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

Exelon Corporation (NASDAQ:EXCGet Free Report) has been assigned an average recommendation of “Hold” from the fourteen analysts that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, five have issued a hold rating, six have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is $49.75.

A number of equities research analysts have weighed in on the company. Jefferies Financial Group set a $57.00 target price on Exelon in a report on Wednesday, October 15th. KeyCorp set a $39.00 price objective on Exelon in a research note on Friday, December 12th. BTIG Research assumed coverage on Exelon in a research report on Tuesday, October 21st. They issued a “neutral” rating on the stock. Barclays boosted their target price on Exelon from $48.00 to $52.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 14th. Finally, Evercore ISI began coverage on shares of Exelon in a research note on Monday, October 6th. They issued an “outperform” rating and a $57.00 price target on the stock.

Check Out Our Latest Stock Report on Exelon

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. LRI Investments LLC increased its holdings in Exelon by 210.8% in the 3rd quarter. LRI Investments LLC now owns 578 shares of the company’s stock worth $26,000 after purchasing an additional 392 shares in the last quarter. Root Financial Partners LLC bought a new stake in shares of Exelon during the third quarter worth about $30,000. Hager Investment Management Services LLC grew its holdings in shares of Exelon by 100.0% during the second quarter. Hager Investment Management Services LLC now owns 670 shares of the company’s stock worth $29,000 after purchasing an additional 335 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of Exelon in the second quarter valued at approximately $29,000. Finally, Steigerwald Gordon & Koch Inc. bought a new position in Exelon in the 3rd quarter valued at approximately $32,000. 80.92% of the stock is currently owned by institutional investors.

Exelon Trading Up 1.2%

Shares of Exelon stock opened at $43.96 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.66. Exelon has a 12-month low of $37.06 and a 12-month high of $48.51. The company has a market capitalization of $44.41 billion, a price-to-earnings ratio of 15.76, a PEG ratio of 2.67 and a beta of 0.45. The firm’s 50-day moving average price is $45.59 and its two-hundred day moving average price is $44.58.

Exelon (NASDAQ:EXCGet Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.17. The company had revenue of $6.71 billion during the quarter, compared to the consensus estimate of $6.40 billion. Exelon had a net margin of 11.60% and a return on equity of 10.28%. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. On average, analysts forecast that Exelon will post 2.64 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, November 10th were given a $0.40 dividend. The ex-dividend date was Monday, November 10th. This represents a $1.60 dividend on an annualized basis and a yield of 3.6%. Exelon’s dividend payout ratio (DPR) is currently 57.35%.

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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