Zacks Research Has Negative Forecast for Exelon Q3 Earnings

Exelon Co. (NASDAQ:EXCFree Report) – Zacks Research dropped their Q3 2026 earnings per share estimates for Exelon in a research report issued to clients and investors on Tuesday, December 3rd. Zacks Research analyst R. Department now anticipates that the company will post earnings of $0.80 per share for the quarter, down from their previous 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:EXCGet Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.04. Exelon had a return on equity of 9.47% and a net margin of 10.60%. The business had revenue of $6.15 billion for the quarter, compared to analysts’ expectations of $5.85 billion. During the same quarter in the previous year, the firm earned $0.67 earnings per share. The business’s revenue was up 2.9% on a year-over-year basis.

A number of other brokerages have also recently commented on EXC. Barclays upped their price target on Exelon from $41.00 to $44.00 and gave the company an “overweight” rating in a research report on Tuesday, October 15th. Jefferies Financial Group assumed coverage on Exelon in a research report on Thursday, September 19th. They set a “buy” rating and a $46.00 price target on the stock. Scotiabank upped their price target on Exelon from $37.00 to $40.00 and gave the company a “sector perform” rating in a research report on Tuesday, August 20th. UBS Group upped their price target on Exelon from $40.00 to $43.00 and gave the company a “neutral” rating in a research report on Friday, September 20th. Finally, Morgan Stanley dropped their price target on Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a research report on Friday, November 22nd. Eleven equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, Exelon presently has a consensus rating of “Hold” and a consensus target price of $41.25.

Check Out Our Latest Stock Report on Exelon

Exelon Stock Down 0.3 %

Shares of NASDAQ EXC opened at $37.85 on Thursday. Exelon has a one year low of $33.35 and a one year high of $41.42. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.09 and a quick ratio of 0.97. The business’s fifty day moving average price is $39.43 and its 200-day moving average price is $37.87. The stock has a market capitalization of $38.03 billion, a PE ratio of 15.56, a P/E/G ratio of 2.72 and a beta of 0.54.

Hedge Funds Weigh In On Exelon

A number of hedge funds and other institutional investors have recently bought and sold shares of EXC. American National Bank & Trust boosted its holdings in shares of Exelon by 178.8% in the 3rd quarter. American National Bank & Trust now owns 697 shares of the company’s stock worth $28,000 after purchasing an additional 447 shares in the last quarter. Ashton Thomas Securities LLC bought a new stake in Exelon in the 3rd quarter worth approximately $32,000. J.Safra Asset Management Corp bought a new stake in Exelon in the 2nd quarter worth approximately $28,000. Abound Wealth Management lifted its position in Exelon by 502.7% in the 2nd quarter. Abound Wealth Management now owns 892 shares of the company’s stock worth $31,000 after buying an additional 744 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new stake in Exelon in the 2nd quarter worth approximately $41,000. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Monday, November 11th will be issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 4.02%. The ex-dividend date is Friday, November 8th. Exelon’s payout ratio is 62.55%.

Exelon Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Exelon (NASDAQ:EXC)

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