Duke Energy (DUK) to Release Quarterly Earnings on Thursday

Duke Energy (NYSE:DUK) is anticipated to post its quarterly earnings results before the market opens on Thursday, February 13th. Analysts expect Duke Energy to post earnings of $1.61 per share and revenue of $7.65 billion for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Duke Energy Price Performance

DUK stock opened at $116.70 on Wednesday. The firm has a 50 day moving average of $109.74 and a 200-day moving average of $112.85. The company has a current ratio of 0.70, a quick ratio of 0.45 and a debt-to-equity ratio of 1.55. Duke Energy has a 12 month low of $90.09 and a 12 month high of $121.25. The firm has a market capitalization of $90.15 billion, a P/E ratio of 21.45, a price-to-earnings-growth ratio of 2.83 and a beta of 0.50.

Duke Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 14th will be paid a $1.045 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $4.18 dividend on an annualized basis and a yield of 3.58%. Duke Energy’s dividend payout ratio is presently 76.84%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. BMO Capital Markets boosted their price objective on shares of Duke Energy from $119.00 to $124.00 and gave the stock an “outperform” rating in a report on Monday, February 3rd. Morgan Stanley lowered their price objective on shares of Duke Energy from $122.00 to $118.00 and set an “equal weight” rating for the company in a report on Friday, November 22nd. KeyCorp lowered shares of Duke Energy from an “overweight” rating to a “sector weight” rating in a report on Tuesday, October 22nd. Scotiabank boosted their price objective on shares of Duke Energy from $113.00 to $120.00 and gave the stock a “sector perform” rating in a report on Thursday, December 12th. Finally, Mizuho upgraded shares of Duke Energy from a “neutral” rating to an “outperform” rating and upped their price target for the company from $116.00 to $121.00 in a report on Tuesday, October 15th. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, Duke Energy 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.