Xcel Energy (NASDAQ:XEL) Releases FY 2026 Earnings Guidance

Xcel Energy (NASDAQ:XEL) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 4.040-4.160 for the period, compared to the consensus earnings per share estimate of 4.110. The company issued revenue guidance of -.

Xcel Energy Price Performance

Shares of NASDAQ:XEL traded down $0.70 during trading on Thursday, hitting $78.71. 5,248,026 shares of the company were exchanged, compared to its average volume of 5,151,283. The business’s 50 day moving average is $79.40 and its 200-day moving average is $79.70. The company has a market capitalization of $49.16 billion, a P/E ratio of 21.56, a price-to-earnings-growth ratio of 2.06 and a beta of 0.39. The company has a quick ratio of 0.62, a current ratio of 0.70 and a debt-to-equity ratio of 1.49. Xcel Energy has a 1-year low of $71.29 and a 1-year high of $84.23.

Xcel Energy (NASDAQ:XEL) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.14. The company had revenue of $3.12 billion during the quarter, compared to analysts’ expectations of $3.54 billion. Xcel Energy had a return on equity of 10.65% and a net margin of 15.28%.Xcel Energy’s revenue was down 5.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.59 EPS. Equities analysts forecast that Xcel Energy will post 4.11 earnings per share for the current year.

Xcel Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 20th. Shareholders of record on Tuesday, September 15th will be given a $0.5925 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.37 annualized dividend and a yield of 3.0%. Xcel Energy’s dividend payout ratio (DPR) is currently 64.93%.

Analysts Set New Price Targets

Several analysts have recently weighed in on XEL shares. BMO Capital Markets reduced their price target on Xcel Energy from $95.00 to $92.00 and set an “outperform” rating on the stock in a report on Wednesday, July 22nd. New Street Research set a $91.00 price objective on shares of Xcel Energy in a report on Tuesday, June 23rd. Barclays raised their price objective on shares of Xcel Energy from $87.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, July 9th. Weiss Ratings reissued a “buy (b-)” rating on shares of Xcel Energy in a report on Wednesday, June 17th. Finally, Wall Street Zen cut shares of Xcel Energy from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Xcel Energy currently has a consensus rating of “Buy” and an average target price of $92.41.

Hedge Funds Weigh In On Xcel Energy

A number of institutional investors and hedge funds have recently modified their holdings of the business. Garton & Associates Financial Advisors LLC bought a new stake in shares of Xcel Energy in the 4th quarter valued at $30,000. Advocate Investing Services LLC bought a new position in Xcel Energy during the fourth quarter worth $38,000. Ankerstar Wealth LLC acquired a new stake in Xcel Energy in the fourth quarter worth $40,000. Measured Wealth Private Client Group LLC acquired a new stake in Xcel Energy in the third quarter worth $42,000. Finally, Gilpin Wealth Management LLC bought a new stake in Xcel Energy in the fourth quarter valued at $43,000. 78.38% of the stock is currently owned by institutional investors.

About Xcel Energy

Xcel Energy (NASDAQ: XEL) is a Minneapolis-based, publicly traded utility holding company that develops, owns and operates regulated electricity and natural gas delivery systems. The company’s core activities include generation, transmission and distribution of electricity, the delivery of natural gas to customers, and related customer service operations. Xcel provides a mix of utility services to residential, commercial and industrial customers and participates in wholesale energy markets where appropriate.

Its generation portfolio combines nuclear, natural gas, coal and a growing share of renewable resources such as wind and solar.