Xcel Energy (NASDAQ:XEL) Releases Quarterly Earnings Results, Misses Expectations By $0.06 EPS

Xcel Energy (NASDAQ:XEL) released its quarterly earnings data on Thursday. The company reported $0.81 earnings per share for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.06), Zacks reports. Xcel Energy had a return on equity of 10.76% and a net margin of 13.67%. Xcel Energy updated its FY 2025 guidance to 3.750-3.850 EPS.

Xcel Energy Stock Performance

XEL stock traded down $0.68 during trading hours on Thursday, hitting $67.27. 2,203,870 shares of the stock were exchanged, compared to its average volume of 3,500,865. The company has a 50-day simple moving average of $67.58 and a two-hundred day simple moving average of $64.79. The firm has a market capitalization of $38.63 billion, a P/E ratio of 19.96, a P/E/G ratio of 2.54 and a beta of 0.43. The company has a current ratio of 0.93, a quick ratio of 0.82 and a debt-to-equity ratio of 1.42. Xcel Energy has a 12 month low of $46.79 and a 12 month high of $73.38.

Xcel Energy Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 29th. Shareholders of record on Monday, January 6th were paid a $0.5475 dividend. This represents a $2.19 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date of this dividend was Monday, January 6th. Xcel Energy’s dividend payout ratio is currently 64.99%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on XEL shares. KeyCorp increased their price objective on shares of Xcel Energy from $74.00 to $79.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 4th. Wells Fargo & Company upgraded shares of Xcel Energy from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $70.00 to $72.00 in a report on Monday, January 13th. Barclays reduced their target price on shares of Xcel Energy from $71.00 to $69.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 22nd. Jefferies Financial Group upgraded shares of Xcel Energy from a “hold” rating to a “buy” rating and lifted their price target for the company from $71.00 to $76.00 in a research report on Friday, November 1st. Finally, Morgan Stanley lowered their target price on Xcel Energy from $74.00 to $72.00 and set an “equal weight” rating for the company in a research note on Friday, November 22nd. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $69.64.

Xcel Energy Company Profile

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.