|Bid||62.26 x 800|
|Ask||62.27 x 1400|
|Day's Range||61.10 - 62.38|
|52 Week Range||47.70 - 66.05|
|Beta (5Y Monthly)||0.09|
|PE Ratio (TTM)||24.87|
|Earnings Date||Jan 29, 2020 - Feb 3, 2020|
|Forward Dividend & Yield||1.62 (2.64%)|
|1y Target Est||65.25|
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Our research shows that most of the stocks that smart money likes historically generate strong […]
The Board of Directors of Xcel Energy Inc. (NASDAQ: XEL) today declared a quarterly dividend on its common stock of 40.5 cents per share. The dividends are payable January 20, 2020, to shareholders of record on December 26, 2019.
Smart electrical grids are seen as one component of meeting that challenge. Smart electrical grids allow cities to divert energy to places that need additional capacity or that lost power temporarily. As the technology evolves, energy consumption could be priced by consumption and capacity utilization.
NextEra Energy's (NEE) $36.6B investment in the 2019-2023 time frame to generate more electricity from renewable sources & expand transmission and distribution lines are likely to aid profitability.
Colorado regulators and Xcel Energy are eyeing expansion of community solar power in the metro area, exciting the solar industry but leaving it wanting more. Xcel Energy, in its submitted plan to meet state renewable energy standards for 2020 and 2021, has proposed expanding community solar garden power capacity by 40 megawatts annually, meaning another 80 megawatts of new community solar garden capacity could be coming to the utility’s service area in two years. The Colorado Public Utilities Commission also proposed adopting new rules for community solar allowing community solar gardens to supply 3% of an investor-owned utilities’ total electrical load.
Xcel Energy Inc. (XEL) announced today that it has submitted a redemption notice to the trustee to redeem all of its outstanding 4.70% Senior Notes, Series due May 15, 2020 (Notes) on December 23, 2019, (Redemption Date). The redemption price is the outstanding principal amount of the Notes, plus accrued and unpaid interest to the Redemption Date. The company issued new debt to fund the redemption of the Notes.
Utilities aren’t just a defensive play, they will offer among the best return of any sector over the long term, one asset manager says.
Renewable energy is still a small player in the U.S. energy ecosystem, accounting for just 10% of U.S. electricity sales and 7% of U.S. energy consumption, excluding hydropower. Oil, natural gas, nuclear, and even coal will keep us comfortable, charged, and on the go well into the next decade. Tech, consumer, and even oil and gas firms are rushing into renewable energy to establish sustainability cred, and politicians are greening up their resumes.
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%.