Exelon Corporation (NASDAQ:EXC) Receives Average Recommendation of "Hold" from Brokerages

Key Points

• Exelon has a consensus “Hold” rating among 18 brokerages, with 13 holds, four buys and one sell. The average 12-month price target is approximately $49.87.
• Recent analyst actions were mixed but generally cautious: Truist Financial cut its price target to $48, while Morgan Stanley lowered its target to $50 and maintained an “equal weight” rating.
• Exelon reported quarterly revenue of $5.97 billion, ahead of estimates, but EPS of $0.43 narrowly missed expectations. The company also pays a quarterly dividend of $0.42 per share, representing a 4.0% annualized yield.

Exelon Corporation (NASDAQ:EXC - Get Free Report) has earned a consensus rating of "Hold" from the eighteen brokerages that are currently covering the stock, MarketBeat.com reports. One 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 twelve-month price target among brokerages that have issued ratings on the stock in the last year is $49.8667.

EXC has been the topic of several recent research reports. Weiss Ratings downgraded Exelon from a "buy (b)" rating to a "buy (b-)" rating in a report on Thursday, July 9th. Truist Financial lowered their price objective on Exelon from $50.00 to $48.00 and set a "hold" rating for the company in a research note on Thursday, August 13th. Finally, Morgan Stanley dropped their target price on Exelon from $53.00 to $50.00 and set an "equal weight" rating on the stock in a research report on Friday.

Institutional Trading of Exelon

Several hedge funds have recently bought and sold shares of EXC. Leonteq Securities AG acquired a new stake in shares of Exelon in the fourth quarter valued at approximately $26,000. Bell Investment Advisors Inc raised its holdings in shares of Exelon by 113.4% during the first quarter. Bell Investment Advisors Inc now owns 540 shares of the company's stock valued at $26,000 after buying an additional 287 shares during the last quarter. SHP Wealth Management acquired a new position in shares of Exelon during the fourth quarter worth approximately $26,000. Eastern Bank acquired a new position in shares of Exelon during the second quarter worth approximately $26,000. Finally, Axiom Investment Management LLC bought a new position in Exelon in the 1st quarter worth approximately $27,000. 80.92% of the stock is currently owned by institutional investors.

Exelon Price Performance

EXC opened at $41.98 on Tuesday. The firm has a market cap of $43.33 billion, a price-to-earnings ratio of 15.38, a price-to-earnings-growth ratio of 2.30 and a beta of 0.30. Exelon has a fifty-two week low of $41.84 and a fifty-two week high of $50.65. The company's 50-day moving average price is $44.87 and its 200 day moving average price is $46.19. The company has a quick ratio of 0.99, a current ratio of 1.09 and a debt-to-equity ratio of 1.71.

Exelon (NASDAQ:EXC - Get Free Report) last issued its earnings results 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). The business had revenue of $5.97 billion during the quarter, compared to the consensus estimate of $5.44 billion. Exelon had a return on equity of 9.81% and a net margin of 10.99%.The business's revenue was up 10.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.39 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, sell-side analysts expect that Exelon will post 2.86 earnings per share for the current year.

Exelon Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Friday, September 4th were given a dividend of $0.42 per share. The ex-dividend date was Friday, September 4th. This represents a $1.68 annualized dividend and a dividend yield of 4.0%. Exelon's dividend payout ratio is currently 61.54%.

Exelon Company Profile

Exelon Corporation NASDAQ: EXC is a regulated utility company that delivers electricity and natural gas to residential, commercial and industrial customers. Its operations are focused primarily on the transmission and distribution of energy, along with related customer, infrastructure and energy-efficiency services.

Exelon operates through six utility companies: Atlantic City Electric, Baltimore Gas and Electric, Commonwealth Edison, Delmarva Power, PECO and Pepco. Together, these utilities serve customers across Illinois, Maryland, Delaware, New Jersey, Pennsylvania and the District of Columbia.

The company was formed in 2000 through the merger of PECO Energy and Unicom, the parent company of Commonwealth Edison.

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