Exelon (EXC) Getting Somewhat Positive News Coverage, Report Shows

Press coverage about Exelon (NYSE:EXC) has trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Exelon earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned media headlines about the energy giant an impact score of 45.5005956443428 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:

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NYSE:EXC traded up $0.47 during trading hours on Friday, hitting $39.01. 6,223,842 shares of the company’s stock traded hands, compared to its average volume of 6,410,159. The firm has a market capitalization of $37,645.78, a price-to-earnings ratio of 15.00, a PEG ratio of 2.55 and a beta of 0.25. Exelon has a twelve month low of $33.30 and a twelve month high of $42.67. The company has a current ratio of 1.10, a quick ratio of 0.94 and a debt-to-equity ratio of 1.01.

Exelon (NYSE:EXC) last posted its quarterly earnings results on Wednesday, February 7th. The energy giant reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.05). The business had revenue of $8.38 billion for the quarter, compared to analyst estimates of $7.66 billion. Exelon had a net margin of 11.53% and a return on equity of 8.35%. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.44 earnings per share. equities analysts forecast that Exelon will post 3.06 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 9th. Investors of record on Thursday, February 15th were given a dividend of $0.345 per share. This represents a $1.38 annualized dividend and a yield of 3.54%. This is a positive change from Exelon’s previous quarterly dividend of $0.33. The ex-dividend date of this dividend was Wednesday, February 14th. Exelon’s payout ratio is presently 53.08%.

Several analysts have recently weighed in on EXC shares. Morgan Stanley upped their price objective on Exelon from $42.00 to $43.00 and gave the company an “equal weight” rating in a report on Wednesday, December 13th. Mizuho initiated coverage on Exelon in a research report on Friday, December 15th. They set an “underperform” rating and a $36.00 target price on the stock. SunTrust Banks set a $42.00 target price on Exelon and gave the stock a “buy” rating in a research report on Monday, February 5th. Zacks Investment Research raised Exelon from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research report on Friday, February 2nd. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $43.00 target price on shares of Exelon in a research report on Wednesday, February 14th. Five research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $41.41.

In related news, CEO Calvin Butler, Jr. sold 25,000 shares of the company’s stock in a transaction on Thursday, March 15th. The stock was sold at an average price of $37.94, for a total transaction of $948,500.00. Following the transaction, the chief executive officer now directly owns 19,429 shares of the company’s stock, valued at $737,136.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.70% of the stock is currently owned by insiders.

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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.

Insider Buying and Selling by Quarter for Exelon (NYSE:EXC)

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