Brokers Offer Predictions for Xcel Energy FY2026 Earnings

Xcel Energy Inc. (NASDAQ:XEL) – Analysts at Scotiabank issued their FY2026 earnings estimates for shares of Xcel Energy in a research report issued on Thursday, October 1st. Scotiabank analyst I. Rapp expects that the company will earn $4.12 per share for the year. Scotiabank has a “Strong-Buy” rating on the stock. The consensus estimate for Xcel Energy’s current full-year earnings is $4.12 per share. Scotiabank also issued estimates for Xcel Energy’s FY2027 earnings at $4.47 EPS.

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

Several other equities analysts have also recently issued reports on the company. Truist Financial lowered their price objective on Xcel Energy from $94.00 to $88.00 and set a “buy” rating on the stock in a research report on Thursday, August 13th. BMO Capital Markets reduced their target price on Xcel Energy from $95.00 to $92.00 and set an “outperform” rating for the company in a report on Wednesday, July 22nd. Barclays boosted their price target on Xcel Energy from $87.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, July 9th. KeyCorp reaffirmed an “overweight” rating on shares of Xcel Energy in a report on Monday, June 8th. Finally, New Street Research set a $91.00 price objective on Xcel Energy in a research report on Tuesday, June 23rd. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $91.65.

Xcel Energy Price Performance

Shares of XEL opened at $71.49 on Monday. The company has a market capitalization of $44.65 billion, a P/E ratio of 19.59, a price-to-earnings-growth ratio of 2.41 and a beta of 0.36. The company has a quick ratio of 0.62, a current ratio of 0.70 and a debt-to-equity ratio of 1.49. The firm has a 50 day moving average of $75.50 and a 200 day moving average of $78.21. Xcel Energy has a twelve month low of $68.72 and a twelve month high of $84.23.

Xcel Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 20th. Investors of record on Tuesday, September 15th will be issued a $0.5925 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.37 annualized dividend and a yield of 3.3%. Xcel Energy’s dividend payout ratio (DPR) is currently 64.93%.

Institutional Investors Weigh In On Xcel Energy

Large investors have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp acquired a new position in Xcel Energy during the second quarter worth $280,187,000. Jupiter Topco LLC acquired a new stake in Xcel Energy in the second quarter valued at $94,211,000. Bank of America Corp DE lifted its stake in Xcel Energy by 1.7% in the second quarter. Bank of America Corp DE now owns 29,933,748 shares of the company’s stock valued at $2,403,680,000 after acquiring an additional 491,937 shares during the last quarter. Electron Capital Partners LLC grew its position in shares of Xcel Energy by 15.2% in the 4th quarter. Electron Capital Partners LLC now owns 1,936,695 shares of the company’s stock valued at $143,044,000 after acquiring an additional 255,884 shares during the period. Finally, Allianz Asset Management GmbH grew its position in shares of Xcel Energy by 10,366.0% in the 2nd quarter. Allianz Asset Management GmbH now owns 316,702 shares of the company’s stock valued at $25,431,000 after acquiring an additional 313,676 shares during the period. Institutional investors own 78.38% of the company’s stock.

About Xcel Energy

Xcel Energy Inc is a Minneapolis-based energy company that provides electricity and natural gas through regulated utility operations. Its businesses generate, transmit, distribute and sell electricity, as well as distribute natural gas to residential, commercial and industrial customers.

Through its operating companies, Xcel Energy serves customers in Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. The company’s operations include a diverse generation portfolio featuring wind, solar, hydroelectric, nuclear, natural gas and other energy resources.