Duke Energy (NYSE:DUK) Issues Earnings Results

Duke Energy (NYSE:DUK) released its quarterly earnings results on Thursday. The utilities provider reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.61 by $0.05, Zacks reports. Duke Energy had a return on equity of 9.34% and a net margin of 14.31%. Duke Energy updated its FY 2025 guidance to 6.170-6.420 EPS.

Duke Energy Trading Down 0.5 %

Duke Energy stock traded down $0.52 during trading on Friday, reaching $112.39. 1,143,503 shares of the company were exchanged, compared to its average volume of 3,190,556. The stock’s 50 day simple moving average is $109.86 and its two-hundred day simple moving average is $112.94. The company has a market capitalization of $86.82 billion, a P/E ratio of 20.69, a PEG ratio of 2.83 and a beta of 0.50. Duke Energy has a 52-week low of $90.09 and a 52-week high of $121.25. The company has a debt-to-equity ratio of 1.55, a current ratio of 0.70 and a quick ratio of 0.45.

Duke Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 14th will be given a $1.045 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $4.18 annualized dividend and a dividend yield of 3.72%. Duke Energy’s dividend payout ratio (DPR) is presently 76.84%.

Analyst Ratings Changes

DUK has been the topic of a number of research reports. BMO Capital Markets increased their price objective on Duke Energy from $119.00 to $124.00 and gave the company an “outperform” rating in a report on Monday, February 3rd. KeyCorp lowered Duke Energy from an “overweight” rating to a “sector weight” rating in a report on Tuesday, October 22nd. Morgan Stanley dropped their target price on Duke Energy from $122.00 to $118.00 and set an “equal weight” rating on the stock in a report on Friday, November 22nd. Finally, Scotiabank raised their price objective on Duke Energy from $113.00 to $120.00 and gave the company a “sector perform” rating in a report on Thursday, December 12th. Six research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $122.08.

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.