Exelon Corporation (EXC) continues to be a favoured choice of institutional investors, accounting for 85% of the company's ownership. Despite KeyBanc maintaining a sell rating with a $37 target, there are strong indications of a potential surge in growth backed by the company's data centers. EXC declared dividends and reported earnings, with a notable 3.38% dividend yield. The company's stock remains a strong contender in the electric utility market and has seen bullish bets due to unusual volume spikes. Recently, Exelon gained significant momentum through the execution of capex plans, expansion in power lines, and infrastructural investments. Supported by a steady increase in delivery volume, the company expects strong earnings growth. It has also managed to exceed first-quarter profit estimates and reached a record 52-week high at $45.46. Exelon's performance in the smart grid and electrification sector is notable and continues to promise strong earnings. The announcement of leadership appointments and clean energy initiatives further reflect the company's commitment to growth and innovation. Several incidents, nonetheless, have raised concerns, including an attack on the company's information systems and the penalties by the US SEC for fraud. However, overall, the company maintains strong performance indicators. The outlook remains positive with Exelon outperforming many other companies in the utilities sector.
Exelon Corporation EXC News Analytics from Thu, 03 Feb 2022 08:00:00 GMT to Fri, 18 Jul 2025 11:00:19 GMT -
Rating 8
- Innovation 6
- Rumor 3