Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Xcel Energy (XEL) Stock Price
Media coverage about Xcel Energy (NYSE:XEL) has trended somewhat positive recently, according to Accern. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Xcel Energy earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned news coverage about the utilities provider an impact score of 44.4898698833989 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news articles that may have impacted Accern’s scoring:
- Xcel Energy (XEL) Announces Earnings Results, Misses Estimates By $0.01 EPS (americanbankingnews.com)
- Xcel Energy (XEL) Updates FY18 Earnings Guidance (americanbankingnews.com)
- Do What Insiders Does: Xcel Energy Inc. (XEL), Fairmount Santrol … – Market Movers (financialqz.com)
- Here’s What to Focus on: Xcel Energy Inc (NASDAQ: XEL) – Alpha Beta Stock (alphabetastock.com)
- Xcel Energy Inc Earnings Retreat In Q4 – Nasdaq (nasdaq.com)
Xcel Energy (XEL) opened at $42.46 on Thursday. Xcel Energy has a 1 year low of $41.16 and a 1 year high of $52.22. The company has a market capitalization of $21,560.00, a P/E ratio of 18.22, a P/E/G ratio of 3.32 and a beta of 0.12. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.68 and a current ratio of 0.87.
The firm also recently announced a quarterly dividend, which was paid on Saturday, January 20th. Shareholders of record on Thursday, December 28th were paid a dividend of $0.36 per share. The ex-dividend date of this dividend was Wednesday, December 27th. This represents a $1.44 annualized dividend and a yield of 3.39%. Xcel Energy’s dividend payout ratio (DPR) is 61.80%.
Several research firms have recently weighed in on XEL. Morgan Stanley raised their target price on Xcel Energy from $50.00 to $53.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 13th. Royal Bank of Canada restated a “hold” rating and issued a $49.00 target price on shares of Xcel Energy in a research report on Thursday, February 1st. SunTrust Banks restated a “hold” rating and issued a $48.00 target price on shares of Xcel Energy in a research report on Monday, December 4th. ValuEngine upgraded Xcel Energy from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. Finally, Zacks Investment Research downgraded Xcel Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, December 12th. Ten equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Hold” and an average price target of $48.92.
In other Xcel Energy news, EVP Marvin E. Jr. Mcdaniel sold 5,176 shares of the firm’s stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $51.07, for a total transaction of $264,338.32. Following the completion of the sale, the executive vice president now owns 81,371 shares of the company’s stock, valued at $4,155,616.97. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.22% of the stock is owned by company insiders.
ILLEGAL ACTIVITY WARNING: This story was reported by Daily Political and is the sole property of of Daily Political. If you are accessing this story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The original version of this story can be viewed at https://www.dailypolitical.com/2018/02/08/somewhat-favorable-media-coverage-somewhat-unlikely-to-affect-xcel-energy-xel-stock-price.html.
Xcel Energy Company Profile
Xcel Energy Inc is a public utility holding company. The Company’s operations include the activity of four utility subsidiaries that serve electric and natural gas customers in eight states. The Company’s segments include regulated electric utility, regulated natural gas utility and all other. The Company’s utility subsidiaries include NSP-Minnesota, NSP-Wisconsin, Public Service Company of Colorado (PSCo) and Southwestern Public Service Co (SPS), which serve customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin.
Receive News & Ratings for Xcel Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xcel Energy and related companies with MarketBeat.com's FREE daily email newsletter.