Track market-moving stories before they get noisy

The market expects Exelon (EXC - Free Report) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The earnings report, which is expected to be released on October 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis energy company is expected to post quarterly earnings of $0.81 per share in its upcoming report, which represents a year-over-year change of -5.8%.

Revenues are expected to be $6.87 billion, up 2.4% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.02% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Exelon?For Exelon, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +3.73%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination indicates that Exelon will most likely beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Exelon would post earnings of $0.43 per share when it actually produced earnings of $0.43, delivering no surprise.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Exelon appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Expected Results of an Industry PlayerIdaCorp (IDA - Free Report) , another stock in the Zacks Utility - Electric Power industry, is expected to report earnings per share of $2.51 for the quarter ended September 2026. This estimate points to a year-over-year change of +11.1%. Revenues for the quarter are expected to be $561.11 million, up 7% from the year-ago quarter.

Over the last 30 days, the consensus EPS estimate for IdaCorp has been revised 1.7% down to the current level. Nevertheless, the company now has an Earnings ESP of -0.53%, reflecting a lower Most Accurate Estimate.

When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that IdaCorp will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Illinois Commerce Commission Approves ComEd GRIT Transmission Project in Cook County and DuPage County
ComEd today announced Illinois Commerce Commission (ICC) approval of the Grid Reliability Infrastructure Transformation (GRIT) Project, which will add new underground transmission lines to strengthen the electric grid, enhance service for customers and support economic growth in Elk Grove Village, City of Wood Dale, and Village of Bensenville areas. ComEd received a Certificate of Public Convenience and Necessity (CPCN), which enables a public utility to construct major infrastructure following public review of the need for the project, its design, and public benefits.

“The ICC’s approval of GRIT provides a clear path to make a critical investment in the transmission system serving one of northern Illinois’ most important economic corridors,” said ComEd Executive Vice President and COO David Perez. “This project will give our operators greater flexibility to move power through the region, strengthen resilience during extreme weather and other unexpected events, and help ensure reliable service as communities and businesses grow.”

The GRIT transmission project consists of four underground 138kV electric transmission lines and one new substation. It creates a new underground transmission ring connecting three substations, which allows power to flow in multiple directions. If part of the system experiences a reliability issue, ComEd will have an alternate pathway to reroute power, helping reduce the number and duration of service interruptions and improving the flexibility and resilience of the regional grid.

Construction of the project begins this fall with grading and drainage for the Dierking substation in the Elk Grove Village area near the Elmhurst Road corridor. Transmission underground work in the other areas begins in January of next year and will be completed in the second quarter of 2029 when the GRIT project will be placed into service. ComEd will coordinate with local authorities throughout construction and the livening process.

ComEd engaged customers and communities throughout the routing planning process, holding two rounds of in-person public open houses in Cook and DuPage counties, as well as a virtual public open house in 2025. Feedback from residents, property owners, local governments, and other stakeholders helped inform the transmission line route selection and ComEd’s CPCN application to the ICC.

The GRIT project is necessary to provide adequate, efficient and reliable service to the existing customers and new energy load, including multiple large-load customers that have entered the Wood Dale and Elk Grove Village areas, creating the need for new transmission lines to enable regional substations to efficiently route power and maintain reliability.

The underground design reflects the project area’s proximity to Chicago O’Hare International Airport, where Federal Aviation Administration height restrictions limit the feasibility of overhead transmission structures. Underground construction is also better suited to the area’s developed and congested landscape.

ComEd does not build new grid capacity without a demonstrated need. Investments are driven by actual customer demand and forecasted customer demand, including customer service requests and deposits. This helps ensure infrastructure is built where and when it is needed.

For more information:
www.comed.com/smart-energy/innovation-technology/reliability-improvements/grit-project

ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 company and one of the nation’s largest utility companies, serving more than 10.7 million electricity and natural gas customers. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state’s population. For more information, visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X and YouTube.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261022573071/en/

Disclosures
I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

Click for the complete disclosure

Assenagon Asset Management S.A. grew its stake in shares of Exelon Corporation (NASDAQ:EXC – Free Report) by 633.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,710,111 shares of the company’s stock after acquiring an additional 3,204,547 shares during the quarter. Assenagon Asset Management S.A. owned about 0.36% of Exelon worth $149,888,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in Exelon during the second quarter valued at $5,583,709,000. Lazard Asset Management LLC lifted its holdings in Exelon by 6.4% in the first quarter. Lazard Asset Management LLC now owns 24,620,304 shares of the company’s stock valued at $1,206,887,000 after acquiring an additional 1,490,251 shares during the period. GQG Partners LLC bought a new position in Exelon in the second quarter valued at about $922,917,000. Legal & General Group Plc purchased a new position in Exelon in the second quarter worth about $602,760,000. Finally, Bank of New York Mellon Corp purchased a new position in Exelon in the second quarter worth about $580,842,000. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Trading Down 0.3% Shares of Exelon stock opened at $42.48 on Friday. The company has a market capitalization of $43.85 billion, a P/E ratio of 15.56, a P/E/G ratio of 2.33 and a beta of 0.30. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 1.09. The company has a fifty day moving average of $43.04 and a 200 day moving average of $45.25. Exelon Corporation has a fifty-two week low of $39.73 and a fifty-two week high of $50.65.

Exelon (NASDAQ:EXC – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). Exelon had a net margin of 10.99% and a return on equity of 9.81%. The business had revenue of $5.97 billion for the quarter, compared to the consensus estimate of $5.44 billion. During the same period in the prior year, the business earned $0.39 earnings per share. Exelon’s revenue was up 10.0% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, sell-side analysts anticipate that Exelon Corporation will post 2.86 earnings per share for the current fiscal year. Exelon Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, September 4th were paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Friday, September 4th. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

Analysts Set New Price Targets A number of equities research analysts have issued reports on EXC shares. KeyCorp upgraded Exelon from an “underweight” rating to a “sector weight” rating in a research note on Monday. Morgan Stanley lowered their price objective on shares of Exelon from $53.00 to $50.00 and set an “equal weight” rating on the stock in a research note on Friday, September 18th. Weiss Ratings reissued a “buy (b-)” rating on shares of Exelon in a report on Tuesday, October 6th. Argus dropped their price objective on shares of Exelon from $52.00 to $49.00 and set a “buy” rating on the stock in a report on Tuesday, September 22nd. Finally, Truist Financial cut their target price on shares of Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a research report on Thursday, August 13th. Four equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat, Exelon presently has an average rating of “Hold” and an average price target of $49.33.

Get Our Latest Stock Analysis on Exelon

Exelon Company Profile (Free Report)

Exelon Corporation (NASDAQ:EXC) is a regulated utility holding company focused on the transmission and distribution of electricity and the delivery of natural gas. Through its operating companies, Exelon provides energy delivery, infrastructure, grid modernization, reliability, and related customer services rather than operating a competitive power-generation business.

Exelon’s six principal utilities are Commonwealth Edison (ComEd) in Illinois; PECO in Pennsylvania; Baltimore Gas and Electric (BGE) in Maryland; Delmarva Power in Delaware and Maryland; Atlantic City Electric in New Jersey; and Pepco in Washington, DC, and Maryland.

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Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.

Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.

Exelon (EXC - Free Report) is headquartered in Chicago, and is in the Utilities sector. The stock has seen a price change of -2.27% since the start of the year. Currently paying a dividend of $0.42 per share, the company has a dividend yield of 3.94%. In comparison, the Utility - Electric Power industry's yield is 3.18%, while the S&P 500's yield is 1.38%.

