Xcel Energy Inc
XEL: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$52.00 | Mpxkpn | Rznmrrs |
Xcel Energy Earnings: Electricity Demand Growth Set to Power Investment Plan
We are reaffirming our $60 fair value estimate for Xcel Energy after the company reported $0.54 in operating earnings per share during the second quarter, up from $0.52 in the second quarter of 2023. Year-to-date results are in line with our full-year outlook. We also are reaffirming our narrow moat rating.