Shares of Exelon Co. (NYSE:EXC) have earned a consensus recommendation of “Buy” from the nineteen research firms that are currently covering the company, Marketbeat reports. Eight investment analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $45.00.

A number of research analysts have recently commented on the company. Morgan Stanley lowered their target price on Exelon from $48.00 to $47.00 and set an “equal weight” rating for the company in a research note on Wednesday. SunTrust Banks restated a “hold” rating and issued a $45.00 target price on shares of Exelon in a research note on Monday. Macquarie raised their target price on Exelon from $45.00 to $46.00 and gave the company a “buy” rating in a research note on Monday. Wells Fargo & Co raised their target price on Exelon from $44.00 to $46.00 and gave the company a “market perform” rating in a research note on Monday, September 17th. Finally, KeyCorp raised their target price on Exelon from $43.00 to $46.00 and gave the company an “overweight” rating in a research note on Friday, August 17th.

Shares of EXC traded down $0.38 on Wednesday, reaching $42.20. The stock had a trading volume of 5,725,300 shares, compared to its average volume of 6,072,526. The stock has a market cap of $41.73 billion, a PE ratio of 16.38, a PEG ratio of 2.46 and a beta of 0.21. The company has a quick ratio of 1.03, a current ratio of 1.19 and a debt-to-equity ratio of 1.02. Exelon has a 12-month low of $35.57 and a 12-month high of $45.05.

Exelon (NYSE:EXC) last released its earnings results on Thursday, August 2nd. The energy giant reported $0.71 EPS for the quarter, beating the Zacks’ consensus estimate of $0.61 by $0.10. The company had revenue of $8.08 billion during the quarter, compared to analysts’ expectations of $7.39 billion. Exelon had a return on equity of 9.48% and a net margin of 11.25%. The firm’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.54 EPS. equities analysts anticipate that Exelon will post 3.1 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 10th. Investors of record on Thursday, November 15th will be given a dividend of $0.345 per share. This represents a $1.38 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date of this dividend is Wednesday, November 14th. Exelon’s dividend payout ratio (DPR) is presently 53.08%.

A number of hedge funds have recently bought and sold shares of EXC. Thrivent Financial for Lutherans increased its position in Exelon by 480.4% during the 1st quarter. Thrivent Financial for Lutherans now owns 257,382 shares of the energy giant’s stock valued at $10,040,000 after buying an additional 213,033 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Exelon by 23.0% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 127,186 shares of the energy giant’s stock worth $4,962,000 after purchasing an additional 23,797 shares in the last quarter. Haverford Trust Co. increased its holdings in shares of Exelon by 26.3% in the 1st quarter. Haverford Trust Co. now owns 8,464 shares of the energy giant’s stock worth $330,000 after purchasing an additional 1,760 shares in the last quarter. BlackRock Inc. increased its holdings in shares of Exelon by 0.6% in the 1st quarter. BlackRock Inc. now owns 71,228,329 shares of the energy giant’s stock worth $2,778,620,000 after purchasing an additional 438,549 shares in the last quarter. Finally, Federated Investors Inc. PA increased its holdings in shares of Exelon by 82.0% in the 1st quarter. Federated Investors Inc. PA now owns 919,106 shares of the energy giant’s stock worth $35,855,000 after purchasing an additional 414,043 shares in the last quarter. 78.57% of the stock is owned by institutional investors.

Exelon Company Profile

Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. The company owns electric generating facilities, such as nuclear, fossil, wind, hydroelectric, and solar generating facilities. It also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.

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Analyst Recommendations for Exelon (NYSE:EXC)

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