Exelon (EXC) delivered earnings and revenue surprises of 2.35% and -6.13%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Will the new coronavirus cause a recession in US in the next 6 months? On February 27th, we put the probability at 75% and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to […]
Exelon Corporation (Nasdaq: EXC) today reported its financial results for the first quarter of 2020.
Today we'll look at Exelon Corporation (NASDAQ:EXC) and reflect on its potential as an investment. To be precise...
Exelon's (EXC) first-quarter earnings are likely to have been affected by outages at nuclear units, and decline in demand from commercial and industrial customers due to the outbreak of COVID-19.
Q1 2020 Exelon Corp Earnings Call
Moody's Investors Service, ("Moody's") today affirmed Delmarva Power & Light Company's (DPL) ratings, including its senior unsecured rating of Baa1, senior secured rating of A2 and short-term rating for commercial paper of P-2. The outlook is stable.
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Are you looking for a wild ride or are you looking for consistent income? For a de-risked portfolio and solid dividends, utilities stocks are a time-tested favorite investment option.Along with the dividends, utilities stocks are considered relatively safe because they provide power to homes and businesses. This is considered a necessity that never goes out of style. * 7 Sluggish Stocks Hit Hard by Coronavirus This Earnings Season It's a sound policy to stick to the best companies in any sector. When it comes to utilities companies, five names are well-regarded and have a long history:InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Duke Energy (NYSE:DUK) * Southern (NYSE:SO) * Dominion Energy (NYSE:D) * Consolidated Edison (NYSE:ED) * Excelon (NASDAQ:EXC)Feel free to explore these utilities stocks and see if they deserve a place among your low-volatility holdings. Utilities Stocks to Buy: Duke Energy (DUK)Source: jadimages / Shutterstock.com Like just about every company in the United States, Duke Energy is dealing with the Covid-19 crisis. This particular company seems to be taking the situation in stride, however.Consider Duke's first-quarter net income, which came out to $899 million. That's just about exactly in line with the same quarter of the previous year, when Duke's net income was $900 million. Meanwhile, this year's first-quarter revenue totaled $5.95 billion, which is not too far below the $6.16 billion reported in the first quarter of the prior year.So, while there is some pressure being felt during the pandemic, it's not too severe. For the time being, DUK stockholders can ride out the crisis with a decent 4.54% forward annual dividend yield. Southern (SO)Source: Shutterstock "Critical infrastructure businesses like ours never take a day off," observed Thomas A. Fanning, the president and CEO of utilities giant Southern. Fanning's 100% right about that as Southern is an essential utilities provider for around 8 million customers.Southern remains in good fiscal health, as well. For 2020's first quarter, the company posted adjusted earnings per share of 78 cents. That's an eight-cent year-over-year increase as well as 6 cents greater than the company's estimate. * 10 Best High-Growth Stocks to Buy for Young Investors SO stock is a safe bet since it has such a massive presence and is crucial to people's standard of living. It's also a dividend achiever with a forward annual yield of 4.78%. All in all, this pick deserves to be on anyone's top utilities stocks list. Dominion Energy (D)Source: Riccardo Annandale Via UnsplashIf you said that D stock is recession-proof, you'd by exaggerating but only slightly. The shares have held up fairly well during the novel coronavirus crisis. Besides, the 4.77% forward annual dividend yield is a strong incentive to hold the stock.Fiscally, Dominion Energy has held up reasonably well despite the pandemic. For the first quarter of this year, Dominion reported total revenues of $4.5 billion. That's actually a marked improvement over the revenues of $3.9 billion Dominion generated in the year-ago quarter.With over 7 million customers across 20 U.S. states relying on Dominion for their energy needs, this company's a mainstay in the utilities sector and D stock is a highly reliable income generator. Consolidated Edison (ED)Source: Shutterstock Like to invest in companies that have been around for a while? If so, take a look at Consolidated Edison, which was founded way back in 1884. If you happen to reside in New York or New Jersey, there's a fair chance that your electricity service is provided by this esteemed company.Has "Con Ed" been able to weather the Covid storm? The answer would be yes as the company's adjusted earnings for the first quarter totaled $451 million. That's $1.35 per share and it beats the $448 million, or $1.39 per share, generated during the same quarter of last year. * Missing copy for url 1. Please edit. * Url 1 is an external link. Please edit.Plus, ED stock features a trailing 12-month price-to-earnings ratio of 18.15 and a forward annual dividend yield of 4.32%. Those are nice stats and this stock should perform well even in these challenging times. Excelon (EXC)Source: Shutterstock This one's a little bit different from the other utilities-sector stocks on this list. Excelon is a relative newcomer, having been incorporated in 1999. Plus, EXC stock is the only name on this list that's traded on the Nasdaq.So, it could be argued that Excelon is a more "modern" utilities company. Its true strength, however, is that it's diversified with fossil, nuclear, hydroelectric, wind and solar segments.With 87 cents per share in operating earnings for 2020's first quarter, Excelon remains on par with its results from the same quarter of last year. Additionally, a trailing 12-month price-to-earnings ratio of 13.79 and a forward annual dividend yield of 4.17% indicate a compelling value with EXC stock.David Moadel has provided compelling content - and crossed the occasional line - on behalf of Crush the Street, Market Realist, TalkMarkets, Finom Group, Benzinga, and (of course) InvestorPlace.com. He also serves as the chief analyst and market researcher for Portfolio Wealth Global and hosts the popular financial YouTube channel Looking at the Markets. As of this writing, David Moadel did not hold a position in any of the aforementioned securities. More From InvestorPlace * Top Stock Picker Reveals His Next 1,000% Winner * America's Richest ZIP Code Holds Shocking Secret * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post 5 Utilities Stocks That Will Help Pay the Bills appeared first on InvestorPlace.
ComEd is asking the Illinois Commerce Commission (ICC) for a decrease in the amount it charges customers and announced it is extending the period it will suspend all service disconnections and new late charges until at least June 1.
It is now my pleasure to turn today's program over to Dan Eggers, Senior Vice President of Corporate Finance. Leading the call today are Chris Crane, Exelon's President and Chief Executive Officer; and Joe Nigro, Exelon's Chief Financial Officer.
Four of Exelon Generation’s six Illinois nuclear plants safely completed refueling outages during the COVID-19 pandemic, setting new operational records at each facility. Braidwood, Byron, LaSalle and Quad Cities all delivered record outages while implementing proactive measures to keep workers safe and virus-free.
Exelon (EXC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.3825 per share on Exelon’s common stock. The dividend is payable on Wednesday, June 10, 2020, to shareholders of record of Exelon as of 5 p.m. Eastern time on Friday, May 15, 2020.
The utilities sector is made up of companies that provide electricity, natural gas, water, sewage and other services to homes and businesses. Many of these companies are heavily regulated, and include Duke Energy Corp. (DUK), Southern Co. (SO), and American Electric Power Co. Inc. (AEC). Utilities stocks, as represented by the Utilities Select Sector SPDR ETF (XLU), have underperformed the broader market with a total return of -0.7% compared to the S&P 500's total return of 8.7% over the past 12 months. These market performance numbers and the statistics in the tables below are as of May 26.
High sales and earnings at reasonable prices Continue reading...
Exelon (EXC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Lower Energy Prices to Decrease Average ComEd Residential Bills; New "Price to Compare" begins in June
Dividend paying stocks like Exelon Corporation (NASDAQ:EXC) tend to be popular with investors, and for good reason...
Exelon's (EXC) first-quarter earnings surpass estimates. The company trims its 2020 earnings guidance, taking into account the potential impact of COVID-19 on demand in the coming months.