Looking at dividend growth, the company's current annualized dividend of $1.68 is up 5% from last year. Over the last 5 years, Exelon has increased its dividend 3 times on a year-over-year basis for an average annual increase of 0.70%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Exelon's current payout ratio is 60%, meaning it paid out 60% of its trailing 12-month EPS as dividend.

EXC is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2026 is $2.86 per share, with earnings expected to increase 3.25% from the year ago period.

Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. But, not every company offers a quarterly payout.

For instance, it's a rare occurrence when a tech start-up or big growth business offers its shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, EXC is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).

NorthCrest Asset Manangement LLC boosted its stake in shares of Exelon Corporation (NASDAQ: EXC) by 8.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 274,369 shares of the company's stock after purchasing an additional 22,217 shares during the quarter. NorthCrest Asset

Key Takeaways EXC and ES are expanding grid infrastructure to meet rising electricity and data-center demand. EXC targets $41.7B in investments through 2029, while ES plans $26.5B through 2030. ES offers a higher 4.83% dividend yield but trails Exelon in debt position and interest coverage. Companies operating in the Zacks Utility - Electric Power industry enjoy a regulated framework that provides greater earnings visibility and supports long-term investment. Approved rates enable utilities to recover costs and earn returns on their capital investments. Reliable dividends strengthen the sector’s defensive profile, while expanding clean energy capacity helps meet growing power requirements.

U.S. electricity demand is rising due to higher residential consumption, industrial reshoring and the rapid expansion of AI-powered data centers. Meeting this growing demand requires not only sufficient power generation but also reliable transmission and distribution networks. Transmission and distribution companies are benefiting from investments aimed at improving grid reliability, expanding network capacity and replacing aging infrastructure.

Amid the growing need for transmission and distribution infrastructure, let us compare Exelon Corporation (EXC - Free Report) and Eversource Energy (ES - Free Report) . Both utilities are investing significantly in grid infrastructure and modernization, making them comparable players within the regulated electric utility space.

Exelon benefits from its regulated business model, supported by decoupling mechanisms, cost-recovery frameworks and reliable transmission and distribution operations. Its strategic investment plan prioritizes grid modernization, transmission expansion and infrastructure upgrades to meet rising electricity demand, including growing data-center loads. Continued investments are expected to expand the rate base, improve reliability and support long-term earnings and dividend growth.

Eversource Energy benefits from its regulated utility model, which supports predictable cash flows and cost recovery. The company is concentrating its portfolio on regulated electric and natural gas delivery operations, improving earnings visibility. Its capital allocation strategy focuses on transmission and distribution upgrades, grid modernization and system resilience. These investments are aimed at meeting rising electricity demand, improving reliability and supporting rate-base growth.

Exelon and Eversource Energy are established utility companies. A comparison of their key fundamentals can help investors identify the stock with stronger investment potential.

EXC & ES’ Earnings Growth ProjectionsThe Zacks Consensus Estimate for EXC’s earnings per share (EPS) is pegged at $2.86 for 2026 and $3.05 for 2027, suggesting year-over-year growth of 3.25% and 6.57%, respectively.  EXC’s long-term (three to five years) earnings growth is currently pinned at 6.39%.

Image Source: Zacks Investment Research

On the other side, the Zacks Consensus Estimate for ES’ EPS is pegged at $4.64 in 2026 and $4.95 in 2027, suggesting a year-over-year decline of 2.52% and growth of 6.61%, respectively.  ES’ long-term earnings growth is currently pinned at 4.96%

Image Source: Zacks Investment Research

EXC & ES’ Debt Position Eversource Energy’s debt-to-capital currently stands at 64.36%, higher than Exelon’s 63.95%. EXC and ES’ debt levels are higher than the industry’s 62.33%.

Image Source: Zacks Investment Research

EXC’s times interest earned ratio was 2.5 at the end of the second quarter compared with 2.2 for ES, indicating that both companies generated sufficient operating earnings to cover their interest expenses. Exelon’s higher ratio is better, as it suggests a relatively stronger ability to meet interest obligations while funding its investment plans.

EXC & ES’ Dividend YieldRegular dividend payments are important for utility investors seeking stable income. Consistent distributions reflect predictable cash flows and earnings visibility while highlighting financial strength, disciplined capital allocation and management’s confidence in sustaining shareholder returns.

Currently, Eversource Energy’s dividend yield is 4.83%, slightly higher than Exelon's 4.05%. Both companies offer dividend yields above the S&P 500’s average yield of 1.43%.

EXC & ES’ Capital Investment PlansExelon plans to invest $41.7 billion from 2026 through 2029 to strengthen its electric distribution and transmission networks and gas delivery infrastructure. The plan includes $21.8 billion for electric distribution, $16.3 billion for electric transmission and $3.6 billion for gas delivery and other investments. The spending is expected to support grid reliability, customer needs and rate-base growth.

Eversource Energy plans to invest approximately $5.07 billion in 2026 and $26.5 billion through 2030. The plan includes about $18.5 billion for electric transmission and distribution and $6.8 billion for natural gas distribution. It also identifies nearly $1 billion of potential incremental investment in Connecticut’s advanced metering infrastructure.

EXC & ES’ Price PerformanceIn the past month, shares of Exelon have declined 5% compared with Eversource Energy’s 7.4% fall.

Image Source: Zacks Investment Research

Summing UpExelon and Eversource Energy benefit from rising electricity demand, including growing data-center loads, while making significant investments in transmission and distribution infrastructure to support customers across their respective service territories.

Based on the above analysis, Exelon is our preferred pick, supported by stronger earnings growth, a broader capital investment plan, a better debt position and better price performance.

Currently, Exelon carries a Zacks Rank #3 (Hold), while Eversource Energy has a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

CHICAGO--(BUSINESS WIRE)--Exelon will hold its third quarter 2026 earnings conference call at 9:00 a.m. CT / 10:00 a.m. ET on Friday, October 30, 2026. The conference call will be led by Exelon President and CEO, Calvin Butler, and Exelon Executive Vice President and CFO, Robert Kleczynski. To listen to or view the upcoming earnings presentation, please access the live listen-only webcast here. The audio webcast link will also be available on the Investor Relations page and will be archived and.

Exelon's dividend yield has climbed to its most attractive level in years, but a single regulatory decision this December could determine whether that income stream grows, stalls, or forces a flood of new stock onto the market.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Exelon (NASDAQ:EXC | EXC Price Prediction) trades at $40.35. That is down 6.82% over the past month and 7.05% over the past year, and the slide has raised the dividend yield to 4.07%. When a yield rises because the price fell, income investors need to know what pays the $1.68 forward annual dividend.

A Wires-Only Business Paid by Regulators Exelon is a pure regulated wires company. It runs six regulated transmission and distribution utilities: ComEd, PECO, BGE, and PHI’s Pepco, Delmarva Power and Atlantic City Electric. Regulators approve a “rate base” (the value of poles, wires, and substations) and allow a set return on it. When Exelon builds more grid and wins approval, earnings grow. Fuel prices and recessions matter far less than for most companies, so cash flow is unusually predictable.

In 2025, Exelon earned a 9.7% operating ROE, and it targets 9-10%. Its rate base is expected to grow from $64.6B in 2025 to $87.4B in 2029, a 7.9% CAGR. That growth supports guidance for 5% to 7% annual EPS growth through 2029.

Coverage Sits Right on Target Trailing dividends of $1.64 against EPS of $2.74 yield a payout ratio of about 60%. The forward dividend uses about 59% of the midpoint of 2026 guidance, which is $2.81-$2.91.

