Xcel Energy Inc. with ticker code (XEL) now have 11 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 78 and 67 suggesting an average Analsyt target price of $73.45. Given that the stocks previous close was at $69.91 and the analysts are correct then we can expect a percentage increase in value of 5.1%. There is a 50 day moving average of $67.47 and the 200 day moving average is $69.05. The company has a market capitalization of $38,618m. Company Website: https://www.xcelenergy.com
The potential market cap would be $40,574m based on the market consensus.
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 was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.
The company has a dividend yield of 2.96% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 21.72, revenue per share of 28.51 and a 2.57% return on assets.
