Exelon Corporation (NYSE:EXC) Given Price Target Of $39.25


As per Exelon Corporation (NYSE:EXC)’s news release on 2016-07-26, its shareholders will get cash dividend of $0.318 per share. The recent press release updated on the record date and payout date, which stands at 2016-08-15 and 2016-09-09, respectively.

The stock will commence trading ex-dividend from 2016-08-11, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Exelon Corporation (NYSE:EXC) disbursed $0.318 in dividend compared to distribution of $0.318, a year ago.

It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 0%.

Analyst Perspective

The sell-side market professionals who track the firm’s financial and technical parameters have estimated Exelon Corporation (NYSE:EXC) to attain a price target of $39.25. It is an average estimate figure given by 8 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $41. The low price range is set at $37 for next year while the arithmetic mean is seen at 1.91.

Eyeing Earnings Exelon Corporation (NYSE:EXC) is likely to post quarterly numbers around 2016-11-04 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.74 for the period ending on 2016-09-30.

In last quarter ended 2015-12-31, Exelon Corporation (NYSE:EXC) earnings came at $0.65 suggesting a deviation of $0.09. The brokerages targeted EPS of $0.56 for the quarter.

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