NasdaqGS:XEL

Stock Analysis Report

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Executive Summary

Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. More Details


Snowflake Analysis

Solid track record established dividend payer.


Similar Companies

Share Price & News

How has Xcel Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: XEL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: XEL's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-2.4%

XEL

0.2%

US Electric Utilities

2.8%

US Market


1 Year Return

10.0%

XEL

2.7%

US Electric Utilities

20.9%

US Market

Return vs Industry: XEL exceeded the US Electric Utilities industry which returned 2.7% over the past year.

Return vs Market: XEL underperformed the US Market which returned 20.7% over the past year.


Shareholder returns

XELIndustryMarket
7 Day-2.4%0.2%2.8%
30 Day-4.4%2.1%11.1%
90 Day-1.5%9.6%6.5%
1 Year12.8%10.0%6.2%2.7%23.6%20.9%
3 Year43.6%31.7%10.8%1.5%47.3%37.6%
5 Year125.2%93.4%52.5%30.6%94.3%72.9%

Long-Term Price Volatility Vs. Market

How volatile is Xcel Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Xcel Energy undervalued compared to its fair value and its price relative to the market?

41.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: XEL ($67.62) is trading below our estimate of fair value ($116.39)

Significantly Below Fair Value: XEL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: XEL is poor value based on its PE Ratio (24.1x) compared to the US Electric Utilities industry average (20x).

PE vs Market: XEL is poor value based on its PE Ratio (24.1x) compared to the US market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: XEL is poor value based on its PEG Ratio (3.5x)


Price to Book Ratio

PB vs Industry: XEL is overvalued based on its PB Ratio (2.6x) compared to the US Electric Utilities industry average (1.9x).


Next Steps

Future Growth

How is Xcel Energy forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

6.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: XEL's forecast earnings growth (6.8% per year) is above the savings rate (2.2%).

Earnings vs Market: XEL's earnings (6.8% per year) are forecast to grow slower than the US market (22% per year).

High Growth Earnings: XEL's earnings are forecast to grow, but not significantly.

Revenue vs Market: XEL's revenue (3.1% per year) is forecast to grow slower than the US market (10.2% per year).

High Growth Revenue: XEL's revenue (3.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: XEL's Return on Equity is forecast to be low in 3 years time (10.9%).


Next Steps

Past Performance

How has Xcel Energy performed over the past 5 years?

6.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XEL has high quality earnings.

Growing Profit Margin: XEL's current net profit margins (13%) are higher than last year (11.2%).


Past Earnings Growth Analysis

Earnings Trend: XEL's earnings have grown by 6.9% per year over the past 5 years.

Accelerating Growth: XEL's earnings growth over the past year (14.1%) exceeds its 5-year average (6.9% per year).

Earnings vs Industry: XEL earnings growth over the past year (14.1%) exceeded the Electric Utilities industry 6.1%.


Return on Equity

High ROE: XEL's Return on Equity (10.7%) is considered low.


Next Steps

Financial Health

How is Xcel Energy's financial position?


Financial Position Analysis

Short Term Liabilities: XEL's short term assets ($3.8B) do not cover its short term liabilities ($4.4B).

Long Term Liabilities: XEL's short term assets ($3.8B) do not cover its long term liabilities ($35.5B).


Debt to Equity History and Analysis

Debt Level: XEL's debt to equity ratio (151.4%) is considered high.

Reducing Debt: XEL's debt to equity ratio has increased from 125.4% to 151.4% over the past 5 years.

Debt Coverage: XEL's debt is not well covered by operating cash flow (13.8%).

Interest Coverage: XEL's interest payments on its debt are not well covered by EBIT (2.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Xcel Energy current dividend yield, its reliability and sustainability?

2.54%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: XEL's dividend (2.54%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: XEL's dividend (2.54%) is low compared to the top 25% of dividend payers in the US market (4.08%).


Stability and Growth of Payments

Stable Dividend: XEL's dividends per share have been stable in the past 10 years.

