Equities analysts predict that Exelon Co. (NYSE:EXC) will report $0.79 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Exelon’s earnings. The lowest EPS estimate is $0.72 and the highest is $0.87. Exelon posted earnings of $0.58 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 36.2%. The firm is expected to report its next earnings report on Friday, February 14th.
According to Zacks, analysts expect that Exelon will report full-year earnings of $3.16 per share for the current year, with EPS estimates ranging from $3.10 to $3.27. For the next year, analysts forecast that the company will post earnings of $3.13 per share, with EPS estimates ranging from $3.02 to $3.28. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that that provide coverage for Exelon.
Exelon (NYSE:EXC) last released its quarterly earnings results on Thursday, October 31st. The energy giant reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.03. The business had revenue of $9.40 billion during the quarter, compared to analysts’ expectations of $8.70 billion. Exelon had a return on equity of 8.47% and a net margin of 6.43%. The firm’s revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.88 EPS.
EXC has been the subject of several research analyst reports. UBS Group raised their price target on Exelon from $53.00 to $55.00 and gave the company a “buy” rating in a report on Friday, September 6th. SunTrust Banks cut their price target on Exelon to $46.00 and set a “hold” rating for the company in a report on Friday, October 18th. Barclays restated a “buy” rating and set a $54.00 price target on shares of Exelon in a report on Thursday, September 26th. Credit Suisse Group cut their price target on Exelon from $51.00 to $50.00 and set an “outperform” rating for the company in a report on Friday, October 18th. Finally, Morgan Stanley upgraded Exelon from an “equal weight” rating to an “overweight” rating in a report on Friday, September 6th. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Exelon has an average rating of “Buy” and a consensus price target of $52.00.
Large investors have recently bought and sold shares of the company. ETRADE Capital Management LLC lifted its stake in shares of Exelon by 60.9% in the 2nd quarter. ETRADE Capital Management LLC now owns 15,008 shares of the energy giant’s stock valued at $719,000 after purchasing an additional 5,679 shares during the last quarter. Hilltop Holdings Inc. lifted its stake in shares of Exelon by 4.1% during the 2nd quarter. Hilltop Holdings Inc. now owns 10,890 shares of the energy giant’s stock worth $522,000 after acquiring an additional 430 shares during the last quarter. United Asset Strategies Inc. lifted its stake in shares of Exelon by 4.0% during the 3rd quarter. United Asset Strategies Inc. now owns 6,945 shares of the energy giant’s stock worth $336,000 after acquiring an additional 265 shares during the last quarter. First American Bank lifted its stake in shares of Exelon by 1.4% during the 2nd quarter. First American Bank now owns 106,254 shares of the energy giant’s stock worth $5,094,000 after acquiring an additional 1,433 shares during the last quarter. Finally, Cibc Bank USA lifted its stake in shares of Exelon by 5.0% during the 2nd quarter. Cibc Bank USA now owns 7,398 shares of the energy giant’s stock worth $354,000 after acquiring an additional 350 shares during the last quarter. 78.99% of the stock is owned by institutional investors and hedge funds.
NYSE EXC traded up $0.28 during trading on Wednesday, hitting $44.54. 5,112,911 shares of the stock traded hands, compared to its average volume of 5,725,443. The company has a market capitalization of $42.74 billion, a P/E ratio of 14.28, a price-to-earnings-growth ratio of 4.50 and a beta of 0.26. The firm has a 50-day simple moving average of $44.98 and a 200-day simple moving average of $47.12. The company has a quick ratio of 0.77, a current ratio of 0.90 and a debt-to-equity ratio of 0.95. Exelon has a 12-month low of $43.10 and a 12-month high of $51.18.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Friday, November 15th will be paid a $0.3625 dividend. This represents a $1.45 annualized dividend and a dividend yield of 3.26%. The ex-dividend date is Thursday, November 14th. Exelon’s payout ratio is 46.47%.
Exelon Company Profile
Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, and solar generating facilities. The company also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.
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