From MarketBeat:

Xcel Energy Inc. receives an average rating of “Hold” from twelve analysts covering the stock. Seven analysts rate it as “Hold,” while five recommend buying the stock. The average twelve-month target price is $65.00. Xcel Energy stock opened at $59.39 on Friday with a market cap of $32.77 billion. The company has a dividend payout ratio of 64.80% and a yield of 3.50%. Xcel Energy reported $0.83 earnings per share for the last quarter.

Institutional investors and hedge funds have been actively trading Xcel Energy. Country Trust Bank raised its position in shares of Xcel Energy by 106.6% in the third quarter. Hedge funds and other institutional investors own 77.83% of the company’s stock. The company generates electricity through a variety of sources, such as coal, nuclear, natural gas, hydroelectric, solar, and wind energy.

Xcel Energy Inc last released its quarterly earnings data on Thursday, January 25th. The company reported $0.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.02). The firm had revenue of $3.44 billion for the quarter, compared to analysts’ expectations of $4.01 billion. Xcel Energy had a return on equity of 10.88% and a net margin of 12.47%.

The company announced a quarterly dividend, paying shareholders $0.52 per share. Several brokerages recently commented on XEL, lifting their price target on the company, contributing to a current share price of $59.39 on Friday. Xcel Energy has a 12-month low of $53.73 and a 12-month high of $71.96. The company has a current ratio of 0.87, a quick ratio of 0.73, and a debt-to-equity ratio of 1.44.



Read more: Xcel Energy Inc. (NASDAQ:XEL) Receives Average Rating of “Hold” from Brokerages