Exelon (NASDAQ:EXC) Cut to Underweight at KeyCorp

KeyCorp downgraded shares of Exelon (NASDAQ:EXC) from a sector weight rating to an underweight rating in a research note released on Wednesday morning, Marketbeat.com reports. The brokerage currently has $39.00 target price on the stock. KeyCorp also issued estimates for Exelon’s Q2 2025 earnings at $0.88 EPS, Q3 2025 earnings at $0.53 EPS, FY2025 earnings at $2.73 EPS and FY2026 earnings at $2.82 EPS.

EXC has been the subject of several other research reports. Guggenheim increased their price objective on Exelon from $47.00 to $50.00 and gave the company a “buy” rating in a report on Friday, May 2nd. Evercore ISI increased their price objective on Exelon from $48.00 to $51.00 and gave the company an “in-line” rating in a report on Friday, May 2nd. Morgan Stanley increased their price objective on Exelon from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Thursday, March 20th. BMO Capital Markets increased their price objective on Exelon from $46.00 to $50.00 and gave the company an “outperform” rating in a report on Monday, April 28th. Finally, Barclays increased their price objective on Exelon from $42.00 to $48.00 and gave the company an “overweight” rating in a report on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, Exelon currently has an average rating of “Hold” and a consensus target price of $47.30.

Exelon Trading Up 1.5%

NASDAQ:EXC opened at $44.09 on Wednesday. Exelon has a twelve month low of $34.01 and a twelve month high of $48.11. The company has a quick ratio of 0.78, a current ratio of 0.87 and a debt-to-equity ratio of 1.61. The business has a 50 day moving average price of $45.23 and a two-hundred day moving average price of $41.55. The company has a market cap of $44.51 billion, a P/E ratio of 18.00, a price-to-earnings-growth ratio of 2.86 and a beta of 0.43.

Exelon (NASDAQ:EXC) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.06. The firm had revenue of $6.71 billion during the quarter, compared to the consensus estimate of $6.30 billion. Exelon had a return on equity of 9.52% and a net margin of 10.68%. The business’s revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.68 EPS. As a group, analysts expect that Exelon will post 2.64 EPS for the current fiscal year.

Exelon Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Monday, May 12th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.63%. The ex-dividend date of this dividend is Monday, May 12th. Exelon’s payout ratio is 59.48%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Providence Wealth Advisors LLC increased its position in Exelon by 0.6% during the 1st quarter. Providence Wealth Advisors LLC now owns 39,342 shares of the company’s stock worth $1,802,000 after buying an additional 217 shares during the period. Hazlett Burt & Watson Inc. increased its position in Exelon by 46.4% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 694 shares of the company’s stock worth $32,000 after buying an additional 220 shares during the period. CWM LLC increased its position in Exelon by 0.7% during the 1st quarter. CWM LLC now owns 33,775 shares of the company’s stock worth $1,556,000 after buying an additional 226 shares during the period. Catalyst Financial Partners LLC increased its position in Exelon by 2.4% during the 1st quarter. Catalyst Financial Partners LLC now owns 9,761 shares of the company’s stock worth $450,000 after buying an additional 230 shares during the period. Finally, Centre Asset Management LLC increased its position in Exelon by 3.2% during the 1st quarter. Centre Asset Management LLC now owns 7,584 shares of the company’s stock worth $349,000 after buying an additional 233 shares during the period. Institutional investors own 80.92% of the company’s stock.

Exelon Company Profile

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.