Media coverage about Xcel Energy (NYSE:XEL) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Xcel Energy earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news stories about the utilities provider an impact score of 45.5975075728639 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
Xcel Energy (NYSE:XEL) traded down $0.37 on Friday, hitting $45.15. The stock had a trading volume of 3,422,567 shares, compared to its average volume of 3,150,000. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.87 and a quick ratio of 0.68. Xcel Energy has a twelve month low of $40.43 and a twelve month high of $52.22. The firm has a market capitalization of $22,930.00, a PE ratio of 19.38, a P/E/G ratio of 3.51 and a beta of 0.21.
Xcel Energy (NYSE:XEL) last posted its earnings results on Thursday, October 26th. The utilities provider reported $0.97 EPS for the quarter, topping the Zacks’ consensus estimate 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 analysts’ expectations of $3.27 billion. During the same quarter in the previous year, the firm earned $0.90 earnings per share. The business’s revenue was down .8% compared to the same quarter last year. equities research analysts forecast that Xcel Energy will post 2.31 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Saturday, January 20th. Investors of record on Thursday, December 28th will be given a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 3.19%. The ex-dividend date of this dividend is Wednesday, December 27th. Xcel Energy’s dividend payout ratio (DPR) is presently 61.80%.
XEL has been the topic of a number of analyst reports. Zacks Investment Research cut Xcel Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, September 26th. 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. Jefferies Group restated a “hold” rating and issued a $50.00 price target on shares of Xcel Energy in a research note on Friday, October 6th. Royal Bank of Canada restated a “hold” rating and issued a $48.00 price target on shares of Xcel Energy in a research note on Tuesday, October 10th. Finally, JPMorgan Chase & Co. raised their price target on Xcel Energy from $51.00 to $53.00 and gave the company an “overweight” rating in a research note on Thursday, October 12th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. Xcel Energy presently has an average rating of “Hold” and an average target price of $49.09.
In related news, insider Mark E. Stoering sold 20,187 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $49.66, for a total value of $1,002,486.42. Following the transaction, the insider now owns 48,424 shares in the company, valued at approximately $2,404,735.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Timothy V. Wolf sold 3,000 shares of the business’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $49.48, for a total value of $148,440.00. Following the completion of the transaction, the director now owns 3,700 shares in the company, valued at approximately $183,076. The disclosure for this sale can be found here. Insiders sold a total of 28,363 shares of company stock worth $1,415,265 in the last 90 days. 0.22% of the stock is currently owned by 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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