Duke Energy Co. (NYSE:DUK - Free Report) - Equities researchers at Scotiabank issued their FY2026 earnings estimates for shares of Duke Energy in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst A. Weisel anticipates that the utilities provider will earn $6.72 per share for the year. Scotiabank has a "Sector Perform" rating and a $120.00 price target on the stock. The consensus estimate for Duke Energy's current full-year earnings is $5.95 per share.
A number of other research analysts have also commented on the company. Mizuho upgraded Duke Energy from a "neutral" rating to an "outperform" rating and increased their price objective for the company from $116.00 to $121.00 in a research report on Tuesday, October 15th. BMO Capital Markets upped their target price on shares of Duke Energy from $120.00 to $126.00 and gave the company an "outperform" rating in a research report on Wednesday, September 18th. Barclays boosted their price target on shares of Duke Energy from $102.00 to $118.00 and gave the stock an "overweight" rating in a research note on Tuesday, October 1st. KeyCorp lowered shares of Duke Energy from an "overweight" rating to a "sector weight" rating in a report on Tuesday, October 22nd. Finally, Jefferies Financial Group assumed coverage on Duke Energy in a research report on Thursday, September 19th. They issued a "buy" rating and a $138.00 price target on the stock. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $122.23.
Read Our Latest Stock Analysis on DUK
Duke Energy Price Performance
Shares of NYSE:DUK traded down $2.30 during midday trading on Friday, reaching $105.93. 2,998,145 shares of the company's stock were exchanged, compared to its average volume of 3,117,874. The firm has a market capitalization of $81.83 billion, a PE ratio of 19.47, a price-to-earnings-growth ratio of 2.90 and a beta of 0.49. The company's 50 day simple moving average is $111.00 and its two-hundred day simple moving average is $111.62. Duke Energy has a 12 month low of $90.09 and a 12 month high of $121.25. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.45 and a current ratio of 0.70.
Duke Energy (NYSE:DUK - Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The utilities provider reported $1.62 EPS for the quarter, missing the consensus estimate of $1.73 by ($0.11). The firm had revenue of $8.16 billion during the quarter, compared to analyst estimates of $8.06 billion. Duke Energy had a net margin of 14.31% and a return on equity of 9.34%. The company's revenue was up 2.1% on a year-over-year basis. During the same period last year, the company earned $1.94 EPS.
Institutional Investors Weigh In On Duke Energy
Institutional investors have recently made changes to their positions in the company. Pathway Financial Advisers LLC grew its holdings in Duke Energy by 11,471.4% in the 3rd quarter. Pathway Financial Advisers LLC now owns 6,777,973 shares of the utilities provider's stock valued at $781,500,000 after buying an additional 6,719,398 shares in the last quarter. Groupama Asset Managment acquired a new position in shares of Duke Energy in the third quarter valued at about $2,537,000. Zimmer Partners LP bought a new position in Duke Energy during the third quarter worth about $166,263,000. International Assets Investment Management LLC boosted its holdings in Duke Energy by 13,829.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,125,607 shares of the utilities provider's stock valued at $129,782,000 after purchasing an additional 1,117,526 shares during the period. Finally, Mackenzie Financial Corp grew its position in shares of Duke Energy by 65.7% during the 2nd quarter. Mackenzie Financial Corp now owns 2,052,969 shares of the utilities provider's stock worth $205,769,000 after purchasing an additional 813,744 shares in the last quarter. Institutional investors own 65.31% of the company's stock.
Duke Energy Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 14th will be issued a dividend of $1.045 per share. This represents a $4.18 annualized dividend and a yield of 3.95%. The ex-dividend date of this dividend is Friday, February 14th. Duke Energy's dividend payout ratio is 76.84%.
About Duke Energy
(
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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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