FY2025 EPS Estimates for Exelon Lifted by Seaport Res Ptn

Key Points

• Seaport Res Ptn has raised its FY2025 earnings forecast for Exelon to $2.69 per share, an increase from the previous estimate of $2.63.
• Exelon recently reported earnings of $0.92 per share, exceeding analysts' expectations of $0.86, with revenue for the quarter reaching $6.71 billion.
• The company declared a quarterly dividend of $0.40 per share, reflecting a 3.62% yield and a payout ratio of 59.48%.

Exelon Corporation (NASDAQ:EXC - Free Report) - Seaport Res Ptn boosted their FY2025 earnings per share estimates for Exelon in a note issued to investors on Monday, July 28th. Seaport Res Ptn analyst A. Storozynski now expects that the company will earn $2.69 per share for the year, up from their previous estimate of $2.63. The consensus estimate for Exelon's current full-year earnings is $2.64 per share.

Exelon (NASDAQ:EXC - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.39 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.02. Exelon had a net margin of 11.16% and a return on equity of 9.85%. The company had revenue of $5.43 billion for the quarter, compared to analyst estimates of $5.47 billion. During the same period in the prior year, the firm posted $0.47 EPS. The company's quarterly revenue was up 1.2% on a year-over-year basis.

A number of other brokerages have also recently commented on EXC. KeyCorp cut their price target on shares of Exelon from $39.00 to $37.00 and set an "underweight" rating for the company in a research report on Wednesday, July 16th. BMO Capital Markets raised their price target on Exelon from $46.00 to $50.00 and gave the stock an "outperform" rating in a research report on Monday, April 28th. Morgan Stanley lowered their price objective on Exelon from $49.00 to $48.00 and set an "equal weight" rating for the company in a research report on Thursday, May 22nd. Guggenheim lifted their target price on shares of Exelon from $47.00 to $50.00 and gave the stock a "buy" rating in a research note on Friday, May 2nd. Finally, Wells Fargo & Company increased their target price on shares of Exelon from $46.00 to $50.00 and gave the stock an "equal weight" rating in a report on Friday, May 2nd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $47.20.

Exelon Stock Down 0.6%

Exelon stock traded down $0.27 during mid-day trading on Thursday, reaching $44.67. The stock had a trading volume of 9,211,262 shares, compared to its average volume of 5,201,512. The stock's 50-day simple moving average is $43.29 and its 200-day simple moving average is $43.56. Exelon has a fifty-two week low of $35.94 and a fifty-two week high of $48.11. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.98 and a current ratio of 0.95. The firm has a market capitalization of $45.10 billion, a PE ratio of 16.98, a price-to-earnings-growth ratio of 2.63 and a beta of 0.38.

Exelon Announces Dividend

The business also recently announced 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 of this dividend is Monday, August 11th. This represents a $1.60 annualized dividend and a dividend yield of 3.6%. Exelon's payout ratio is currently 59.48%.

Institutional Trading of Exelon

Several institutional investors and hedge funds have recently modified their holdings of EXC. Ameriflex Group Inc. purchased a new position in Exelon during the fourth quarter valued at approximately $25,000. Hager Investment Management Services LLC raised its position in shares of Exelon by 100.0% in the 2nd quarter. Hager Investment Management Services LLC now owns 670 shares of the company's stock worth $29,000 after acquiring an additional 335 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its stake in shares of Exelon by 46.4% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 694 shares of the company's stock worth $32,000 after purchasing an additional 220 shares during the last quarter. ANTIPODES PARTNERS Ltd bought a new stake in Exelon during the first quarter valued at about $34,000. Finally, Investment Research & Advisory Group Inc. purchased a new position in Exelon in the second quarter valued at about $39,000. Institutional investors own 80.92% of the company's stock.

Exelon Company Profile

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.