Duke Energy (NYSE:DUK) Issues Quarterly Earnings Results

Duke Energy (NYSE:DUK) issued its quarterly earnings data on Thursday. The utilities provider reported $1.66 EPS for the quarter, topping the consensus estimate 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 Price Performance

NYSE DUK traded down $2.27 during trading hours on Friday, hitting $111.69. 3,581,434 shares of the company’s stock traded hands, compared to its average volume of 3,035,405. Duke Energy has a 52-week low of $90.09 and a 52-week high of $121.25. The company has a market capitalization of $86.27 billion, a PE ratio of 20.53, a PEG ratio of 2.83 and a beta of 0.50. The company has a debt-to-equity ratio of 1.55, a current ratio of 0.70 and a quick ratio of 0.45. The firm’s 50-day moving average is $109.85 and its 200-day moving average is $112.96.

Duke Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 14th will be given a dividend of $1.045 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $4.18 annualized dividend and a dividend yield of 3.74%. Duke Energy’s dividend payout ratio (DPR) is presently 76.84%.

Analyst Upgrades and Downgrades

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

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.