How to Buy Xcel Energy Stock
Xcel Energy Inc
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 segments.
Xcel Energy stock last closed at $55.33, up 0.11% from the previous day, and has decreased 22.1% in one year. It has underperformed other stocks in the Utilities - Regulated Electric industry by 0.12 percentage points. Xcel Energy stock is currently +18.25% from its 52-week low of $46.79, and -22.04% from its 52-week high of $70.97.
There are currently 555.16M XEL shares outstanding. The market capitalization of XEL is $30.72B. In the last 24 hours, 4.61M XEL shares were traded.
How to Buy Xcel Energy Stock
Wondering how to invest in Xcel Energy stock? Here's how.
- Choose where to buy Xcel Energy stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Xcel Energy stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick your method of payment and add your info.
- Analyze Xcel Energy stock: The Xcel Energy ticker symbol is XEL. Is Xcel Energy stock a good investment? Should you buy shares of XEL? How do XEL's underlying business fundamentals look? Do top analysts think Xcel Energy is a good buy? Why has XEL's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if XEL is a good stock to buy).
- Execute your XEL purchase: Decide if you will purchase XEL shares at the current market price or use a limit order to buy XEL shares at a specific price.
- Get notifications regarding your XEL position: Create a watchlist to watch your investment in Xcel Energy stock.
Step 1: Choose where to buy Xcel Energy stock
You will need a brokerage account to access the NASDAQ market and buy XEL stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal information so you can invest in XEL stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create your new brokerage account.
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Step 3: Put funds into your brokerage account
Now that you have finished signing up on apps for stock market, you can securely and quickly fund your account:
Check out the walkthrough below for more details depositing funds into your new investment account.
Step 4: Analyze Xcel Energy stock
After you have decided on the best place to buy Xcel Energy stock, it's crucial to analyze their stock before you buy, so you actually wrap your head around the risk and upside.
Xcel Energy stock data
Xcel Energy Overview
WallStreetZen was designed to help part-time investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on XEL's stock page.
How is XEL stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge XEL's fair value.
Using relative valuations ratios:
- XEL may be overvalued based on its P/E ratio of 17.24x, relative to Utilities - Regulated Electric industry P/E ratio of 16.57x
- XEL may be overvalued based on its P/B ratio of 1.74x, relative to Utilities - Regulated Electric industry P/B ratio of 1.65x
- XEL could be overvalued based on its PEG ratio of 2.35x
You can do additional valuation research on XEL's stock here.
XEL Financial Summary
Passed Health Checks:
- XEL profit margin has gone up from 11.3% to 12.5% in the past year.
- Total XEL debt is lower than 5 years ago, relative to shareholder equity.
- XEL has $129.00M in cash and short term investments. This is sufficient to cover its annual cash burn of $527.00M.
Failed Health Checks:
- XEL has a relatively high debt to equity ratio of 2.64.
- There are more long-term liabilities than short-term assets on the XEL balance sheet.
- There are more short-term liabilities than short-term assets on the XEL balance sheet.
- XEL has cash burn of 527000000. It does not have enough cash and short-term investments to cover this.
Is Xcel Energy stock a Buy, Hold, or Sell, according to analysts?
Out of 10 Wall Street analysts who monitor XEL, the consensus analyst rating on Xcel Energy is a Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
Latest XEL Analyst Ratings
Eric Beaumont, a top 13% analyst from Barclays maintains XEL with a hold rating and lowers their XEL price target from $62.00 to $61.00, on Jan 29, 2024.
Neil Kalton, a top 16% analyst from Wells Fargo maintains XEL with a hold rating and raises their XEL price target from $63.00 to $64.00, on Jan 26, 2024.
James Thalacker, a top 18% analyst from BMO Capital maintains XEL with a hold rating and raises their XEL price target from $59.00 to $62.00, on Dec 18, 2023.
Jeremy Metz, a bottom 33% analyst from JP Morgan maintains XEL with a hold rating and raises their XEL price target from $66.00 to $68.00, on Nov 30, 2023.
Stephen Byrd, a top 6% analyst from Morgan Stanley maintains XEL with a hold rating and raises their XEL price target from $58.00 to $59.00, on Nov 21, 2023.
You can dive deeper into what analysts are forecasting on the Xcel Energy stock forecast page.
XEL Technicals
Is XEL Growing Revenue?
Last year, XEL earnings were $1.77B. In the last five year, XEL's earnings have gone up by 5.38% per year. This was slower than the Utilities - Regulated Electric industry average of 5.39%.
Last year, XEL revenue was $14.21B. Over the last 5 year, XEL's revenue has gone up by 4.25% per year. This was faster than the Utilities - Regulated Electric industry average of 3.9%.
You can analyze XEL's earnings and revenue performance here.
Latest Insiders Trades at XEL
Over the past 12 months, executives and large shareholders at XEL have sold more shares than they have bought.
Amanda J. Rome, EVP Group President Utilitie of XEL, was the latest XEL insider to sell. They sold $35,723.82 worth of XEL stock on Mar 1, 2024.
Learn more about who owns XEL shares here.
Does XEL provide a stable income stream?
Xcel Energy pays a dividend of 3.81%, compared to the Utilities - Regulated Electric industry's average dividend yield of 3.92%. If you owned $1,000 worth of XEL stock, you would have received $38.09 in the past year.
Xcel Energy dividend payments have consistently grown over the past decade and have remained stable.
Get more data about Xcel Energy dividend yield and history here.
What do other investors have to say about XEL?
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Step 5: Execute your XEL purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, use a limit order.
Click the Open button and your broker will place the order.
If you need additional help investing in stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your XEL position
Now that you own some XEL shares, you'll want to stay up-to-date on your investment.
Put XEL on a watchlist to track the most important metrics related to your XEL stock.
XEL Feed
How to Buy Stock in Xcel Energy
To reiterate, here are the 6 steps to buy Xcel Energy stock:
- Choose where to buy Xcel Energy stock
- Create your brokerage account
- Put funds into your brokerage account
- Analyze Xcel Energy stock
- Execute your XEL purchase
- Get notifications regarding your XEL position
If you require a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Xcel Energy, get started below.
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