The price of Exelon Corporation (NASDAQ:EXC) shares last traded on Wall Street rose 2.93% to $38.58.
Based on available information, 18 analysts follow Exelon Corporation (NASDAQ:EXC). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $47.00 and a low of $39.00, we find $42.00. Given the previous closing price of $37.48, this indicates a potential upside of 12.06 percent. EXC stock price is now -1.33% away from the 50-day moving average and -11.93% away from the 200-day moving average. The market capitalization of the company currently stands at $37.25B.
Among analysts, 6 rate the stock a hold while 10 rate it a buy. Brokers who have rated the stock have averaged $43.20 as their price target over the next twelve months.
On October 03, 2022, Credit Suisse recently initiated its ‘Outperform’ rating on the stock quoting a target price of $43, while ‘JP Morgan’ rates the stock as ‘Overweight’.
In other news, Anthony John Tyler, CEO of Pepco Holdings LLC sold 4,451 shares of the company’s stock on May 18. The stock was sold for $211,378 at an average price of $47.49. Upon completion of the transaction, the CEO of Pepco Holdings LLC now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 01, SVP & Corporate Controller Souza Fabian sold 21,400 shares of the business’s stock. A total of $1,018,854 was realized by selling the stock at an average price of $47.61. This leaves the insider owning 2,337 shares of the company worth $90161.46. Insiders disposed of 378,949 shares of company stock worth roughly $14.62 million over the past 1 year. A total of 0.24% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in EXC stock. A new stake in Exelon Corporation shares was purchased by GREAT WEST LIFE ASSURANCE CO /CAN/ during the first quarter worth $127,782,000. POINT72 ASSET MANAGEMENT, L.P. invested $51,375,000 in shares of EXC during the first quarter. In the first quarter, JUPITER ASSET MANAGEMENT LTD acquired a new stake in Exelon Corporation valued at approximately $32,277,000. TWINBEECH CAPITAL LP acquired a new stake in EXC for approximately $29,430,000. SQUAREPOINT OPS LLC purchased a new stake in EXC valued at around $27,183,000 in the second quarter. In total, there are 1,395 active investors with 83.90% ownership of the company’s stock.
A candlestick chart of Exelon Corporation (NASDAQ: EXC) showed a price of $37.84 on Friday morning. During the past 12 months, Exelon Corporation has had a low of $35.19 and a high of $50.71. As of last week, the company has a debt-to-equity ratio of 1.57, a current ratio of 0.80, and a quick ratio of 0.70. The fifty day moving average price for EXC is $38.96 and a two-hundred day moving average price translates $43.78 for the stock.
The latest earnings results from Exelon Corporation (NASDAQ: EXC) was released for Jun, 2022. According to the Utilities – Diversified Company, earnings per share came in at $0.44, missing analysts’ expectations of $0.46 by -0.02. This compares to $1.23 EPS in the same period last year. The net profit margin was 8.90% and return on equity was 8.00% for EXC. The company reported revenue of $4.84 billion for the quarter, compared to $4.86 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.37 percent. For the current quarter, analysts expect EXC to generate $5.01B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 12/09/2022. Investors who held shares on 11/15/2022 were paid a $0.3375 dividend. On an annualized basis, this represents a $1.35 dividend and a 3.50% percent yield. There was an ex-dividend date of 11/14/2022 for this dividend. In terms of dividend payout ratio, EXC is presently at 64.40%.
Exelon Corporation(EXC) Company Profile
Exelon Corporation, a utility services holding company, engages in the energy generation, delivery, and marketing businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, biomass, and solar generating facilities. The company also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services. Additionally, it is involved in the purchase and regulated retail sale of electricity and natural gas; and transmission and distribution of electricity, and distribution of natural gas to retail customers. Further, the company offers support services, including legal, human resources, information technology, financial, supply management, accounting, engineering, customer operations, distribution and transmission planning, asset management, system operations, and power procurement services. It serves distribution utilities, municipalities, cooperatives, and financial institutions, as well as commercial, industrial, governmental, and residential customers. Exelon Corporation was incorporated in 1999 and is headquartered in Chicago, Illinois.