Exelon (NASDAQ:EXC) Reaches New 1-Year Low - Here's Why

Key Points

• Exelon shares hit a new 52-week low, falling to $42.25 during Tuesday trading, below the 50-day and 200-day moving averages of $45.35 and $46.43.
• Analyst sentiment is mostly neutral: Exelon has an average “Hold” rating, with 13 Holds, four Buys and one Sell. Recent price-target cuts reduced the consensus target to $50.07.
• The company narrowly missed quarterly EPS estimates ($0.43 versus $0.44) but exceeded revenue expectations with $5.97 billion, while revenue grew 10% year over year. Exelon also declared a quarterly dividend of $0.42 per share, yielding approximately 4.0% annually.

Shares of Exelon Corporation (NASDAQ:EXC - Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $42.25 and last traded at $42.4320, with a volume of 384835 shares changing hands. The stock had previously closed at $42.72.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Morgan Stanley decreased their price objective on Exelon from $55.00 to $53.00 and set an "equal weight" rating for the company in a research note on Friday, August 21st. Weiss Ratings lowered shares of Exelon from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, July 9th. Finally, Truist Financial reduced their target price on shares of Exelon from $50.00 to $48.00 and set a "hold" rating on the stock in a report on Thursday, August 13th. Four investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Exelon currently has an average rating of "Hold" and a consensus price target of $50.07.

Exelon Price Performance

The stock has a fifty day simple moving average of $45.35 and a 200-day simple moving average of $46.43. The company has a market capitalization of $43.84 billion, a PE ratio of 15.60, a P/E/G ratio of 2.36 and a beta of 0.30. The company has a current ratio of 1.09, a quick ratio of 0.99 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 for the quarter, missing the consensus estimate of $0.44 by ($0.01). The business had revenue of $5.97 billion for the quarter, compared to analyst estimates of $5.44 billion. Exelon had a return on equity of 9.81% and a net margin of 10.99%.Exelon's revenue was up 10.0% on a year-over-year basis. During the same period last year, the business posted $0.39 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities analysts anticipate that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, September 4th will be paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 4.0%. The ex-dividend date is Friday, September 4th. Exelon's dividend payout ratio (DPR) is currently 61.54%.

Institutional Trading of Exelon

Several institutional investors and hedge funds have recently made changes to their positions in EXC. Leonteq Securities AG purchased a new stake in Exelon in the fourth quarter valued at approximately $26,000. SHP Wealth Management purchased a new position in Exelon during the fourth quarter worth approximately $26,000. Bell Investment Advisors Inc raised its stake in Exelon by 113.4% during the first quarter. Bell Investment Advisors Inc now owns 540 shares of the company's stock worth $26,000 after purchasing an additional 287 shares during the period. Eastern Bank acquired a new position in shares of Exelon in the 2nd quarter valued at $26,000. Finally, Axiom Investment Management LLC acquired a new position in shares of Exelon in the 1st quarter valued at $27,000. 80.92% of the stock is owned by hedge funds and other institutional investors.

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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