Xcel Energy Inc
Southern Company’s Price Targets and Growth Outlook for 2017
According to analysts’ estimates, Southern Company (SO) has a one-year median price target of $50.88, implying an upside of a mere 3% in the next year.
Is Xcel Energy Attractive despite Its Muted Price Targets?
Of the 17 analysts tracking Xcel Energy, 11 recommend it as a “hold” and four recommend it as a “buy.” Two analysts recommended it as a “sell” on August 3, 2016.
Analyzing US Regulated Utilities’ Total Returns
US mid-size regulated utilities outperformed their bigger counterparts in the past year. Their rally was much steeper—this boosted total returns.
Utilities with Maximum Returns in the Last Five Years
NextEra Energy (NEE), the biggest component of the Utilities ETF (XLU), had total returns of 130% in the last five years.
PPL’s UK Segment’s Earnings Improved in 2015
PPL has utility operations spread over the eastern United States and the United Kingdom. It derives more than half of its earnings from its UK operations.
Central Industrial and Southeast regions lead slump in electricity production
For the week ended December 26, 2014, each of the divisions across the United States reported a drop in electricity production on a week-over-week basis.
Generation Capacity Additions: Which Source Will Lead in 2016?
New power generation capacity additions in 2015 were mainly contributed by wind, natural gas, and solar. This trend is expected to persist in 2016 as well.
How Will Milder Weather Affect CenterPoint Energy’s 4Q15 Numbers?
Analysts are expecting CNP’s earnings to come in at $0.23 per share in 4Q15 versus its earnings of $0.36 per share in 4Q14.
Utilities Are Trading at a Premium: Is a Correction Possible?
Xcel Energy (XEL), a $21 billion utility, hit an all-time high on March 31, 2016, and closed at $41.82. It has outperformed utilities by a huge margin, rising 20% so far this year.
US states with the highest growth in electricity sales
The US is a large country. It’s divided into 50 states. Consumption trends across the states and regions help identify demand centers within the country.
Is Xcel Energy Poised for Long-Term Growth?
Xcel Energy’s (XEL) capital spending plan and actions to reduce regulatory lags could improve its earnings growth significantly during the next few years.
Xcel Energy’s Valuation and Total Returns
Xcel Energy’s (XEL) stock outperformed peers in the last year. In this period, it gained more than 8% while the Utilities Select Sector SPDR (XLU) rose more than 2%.
Utility Stocks Received a Target Price Change Last Week
Analysts seem to be cautious about Xcel Energy stock. RBC raised Xcel Energy’s target price from $49.0 to $53.0 on January 18.
No Analysts Recommend a “Sell” on Xcel Energy
Of the 18 analysts tracking Xcel Energy, 13 recommend it as a “hold,” five recommend it as a “buy,” and none recommend it as a “sell.”
Analysts Expect Huge Upside Potential in PPL Stock
According to analysts’ consensus, PPL (PPL) stock offers a handsome potential upside of ~22% in a year with a mean target price of $33.5.
Comparing FirstEnergy’s Returns with Its Peers
Currently, FirstEnergy is trading at a dividend yield of 3.8%. The company is expected to pay an annualized dividend of $1.44 per share in 2018.
How PPL Stock Is Valued following Its 1Q18 Earnings
Currently, PPL Corporation is trading at a PE (price-to-earnings) multiple of 13.5x compared to its five-year historical average of near 14x.
Which Utility Delivered the Highest Total Returns This Year?
Although utilities’ total returns were dominated mostly by stock appreciation this year, stable and increasing dividends were also an important factor.
Analysts Are Cautious on FirstEnergy but Expect a Robust Gain
Of the 18 analysts tracking FirstEnergy (FE), eight recommend “buy,” six recommend “hold,” and four recommend “strong buy.”
NRG Energy Leads in Implied Volatility among Utility Stocks
On November 16, NRG Energy (NRG) had the highest implied volatility among the utility companies that make up the Utilities Select Sector SPDR ETF (XLU).
