Duke Energy Corporation (DUK)
Market Cap | 96.39B |
Revenue (ttm) | 29.93B |
Net Income (ttm) | 4.40B |
Shares Out | 777.02M |
EPS (ttm) | 5.70 |
PE Ratio | 21.76 |
Forward PE | 19.64 |
Dividend | $4.18 (3.37%) |
Ex-Dividend Date | Feb 14, 2025 |
Volume | 6,369,707 |
Open | 123.00 |
Previous Close | 120.39 |
Day's Range | 121.63 - 124.67 |
52-Week Range | 92.75 - 124.67 |
Beta | 0.47 |
Analysts | Buy |
Price Target | 123.93 (-0.1%) |
Earnings Date | May 6, 2025 |
About DUK
Duke Energy Corporation, through 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 to approximately 8.6 million customers in the Southeast and Midwest regions. It generates electricity through coal, hydroelectric, natural gas, oil, renewables, and nuclear fuel. This segment also engages in the wholesale of electricity to municipa... [Read more]
Financial Performance
In 2024, Duke Energy's revenue was $29.93 billion, an increase of 4.66% compared to the previous year's $28.60 billion. Earnings were $4.40 billion, an increase of 60.95%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for DUK stock is "Buy." The 12-month stock price forecast is $123.93, which is a decrease of -0.10% from the latest price.
News

Harry Sideris steps into CEO role leading Duke Energy, joins Board of Directors
Sideris continues to advance company strategy to build a smarter energy future for customers Lead independent director, Ted Craver, becomes board chairman CHARLOTTE, N.C. , April 1, 2025 /PRNewswire/ ...

Duke Energy receives approval to extend operations at Oconee nuclear plant
U.S. utility Duke Energy said on Monday the Nuclear Regulatory Commission (NRC) has approved the license renewal of its Oconee nuclear station in South Carolina for another 20 years.

Duke Energy's largest nuclear plant receives approval to extend operations; supports growing energy demand, helps keep customer costs as low as possible
The Nuclear Regulatory Commission (NRC) approves extending Oconee Nuclear Station's operating licenses by 20 years Duke Energy's six nuclear plants generate half of the Carolinas' electricity CHARLOTT...

Duke Energy Florida and its foundation continue their commitment to affordable housing with $75,000 in donations to Habitat for Humanity
Grants awarded to three Habitat for Humanity affiliate organizations Affordable housing investments from the company top $200,000 in Florida since 2020 Duke Energy Florida employees volunteer to build...
The Big 3: NVDA, DUK, KO
Jessica Inskip joins Nicole Petallides live at the NYSE to talk about three trades she expects to make a comeback. She talks about energy's resurgence with Duke Energy (DUK), Coca-Cola's (KO) "health"...

Duke Energy invests $600,000 in North Carolina's community colleges to build next generation workforce
A total of 19 community colleges will receive $500,000 in grant awards Additional $100,000 will support the Forward Fund to expand access to training opportunities for students Duke Energy's ongoing c...

Duke Energy offers $500,000 to support South Carolina first responders
HERO Grant Program will pay for training, equipment and new technology to aid in response to weather-related disasters Giving exceeds $2 million total through fourth year of the program GREENVILLE, S....

New Duke Energy programs offer Florida customers more choices related to electric vehicles
Various incentives offered for residential and business customers through the Charger Prep Credit, Off-Peak Charging Credit and Fleet Advisory programs ST. PETERSBURG, Fla.

Duke Energy requests input on recreation opportunities along the Catawba-Wateree lakes and rivers
A Recreation Use and Needs Study will be conducted from March through October Public invited to provide opinions and feedback on current water access areas and other recreational opportunities CHARLOT...

Duke Energy: Why I Own It During Volatile Markets
Greece's prolonged market collapse highlights the risk of markets not recovering, emphasizing the importance of holding stable, essential service stocks like Duke Energy. Duke Energy offers stability ...

