Duke Energy Corporation (DUK)
| Market Cap | 87.86B |
| Revenue (ttm) | 29.75B |
| Net Income (ttm) | 4.20B |
| Shares Out | 772.48M |
| EPS (ttm) | 5.44 |
| PE Ratio | 20.30 |
| Forward PE | 18.12 |
| Dividend | $4.18 (3.68%) |
| Ex-Dividend Date | Nov 15, 2024 |
| Volume | 1,766,854 |
| Open | 113.44 |
| Previous Close | 113.58 |
| Day's Range | 113.00 - 113.95 |
| 52-Week Range | 89.52 - 121.25 |
| Beta | 0.46 |
| Analysts | Buy |
| Price Target | 121.91 (+7.18%) |
| Earnings Date | Nov 7, 2024 |
About DUK
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. It generates electricity through coal, hydroelectric, natural gas, oil, solar and wind sources, renewables, and nuclear fuel. This segment also engages in the wholesale of electricity to municipalit... [Read more]
Financial Performance
In 2023, Duke Energy's revenue was $28.60 billion, an increase of 1.00% compared to the previous year's $28.32 billion. Earnings were $2.73 billion, an increase of 11.75%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for DUK stock is "Buy." The 12-month stock price forecast is $121.91, which is an increase of 7.18% from the latest price.
News
Duke Energy Foundation helps make Florida's natural resources more resilient with $285,000 in grants
Ten organizations across Florida receive funding to support resiliency efforts benefiting Florida's ecosystem Over the past five years, the Duke Energy Foundation donated more than $3 million to envir...
Smell natural gas? Get out fast!
Piedmont Natural Gas is reminding customers if they smell natural gas, get out fast! An odorant called mercaptan is injected into natural gas, giving it a smell like rotten eggs so it is easy to detec...
Duke Energy's self-healing technology, ongoing readiness enable rapid power restoration in Florida during back-to-back hurricanes Helene and Milton
Smart, self-healing systems in Florida helped save more than 300 million minutes of total lost outage time during recent hurricanes ST. PETERSBURG, Fla.
Duke Energy kicks off monthlong campaign providing more than $500,000 to help fight hunger in South Carolina
Funds will support more than 50 feeding programs as holidays approach and communities recover from Helene Efforts begin with Yam Jam, a volunteer event in Greenville that packages 50,000 pounds of swe...
Duke Energy Corporation (DUK) Q3 2024 Earnings Call Transcript
Duke Energy Corporation (NYSE:DUK) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Abby Motsinger - Vice President, Investor Relations Lynn Good - Chair and Chief E...
Duke Energy's new 2 GWs of US data centers to include minimum take agreements, CFO says
Duke Energy will include take-or-pay provisions in its agreements for two new gigawatts of U.S. data centers in its territory, as the utility continues to hammer out details of its power agreements wi...
Duke Energy sees up to $2.9 bln in hurricane restoration costs
Duke Energy said on Thursday it estimates the total cost to restore facilities damaged by Hurricanes Debby, Milton and Helene to be in the range of $2.4 billion to $2.9 billion.
Duke Energy reports third-quarter 2024 financial results
CHARLOTTE, N.C. , Nov. 7, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) has posted its third-quarter 2024 financial results in a news release available on the company's website at the following link: d...
Regulators approve Duke Energy Florida's request to lower rates in 2025
A 1,000 kWh residential customer bill will decrease by $9.77 beginning in January Bills will be impacted by the company's storm cost recovery later in 2025 ST. PETERSBURG, Fla.
Duke Energy responds to constructive Carolinas Resource Plan decision by North Carolina Utilities Commission
CHARLOTTE, N.C. , Nov. 2, 2024 /PRNewswire/ -- Duke Energy issued the following statement in response to yesterday's order by the North Carolina Utilities Commission (NCUC) on its Carolinas Resource P...
Dividend Aristocrats Of The Future - Part 3
This is the final group of 10 companies scheduled to reach dividend aristocrat status, sometime over the next five years. There are a variety of companies listed, some of whom may not be able to reach...
Duke Energy offers ways customers can save energy and money ahead of the winter months
Free home energy assessment available in-home and virtually. Seal and insulate your home and save through rebate program.
Monthly bills will drop for Duke Energy Carolinas customers in South Carolina beginning in November for annual adjustment to fuel costs
Home energy bills will decrease 12.7% Decrease more than offsets base rate increase that took effect in August GREENVILLE, S.C. , Oct. 31, 2024 /PRNewswire/ -- Duke Energy Carolinas customers in South...
Duke Energy expands North Carolina program that helps businesses become more renewable and carbon-free
With added options, Green Source Advantage Choice helps large businesses access renewable energy on Duke Energy's grid CHARLOTTE, N.C. , Oct. 22, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) has recei...
Duke Energy Florida restores power for over 99% of customers impacted by Hurricane Milton; crews continue working to restore remaining outages
The company met or exceeded estimated times of restoration for all counties Storm-related outages decreased from over 1 million to approximately 3,000 Editor's note: Visit the Duke Energy News Center...
Duke Energy names new state president for South Carolina
Tim Pearson will manage state and local regulatory and government relations, and community affairs Mike Callahan will become senior vice president and treasurer GREENVILLE, S.C. , Oct. 16, 2024 /PRNew...
Duke Energy Florida completes more than 99% of power restoration in Pasco County; work continues for Pinellas County customers who remain without power
Storm-related outages across the company's service territory have decreased from over 1 million to approximately 30,000 Editor's note: Visit the Duke Energy News Center for downloadable B-roll and ...
Duke Energy Florida restores power for several counties impacted by Hurricane Milton; outages decrease from 1 million to approximately 105,000
Pinellas and Pasco counties will be restored by end of day Tuesday Editor's note: Visit the Duke Energy News Center for downloadable B-roll and high-resolution images . ST. PETERSBURG, Fla.
Duke Energy Florida continues with power restoration; vast majority of Hurricane Milton-impacted counties to be restored by tonight
Outages have decreased from over 1 million to approximately 390,000 Pinellas and Pasco counties will be restored by end of day Tuesday Editor's note: Visit the Duke Energy News Center for downloadab...
Duke Energy Florida continues with power restoration in areas impacted by Hurricane Milton; outages have decreased from over 1 million to approximately 580,000
Most counties to be restored by end-of-day Sunday; Pasco and Pinellas counties to be restored by end-of-day Tuesday Editor's note: Visit the Duke Energy News Center for downloadable B-roll and hig...
Duke Energy to take four days to restore power in Florida after Hurricane Milton
Duke Energy expects to take at least four more days to restore electricity to many of its customers in Florida after Hurricane Milton caused power outages across the state, the U.S. utility firm said ...
Duke Energy Florida issues estimated times of restoration for customers impacted by Hurricane Milton
Editor's note: Visit the Duke Energy News Center for downloadable B-roll and high-resolution images . ST. PETERSBURG, Fla.
Duke Energy Conducting Damage Assessment in Florida
Melissa Seixas, president of Duke Energy Corp. in Florida, says crews are already out conducting damage assessments across the state after Hurricane Milton. They have about 845,000 customers without p...
Duke Energy Florida begins power restoration; nearly 350,000 outages restored since Hurricane Milton's landfall
The company will issue estimated times of restoration for all customers impacted by the storm this afternoon ST. PETERSBURG, Fla.
Duke Energy: A Lot Of Power But No Juice
Duke Energy has seen a 27% return since February, driven by AI-related electricity demand, but now trades at a high valuation multiple. Despite strong long-term growth potential and a 3.8% dividend yi...