NEE Has One of the Cleanest Generation Mixes in the US
NextEra Energy (NEE) has one of the cleanest generation mixes among peers.
Xcel Energy’s Diversified Operating Territories
Xcel Energy (XEL) has a market capitalization of $23 billion and appears to be one of the potentially attractive utility stocks in 2017.
How Xcel Energy’s Payout Ratio Stacks Up
Xcel Energy’s dividend statistics Let’s take a look at Xcel Energy’s (XEL) dividend profile. The company, which has raised its dividends in the last 15 consecutive years, had a payout ratio of 63% in 2017. Payout ratios represent how much of companies’ profits are distributed to shareholders in the form of dividends. Utilities pay a large portion […]
Xcel Energy’s Dividends: What You Need to Know Now
XEL increased its quarterly dividends from $0.34 to $0.36 per share in 1Q17, and this increase implies an annualized dividend payout of $1.44 per share in 2017.
How NextEra Energy’s Free Cash Flows Compare to Peers
US utilities’ (XLU) free cash flows have been pressured in the last few years due to increasing capital expenditures and decreasing operating cash flows.
A Look at Southern Company’s Expected Dividend Growth
US utilities (XLU) plan to increase their per share dividends 4.0%–6.0% annually going forward. That’s in line with their target earnings growth for the next few years.
Xcel Energy’s 4Q16 Revenues Rose 5%, Missed Estimates
Xcel Energy (XEL) reported its 4Q16 and fiscal 2016 financial results on February 2, 2017. It reported total revenues of $2.8 billion.
These Utility Stocks Had Recent Target Price Changes
Top utility stock NextEra Energy (NEE) has an estimated upside of ~6% based on its median target price of $180.40 and its current price of $169.90.
Xcel Energy’s Price Targets after Its 4Q16 Earnings
According to Wall Street analysts, Xcel Energy (XEL) has an expected upside of nearly 3.5% for the coming year. It has a price target of $42.83.
Understanding Xcel Energy’s Current Valuation
US utility stocks have been rallying for the past several months, and the rally has made them relatively expensive.
Southern Company Beats Q3 Estimates, Maintains Vogtle Schedule
Southern Company (SO), the fourth-biggest utility by market capitalization, released its third-quarter earnings on November 7.
Here’s What Could Impact Xcel Energy’s Dividends
Xcel Energy’s (XEL) per share earnings are expected to rise 4.0%–6.0% annually for the next few years.
A Look at Xcel Energy’s Valuation before Q2 2018 Earnings
Currently, Xcel Energy (XEL) stock is trading at a PE multiple of 20.0x compared to its five-year historical average of 18.0x.
Understanding NiSource through Analyst Price Targets
NiSource (NI) has a one-year median price target of $24.04, as compared to a current market price of $22.70.
AEP, FE, EXC, and XEL: Analyst Views and Price Targets
Let’s take a look at utility stocks that received a price target raise last week. We’ll look at Exelon (EXC) first.
Analysts’ Views and Price Targets for Duke Energy and Peers
Analyst price target According to Wall Street analysts’ consensus, Duke Energy (DUK) stock has a mean price target of $82.30 and a current market price of $77.20, suggesting upside potential of 6.5% in the next 12 months. Among the 18 Wall Street analysts tracking Duke Energy on February 26, 2018, one had recommended “strong buy,” four had recommended “buy,” […]
How Analysts View PPL Stock
PPL (PPL) has a price target of $39.19 against its current market price of $39.02, implying an estimated upside of just 0.4%.
Here’s What Drove Xcel Energy’s 4Q17 Revenues
Xcel Energy (XEL), a utility company based in Minneapolis, Minnesota, reported its 4Q17 and 2017 earnings on February 7, 2018. Its revenues of $2.8 billion were similar to 4Q16.
XEL, PPL, and DUK: Analyzing Utilities’ Valuation
Xcel Energy is trading at an EV-to-EBITDA valuation of 10x. Its five-year historical average valuation multiple is 10x. The industry average is at 10.5x.
