Xcel Energy, Inc XEL Stock Price Today, Quote, Latest Discussions, Interactive Chart and News

According to 14 analysts, the average rating for XEL stock is “Buy.” The 12-month stock price forecast is $67.31, which is an increase of 21.08% from the latest price. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. The technique has proven to be very useful for finding positive surprises. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

• We’d like to share more about how we work and what drives our day-to-day business.
• Style is calculated by combining value and growth scores, which are first individually calculated.
• A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

Investors of record on Friday, September 15th will be given a dividend of $0.52 per share on Friday, October 20th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.74%. So, this means that for every $1 of its shareholder’s investments, the company generates a profit of $0.10. Even in the month of August, when the S&P 500 is down nearly 4%, shares of Axon are up more than 6%. Investors like the company’s fairly predictable earnings growth. Axon’s adjusted profit rose every year in the past five years other than a 7% dip in 2022.

Company Profile XEL

The stock gained an average of 42.3% in the past five years and didn’t fall even once. Find low-risk S&P 500 stocks they can make even more on — a tall order only a few can meet. MINNEAPOLIS–(BUSINESS WIRE)–Xcel Energy’s Sustainability Report shows over half of the power it generates across the eight states it serves now comes from carbon-free sources. We’d like to share more about how we work and what drives our day-to-day business. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

• With that said, a high ROE doesn’t always indicate high profitability.
• So, this means that for every $1 of its shareholder’s investments, the company generates a profit of $0.10.
• 11 Wall Street analysts have issued twelve-month target prices for Xcel Energy’s shares.
• More value-oriented stocks tend to represent financial services, utilities, and energy stocks.

That makes him the largest single holder with a stake worth $116 billion. That accounts for nearly 98% of his $119 billion in total wealth. Shares of his Berkshire Hathaway gained each of the past five years and year-to-date by an average of 10.9%. That’s not the highest return of these consistent gainers in the S&P 500, but the volatility is lower, too. Amazingly, the five-year beta of Berkshire Hathaway is just 0.87.

For Business

If two companies have the same ROE, then I would generally prefer the one with less debt. Xcel Energy clearly uses a high amount of debt to boost returns, as it has a debt to equity ratio of 1.51. Its ROE is quite low, even with the use of significant debt; that’s not a good result, in our opinion. Debt does bring extra risk, so it’s only really worthwhile when a company generates some decent returns from it.

Since then, XEL shares have decreased by 20.7% and is now trading at $55.59. Which stocks are major institutional investors including hedge funds and endowments buying in today’s market? Click the link below and we’ll send you MarketBeat’s list of thirteen stocks that institutional investors are buying up as quickly as they can.

The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month.

NASDAQ: EXC

We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Virtually all companies need money to invest in the business, to grow profits.

Analysts think the company’s profit will rise 63% in 2023 and another 7.5% in 2024. Return on equity is useful for comparing the quality of different businesses. A company that can achieve a high return on equity without debt could be considered a high quality business.

Xcel Energy to exit coal operations at Tolk Generating Station in Texas earlier than planned

The limitation of this approach is that some companies are quite different from others, even within the same industry classification. As you can see in the graphic below, Xcel Energy has a higher ROE than the average (8.3%) in the Electric Utilities industry. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Forex atr Simply put, it is used to assess the profitability of a company in relation to its equity capital. Investors turn to asset classes or sectors they believe are likely to either pay a dividend or that have a low correlation to equity markets. MINNEAPOLIS–(BUSINESS WIRE)–Xcel Energy announced today that Timothy Welsh has been elected to the company’s board of directors, effective immediately.

Xcel Energy Inc. said Wednesday that it raised its quarterly dividend by 6.4%, to 45.75 cents a share from 43.00 cents. The electric and natural-gas company’s new dividend is payable April 20 to shareholders of record on … These consistently rising stocks posted an average gain in the past five years of 23.8%. And it’s nearly double the S&P 500’s total average annual return of 12.1% during that time, says IFA.com. Keep in mind even the S&P 500 dropped two out of the past five years. Xcel Energy has an annual dividend of $2.08 per share, with a forward yield of 3.74%.

That cash can come from issuing shares, retained earnings, or debt. In the case of the first and second options, the ROE will reflect this use https://investmentsanalysis.info/ of cash, for growth. In the latter case, the debt required for growth will boost returns, but will not impact the shareholders’ equity.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum.

Company Ownership

“Markets will likely have more choppiness ahead because of these complications.” Less than 2% of the stocks in the S&P 500 pull it off, showing just how rare such stocks that go up so consistently are. MINNEAPOLIS–(BUSINESS WIRE)–Xcel Energy announced today a proposal to advance the retirement of coal operations at Tolk Generating Station in Texas to 2028, more than four years earlier than planned… BOSTON–(BUSINESS WIRE)–Form Energy, Inc., an American technology company developing and commercializing a new class of cost-effective, multi-day energy storage systems, announced today that it has… MINNEAPOLIS–(BUSINESS WIRE)–For the tenth year in a row, Xcel Energy has been honored as one of the World’s Most Admired Companies by Fortune magazine. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.

More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends. 11 Wall Street analysts have issued twelve-month target prices for Xcel Energy’s shares. Their XEL share price forecasts range from $59.00 to $75.00. On average, they expect the company’s share price to reach $67.17 in the next year.

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At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.