News headlines about Exelon Corporation (NYSE:EXC) have been trending somewhat positive recently, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Exelon Corporation earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave media headlines about the energy giant an impact score of 43.7397005578982 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
- Reasons To Keep this: Exelon Corporation (NYSE:EXC) a Diversified Utilities Company – The Stock Street (press release) (thestreetpoint.com)
- Looking at Institutional Activity in Exelon (finance.yahoo.com)
- Earnings Growth Analytics Power Exelon (EXC) to Strong Buy (investorplace.com)
- Exelon Corp. : EXC-US: Dividend Analysis : November 15th, 2017 (record date) : By the numbers : November 14, 2017 (finance.yahoo.com)
- Noteworthy Monday Option Activity: AFL, EXC, KO (marketnewsvideo.com)
Shares of Exelon Corporation (EXC) opened at $41.24 on Friday. The firm has a market cap of $40,102.87, a price-to-earnings ratio of 16.84, a price-to-earnings-growth ratio of 3.64 and a beta of 0.31. The company has a current ratio of 1.03, a quick ratio of 0.89 and a debt-to-equity ratio of 1.06. Exelon Corporation has a 12-month low of $31.43 and a 12-month high of $42.67.
Exelon Corporation (NYSE:EXC) last announced its quarterly earnings results on Thursday, November 2nd. The energy giant reported $0.85 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.86 by ($0.01). Exelon Corporation had a net margin of 6.59% and a return on equity of 8.19%. The firm had revenue of $8.77 billion for the quarter, compared to analysts’ expectations of $8.58 billion. During the same period in the previous year, the company earned $0.91 EPS. The company’s quarterly revenue was down 2.6% on a year-over-year basis. equities research analysts expect that Exelon Corporation will post 2.65 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Wednesday, November 15th will be issued a $0.3275 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $1.31 annualized dividend and a yield of 3.18%. Exelon Corporation’s dividend payout ratio (DPR) is presently 58.74%.
A number of equities analysts have commented on the stock. SunTrust Banks, Inc. reissued a “buy” rating and issued a $41.00 price target on shares of Exelon Corporation in a research note on Thursday, October 12th. BidaskClub raised shares of Exelon Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. Barclays PLC reissued an “overweight” rating and issued a $44.00 price target (up previously from $43.00) on shares of Exelon Corporation in a research note on Wednesday, August 9th. J P Morgan Chase & Co boosted their price target on shares of Exelon Corporation from $40.00 to $42.00 and gave the stock an “overweight” rating in a research note on Thursday, October 12th. Finally, ValuEngine raised shares of Exelon Corporation from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. One research analyst has rated the stock with a sell rating, four have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Exelon Corporation has a consensus rating of “Buy” and a consensus target price of $40.64.
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In related news, Chairman Mayo A. Shattuck III sold 567,070 shares of the stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $40.12, for a total value of $22,750,848.40. Following the completion of the transaction, the chairman now directly owns 746,986 shares in the company, valued at approximately $29,969,078.32. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Kenneth W. Cornew sold 25,000 shares of the firm’s stock in a transaction dated Monday, September 25th. The shares were sold at an average price of $37.44, for a total transaction of $936,000.00. Following the sale, the executive vice president now owns 28,363 shares of the company’s stock, valued at $1,061,910.72. The disclosure for this sale can be found here. Insiders sold a total of 1,312,787 shares of company stock valued at $52,683,909 over the last 90 days. Company insiders own 0.70% of the company’s stock.
About Exelon Corporation
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.
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