders

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy Inc. (NASDAQ: XEL) will hold its 2023 Annual Meeting of Shareholders virtually at 11:00 a.m. central time on May 24, 2023. Shareholders of record at the close...

4 months ago - Business Wire

Xcel Energy First Quarter 2023 Earnings Report

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy Inc. (NASDAQ: XEL) today reported 2023 first quarter GAAP and ongoing earnings of $418 million, or $0.76 per share, compared with $380 million, or $0.70 per s...

5 months ago - Business Wire

Xcel Energy First Quarter 2023 Earnings Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--On Thursday, April 27, 2023, Xcel Energy (NASDAQ: XEL) will host a conference call to review first quarter 2023 financial results. The earnings report will be released pr...

6 months ago - Business Wire

Radioactive water leaks at Xcel Energy's Minnesota nuclear plant for 2nd time

Water containing a radioactive material has leaked for a second time from a nuclear plant near Minneapolis and the plant will be shut down, but there is no danger to the public, the plant's owner said...

6 months ago - Market Watch

Don't Overlook This Reliable, Dividend-Paying Sector

What happens when markets go into panic mode? Investors turn to asset classes or sectors they believe are likely to either pay a dividend or that have a low correlation to equity markets.

Other symbols: AEPDUKGNENEESOVIA
7 months ago - MarketBeat

These 3 Utilities Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

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: AEESRE
7 months ago - Benzinga

Xcel Energy Inc. Board Increases 2023 Common Dividend 6.7%, 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 48.75 cents per share to 52 cents per shar...

7 months ago - Business Wire

Xcel Energy Named a World's Most Admired Company for 10th Consecutive Year

MINNEAPOLIS--(BUSINESS WIRE)--For the tenth year in a row, Xcel Energy has been honored as one of the World's Most Admired Companies by Fortune magazine. The Minneapolis-based utility ranked first i...

8 months ago - Business Wire

Form Energy Partners with Xcel Energy on Two Multi-day Energy Storage Projects

BOSTON--(BUSINESS WIRE)--Form Energy, Inc., an American technology company developing and commercializing a new class of cost-effective, multi-day energy storage systems, announced today that it has...

8 months ago - Business Wire

Xcel Energy 2022 Year End Earnings Report

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy Inc. (NASDAQ: XEL) today reported 2022 GAAP and ongoing earnings of $1.74 billion, or $3.17 per share, compared with $1.60 billion, or $2.96 per share in th...

8 months ago - Business Wire

Xcel Energy Year End 2022 Earnings Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--On Thursday, January 26, 2023, Xcel Energy (NASDAQ: XEL) will host a conference call to review fourth quarter and year end 2022 financial results. The earnings report w...

9 months ago - Business Wire

Quanta Services Selected for Colorado's Power Pathway Transmission Project

Project Expected to Extend Through 2027, Supporting Multi-Year Visibility and Growth Opportunities HOUSTON , Dec. 22, 2022 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that it has...

Other symbols: PWR
10 months ago - PRNewsWire

Xcel Energy to exit coal operations at Tolk Generating Station in Texas earlier than planned

Xcel Energy Inc. XEL, -0.69% said Monday that it will retire coal operations at its Tolk Generating Station in Texas in 2028, more than four years earlier than expected. The Minneapolis-based electric...

11 months ago - Market Watch