Duke Energy Co. (NYSE:DUK – Free Report) – Equities researchers at Zacks Research reduced their Q1 2025 EPS estimates for Duke Energy in a research note issued on Wednesday, October 9th. Zacks Research analyst A. Dutta now anticipates that the utilities provider will earn $1.39 per share for the quarter, down from their previous forecast of $1.42. The consensus estimate for Duke Energy’s current full-year earnings is $5.97 per share. Zacks Research also issued estimates for Duke Energy’s Q2 2025 earnings at $1.18 EPS and Q3 2025 earnings at $1.97 EPS.
A number of other analysts also recently issued reports on DUK. Scotiabank lifted their price objective on shares of Duke Energy from $104.00 to $113.00 and gave the stock a “sector perform” rating in a report on Tuesday, August 20th. Wells Fargo & Company lifted their price target on shares of Duke Energy from $110.00 to $122.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 7th. Barclays lifted their price objective on Duke Energy from $102.00 to $118.00 and gave the company an “overweight” rating in a research report on Tuesday, October 1st. Evercore ISI raised their target price on shares of Duke Energy from $108.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Finally, Jefferies Financial Group assumed coverage on shares of Duke Energy in a research report on Thursday, September 19th. They set a “buy” rating and a $138.00 price objective for the company. Seven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $120.15.
Duke Energy Price Performance
DUK stock opened at $114.17 on Monday. The firm has a market capitalization of $88.11 billion, a P/E ratio of 28.69, a price-to-earnings-growth ratio of 3.06 and a beta of 0.46. Duke Energy has a 12 month low of $85.79 and a 12 month high of $118.31. The firm has a 50 day moving average of $114.38 and a 200-day moving average of $106.03. The company has a current ratio of 0.81, a quick ratio of 0.53 and a debt-to-equity ratio of 1.56.
Duke Energy (NYSE:DUK – Get Free Report) last announced its earnings results on Tuesday, August 6th. The utilities provider reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.16. The firm had revenue of $7.17 billion during the quarter, compared to analyst estimates of $6.84 billion. Duke Energy had a return on equity of 9.71% and a net margin of 14.29%. The business’s revenue was up 9.0% compared to the same quarter last year. During the same period last year, the firm posted $0.91 EPS.
Duke Energy Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 15th will be issued a dividend of $1.045 per share. The ex-dividend date is Friday, November 15th. This represents a $4.18 dividend on an annualized basis and a yield of 3.66%. Duke Energy’s dividend payout ratio is currently 105.03%.
Insider Activity
In other news, EVP Louis E. Renjel sold 540 shares of the company’s stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $113.64, for a total transaction of $61,365.60. Following the transaction, the executive vice president now owns 19,884 shares in the company, valued at $2,259,617.76. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.10% of the company’s stock.
Hedge Funds Weigh In On Duke Energy
Large investors have recently bought and sold shares of the business. Northwest Investment Counselors LLC acquired a new stake in shares of Duke Energy in the first quarter worth approximately $25,000. Fortitude Family Office LLC raised its holdings in shares of Duke Energy by 69.6% in the 2nd quarter. Fortitude Family Office LLC now owns 290 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 119 shares during the period. Olistico Wealth LLC acquired a new stake in Duke Energy during the 2nd quarter worth approximately $30,000. Riverview Trust Co purchased a new position in Duke Energy in the first quarter valued at approximately $30,000. Finally, Sachetta LLC increased its position in shares of Duke Energy by 41.9% in the second quarter. Sachetta LLC now owns 325 shares of the utilities provider’s stock worth $36,000 after acquiring an additional 96 shares in the last quarter. Hedge funds and other institutional investors own 65.31% of the company’s stock.
About Duke Energy
Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments: Electric Utilities and Infrastructure (EU&I), and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest.
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