Growing Dividend: XEL's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (60.3%), XEL's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: XEL's dividends in 3 years are forecast to be covered by earnings (60.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Ben Fowke (62 yo)

9.25yrs

Tenure

US$16,898,798

Compensation

Mr. Benjamin Gwynn Stonestreet Fowke III, also known as Ben, has been a Vice Chairman of the Board of Edison Electric Institute since June 2018. He has been the Chief Executive Officer of Xcel Energy Inc. ...


CEO Compensation Analysis

Compensation vs Market: Ben's total compensation ($USD16.90M) is above average for companies of similar size in the US market ($USD10.83M).

Compensation vs Earnings: Ben's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Benjamin Gwynn Fowke
Chairman & CEO9.25yrsUS$16.90m0.069%
$ 24.6m
Robert Frenzel
President & COO0.67yrUS$3.10m0.011%
$ 3.8m
Brett Carter
Chief Customer & Innovation Officer and Executive VP2.5yrsUS$2.61m0.0041%
$ 1.4m
Brian Van Abel
Executive VP & CFO0.67yrno data0.0033%
$ 1.2m
Paul Johnson
VP & Investor Relationsno datano datano data
Karen Hyde
Senior VP and Chief Risk0.75yrno datano data
Amanda Rome
Executive VP & General Counsel0.42yrno data0.00041%
$ 145.7k
Darla Figoli
Executive Vice President of Human Resources & Employee Services and Chief Human Resources Officer2.5yrsno data0.010%
$ 3.7m
Timothy O'Connor
Executive VP & Chief Generation Officer8.17yrsno data0.0044%
$ 1.6m
David Hudson
President of Xcel Energy - New Mexico6.83yrsno data0.0025%
$ 895.4k
Christopher Clark
President of Xcel Energy-Minnesota5.83yrsno data0.0041%
$ 1.4m
Peter Gardner
Chief Nuclear Officer0.67yrno datano data

2.5yrs

Average Tenure

58yo

Average Age

Experienced Management: XEL's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Benjamin Gwynn Fowke
Chairman & CEO9.25yrsUS$16.90m0.069%
$ 24.6m
Christopher Clark
President of Xcel Energy-Minnesota5.83yrsno data0.0041%
$ 1.4m
David Westerlund
Independent Director13.83yrsUS$288.00k0.0015%
$ 522.3k
Timothy Wolf
Independent Director13.83yrsUS$259.43k0.00025%
$ 88.8k
Daniel Yohannes
Independent Director3.67yrsUS$265.00k0.00074%
$ 262.9k
Richard O'Brien
Independent Director8.25yrsUS$306.00k0.00088%
$ 312.7k
James Prokopanko
Independent Director5.25yrsUS$255.00k0.00019%
$ 67.5k
David Owens
Independent Director3.25yrsUS$255.00k0.0021%
$ 728.4k
Christopher Policinski
Lead Independent Director4.5yrsUS$312.00k0.00038%
$ 135.0k
Kim Williams
Independent Director10.92yrsUS$275.57k0.00095%
$ 337.5k
James Sheppard
Independent Director9.67yrsUS$271.66k0.00019%
$ 67.5k
Lynn Casey
Independent Director2.25yrsUS$276.00k0.00021%
$ 74.6k

7.0yrs

Average Tenure

66.5yo

Average Age

Experienced Board: XEL's board of directors are considered experienced (7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: XEL insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Xcel Energy Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Xcel Energy Inc.
  • Ticker: XEL
  • Exchange: NasdaqGS
  • Founded: 1909
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: US$35.531b
  • Shares outstanding: 525.46m
  • Website: https://www.xcelenergy.com

Number of Employees


Location

  • Xcel Energy Inc.
  • 414 Nicollet Mall
  • Minneapolis
  • Minnesota
  • 55401
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XELNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJan 1968
NRNDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1968
0M1RLSE (London Stock Exchange)YesCommon StockGBUSDJan 1968
XEL *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJan 1968
XCELWBAG (Wiener Boerse AG)YesCommon StockATEURJan 1968
X1EL34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH REPR 2 COMBRBRLDec 2019

Biography

Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/28 23:47
End of Day Share Price2020/11/27 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.