Exelon Corporation (NASDAQ:EXC) Receives Average Rating of “Hold” from Brokerages

Shares of Exelon Corporation (NASDAQ:EXC) have been assigned an average recommendation of “Hold” from the eighteen analysts that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $50.2667.

Several research firms have issued reports on EXC. Wall Street Zen upgraded shares of Exelon from a “sell” rating to a “hold” rating in a research note on Sunday, February 22nd. JPMorgan Chase & Co. upped their target price on shares of Exelon from $48.00 to $53.00 and gave the company a “neutral” rating in a research note on Thursday, March 12th. Truist Financial lowered their target price on shares of Exelon from $50.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, May 29th. Citigroup initiated coverage on shares of Exelon in a research note on Thursday, March 26th. They set a “buy” rating and a $58.00 target price on the stock. Finally, Barclays lowered shares of Exelon from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $50.00 to $49.00 in a research report on Friday, April 17th.

Hedge Funds Weigh In On Exelon

Several institutional investors have recently made changes to their positions in EXC. Optima Capital LLC bought a new position in shares of Exelon in the 4th quarter worth approximately $25,000. Motiv8 Investments LLC bought a new position in shares of Exelon in the 4th quarter worth approximately $25,000. Beacon Financial Strategies CORP bought a new position in shares of Exelon in the 4th quarter worth approximately $26,000. Leonteq Securities AG bought a new position in shares of Exelon in the 4th quarter worth approximately $26,000. Finally, Bell Investment Advisors Inc lifted its stake in shares of Exelon by 113.4% in the 1st quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock worth $26,000 after purchasing an additional 287 shares during the period. Institutional investors own 80.92% of the company’s stock.

Exelon Price Performance

EXC opened at $45.81 on Friday. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 0.94. The stock has a market capitalization of $46.87 billion, a P/E ratio of 16.78, a P/E/G ratio of 2.65 and a beta of 0.31. The company’s 50-day simple moving average is $45.88 and its two-hundred day simple moving average is $45.96. Exelon has a 52-week low of $42.23 and a 52-week high of $50.65.

Exelon (NASDAQ:EXC) last posted 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. The business had revenue of $7.24 billion for the quarter, compared to analysts’ expectations of $6.93 billion. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, 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 Monday, June 15th. Stockholders of record on Thursday, June 4th were paid a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Thursday, June 4th. Exelon’s dividend payout ratio is 61.54%.

About Exelon

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.