Exelon Corporation (NASDAQ:EXC) Stock Has Consensus Target Price of $49.20

Exelon Corporation (NASDAQ:EXC) has received an average rating of “Hold” from the eighteen brokerages that are currently covering the firm, MarketBeat Ratings reports. Fourteen research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $48.40.

Several equities research analysts recently weighed in on EXC shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Exelon in a research note on Tuesday, October 6th. Barclays lowered their price objective on Exelon from $49.00 to $44.00 and set an “equal weight” rating for the company in a research report on Monday. KeyCorp raised Exelon from an “underweight” rating to a “sector weight” rating in a research report on Monday, October 12th. Morgan Stanley dropped their target price on shares of Exelon from $53.00 to $50.00 and set an “equal weight” rating on the stock in a report on Friday, September 18th. Finally, Argus reduced their target price on shares of Exelon from $52.00 to $49.00 and set a “buy” rating on the stock in a research report on Tuesday, September 22nd.

Exelon Trading Down 2.5%

NASDAQ:EXC opened at $42.41 on Friday. The company has a 50-day moving average price of $42.95 and a 200-day moving average price of $45.16. The stock has a market cap of $43.78 billion, a price-to-earnings ratio of 15.53, a P/E/G ratio of 2.38 and a beta of 0.30. The company has a current ratio of 1.09, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71. Exelon has a 12 month low of $39.73 and a 12 month high of $50.65.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data 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 return on equity of 9.81% and a net margin of 10.99%. The company had revenue of $5.97 billion during the quarter, compared to analysts’ expectations of $5.44 billion. During the same quarter last year, the business earned $0.39 earnings per share. The business’s quarterly revenue was up 10.0% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities analysts predict that Exelon will post 2.86 EPS for the current year.

Exelon Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, September 4th were given a $0.42 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $1.68 annualized dividend and a yield of 4.0%. Exelon’s dividend payout ratio is 61.54%.

Institutional Investors Weigh In On Exelon

Institutional investors have recently modified their holdings of the business. Grandview Asset Management LLC acquired a new stake in shares of Exelon during the 3rd quarter worth about $348,000. Investment Research Partners LLC grew its holdings in shares of Exelon by 16.6% during the third quarter. Investment Research Partners LLC now owns 21,805 shares of the company’s stock worth $881,000 after buying an additional 3,100 shares in the last quarter. IFP Advisors Inc grew its holdings in shares of Exelon by 21.3% during the third quarter. IFP Advisors Inc now owns 5,804 shares of the company’s stock worth $234,000 after buying an additional 1,018 shares in the last quarter. Avail Investment Partners LLC raised its position in shares of Exelon by 21.3% in the third quarter. Avail Investment Partners LLC now owns 10,087 shares of the company’s stock valued at $408,000 after buying an additional 1,771 shares during the last quarter. Finally, Mosley Wealth Management raised its position in shares of Exelon by 55.9% in the third quarter. Mosley Wealth Management now owns 812 shares of the company’s stock valued at $34,000 after buying an additional 291 shares during the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Company Profile

Exelon Corporation (NASDAQ:EXC) is a regulated utility holding company that delivers electricity and natural gas to residential, commercial and industrial customers. The company operates through six utility subsidiaries: Atlantic City Electric, Baltimore Gas and Electric, Commonwealth Edison, Delmarva Power, PECO and Pepco. Its businesses focus primarily on the transmission, distribution and delivery of energy rather than owning competitive power-generation operations.

Exelon’s utilities serve customers across Illinois, Pennsylvania, Maryland, Delaware, New Jersey and the District of Columbia.