Exelon Corp. (NYSE:EXC) – Analysts at Jefferies Group issued their FY2018 earnings per share estimates for Exelon Corp. in a research report issued on Monday. Jefferies Group analyst A. Crowdell forecasts that the brokerage will post earnings per share of $2.85 for the year. Jefferies Group currently has a “Buy” rating and a $36.00 target price on the stock. Jefferies Group also issued estimates for Exelon Corp.’s FY2019 earnings at $2.65 EPS.

Exelon Corp. (NYSE:EXC) last announced its quarterly earnings data on Tuesday, August 9th. The energy giant reported $0.65 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.56 by $0.09. Exelon Corp. had a net margin of 4.58% and a return on equity of 8.52%. The firm earned $6.90 billion during the quarter, compared to analysts’ expectations of $7.30 billion. During the same quarter last year, the business earned $0.59 earnings per share. The business’s revenue for the quarter was up 6.1% compared to the same quarter last year.

Earnings History and Estimates for Exelon Corp. (NYSE:EXC)

EXC has been the subject of several other research reports. Barclays PLC lowered their target price on shares of Exelon Corp. from $41.00 to $39.00 and set an “overweight” rating for the company in a research note on Wednesday, August 31st. Citigroup Inc. boosted their target price on shares of Exelon Corp. from $27.00 to $29.00 and gave the company a “sell” rating in a research note on Wednesday, July 20th. Zacks Investment Research lowered shares of Exelon Corp. from a “hold” rating to a “sell” rating in a research note on Tuesday, July 19th. Deutsche Bank AG boosted their target price on shares of Exelon Corp. from $39.00 to $40.00 and gave the company a “buy” rating in a research note on Thursday, August 11th. Finally, Morgan Stanley set a $38.00 target price on shares of Exelon Corp. and gave the company a “hold” rating in a research note on Thursday, August 11th. One analyst has rated the stock with a sell rating, eight have given a hold rating and nine have given a buy rating to the company. Exelon Corp. has a consensus rating of “Hold” and a consensus target price of $36.33.

Shares of Exelon Corp. (NYSE:EXC) traded down 1.17% during mid-day trading on Tuesday, hitting $32.12. 3,339,543 shares of the company traded hands. The firm has a market cap of $29.64 billion, a price-to-earnings ratio of 21.50 and a beta of 0.25. Exelon Corp. has a 52-week low of $25.09 and a 52-week high of $37.70. The firm has a 50-day moving average price of $33.78 and a 200 day moving average price of $34.85.

In other Exelon Corp. news, CEO Kenneth W. Cornew sold 30,000 shares of the company’s stock in a transaction dated Friday, July 15th. The shares were sold at an average price of $36.47, for a total transaction of $1,094,100.00. Following the completion of the sale, the chief executive officer now directly owns 32,844 shares of the company’s stock, valued at $1,197,820.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Calvin Butler, Jr. sold 6,403 shares of the company’s stock in a transaction dated Thursday, September 22nd. The shares were sold at an average price of $35.00, for a total transaction of $224,105.00. Following the sale, the chief executive officer now directly owns 18,109 shares of the company’s stock, valued at $633,815. The disclosure for this sale can be found here. Company insiders own 0.80% of the company’s stock.

A number of hedge funds have recently bought and sold shares of EXC. Bank of Montreal Can purchased a new stake in Exelon Corp. during the second quarter worth approximately $91,853,000. Jennison Associates LLC raised its stake in Exelon Corp. by 65.5% in the second quarter. Jennison Associates LLC now owns 4,059,122 shares of the energy giant’s stock worth $147,590,000 after buying an additional 1,605,976 shares in the last quarter. Emerald Acquisition Ltd. purchased a new stake in Exelon Corp. during the second quarter worth approximately $57,565,000. LNZ Capital LP raised its stake in Exelon Corp. by 74.9% in the second quarter. LNZ Capital LP now owns 2,802,163 shares of the energy giant’s stock worth $101,887,000 after buying an additional 1,199,888 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in Exelon Corp. by 6.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 17,222,321 shares of the energy giant’s stock worth $626,203,000 after buying an additional 1,070,084 shares in the last quarter. 74.90% of the stock is owned by institutional investors.

About Exelon Corp.

Exelon Corporation is a utility services holding company. The Company operates through nine segments consisting of Exelon Generation Company, LLC’s (Generation’s) six power marketing segments, including Mid-Atlantic, Midwest, New England, New York, ERCOT and other regions; Commonwealth Edison Company (ComEd); PECO Energy Company (PECO), and Baltimore Gas and Electric Company (BGE).

5 Day Chart for NYSE:EXC

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