Zacks Research Issues Negative Forecast for Exelon Earnings

Exelon Co. (NASDAQ:EXC) – Zacks Research cut their Q3 2026 earnings per share (EPS) estimates for shares of Exelon in a report issued on Tuesday, December 3rd. Zacks Research analyst R. Department now forecasts that the company will post earnings of $0.80 per share for the quarter, down from their prior estimate of $0.82. The consensus estimate for Exelon’s current full-year earnings is $2.45 per share. Zacks Research also issued estimates for Exelon’s FY2026 earnings at $2.75 EPS.

Exelon (NASDAQ:EXC) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.04. Exelon had a net margin of 10.60% and a return on equity of 9.47%. The firm had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $5.85 billion. During the same quarter in the previous year, the company earned $0.67 EPS. The company’s revenue for the quarter was up 2.9% on a year-over-year basis.

Several other analysts have also weighed in on the stock. Barclays lifted their price objective on shares of Exelon from $41.00 to $44.00 and gave the company an “overweight” rating in a research note on Tuesday, October 15th. Jefferies Financial Group started coverage on shares of Exelon in a report on Thursday, September 19th. They set a “buy” rating and a $46.00 price objective on the stock. UBS Group raised their target price on Exelon from $40.00 to $43.00 and gave the company a “neutral” rating in a research note on Friday, September 20th. Scotiabank upped their price target on Exelon from $37.00 to $40.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 20th. Finally, Morgan Stanley cut their price target on Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a report on Friday, November 22nd. Eleven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Exelon presently has an average rating of “Hold” and a consensus price target of $41.25.

Exelon Stock Performance

Shares of EXC opened at $37.98 on Thursday. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.66. The firm’s fifty day simple moving average is $39.43 and its two-hundred day simple moving average is $37.87. Exelon has a 12 month low of $33.35 and a 12 month high of $41.42. The stock has a market capitalization of $38.16 billion, a P/E ratio of 15.63, a price-to-earnings-growth ratio of 2.72 and a beta of 0.54.

Exelon Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Monday, November 11th will be issued a $0.38 dividend. The ex-dividend date is Friday, November 8th. This represents a $1.52 annualized dividend and a dividend yield of 4.00%. Exelon’s dividend payout ratio is currently 62.55%.

Hedge Funds Weigh In On Exelon

Hedge funds have recently modified their holdings of the company. Synovus Financial Corp increased its holdings in Exelon by 70.5% during the third quarter. Synovus Financial Corp now owns 18,649 shares of the company’s stock worth $756,000 after buying an additional 7,713 shares during the last quarter. Tidal Investments LLC grew its position in shares of Exelon by 6.5% during the 3rd quarter. Tidal Investments LLC now owns 44,458 shares of the company’s stock valued at $1,803,000 after acquiring an additional 2,718 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in shares of Exelon during the 3rd quarter worth approximately $376,000. Sanctuary Advisors LLC raised its holdings in shares of Exelon by 24.3% in the 3rd quarter. Sanctuary Advisors LLC now owns 40,438 shares of the company’s stock worth $1,565,000 after purchasing an additional 7,894 shares during the period. Finally, Te Ahumairangi Investment Management Ltd grew its holdings in Exelon by 3.1% during the third quarter. Te Ahumairangi Investment Management Ltd now owns 85,600 shares of the company’s stock valued at $3,451,000 after purchasing an additional 2,600 shares during the period. Institutional investors own 80.92% of the company’s stock.

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.