Seaport Res Ptn Equities Analysts Cut Earnings Estimates for Exelon Co. (NASDAQ:EXC)

Exelon Co. (NASDAQ:EXC - Free Report) - Investment analysts at Seaport Res Ptn cut their FY2026 earnings per share (EPS) estimates for shares of Exelon in a report issued on Wednesday, April 24th. Seaport Res Ptn analyst A. Storozynski now expects that the company will post earnings of $2.75 per share for the year, down from their prior estimate of $2.81. Seaport Res Ptn currently has a "Neutral" rating on the stock. The consensus estimate for Exelon's current full-year earnings is $2.41 per share.

Exelon (NASDAQ:EXC - Get Free Report) last released its quarterly earnings data on Wednesday, February 21st. The company reported $0.60 earnings per share for the quarter, topping analysts' consensus estimates of $0.58 by $0.02. The business had revenue of $5.37 billion for the quarter, compared to analysts' expectations of $3.87 billion. Exelon had a net margin of 10.72% and a return on equity of 9.40%. The company's revenue for the quarter was up 15.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.43 EPS.

Several other analysts have also recently commented on the company. Wells Fargo & Company lowered their target price on Exelon from $41.00 to $39.00 and set an "equal weight" rating on the stock in a research report on Thursday, February 22nd. TheStreet lowered shares of Exelon from a "b-" rating to a "c+" rating in a research report on Wednesday, February 7th. StockNews.com upgraded shares of Exelon from a "sell" rating to a "hold" rating in a research report on Monday, March 25th. Barclays upped their price target on shares of Exelon from $36.00 to $39.00 and gave the stock an "overweight" rating in a research note on Thursday, March 14th. Finally, UBS Group lowered shares of Exelon from a "buy" rating to a "neutral" rating and lowered their price objective for the company from $47.00 to $37.00 in a research note on Tuesday, January 2nd. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Exelon presently has a consensus rating of "Hold" and an average price target of $38.92.

Exelon Stock Performance

Shares of NASDAQ:EXC traded down $0.34 during trading hours on Friday, hitting $37.32. The stock had a trading volume of 5,439,450 shares, compared to its average volume of 6,593,545. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.73 and a current ratio of 0.81. The stock's fifty day simple moving average is $36.74 and its 200 day simple moving average is $37.10. The firm has a market capitalization of $37.30 billion, a price-to-earnings ratio of 16.02, a PEG ratio of 2.75 and a beta of 0.54. Exelon has a 1-year low of $33.35 and a 1-year high of $43.53.

Hedge Funds Weigh In On Exelon

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Heritage Wealth Advisors raised its stake in Exelon by 247.5% during the 4th quarter. Heritage Wealth Advisors now owns 695 shares of the company's stock valued at $25,000 after purchasing an additional 495 shares during the period. Register Financial Advisors LLC purchased a new stake in Exelon in the 1st quarter worth about $26,000. Antonetti Capital Management LLC boosted its position in Exelon by 98.8% during the 3rd quarter. Antonetti Capital Management LLC now owns 805 shares of the company's stock worth $30,000 after acquiring an additional 400 shares during the period. Addison Advisors LLC increased its holdings in shares of Exelon by 50.3% in the 3rd quarter. Addison Advisors LLC now owns 825 shares of the company's stock valued at $31,000 after purchasing an additional 276 shares during the period. Finally, Fortis Group Advisors LLC purchased a new stake in shares of Exelon in the third quarter worth approximately $31,000. Institutional investors and hedge funds own 80.92% of the company's stock.

Exelon Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Monday, March 4th were paid a dividend of $0.38 per share. The ex-dividend date of this dividend was Friday, March 1st. This is a positive change from Exelon's previous quarterly dividend of $0.36. This represents a $1.52 annualized dividend and a dividend yield of 4.07%. Exelon's dividend payout ratio (DPR) is currently 65.24%.

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.