Xcel Energy (XEL) has seen a surge in call options trading, indicating high investor interest. The Board of Xcel has declared dividends repeatedly on its Common Stock, including a quarterly return of US$0.57 per share. Despite downgrades by StockNews.com, the company continues to maintain its quarterly dividend and offer a decent yield of 3.26%. Xcel experienced considerable stock transactions with several institutional investors initiating, reducing, or selling their holdings, indicating a market interest in the utility company. The company, however, struggled with Q1 earnings and revenue, missing estimates. Regardless, amidst higher costs and estimates miss, Xcel announced massive investment plans, indicating a positive future outlook. It also declared a dividend of 57 cents per share amid sector repositioning. Although Xcel missed earnings on higher maintenance expenses, they have increased their financial flexibility with new credit agreements and launched a $45 bln investment plan looking forward.
Xcel Energy XEL News Analytics from Thu, 31 Oct 2024 07:00:00 GMT to Sat, 24 May 2025 15:15:08 GMT -
Rating 1
- Innovation -5
- Information 6
- Rumor 5