Duke Energy: Reliable Income And Steady Growth
Duke Energy offers stability and reliable dividends, making it an attractive choice for income investors in a volatile market. DUK has a strong operational performance, with a 3.6% dividend yield back...

Duke Energy commits $500,000 to boost local storm preparedness initiatives in North Carolina
Grants will support storm preparedness and natural disaster readiness Applications will be accepted through April 25 for eligible organizations CHARLOTTE, N.C. , Feb. 27, 2025 /PRNewswire/ -- Duke Ene...

Duke Energy Florida files plans for four new solar energy sites, adding nearly 300 megawatts of energy to the electric grid
The sites will be located in Madison, Sumter, Hernando and Jefferson counties and completed by summer 2026 All together, they are expected to save customers $843 million over their service lifetimes S...

Duke Energy Foundation donates $40,000 to Area Agency on Aging of Pasco-Pinellas to supply severe weather kits for older adults
Grant provides critical supplies prior to storm season Duke Energy employees volunteer to assemble severe weather kits ST. PETERSBURG, Fla.

Duke Energy: Murky Outlook Warrants Caution
Duke Energy offers a stable dividend and predictable cash flow, but faces rising debt and muted organic growth. Another pro: surging data center demand. Another con: storm exposure and related costs. ...

Duke Energy names Katherine Neebe as chief communications officer
CHARLOTTE, N.C. , Feb. 18, 2025 /PRNewswire/ -- Duke Energy announced today it has appointed Katherine Neebe, senior vice president and chief sustainability officer, as chief communications officer (C...

Duke Energy prepares for approaching winter storm
Mix of snow and ice could cause power outages in some regions Customers are encouraged to prepare in advance for potential outages CHARLOTTE, N.C. , Feb. 18, 2025 /PRNewswire/ -- Duke Energy is monito...

Duke Energy Florida celebrates Engineers Week, highlights importance of training new power grid dispatchers
Engineers Week is recognized as Sunday, Feb. 16, through Saturday, Feb. 22 Dispatchers must complete extensive training to serve as the "eyes in the sky" of the power grid ST. PETERSBURG, Fla.

Duke Energy Corporation (DUK) Q4 2024 Earnings Call Transcript
Duke Energy Corporation (NYSE:DUK) Q4 2024 Earnings Conference Call February 13, 2025 10:00 AM ET Corporate Participants Abby Motsinger - Vice President, Investor Relations Lynn Good - Chair and Chie...

Duke Energy raises five-year capex plan on increased data center, industrial demand
Duke Energy on Thursday raised its five-year capital expenditure plan to $83 billion, a 13.7% jump, as the utility looks to boost its grid to profit from an oncoming demand from data centers and incre...

Duke Energy reports fourth-quarter and full-year 2024 financial results
CHARLOTTE, N.C. , Feb. 13, 2025 /PRNewswire/ -- Duke Energy (NYSE: DUK) has posted its fourth-quarter and year-end 2024 financial results in a news release available on the company's website at the fo...

Duke Energy Florida shares various resources to help customers manage increased energy usage in January
Financial assistance programs, incentives and rates – and even low-cost or no-cost energy efficiency tips – can offset higher-than-average electric bills ST. PETERSBURG, Fla.

Duke Energy provides $200,000 in grants to help nonprofits that support senior citizens in South Carolina
Funding supports 20 organizations each with $10,000 Grants are a continuation of assistance to senior programs, with more than $300,000 distributed over the past two years GREENVILLE, S.C. , Feb. 12, ...

Top 3 Utilities Stocks That May Collapse In Q1
As of Feb. 12, 2025, three stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Sleep Like A King, Earn Like A Pro: 2 Big Dividend Ideas For Income And Wealth
I once thought holding cash for a market crash was smart, but waiting for crashes is a risky game. Inflation devalues cash much faster than investing. Market timing is tough. Predicting corrections co...