Xcel Energy Inc
XEL: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$64.00 | Xfsqgcp | Xsrnjjrcv |
Xcel Energy Earnings: Capital Investment Growth Plan on Track; Wildfire Risk Overhang Remains
We are reaffirming our $60 fair value estimate for Xcel Energy after the company reported $0.88 in ongoing earnings per share during the first quarter, up from $0.76 in the first quarter of 2023. We also are reaffirming our narrow moat rating.