FY2027 Earnings Estimate for Xcel Energy Issued By KeyCorp

Xcel Energy Inc. (NASDAQ:XEL) – Equities researchers at KeyCorp issued their FY2027 earnings per share estimates for shares of Xcel Energy in a research report issued to clients and investors on Wednesday, October 15th. KeyCorp analyst S. Karp anticipates that the company will post earnings of $4.46 per share for the year. KeyCorp has a “Overweight” rating and a $85.00 price objective on the stock. The consensus estimate for Xcel Energy’s current full-year earnings is $3.82 per share. KeyCorp also issued estimates for Xcel Energy’s FY2028 earnings at $4.80 EPS.

Several other equities analysts have also issued reports on the company. Evercore ISI started coverage on Xcel Energy in a report on Monday, October 6th. They issued an “outperform” rating and a $92.00 target price for the company. Jefferies Financial Group upped their target price on Xcel Energy from $84.00 to $92.00 and gave the company a “buy” rating in a report on Thursday. Mizuho set a $83.00 target price on Xcel Energy in a report on Thursday, September 25th. Morgan Stanley reduced their target price on Xcel Energy from $81.00 to $80.00 and set an “equal weight” rating for the company in a report on Thursday, September 25th. Finally, Bank of America upped their target price on Xcel Energy from $78.00 to $84.00 and gave the company a “buy” rating in a report on Thursday, September 25th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $84.92.

Xcel Energy Stock Performance

XEL stock opened at $81.16 on Friday. The firm has a market cap of $48.00 billion, a PE ratio of 22.48, a P/E/G ratio of 2.86 and a beta of 0.37. The company has a quick ratio of 0.85, a current ratio of 0.96 and a debt-to-equity ratio of 1.48. The business has a 50 day moving average of $75.40 and a 200-day moving average of $71.68. Xcel Energy has a 12-month low of $62.58 and a 12-month high of $83.01.

Xcel Energy (NASDAQ:XEL) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.09. The firm had revenue of $3.29 billion during the quarter, compared to analyst estimates of $3.31 billion. Xcel Energy had a return on equity of 10.52% and a net margin of 14.85%.The company’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.54 EPS. Xcel Energy has set its FY 2025 guidance at 3.750-3.850 EPS.

Xcel Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, October 20th. Stockholders of record on Monday, September 15th will be issued a $0.57 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $2.28 annualized dividend and a dividend yield of 2.8%. Xcel Energy’s dividend payout ratio is presently 63.16%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Xcel Energy by 1.3% in the first quarter. Vanguard Group Inc. now owns 74,818,158 shares of the company’s stock worth $5,296,377,000 after purchasing an additional 986,170 shares during the period. State Street Corp increased its holdings in shares of Xcel Energy by 0.4% in the second quarter. State Street Corp now owns 34,144,257 shares of the company’s stock worth $2,344,295,000 after purchasing an additional 126,790 shares during the period. Bank of America Corp DE increased its holdings in shares of Xcel Energy by 9.0% in the second quarter. Bank of America Corp DE now owns 26,262,079 shares of the company’s stock worth $1,788,448,000 after purchasing an additional 2,157,602 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in shares of Xcel Energy by 31.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 25,809,978 shares of the company’s stock worth $1,827,090,000 after purchasing an additional 6,109,190 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in shares of Xcel Energy by 7.9% in the first quarter. JPMorgan Chase & Co. now owns 20,811,241 shares of the company’s stock worth $1,473,228,000 after purchasing an additional 1,520,092 shares during the period. Institutional investors own 78.38% of the company’s stock.

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.