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

Shares of Exelon Corporation (NASDAQ:EXC) have earned an average recommendation of “Hold” from the fourteen research firms that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation, six have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $49.75.

A number of analysts have recently issued reports on EXC shares. KeyCorp set a $39.00 target price on Exelon in a report on Friday, December 12th. Barclays increased their price objective on Exelon from $48.00 to $52.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 14th. UBS Group lowered their target price on Exelon from $49.00 to $48.00 and set a “neutral” rating on the stock in a research note on Wednesday. Evercore ISI began coverage on shares of Exelon in a report on Monday, October 6th. They set an “outperform” rating and a $57.00 price target for the company. Finally, Morgan Stanley reaffirmed an “underperform” rating and set a $52.00 price objective on shares of Exelon in a research report on Thursday, November 20th.

Exelon Price Performance

EXC stock opened at $43.66 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.66. Exelon has a one year low of $36.55 and a one year high of $48.51. The firm has a market capitalization of $44.11 billion, a PE ratio of 15.65, a P/E/G ratio of 2.68 and a beta of 0.45. The firm has a 50-day moving average of $45.88 and a two-hundred day moving average of $44.57.

Exelon (NASDAQ:EXC) last released its quarterly earnings results on Tuesday, November 4th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.17. The business had revenue of $6.71 billion for the quarter, compared to analyst estimates of $6.40 billion. Exelon had a net margin of 11.60% and a return on equity of 10.28%. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. On average, analysts forecast that Exelon will post 2.64 earnings per share for the current year.

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, November 10th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Monday, November 10th. Exelon’s dividend payout ratio (DPR) is currently 57.35%.

Institutional Investors Weigh In On Exelon

Hedge funds and other institutional investors have recently made changes to their positions in the company. Algert Global LLC increased its holdings in Exelon by 84.4% in the first quarter. Algert Global LLC now owns 23,973 shares of the company’s stock worth $1,105,000 after buying an additional 10,970 shares during the last quarter. Quantbot Technologies LP bought a new stake in Exelon in the first quarter worth approximately $1,070,000. Banco Bilbao Vizcaya Argentaria S.A. increased its stake in shares of Exelon by 2.7% during the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 24,210 shares of the company’s stock worth $1,115,000 after purchasing an additional 644 shares during the last quarter. Dorsey & Whitney Trust CO LLC raised its holdings in shares of Exelon by 16.1% during the 1st quarter. Dorsey & Whitney Trust CO LLC now owns 7,089 shares of the company’s stock valued at $327,000 after purchasing an additional 983 shares in the last quarter. Finally, CW Advisors LLC raised its holdings in shares of Exelon by 159.0% during the 1st quarter. CW Advisors LLC now owns 17,220 shares of the company’s stock valued at $787,000 after purchasing an additional 10,572 shares in the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

About Exelon

Exelon Corporation (NASDAQ: EXC) is a Chicago-based energy company that operates primarily as a regulated electric and natural gas utility holding company. The company’s businesses focus on the delivery of electricity and related services to residential, commercial and industrial customers, as well as investments in grid modernization, customer energy solutions and demand-side programs. Exelon’s operations emphasize reliable service delivery, infrastructure maintenance and regulatory compliance across its utility footprint.

Formed in 2000 through the merger of Unicom and PECO Energy, Exelon historically combined generation and regulated utility businesses.