Company Yield Trailing Payout Forward P/E Exelon 4.07% 60% 14 Duke Energy (NYSE:DUK) 3.73% 64% 16 Southern Company (NYSE:SO) 3.57% 72% 17 Exelon offers the highest yield and lowest payout ratio of the three, trading at the cheapest multiple. Its track record is shorter. The quarterly dividend fell from $0.3825 in 2021 to $0.3375 in 2022 after the generation spinoff, then rose to $0.36, $0.38, $0.40 and $0.42. Management guides for about 5% annual dividend growth.

Borrowed Money Fills the Capex Gap In 2025, operating cash flow of $6.25B covered dividends of $1.62B about four times over but fell short of capex of $8.53B. Financing brought in $2.53B. Interest expense grew from $1.73B in 2023 to $2.13B in 2025. Exelon needs $3.4B of equity through 2029, with ~37% already priced. Management said in July:

“Maintaining a strong balance sheet is core to our strategy and essential to funding the investments needed to deliver safe, reliable, and affordable service for our customers.”

State Regulators Hold the Key Credit pressure is showing. Moody’s placed PECO under review for downgrade, and S&P downgraded BGE. Exelon dropped a Pennsylvania rate case. ComEd’s $15.3 billion grid plan faces an order by December 15th.

“If critical work is deferred for too long, customers ultimately pay the price through more outages, more costly repairs, and higher long-term costs.”

Data center demand gives Exelon room to grow. After speculative projects were removed, the pipeline fell to 36 gigawatts from 43. Signed agreements cover four gigawatts, backed by a billion dollars of collateral. Management added: “We have not put in speculative projects.”

One Scenario Puts the Payout at Risk The dividend is durable. Regulated rate base growth pays for it, and the payout ratio is at target. The danger is a holding-company downgrade if Illinois or Pennsylvania regulators deny cost recovery, earned ROE falls below 9%, and interest costs keep rising. Exelon targets credit metrics of about 14%, leaving 100-200 bps of room above downgrade levels. If that buffer goes away, Exelon would slow dividend growth or issue much more stock. The ComEd order on December 15 is the first test.

Contact [email protected] for any questions or corrections.

Envestnet Portfolio Solutions Inc. raised its holdings in shares of Exelon Corporation (NASDAQ:EXC – Free Report) by 8.8% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 308,405 shares of the company’s stock after acquiring an additional 24,885 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Exelon were worth $14,378,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Resonant Capital Advisors LLC raised its position in shares of Exelon by 2.4% in the first quarter. Resonant Capital Advisors LLC now owns 9,392 shares of the company’s stock valued at $460,000 after purchasing an additional 217 shares during the period. PFG Investments LLC grew its stake in Exelon by 1.6% in the 1st quarter. PFG Investments LLC now owns 14,242 shares of the company’s stock valued at $698,000 after buying an additional 218 shares during the last quarter. Texas Bank & Trust Co grew its stake in Exelon by 1.5% in the 1st quarter. Texas Bank & Trust Co now owns 15,410 shares of the company’s stock valued at $755,000 after buying an additional 229 shares during the last quarter. Westfuller Advisors LLC raised its holdings in Exelon by 12.5% in the 1st quarter. Westfuller Advisors LLC now owns 2,091 shares of the company’s stock valued at $103,000 after acquiring an additional 232 shares during the period. Finally, Tidal Investments LLC lifted its position in Exelon by 0.3% during the second quarter. Tidal Investments LLC now owns 70,360 shares of the company’s stock worth $3,280,000 after acquiring an additional 243 shares during the last quarter. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets A number of brokerages have recently issued reports on EXC. Argus reduced their price objective on Exelon from $52.00 to $49.00 and set a “buy” rating for the company in a report on Tuesday. Truist Financial decreased their price objective on Exelon from $50.00 to $48.00 and set a “hold” rating on the stock in a report on Thursday, August 13th. Weiss Ratings cut Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Finally, Morgan Stanley dropped their target price on Exelon from $53.00 to $50.00 and set an “equal weight” rating for the company in a report on Friday, September 18th. Five investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $49.81.

Read Our Latest Stock Report on EXC Exelon Stock Performance NASDAQ:EXC opened at $40.69 on Thursday. The company has a market cap of $42.00 billion, a price-to-earnings ratio of 14.90, a PEG ratio of 2.29 and a beta of 0.30. Exelon Corporation has a fifty-two week low of $40.62 and a fifty-two week high of $50.65. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 1.09. The stock has a fifty day moving average price of $44.67 and a 200-day moving average price of $46.08.

Exelon (NASDAQ:EXC – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). The company had revenue of $5.97 billion during the quarter, compared to analyst estimates of $5.44 billion. Exelon had a net margin of 10.99% and a return on equity of 9.81%. The firm’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period last year, the firm earned $0.39 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, equities analysts anticipate that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Friday, September 4th were issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Friday, September 4th. Exelon’s dividend payout ratio is 61.54%.

About Exelon (Free Report)

Exelon Corporation (NASDAQ: EXC) is a regulated utility company that delivers electricity and natural gas to residential, commercial and industrial customers. Its operations are focused primarily on the transmission and distribution of energy, along with related customer, infrastructure and energy-efficiency services.

Exelon operates through six utility companies: Atlantic City Electric, Baltimore Gas and Electric, Commonwealth Edison, Delmarva Power, PECO and Pepco. Together, these utilities serve customers across Illinois, Maryland, Delaware, New Jersey, Pennsylvania and the District of Columbia.

The company was formed in 2000 through the merger of PECO Energy and Unicom, the parent company of Commonwealth Edison.

Read More Five stocks we like better than Exelon Chips to Bots: Qualcomm’s Agentic AI Breakout Ciena Fell 40%—Now One Analyst Sees 50% Upside Energy Transfer Taps the AI Power Boom Viking’s Obesity Edge May Be Staying Power, Not Weight Loss Want to see what other hedge funds are holding EXC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exelon Corporation (NASDAQ:EXC – Free Report).

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A flooded pump has knocked one of the Midwest's biggest refineries offline at the worst possible moment, and fuel markets from Chicago to Pittsburgh are already stretched thin. The question now is how long Exxon can stay dark before prices…

Gasoline and diesel prices were already moving higher before a floodwater-overwhelmed pump forced Exxon Mobil (NYSE:XOM | XOM Price Prediction) to keep its Joliet, Ill., refinery offline. This is critical because fuel markets have little room for another supply disruption. 

AAA put the national average for regular gasoline at $4.47 a gallon today, while Illinois averaged $4.86 and diesel reached $6.50. Meanwhile, both Brent crude and West Texas Intermediate remain above $100 a barrel as geopolitical disruptions squeeze global fuel supplies.

Now one of the Midwest’s biggest fuel suppliers is out of action.

A Power Outage Became a Bigger Problem The Joliet refinery initially shut down around 3:30 p.m. CT on Sept. 13 after severe weather damaged Exelon‘s (NYSE:EXC) ComEd primary and secondary power lines feeding the facility. Electricity was restored around 7 p.m., but the refinery did not simply flip a switch and restart.

The outage automatically triggered safety systems and flaring as the refinery burned off excess pressure. Then came the more troublesome development: floodwater overwhelmed a pump, forcing Exxon to deploy a containment boom and continue cleanup and stabilization work.

Exxon has not said whether the pump problem was directly caused by the initial power failure. As of this morning, the refinery remained offline, and the company had not provided a firm restart date. Reuters reported that the plant also experienced additional flaring on Wednesday. That’s significant because it suggests the refinery was still dealing with operational conditions that required hydrocarbons to be routed to the flare system.

