Press coverage about Xcel Energy (NYSE:XEL) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Xcel Energy earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave headlines about the utilities provider an impact score of 45.5712105213612 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
Several equities analysts recently weighed in on the company. Mizuho restated a “hold” rating and issued a $46.00 price target on shares of Xcel Energy in a research note on Friday, September 29th. Zacks Investment Research lowered Xcel Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, September 26th. Jefferies Group reiterated a “hold” rating and set a $50.00 price objective on shares of Xcel Energy in a research note on Friday, October 6th. SunTrust Banks reiterated a “hold” rating and set a $44.00 price objective on shares of Xcel Energy in a research note on Tuesday, December 26th. Finally, Bank of America initiated coverage on Xcel Energy in a report on Tuesday, October 24th. They set a “buy” rating and a $53.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Xcel Energy presently has a consensus rating of “Hold” and an average target price of $49.09.
Shares of Xcel Energy (XEL) traded down $0.37 during midday trading on Friday, reaching $45.15. The company’s stock had a trading volume of 3,422,567 shares, compared to its average volume of 3,150,000. The stock has a market capitalization of $22,930.00, a price-to-earnings ratio of 19.38, a price-to-earnings-growth ratio of 3.51 and a beta of 0.21. The company has a current ratio of 0.87, a quick ratio of 0.68 and a debt-to-equity ratio of 1.27. Xcel Energy has a 52 week low of $40.43 and a 52 week high of $52.22.
Xcel Energy (NYSE:XEL) last posted its quarterly earnings data on Thursday, October 26th. The utilities provider reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.05. Xcel Energy had a return on equity of 10.63% and a net margin of 10.40%. The business had revenue of $3.02 billion for the quarter, compared to analyst estimates of $3.27 billion. During the same quarter in the prior year, the company earned $0.90 earnings per share. The company’s revenue was down .8% on a year-over-year basis. analysts predict that Xcel Energy will post 2.31 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Saturday, January 20th. Stockholders of record on Thursday, December 28th will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date is Wednesday, December 27th. Xcel Energy’s dividend payout ratio is currently 61.80%.
In other news, Director Timothy V. Wolf sold 3,000 shares of the stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $49.48, for a total transaction of $148,440.00. Following the completion of the sale, the director now owns 3,700 shares in the company, valued at $183,076. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Marvin E. Jr. Mcdaniel sold 5,176 shares of the stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $51.07, for a total transaction of $264,338.32. Following the sale, the executive vice president now owns 81,371 shares of the company’s stock, valued at approximately $4,155,616.97. The disclosure for this sale can be found here. Insiders sold 28,363 shares of company stock worth $1,415,265 in the last three months. 0.22% of the stock is currently owned by corporate insiders.
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Xcel Energy Company Profile
Xcel Energy Inc is a public utility holding company. The Company’s operations include the activity of four utility subsidiaries that serve electric and natural gas customers in eight states. The Company’s segments include regulated electric utility, regulated natural gas utility and all other. The Company’s utility subsidiaries include NSP-Minnesota, NSP-Wisconsin, Public Service Company of Colorado (PSCo) and Southwestern Public Service Co (SPS), which serve customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin.
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