47.49 +0.45 (0.96%)
After hours: 5:00PM EDT
|Bid||46.90 x 4000|
|Ask||48.10 x 3100|
|Day's Range||46.99 - 47.59|
|52 Week Range||41.51 - 52.22|
|PE Ratio (TTM)||19.44|
|Earnings Date||Oct 24, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||1.52 (3.14%)|
|1y Target Est||49.38|
PPL (PPL) stock has a median target price of $31.27—compared to its current market price of $29.66, which indicates an estimated upside of more than 5% for the next 12 months.
In one of the most significant advancements of unmanned aircraft under development by a U.S. utility, Xcel Energy is operating drones beyond visual line of sight during ongoing inspections of transmission lines near Denver. “Today’s flight takes us a step closer to fully integrating unmanned aircraft into our operations,” said Ben Fowke, chairman, president and CEO, Xcel Energy. Xcel Energy joins local, state and federal officials today in celebrating the milestone flights and watching the drone as it inspects electric power lines near Ft. St. Vrain Generating Station in Platteville, Colorado.
In this part, we’ll look at factors that could drive Xcel Energy’s (XEL) dividends in the future. As we already noted, it’s aiming for EPS and dividend growth of ~6.0% per year for the next few years.
Shares of Xcel Energy Inc (NASDAQ:XEL) will begin trading ex-dividend in 3 days. To qualify for the dividend check of US$0.38 per share, investors must have owned the shares priorRead More...
In this part, let’s take a look at Xcel Energy’s (XEL) payout ratio. Xcel Energy has had a payout ratio of 63.0% for the last 12 months, marginally higher than its five-year average payout ratio. A company’s payout ratio denotes how much of its income it distributes to shareholders in the form of dividends.
Xcel Energy’s (XEL) EPS has increased at a CAGR (compound annual growth rate) of 6.0% in the last decade or so. It derives almost all its earnings from regulated operations, leading to stable earnings and dividends. Xcel Energy’s management expects its EPS and dividends to grow at similar levels for the next few years, marginally higher than that of utilities (XLU) at large.
Xcel Energy (XEL), one of the leading rate-regulated utilities, declared a quarterly dividend of $0.38 per share on August 22. Xcel Energy is expected to pay an annualized dividend of $1.52 per share this year, which is ~6.0% higher than last year’s dividends. Xcel Energy (XEL) is currently trading at a dividend yield of 3.2%, close to the broader utilities’ average dividend yield.
In April, the Minneapolis-based energy company attributed a surge in natural energy production to an added presence in southeast New Mexico.
According to the 15 analysts surveyed by Reuters that track PPL (PPL), two recommend a “strong buy,” four recommend a “buy,” eight recommend a “hold,” and one recommends a “sell” as of August 28.
PPL (PPL) stock is trading at a PE multiple of 13x—compared to its five-year historical valuation of 14x. The stock appears to be trading at a discounted valuation compared to its historical average. So far in 2018, PPL stock has fallen ~4%, while broader utilities (XLU) have risen ~7%.
Plan for wind, solar and battery storage makes the metro-area utility the vanguard of U.S. power companies, executive says.
Xcel Energy Inc., through its subsidiaries, engages primarily in the generation, purchase, transmission, distribution, and sale of electricity in the United States. Xcel Energy is one of United States’s large-capRead More...
Xcel Energy is on track to achieve one of the most ambitious carbon reductions goals in the industry, and the company has documented its progress in a new reporting tool that provides more uniform sustainability metrics for the industry. To better meet the needs of the financial sector, Xcel Energy worked with the Edison Electric Institute and other stakeholders on an initiative that expands the release of the company’s annual environmental, social, governance (ESG) and sustainability-related information. The new report, which is consistent across the industry, demonstrates the company’s clean energy progress.
Jackson was among the architects of Xcel’s ambitious “Our Energy Future” plan, a multi-pronged effort launched in early 2016 to add more renewable energy to the state’s power portfolio and upgrade equipment across the system.
The Board of Directors of Xcel Energy Inc. (XEL) today declared a quarterly dividend on its common stock of 38 cents per share. The dividends are payable October 20, 2018, to shareholders of record on September 14, 2018. Xcel Energy is a major U.S. electricity and natural gas company, with operations in 8 Western and Midwestern states.
Lynn Casey has been elected to Xcel Energy’s board of directors, effective immediately. An executive with extensive experience in brand strategy and investor, corporate, and media relations, Casey is nationally recognized as an industry leader in building and protecting brands. With more than 35 years of experience, Casey served as CEO of Padilla for 17 years.
The Vanguard Group is the largest institutional investor in Xcel Energy (XEL) according to the latest 13F filing. It added nearly 0.6 million shares of XEL and increased its stake to 7.5% at the end of the second quarter. In the first quarter, the firm lowered its stake in XEL to 7.4%.
Renewable power will be vital in the future, but that doesn't mean old-school utility companies are getting left behind as energy markets change.
According to the 14 analysts surveyed by Reuters that track PPL (PPL), two recommend “strong buy,” five recommend a “buy,” six recommend a “hold,” and one recommends a “sell” as of August 8.
For more than a decade, Xcel Energy has exceeded Wisconsin’s renewable energy requirement, making the company the number one renewable energy provider in the state. According to the 2017 Renewable Portfolio Standard Annual Report filed with the Public Service Commission of Wisconsin earlier this year, Xcel Energy provided 27.83 percent of its energy from renewable resources. This is the 12th year in a row that Xcel Energy has exceeded the state’s renewable energy requirement, which for Xcel Energy is 12.89 percent.
PPL (PPL) stock is trading at a PE multiple of 13x—compared to its five-year historical valuation of 14x. Recently, PPL traded at an enterprise value-to-EBITDA multiple of 9.7x. The company’s five-year historical average is 11x. PPL stock appears to be trading at a discounted valuation compared to its historical multiples.
According to Wall Street analysts’ consensus, PPL Corporation (PPL) stock offers a handsome estimated upside of 10% per year with a mean target price of $31.40. Currently, PPL stock is trading at $28.54.
PPL (PPL) stock is currently trading at a PE multiple of 13.5x compared to its five-year historical average of 14x. It recently traded at an enterprise-value-to-EBITDA multiple of 9.7x. Its five-year historical average is 11x. So PPL seems to be trading at a discounted valuation to its historical multiples.
A new 86-mile, 345-kilovolt transmission line in southeast New Mexico has been completed. The Hobbs-to-China Draw transmission line stretches from Hobbs to south of Carlsbad and will connect New Mexico to the TUCO Substation north of Lubbock, Texas. The segment is part of a 345-kilovolt line that will stretch 240 miles, cost $400 million and be completed by June 2020, according to Xcel.