Exelon Corporation (NASDAQ:EXC) Receives Consensus Rating of “Hold” from Brokerages

Shares of Exelon Corporation (NASDAQ:EXC) have earned a consensus recommendation of “Hold” from the ten research firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $48.1111.

A number of equities research analysts recently issued reports on the company. KeyCorp decreased their price target on Exelon from $39.00 to $37.00 and set an “underweight” rating for the company in a research note on Wednesday, July 16th. Evercore ISI set a $57.00 target price on Exelon and gave the stock an “outperform” rating in a research report on Monday. Weiss Ratings restated a “buy (b-)” rating on shares of Exelon in a report on Saturday, September 27th. Morgan Stanley decreased their price objective on shares of Exelon from $50.00 to $49.00 and set an “equal weight” rating for the company in a report on Thursday, September 25th. Finally, UBS Group reissued a “neutral” rating and issued a $48.00 price objective (up from $47.00) on shares of Exelon in a research report on Friday, July 11th.

Institutional Investors Weigh In On Exelon

Institutional investors and hedge funds have recently bought and sold shares of the company. Hager Investment Management Services LLC grew its position in shares of Exelon by 100.0% during the 2nd quarter. Hager Investment Management Services LLC now owns 670 shares of the company’s stock worth $29,000 after buying an additional 335 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in Exelon in the second quarter worth about $29,000. Hazlett Burt & Watson Inc. lifted its stake in Exelon by 46.4% in the first quarter. Hazlett Burt & Watson Inc. now owns 694 shares of the company’s stock worth $32,000 after acquiring an additional 220 shares during the period. ANTIPODES PARTNERS Ltd bought a new position in Exelon during the 1st quarter worth about $34,000. Finally, CoreFirst Bank & Trust purchased a new position in Exelon during the 2nd quarter valued at about $38,000. 80.92% of the stock is owned by institutional investors.

Exelon Price Performance

EXC stock opened at $45.69 on Tuesday. The stock has a market cap of $46.15 billion, a PE ratio of 17.37, a P/E/G ratio of 2.66 and a beta of 0.40. Exelon has a 12 month low of $35.94 and a 12 month high of $48.11. The company has a 50-day moving average price of $44.23 and a 200 day moving average price of $44.24. The company has a current ratio of 0.95, a quick ratio of 0.85 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 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.02. Exelon had a net margin of 11.16% and a return on equity of 9.85%. The company had revenue of $5.43 billion for the quarter, compared to analyst estimates of $5.47 billion. During the same period in the prior year, the company posted $0.47 EPS. The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Equities research analysts anticipate that Exelon will post 2.64 earnings per share for the current year.

Exelon Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Monday, August 11th were issued a $0.40 dividend. The ex-dividend date was Monday, August 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.5%. Exelon’s payout ratio is presently 60.84%.

About Exelon

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.