PPL Has a Premium Yield, Dull Dividend Growth
PPL declared a quarterly dividend of $0.40 per share on August 25, 2017. It has September 7 as its ex-dividend date. The dividend will be paid on October 2.
Analyzing Utilities’ Recent Dividends and Expected Increases
Xcel Energy (XEL) paid total dividends of $1.36 per share in 2016. It was more than a 6% increase compared to its dividends in 2015.
Looking at Xcel Energy’s Future Dividend Growth
Expected dividend growth As discussed in the previous part, in the last five years, Xcel Energy (XEL) has increased its per-share dividends more than the industry has. It aims for similar dividend growth going forward, targeting annual ~6% per-share dividend growth for the next few years. Regulated utilities Duke Energy (DUK) and Southern Company (SO) are […]
Where Xcel Energy’s Leverage Stands next to Peers
Utilities benefited heavily during the near-zero interest rate environment after 2008, but after three rate hikes in two years, debt servicing has become expensive.
How PPL’s Current Valuation Compares to Its Peers
PPL Corporation (PPL) stock is trading at a PE multiple of 13x compared to its five-year historical average of 14x.
A Look at Entergy’s Total Returns
Entergy’s (ETR) dividend growth has been subdued in the last few years.
Inside CMS Energy’s Price Targets ahead of 4Q16 Results
CMS Energy (CMS) has a mean price target of $44.33 for the coming year. This implies an estimated upside of 5.6%.
What’s Expected to Drive Xcel Energy’s Dividends
Dividend outlook Let’s discuss what could affect Xcel Energy’s (XEL) dividends. Xcel Energy aims to increase its long-term per-share earnings by 5%–6%, bringing its targeted per-share dividend growth to similar levels. Xcel Energy’s increased focus on expanding its renewables capacity and multiyear rate plans could boost its earnings over a longer term. Xcel Energy is planning to invest ~$20 […]
Xcel Energy’s Moving Averages and Short Interest
Xcel Energy (XEL) stock is trading at $48.27, which is marginally above its 50-day moving average and 6% above its 200-day moving average level.
PPL: Analysts’ Recommendations and Target Price
According to Wall Street analysts’ estimates, PPL Corporation (PPL) has a mean target price of $37.8—compared to its current market price of $32.4.
Alliant Energy Corporation’s Organic Growth Boosted 3Q15 Revenue
Alliant Energy Corporation reported 3Q15 net revenue of $898.9 million, a rise of 6.6% when compared to net revenue of $843.1 million in 3Q14.
Inside Xcel Energy’s Recent Stock Performance
US utilities trended primarily downward in June, which was the worst month for the sector so far this year.
Xcel Energy: A Look at Utility’s Total Return versus Its Peers
Xcel Energy (XEL) has returned more than 25% in the last year. Its stock rally of 20% contributed significantly to its returns.
What a Recent Correction in Xcel Energy Stock Could Mean
Investors took shelter in relatively safer utility stocks during the market turmoil this year. Xcel Energy is one of the relatively safer utility stocks.
Is DTE Energy Poised for Long-Term Growth?
According to analyst estimates, DTE Energy (DTE) has a median price target of $101.60 for next year. This implies an upside of nearly 4% against its current Market price of $98.
How’s PPL Stock Valued before Its 1Q18 Earnings?
Currently, PPL is trading at a PE (price-to-earnings) multiple of 13.5x—compared to its five-year historical average valuation near 14x.
How Is WEC Energy Valued Compared to Its Peers?
On January 23, 2017, WEC stock was trading at an EV-to-EBITDA valuation of 11.5x. Its historical valuation multiple is above 12.0x.
Overview: Kinder Morgan’s acquisition of El Paso Pipeline Partners
El Paso Pipeline Partners (EPB) is a master limited partnership (or MLP) that owns and operates natural gas transportation pipelines, storage, and other midstream assets.
Why FirstEnergy Is Struggling with Low Demand for Electricity
Warmer-than-expected weather during 4Q15 may have a negative impact on FirstEnergy Corporation’s earnings.
