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

Exelon Corporation (NASDAQ:EXC) has been assigned a consensus rating of “Hold” from the eighteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $50.2667.

A number of equities analysts have issued reports on EXC shares. Truist Financial reduced their price target on shares of Exelon from $50.00 to $49.00 and set a “hold” rating for the company in a research report on Friday, May 29th. Wells Fargo & Company set a $50.00 price objective on shares of Exelon in a report on Tuesday, April 21st. Weiss Ratings upgraded shares of Exelon from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 1st. Mizuho set a $48.00 target price on shares of Exelon and gave the stock a “neutral” rating in a report on Friday, April 17th. Finally, Jefferies Financial Group lowered Exelon from a “buy” rating to a “hold” rating and reduced their price objective for the company from $55.00 to $50.00 in a research note on Monday, April 20th.

Hedge Funds Weigh In On Exelon

Institutional investors have recently made changes to their positions in the company. Optima Capital LLC acquired a new stake in Exelon during the fourth quarter valued at $25,000. Motiv8 Investments LLC acquired a new position in shares of Exelon in the fourth quarter worth about $25,000. Beacon Financial Strategies CORP acquired a new position in shares of Exelon in the fourth quarter worth about $26,000. Leonteq Securities AG purchased a new stake in shares of Exelon during the 4th quarter worth about $26,000. Finally, Bell Investment Advisors Inc boosted its stake in shares of Exelon by 113.4% during the 1st quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock worth $26,000 after acquiring an additional 287 shares in the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Stock Down 0.6%

Shares of EXC stock opened at $47.28 on Thursday. Exelon has a fifty-two week low of $42.47 and a fifty-two week high of $50.65. The firm has a market capitalization of $48.38 billion, a PE ratio of 17.32, a P/E/G ratio of 2.76 and a beta of 0.31. 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’s 50-day simple moving average is $45.79 and its 200-day simple moving average is $46.25.

Exelon (NASDAQ:EXC) last released its earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.03. The firm had revenue of $7.24 billion during the quarter, compared to the consensus estimate of $6.93 billion. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The company’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.92 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities analysts expect that Exelon will post 2.86 earnings per share for the current year.

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Thursday, June 4th were paid a dividend of $0.42 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.6%. Exelon’s dividend payout ratio (DPR) is presently 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.