One storm, one outage, and a 275,000-barrel-per-day void. The race is on to stabilize the Midwest’s fuel supply before prices hit a breaking point. Joliet Supplies 11 Million Gallons a Day Exxon’s 2026 Joliet facility fact sheet says the refinery can process 275,000 barrels of crude per day and produce roughly 11 million gallons of gasoline and diesel every day. That represents 6% of Midwest refining capacity, with fuel shipped by pipeline to Illinois, Indiana, Iowa, Michigan, Ohio, Pennsylvania, and Wisconsin. That makes the shutdown more than a local inconvenience.

CBS Chicago reported that Joliet supplies about 10% of the Chicago area’s fuel, while Chicago gasoline prices were already around $4.80 a gallon earlier this week.

The bigger problem is timing. Global diesel supplies are already tight, and Reuters reported that U.S. diesel prices have climbed above $6 a gallon as refinery disruptions in the Middle East and Ukraine compound the pressure.

So how high can prices go?

The Longer Joliet Stays Dark, The Bigger The Risk There is no credible number yet for how much the shutdown will add to pump prices. That depends heavily on how quickly Exxon restores production and whether competing Midwest refineries can make up the shortfall. But the starting point is uncomfortable.

Illinois diesel is already at $6.50 a gallon, while Chicago regular gasoline has reached $5.14. Both are up sharply from a month ago. That means even a temporary Joliet outage arrives when consumers are already paying record or near-record prices.

For Exxon shareholders, however, the equation is different. A prolonged outage would reduce refinery output, but tighter gasoline and diesel markets can also widen refining margins for facilities that remain online. Exxon reported that stronger gasoline and diesel crack spreads helped lift fourth-quarter 2025 earnings.

Key Takeaway In short, investors should watch Joliet’s restart date more closely than any single day’s pump-price move. At 275,000 barrels per day, the refinery is too large to ignore, and the Midwest fuel market is already unusually tight. If Exxon gets Joliet running within days, the price impact could remain contained. If the floodwater and stabilization problems stretch into weeks, $6 and higher gasoline in parts of the Midwest becomes a much more plausible risk — while higher refining margins could benefit Exxon and other refiners still operating.

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Key Takeaways Exelon plans $41.7 billion in infrastructure investment over 2026-2029 as data-center demand rises.PG&E plans $73 billion in 2026-2030 investments as data-center demand expands growth opportunitiesCenturi's 2026 EPS estimate rose 4.62% in 60 days, while its times interest earned ratio stands at 1.4. Federal Reserve chair Kevin Warsh formally announced the much-anticipated benchmark interest rate hike by 25 basis points, taking the funds rate to 3.75% to 4.00%. This is the first rate increase since 2023, and Warsh indicated another round of rate hikes before the end of 2026.

The Federal Open Market Committee voted 12-0 to raise the key interest rate. The decision reflected elevated inflation, the ongoing Middle East crisis and resulting rise in oil prices, a stable U.S. labor market and solid economic activity supported by resilient consumer spending.

Rate hikes can benefit sectors such as banking by supporting higher interest income. For the capital-intensive Zacks Utilities sector, however, higher borrowing costs can be a headwind because utilities rely heavily on external financing to fund infrastructure investments. Rising interest rates increase the sector’s cost of capital, which can pressure margins and potentially constrain utilities’ ability to maintain consistent dividend payouts.

Some utilities appear better positioned to withstand the impact of higher interest rates and continue generating relatively stable returns. Exelon Corporation (EXC - Free Report) , PG&E Corporation (PCG - Free Report) and Centuri Holdings, Inc. (CTRI - Free Report) , among others, currently carry a VGM Score of either A or B and a Zacks Rank of #3 (Hold).

More Rate Hikes on the Way?The Fed policymakers strongly indicate another round of rate hikes before the end of the year.  The rate hike will assist in lowering the inflation rate to near the target level of 2% and encourage more savings. The interest rate hike continues to assume a strong job market over the long term.

The policymakers sounded quite positive in their outlook for the U.S. economy. Quite naturally, the Fed expects to increase interest rates once more in 2026.

Selecting the Right UtilitiesUtilities are traditionally averse to interest rate hikes. However, we have selected three utility stocks based on parameters so convincing that investors will think twice before ignoring them even after yesterday’s rate hike.

The qualifying criteria include a times interest earned ratio greater than 1, which means it has enough operating income to cover its current interest expenses and that the business is not in immediate danger of defaulting on its debt obligations. The stocks selected have shown improvement in earnings estimates in 2026.

Exelon Corporation is based in Chicago. It is focused solely on transmission and distribution operations and serves almost 11 million customers. Exelon continues to see rising high-density load interest across its service territories, led by data centers. To meet the rising demand, the company plans to expand infrastructure and plans to invest $41.7 billion over 2026-2029.

The times interest earned ratio of the company is currently pegged at 2.5; its beta is 0.3, and the Zacks Consensus Estimate for 2026 earnings per share has risen 0.35% in the past 60 days. The current dividend yield of the company is 3.98%. It carries a Zacks Rank #3 at present and has a VGM Score of B. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

PG&E Corporation is based in Oakland, CA. The utility generates revenues mainly through the sale and delivery of electricity and natural gas to customers. Rising demand from data centers continues to expand the company’s growth opportunities. The utility plans to invest $12.4 billion in 2026 and $73 billion over the 2026-2030 period, while identifying at least $5 billion of additional customer-beneficial investment opportunities beyond its current capital plan.

The company’s times interest earned ratio is currently pegged at 1.9, and its beta is 0.24. The Zacks Consensus Estimate for 2026 earnings per share indicates year-over-year growth of 10%. The current dividend yield of the company is 1.52%. It currently has a Zacks Rank #3 and a VGM Score of B.

Centuri Holdings is based in Phoenix, AZ. Centuri provides utility and energy infrastructure services, with operations spanning grid modernization, distributed power, hyperscale data centers and renewable energy projects, including offshore wind and battery storage. The company plans to invest $75-$90 million in 2026 to support its utility and infrastructure operations.

The times interest earned ratio of the company is currently pegged at 1.4, and the Zacks Consensus Estimate for 2026 earnings per share has risen 4.62% in the past 60 days. It has a Zacks Rank #3 and a VGM Score of A.

Three companies with nothing in common all sent checks to shareholders within the same two-day window, and the reasons behind each payment reveal something very different about where each business is headed.

Three unrelated dividend payers landed checks in shareholder accounts across a two-day window in September. Single-share holders collected $0.22 from Alphabet (NASDAQ:GOOGL | GOOGL Price Prediction) on September 14, $0.42 from Exelon (NASDAQ:EXC) on September 15, and $0.10 from Patterson-UTI Energy (NASDAQ:PTEN) on the same day. The total for one share of each is simple: $0.74 in cash across two consecutive business days.

The three names have almost nothing in common as businesses. That is what makes the coincidence worth a look for income investors trying to assess how each dividend is performing relative to the underlying company.

Three Dates Every Dividend Investor Should Know Every regular cash dividend runs through the same three-date sequence:

The declaration date is when the board formally authorizes the payment and states the per-share amount. The ex-dividend date is the first trading day on which a buyer no longer qualifies for the coming payment; owning the stock at the close the day before is what puts a shareholder on the list. The payment date is when the cash actually clears into brokerage accounts. All three of the checks discussed here have already been paid. Alphabet: Second Check at the Raised Quarterly Rate Alphabet paid its Class A, Class B, and Class C shareholders $0.22 per share on September 14, 2026. The payment was declared on July 22, 2026, with an ex-dividend date of September 4, 2026, and a record date of September 7, 2026.

