Scotiabank Has Positive Forecast for Exelon FY2025 Earnings

Exelon Co. (NASDAQ:EXC) – Scotiabank raised their FY2025 earnings estimates for Exelon in a report released on Wednesday, March 19th. Scotiabank analyst A. Weisel now expects that the company will earn $2.71 per share for the year, up from their previous estimate of $2.62. Scotiabank currently has a “Sector Perform” rating and a $44.00 target price 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.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data on Wednesday, February 12th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.59 by $0.05. Exelon had a net margin of 10.68% and a return on equity of 9.52%. During the same quarter in the prior year, the business earned $0.60 earnings per share.

A number of other equities analysts also recently issued reports on EXC. UBS Group increased their price target on shares of Exelon from $45.00 to $47.00 and gave the stock a “neutral” rating in a research note on Friday. BMO Capital Markets restated an “outperform” rating on shares of Exelon in a report on Tuesday, February 4th. Evercore ISI upgraded shares of Exelon from an “in-line” rating to an “outperform” rating and upped their price objective for the stock from $43.00 to $44.00 in a report on Tuesday, January 21st. Morgan Stanley upped their price objective on shares of Exelon from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Thursday. Finally, Guggenheim upgraded shares of Exelon from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price 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 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. The firm has a 50-day moving average of $41.97 and a 200 day moving average of $39.96. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78.

Exelon Increases Dividend

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

Insider Activity at Exelon

In related news, EVP Colette D. Honorable sold 1,463 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $40.57, for a total transaction of $59,353.91. Following the transaction, the executive vice president now owns 2,271 shares in the company, valued at $92,134.47. This represents a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Czech National Bank raised its position in Exelon by 7.0% in the fourth quarter. Czech National Bank now owns 217,868 shares of the company’s stock worth $8,201,000 after acquiring an additional 14,158 shares during the period. Robeco Institutional Asset Management B.V. raised its position in Exelon by 20.8% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,624,805 shares of the company’s stock worth $61,158,000 after acquiring an additional 279,827 shares during the period. HITE Hedge Asset Management LLC raised its position in Exelon by 431.3% in the third quarter. HITE Hedge Asset Management LLC now owns 395,840 shares of the company’s stock worth $16,051,000 after acquiring an additional 321,333 shares during the period. Charles Schwab Investment Management Inc. raised its position in Exelon by 2.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 6,446,408 shares of the company’s stock worth $261,402,000 after acquiring an additional 123,466 shares during the period. Finally, State Street Corp raised its position in Exelon by 3.7% in the third quarter. State Street Corp now owns 60,169,219 shares of the company’s stock worth $2,439,862,000 after acquiring an additional 2,156,259 shares during the period. 80.92% of the stock is currently owned by institutional investors.

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.