Xcel Energy Inc. (XEL)
| 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]
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 StatementsAnalyst 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.
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...
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 ...
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 ...
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...
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 ...
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...
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...
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.
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...
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...
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.
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.
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...