Dominion Resources’ Revenues Fell 13%: The Weather’s to Blame
For the fourth quarter of 2015, Dominion Resources (D) reported $2.5 billion in revenues against $2.9 billion in revenues for the fourth quarter of 2014.
Which Utility Stocks Received a Higher Target Price Last Week?
Exelon (EXC) has a median target price of $49.9 for the next 12 months. UBS raised Exelon’s target price from $53.0 to $56.0 last week.
Analyzing Duke Energy’s Dividend Profile
The largest rate-regulated utility in the country, Duke Energy (DUK), declared a quarterly dividend of $0.89 per share on July 10, 2017.
Coal capacities continue to shut down in the US
Nearly 66% of US capacity retirements in October were coal-fired power plants, and a major part of the retirements took place in Wisconsin.
Ameren Corporation Reported a Fall in Its 4Q15 Earnings
On February 19, 2016, Ameren Corporation (AEE) reported its 4Q15 earnings of $0.12 per share, missing analysts’ estimates by 4 cents. Milder weather during the fourth quarter weighed on AEE’s earnings.
How Do Analysts View Xcel Energy?
Xcel Energy (XEL) has a one-year median price target of $42.71. It implies an upside of 5% in one year from its current market price of $40.67.
Analysts’ Views on and Targets for PPL Corporation
According to analysts’ consensus estimate, PPL Corporation (PPL) stock offers an attractive potential upside of 13% over the next year.
A Must-Know Look at Consolidated Edison’s Dividends
Consolidated Edison has a dividend yield of 3.4%, higher than utilities’ average of 3%. It declared a quarterly dividend of $0.74 per share in October.
New England and the Pacific are great regions to produce power
The US is divided into nine divisions. The Pacific and New England divisions had the highest year-over-year, or YoY, growth in electricity prices in September 2014.
US states showing highest jump in electricity sales
The Pacific Contiguous region had the highest growth in electricity consumption by division, growing by 2.8% YoY in October 2014 compared to October 2013.
Electricity prices in Northeastern US defying gravity
In October 2014, the East North Central and New England divisions registered the highest YoY growth in electricity prices, surging by 5.1% and 4.9%, respectively.
Low exposure to natural gas power generation hurts First Energy
First Energy’s 9% exposure to natural gas-fired power generation is quite low. This hurts First Energy, as producing electricity from natural gas provides a competitive advantage for power producers.
AEP and Entergy see elevated growth in electricity production
Except for the Rocky Mountain, Southeast, and Pacific Southwest, all nine US divisions registered growth in week-over-week electricity production.
Why weather variations drive electricity demand
Weather is an important indicator for the power industry. Extreme weather drives electricity demand. This benefits power companies.
Why falling natural gas prices could shake the power industry
Contrary to popular belief, falling natural gas prices affect power companies adversely. Unregulated power companies are more exposed to the risk of falling gas prices than regulated utilities.
Utilities performance linked to regional electricity output
The South Central and Pacific Northwest divisions saw the highest jump in week-over-week electricity production. Which utilities operate in these regions?
Why Utilities Are Still Attractive despite Their Valuations
While almost all utility stocks are looking expensive right now, a T. Rowe Price analyst has called utilities “the most underappreciated” sector.
Low gas prices can make independent power producers uncomfortable
Natural gas is procured by power producers on short-term and spot contracts. Changes in gas prices affect unregulated power companies immediately.
Southern used more natural gas due to costs and regulations
In 4Q14, nearly 49% of the electricity generated by Southern Company came from natural gas-fired power plants. It was up from 42% last year.
Utilities’ Returns Compared to Broader Markets
Many utility stocks outperformed the industry returns over a longer period of time. NextEra Energy (NEE) returned 30% over the past 12 months. The company annualized returns of 18% in the last five years.
PPL Stock Looks Attractive before Its Q1 Earnings
Analysts’ consensus gave PPL (PPL) stock a mean target price of $32.1, which implies an estimated upside of 4.3% for the next 12 months.
