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Xcel operates across a wide range of regions in the US and across a multitude of utility verticals. While this supports the firm’s accretive scale growth, it also leads Xcel to be vulnerable to the regulatory stresses of each of these states and bureaucratic bodies. As such, as seen with the downward pressure of rate settlements across the Midwest, Xcel may see reduced profitability and rate base growth. As such, rising commodity prices may lead to reduced profitability or demand, which may inhibit scale and reinvestment capabilities. According to my discounted cash flow model, at its base case, the net present value of Xcel is $68.40, meaning, at its current price of $63.12, the stock is undervalued by 8%. The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month.
Ratings – XEL
XEL earnings call for the period ending September 30, 2021. The utility rose along with its peers, but its focus on reducing its carbon footprint is making it increasingly attractive to investors. This company offers a low-risk way to participate in the clean energy revolution.
Xcel Energy’s most recent quarterly dividend payment of $0.52 per share was made to shareholders on Thursday, April 20, 2023. Xcel Energy’s next quarterly dividend payment of $0.52 per share will be made to shareholders on Thursday, July 20, 2023. Most of the other backers of Form Energy aren’t publicly traded. However, Italian energy company Eni (E 3.04%) is an exception. So is Australian financial services company Macquarie Group (MQBK.Y 2.73%), although U.S. investors can only buy the stock over the counter.
That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.
Company Profile
Shares of Xcel Energy Inc. slumped 1.4% in midday trading Friday, and was the biggest decliner among the SPDR Utilities Select Sector ETF’s components. The company said it has restored service for about 80% of its custome… The most recent change in the company’s dividend was an increase of $0.0325 on Wednesday, February 22, 2023. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. You could also invest in the stocks of companies that stand to benefit from Form Energy’s batteries. In addition to the Minnesota project, Xcel plans to build a Form Energy battery system in Pueblo, Colorado.
Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. The technique has proven to be very useful for finding positive surprises. The company hasn’t announced any plans to list its shares on a public stock exchange.
Certain financial information included in Dividend.com is proprietary to Mergent, Inc. (“Mergent”) Copyright © 2014. Reproduction of such information in any form is prohibited. There are 140 stocks going ex-dividend this week starting Monday, Sep 11. See Best Monthly https://g-markets.net/helpful-articles/what-is-a-pip-using-pips-in-forex-trading/ Dividend Stocks Model Portfolio for our top monthly income ideas. BOSTON–(BUSINESS WIRE)–Form Energy, Inc., an American technology company developing and commercializing a new class of cost-effective, multi-day energy storage systems, announced today that it has…
Utility concerns mount as 20 million Americans fall behind on payments
For instance, Xcel maintains the second-lowest PEG ratio amongst peers, alongside the highest book value per share, manifesting the firm’s growth capabilities alongside its strong balance sheet. However, I believe Xcel’s cost-efficient capital model is well-positioned to navigate Midwestern rate standards and litigation concerns will not materially impact the firm’s bottom line in the long run. In the TTM period, Xcel’s stock- down 9.69%- has trailed both SPDR’s Select Utilities Fund (XLU)- down 6.18%- and the general market, as represented by the S&P500 (SPY)- up 15.15%. One share of XEL stock can currently be purchased for approximately $63.79. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.
Additionally, to be conservative, I estimated an average annual revenue growth rate of 4%, to account for slowed growth and compressed rates, less than the historic 5Y averaged revenue growth rate of 6.30%. At the core of the Xcel philosophy remains highly conservative growth driven by residual investments, gradual EPS and dividend growth, all coupled with a secure shareholder return playbook. The latter outlook is grounded by Xcel’s sustainable growth characteristics, historic growth levels, and ESG inclusionary strategy, which will see a lower cost of capital. Learn more about dividend stocks, including information about important dividend dates, the advantages of dividend stocks, dividend yield, and much more in our financial education center. This trading strategy invovles purchasing a stock just before the ex-dividend date in order to collect the dividend and then selling after the stock price has recovered.
Xcel Energy MarketRank™ Forecast
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They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Both Eni and Macquarie participated in several rounds of funding for Form Energy. Looking forward, Xcel’s stability and accretive capital investments will lead to gradual scale and margin growth through operational efficiencies and rate base growth. Even at the minimum projected price target of $64.00, analysts expect a 1.39% YoY increase. Alongside Xcel’s 3.31% dividend, investors can expect to net even more. Moreover, the company has experienced the second-best revenue growth in conjunction with best-in-class earnings and dividend growth. This comes on the back of peerless reinvestment capabilities, with the lowest debt/equity ratio, second-highest ROE, and highest ROA.
- Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
- You could also invest in the stocks of companies that stand to benefit from Form Energy’s batteries.
- Even at the minimum projected price target of $64.00, analysts expect a 1.39% YoY increase.
- When it charges, the battery converts the rust back into iron and emits oxygen.
- Schedule monthly income from dividend stocks with a monthly payment frequency.
- The Relative Strength Index (RSI, 14) currently indicates a reading of 45.92, while the 7-day volatility ratio is showing 1.67% which for the 30-day chart, stands at 1.93%.
The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.
NewsXcel Energy Inc.XEL
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- Analysts are projecting the company’s earnings per share (EPS) to be $0.6, which is expected to increase to $1.44 for fiscal year $3.37 and then to about $3.6 by fiscal year 2024.
- Alpha Spread’s multiples-based relative valuation more than supports my thesis on undervaluation, estimating the stock’s true value to be $120.68, a 48% undervaluation.
- The most recent change in the company’s dividend was an increase of $0.0325 on Wednesday, February 22, 2023.
- When the battery discharges electricity, it takes in oxygen from the air to convert iron to rust.
- For instance, Xcel expects that the Inflation Reduction Act will reduce the levelized cost of renewable projects by 25-60%, and improve cash flows by ~$1.8bn.
Over the past three years, the company’s dividend has grown by an average of 6.38% per year. Tesla is investing in a major way in lithium-ion batteries. The company already has a battery factory in California and is building a second one in China.
The Relative Strength Index (RSI, 14) currently indicates a reading of 45.92, while the 7-day volatility ratio is showing 1.67% which for the 30-day chart, stands at 1.93%. Furthermore, Xcel Energy Inc. (XEL)’s beta value is 0.41, and its average true range (ATR) is 1.22. The company’s stock has been forecasted to trade at an average price of $70.08 over the course of the next 52 weeks, with a low of $64.00 and a high of $78.00. Based on these price targets, the low is -1.7% off current price, whereas the price has to move -23.95% to reach the yearly target high.
Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. The company’s Forward Dividend Ratio is 2.08, with its dividend yield at 3.31%. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.6, which is expected to increase to $1.44 for fiscal year $3.37 and then to about $3.6 by fiscal year 2024. Data indicates that the EPS growth is expected to be 6.30% in 2024, while the next year’s EPS growth is forecast to be 6.80%. High-growth stocks tend to represent the technology, healthcare, and communications sectors.