This was the second payment at the $0.22 quarterly rate. The prior quarter, on June 15, 2026, Alphabet paid the same $0.22, which had been raised from the $0.21 paid on March 16, 2026. The comparable payment one year earlier, on September 15, 2025, was $0.21 per share. The trailing 12-month total is $0.86 per share, and the annualized forward figure is $0.88 per share.

Operationally, Alphabet is in a hyper-capex phase. Q2 FY26 revenue came in at $119.8 billion, up 24.2% year over year, with Google Cloud growing 82% and an operating margin of 34%. AI-related capital spending of $44.9 billion in the quarter drove free cash flow to negative $5.86 billion, and the company suspended its stock buyback program in Q2 2026.

The shares are up 10.2% year to date and 37.1% over the past year, closing most recently at $344.98. At the current share price, the yield remains slim, around 0.3%.

Exelon: Third Payment at the New Utility Rate Exelon paid common shareholders $0.42 per share on September 15, 2026. The declaration date was July 28, 2026, with an ex-dividend date and record date both of September 4, 2026.

This is the third consecutive quarterly payment at the $0.42 rate, following identical payments on June 15, 2026, and March 13, 2026. Prior to that, the utility paid $0.40 for four consecutive quarters, including the same-day-a-year-earlier payment on September 15, 2025. The trailing 12-month total is $1.66, with an annualized forward figure of $1.68.

Exelon is a fully regulated transmission and distribution holding company, parent of ComEd, PECO, BGE, Pepco, Delmarva Power, and Atlantic City Electric. Q1 FY26 revenue was $7.24 billion, up 7.9% year over year, and adjusted operating EPS of $0.91 beat the $0.89 estimate. Management targets a payout ratio of approximately 60% and projects 5% annual dividend growth, supported by a $41.7 billion capital plan for 2026 to 2029 and a 7.9% rate base growth pathway. Full-year 2026 adjusted operating EPS guidance is $2.81 to $2.91.

The stock closed at $42.20, down 8.0% over the past month and 3.2% year to date, with a trailing yield near 3.9%. Shares underperformed sector peers in Tuesday trading on September 15, 2026, according to MarketWatch.

Patterson-UTI: Third Check at the Raised Rate Patterson-UTI paid common shareholders $0.10 per share on September 15, 2026. The declaration date was July 29, 2026, with an ex-dividend date and record date both of September 1, 2026.

This is Patterson-UTI’s third consecutive quarterly payment at the $0.10 rate. The prior payments on June 15, 2026, and March 16, 2026, were also $0.10, marking a step up from the $0.08 quarterly rate paid from March 2023 through December 2025. The comparable payment one year earlier, on September 15, 2025, was $0.08 per share. Trailing 12-month cash dividends total $0.36 per share, with an annualized forward figure of $0.40.

Patterson-UTI is an oilfield services company running Drilling Services, Completion Services, Drilling Products, and Other segments, including the Ulterra and Emerald natural gas frac technology brands. Q2 FY26 revenue was $1.23 billion, up 0.7% year over year and 10% sequentially, with adjusted EPS of $0.00, beating a consensus estimate of negative $0.03. Management expects full-year 2026 free cash flow to more than cover dividend payments, and pricing on drilling contracts is up 10% to 15% versus the start of the year.

Shares closed at $12.71 on September 15, 2026, up 108.0% year to date and 134.9% over the past year. The trailing yield is near 3.1%.

What This Says for a Multi-Sector Income Portfolio The three checks landed across September 14 and September 15, 2026, but the reasons behind them could hardly be more different. Alphabet is a mega-cap technology company whose dividend policy is still young; the payout is small in absolute yield terms against a share price near $345, and the company is directing capital toward AI infrastructure rather than a buyback right now. Exelon is a fully regulated transmission and distribution utility running the checkbook on a roughly 60% payout target and a 5% annual growth plan tied to rate base expansion. Patterson-UTI is a cyclical oilfield services operator whose 25% step-up from $0.08 to $0.10 earlier in 2026 tracked the recovery in U.S. onshore activity.

Three raises, three entirely different corporate calendars, three different declaration dates. All three landing within a two-day window is a coincidence of record dates, with no implication for what will happen in December. For an income investor holding all three, the September window is a useful reminder of how a diversified dividend roster actually pays out: as a cluster of small cash payments spread across several days, each driven by the fundamentals of the underlying business. (We walked through how to build a ladder that pays you for life without selling a share in a free guide here.)

Contact [email protected] for any questions or corrections.

Key Takeaways Exelon's Q2 revenues rose 10% to $5.97B, while adjusted operating earnings climbed 10.3% to 43 cents.EXC is pursuing additional rate recovery to fund regulated utility investments and operating costs.Exelon plans to invest nearly $41.7B through 2029, supporting 7.9% average annual rate-base growth. Exelon (EXC - Free Report) is benefiting from stronger revenues, which are helping offset higher operating expenses and support overall financial performance. Revenue growth, supported by rate recovery and utility operations, is strengthening Exelon’s operating results.

In the second quarter of 2026, total operating revenues increased 10% year over year to $5.97 billion, supported by higher electric operating revenues of $5.71 billion, up from $5.37 billion a year ago. For the first six months, total operating revenues reached $13.21 billion, up 8.8% from $12.14 billion a year earlier.

Higher revenues helped EXC expand profitability despite an increase in operating costs. The company’s second-quarter operating income reached $979 million, up 5.6%, while adjusted operating earnings increased 10.3% to 43 cents per share, reflecting improved utility rate-related earnings.

Exelon is pursuing additional rate recovery through its regulated utilities. In July, EXC’s unit Baltimore Gas and Electric filed an electric distribution rate case with the Maryland Public Service Commission, seeking recovery of investments and operating costs needed to maintain a safe and reliable system.

Exelon plans to invest nearly $41.7 billion through 2029, supporting 7.9% average annual rate-base growth and adjusted operating earnings growth near the upper end of its 5-7% target range. Thus, rising utility revenues, rate recovery and ongoing grid investments could provide a durable foundation for earnings growth.

Higher Utility Revenues Offset Cost PressuresGrowth in utility revenues can help manage rising operating, maintenance and financing expenses while supporting consistent earnings. Additional revenues can provide greater flexibility for investing in infrastructure modernization and other essential projects.

FirstEnergy (FE - Free Report) second-quarter 2026 revenues rose 8.8% to $3.68 billion from $3.38 billion, while operating income increased 4.8% to $677 million, supported by stronger revenue growth.

NextEra Energy (NEE - Free Report) second-quarter 2026 revenues increased 12.4% to $7.53 billion, while operating income grew 17.1%, reflecting stronger performance across its utility and energy businesses.

The Zacks Rundown on EXCEXC’s Earnings EstimatesThe Zacks Consensus Estimate for 2026 and 2027 EPS indicates a year-over-year increase of 3.25% and 6.60%, respectively.

Image Source: Zacks Investment Research

EXC’s Dividend YieldExelon currently offers a 3.84% dividend yield, exceeding the Electric Power industry's 3.06% average over the past year.

Image Source: Zacks Investment Research

EXC’s Stock Price PerformanceIn the past six months, the company’s shares have plunged 10.7% compared with the industry’s 8.2% decline.

