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Company Update: Exelon Corporation (NYSE:EXC) – Exelon Hosts Spring Innovation Expo Focused on the Next Generation Energy Company

[Business Wire] – Interactive technology, virtual reality displays and other tools to create the next generation power grid through advanced technology and innovation are on display today at Soldier Field as part of Exelon’s fifth annual Innovation Expo, an event bringing employees, vendors and industry experts together to explore how technology can solve challenges affecting the energy industry and contribute to a … Read more on this. Exelon Corporation (EXC) , currently valued at $32.77B, started the session at $35.33. Shares have traded today between $34.97 and $35.56 per share with the price of the stock fluctuating between $25.09 to $35.95 over the last 52 weeks. EXC shares are currently priced at 13.91x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 16.59x earnings multiple. And for dividend hunters, the company pays shareholders $1.27 per share annually in dividends, yielding 3.61%. In a review of the consensus earnings estimate this quarter, 11 sell-side analysts are looking at $0.54 per share, which would be $0.05 worse than the year-ago quarter and a $0.01 sequential increase. The full-year EPS estimate is $2.53 which would be a $0.04 improvement than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $7.06 Billion. If reported, that would be a 8.45% increase over the year-ago quarter. Recently, Argus upgraded EXC from Hold to Buy (Mar 7, 2016). Previously, Citigroup downgraded EXC from Neutral to Sell. The average price target for EXC shares by the analysts covering the stock is $36.94, which is 4.56% above where the stock opened this morning. See more in (NYSE:EXC) Similar Articles: Company Update: Exelon Corporation (NYSE:EXC) – Exelon Employees Leading More Than 160 Service Projects in Their Communities around National Volunteer Week Market Update: Exelon Corporation (NYSE:EXC) – Exelon Corporation Declares Dividend Stock Update: Exelon Corporation (NYSE:EXC) – RES Announces Sale of the Bluestem Wind Project to Exelon Generation
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