The company XEL is set to announce its latest quarterly earnings on Wednesday, April 29th, with a consensus estimate EPS of $0.92.
Xcel Energy Inc. (XEL) is currently priced at $79.5, showing an increase of 8.97 cents (0.113%) from the previous close. Trading volume is at $1.19 million, 25.51% higher than the average.
In the most recent earnings report on February 4th, XEL reported an EPS of 95 cents, slightly below the consensus estimate of 98 cents.
XEL offers a forward dividend yield of 3%, with a dividend per share of 59.25 cents (MRQ) and a year-over-year increase of 4.1096 cents.
KeyBanc recently maintained an "Overweight" grade for XEL, with the price at $80.32 and advising a "hold" action.
XEL reported a free cash flow of $717 million, with significant debt repayment of $4.29 billion, resulting in a net cash decrease of $873 million.
The company recorded a net income of $567 million, with an EPS and diluted EPS both at 95 cents. Operating income stood at $876 million.
Key ratios include a net profit margin of 15.92%, return on equity of 2.4%, and a price-to-earnings ratio of 19.38.
XEL's total assets amount to $81.37 billion, with total debt at $34.78 billion, resulting in a net debt of $34.51 billion.
This financial report highlights XEL's performance and financial health, providing valuable insights for investors.
Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources. It also purchases, transports, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects, as well as procures equipment for the construction of renewable generation facilities. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. The company sells electricity to approximately 3.7 million customers; and natural gas to approximately 2.1 million customers. Xcel Energy Inc. was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.