Exelon Corporation (NASDAQ:EXC) Stock Has Average Target Price of $49.87

Shares of Exelon Corporation (NASDAQ:EXC – Get Free Report) have been assigned an average recommendation of “Hold” from the nineteen research firms that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, thirteen have given a hold recommendation and five have given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $49.81.

EXC has been the subject of a number of recent research reports. Morgan Stanley cut their target price on Exelon from $53.00 to $50.00 and set an “equal weight” rating for the company in a research note on Friday, September 18th. Argus dropped their price target on shares of Exelon from $52.00 to $49.00 and set a “buy” rating for the company in a research report on Tuesday, September 22nd. Truist Financial cut their price target on shares of Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a research note on Thursday, August 13th. Finally, Weiss Ratings downgraded Exelon from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 9th.

Read Our Latest Stock Report on Exelon

Exelon Stock Up 0.3%

EXC stock opened at $40.34 on Tuesday. Exelon has a twelve month low of $39.73 and a twelve month high of $50.65. The company has a market cap of $41.64 billion, a PE ratio of 14.78, a price-to-earnings-growth ratio of 2.21 and a beta of 0.30. The business’s 50-day simple moving average is $44.42 and its 200 day simple moving average is $45.98. The company has a quick ratio of 0.99, a current ratio of 1.09 and a debt-to-equity ratio of 1.71.

Exelon (NASDAQ:EXC – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.01). Exelon had a net margin of 10.99% and a return on equity of 9.81%. The firm had revenue of $5.97 billion during the quarter, compared to analyst estimates of $5.44 billion. During the same period last year, the company earned $0.39 EPS. The company’s revenue was up 10.0% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, research analysts anticipate that Exelon will post 2.86 earnings per share for the current year.

Exelon Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th were given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Friday, September 4th. Exelon’s dividend payout ratio is 61.54%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Resonant Capital Advisors LLC increased its position in shares of Exelon by 2.4% during the 1st quarter. Resonant Capital Advisors LLC now owns 9,392 shares of the company’s stock worth $460,000 after purchasing an additional 217 shares in the last quarter. PFG Investments LLC lifted its holdings in Exelon by 1.6% during the 1st quarter. PFG Investments LLC now owns 14,242 shares of the company’s stock valued at $698,000 after purchasing an additional 218 shares during the last quarter. Texas Bank & Trust Co boosted its position in Exelon by 1.5% in the first quarter. Texas Bank & Trust Co now owns 15,410 shares of the company’s stock valued at $755,000 after buying an additional 229 shares in the last quarter. Westfuller Advisors LLC grew its stake in Exelon by 12.5% during the first quarter. Westfuller Advisors LLC now owns 2,091 shares of the company’s stock worth $103,000 after buying an additional 232 shares during the last quarter. Finally, Tidal Investments LLC grew its stake in Exelon by 0.3% during the second quarter. Tidal Investments LLC now owns 70,360 shares of the company’s stock worth $3,280,000 after buying an additional 243 shares during the last quarter. 80.92% of the stock is owned by institutional investors.

About Exelon

(Get Free Report)

Exelon Corporation (NASDAQ: EXC) is a regulated utility company that delivers electricity and natural gas to residential, commercial and industrial customers. Its operations are focused primarily on the transmission and distribution of energy, along with related customer, infrastructure and energy-efficiency services.

Exelon operates through six utility companies: Atlantic City Electric, Baltimore Gas and Electric, Commonwealth Edison, Delmarva Power, PECO and Pepco. Together, these utilities serve customers across Illinois, Maryland, Delaware, New Jersey, Pennsylvania and the District of Columbia.

The company was formed in 2000 through the merger of PECO Energy and Unicom, the parent company of Commonwealth Edison.

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Analyst Recommendations for Exelon (NASDAQ:EXC)

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