Xcel Energy Inc. (XEL) Updates FY17 Earnings Guidance

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Xcel Energy logoXcel Energy Inc. (NYSE:XEL) up to date its FY17 earnings steering on Thursday. The firm supplied earnings per share steering of $2.27-2.32 for the interval, in comparison with the Thomson Reuters consensus earnings per share estimate of $2.31. Xcel Energy additionally up to date its FY18 steering to $2.37-2.47 EPS.

Several brokerages have lately issued reviews on XEL. ValuEngine raised Xcel Energy from a maintain ranking to a purchase ranking in a badysis word on Thursday. Mizuho reissued a maintain ranking and issued a $46.00 goal worth on shares of Xcel Energy in a badysis word on Friday, September 29th. BMO Capital Markets elevated their goal worth on Xcel Energy from $46.00 to $47.00 and gave the corporate a market carry out ranking in a badysis word on Friday, July 28th. Royal Bank of Canada reissued a maintain ranking and issued a $48.00 goal worth on shares of Xcel Energy in a badysis word on Tuesday, October 10th. Finally, Jefferies Group LLC reissued a maintain ranking and issued a $50.00 goal worth on shares of Xcel Energy in a badysis word on Friday, October sixth. Nine funding badysts have rated the inventory with a maintain ranking, 4 have issued a purchase ranking and one has issued a robust purchase ranking to the corporate’s inventory. The inventory at present has a consensus ranking of Hold and a consensus goal worth of $48.91.

Xcel Energy Inc. (NYSE:XEL) opened at $50.20 on Friday. The firm has a present ratio of zero.87, a fast ratio of zero.68 and a debt-to-equity ratio of 1.27. The inventory has a market capitalization of $25,647.10, a PE ratio of 21.58, a P/E/G ratio of four.00 and a beta of zero.21. Xcel Energy Inc. has a fifty-two week low of $38.20 and a fifty-two week excessive of $50.57.

Xcel Energy (NYSE:XEL) final posted its quarterly earnings outcomes on Thursday, October 26th. The utilities supplier reported $zero.97 earnings per share for the quarter, beating the Zacks’ consensus estimate of $zero.92 by $zero.05. The agency had income of $three.02 billion throughout the quarter, in comparison with the consensus estimate of $three.27 billion. Xcel Energy had a return on fairness of 10.63% and a web margin of 10.40%. The enterprise’s income was down .eight% in comparison with the identical quarter final yr. During the identical interval final yr, the corporate earned $zero.90 earnings per share. badysts anticipate that Xcel Energy Inc. will publish 2.31 EPS for the present yr.

The enterprise additionally lately declared a quarterly dividend, which was paid on Friday, October 20th. Shareholders of document on Friday, September 15th had been paid a $zero.36 dividend. The ex-dividend date was Thursday, September 14th. This represents a $1.44 dividend on an annualized foundation and a yield of two.87%. Xcel Energy’s dividend payout ratio is 61.54%.

In different information, insider Mark E. Stoering offered 20,187 shares of the agency’s inventory in a transaction that occurred on Monday, November sixth. The inventory was offered at a median worth of $49.66, for a complete worth of $1,002,486.42. Following the completion of the sale, the insider now immediately owns 48,424 shares of the corporate’s inventory, valued at $2,404,735.84. The transaction was disclosed in a authorized submitting with the SEC, which is accessible by this hyperlink. Also, Director Timothy V. Wolf offered three,00zero shares of the agency’s inventory in a transaction that occurred on Wednesday, November 1st. The shares had been offered at a median worth of $49.48, for a complete worth of $148,440.00. Following the completion of the sale, the director now immediately owns three,700 shares of the corporate’s inventory, valued at $183,076. The disclosure for this sale may be discovered right here. zero.22% of the inventory is owned by firm insiders.

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About Xcel Energy

Xcel Energy Inc is a public utility holding firm. The Company’s operations embody the exercise of 4 utility subsidiaries that serve electrical and pure gasoline prospects in eight states. The Company’s segments embody regulated electrical utility, regulated pure gasoline utility and all different. The Company’s utility subsidiaries embody NSP-Minnesota, NSP-Wisconsin, Public Service Company of Colorado (PSCo) and Southwestern Public Service Co (SPS), which serve prospects in parts of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin.

Earnings History and Estimates for Xcel Energy (NYSE:XEL)




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