Exelon Now Covered by Tigress Financial (EXC)
Other equities research analysts have also recently issued reports about the stock. Analysts at SunTrust reiterated a “neutral” rating on shares of Exelon in a research note on Monday. They now have a $32.00 price target on the stock, up previously from $31.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Exelon in a research note on Friday, August 1st. They now have a $33.00 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Exelon in a research note on Friday, August 1st. They now have a $36.00 price target on the stock. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $32.19.
Shares of Exelon (NYSE:EXC) traded up 0.48% on Friday, hitting $31.71. 1,191,219 shares of the company’s stock traded hands. Exelon has a 52 week low of $26.45 and a 52 week high of $37.73. The stock has a 50-day moving average of $33.54 and a 200-day moving average of $33.15. The company has a market cap of $27.245 billion and a P/E ratio of 14.76.
Exelon (NYSE:EXC) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.51 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.51. The company had revenue of $6.02 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter last year, the company posted $0.53 earnings per share. Exelon’s revenue was down 1.9% compared to the same quarter last year. On average, analysts predict that Exelon will post $2.40 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, September 10th. Investors of record on Friday, August 15th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date of this dividend is Wednesday, August 13th.
Exelon Corporation (NYSE:EXC) is an energy provider and holding company for several energy businesses.
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