Xcel Energy (XEL) Receiving Somewhat Favorable Press Coverage, Analysis Shows

Headlines about Xcel Energy (NYSE:XEL) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Xcel Energy earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave news articles about the utilities provider an impact score of 46.2010657747475 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the news articles that may have effected Accern’s rankings:

Shares of Xcel Energy (XEL) traded down $0.14 during mid-day trading on Monday, hitting $48.25. The stock had a trading volume of 3,095,400 shares, compared to its average volume of 2,638,347. The company has a current ratio of 0.87, a quick ratio of 0.68 and a debt-to-equity ratio of 1.27. The company has a market cap of $24,430.00, a PE ratio of 20.71, a PEG ratio of 3.84 and a beta of 0.21. Xcel Energy has a one year low of $40.04 and a one year high of $52.22.

Xcel Energy (NYSE:XEL) last announced its quarterly earnings results on Thursday, October 26th. The utilities provider reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.05. The company had revenue of $3.02 billion during the quarter, compared to analysts’ expectations of $3.27 billion. Xcel Energy had a return on equity of 10.63% and a net margin of 10.40%. Xcel Energy’s revenue was down .8% on a year-over-year basis. During the same period in the prior year, the business posted $0.90 EPS. analysts anticipate that Xcel Energy will post 2.31 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Saturday, January 20th. Stockholders of record on Thursday, December 28th will be paid a $0.36 dividend. The ex-dividend date of this dividend is Wednesday, December 27th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.98%. Xcel Energy’s dividend payout ratio (DPR) is presently 61.80%.

A number of research analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Xcel Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, December 12th. SunTrust Banks restated a “hold” rating and set a $48.00 target price on shares of Xcel Energy in a research report on Monday, December 4th. Morgan Stanley upped their target price on shares of Xcel Energy from $50.00 to $53.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 13th. ValuEngine upgraded shares of Xcel Energy from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. Finally, Jefferies Group restated a “hold” rating and set a $50.00 target price on shares of Xcel Energy in a research report on Thursday, August 31st. One analyst has rated the stock with a sell rating, eight have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. Xcel Energy presently has an average rating of “Hold” and a consensus price target of $49.45.

In related news, EVP Marvin E. Jr. Mcdaniel sold 5,176 shares of the stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $51.07, for a total transaction of $264,338.32. Following the completion of the sale, the executive vice president now directly owns 81,371 shares of the company’s stock, valued at approximately $4,155,616.97. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Mark E. Stoering sold 20,187 shares of the stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $49.66, for a total value of $1,002,486.42. Following the sale, the insider now directly owns 48,424 shares of the company’s stock, valued at $2,404,735.84. The disclosure for this sale can be found here. Over the last three months, insiders have sold 28,363 shares of company stock valued at $1,415,265. 0.22% of the stock is owned by company insiders.

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About Xcel Energy

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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