Exelon Corporation (EXC) to Issue Quarterly Dividend of $0.42 on June 15th

Exelon Corporation (NASDAQ:EXC) declared a quarterly dividend on Tuesday, April 28th. Stockholders of record on Thursday, June 4th will be given a dividend of 0.42 per share on Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Thursday, June 4th.

Exelon has increased its dividend by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 3 years. Exelon has a payout ratio of 59.6% meaning its dividend is sufficiently covered by earnings. Analysts expect Exelon to earn $3.05 per share next year, which means the company should continue to be able to cover its $1.68 annual dividend with an expected future payout ratio of 55.1%.

Exelon Trading Down 2.0%

EXC opened at $44.71 on Tuesday. The firm has a market cap of $45.75 billion, a price-to-earnings ratio of 16.38, a PEG ratio of 2.64 and a beta of 0.32. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. Exelon has a 12 month low of $42.11 and a 12 month high of $50.65. The stock has a fifty day moving average price of $46.69 and a 200-day moving average price of $46.02.

Exelon (NASDAQ:EXC) last announced its earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.03. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The company had revenue of $7.24 billion for the quarter, compared to analyst estimates of $6.93 billion. During the same period in the prior year, the company posted $0.92 EPS. The firm’s quarterly revenue was up 7.9% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, equities research analysts anticipate that Exelon will post 2.86 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on EXC shares. UBS Group upped their target price on Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Wall Street Zen raised Exelon from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. Mizuho set a $48.00 target price on Exelon and gave the company a “neutral” rating in a research report on Friday, April 17th. TD Cowen reduced their target price on Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. Finally, Weiss Ratings raised Exelon from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Four research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $50.27.

Exelon Company Profile

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.