Exelon Corporation (NYSE:EXC) – Equities researchers at KeyCorp issued their Q4 2017 earnings estimates for Exelon Corporation in a note issued to investors on Monday. KeyCorp analyst P. Ridzon anticipates that the brokerage will earn $0.52 per share for the quarter. KeyCorp currently has a “Overweight” rating and a $41.00 target price on the stock.

A number of other brokerages have also recently weighed in on EXC. Zacks Investment Research raised Exelon Corporation from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a research report on Monday, January 9th. RBC Capital Markets set a $40.00 price target on Exelon Corporation and gave the stock a “buy” rating in a research report on Wednesday, January 4th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $39.50 price target (up previously from $37.00) on shares of Exelon Corporation in a research report on Friday, December 23rd. Credit Suisse Group assumed coverage on Exelon Corporation in a research report on Wednesday, January 25th. They issued an “outperform” rating and a $39.00 price target for the company. Finally, Goldman Sachs Group, Inc. (The) reduced their price target on Exelon Corporation from $38.00 to $37.00 and set a “neutral” rating for the company in a research report on Friday, February 10th. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $38.04.

Earnings History and Estimates for Exelon Corporation (NYSE:EXC)

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Exelon Corporation (NYSE:EXC) traded down 0.45% on Thursday, reaching $35.26. The company had a trading volume of 2,008,170 shares. The company has a 50-day moving average of $35.45 and a 200 day moving average of $34.18. The stock has a market cap of $32.67 billion, a price-to-earnings ratio of 28.90 and a beta of 0.26. Exelon Corporation has a one year low of $29.82 and a one year high of $37.70.

Exelon Corporation (NYSE:EXC) last released its quarterly earnings data on Wednesday, February 8th. The energy giant reported $0.44 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.45 by $0.01. Exelon Corporation had a net margin of 3.59% and a return on equity of 9.24%. The company had revenue of $8.05 billion for the quarter, compared to analyst estimates of $7.91 billion. During the same quarter in the prior year, the firm earned $0.38 EPS. The company’s revenue for the quarter was up 20.5% compared to the same quarter last year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 10th. Investors of record on Wednesday, February 15th will be given a dividend of $0.3275 per share. This represents a $1.31 annualized dividend and a dividend yield of 3.70%. The ex-dividend date is Monday, February 13th. This is a boost from Exelon Corporation’s previous quarterly dividend of $0.32. Exelon Corporation’s payout ratio is currently 106.50%.

In related news, Chairman Mayo A. Shattuck III sold 442,851 shares of the business’s stock in a transaction dated Tuesday, December 13th. The stock was sold at an average price of $34.85, for a total transaction of $15,433,357.35. Following the completion of the transaction, the chairman now owns 660,500 shares of the company’s stock, valued at approximately $23,018,425. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Mayo A. Shattuck III sold 68,519 shares of the business’s stock in a transaction dated Thursday, December 8th. The stock was sold at an average price of $33.89, for a total value of $2,322,108.91. Following the transaction, the chairman now directly owns 433,938 shares of the company’s stock, valued at approximately $14,706,158.82. The disclosure for this sale can be found here. 0.80% of the stock is currently owned by insiders.

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A number of institutional investors have recently bought and sold shares of EXC. Cable Hill Partners LLC boosted its position in Exelon Corporation by 0.8% in the third quarter. Cable Hill Partners LLC now owns 3,215 shares of the energy giant’s stock valued at $103,000 after buying an additional 26 shares during the period. Hudock Capital Group LLC boosted its position in Exelon Corporation by 0.5% in the second quarter. Hudock Capital Group LLC now owns 2,925 shares of the energy giant’s stock valued at $106,000 after buying an additional 14 shares during the period. Bessemer Group Inc. boosted its position in Exelon Corporation by 21.2% in the fourth quarter. Bessemer Group Inc. now owns 3,030 shares of the energy giant’s stock valued at $108,000 after buying an additional 530 shares during the period. Advisory Services Network LLC boosted its position in Exelon Corporation by 289.7% in the third quarter. Advisory Services Network LLC now owns 3,351 shares of the energy giant’s stock valued at $112,000 after buying an additional 2,491 shares during the period. Finally, Parallel Advisors LLC purchased a new position in Exelon Corporation during the fourth quarter valued at approximately $126,000. 75.83% of the stock is owned by hedge funds and other institutional investors.

Exelon Corporation Company Profile

Exelon Corporation is a utility services holding company. The Company operates through nine segments consisting of Exelon Generation Company, LLC’s (Generation’s) six power marketing segments, including Mid-Atlantic, Midwest, New England, New York, ERCOT and other regions; Commonwealth Edison Company (ComEd); PECO Energy Company (PECO), and Baltimore Gas and Electric Company (BGE).

5 Day Chart for NYSE:EXC

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