Exelon Corporation (EXC) to Issue Quarterly Dividend of $0.42 on June 15th

Exelon Corporation (NASDAQ:EXC) declared a quarterly dividend on Tuesday, April 28th. Stockholders of record on Thursday, June 4th will be given a dividend of 0.42 per share on Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Thursday, June 4th.

Exelon has increased its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 3 consecutive years. Exelon has a payout ratio of 59.6% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Exelon to earn $3.05 per share next year, which means the company should continue to be able to cover its $1.68 annual dividend with an expected future payout ratio of 55.1%.

Exelon Stock Performance

NASDAQ:EXC opened at $47.02 on Thursday. The stock’s fifty day moving average is $48.33 and its 200 day moving average is $46.31. Exelon has a fifty-two week low of $41.71 and a fifty-two week high of $50.65. The firm has a market capitalization of $48.11 billion, a PE ratio of 17.22, a PEG ratio of 2.70 and a beta of 0.41. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.84 and a current ratio of 0.92.

Exelon (NASDAQ:EXC) last released its quarterly earnings results on Thursday, February 12th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.04. Exelon had a return on equity of 9.97% and a net margin of 11.41%.During the same quarter last year, the firm posted $0.64 EPS. The firm’s revenue was down 1.1% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, sell-side analysts anticipate that Exelon will post 2.86 earnings per share for the current year.

Wall Street Analyst Weigh In

EXC has been the topic of several recent research reports. Mizuho set a $48.00 price target on Exelon and gave the company a “neutral” rating in a report on Friday, April 17th. Wolfe Research lowered Exelon from an “outperform” rating to a “peer perform” rating in a report on Tuesday, January 27th. Weiss Ratings restated a “buy (b-)” rating on shares of Exelon in a report on Friday, April 17th. Morgan Stanley decreased their price target on Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 21st. Finally, Citigroup initiated coverage on Exelon in a report on Thursday, March 26th. They set a “buy” rating and a $58.00 price target on the stock. Five equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $50.44.

Exelon Company Profile

Exelon Corporation (NASDAQ: EXC) is a Chicago-based energy company that operates primarily as a regulated electric and natural gas utility holding company. The company’s businesses focus on the delivery of electricity and related services to residential, commercial and industrial customers, as well as investments in grid modernization, customer energy solutions and demand-side programs. Exelon’s operations emphasize reliable service delivery, infrastructure maintenance and regulatory compliance across its utility footprint.

Formed in 2000 through the merger of Unicom and PECO Energy, Exelon historically combined generation and regulated utility businesses.