Image Source: Zacks Investment Research

EXC’s Zacks RankEXC currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks Rank  #1 (Strong Buy) stocks here.

Callan Family Office LLC purchased a new position in shares of Exelon Corporation (NASDAQ:EXC – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 18,452 shares of the company’s stock, valued at approximately $860,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EXC. Bell Investment Advisors Inc boosted its holdings in Exelon by 113.4% during the first quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock worth $26,000 after purchasing an additional 287 shares during the last quarter. Axiom Investment Management LLC acquired a new stake in Exelon in the 1st quarter valued at $27,000. Eastern Bank acquired a new stake in Exelon in the 2nd quarter valued at $26,000. Motiv8 Investments LLC bought a new stake in Exelon during the 4th quarter worth about $25,000. Finally, SHP Wealth Management bought a new stake in Exelon during the 4th quarter worth about $26,000. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes EXC has been the subject of a number of recent research reports. TD Cowen reduced their price objective on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Weiss Ratings downgraded Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. KeyCorp dropped their target price on Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a report on Wednesday, May 13th. Morgan Stanley reduced their price target on Exelon from $55.00 to $53.00 and set an “equal weight” rating for the company in a research report on Friday. Finally, Truist Financial decreased their price target on Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a research note on Thursday, August 13th. Four equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Exelon has an average rating of “Hold” and a consensus price target of $50.07.

Read Our Latest Report on Exelon Exelon Stock Performance NASDAQ EXC opened at $44.34 on Tuesday. The firm has a market capitalization of $45.77 billion, a P/E ratio of 16.24, a price-to-earnings-growth ratio of 2.65 and a beta of 0.31. The company has a current ratio of 1.09, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71. The firm’s fifty day moving average price is $46.22 and its two-hundred day moving average price is $46.71. Exelon Corporation has a 1 year low of $42.58 and a 1 year high of $50.65.

Exelon (NASDAQ:EXC – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). The firm had revenue of $5.97 billion during the quarter, compared to the consensus estimate of $5.44 billion. Exelon had a net margin of 10.99% and a return on equity of 9.81%. The business’s revenue was up 10.0% on a year-over-year basis. During the same period last year, the business earned $0.39 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, research analysts anticipate that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, September 4th will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 3.8%. The ex-dividend date is Friday, September 4th. Exelon’s dividend payout ratio (DPR) is 61.54%.

Exelon Profile (Free Report)

Exelon Corporation (NASDAQ: EXC) is a Chicago-based energy company that operates primarily as a regulated electric and natural gas utility holding company. The company’s businesses focus on the delivery of electricity and related services to residential, commercial and industrial customers, as well as investments in grid modernization, customer energy solutions and demand-side programs. Exelon’s operations emphasize reliable service delivery, infrastructure maintenance and regulatory compliance across its utility footprint.

Formed in 2000 through the merger of Unicom and PECO Energy, Exelon historically combined generation and regulated utility businesses.

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Archer Investment Corp acquired a new stake in Exelon Corporation (NASDAQ:EXC – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 15,165 shares of the company’s stock, valued at approximately $707,000.

A number of other large investors have also added to or reduced their stakes in EXC. Motiv8 Investments LLC acquired a new position in Exelon during the fourth quarter valued at $25,000. Leonteq Securities AG acquired a new stake in Exelon during the 4th quarter worth about $26,000. SHP Wealth Management purchased a new position in shares of Exelon during the 4th quarter valued at about $26,000. Bell Investment Advisors Inc lifted its holdings in shares of Exelon by 113.4% in the 1st quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock valued at $26,000 after buying an additional 287 shares during the period. Finally, Eastern Bank acquired a new stake in Exelon during the second quarter worth about $26,000. 80.92% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades A number of brokerages have recently commented on EXC. TD Cowen dropped their price objective on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, May 15th. Weiss Ratings cut Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Truist Financial cut their price target on Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a research note on Thursday, August 13th. Morgan Stanley reduced their price target on Exelon from $55.00 to $53.00 and set an “equal weight” rating for the company in a report on Friday, August 21st. Finally, KeyCorp lowered their price target on Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research report on Wednesday, May 13th. Four research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $50.07.

View Our Latest Report on Exelon Exelon Price Performance Shares of NASDAQ EXC opened at $43.93 on Friday. The stock has a market cap of $45.35 billion, a P/E ratio of 16.09, a P/E/G ratio of 2.66 and a beta of 0.31. Exelon Corporation has a twelve month low of $42.58 and a twelve month high of $50.65. The stock has a 50 day moving average of $46.08 and a two-hundred day moving average of $46.69. The company has a current ratio of 1.09, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71.

Exelon (NASDAQ:EXC – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). Exelon had a return on equity of 9.81% and a net margin of 10.99%.The firm had revenue of $5.97 billion for the quarter, compared to analyst estimates of $5.44 billion. During the same quarter last year, the firm earned $0.39 earnings per share. The company’s revenue was up 10.0% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, research analysts forecast that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, September 4th will be paid a dividend of $0.42 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.8%. Exelon’s dividend payout ratio is currently 61.54%.

Exelon Profile (Free Report)

Exelon Corporation (NASDAQ: EXC) is a Chicago-based energy company that operates primarily as a regulated electric and natural gas utility holding company. The company’s businesses focus on the delivery of electricity and related services to residential, commercial and industrial customers, as well as investments in grid modernization, customer energy solutions and demand-side programs. Exelon’s operations emphasize reliable service delivery, infrastructure maintenance and regulatory compliance across its utility footprint.

Formed in 2000 through the merger of Unicom and PECO Energy, Exelon historically combined generation and regulated utility businesses.

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Following the restoration of more than 410,000 customers after multiple rounds of severe weather in northern Illinois, ComEd is deploying more than 60 of its ow

CHICAGO--(BUSINESS WIRE)--Following the restoration of more than 410,000 customers after multiple rounds of severe weather in northern Illinois, ComEd is deploying more than 60 of its own employees to northwest Indiana to help NIPSCO complete restoration for its customers. More than 374,000 NIPSCO customers were initially impacted by the severe weather that moved through the area, and more than 30,000 remain without power. ComEd employees departed for Indiana on Aug. 22 and will remain in the a.

ComEd today joined local small-business owners and community leaders at Steps Inc. Consulting in Chicago to highlight how electric vehicle (EV) rebate programs, community partnerships and customer education efforts are helping accelerate transportation electrification across northern Illinois.

The event showcased several small businesses that have leveraged ComEd EV rebates and resources to begin transitioning their fleets to electric vehicles. Attendees heard firsthand how participating businesses are reducing barriers to fleet electrification while learning about funding opportunities available through ComEd's Business and Public Sector EV Purchase Program.

"Creating opportunities for businesses and communities to affordably participate in the clean energy transition is essential to accelerating EV adoption across northern Illinois," said Ajit Apte, SVP of Customer Operations at ComEd. "Through our EV Ambassador Program and EV rebate offerings, ComEd is helping connect customers with trusted community leaders, educational resources and financial incentives that make transportation electrification more accessible and affordable."

ComEd launched its EV Ambassador Program to help expand awareness of electric vehicle resources, incentives and educational opportunities available to customers throughout northern Illinois. The program works with trusted community leaders who serve as local advocates, helping customers learn about EV ownership, charging infrastructure, available rebates and fleet electrification opportunities. Through one-on-one engagement, community events and educational outreach, EV Ambassadors help connect customers with the resources needed to participate in Illinois' growing clean transportation economy.

One such ambassador is Nicole Wheatly, founder of Steps Inc. Consulting, who works directly with businesses and community members to raise awareness of available EV incentives and connect customers with resources that support transportation electrification.

