Exelon (NASDAQ:EXC – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 2.640-2.740 for the period, compared to the consensus estimate of 2.690. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on the stock. Evercore ISI assumed coverage on shares of Exelon in a research note on Monday, October 6th. They issued an “outperform” rating and a $57.00 price target for the company. Jefferies Financial Group set a $57.00 price target on shares of Exelon in a research note on Wednesday, October 15th. UBS Group increased their price target on shares of Exelon from $48.00 to $50.00 and gave the stock a “neutral” rating in a research note on Friday, October 10th. Wells Fargo & Company upgraded shares of Exelon to a “strong-buy” rating in a research note on Tuesday, October 28th. Finally, Barclays increased their price target on shares of Exelon from $48.00 to $52.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 14th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $50.55.
Get Our Latest Stock Analysis on EXC
Exelon Trading Down 1.1%
Exelon (NASDAQ:EXC – Get Free Report) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.17. Exelon had a net margin of 11.16% and a return on equity of 9.85%. The company had revenue of $6.71 billion during the quarter, compared to analyst estimates of $6.40 billion. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Equities analysts expect that Exelon will post 2.64 earnings per share for the current year.
Exelon Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, November 10th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Monday, November 10th. This represents a $1.60 dividend on an annualized basis and a yield of 3.5%. Exelon’s dividend payout ratio (DPR) is currently 60.84%.
Institutional Investors Weigh In On Exelon
A number of institutional investors have recently added to or reduced their stakes in EXC. Chapman Financial Group LLC purchased a new position in Exelon in the 2nd quarter valued at $62,000. HUB Investment Partners LLC purchased a new stake in Exelon in the 2nd quarter valued at about $227,000. Caxton Associates LLP purchased a new stake in Exelon in the 1st quarter valued at about $286,000. LMR Partners LLP raised its holdings in Exelon by 43.7% in the 2nd quarter. LMR Partners LLP now owns 6,960 shares of the company’s stock valued at $302,000 after buying an additional 2,115 shares during the period. Finally, Geneos Wealth Management Inc. grew its position in Exelon by 59.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 7,279 shares of the company’s stock valued at $316,000 after acquiring an additional 2,709 shares in the last quarter. Institutional investors and hedge funds 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.
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