Analysts Set Exelon Corporation (NASDAQ:EXC) Price Target at $47.20

Key Points

• Exelon Corporation has received a consensus recommendation of "Hold" from analysts, with one sell rating, five hold ratings, and four buy ratings.
• The average 1-year price target for Exelon stock among analysts is currently set at $47.20.
• Exelon recently announced a quarterly dividend of $0.40 per share, representing an annualized yield of 3.6% and a payout ratio of 60.84%.

Shares of Exelon Corporation (NASDAQ:EXC - Get Free Report) have been given an average rating of "Hold" by the ten analysts that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $47.20.

Several research firms recently commented on EXC. BMO Capital Markets raised their target price on Exelon from $46.00 to $50.00 and gave the company an "outperform" rating in a research report on Monday, April 28th. UBS Group restated a "neutral" rating and issued a $48.00 target price (up from $47.00) on shares of Exelon in a research report on Friday, July 11th. Morgan Stanley lowered their target price on Exelon from $49.00 to $48.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 22nd. Guggenheim raised their target price on Exelon from $47.00 to $50.00 and gave the company a "buy" rating in a research report on Friday, May 2nd. Finally, KeyCorp lowered their target price on Exelon from $39.00 to $37.00 and set an "underweight" rating on the stock in a research report on Wednesday, July 16th.

Hedge Funds Weigh In On Exelon

Hedge funds have recently modified their holdings of the company. Edgestream Partners L.P. increased its position in shares of Exelon by 354.9% during the 1st quarter. Edgestream Partners L.P. now owns 193,388 shares of the company's stock valued at $8,911,000 after purchasing an additional 150,876 shares during the period. Arizona State Retirement System increased its position in shares of Exelon by 3.6% during the 1st quarter. Arizona State Retirement System now owns 294,857 shares of the company's stock valued at $13,587,000 after purchasing an additional 10,176 shares during the period. Cerity Partners LLC increased its position in shares of Exelon by 14.9% during the 1st quarter. Cerity Partners LLC now owns 485,968 shares of the company's stock valued at $22,393,000 after purchasing an additional 63,009 shares during the period. Janney Montgomery Scott LLC acquired a new position in shares of Exelon during the 1st quarter valued at $6,795,000. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of Exelon by 141.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 269,101 shares of the company's stock valued at $12,400,000 after purchasing an additional 157,548 shares during the period. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Exelon Stock Performance

NASDAQ:EXC traded up $0.32 during midday trading on Monday, reaching $44.96. 3,729,983 shares of the company traded hands, compared to its average volume of 6,286,346. Exelon has a twelve month low of $35.94 and a twelve month high of $48.11. The firm has a market capitalization of $45.41 billion, a price-to-earnings ratio of 17.10, a price-to-earnings-growth ratio of 2.62 and a beta of 0.38. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.95 and a quick ratio of 0.85. The company has a fifty day moving average price of $43.77 and a 200 day moving average price of $44.10.

Exelon (NASDAQ:EXC - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.37 by $0.02. Exelon had a return on equity of 9.85% and a net margin of 11.16%.The business had revenue of $5.43 billion during the quarter, compared to analyst estimates of $5.47 billion. During the same quarter in the previous year, the firm posted $0.47 EPS. The business's revenue for the quarter was up 1.2% compared to the same quarter last year. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. On average, analysts expect that Exelon will post 2.64 EPS for the current fiscal year.

Exelon Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Monday, August 11th will be given a dividend of $0.40 per share. The ex-dividend date is Monday, August 11th. This represents a $1.60 annualized dividend and a dividend yield of 3.6%. Exelon's dividend payout ratio (DPR) is 60.84%.

About Exelon

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.