Exelon Corporation (NASDAQ:EXC) Announces Dividend Increase – $0.42 Per Share

Exelon Corporation (NASDAQ:EXC) announced a quarterly dividend on Thursday, February 12th. Shareholders of record on Monday, March 2nd will be paid a dividend of 0.42 per share on Friday, March 13th. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Monday, March 2nd. This is a 5.0% increase from Exelon’s previous quarterly dividend of $0.40.

Exelon has increased its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 3 years. Exelon has a dividend payout ratio of 56.7% meaning its dividend is sufficiently covered by earnings. Research analysts expect Exelon to earn $2.78 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 57.6%.

Exelon Price Performance

Shares of EXC stock opened at $47.55 on Friday. Exelon has a twelve month low of $41.71 and a twelve month high of $48.51. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.66. The stock has a fifty day simple moving average of $44.01 and a two-hundred day simple moving average of $44.83. The stock has a market capitalization of $48.04 billion, a price-to-earnings ratio of 17.04, a P/E/G ratio of 2.60 and a beta of 0.45.

Exelon (NASDAQ:EXC) last released its quarterly earnings data 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 10.28% and a net margin of 11.60%.The firm had revenue of $5.41 billion during the quarter, compared to the consensus estimate of $5.42 billion. During the same period in the previous year, the company posted $0.64 earnings per share. The firm’s quarterly 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, analysts predict that Exelon will post 2.64 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on EXC shares. Wells Fargo & Company lowered their price target on shares of Exelon from $52.00 to $51.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. BTIG Research began coverage on Exelon in a report on Tuesday, October 21st. They issued a “neutral” rating on the stock. KeyCorp set a $39.00 price objective on Exelon in a research note on Friday, December 12th. Wolfe Research lowered Exelon from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, January 27th. Finally, Morgan Stanley reiterated an “underperform” rating and issued a $51.00 target price on shares of Exelon in a report on Wednesday, January 21st. Seven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Exelon has a consensus rating of “Hold” and a consensus target price of $49.83.

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.