FY2025 EPS Estimates for Duke Energy Co. (NYSE:DUK) Lowered by Seaport Res Ptn

Duke Energy Co. (NYSE:DUK) – Equities research analysts at Seaport Res Ptn dropped their FY2025 EPS estimates for shares of Duke Energy in a report issued on Monday, July 29th. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will post earnings per share of $6.34 for the year, down from their prior forecast of $6.35. The consensus estimate for Duke Energy’s current full-year earnings is $5.97 per share. Seaport Res Ptn also issued estimates for Duke Energy’s FY2026 earnings at $6.72 EPS, FY2027 earnings at $7.07 EPS and FY2028 earnings at $7.41 EPS.

Duke Energy (NYSE:DUK) last announced its earnings results on Tuesday, May 7th. The utilities provider reported $1.44 EPS for the quarter, topping the consensus estimate of $1.39 by $0.05. The business had revenue of $7.67 billion during the quarter, compared to the consensus estimate of $7.31 billion. Duke Energy had a net margin of 10.78% and a return on equity of 9.25%. Duke Energy’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.20 EPS.

Several other equities analysts have also recently commented on DUK. BMO Capital Markets dropped their target price on shares of Duke Energy from $110.00 to $109.00 and set an “outperform” rating for the company in a research report on Thursday, July 11th. Morgan Stanley dropped their target price on shares of Duke Energy from $103.00 to $98.00 and set an “equal weight” rating for the company in a research report on Monday, June 24th. Barclays lifted their price target on shares of Duke Energy from $99.00 to $102.00 and gave the company an “overweight” rating in a report on Thursday, July 11th. Mizuho lifted their price target on shares of Duke Energy from $89.00 to $99.00 and gave the company a “neutral” rating in a report on Friday, April 5th. Finally, Scotiabank decreased their price target on shares of Duke Energy from $101.00 to $94.00 and set a “sector perform” rating on the stock in a report on Monday, April 22nd. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Duke Energy currently has a consensus rating of “Moderate Buy” and an average price target of $102.58.

Duke Energy Price Performance

Shares of Duke Energy stock opened at $109.27 on Tuesday. Duke Energy has a twelve month low of $83.06 and a twelve month high of $110.03. The company has a quick ratio of 0.50, a current ratio of 0.78 and a debt-to-equity ratio of 1.54. The company has a 50-day simple moving average of $103.12 and a two-hundred day simple moving average of $98.63. The stock has a market capitalization of $84.33 billion, a price-to-earnings ratio of 27.45, a price-to-earnings-growth ratio of 2.99 and a beta of 0.45.

Duke Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 16th. Shareholders of record on Friday, August 16th will be given a dividend of $1.045 per share. The ex-dividend date of this dividend is Friday, August 16th. This is a positive change from Duke Energy’s previous quarterly dividend of $1.03. This represents a $4.18 annualized dividend and a yield of 3.83%. Duke Energy’s payout ratio is presently 103.02%.

Insider Buying and Selling at Duke Energy

In other Duke Energy news, EVP Julia S. Janson sold 10,000 shares of Duke Energy stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $102.79, for a total transaction of $1,027,900.00. Following the completion of the sale, the executive vice president now directly owns 68,657 shares in the company, valued at $7,057,253.03. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, Director E Marie Mckee sold 1,695 shares of Duke Energy stock in a transaction on Tuesday, May 14th. The shares were sold at an average price of $102.31, for a total value of $173,415.45. Following the transaction, the director now directly owns 4 shares of the company’s stock, valued at $409.24. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Julia S. Janson sold 10,000 shares of Duke Energy stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $102.79, for a total transaction of $1,027,900.00. Following the completion of the transaction, the executive vice president now directly owns 68,657 shares in the company, valued at $7,057,253.03. The disclosure for this sale can be found here. Insiders sold a total of 26,695 shares of company stock worth $2,750,815 over the last three months. 0.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Caprock Group LLC increased its position in Duke Energy by 58.4% during the 4th quarter. Caprock Group LLC now owns 3,783 shares of the utilities provider’s stock valued at $367,000 after purchasing an additional 1,395 shares during the period. PFG Advisors grew its position in shares of Duke Energy by 13.5% in the 4th quarter. PFG Advisors now owns 4,069 shares of the utilities provider’s stock worth $395,000 after buying an additional 485 shares during the period. AdvisorNet Financial Inc grew its position in shares of Duke Energy by 17.5% in the 4th quarter. AdvisorNet Financial Inc now owns 2,143 shares of the utilities provider’s stock worth $208,000 after buying an additional 319 shares during the period. JB Capital LLC grew its position in shares of Duke Energy by 14.9% in the 4th quarter. JB Capital LLC now owns 3,671 shares of the utilities provider’s stock worth $356,000 after buying an additional 477 shares during the period. Finally, apricus wealth LLC purchased a new stake in shares of Duke Energy in the 4th quarter worth about $1,497,000. 65.31% of the stock is owned by hedge funds and other institutional investors.

Duke Energy Company Profile

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.