Xcel Energy Inc. which can be found using ticker (XEL) have now 11 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 78 and 66 calculating the mean target price we have $73.27. Given that the stocks previous close was at $67.24 this would imply there is now a potential upside of 9.0%. The 50 day moving average now sits at $67.71 and the 200 moving average now moves to $69.22. The market capitalization for the company is $36,966m. Company Website: https://www.xcelenergy.com
The potential market cap would be $40,281m 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 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.
The company has a dividend yield of 3.09% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 21.23, revenue per share of 27.99 and a 2.51% return on assets.