Since launching in 2025, ComEd's EV Ambassador Program has engaged more than 350 customers through direct outreach and education efforts and supported more than 20 community events across northern Illinois. The program has helped generate interest in transportation electrification, contributing to 10 EV charging infrastructure and fleet electrification projects entering the development pipeline, five fleet electrification assessments and two electric vehicle installers joining the Electric Vehicle Service Provider network.

"Serving as an EV Ambassador has been a natural extension of the work we already do at Steps Inc. Consulting, which is connecting people with opportunities that can help them grow and succeed," said Nicole Wheatly, owner of Steps Inc. Consulting and ComEd EV Ambassador. "It's exciting to help fellow business owners learn about resources that can lower costs, support sustainability goals and position their businesses for the future."

Among the businesses highlighted during the event was Bronzeville Community Development Partnership, a nonprofit organization which leveraged ComEd's EV rebate offering to add an EV to its fleet. By transitioning a portion of its operations to an electric vehicle, the company expects to reduce fuel and maintenance costs while supporting broader sustainability goals.

A Nothing Bundt Cakes franchise in Chicago also leveraged the rebate program to add an electric delivery vehicle to its fleet, demonstrating how businesses of all sizes can take advantage of available incentives to begin electrifying their operations.

“As electric vehicle adoption continues to grow across Illinois, it is important that businesses of all sizes have access to the information, resources and incentives needed to participate in the transition to cleaner transportation,” said Megha Lakhchaura, Illinois State Electric Vehicle Officer. “Programs like ComEd’s EV Ambassador initiative help connect local businesses with trusted guidance and funding opportunities, supporting fleet electrification while advancing the state's broader transportation and clean energy goals.”

Growing EV adoption remains a key component of Illinois' Climate and Equitable Jobs Act (CEJA). Since 2024, ComEd has helped support the installation of more than 14,400 public and private charging ports and incentivized the purchase or lease of more than 3,900 electric vehicles across northern Illinois.

In 2026 alone, ComEd has:

Provided approximately $13.8 million through its EV Rebate Program, with 99% of rebate funding supporting vehicles in low-income and Equity Investment Eligible Communities.Helped fund more than 4,600 charging ports and incentivized the purchase or lease of 565 fleet electric vehicles.Delivered more than $52.5 million in rebates and supported more than 3,000 approved rebate applications across northern Illinois through the Business and Public Sector EV Purchase Program, Residential EV Charger and Installation Program and Make-Ready Programs.“The diesel truck fleets of many northern Illinois small businesses are old and in need of replacement with zero-emission EVs for the health of the drivers and the communities through which they drive and deliver. Fleet owners that switch to EVs avoid wildly rising and fluctuating diesel prices. They can be more certain of their total costs as electric vehicles reduce both fuel and maintenance costs,” said Susan Mudd, senior policy advocate at the Environmental Law & Policy Center.

“A recent Chicago region-focused study by Northwestern University researchers found that transitioning 30% of diesel trucks to electric would have significant air quality and health benefits: lower concentrations of health-threatening NO2 and PM2.5 pollutants, reduced health disparities from air pollution exposure now experienced by Black and Hispanic/Latino residents, and fewer climate-changing CO2 emissions. So, ComEd’s EV rebates are good news for small business owners ready to try switching to quiet, zero-emission electrics.”

Creating EV opportunities for customers and communities remains essential as adoption continues to grow across the state. Nearly 176,000 electric vehicles are currently on Illinois roads, including more than 158,000 within ComEd's service territory.

Funding remains available for eligible and select fleet vehicle purchases and leases through ComEd's EV rebate offerings. To learn more about available EV rebates, fleet electrification opportunities and ComEd's EV Ambassador Program, go to ComEd.com/EV.

About ComEd

ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 company and one of the nation’s largest utility companies, serving more than 10.7 million electricity and natural gas customers. ComEd powers the lives of more than 4.2 million customers across northern Illinois, or 70 percent of the state’s population. For more information, visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X and YouTube.

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Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.

Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.

Exelon (EXC - Free Report) is headquartered in Chicago, and is in the Utilities sector. The stock has seen a price change of 3.92% since the start of the year. The energy company is paying out a dividend of $0.42 per share at the moment, with a dividend yield of 3.71% compared to the Utility - Electric Power industry's yield of 3.19% and the S&P 500's yield of 1.32%.

Looking at dividend growth, the company's current annualized dividend of $1.68 is up 5% from last year. Over the last 5 years, Exelon has increased its dividend 3 times on a year-over-year basis for an average annual increase of 0.70%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Exelon's current payout ratio is 60%, meaning it paid out 60% of its trailing 12-month EPS as dividend.

Looking at this fiscal year, EXC expects solid earnings growth. The Zacks Consensus Estimate for 2026 is $2.86 per share, representing a year-over-year earnings growth rate of 3.25%.

From greatly improving stock investing profits and reducing overall portfolio risk to providing tax advantages, investors like dividends for a variety of different reasons. But, not every company offers a quarterly payout.

High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. That said, they can take comfort from the fact that EXC is not only an attractive dividend play, but is also a compelling investment opportunity with a Zacks Rank of #2 (Buy).

MERCURY NEWS PHOTO BY JOANNE HOYOUNG LEE—AUGUST 9, 2002 —Boxes of obsolete motherboards, computers, printers, and other misc etrash wait to be processed into the high powered shredder at the HP Recycling Center in Roseville, CA. S(Photo by MediaNews Group/The Mercury News via Getty Images)

MediaNews Group via Getty Images

Ask Alexander Olesen why he founded Buckstop, and he replies: Why does a retired EV charger, still packed with several thousand dollars of recoverable metal, get valued by lenders and insurers at zero? Olesen calls that gap a “price discovery problem”—the reason his Washington, D.C.-based startup built an AI system that deconstructs solar panels, batteries and EV chargers into their component metals and assigns them real-time salvage, resale and replacement values. Olesen wants to become “the Kelley Blue Book for electronics” in a U.S. energy-infrastructure market he estimates at $2.4 trillion.

In August, the Exelon Foundation added Buckstop and Public Grid, which helps renters access energy-savings programs, to its portfolio. The foundation writes “modest” checks—up to $300,000 per startup—paired with the access, credibility, and hands-on support that only a utility serving nearly 11 million customers can offer. Buckstop and Public Grid are simply the latest test cases; the foundation is now accepting applications for its next 2c2i round through September 2026.

“We see strong businesses and their climate impact as directly tied together,” Faith Davis, who leads the foundation’s program--known as 2c2i--told me. “That is from the foundation lens, which is a bit unique from the corporate venture investing space, but that’s our lens and why we’re doing what we do.”

Since 2019, the Exelon Foundation has invested in more than 30 climate and clean-energy startups through 2c2i, part of a $20 million commitment to climate-focused investment and entrepreneurship. Those startups have gone on to raise more than $555 million in follow-on capital, generate $548 million in revenue, and create 3,558 jobs, according to Exelon’s 2025 sustainability report. Cumulatively, the portfolio has removed or avoided more than 1.2 million metric tons of carbon dioxide equivalent.

That $20 million adds credibility: for every dollar Exelon has deployed, its portfolio companies have raised roughly $28 more from other investors. National Grid Partners, by contrast, has put $500 million to work since 2018 and reports unlocking $3 billion in follow-on funding—a roughly 6-to-1 ratio. They simply scale differently: National Grid built an internal venture team to write bigger checks itself; Exelon’s foundation uses a smaller pool of dollars to open doors elsewhere.

