Exelon Corporation (EXC) Earning Somewhat Positive Press Coverage, Report Finds
News headlines about Exelon Corporation (NYSE:EXC) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Exelon Corporation earned a media sentiment score of 0.00 on Accern’s scale. Accern also gave headlines about the energy giant an impact score of 46.9772436752096 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the headlines that may have effected Accern’s analysis:
- Exelon misses 3Q profit forecasts (cnbc.com)
- Exelon (EXC) Q3 Earnings Miss by a Penny, Revenues Lag – Nasdaq (nasdaq.com)
- Exelon’s 3Q17 Earnings Missed Estimates (finance.yahoo.com)
- How Exelon Stock Responded to 3Q17 Earnings (finance.yahoo.com)
- Exelon Narrows 2017 Operating Earnings Guidance – Quick Facts (rttnews.com)
A number of equities analysts recently issued reports on EXC shares. Wolfe Research upgraded Exelon Corporation from a “market perform” rating to an “outperform” rating in a research note on Monday, July 17th. Deutsche Bank AG restated a “buy” rating and issued a $41.00 target price on shares of Exelon Corporation in a research note on Monday, July 17th. Citigroup Inc. upgraded Exelon Corporation from a “neutral” rating to a “buy” rating and raised their target price for the stock from $36.00 to $43.00 in a research note on Thursday, July 27th. BidaskClub raised Exelon Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. Finally, Barclays PLC reaffirmed an “overweight” rating and set a $44.00 price target (up from $43.00) on shares of Exelon Corporation in a research report on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $40.43.
Shares of Exelon Corporation (EXC) opened at $40.94 on Friday. Exelon Corporation has a 12-month low of $29.82 and a 12-month high of $41.56. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.76 and a current ratio of 1.03. The company has a market capitalization of $39,306.00, a PE ratio of 16.51, a PEG ratio of 3.52 and a beta of 0.31.
Exelon Corporation (NYSE:EXC) last posted its earnings results on Thursday, November 2nd. The energy giant reported $0.85 EPS for the quarter, missing the Zacks’ consensus estimate of $0.86 by ($0.01). Exelon Corporation had a net margin of 6.59% and a return on equity of 8.19%. The business had revenue of $8.77 billion for the quarter, compared to analyst estimates of $8.58 billion. During the same quarter last year, the business earned $0.91 earnings per share. Exelon Corporation’s revenue was down 2.6% on a year-over-year basis. analysts predict that Exelon Corporation will post 2.68 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Wednesday, November 15th will be given a dividend of $0.3275 per share. This represents a $1.31 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date is Tuesday, November 14th. Exelon Corporation’s dividend payout ratio (DPR) is presently 58.74%.
In related news, Chairman Mayo A. Shattuck III sold 567,070 shares of Exelon Corporation stock in a transaction dated Friday, October 27th. The stock was sold at an average price of $40.12, for a total value of $22,750,848.40. Following the sale, the chairman now directly owns 746,986 shares in the company, valued at approximately $29,969,078.32. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Paymon Aliabadi sold 13,333 shares of Exelon Corporation stock in a transaction dated Monday, September 11th. The stock was sold at an average price of $38.31, for a total value of $510,787.23. Following the completion of the sale, the executive vice president now owns 39,769 shares in the company, valued at $1,523,550.39. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,212,787 shares of company stock worth $48,570,909. 0.70% of the stock is currently owned by insiders.
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About Exelon Corporation
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.
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