Exelon Corporation (NASDAQ:EXC) Given Consensus Rating of “Hold” by Brokerages

Shares of Exelon Corporation (NASDAQ:EXC) have received a consensus rating of “Hold” from the fourteen analysts that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation, six have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $49.75.

Several brokerages have recently issued reports on EXC. UBS Group lowered their price objective on shares of Exelon from $49.00 to $48.00 and set a “neutral” rating on the stock in a research note on Wednesday. JPMorgan Chase & Co. dropped their price objective on shares of Exelon from $50.00 to $47.00 and set a “neutral” rating on the stock in a report on Friday, December 12th. KeyCorp set a $39.00 target price on Exelon in a research report on Friday, December 12th. Jefferies Financial Group set a $57.00 price target on Exelon in a research note on Wednesday, October 15th. Finally, BTIG Research initiated coverage on Exelon in a report on Tuesday, October 21st. They set a “neutral” rating on the stock.

Exelon Trading Down 1.4%

Shares of NASDAQ:EXC opened at $43.66 on Friday. Exelon has a 52-week low of $36.55 and a 52-week high of $48.51. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.85 and a current ratio of 0.94. The company has a market cap of $44.11 billion, a P/E ratio of 15.65, a P/E/G ratio of 2.68 and a beta of 0.45. The stock’s 50-day moving average is $45.88 and its 200-day moving average is $44.57.

Exelon (NASDAQ:EXC) last announced its earnings results on Tuesday, November 4th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.17. The firm had revenue of $6.71 billion during the quarter, compared to the consensus estimate of $6.40 billion. Exelon had a return on equity of 10.28% and a net margin of 11.60%.Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Equities research analysts predict that Exelon will post 2.64 earnings per share for the current year.

Exelon Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, November 10th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Monday, November 10th. Exelon’s payout ratio is 57.35%.

Institutional Investors Weigh In On Exelon

A number of institutional investors have recently added to or reduced their stakes in the stock. Sowell Financial Services LLC boosted its stake in Exelon by 1.1% in the 3rd quarter. Sowell Financial Services LLC now owns 20,499 shares of the company’s stock valued at $923,000 after buying an additional 215 shares in the last quarter. Manchester Capital Management LLC lifted its holdings in Exelon by 11.6% during the 2nd quarter. Manchester Capital Management LLC now owns 2,164 shares of the company’s stock valued at $94,000 after purchasing an additional 225 shares during the last quarter. Empirical Finance LLC boosted its position in Exelon by 0.7% in the second quarter. Empirical Finance LLC now owns 34,812 shares of the company’s stock valued at $1,512,000 after buying an additional 226 shares in the last quarter. Boyd Watterson Asset Management LLC OH boosted its holdings in shares of Exelon by 4.8% in the 2nd quarter. Boyd Watterson Asset Management LLC OH now owns 5,030 shares of the company’s stock worth $218,000 after acquiring an additional 229 shares in the last quarter. Finally, Focus Partners Wealth grew its position in Exelon by 0.6% during the 1st quarter. Focus Partners Wealth now owns 39,831 shares of the company’s stock worth $1,836,000 after acquiring an additional 234 shares during the last quarter. 80.92% of the stock is owned by institutional investors and hedge funds.

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.