Q2 EPS Estimates for Xcel Energy Reduced by Zacks Research

Xcel Energy Inc. (NASDAQ:XEL) – Investment analysts at Zacks Research dropped their Q2 2026 earnings per share (EPS) estimates for Xcel Energy in a research report issued to clients and investors on Tuesday, December 17th. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $0.59 for the quarter, down from their prior estimate of $0.60. The consensus estimate for Xcel Energy’s current full-year earnings is $3.54 per share.

Xcel Energy (NASDAQ:XEL) last issued its quarterly earnings results on Thursday, October 31st. The company reported $1.25 EPS for the quarter, missing analysts’ consensus estimates of $1.26 by ($0.01). The business had revenue of $3.64 billion during the quarter, compared to analysts’ expectations of $3.93 billion. Xcel Energy had a net margin of 13.67% and a return on equity of 10.76%. The company’s revenue for the quarter was down .5% on a year-over-year basis. During the same period in the prior year, the company posted $1.23 EPS.

Several other brokerages have also weighed in on XEL. Morgan Stanley dropped their target price on Xcel Energy from $74.00 to $72.00 and set an “equal weight” rating on the stock in a research report on Friday, November 22nd. KeyCorp upped their target price on Xcel Energy from $74.00 to $79.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 4th. Wells Fargo & Company raised their price objective on shares of Xcel Energy from $63.00 to $66.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 16th. JPMorgan Chase & Co. upgraded Xcel Energy from a “neutral” rating to an “overweight” rating and increased their price target for the company from $69.00 to $80.00 in a research report on Thursday, December 12th. Finally, Barclays raised their target price on shares of Xcel Energy from $67.00 to $71.00 and gave the stock an “overweight” rating in a report on Tuesday, November 26th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $69.17.

Xcel Energy Trading Up 1.1 %

NASDAQ:XEL opened at $67.40 on Friday. The business’s 50 day moving average is $67.73 and its two-hundred day moving average is $61.79. Xcel Energy has a 52 week low of $46.79 and a 52 week high of $73.38. The company has a market cap of $38.70 billion, a PE ratio of 20.00, a P/E/G ratio of 2.79 and a beta of 0.41. The company has a quick ratio of 0.82, a current ratio of 0.93 and a debt-to-equity ratio of 1.42.

Xcel Energy Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 29th. Shareholders of record on Monday, January 6th will be issued a dividend of $0.5475 per share. The ex-dividend date is Monday, January 6th. This represents a $2.19 dividend on an annualized basis and a dividend yield of 3.25%. Xcel Energy’s payout ratio is presently 64.99%.

Institutional Investors Weigh In On Xcel Energy

Several large investors have recently made changes to their positions in the company. Lantz Financial LLC grew its holdings in Xcel Energy by 57.3% during the 2nd quarter. Lantz Financial LLC now owns 6,254 shares of the company’s stock worth $334,000 after acquiring an additional 2,277 shares during the last quarter. Fifth Third Wealth Advisors LLC bought a new stake in shares of Xcel Energy during the second quarter valued at approximately $227,000. &PARTNERS raised its position in Xcel Energy by 354.6% in the 2nd quarter. &PARTNERS now owns 27,329 shares of the company’s stock worth $1,455,000 after purchasing an additional 21,317 shares during the last quarter. Retirement Systems of Alabama lifted its holdings in Xcel Energy by 0.6% during the 2nd quarter. Retirement Systems of Alabama now owns 122,567 shares of the company’s stock worth $6,546,000 after buying an additional 773 shares in the last quarter. Finally, Family Firm Inc. bought a new position in Xcel Energy in the 2nd quarter valued at $108,000. Institutional investors own 78.38% of the company’s stock.

About Xcel Energy

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.