Analysts Set Exelon Corporation (NASDAQ:EXC) Price Target at $50.33

Shares of Exelon Corporation (NASDAQ:EXCGet Free Report) have been given a consensus rating of “Hold” by the eighteen analysts that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, thirteen have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $50.3333.

Several analysts have commented on the stock. TD Cowen decreased their price target on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, May 15th. BMO Capital Markets restated a “market perform” rating and set a $49.00 price objective (down from $52.00) on shares of Exelon in a research report on Friday, April 17th. Truist Financial lifted their target price on Exelon from $49.00 to $50.00 and gave the stock a “hold” rating in a report on Thursday, July 16th. Weiss Ratings downgraded Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Finally, Barclays downgraded Exelon from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $50.00 to $49.00 in a research report on Friday, April 17th.

Check Out Our Latest Stock Report on Exelon

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Caxton Associates LLP bought a new position in Exelon during the first quarter valued at $286,000. Woodline Partners LP increased its holdings in shares of Exelon by 40.7% in the 1st quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock worth $3,913,000 after buying an additional 24,580 shares during the last quarter. Jump Financial LLC bought a new stake in shares of Exelon in the 2nd quarter worth about $2,448,000. Gamco Investors INC. ET AL purchased a new stake in shares of Exelon during the 2nd quarter valued at about $645,000. Finally, Treasurer of the State of North Carolina raised its position in shares of Exelon by 3.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company’s stock valued at $20,502,000 after buying an additional 14,240 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors.

Exelon Stock Down 0.2%

NASDAQ EXC opened at $45.76 on Monday. Exelon has a 12 month low of $42.58 and a 12 month high of $50.65. The company has a current ratio of 1.09, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71. The stock has a market cap of $47.24 billion, a PE ratio of 16.76, a P/E/G ratio of 2.77 and a beta of 0.31. The stock’s 50 day moving average is $46.29 and its 200 day moving average is $46.66.

Exelon (NASDAQ:EXCGet Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). Exelon had a net margin of 10.99% and a return on equity of 9.81%. The company had revenue of $5.97 billion for the quarter, compared to analysts’ expectations of $5.44 billion. During the same period last year, the business earned $0.39 earnings per share. The company’s quarterly revenue was up 10.0% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Research analysts predict that Exelon will post 2.86 EPS for the current fiscal year.

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, September 4th will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Friday, September 4th. Exelon’s dividend payout ratio is 61.54%.

About Exelon

(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.

Further Reading

Analyst Recommendations for Exelon (NASDAQ:EXC)

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