Scotiabank Has Positive Estimate for Exelon FY2025 Earnings

Exelon Co. (NASDAQ:EXC) – Stock analysts at Scotiabank raised their FY2025 earnings per share estimates for shares of Exelon in a research note issued to investors on Wednesday, March 19th. Scotiabank analyst A. Weisel now forecasts that the company will post earnings of $2.71 per share for the year, up from their prior forecast of $2.62. Scotiabank has a “Sector Perform” rating and a $44.00 price target on the stock. The consensus estimate for Exelon’s current full-year earnings is $2.64 per share. Scotiabank also issued estimates for Exelon’s FY2026 earnings at $2.85 EPS.

A number of other research analysts have also recently weighed in on the company. Morgan Stanley lifted their price objective on Exelon from $46.00 to $48.00 and gave the company an “equal weight” rating in a research report on Thursday. UBS Group raised their price objective on shares of Exelon from $45.00 to $47.00 and gave the company a “neutral” rating in a research report on Friday. Guggenheim raised shares of Exelon from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. Barclays increased their price target on Exelon from $42.00 to $48.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 25th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Exelon in a research report on Tuesday, February 4th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $45.13.

Exelon Price Performance

EXC stock opened at $43.80 on Friday. Exelon has a 1 year low of $34.01 and a 1 year high of $45.20. The firm has a 50-day moving average of $41.97 and a 200 day moving average of $39.95. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78. The company has a market cap of $44.03 billion, a P/E ratio of 17.88, a PEG ratio of 2.86 and a beta of 0.51.

Exelon (NASDAQ:EXC) last announced its quarterly earnings results on Wednesday, February 12th. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.05. Exelon had a return on equity of 9.52% and a net margin of 10.68%. During the same period last year, the business earned $0.60 earnings per share.

Institutional Investors Weigh In On Exelon

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ameriflex Group Inc. purchased a new stake in Exelon during the 4th quarter valued at $25,000. Millstone Evans Group LLC bought a new stake in shares of Exelon in the 4th quarter worth about $28,000. Stephens Consulting LLC lifted its holdings in shares of Exelon by 78.1% in the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock worth $29,000 after acquiring an additional 343 shares during the last quarter. Brown Lisle Cummings Inc. purchased a new stake in Exelon in the 4th quarter worth about $30,000. Finally, Crews Bank & Trust bought a new stake in Exelon in the fourth quarter worth about $34,000. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Exelon

In related news, EVP Colette D. Honorable sold 1,463 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $40.57, for a total value of $59,353.91. Following the completion of the transaction, the executive vice president now owns 2,271 shares of the company’s stock, valued at approximately $92,134.47. This trade represents a 39.18 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.10% of the company’s stock.

Exelon Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, February 24th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, February 24th. This is a positive change from Exelon’s previous quarterly dividend of $0.38. This represents a $1.60 dividend on an annualized basis and a yield of 3.65%. Exelon’s dividend payout ratio is presently 65.31%.

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.