Xcel Energy (XEL) Earning Somewhat Favorable News Coverage, Analysis Shows

Headlines about Xcel Energy (NYSE:XEL) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Xcel Energy earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned headlines about the utilities provider an impact score of 45.5975075728639 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the news headlines that may have impacted Accern Sentiment’s rankings:

Several research firms have weighed in on XEL. Zacks Investment Research downgraded shares of Xcel Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th. SunTrust Banks reaffirmed a “hold” rating and issued a $48.00 price target on shares of Xcel Energy in a research note on Monday, December 4th. Morgan Stanley lifted their price objective on shares of Xcel Energy from $50.00 to $53.00 and gave the company an “equal weight” rating in a report on Wednesday, December 13th. ValuEngine upgraded shares of Xcel Energy from a “hold” rating to a “buy” rating in a report on Thursday, November 9th. Finally, Bank of America began coverage on shares of Xcel Energy in a report on Tuesday, October 24th. They set a “buy” rating and a $53.00 price objective for the company. Ten investment analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $48.92.

Shares of Xcel Energy (NYSE:XEL) opened at $43.50 on Tuesday. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.87 and a quick ratio of 0.68. The stock has a market cap of $22,585.29, a P/E ratio of 18.65, a PEG ratio of 3.32 and a beta of 0.12. Xcel Energy has a 12-month low of $41.16 and a 12-month high of $52.22.

The company also recently announced a quarterly dividend, which was paid on Saturday, January 20th. Investors of record on Thursday, December 28th were issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date was Wednesday, December 27th. Xcel Energy’s dividend payout ratio (DPR) is presently 61.54%.

In other news, EVP Marvin E. Jr. Mcdaniel sold 5,176 shares of the company’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $51.07, for a total value of $264,338.32. Following the completion of the sale, the executive vice president now owns 81,371 shares of the company’s stock, valued at approximately $4,155,616.97. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.22% of the company’s stock.

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About Xcel Energy

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.

Insider Buying and Selling by Quarter for Xcel Energy (NYSE:XEL)

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