Duke Energy Corporation (DUK)
| Market Cap | 75.79B |
| Revenue (ttm) | 29.06B |
| Net Income (ttm) | 2.74B |
| Shares Out | 771.46M |
| EPS (ttm) | 3.54 |
| PE Ratio | 27.75 |
| Forward PE | 16.29 |
| Dividend | $4.10 (4.17%) |
| Ex-Dividend Date | Feb 15, 2024 |
| Volume | 4,036,240 |
| Open | 96.10 |
| Previous Close | 95.93 |
| Day's Range | 95.98 - 98.41 |
| 52-Week Range | 83.06 - 100.39 |
| Beta | 0.47 |
| Analysts | Buy |
| Price Target | 102.92 (+4.76%) |
| Earnings Date | May 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 $29.06 billion, an increase of 1.02% compared to the previous year's $28.77 billion. Earnings were $2.74 billion, an increase of 11.91%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for DUK stock is "Buy." The 12-month stock price forecast is $102.92, which is an increase of 4.76% from the latest price.
News
Duke Energy Florida's tree care practices prevent outages, earn 18th consecutive year of national recognition
Recognition cites quality tree care, including proper pruning and training in accordance with industry standards Program promotes safe, reliable electric service and abundant, healthy trees Since 2017...
People behind the power: What to know about the remarkable role of Duke Energy lineworkers
On April 18, Duke Energy celebrates the men and women who keep the lights on for customers every day Lineworkers play a critical role in the clean energy transition and building the grid of the future...
As storm season begins, Duke Energy reminds public to move over, slow down as they approach utility crews working along the roadside
During storm season, additional Duke Energy crews may be on the roads to repair damaged power lines or infrastructure Speeding and distracted driving are the leading contributing factors in vehicle ac...
Duke Energy celebrates Florida lineworkers of the past, present and future ahead of National Lineworker Appreciation Day
National Lineworker Appreciation Day, April 18, recognizes the men and women who power the lives of millions across the country More than $1.8 million invested in college lineworker programs to streng...
Duke Energy to announce first-quarter financial results on May 7
CHARLOTTE, N.C. , April 11, 2024 /PRNewswire/ -- Duke Energy will post its first-quarter 2024 financial results at 7 a.m.
Duke Energy Florida to reduce rates for a second time this year, beginning this June
If approved, the company's rate reduction request will reduce a typical residential customer bill of 1,000 kWh by almost $6 The proposed reduction is in addition to a bill rate decrease of about $11 t...
Duke Energy to sell stake in Pioneer Transmission joint venture to John Laing
CHARLOTTE, N.C., April 4, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) today announced it has reached an agreement to sell its 50% ownership interest in Pioneer Transmission LLC (Pioneer) to John Lain...
Duke Energy to implement new PowerPair pilot program for pairing home solar installations with battery energy storage
Customers could receive up to $9,000 as a one-time incentive to help lower the cost of installing solar and battery storage Programs explore new ways to help manage low carbon grids of the future CH...
A stronger electric grid, enhanced customer services and environmental obligations are some of the drivers of Duke Energy's Indiana rate request
Electric grid security and investments to serve a growing state are also key parts of the request Voluntary 'time-of-use' rates proposed to help manage customer bills PLAINFIELD, Ind. , April 4, 2024 ...
Duke Energy Florida files for new base rates; announces fuel filing to reduce rates in 2024, expects overall lower customer bills in 2025
Company also filed new proposed energy efficiency programs ST. PETERSBURG, Fla.
Piedmont Natural Gas files rate adjustment in North Carolina for capital investments to better serve customers
Company seeks recovery of investments in system reliability and improvements to support new and existing customers Request includes rate reductions for natural gas costs and income tax payment credits...
Know what's below - Piedmont Natural Gas, Duke Energy remind customers and professional excavators to call 811 before digging
April is National Safe Digging Month, recognizing the importance of calling 811 before digging to have utility lines marked. Underground electric and natural gas lines were hit over 10,300 times in 20...
Duke Energy's Carolinas Lineman's Rodeo qualifies 30 local lineworkers to compete in international event
Regional Lineman's Rodeo events test job skills critical to power delivery and restoration International rodeo competition featuring the world's top lineworkers to be held Oct. 19 in Bonner Springs, K...
Duke Energy Progress looks to add solar power in eastern South Carolina as part of diverse plan to support booming growth
Robinson Solar Center will be key next step to transitioning to cleaner energy economy for the state Project builds on long history of powering the economy of the Pee Dee region GREENVILLE, S.C. , Mar...
Duke Energy and Piedmont Natural Gas celebrate natural gas employees on Natural Gas Utility Workers' Day
March 18 spotlights natural gas employees' role in serving nearly 189 million Americans with safe, reliable natural gas Natural gas technicians play vital role in modernizing the natural gas delivery ...
Duke Energy appoints Harry Sideris president of company
Sideris to report to Lynn Good, Chair and CEO Steve Young, EVP and Chief Commercial Officer, to retire after a 40-plus year career Bonnie Titone, Sasha Weintraub and Scott Batson to join company's sen...
Duke Energy supports Florida customers with $150,000 in grants to programs aimed at providing stability
Funding will go to six organizations that help Florida individuals and families in need ST. PETERSBURG, Fla.
Duke Energy's Florida Lineman's Rodeo qualifies 15 local lineworkers to compete in international event
Regional Lineman's Rodeo events test job skills critical to power delivery and restoration International Rodeo competition featuring the world's top lineworkers to be held Oct. 19 in Bonner Springs, K...
AiDash Extends its Series C Funding Round, Adds Duke Energy as a Strategic Investor
SAN JOSE, Calif.--(BUSINESS WIRE)-- #AiDash--AiDash, an enterprise SaaS company making critical infrastructure industries climate resilient and sustainable with satellites and AI, today announced that...
Duke Energy supports first responders with $500,000 in grant opportunities for emergency preparedness in South Carolina
Grants will pay for training, life-saving equipment and new technology to aid in disaster planning and recovery operations Application now open for nonprofits, governmental agencies GREENVILLE, S.C. ,...
Duke Energy supports fellow first responders with more than $200,000 in grants for emergency preparedness in Indiana
Funding will support 34 nonprofit and government agencies across the company's Indiana service territory PLAINFIELD, Ind. , Feb. 15, 2024 /PRNewswire/ -- First responders across Indiana, including loc...
Duke Energy named one of the World's Most Admired Companies, thanks to its commitment to innovation, sustainable business and more
CHARLOTTE, N.C. , Feb. 9, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) has been recognized by Fortune magazine as one of the World's Most Admired Companies for 2024.
Duke Energy removes CCP-tied batteries from green energy project at Marine Corps base: report
Duke Energy will remove batteries manufactured by CATL, a Chinese company with CCP ties, from a solar array project at Camp Lejeune in North Carolina.
Exclusive: Duke Energy to remove Chinese battery giant CATL from Marine Corps Base
Under pressure from Congress, U.S. utility company Duke Energy plans to decommission energy-storage batteries produced by Chinese battery maker CATL at one of the nation's largest Marine Corps bases.
Duke Energy misses Q4 profit estimates on higher interest costs, raises capex
Utility firm Duke Energy missed fourth-quarter profit estimates on Thursday on higher interest expenses and raised its five-year capex by $8 billion to support its transition to renewable energy.