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Exelon Corporation (NASDAQ:EXC) stock has reached a new 52-week high, hitting $43.45 amid a bullish run in the utilities sector. InvestingPro data indicates the stock is trading in overbought territory, with a market capitalization of $43.63 billion. This peak represents a significant milestone for the company, reflecting a robust performance over the past year. Investors have shown increased confidence in Exelon, as evidenced by the stock’s impressive 24.19% return over the past year. The company maintains a healthy 3.71% dividend yield and has consistently paid dividends for 55 consecutive years. According to InvestingPro analysis, which offers 8 additional key insights about EXC, the stock currently appears overvalued relative to its Fair Value. The company’s strategic initiatives and strong operational execution have contributed to this upward trajectory, positioning Exelon favorably in the eyes of shareholders and market analysts alike. Four analysts have recently revised their earnings expectations upward for the upcoming period, while the stock maintains relatively low price volatility with a beta of 0.62.
In other recent news, Exelon Corporation reported impressive fourth-quarter results, surpassing analyst expectations. The company achieved an adjusted earnings per share of $0.64, exceeding the consensus estimate of $0.60. Revenue for the quarter reached $5.47 billion, significantly higher than the projected $4.67 billion. For the full year 2024, Exelon posted an adjusted EPS of $2.50 and a 4.8% increase in total revenue, amounting to $23.03 billion. Looking forward, Exelon provided a 2025 adjusted EPS guidance of $2.64-$2.74, surpassing the $2.63 analyst forecast at the midpoint. Additionally, Exelon successfully closed a $1 billion public offering of junior subordinated notes with a 6.5% interest rate, due in 2055. The net proceeds from this offering totaled approximately $990 million. The company has outlined plans to invest $38 billion in capital expenditures over the next four years to enhance grid reliability and meet customer needs. Exelon has also declared a quarterly dividend of $0.40 per share for the first quarter of 2025.
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