Xcel Energy Inc. (NYSE:XEL) is set to issue its quarterly earnings data before the market opens on Monday, November 21st. Xcel Energy has set its FY17 guidance at $2.25-2.35 EPS.

Xcel Energy (NYSE:XEL) last announced its quarterly earnings results on Thursday, October 27th. The company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.03. The company earned $3.04 billion during the quarter, compared to the consensus estimate of $3.33 billion. Xcel Energy had a net margin of 10.08% and a return on equity of 10.29%. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.84 earnings per share. On average, analysts expect Xcel Energy to post $2.2 EPS for the current fiscal year and $2.31 EPS for the next fiscal year.

Earnings History for Xcel Energy (NYSE:XEL)

Shares of Xcel Energy Inc. (NYSE:XEL) traded down 0.69% on Friday, hitting $38.73. 1,215,313 shares of the stock traded hands. The firm has a market cap of $19.67 billion, a P/E ratio of 17.85 and a beta of 0.08. The stock has a 50-day moving average price of $40.13 and a 200 day moving average price of $41.83. Xcel Energy Inc. has a 52 week low of $34.33 and a 52 week high of $45.42.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 20th. Investors of record on Thursday, September 15th were issued a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 3.49%. The ex-dividend date was Tuesday, September 13th. Xcel Energy’s dividend payout ratio (DPR) is presently 62.67%.

In related news, EVP Marvin E. Jr. Mcdaniel sold 11,900 shares of the business’s stock in a transaction dated Friday, August 26th. The shares were sold at an average price of C$41.66, for a total transaction of C$495,754.00. Following the transaction, the executive vice president now owns 79,404 shares in the company, valued at C$3,307,970.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider David L. Eves sold 10,000 shares of the business’s stock in a transaction dated Thursday, November 3rd. The shares were sold at an average price of C$40.57, for a total transaction of C$405,700.00. Following the transaction, the insider now owns 50,362 shares in the company, valued at approximately C$2,043,186.34. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by company insiders.

Several institutional investors have recently made changes to their positions in the stock. Eaton Vance Management boosted its position in shares of Xcel Energy by 1.7% in the third quarter. Eaton Vance Management now owns 20,453 shares of the company’s stock valued at $841,000 after buying an additional 350 shares in the last quarter. Ameritas Investment Partners Inc. boosted its position in shares of Xcel Energy by 4.7% in the second quarter. Ameritas Investment Partners Inc. now owns 10,042 shares of the company’s stock valued at $450,000 after buying an additional 449 shares in the last quarter. Advantus Capital Management Inc boosted its position in shares of Xcel Energy by 1.0% in the second quarter. Advantus Capital Management Inc now owns 49,307 shares of the company’s stock valued at $2,208,000 after buying an additional 477 shares in the last quarter. Reliance Trust Co. of Delaware boosted its position in shares of Xcel Energy by 8.9% in the second quarter. Reliance Trust Co. of Delaware now owns 7,592 shares of the company’s stock valued at $340,000 after buying an additional 621 shares in the last quarter. Finally, Bank of Nova Scotia boosted its position in shares of Xcel Energy by 6.6% in the second quarter. Bank of Nova Scotia now owns 10,120 shares of the company’s stock valued at $453,000 after buying an additional 630 shares in the last quarter. Institutional investors own 70.37% of the company’s stock.

Several research analysts have commented on XEL shares. JPMorgan Chase & Co. set a $49.00 price target on shares of Xcel Energy and gave the company a “buy” rating in a report on Thursday, September 8th. SunTrust Banks Inc. lifted their price objective on shares of Xcel Energy from $41.00 to $42.00 and gave the stock a “neutral” rating in a report on Monday, September 26th. Jefferies Group lifted their price objective on shares of Xcel Energy from $42.00 to $45.00 and gave the stock a “hold” rating in a report on Thursday, August 4th. Zacks Investment Research downgraded shares of Xcel Energy from a “hold” rating to a “sell” rating in a report on Wednesday, September 21st. Finally, Argus reaffirmed a “buy” rating and set a $48.00 price objective on shares of Xcel Energy in a report on Monday, September 26th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of C$43.25.

Xcel Energy Company Profile

Xcel Energy Inc is a public utility holding company. The Company’s operations include activity of four utility subsidiaries that serve electric and natural gas customers. Its segments are regulated electric utility, regulated natural gas utility and all other. The regulated electric utility segment generates, transmits and distributes electricity in Minnesota, Wisconsin, Michigan, North Dakota, South Dakota, Colorado, Texas and New Mexico.

5 Day Chart for NYSE:XEL

Receive News & Stock Ratings for Xcel Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xcel Energy Inc. and related stocks with our FREE daily email newsletter.