Exelon Corporation (NASDAQ:EXC – Free Report) – Stock analysts at Scotiabank lifted their FY2026 earnings per share (EPS) estimates for shares of Exelon in a research note issued on Monday, November 2nd. Scotiabank analyst A. Weisel now anticipates that the company will post earnings per share of $2.89 for the year, up from their prior forecast of $2.85. Scotiabank currently has a “Sector Perform” rating and a $44.00 price target on the stock. The consensus estimate for Exelon’s current full-year earnings is $2.86 per share.
Exelon (NASDAQ:EXC – Get Free Report) last announced its quarterly earnings results on Friday, October 30th. The company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.08. Exelon had a net margin of 10.17% and a return on equity of 9.75%. The business had revenue of $7.32 billion during the quarter, compared to analyst estimates of $6.76 billion. During the same quarter in the previous year, the business posted $0.86 EPS. Exelon’s quarterly revenue was up 9.2% on a year-over-year basis.
Several other research firms also recently commented on EXC. HSBC assumed coverage on shares of Exelon in a research report on Thursday, October 22nd. They set a “hold” rating and a $44.00 target price for the company. Jefferies Financial Group reaffirmed a “hold” rating on shares of Exelon in a research report on Wednesday, October 28th. Argus cut their price target on Exelon from $52.00 to $49.00 and set a “buy” rating for the company in a research note on Tuesday, September 22nd. JPMorgan Chase & Co. decreased their price objective on Exelon from $47.00 to $46.00 and set a “neutral” rating for the company in a report on Monday, October 19th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Exelon in a research note on Tuesday, October 6th. Five analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $48.33.
Check Out Our Latest Analysis on Exelon
Exelon Stock Up 1.6%
Exelon stock opened at $46.24 on Thursday. The firm has a market capitalization of $47.85 billion, a price-to-earnings ratio of 17.99, a price-to-earnings-growth ratio of 2.49 and a beta of 0.24. The firm’s fifty day moving average price is $42.97 and its two-hundred day moving average price is $45.61. Exelon has a 1-year low of $39.73 and a 1-year high of $50.65. The company has a current ratio of 1.03, a quick ratio of 0.93 and a debt-to-equity ratio of 1.70.
Exelon Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Friday, December 4th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Friday, December 4th. Exelon’s payout ratio is currently 65.37%.
Institutional Trading of Exelon
Several institutional investors and hedge funds have recently made changes to their positions in EXC. Searle & CO. purchased a new stake in shares of Exelon in the third quarter worth about $342,000. Csenge Advisory Group boosted its position in shares of Exelon by 6.6% in the third quarter. Csenge Advisory Group now owns 8,779 shares of the company’s stock valued at $355,000 after acquiring an additional 544 shares during the period. New York Life Investment Management LLC grew its stake in Exelon by 0.9% during the third quarter. New York Life Investment Management LLC now owns 153,950 shares of the company’s stock valued at $6,220,000 after acquiring an additional 1,306 shares in the last quarter. Texas Bank & Trust Co increased its holdings in Exelon by 1.9% during the 3rd quarter. Texas Bank & Trust Co now owns 15,733 shares of the company’s stock worth $636,000 after acquiring an additional 286 shares during the period. Finally, M&G PLC increased its holdings in Exelon by 3.4% during the 3rd quarter. M&G PLC now owns 1,880,664 shares of the company’s stock worth $75,227,000 after acquiring an additional 62,196 shares during the period. Hedge funds and other institutional investors own 80.92% of the company’s stock.
Exelon Company Profile
Exelon Corporation (NASDAQ:EXC) is a regulated utility holding company that delivers electricity and natural gas to residential, commercial and industrial customers. The company operates through six utility subsidiaries: Atlantic City Electric, Baltimore Gas and Electric, Commonwealth Edison, Delmarva Power, PECO and Pepco. Its businesses focus primarily on the transmission, distribution and delivery of energy rather than owning competitive power-generation operations.
Exelon’s utilities serve customers across Illinois, Pennsylvania, Maryland, Delaware, New Jersey and the District of Columbia.
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