Exelon Co. (NYSE:EXC) – Research analysts at SunTrust Banks increased their FY2018 EPS estimates for Exelon in a research note issued to investors on Thursday. SunTrust Banks analyst A. Agha now forecasts that the energy giant will earn $3.05 per share for the year, up from their previous estimate of $2.88. SunTrust Banks currently has a “Buy” rating and a $42.00 target price on the stock. SunTrust Banks also issued estimates for Exelon’s Q4 2018 earnings at $0.64 EPS, Q1 2019 earnings at $0.74 EPS, Q2 2019 earnings at $0.63 EPS and Q3 2019 earnings at $0.96 EPS.

Exelon (NYSE:EXC) last posted its earnings results on Wednesday, February 7th. The energy giant reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.05). Exelon had a return on equity of 8.35% and a net margin of 11.53%. The firm had revenue of $8.38 billion for the quarter, compared to analysts’ expectations of $7.66 billion. During the same period in the previous year, the company earned $0.44 earnings per share. The company’s revenue was up 6.4% compared to the same quarter last year.

Other equities research analysts have also issued reports about the stock. Zacks Investment Research raised shares of Exelon from a “hold” rating to a “buy” rating and set a $40.00 target price on the stock in a research note on Friday. Royal Bank of Canada reissued a “buy” rating and set a $43.00 target price on shares of Exelon in a research note on Tuesday, November 7th. Bank of America started coverage on shares of Exelon in a research note on Tuesday, October 24th. They set a “buy” rating and a $43.00 target price on the stock. UBS Group started coverage on shares of Exelon in a research note on Friday, February 2nd. They set a “buy” rating and a $44.00 target price on the stock. Finally, Morgan Stanley lowered their target price on shares of Exelon from $42.00 to $41.00 and set an “equal weight” rating on the stock in a research note on Thursday. One analyst has rated the stock with a sell rating, four have assigned a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $41.03.

Shares of Exelon (NYSE:EXC) opened at $36.86 on Friday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.89 and a current ratio of 1.10. Exelon has a 12 month low of $33.30 and a 12 month high of $42.67. The stock has a market cap of $36,280.00, a PE ratio of 9.36, a PEG ratio of 2.55 and a beta of 0.23.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Thursday, February 15th will be given a dividend of $0.345 per share. This represents a $1.38 annualized dividend and a dividend yield of 3.74%. The ex-dividend date of this dividend is Wednesday, February 14th. This is an increase from Exelon’s previous quarterly dividend of $0.33. Exelon’s dividend payout ratio is 33.25%.

In related news, EVP Paymon Aliabadi sold 13,334 shares of the company’s stock in a transaction dated Friday, December 8th. The shares were sold at an average price of $40.62, for a total transaction of $541,627.08. Following the completion of the transaction, the executive vice president now owns 26,435 shares in the company, valued at approximately $1,073,789.70. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.70% of the stock is owned by corporate insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. NuWave Investment Management LLC acquired a new position in shares of Exelon during the 4th quarter worth about $105,000. Bank of Nova Scotia Trust Co. acquired a new position in shares of Exelon during the 3rd quarter worth about $102,000. Baker Ellis Asset Management LLC acquired a new stake in Exelon in the 4th quarter valued at about $118,000. Cerebellum GP LLC acquired a new stake in Exelon in the 4th quarter valued at about $122,000. Finally, Trustcore Financial Services LLC acquired a new stake in Exelon in the 4th quarter valued at about $142,000. Hedge funds and other institutional investors own 77.71% of the company’s stock.

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Exelon Company Profile

Exelon Corporation is a utility services holding company. The Company, through its subsidiary, Exelon Generation Company, LLC (Generation), is engaged in the energy generation business. The Company, through its subsidiaries, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Pepco Holdings LLC (PHI), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE), is engaged in the energy delivery businesses.

Earnings History and Estimates for Exelon (NYSE:EXC)

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