Scotiabank Has Bullish Forecast for Exelon FY2027 Earnings

Exelon Corporation (NASDAQ:EXC) – Investment analysts at Scotiabank raised their FY2027 earnings per share (EPS) estimates for shares of Exelon in a research report issued to clients and investors on Thursday, February 19th. Scotiabank analyst A. Weisel now anticipates that the company will post earnings per share of $3.04 for the year, up from their previous estimate of $3.03. Scotiabank currently has a “Sector Perform” rating and a $47.00 price target on the stock. The consensus estimate for Exelon’s current full-year earnings is $2.64 per share.

Several other analysts also recently weighed in on the company. UBS Group raised their target price on Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a research note on Friday. Mizuho raised their price objective on Exelon from $47.00 to $51.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. JPMorgan Chase & Co. cut their target price on Exelon from $50.00 to $47.00 and set a “neutral” rating on the stock in a research report on Friday, December 12th. Barclays reduced their target price on Exelon from $52.00 to $50.00 and set an “overweight” rating for the company in a research note on Thursday, January 22nd. Finally, Wall Street Zen cut shares of Exelon from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Eight equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $50.14.

Exelon Stock Performance

Exelon stock opened at $47.79 on Friday. Exelon has a 12-month low of $41.71 and a 12-month high of $49.11. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.92 and a quick ratio of 0.84. The company has a market capitalization of $48.88 billion, a price-to-earnings ratio of 17.51, a price-to-earnings-growth ratio of 2.79 and a beta of 0.45. The firm’s fifty day moving average price is $44.54 and its 200 day moving average price is $44.98.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data on Thursday, February 12th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.04. Exelon had a net margin of 11.41% and a return on equity of 9.97%. During the same period in the prior year, the business earned $0.64 earnings per share. Exelon’s quarterly revenue was down 1.1% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS.

Institutional Investors Weigh In On Exelon

A number of institutional investors have recently modified their holdings of EXC. Caxton Associates LLP bought a new position in Exelon in the first quarter worth about $286,000. Woodline Partners LP raised its position in shares of Exelon by 40.7% during the 1st quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock worth $3,913,000 after purchasing an additional 24,580 shares during the period. DekaBank Deutsche Girozentrale lifted its holdings in shares of Exelon by 0.4% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 272,620 shares of the company’s stock worth $11,662,000 after purchasing an additional 1,049 shares during the last quarter. Cullen Frost Bankers Inc. boosted its position in Exelon by 75.0% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 1,216 shares of the company’s stock valued at $53,000 after purchasing an additional 521 shares during the period. Finally, D.A. Davidson & CO. boosted its position in Exelon by 1.1% during the 2nd quarter. D.A. Davidson & CO. now owns 26,276 shares of the company’s stock valued at $1,141,000 after purchasing an additional 293 shares during the period. Institutional investors own 80.92% of the company’s stock.

Exelon Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Monday, March 2nd will be given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Monday, March 2nd. This is an increase from Exelon’s previous quarterly dividend of $0.40. Exelon’s payout ratio is 58.61%.

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.