Scotiabank Has Positive Forecast for Exelon FY2025 Earnings

Exelon Co. (NASDAQ:EXC) – Investment analysts at Scotiabank increased their FY2025 earnings estimates for shares of Exelon in a note issued to investors on Wednesday, March 19th. Scotiabank analyst A. Weisel now expects that the company will post earnings per share of $2.71 for the year, up from their previous forecast 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.

Several other equities analysts have also recently weighed in on EXC. Morgan Stanley raised their target price on shares of Exelon from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Thursday. UBS Group lifted their price objective on shares of Exelon from $45.00 to $47.00 and gave the stock a “neutral” rating in a research note on Friday. Barclays lifted their price objective on shares of Exelon from $42.00 to $48.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 25th. Evercore ISI raised shares of Exelon from an “in-line” rating to an “outperform” rating and lifted their price objective for the stock from $43.00 to $44.00 in a research note on Tuesday, January 21st. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Exelon in a research note on Tuesday, February 4th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.13.

Exelon Stock Performance

EXC opened at $43.80 on Friday. The stock has a market capitalization of $44.03 billion, a price-to-earnings ratio of 17.88, a PEG ratio of 2.86 and a beta of 0.51. The company has a fifty day moving average of $41.97 and a 200 day moving average of $39.96. Exelon has a fifty-two week low of $34.01 and a fifty-two week high of $45.20. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.78 and a current ratio of 0.87.

Exelon (NASDAQ:EXC) last announced 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 posted $0.60 EPS.

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 was Monday, February 24th. This is a boost from Exelon’s previous quarterly dividend of $0.38. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.65%. Exelon’s payout ratio is currently 65.31%.

Insider Buying and Selling

In related news, EVP Colette D. Honorable sold 1,463 shares of Exelon stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $40.57, for a total transaction of $59,353.91. Following the completion of the sale, the executive vice president now owns 2,271 shares in the company, valued at $92,134.47. This trade represents a 39.18 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Exelon

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