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A Bridge, Not Just a CheckAlexander Olesen, founder of Buckstop, speaks to Exelon Foundation, which helped finance his company. It recycles batteries and EV chargers and solar panels and assigns their component parts a resale value.

Exelon Foundation

Exelon provides more than capital. “It is the best of both worlds,” Olesen told me, referring to the relationship. “They are the perfect customer for us.” Exelon manages transformers, cables, EV chargers and battery storage across six regulated utilities—exactly the kind of aging infrastructure Buckstop’s software is built to value—and Cox Enterprises, the owner of Kelley Blue Book, is also an investor.

The math is stark: more than 80% of electronics still end up in a landfill, by Olesen’s estimate, and he puts the carbon footprint of recycled metal at roughly 97% lower than virgin material. Reuse, though, carries a stigma other industries have shed. “If you look at any other sector, the auto sector—it’s like 97% of cars have multiple owners,” Olesen said. “In energy, when these things come offline, they’re built to be lost. Circularity—reducing waste to landfills—is both at its core operational efficiency and good business, but it’s also about increasing access and reducing emissions.”

That operational efficiency carries a broader geopolitical weight. With China dominating 70% to 80% of the world’s critical mineral refining capacity, domestic recovery of copper, lithium, and rare earths from retired EV chargers and solar hardware isn’t just an environmental play. It also provides an element of national energy security. Assigning real-time salvage value to discarded grid components turns regional utility scrap into a domestic supply buffer, blunting the impact of foreign supply chain chokepoints.

The other new addition to Exelon’s portfolio, Public Grid, is chasing a more mundane but equally stubborn problem: getting renters to actually sign up for the energy programs already built to lower their bills. The company automatically offers residents community solar subscriptions, demand-response programs, and efficiency rebates without a separate sign-up. Public Grid now works with property owners, managers, and leasing platforms covering more than 750,000 housing units nationwide, alongside backers including Shadow Ventures and Alpaca VC.

“They’ve had very high engagement with people who typically don’t think about these things because they’re renting,” Davis says. For a utility trying to reach a population that moves often, doesn’t own a roof to put solar panels on, and rarely calls in to ask about savings programs, this relationship has value.

Critics Weigh InCorporate-branded climate programs invite skepticism, and Exelon’s foundation model has real limits. A $20 million commitment, spread over seven years and roughly 30 companies, is a fraction of what the biggest utilities are now spending: Duke Energy, for one, raised its five-year capital plan to $103 billion this year. Exelon Foundation checks, capped at $300,000, are seed-sized by venture standards. And Davis acknowledges the foundation doesn’t hold portfolio companies to a specific emissions target, although the company wants to have a major impact.

Critics could reasonably ask whether such loose goals are realistic for these ventures—or an excuse not to dive in headfirst.

The numbers argue against dismissing 2c2i as a PR exercise, though. Davis is emphatic that the investments are equity stakes, not grants. Indeed, Exelon expects a financial return, which funds future investments and other foundation programs.

The $555 million in follow-on capital that outside investors have committed to 2c2i companies is real money, catalyzed by Exelon’s initial bet, not its marketing budget. National Grid Partners cites industry research suggesting startups backed by corporate investors succeed at roughly double the rate of those backed only by financial VCs. Exelon isn’t alone in this: a 2025 survey of utility innovation leaders found 42% were working with startups to drive innovation, up from 26% a year earlier—evidence Exelon’s approach is part of a broader industry shift.

That 42% figure comes from National Grid Partners’ own Utility Innovators Survey of 166 innovation leaders at utility companies worldwide, fielded ahead of this year’s NextGrid Alliance Summit. It’s a useful signal, not an independent census: National Grid Partners has a stake in that narrative, the sample wasn’t broken out by utility type, size, or country, and last year’s 26% figure came from a slightly different question. Still, it points in the same direction as the dollars utilities like Exelon and National Grid are actually deploying.

“It’s been a privilege to help turn promising ideas into pilot projects,” said Najwa Abhoussan, an Exelon director of technology research and development who serves as a 2c2i liaison, “and hopefully into lasting solutions that will benefit communities for decades to come.”

Whether utility-backed venture bets like these are moving the needle on climate at scale remains an open question. The portfolios behind them are still young, and the emissions any one program can point to are small next to what the sector still emits. But the jobs, revenue, and follow-on capital already flowing through 2c2i suggest these investments are generating more than good press. For Exelon, the wager is that a foundation writing modest checks can still make a real dent.

CHICAGO--(BUSINESS WIRE)--ComEd has restored power to approximately 99% of customers impacted by the Aug. 11-12 storms, nearly completing one of the company's largest restoration efforts of the year. More than 4,500 personnel, contractors and mutual assistance crews supported the response after destructive winds, tornadoes and repeated rounds of severe weather damaged electric infrastructure and disrupted service to nearly 410,000 customers. Crews remain in the field restoring service to remain.

CHICAGO--(BUSINESS WIRE)--ComEd has restored power to more than 80 percent of customers impacted by the severe storms that moved through northern Illinois on August 11 and August 12, bringing destructive winds approaching 100 mph, heavy rainfall, frequent lightning and multiple confirmed tornadoes across portions of the company's service territory. The storms caused widespread damage, downing trees, damaging homes and businesses, breaking utility poles, and disrupting service to nearly 410,000.

CHICAGO--(BUSINESS WIRE)--The Exelon Foundation has added two new companies to its Climate Change Investment Initiative (2c2i) portfolio: Public Grid and Buckstop. The investments reflect Exelon's commitment to supporting solutions that improve affordability, make better use of resources and contribute to a more reliable and sustainable energy future. As electricity demand continues to grow, keeping energy affordable will require innovation across the energy sector. Public Grid is helping conne.

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.

The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.

Zacks Premium includes access to the Zacks Style Scores as well.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.

The Style Scores are broken down into four categories:

Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.

It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.

That's where the Style Scores come in.

To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Exelon (EXC - Free Report) Chicago, IL-based Exelon Corporation completed the previously announced separation of the power generation and competitive energy business, namely Constellation Energy Corp., into a separate entity, which will trade under the symbol “CEG”. Exelon retained the transmission and distribution utility business, which will continue to be called Exelon and trade under the symbol “EXC”. The separation was completed on Feb 1, 2022. 

EXC is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.

It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 15.93; value investors should take notice.

Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.01 to $2.86 per share. EXC boasts an average earnings surprise of +6.7%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, EXC should be on investors' short list.

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.

While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.

Based in Chicago, Exelon (EXC - Free Report) is in the Utilities sector, and so far this year, shares have seen a price change of 5.12%. The energy company is paying out a dividend of $0.42 per share at the moment, with a dividend yield of 3.67% compared to the Utility - Electric Power industry's yield of 3.08% and the S&P 500's yield of 1.34%.

Looking at dividend growth, the company's current annualized dividend of $1.68 is up 5% from last year. Over the last 5 years, Exelon has increased its dividend 3 times on a year-over-year basis for an average annual increase of 0.70%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Exelon's current payout ratio is 60%, meaning it paid out 60% of its trailing 12-month EPS as dividend.

EXC is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2026 is $2.86 per share, representing a year-over-year earnings growth rate of 3.25%.

Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. However, not all companies offer a quarterly payout.

For instance, it's a rare occurrence when a tech start-up or big growth business offers its shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. That said, they can take comfort from the fact that EXC is not only an attractive dividend play, but also represents a compelling investment opportunity with a Zacks Rank of #2 (Buy).