Somewhat Positive Media Coverage Somewhat Unlikely to Impact Xcel Energy (XEL) Stock Price

Media headlines about Xcel Energy (NYSE:XEL) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Xcel Energy earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave media coverage about the utilities provider an impact score of 43.969948892831 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:

Several equities analysts have issued reports on XEL shares. BidaskClub raised shares of Xcel Energy from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, August 23rd. Jefferies Group reissued a “hold” rating and issued a $50.00 price objective on shares of Xcel Energy in a research note on Thursday, August 31st. Morgan Stanley boosted their price objective on shares of Xcel Energy from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Friday, September 8th. Zacks Investment Research cut shares of Xcel Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, September 26th. Finally, Mizuho restated a “hold” rating and set a $46.00 target price on shares of Xcel Energy in a research report on Friday, September 29th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $49.45.

Shares of Xcel Energy (XEL) traded up $0.29 during midday trading on Wednesday, hitting $50.83. 2,857,554 shares of the company’s stock traded hands, compared to its average volume of 2,601,333. The stock has a market cap of $26,119.32, a price-to-earnings ratio of 21.98, a P/E/G ratio of 4.08 and a beta of 0.21. Xcel Energy has a 52 week low of $39.59 and a 52 week high of $52.22. The company has a quick ratio of 0.68, a current ratio of 0.87 and a debt-to-equity ratio of 1.27.

Xcel Energy (NYSE:XEL) last issued its earnings results on Thursday, October 26th. The utilities provider reported $0.97 EPS for the quarter, topping the consensus estimate of $0.92 by $0.05. The company had revenue of $3.02 billion for the quarter, compared to analyst estimates of $3.27 billion. Xcel Energy had a net margin of 10.40% and a return on equity of 10.63%. The business’s revenue was down .8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.90 EPS. equities research analysts forecast that Xcel Energy will post 2.31 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, January 20th. Investors of record on Thursday, December 28th will be given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 2.83%. Xcel Energy’s dividend payout ratio is presently 61.54%.

In related news, Director Timothy V. Wolf sold 3,000 shares of the business’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $49.48, for a total value of $148,440.00. Following the sale, the director now directly owns 3,700 shares in the company, valued at approximately $183,076. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Mark E. Stoering sold 20,187 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $49.66, for a total transaction of $1,002,486.42. Following the completion of the sale, the insider now owns 48,424 shares in the company, valued at $2,404,735.84. The disclosure for this sale can be found here. Insiders sold a total of 28,363 shares of company stock worth $1,415,265 over the last quarter. Insiders own 0.22% of the company’s stock.

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Xcel Energy Company Profile

Xcel Energy Inc is a public utility holding company. The Company’s operations include the activity of four utility subsidiaries that serve electric and natural gas customers in eight states. The Company’s segments include regulated electric utility, regulated natural gas utility and all other. The Company’s utility subsidiaries include NSP-Minnesota, NSP-Wisconsin, Public Service Company of Colorado (PSCo) and Southwestern Public Service Co (SPS), which serve customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin.

Insider Buying and Selling by Quarter for Xcel Energy (NYSE:XEL)

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