Exelon Corp. (NASDAQ: EXC): Is It A Gold Mine Or A Disaster In The Making?

In today’s recent session, 1.02 million shares of the Exelon Corp. (NASDAQ:EXC) have been traded, and its beta is 0.52. Most recently the company’s share price was $39.95, and it changed around -$0.25 or -0.62% from the last close, which brings the market valuation of the company to $39.97B. EXC at last check was trading at a discount to its 52-week high of $41.82, offering almost -4.68% off that amount. The share price’s 52-week low was $33.35, which indicates that the recent value has risen by an impressive 16.52% since then. We note from Exelon Corp.’s average daily trading volume that its 10-day average is 8.45 million shares, with the 3-month average coming to 7.11 million.

Exelon Corp. stock received a consensus recommendation rating of Buy, based on a mean score of 2.63. If we narrow it down even further, the data shows that 1 out of 17 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 2 recommended EXC as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight. Exelon Corp. is expected to report earnings per share of 0.67 for the current quarter.

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Exelon Corp. (NASDAQ:EXC) trade information

Instantly EXC has been showing red trend so far today with a performance of -0.62% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 40.63 on recent trading dayincreased the stock’s daily price by 1.67%. The company’s shares are currently up 11.28% year-to-date, but still up 1.66% over the last five days. On the other hand, Exelon Corp. (NASDAQ:EXC) is 6.22% up in the 30-day period. We can see from the shorts that 19.01 million shares have been sold at a short interest cover period of 3.18 day(s).

The consensus price target as assigned by Wall Street analysts is $45, which translates to bulls needing to increase their stock price by 11.22% from its current value. Analyst projections state that EXC is forecast to be at a low of $39 and a high of $63.

Exelon Corp. (EXC) estimates and forecasts

Exelon Corp. share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 8.53 percent over the past six months and at a 2.52% annual growth rate that is well below the industry average of 6.20%. The year-over-year growth rate is expected to be 2.00%, up from the previous year.

Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 5.95B in revenue for the current quarter. 4 analysts expect Exelon Corp. to make 5.02B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 5.98B and 5.37B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -0.50%. Forecasts for the next quarter put sales growth at -6.50%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 2.40%. Exelon Corp. earnings are expected to increase by 2.83% in 2024, but the outlook is positive 10.10% per year for the next five years.

EXC Dividends

Exelon Corp.’s next quarterly earnings report is expected to be released on 2024-Oct-31. The annual dividend yield of the stock is 3.75 percent and its annual dividend per share was 1.50. It is important to note, however, that the 3.75% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 3.51 per year.

Exelon Corp. (NASDAQ:EXC)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 0.11% of Exelon Corp. shares, and 87.30% of them are in the hands of institutional investors. The stock currently has a share float of 87.40%. Exelon Corp. stock is held by 1408.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 12.1051% of the shares, which is about 121.05 million shares worth $4.19 billion.

BLACKROCK INC., with 10.0543% or 100.54 million shares worth $3.48 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.

Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund were the top two Mutual Funds as of Jun 30, 2024. The former held 31.59 shares worth $1.26 billion, making up 3.25% of all outstanding shares. On the other hand, Vanguard 500 Index Fund held roughly 25.67 shares worth around $1.03 billion, which represents about 2.64% of the total shares outstanding.