Xcel Energy (XEL) has seen a variety of performances in the market recently, with reports of ups and downs in its stock price. The company's shares crossed the 4% yield mark, but also suffered a fall due to a Texas wildfire. Its position increased by Cibc World Markets Corp and Northern Trust Corp, but decreased by Magellan Asset Management. Its Q1 2024 earnings call transcript, a 10% ROE, and a dividend declaration on common stock were also reported. The company is underperforming on some days, but performs better than competitors on other strong trading days. Some insider sellers could regret the move with current market prices higher than the selling price. Collaboration with Ford Pro to support the installation of 30000 EV charging ports for business fleets by 2030 adds to its portfolio. Despite lagging estimated earnings and revenues, it was given a consensus rating of 'Moderate Buy' by analysts. It is of interest to note that those who invested in Xcel Energy five years ago are up 48%. The company’s position was trimmed by International Assets Investment Management, while Crestline Management increased its stake. Amid these developments, possible legal repercussions also loom over the company as investigations and lawsuits are underway.
Xcel Energy XEL News Analytics from Wed, 20 Sep 2023 07:00:00 GMT to Sat, 08 Jun 2024 12:28:08 GMT -
Rating 2
- Innovation 1
- Information 6
- Rumor -5
