|Bid||60.84 x 3200|
|Ask||60.85 x 2200|
|Day's Range||60.33 - 61.45|
|52 Week Range||47.70 - 66.05|
|Beta (3Y Monthly)||0.10|
|PE Ratio (TTM)||24.32|
|Earnings Date||Jan 29, 2020 - Feb 3, 2020|
|Forward Dividend & Yield||1.62 (2.64%)|
|1y Target Est||65.33|
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Xcel Energy Inc. New York, November 07, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Xcel Energy Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses...
Pattern Energy's (PEGI) Q3 results are adversely impacted by rising expenses despite a 6.9% year-over-year increase in electricity sales volumes.
Xcel Energy Inc. (XEL) (Xcel Energy) announced today the closing of its registered underwritten offering of 11,845,000 shares of its common stock in connection with the forward sale agreements described below, which included the underwriter’s full exercise of its option to purchase an additional 1,545,000 shares of Xcel Energy’s common stock. Citigroup acted as sole book-running manager for the offering. The closing will result in approximately $742.6 million of net proceeds, before expenses (assuming each forward sale agreement is physically settled based on the initial forward sale price per share of $62.69, as described more fully below).
CFRA analyst Sam Stovall downgraded his view of the S&P 500 utilities subsector to underweight from market weight on Monday, after a run up over several months sparked by investor uncertainty and the hunt for yield. "The sector currently trades at a 37% premium to its average P/E on next-12-month (NTM) EPS estimates since 2000," Stovall wrote in a note to clients. "In addition, it currently trades at a 13% premium to the S&P 500's NTM average P/E versus its normal 7% discount." The group also has a lower-than-average number of constituents with a favorable rating, he wrote, while technically, its relative strength has started to deteriorate versus the overall index. The subsector's component stocks were mostly lower, with 25 decliners compared with 3 gainers. CMS Energy led the decliners and was last down 2.4%, followed by NextEra Energy Inc. down 2.0% and Xcel Energy Inc. down 2.0%. NRG Energy was the biggest gainer, up 0.4%. The S&P 500 was up 0.4%.
Hawaiian Electric's (HE) Q3 revenues of $771.5 million in the third quarter beat estimates by a whisker but decline 0.5% year over year.
Sempra Energy's (SRE) Q3 revenues of $2,758 million increase 7.5% year over year. The top line, however, misses the Zacks Consensus Estimate by 5.6%.
Xcel Energy Inc. (XEL) (Xcel Energy) announced today the pricing of a registered underwritten offering of 10,300,000 shares of its common stock at a price per share of $63.32 in connection with the forward sale agreement described below. Subject to certain conditions, all shares are expected to be borrowed by the forward purchaser (as defined below) (or its affiliate) from third parties and sold to the underwriter and offered in connection with such forward sale agreement. The underwriter may offer shares of Xcel Energy’s common stock in transactions on the Nasdaq Stock Market LLC, in the over-the-counter market, through negotiated transactions or otherwise at either market prices, at prices related to market prices or at negotiated prices.
Xcel Energy Inc. (XEL) (Xcel Energy) announced today the commencement of a registered underwritten offering of 7,000,000 shares of its common stock. Subject to certain conditions, all shares are expected to be borrowed by the forward purchaser (as defined below) (or its affiliate) from third parties and sold to the underwriter and offered in connection with the forward sale agreement described below. Citigroup is acting as the sole book-running manager for this offering.
Edison International's (EIX) Q3 revenues of $3.74 billion miss the Zacks Consensus Estimate by 12.7% and decline 12.4% year over year.
Dominion Energy (D) acquires 72 MW solar generating project from First Solar as part of its long-term target of generating 5,000 MW electricity from renewable projects.
CMS Energy's (CMS) Q3 operating revenues of $1,546 million miss the Zacks Consensus Estimate by 6.4% and fall 3.3% on a year-over-year basis.
Xcel (XEL) delivered earnings and revenue surprises of -3.81% and -6.47%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?