PPL: Analysts’ Q1 Earnings Estimates
PPL (PPL) is scheduled to report its first-quarter earnings on May 2. According to analysts’ estimates, PPL will report an EPS of $0.72.
How Analysts View FirstEnergy Stock ahead of Its Q1 Results
Analysts have given FirstEnergy (FE) a consensus target price of $44.2 compared to its current market price of $40.2.
Why FirstEnergy Stock Looks Attractive
Based on analysts’ estimates, FirstEnergy (FE) stock has a target price of $44.0—compared to its current market price of $39.4.
How PPL Stock Is Currently Valued Compared to Its Peers
PPL Corporation (PPL) is trading at a dividend yield of 5.1%, one of the highest among utilities.
FirstEnergy, Xcel Energy, and PPL: Analysts’ Recommendations
According to analysts’ estimates, FirstEnergy (FE) stock has a target price of $42.33 compared to its current market price of $40.42.
Analyzing FirstEnergy’s Dividend Profile
FirstEnergy offers a dividend yield of 3.7%, which is higher than utilities’ average yield of 3.2%. FirstEnergy’s five-year average yield is ~4.3%.
FirstEnergy’s Valuation Compared to Its Peers
FirstEnergy (FE) stock was one of the top performers among utilities last year. In the last 12 months, the stock has risen ~25%.
PPL, SRE, and XEL: Analyzing Utilities’ Current Valuation
PPL (PPL) is trading at a forward PE ratio of 13x based on analysts’ EPS estimates for 2019. PPL appears to be trading at a discounted valuation.
Consolidated Edison: Higher Dividend for 45th Consecutive Year
Consolidated Edison declared a quarterly dividend of $0.74 per share on January 17.
Where Xcel Energy Stock Might Go from Here
Xcel Energy (XEL) is trading at $48.5, which is almost 4% below its 50-day moving average and 2% above its 200-day moving average.
Analyzing Xcel Energy and Consolidated Edison’s Valuation
Xcel Energy is trading at a forward PE ratio of 18x based on analysts’ estimated EPS in 2019. Xcel Energy’s average historical valuation is close to 18x.
Xcel Energy and Consolidated Edison’s Dividend Profiles
Consolidated Edison has increased its dividend per share for 44 consecutive years. Consolidated Edison trading at a dividend yield of 3.8%.
Xcel Energy versus Consolidated Edison in 2019
Consolidated Edison offers one of the most reliable dividends. The company has increased its dividend for 44 consecutive years.
Analyzing FE, XEL, and AEP’s Current Valuation
FirstEnergy stock seems to have an attractive valuation. FirstEnergy has a lower valuation multiple than its historical average and peers’ average.
PPL Stock: Analysts’ Recommendations
Analysts have given PPL (PPL) stock a median target price of $31.6, which implies an estimated upside of almost 13% for the next 12 months.
PPL Stock Looks Attractive Compared to Its Peers
PPL (PPL), a mid-sized regulated utility, is trading at a forward PE ratio of 11x based on analysts’ EPS estimates for 2019.
AES’s Dividends: Premium Yield and Superior Dividend Growth
AES (AES) is currently trading at a dividend yield of 3.8%, higher than utilities’ (XLU) average yield of 3.4%.
Wall Street’s Views on Xcel Energy Stock
Xcel Energy stock has rallied recently and is close to its 52-week high.
NEE, AEP, XEL, and D: Analysts’ Target Prices
UBS raised Dominion Energy’s target price from $75.0 to $84.0. UBS also upgraded Dominion Energy from “neutral” to “buy” last week.
Institutional Activity in Xcel Energy in Q3 2018
According to the latest 13F filing, The Vanguard Group added net ~0.6 million shares of Xcel Energy (XEL) during the third quarter and raised its total stake to 7.5% as of September 30.
Comparing Consolidated Edison’s Dividend Yield with Its Peers
Consolidated Edison (ED) declared a dividend of $0.715 per share on October 18. It will pay it on December 17.