Exelon Corporation (NASDAQ:EXC) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Exelon Corporation (NASDAQ:EXCGet Free Report) have been given an average recommendation of “Hold” by the eighteen brokerages that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, thirteen have issued a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $50.2667.

Several research analysts have recently weighed in on EXC shares. Citigroup started coverage on Exelon in a research report on Thursday, March 26th. They set a “buy” rating and a $58.00 price objective for the company. Barclays downgraded Exelon from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $50.00 to $49.00 in a report on Friday, April 17th. KeyCorp cut their price objective on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research report on Wednesday, May 13th. BMO Capital Markets restated a “market perform” rating and issued a $49.00 price target (down from $52.00) on shares of Exelon in a research note on Friday, April 17th. Finally, TD Cowen cut their target price on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday, May 15th.

View Our Latest Report on EXC

Institutional Trading of Exelon

A number of large investors have recently bought and sold shares of the business. Bell Investment Advisors Inc grew its position in shares of Exelon by 113.4% during the 1st quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock worth $26,000 after buying an additional 287 shares during the period. Axiom Investment Management LLC bought a new stake in shares of Exelon during the first quarter worth about $27,000. Eastern Bank bought a new stake in Exelon during the 2nd quarter worth approximately $26,000. Motiv8 Investments LLC bought a new stake in Exelon during the fourth quarter worth $25,000. Finally, Optima Capital LLC bought a new stake in shares of Exelon in the 4th quarter worth $25,000. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Exelon Stock Performance

Shares of Exelon stock opened at $47.09 on Thursday. The firm has a fifty day moving average of $45.79 and a two-hundred day moving average of $46.32. The stock has a market capitalization of $48.18 billion, a price-to-earnings ratio of 17.25, a PEG ratio of 2.71 and a beta of 0.31. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 0.94. Exelon has a 52 week low of $42.47 and a 52 week high of $50.65.

Exelon (NASDAQ:EXCGet Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.03. The firm had revenue of $7.24 billion for the quarter, compared to analysts’ expectations of $6.93 billion. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The company’s revenue was up 7.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.92 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, equities research analysts predict that Exelon will post 2.86 EPS for the current year.

Exelon Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Thursday, June 4th were given 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 was Thursday, June 4th. Exelon’s dividend payout ratio is currently 61.54%.

Exelon Company Profile

(Get Free Report)

Exelon Corporation (NASDAQ: EXC) is a Chicago-based energy company that operates primarily as a regulated electric and natural gas utility holding company. The company’s businesses focus on the delivery of electricity and related services to residential, commercial and industrial customers, as well as investments in grid modernization, customer energy solutions and demand-side programs. Exelon’s operations emphasize reliable service delivery, infrastructure maintenance and regulatory compliance across its utility footprint.

Formed in 2000 through the merger of Unicom and PECO Energy, Exelon historically combined generation and regulated utility businesses.

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Analyst Recommendations for Exelon (NASDAQ:EXC)

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