Exelon (NYSE:EXC) had its price target lowered by KeyCorp from $45.00 to $40.00 in a report published on Friday. The firm currently has an overweight rating on the energy giant’s stock. KeyCorp also issued estimates for Exelon’s Q1 2018 earnings at $0.95 EPS, FY2018 earnings at $3.05 EPS and FY2019 earnings at $3.00 EPS.

Other equities research analysts also recently issued reports about the company. SunTrust Banks reissued a buy rating and issued a $41.00 price objective on shares of Exelon in a report on Thursday, October 12th. Royal Bank of Canada reissued a buy rating and issued a $43.00 price objective on shares of Exelon in a report on Tuesday, November 7th. Bank of America began coverage on Exelon in a report on Tuesday, October 24th. They issued a buy rating and a $43.00 price objective for the company. Zacks Investment Research raised Exelon from a hold rating to a buy rating and set a $42.00 price objective for the company in a report on Friday, February 2nd. Finally, UBS Group began coverage on Exelon in a report on Friday, February 2nd. They issued a buy rating and a $44.00 price objective for the company. One research analyst has rated the stock with a sell rating, four have issued a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. Exelon currently has a consensus rating of Buy and a consensus price target of $41.03.

Shares of Exelon (EXC) traded up $0.88 during trading on Friday, reaching $36.86. 10,826,831 shares of the company’s stock traded hands, compared to its average volume of 6,790,000. The stock has a market capitalization of $36,280.00, a price-to-earnings ratio of 9.36, a P/E/G ratio of 2.55 and a beta of 0.23. Exelon has a one year low of $33.30 and a one year high of $42.67. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.10 and a quick ratio of 0.89.

Exelon (NYSE:EXC) last announced its quarterly earnings results on Wednesday, February 7th. The energy giant reported $0.55 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by ($0.05). The company had revenue of $8.38 billion during the quarter, compared to analysts’ expectations of $7.66 billion. Exelon had a net margin of 11.53% and a return on equity of 8.35%. The business’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.44 earnings per share. sell-side analysts predict that Exelon will post 3.02 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Thursday, February 15th will be issued a dividend of $0.345 per share. The ex-dividend date is Wednesday, February 14th. This is an increase from Exelon’s previous quarterly dividend of $0.33. This represents a $1.38 annualized dividend and a dividend yield of 3.74%. Exelon’s dividend payout ratio (DPR) is currently 33.25%.

In related news, EVP Paymon Aliabadi sold 13,334 shares of the stock in a transaction on Friday, December 8th. The stock was sold at an average price of $40.62, for a total transaction of $541,627.08. Following the completion of the sale, the executive vice president now directly owns 26,435 shares of the company’s stock, valued at $1,073,789.70. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.70% of the stock is owned by company insiders.

A number of institutional investors have recently added to or reduced their stakes in EXC. Bank of Nova Scotia Trust Co. acquired a new stake in Exelon in the third quarter valued at $102,000. NuWave Investment Management LLC acquired a new stake in Exelon in the fourth quarter valued at $105,000. Baker Ellis Asset Management LLC acquired a new stake in Exelon in the fourth quarter valued at $118,000. Cerebellum GP LLC acquired a new stake in Exelon in the fourth quarter valued at $122,000. Finally, Trustcore Financial Services LLC acquired a new stake in Exelon in the fourth quarter valued at $142,000. 77.71% of the stock is owned by institutional investors.

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Exelon Company Profile

Exelon Corporation is a utility services holding company. The Company, through its subsidiary, Exelon Generation Company, LLC (Generation), is engaged in the energy generation business. The Company, through its subsidiaries, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Pepco Holdings LLC (PHI), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE), is engaged in the energy delivery businesses.

Analyst Recommendations for Exelon (NYSE:EXC)

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