Seaport Res Ptn Increases Earnings Estimates for Exelon

Exelon Corporation (NASDAQ:EXC) – Seaport Res Ptn lifted their FY2025 EPS estimates for shares of Exelon in a research note issued on Monday, July 28th. Seaport Res Ptn analyst A. Storozynski now forecasts that the company will post earnings of $2.69 per share for the year, up from their prior estimate of $2.63. The consensus estimate for Exelon’s current full-year earnings is $2.64 per share.

Several other research firms have also recently issued reports on EXC. Morgan Stanley cut their target price on Exelon from $49.00 to $48.00 and set an “equal weight” rating for the company in a research report on Thursday, May 22nd. BMO Capital Markets upped their price target on Exelon from $46.00 to $50.00 and gave the stock an “outperform” rating in a research note on Monday, April 28th. KeyCorp cut their price objective on shares of Exelon from $39.00 to $37.00 and set an “underweight” rating for the company in a report on Wednesday, July 16th. Evercore ISI boosted their target price on shares of Exelon from $48.00 to $51.00 and gave the stock an “in-line” rating in a report on Friday, May 2nd. Finally, Wells Fargo & Company raised their target price on shares of Exelon from $46.00 to $50.00 and gave the company an “equal weight” rating in a research note on Friday, May 2nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $47.20.

Exelon Trading Up 1.5%

Exelon stock opened at $44.94 on Thursday. Exelon has a 12-month low of $35.94 and a 12-month high of $48.11. The firm has a market capitalization of $45.37 billion, a price-to-earnings ratio of 16.71, a P/E/G ratio of 2.59 and a beta of 0.39. The firm has a 50 day moving average of $43.27 and a 200 day moving average of $43.52. The company has a current ratio of 1.09, a quick ratio of 0.98 and a debt-to-equity ratio of 1.66.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.37 by $0.02. The firm had revenue of $5.43 billion during the quarter, compared to analyst estimates of $5.47 billion. Exelon had a return on equity of 10.29% and a net margin of 11.44%. Exelon’s revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.47 EPS.

Exelon Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Monday, August 11th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, August 11th. This represents a $1.60 dividend on an annualized basis and a yield of 3.6%. Exelon’s dividend payout ratio (DPR) is 59.48%.

Hedge Funds Weigh In On Exelon

Institutional investors have recently bought and sold shares of the business. Edgestream Partners L.P. boosted its holdings in shares of Exelon by 354.9% in the 1st quarter. Edgestream Partners L.P. now owns 193,388 shares of the company’s stock valued at $8,911,000 after buying an additional 150,876 shares in the last quarter. Arizona State Retirement System raised its stake in shares of Exelon by 3.6% during the 1st quarter. Arizona State Retirement System now owns 294,857 shares of the company’s stock worth $13,587,000 after acquiring an additional 10,176 shares in the last quarter. Cerity Partners LLC lifted its position in Exelon by 14.9% during the first quarter. Cerity Partners LLC now owns 485,968 shares of the company’s stock valued at $22,393,000 after acquiring an additional 63,009 shares during the last quarter. Janney Montgomery Scott LLC acquired a new stake in Exelon in the first quarter valued at approximately $6,795,000. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Exelon by 141.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 269,101 shares of the company’s stock valued at $12,400,000 after acquiring an additional 157,548 shares in the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

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.